Vunderkind
Social Member
Former vice president of Nigeria and current presidential aspirant under the APC platform, Atiku Abubakar, may be setting the pace as he says he plans for his presidential salary to be N1 per annum if he is elected president in the elections in February 2015.
This was discovered on Saturday ahead of the Policy Retreat Review at the Obasanjo Presidential Lirary in Abeokuta, Ogun State, which will begin on Monday.
The retreat is part of Atiku's strategies for election. It will be recalled that Atiku on September 24 declared his intention to seek the APC ticket in December.
PremiumTimes gives a breakdown as below:
The Nigerian president currently earns a basic salary of N3.5 million annually while the vice president takes N3.03 million.
However, the president is entitled to other benefits/allowances. These are regular allowances such as hardship allowance of N1.7 million; Constituency allowance, N8.7 million; leave allowance of N351,470.50: severance gratuity N10.5 million; and motor vehicle loan N14.1 million.
The other allowances are for accommodation, furniture, utility, vehicle maintenance, entertainment, medical, security allowance, newspaper/periodicals and domestic staff. The costs are not provided by the Commission Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, the body which fixes the emoluments of Nigeria’s political, public and judicial office holders.
Click here to read more
Source: #PremiumTimes
This was discovered on Saturday ahead of the Policy Retreat Review at the Obasanjo Presidential Lirary in Abeokuta, Ogun State, which will begin on Monday.
The retreat is part of Atiku's strategies for election. It will be recalled that Atiku on September 24 declared his intention to seek the APC ticket in December.
PremiumTimes gives a breakdown as below:
The Nigerian president currently earns a basic salary of N3.5 million annually while the vice president takes N3.03 million.
However, the president is entitled to other benefits/allowances. These are regular allowances such as hardship allowance of N1.7 million; Constituency allowance, N8.7 million; leave allowance of N351,470.50: severance gratuity N10.5 million; and motor vehicle loan N14.1 million.
The other allowances are for accommodation, furniture, utility, vehicle maintenance, entertainment, medical, security allowance, newspaper/periodicals and domestic staff. The costs are not provided by the Commission Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, the body which fixes the emoluments of Nigeria’s political, public and judicial office holders.
Click here to read more
Source: #PremiumTimes
