• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News Politics

No Federal Lawmaker Should Earn More Than N1m, Says RMAFC Boss

Editor by Editor
August 26, 2015
in Politics
Here’s How Much Federal, States And LGs Shared In May
Share on FacebookShare on TwitterShare on Linkedin

MoreStories

Appeal Court dismisses Governor Fubara’s request to restore N800 billion budget passed by four lawmakers 

Fubara names new Chief of Staff, SSG after cabinet shake-up

February 26, 2026
Peter Akpe: Meet RCCG Pastor appointed Bayelsa’s new deputy governor 

Peter Akpe: Meet RCCG Pastor appointed Bayelsa’s new deputy governor 

February 24, 2026
  • The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) is unaware of lawmakers’ jumbo pay.
  • Its Chairman Elias Mbam said yesterday that no senator or House of Representatives member should earn more than N1m monthly, going by the recommendations of the commission, which fixes salaries and wages for public officers.
  • Mbam spoke to reporters at the State House in Abuja after a meeting of the RMAFC with President Muhammadu Buhari.According to him, a new pay structure that will reflect the economic realities will be proposed next month for all categories of public officers.
  • Although President Buhari and Vice President Yemi Osinbajo have slashed their salaries by 50 per cent, federal lawmakers have expressed disinterest in cutting their pay.
  • But Mbam told reporters yesterday that if the lawmakers’ salaries are cut by the RMAFC after the review, they must abide by the decision.

“They do not have a choice; we are guided by the Constitution and we are going to be guided by such laws that are provided for in the Constitution and the oath they swore to obey the laws of the country.

“We are currently reviewing the subsisting remuneration packages and it is going to reflect the socio-economic realities of today.

On when a new package will be ready, Mbam said: “We expect that before the end of next month it will be ready. But it will go through a process. It is not something that you will just say ‘yes’ or ‘no’. It will go through a process and it should be obvious to you the economic realities of the day and it is going to reflect that.

Tags: News ReviewProfessor Osinbajo
Editor

Editor

Next Post
Find Out Why Ecobank Was Ordered To Pay Skye Bank N629m

Find Out Why Ecobank Was Ordered To Pay Skye Bank N629m

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics