The federal government is considering reviewing political office holders’ pay, which has sparked intense national discussion…..CONTINUE FULL READING>>>>>
Mohammed Shehu, the chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), made the revelation in Abuja. He pointed out that since 2008, the compensation scale for Nigeria’s top political leaders has not changed. He claims that President Bola Tinubu currently receives a monthly salary of roughly N1.5 million, while ministers receive less than N1 million. Many Nigerians perceive these salaries to be unexpectedly low given the responsibility that these positions entail. “How is the president of a country with more than 200 million citizens only making N1.5 million a month?” Shehu asked. He drew attention to the glaring disparity in the public sector pay structure, pointing out that certain parastatal chief executives receive pay and perks that are many times greater than those of cabinet ministers.
But in many places, the notion of changing these profits has been greeted with ire. The action, according to labour groups, is disrespectful, particularly at a time when millions of people are dealing with stagnating salaries and growing inflation. Critics also point out that discussions on raising political pay seem to be proceeding quickly, despite the fact that negotiations over a better minimum wage for workers were challenging. The idea was criticised by Professor Chidiebere Nwachukwu of the University of Nigeria, who maintained that it demonstrates priorities that are not aligned. “The government seems more focused on the welfare of politicians, but Nigerians are still dealing with poor university funding, delayed salaries, and economic hardship,” he said….CONTINUE FULL READING>>>>>
