Monthly Salary Structure of Governors by State in Nigeria.
Salary Structure of Governors by State… The salary of Governors in Nigeria has reduced compared to that of the past governors. This is because of the new policy taken by the Presidency to manage the country’s funds.
This article is going to shed light on the salary of Governors in Nigeria.
Presently, a state governor in Nigeria earns N11, 540,896 yearly; the basic salary is N2, 223,705 and the yearly allowance is N222, 370.50. The Governor is allowed a 400% loan from his yearly salary for vehicles and maintenance and this will amount to N8, 894,820 as stated in the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) which became effective since 1st July, 2009.
However, it is seen that these Governors drive around with convoys and these cars include SUVs and others which are very expensive. Therefore it is clear that the Governors are spending more than the amount approved for vehicles, which is N8, 894,820 and in fact, the stipulated amount is not enough to buy the cars.
The Governor is also entitled to estacode allowances; this is given when they go on foreign trips. He can take any amount he wants from the state coffer as stated in the RMAFC package.
The respective states bear the medical expenses of the Governors and he is given a severance gratuity of N6, 671,115 at the end of his tenure.
This is all about the salary of Governors in Nigeria.
Join Over 500,000+ Readers Online Now!
Copyright Warning: Contents on this website may not be republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. All contents are protected by DMCA.
The content on this site is posted with good intentions. If you own this content & believe your copyright was violated or infringed, make sure you contact us at [email protected] to file a complaint & actions will be taken immediately.
Don’t Attend to Any Call from this WEBSITES Pertaining to any Job or Scholarship Offer Requiring Money.