Nigeria’s President Salary Structure 2022 | Current Monthly Earnings

Filed in Job, Salary Structure by on April 12, 2022

– Nigeria’s President Salary Structure 2022 –

Check out Nigeria’s President Salary Structure 2022. According to the Revenue Mobilisation Allocation and Fiscal Commission. From basic arithmetic, the take-home pays off the Nigerian President and the Vice President.

Nigeria's President Salary Structure 2022

Breakdown of President Salary

However, the President’s salary breakdown was made known to the public. By the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).

Which is empowered by section 32 (d) of Part1 of the Third Schedule. However, the Constitution which determines the revenue that is suitable for the holders of political office.

Apart from the basic salary, the President of Nigeria is also entitled to allowances which include. Hardship allowance, which makes 50% of his salary, N1, 757,350.50.

Also, consistency allowance which makes 250% of his salary, N8, 786,762.50.

The president’s gratuity is N10, 544,115. Also, which makes 300% of his salary. However, he is also entitled to a leave allowance which makes 10% of his salary, 351, 470.50.

Also, a vehicle loan which makes 400% of the salary, 14, 058,820 is to be repaid before the tenure expires.

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Some other regular allowances include; Personal assistant. Also, with a constituency, vehicle fuelling/maintenance, domestic staff.

Additionally, entertainment, recess, newspaper/periodicals, utilities. It also, includes houses maintenance, security, special help, furniture, wardrobe, duty tour, accommodation, estacode, medical allowances, etc.  

Salary Structure Of Nigerian President

However, the Vice President Osibanjo also gets a Hardship allowance of N1, 515,786.25, Consistency allowance of N7, 578,931.25, Severance gratuity of N9, 094,717.50.

Also, with a Leave allowance of N303,157.25. He also receives a vehicle loan which makes 400% of his basic salary, N12, 126,290 which is to be repaid before the tenure expires.

After summing up all allowances, President Buhari will earn N1, 171,568.33 monthly, and N14, 058,820 yearly. 

However, the vice president will earn N1, 010,524.17 monthly, and N12, 126,290 yearly.

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Also, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), reassessed the salary structure in 2007.

Therefore, they were carried out right after the salary structure assessment allowances. Also, for holders of top federal public offices out by the National Salaries and Wages Commission.

which took effect on 1st May 2000 after the administration of Olusegun Obasanjo.

President Buhari’s official salary at the moment is N3.51 million per year. Also, N3.03 million for Vice President Osibanjo.

Meanwhile, N2.02 million for the Minister, N1.95 million for the Minister of State. Also, N1.94 million for Special Adviser. N2.22 million for Governor, N2.11 million for Deputy Governor, and N1.33 million for Commissioners.

However, if you find this article interesting share it with friends across the country. Also, in the diaspora let the know the basic salary of the president of the Federal Republic of Nigeria.

Thank you for reading please this with any of our social media platforms.

CSN Team.

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