Nigeria: President Buhari Moves to Slash Own Salary, Allowances, State House Budget

General Buhari

John Alechenu and Olalekan Adetayo,

There are strong indications that in fulfilment of his campaign promise to reduce the cost of governance, President Muhammadu Buhari may have concluded plans to slash his salary and reduce his personal emoluments.

It was learnt that the President expected the Vice-President and other political appointees to take a similar decision.

Saturday PUNCH gathered in Abuja on Friday that the President would have made his decision public but chose to consult with his close associates on how best to approach the issue without being seen as dictatorial.

According to the Revenue Mobilisation Allocation and Fiscal Commission, President Buhari will earn a monthly salary of N3, 514, 705. He is also entitled to a regular hardship allowance and 50 per cent of the basic salary, which is N1,757,350.50.

There is however no information yet as to what percentage of Buhari’s salary and emoluments will be slashed.

But it was reliably learnt that the President would also reduce State House budget.

Other areas being considered by the President included appointment of aides and the possibility of implementing the report of the Stephen Oronsaye-led Presidential Committee on the Rationalisation and Restructuring of Federal Government Parastatals, Commissions and Agencies.

Buhari, had on Tuesday sought the approval of the National Assembly to appoint 15 special advisers, unlike former President Goodluck Jonathan, who had 23 special advisers and scores of special assistants.

It was gathered that the President, who in his inaugural speech, said the Nigerian economy was in deep trouble, might not increase the number of special advisers from 15 as part of the measures to cut down cost of governance.

It was also learnt that the President might look into the report of the Oronsaye committee and the White Paper on it.

The committee had said that out of the existing 541 MDAs in the country, only 163 deserved to exist.

A top member of the APC, who confided in Saturday PUNCH, said that the President had also concluded plans to submit some bills to the National Assembly for the implementation of some of these cost-saving measures. Read full on Punch