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RMAFC Releases Detailed Salary Breakdown For Senators

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The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has announced that each of the 109 senators in the Nigerian Senate receives a monthly salary and allowances totaling ₦1,063,860.

The breakdown of this amount is as follows: Basic Salary – ₦168,866.70; Motor Vehicle Fuelling and Maintenance Allowance – ₦126,650.00; Personal Assistant – ₦42,216.66; Domestic Staff – ₦126,650.00; Entertainment – ₦50,660.00; Utilities – ₦50,660.00; Newspapers/Periodicals – ₦25,330.00; Wardrobe – ₦42,216.66; House Maintenance – ₦8,443.33; and Constituency Allowance – ₦422,166.66.

Read Also: Tinubu To Embark On Three-Day Official Visit To Equatorial Guinea

RMAFC Chairman M. B. Shehu issued this clarification on Tuesday in response to claims made by former Senator Shehu Sani, who alleged that each senator receives an additional ₦13.5 million monthly running cost alongside the ₦750,000 prescribed by the Commission.

Shehu had stated that the RMAFC does not have the constitutional authority to enforce adherence to the remuneration package, but noted that the National Assembly is working to address this gap.

RMAFC Chairman M. B. Shehu explained that senators receive both regular and non-regular allowances.

According to him, regular allowances, which include basic salary, are paid monthly, while non-regular allowances are disbursed as needed.

He said, “For instance, Furniture allowance (₦6,079,200:00) and Severance Gratuity (₦6,079,200:00) are paid once in every tenure and Vehicle allowance (₦8,105,600:00) which is optional is a loan which the beneficiary has to pay before leaving office.”

Shehu also noted that except for the president, vice president, senate president, and speaker of the House of Representatives, public and legislative officers no longer receive housing allowances as they did previously.

On Sunday, the Senate responded to former President Olusegun Obasanjo’s remarks, in which he claimed that lawmakers in both chambers of the National Assembly set their own salaries.

Senate spokesman Yemi Adaramodu responded to former President Olusegun Obasanjo’s comments by urging anyone with credible evidence to present it, calling any claims that the National Assembly sets its own salaries “uncharitable and satanic.”

Adaramodu asserted that the Senate only receives the salary allocated by the RMAFC in accordance with the constitution.

On Friday, Obasanjo, who served as Nigeria’s President from May 1999 to May 2007, criticized the practice of federal lawmakers determining their own salaries and allowances, describing it as “immoral.”

He suggested that the responsibility for setting these salaries should instead fall to the RMAFC.

 

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  1. senior assisted living facility

    August 13, 2024 at 9:34 pm

    Excellent piece! Your thorough summary is much appreciated. I now see the issue from a different angle thanks to your insightful comments. You made your points quite clearly with the examples you included. You have my gratitude for penning this.

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NEWS

Adeleke Approves Adeyemi’s Appointment As Chairman, Governing Council, Osun State College of Education

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OSUN GUBER: Court strikes out suit challenging Adeleke’s nomination

 

Osun State Governor, Senator Ademola Adeleke has approved the appointment of Akinyele Sarafa Adeyemi, as the new Chairman of the Governing Council of the Osun State College of Education, Ila Orangun.

This was detailed in a statement in Osogbo on Friday by Spokesperson to Governor Adeleke, Olawale Rasheed.

ALSO READ: Adeleke Sues For Constitutionality Over PDP’s Chairmanship Crisis

According to Rasheed, Adeyemi replaces Dr Peter Babalola who resigned his appointment after a controversial tenure at the College of Education.

He stated that “Adeyemi who holds a first and Masters degrees in Education from the University of Ibadan is a retired principal of the Federal Girls College, Ipetumodu.”

It was gathered that the swearing in ceremony for the new Council Chairman holds by 10am on Monday at the EXCO lounge.

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JUST IN: Civil Servants To See Wage Increase As Committee Finalizes Implementation Date

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The Committee on Consequential Adjustments in Salaries for Civil Servants has confirmed that the newly approved minimum wage will be implemented starting July 29, 2024.

This was disclosed in a Memorandum of Understanding (MoU) issued at the conclusion of the committee’s meeting in Abuja on Friday.

Read Also: NLC Accuses Tinubu Of Sabotaging Minimum Wage With Fuel Hike

The MoU reads, “The National Salaries, Incomes, and Wages Commission (NSIWC) will prepare and release the necessary salary templates for other consolidated salary structures. The implementation date for the new wage will take effect from July 29, 2024.”

The committee, comprising 16 members, was set up to oversee the execution of the National Minimum Wage Act of 2024. This legislation raised the country’s minimum wage from ₦30,000 to ₦70,000.

Among its key responsibilities, the committee is tasked with negotiating salary adjustments across various sectors and developing a template for implementing the newly approved wage structure.

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Fuel Price Hike: Energy Analyst Adeoye Reveals Who Bears The Subsidy Costs

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With the pump price of Premium Motor Spirit (PMS) popular in the streets as petrol, hovering around approximately N1000-N1300 per litre, concerns are mounting about the viability of fuel subsidies in Nigeria.

Energy policy analyst, Adeyemi Adeoye, has underscored the critical role of the Nigerian National Petroleum Company Limited (NNPC Ltd) in this issue, shedding light on who bears the subsidy costs.

He shared his views on TVC News on Friday.

Biztellers reports that the pump price of petrol has risen from below N200/litre at at May 29, 2023 to around N1300/litre as at September 20, 2024, with little variations depending the part of Nigeria, consumers are buying from.

Read More: Fuel Pricing Should Serve Public Interest, Not Profit — Yemi Adeoye

He stated, “Only the NNPC can engage in negotiations of this nature. Their partnership with the Dangote Refinery gives them leverage to negotiate from a position of strength.”

Adeoye highlighted that while the Independent Petroleum Marketers Association of Nigeria (IPMAN) and other marketers lack significant influence over prices, the Dangote Refinery prioritizes profitability.

According to him, this makes the NNPC’s negotiations vital, as they are legally required by the Petroleum Industry Act to ensure fuel availability across the country and prevent long queues at gas stations.

Adeoye said, “It is only NNPC that could have gone into that type of negotiation because NNPC is coming to the table from a position of strength because they have a partnership with the Dangote Refinery, and they have other businesses they are supplying crude to, so they can come and say, ‘Look, this has to be this way.’

“The IPMAN and the other marketers cannot do that because Dangote is a profit-making organization; it is not a charity organization. So, the only thing that is important to the Dangote Refinery is to make a profit, which is the same thing that is important to any business.

“So, the NNPC went into these negotiations because it also understands that it is the last resort. In terms of fuel distribution in the country, NNPC is mandated by the Petroleum Industry Act to make sure that there are no queues in the country. So, even if they don’t want to do it, the law mandates NNPC as the supplier, the last resort, to make sure that there is petroleum product across Nigeria.

“That negotiation is such that NNPC took all the calculations in and said, ‘This is a fair pricing that we know we can withstand.’

“Because what NNPC was paying out, which you might call a subsidy or under-recovery, NNPC was paying the difference on behalf of the government, which is under the directive of the president, who has also said he wants to see this situation totally resolved.

“That was why he directed the NNPC to make sure that crude oil to the Dangote Refinery is sold in Naira, because NNPC produces the crude in dollars, and it has to be sold to the Dangote Refinery in Naira, which is good faith.” he added

 

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