How much Nigeria’s elected public office holders earn has always been a subject of debate among Nigerians, always heated usually with unsubstantiated claims.
While majority of Nigerians believe Nigerian politicians collect bigger salaries than what they should get, the politicians have always risen in defence of their take-home pay.
For instance, the new president of the Senate and chairman of the National Assembly, Ahmed Lawan, prior to his election, defended the alleged N13.5 million monthly salary being paid to each of the 109 senators in the country.
Lawan said the major component of the amount is for oversight assignment allowances.
He said there would be no reduction of the amount saying there is nothing like jumbo pay for senators since each of them goes home with about N1 million monthly and allowances for oversight functions.
How much really do Nigerian elected politicians earn? Legit.ng investigates the monthly salaries and allowances of Nigerian president, vice president, state governors and deputy governors.
President of the Federal Republic of Nigeria
According to a document prepared by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) and published on bpsr.gov.ng (the official website of Bureau of Public Service Reforms), President Muhammadu Buhari’s annual take-home pay, including allowances, is N14,058,820:00 (N14.0m).
The president gets N1,171,568:20 (N1.17m) per month.
Vice President of the Federal Republic of Nigeria
According to the document, the vice president, Yemi Osinbajo gets 12,126,290:00 (N12.1m) per annum while is monthly pay stands at 1,010,524:16 (N1.01m).
Nigerian state governors get N7,782,967:50 (N7.78m) per annum while their monthly pay is N648,580:62.
For the deputy governors, their annual take-home pay is N7,392,752:50 (N7.39m) while their monthly pay is N616,062:69.
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