NAIJA NEWS
The newly inaugurated ministers under the administration of President Bola Tinubu are expected to earn N8.63 billion in salaries and allowances over the next four years.
However, the figure might increase if the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) finalises its review of public servants’ remuneration.
According to Daily Trust, Data on the remuneration package for public service holders from RMFAC revealed that a minister’s monthly salary is fixed at N650,135.99.
This means that a minister gets N7.801 million per annum.
A breakdown of this amount showed that the basic salary of a minister is N2,026,400 per annum; vehicle fueling N1,519,800; personal assistance, N506,600; domestic staff, N1,519,800; entertainment, N911,880; utilities, N607,920; monitoring, N405,280 and newspapers, N303,960.
These exclude other allowances approved for ministers by the RMAFC such as N16.20m for accommodation for four years; furniture allowance, N6.079m; severance gratuity, N6.079m; leave allowance, N0.81m and motor vehicle allowance, N8.1m.
