There’s been a lot of controversies in the country as to how much the president of the Federal Republic of Nigeria is paid. To clear the air, we had to do some thorough research on How Much a Nigerian President is Paid. We finally came up with the topic “See How Much a Nigerian President is Paid: Full Salary and Allowances”.
Not long ago after the Revenue Mobilization Allocation and Fiscal Commission made known to the public the full salary and allowances of the President of the Federal Republic of Nigeria, Mr. President gave order to slice his and his cohort’s (Yemi Osinbajo) salary 50%. This development was made in 2015 when President Muhammadu Buhari won the 2015 election against Ex-president Goodluck Jonathan.
Without much ado, let’s show you the full salary and allowances of a Nigerian president.
See How Much a Nigerian President is Paid: Full Salary and Allowances
The president’s salary of N14 Million is exclusive of the free charges of services to the president like the supply of Newspapers, Security, Personal Assistance to the president, Special Assistance to the president, Car maintenance and fueling, Utilities, Medical Allowance, Duty tour allowance per night, Estacode, Furniture and accommodation allowance, Domestic staff and Entertainment allowance.
Some of the allowances given to the President are periodic allowances (Once in a while allowances), while some are provided on monthly grounds.
Full Salary and Allowances – N14 Million
Basic Salary – N3,514,705
Other Allowances that amount to N14 Million are;
Consistency allowance – N8, 786,762.50
Hardship allowance – N1, 757, 350.50
(The consistency and Hardship allowances make up 300% of the president’s annual salary which constitute to the N14 Million presidency annual salary)
These allowances mentioned are given to the president on periodic basis and there are some other ones that are given on monthly basis.
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