Buhari, Osinbajo Take 50% Salary Cut

It has been announced that President Muhammadu Buhari and his vice, Yemi Osinbajo, will only receive 50 per cent of the official salary they are entitled to.

The President’s decision to take a 50 per cent pay cut was conveyed to the office of the Secretary to the Government of the Federation (SGF), yesterday 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% of his salary be paid to him.” Emodi wrote in the letter with reference number PRES/81/SGF/17.

The current annual remuneration of the President of Nigeria as published by the Revenue Mobilisation Allocation and Fiscal Commission is N14,058,820.00.