- One of the reforms he said he would carry out on assumption of duty as President was to cut down excessive and wasteful spending.
- Going by records though, President Buhari and Vice President Osinbajo might not be the first public officers to carry out this noble act, but they are truly meeting their words with action. They have agreed to slash down their pay-cheque.
- President Muhammadu Buhari will only receive 50% of the salary paid to his predecessor, Goodluck Jonathan, the presidency announced Friday.
- The president’s decision to take a pay cut was conveyed to the Office of the Secretary to the Government of the Federation on Thursday by the Permanent Secretary of the State House, Nebolisa Emodi.
“I write to forward the completed IPPIS registration form of Mr. President and to draw your kind attention to Mr. President’s directive that only 50% of his salary be paid to him,” the permanent secretary, Mr. Emodi, was quoted as saying in the letter with reference number PRES/81/SGF/17.
- Vice President Yemi Osinbajo has similarly given up half of his official remuneration, Aso Rock confirmed in a statement signed by a presidential spokesperson, Garba Shehu.
- The current annual remuneration of the President of Nigeria as published by the Revenue Mobilisation Allocation and Fiscal Commission is N14, 058,820.00.
- With this latest development, it is the hope of Nigerians that members of the National Assembly will follow this honorable line and do the needful by also accepting a pay-cut, which in our opinion will make a whole world of positive difference in the nation’s economy.