There are signs that President Muhammadu Buhari may
have concluded plans to cut his own salary and reduce
his personal allowances in fulfilment of his promise to
reduce cost of governance.
It was gathered that the president expects his vice and all
other political appointees to do like wise.
According to Punch, the president would have made his
decision public but chose to consult with his close
associates on how best to approach the issue without
being seen as dictatorial.
The Revenue Mobilisation Allocation and Fiscal
Commission informs that President Buhari will earn a
monthly salary of N3, 514, 705, his allowance
N1,757,350.50( 50% of his salary).
There is no information yet as to what percentage of the
president’s salary will be reduced. But sources say that
the president will reduce the State House budget.
The president also plans to slash the appointment of
aides and possibly implement the report of the Stephen
Oronsaye-led Presidential Committee on the
Rationalisation and Restructuring of Federal Government
Parastatals, Commissions and Agencies.
President Buhari who in his inaugural speech, said that
Nigeria’s economy was in deep trouble, might not
increase the number of special advisers from 15 as part
of the measures he his taking to cut down the cost of
A top chieftain of the All Progressive Congress (APC),
said that the president had concluded plans to submit
some bills to the National Assembly for the
implementation of some cost-saving measures.
Mr. Rotimi Fashakin, a polical associate of the president
told Punch that an area likely to be affected is the
Presidential Air fleet which is said to have about 10 air
crafts. He said the cost of maintaining these air crafts
may get the president’s attention.
Adding that President Buhari who has experienced
governance is not one to do things without consultation.
It will be recalled that former President Goodluck
Jonathan’s administration made a provision of N348,
342,741 as honorarium and sitting allowance for the State
House in the 2015 budget.
The provision made for travel and transport showed that
the president will be spending N1, 306,834,350 on local
travels and transport and N621, 067,913 on international
travel and transport.
In 2014 the travel bill of the president was higher than the
provision made. The budget made a provision of N2,
378,862,017 for the office of the president for local and
For food supplies, a provision of N142, 472,537 was
made for the office of the president.
The State House received a lesser provision of N122,
855,267 for fuel and lubricants.
The 2015 budget proposal included a provision of N131,
911,315 for fuel and lubricants for the State House. The
breakdown showed that plant/generator fuel will
consume N35, 344,855; motor vehicle fuel will consume
N85, 843,802 while cooking gas/fuel will consume N10,
In 2014 the provision of N60, 847,647 was made for the
office of the president for advertisement and publicity.
For the State House, N287,514,283 provision was made
for welfare packages; N174,537,975 for refreshment and
meals; N215, 635,715 for food stuff and catering
services; N31,582,475 for medical expenses; and
N35,495,233 for publicity and advertisement. These
provisions are likely to be reduced.
Kaduna State Governor, Malam Nasir El-Rufai, a close
associate of the president in his inaugural speech,
announced a fifty per cent cut in his salary and that of his
deputy till when the economy of the state was better.