Nigerian President and Vice slash own salaries by 50%

President Muhammadu Buhari and Vice President
Yemi Osinbajo have announced their decision to
take only 50 per cent of the salaries approved for
them by the Revenue Mobilisation Allocation and
Fiscal Commission.
Their decision was contained in a statement
made available to journalists on Friday by the
Senior Special Assistant to the President on
Media and Publicity, Mallam Garba Shehu.
The President’s current annual remuneration as
approved by RMAFC is put at N14,058,820.00.
With this development, Buhari will be earning
N7m per year throughout his four-year tenure.
Shehu said the President’s decision to cut his
salary by half had been conveyed to the Office of
the Secretary to the Government of the
Federation on Friday by the Permanent Secretary
of the State House, Mr. Nebolisa Emodi.
“I write to forward the completed IPPIS
registration form of Mr. President and to draw
your kind attention to Mr. President’s directive
that only 50 per cent of his salary be paid to
him,” the presidential spokesman quoted Emodi
as writing in the letter with reference number
PRES/81/SGF/17.