Pres. Buhari set to slash own salary, allowances

Report gathered that President Muhammadu Buhari will love to run a very lean government and that ideal will begin with taking a pay cut as he oversees the affairs of Africa’s most populous country and largest economy.

The Revenue Mobilisation Allocation and Fiscal Commission has detailed that President Buhari will earn a monthly salary of N3, 514, 705. He is also entitled to a regular hardship allowance and 50 per cent of the basic salary, which is N1,757,350.50.

For a man who ran an electioneering campaign premised on being an austere ascetic, the daily writes that the President is mulling over how to make the rest of his team toe a similar line before going public with the decision to slash his pay.

It was gathered in Abuja on Friday that 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.

Other parts of the story read thus:

It was reliably learnt that the President would also reduce State House budget.

Other areas being considered by the President included appointment of aides and the possibility of implementing the report of the Stephen Oronsaye-led Presidential Committee on the Rationalisation and Restructuring of Federal Government Parastatals, Commissions and Agencies.

Buhari, had on Tuesday sought the approval of the National Assembly to appoint 15 special advisers, unlike former President Goodluck Jonathan, who had 23 special advisers and scores of special assistants.

It was gathered that the President, who in his inaugural speech, said the Nigerian economy was in deep trouble, might not increase the number of special advisers from 15 as part of the measures to cut down cost of governance.

It was also learnt that the President might look into the report of the Oronsaye committee and the White Paper on it.

The committee had said that out of the existing 541 MDAs in the country, only 163 deserved to exist.

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