The Revenue Mobilization Allocation and Fiscal Commission has announced on their website the amount President Muhammudu Buhari and vice-president,
Other regular allowances that will be provided by government and not paid for includes; motor vehicle fueling and maintenance, special assistant, personal assistant, domestic staff, entertainment, utilities, security, Newspapers and periodicals, accommodation, furniture, and duty tour allowance (per night) as well as medical allowances, which are also to be provided as requested.
The president and his vice are not paid furniture allowance as they are already provided for, while allowances on travels will be on demand
President Buhari will take home N1, 171,568.33 each month and N14, 058, 820.00 yearly if all the allowances are added up, while Osinbajo will receive N1, 010, 524. 17 monthly and N12, 126,290.00 annually.
Also, Buhari’s severance gratuity is valued at N10, 544, 115, which is 300 per cent of basic. The retired general is reported to be entitled to a leave allowance of N351, 470. 50, (10 per cent of basic salary) and an optional motor vehicle loan of N14, 058, 820, at 400 per cent to be repaid before the expiration of the president’s tenure.
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