Nigeria’s federal legislators will soon have their salaries slashed, the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has said.
This was disclosed on Tuesday, August 25, 2015, by RMAFC Chairman, Elias Mbam.
Mbam said that the lawmakers’ salaries would be reduced to reflect current economic realities.
He told journalists after a meeting with President Muhammadu Buhari:
“We are here to brief the President on the activities of the commission, the challenges and the way forward.”
“The President advised us to ensure that we use all legitimate means to ensure all public office holders take home remuneration as determined by the commission and also block all leakages.”
“We have done a lot in informing the public on the true position of the remuneration packages. It is on our website; it is clearly written there and we have published these remuneration packages in many national dailies several times.”
“Presently, we are reviewing the subsisting remuneration packages and it is going to reflect the socio-economic realities of today. We expect that before the end of next month, it will be ready.”
“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.”
Meanwhile, the lawmakers are said to have received a total recess allowance of N93 million despite only sitting for 14 days since their inauguration on June 9.
