TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

End politicians’ jumbo pay now – Punch

The Citizen by The Citizen
June 24 2015
in Public Affairs, Uncategorized
A A
0

With the Nigerian economy currently brought to its knees by a toxic combination of rampant corruption, gross mismanagement and rapidly plummeting revenues from crude oil sales, there is no better time than now to take a second look at the outrageous salaries and allowances of the country’s political office holders. It is just as well that the Revenue Mobilisation Allocation and Fiscal Commission has set in motion a process for a review of the remunerations of this class of Nigerians. Through lawful process, civil society groups and other stakeholders should be prepared to resolve the anomaly once and for all as the beneficiaries of the outrageous largesse will defiantly constitute a stumbling block to democratic changes.

Since the return to democratic rule more than 16 years ago, Nigeria’s political office holders have taken full advantage of frailties in the system to massively enrich themselves. Not only do they come appallingly short in the provision of the required leadership and governance, they have also acquired the notoriety for being among the highest remunerated of their kind in the world. Two years ago, the London-based The Economist magazine blew the lid off the secrecy in which the emoluments of Nigerian federal lawmakers are shrouded, saying that each of them earned $189,000 (an equivalent of N30 million then) annual basic salary. This placed Nigerian lawmakers second only to their Australian counterparts and ahead of their opposite numbers in the United States of America, Britain, France, Italy, Japan, Canada and Germany, among others.

To start with, each of the newly inaugurated senators will reportedly receive N506,600 per annum as wardrobe allowance. That is just the tip of the (benefits) iceberg that comes with being a senator. Other sumptuous benefits, with at least 19 of them identified by this newspaper on Tuesday, await our 109 senators and 360 representatives. This is not only provocative; it is mindless folly. Yet, our over-indulged politicians across party lines prefer to defend this financial recklessness by being economical with the truth. One notorious defender of this national shame is David Mark, the immediate past president of the Senate, who has always insisted that what National Assembly members earn is open. But the grim truth, as we said, is that “the budget of the National Assembly is never broken into components and efforts to get it to break down the budget have not yielded the required result even after the invocation of the Freedom of Information Act.”

Although RMAFC, the body constitutionally empowered to fix the salaries and allowances of public office holders, has always described the amount prescribed as reasonable, what actually goes to each political office holder has remained a guarded secret. Yet, unofficial information available to the public indicates that by tapping into a mountain of juicy perks, they earn far much more than the commission’s recommendations. In this regard, the allowances that Nigerian legislators approve for themselves actually put them in a class far ahead of their colleagues in other parts of the world. For instance, it was once acknowledged that a former Speaker of the House of Representatives, Dimeji Bankole, received a quarterly allowance of N100 million, amounting to a whopping sum of N400 million a year, while the Deputy Speaker and House Leader were entitled to N80 million and N60 million respectively per quarter.

Also weighing in on the same issue, Itse Sagay, a professor of law, claimed that the Senate President took home an outrageous sum of N88 million a month. This, to many, may sound unbelievable in a country where the minimum wage is a paltry N18,000 per month. A former Central Bank Governor and now Emir of Kano, Lamido Sanusi, once famously stated that the upkeep of the National Assembly members gulped 25 per cent of the country’s recurrent expenditure. While this did not go down well with the lawmakers, it did not stop a former minister, Oby Ezekwesili, from saying that the country spent N1.1 trillion on the National Assembly members between 2005 and 2013. Nobody has, however, challenged all these claims, except a few lawmakers who lack scruples.

In a country where the poverty rate tops 70 per cent and two-thirds of the 36 states have not been paying salaries, it smacks of utter insensitivity for a group of people to continue to appropriate for themselves such obscene financial benefits. Although the case of the lawmakers is the one always making the headlines, they are by no means the only ones guilty of this betrayal of public trust. Across the board, from the Presidency to the 774 local governments, there has been legitimised looting of the treasury by public office holders. For instance, the practice of keeping security votes, a veritable slush fund, is one of such cases. This fund ranges from hundreds of millions of naira to billions, depending on the buoyancy of the state involved and the conscience of the person in charge. It is an amount for which the beneficiary is not expected to render account; and, in most cases, ends up as money dispensed on patronage and used to hire thugs for the purpose of rigging elections, among other uses. This abuse of public finance must stop.

But this cannot be done by the RMAFC alone. It can no longer be business as usual as the economy is facing an ocean of challenges. This is where President Muhammadu Buhari and the All Progressives Congress, the party that controls the majority in the National Assembly, come in. They should use their influence to ensure that things are done rightly. Also, the Nigerian public must shed their toga of aloofness; the time calls for the involvement of all if there is a genuine desire for change. The civil society groups and the labour movement have to lead the way to force a change. In fixing new renumerations, the RMAFC committee looking into the issue, which is expected to complete its assignment in September, should take into consideration the median annual household income, the national poverty level, the state of the Nigerian economy and the numerous problems crying for attention.

Previous Post

The CBN Cash Reserve Ratio reduction – Thisday

Next Post

Ivory Coast job saga: My enemies at work, says Keshi

Related Posts

Stop recruiting youths for election violence – Punch
Public Affairs

Stop recruiting youths for election violence – Punch

August 12 2026
‘Fake’ Agency: Adeyemi insists DG appointment genuine
Public Affairs

Country of ghost workers, ghost MDAs – Punch

August 11 2026
FG embarks on expansion, decongestion of custodial centres
Public Affairs

Prison reform can’t wait any longer – Punch

August 9 2026
Osun’s toxic election buildup – Punch
Public Affairs

Osun’s toxic election buildup – Punch

August 7 2026
We need strong civil aviation authority – Punch
Public Affairs

We need strong civil aviation authority – Punch

August 6 2026
Nigeria must stop misplaced budgetary allocations – Punch
Public Affairs

Nigeria must stop misplaced budgetary allocations – Punch

August 5 2026
Next Post

Ivory Coast job saga: My enemies at work, says Keshi

Saraki appoints Galaudu, Olaniyonu as aides

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

by The Editor
August 12 2026
0

...

Federal High Court relocates Lagos division to new complex

Federal High Court relocates Lagos division to new complex

by The Editor
August 6 2026
0

...

Kano Assembly suspends three LG chairmen for alleged misconduct

Kano Assembly suspends three LG chairmen for alleged misconduct

by The Editor
August 4 2026
0

...

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

by The Editor
July 29 2026
0

...

APPOINTMENTS

Police IG deploys new CPs to eight states, other formations

Police IG deploys new CPs to eight states, other formations

by The Editor
August 7 2026
0

...

Katsina governor swears in four permanent secretaries

Katsina governor swears in four permanent secretaries

by The Editor
August 6 2026
0

...

Rivers State not for political war, says Fubara

Gov. Fubara swears in 12 perm secs, urges commitment

by The Editor
July 31 2026
0

...

Tinubu appoints new special adviser on House of Reps matters

Tinubu appoints new special adviser on House of Reps matters

by The Editor
July 27 2026
0

...

ODDITIES

Celestial Church begins probe into Temitope Osoba’s death

Celestial Church begins probe into Temitope Osoba’s death

by The Editor
August 13 2026
0

Indimi joins appeal against $43.5m judgement award to daughters

Indimi joins appeal against $43.5m judgement award to daughters

by The Editor
August 6 2026
0

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

GLOBAL NEWS

WHO sounds alarm on ebola outbreak

by The Editor
August 13 2026
0

...

Rescuers scramble for survivors with 180 dead in Colombia earthquake

Rescuers scramble for survivors with 180 dead in Colombia earthquake

by The Editor
August 12 2026
0

...

Trump hides in catering truck to evade alleged Iran threat

Trump hides in catering truck to evade alleged Iran threat

by The Editor
August 11 2026
0

...

EU denies pulling out of Nigeria’s 2027 election observation

EU denies pulling out of Nigeria’s 2027 election observation

by The Editor
August 10 2026
0

...

Queen Elizabeth dies at 96, Charles becomes King

UK radio broke rules in announcing king’s death — Official

by The Editor
August 10 2026
0

...

State of the States

Lagos leads January 2026 FAAC allocations with N55.83bn

Sanwo-Olu inducts 1,000 as Lagos internship beneficiaries hit 8,000

by The Editor
August 13 2026
0

...

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Gov. Adeleke declares Friday work-free day for Osun workers

by The Editor
August 12 2026
0

...

Why Kano govt spent N1.5bn on mass wedding – Gov. Yusuf

Why Kano govt spent N1.5bn on mass wedding – Gov. Yusuf

by The Editor
August 10 2026
0

...

Kebbi governor convenes emergency security meeting

Kebbi governor convenes emergency security meeting

by The Editor
August 6 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Time to clampdown on sexual offenders – The Guardian

Edo records over 70 minors’ defilement cases in seven months

August 13 2026
Nigerian airlines to commence direct flights to UAE

NCAA to sanction airlines preventing workers’ union

August 13 2026
Osimhen ends transfer saga with Galatasaray loan move

Arsenal open Osimhen talks with Galatasaray

August 13 2026
Seyi Makinde picks former DSS DG as APM presidential running mate

Seyi Makinde picks former DSS DG as APM presidential running mate

August 13 2026

EDITORIAL REVIEW

Stop recruiting youths for election violence – Punch

Stop recruiting youths for election violence – Punch

by The Editor
August 12 2026
0

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Country of ghost workers, ghost MDAs – Punch

by The Editor
August 11 2026
0

FG embarks on expansion, decongestion of custodial centres

Prison reform can’t wait any longer – Punch

by The Editor
August 9 2026
0

Osun’s toxic election buildup – Punch

Osun’s toxic election buildup – Punch

by The Editor
August 7 2026
0

We need strong civil aviation authority – Punch

We need strong civil aviation authority – Punch

by The Editor
August 6 2026
0

Opinion

Airtime credit dispute and need for clarity

Airtime credit dispute and need for clarity

by The Editor
August 5 2026
0

...

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu: The Audacity to Hope – Three years after

by The Editor
July 31 2026
0

...

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.