In our own case, what is the differential? The grouse of the masses about the outrageous emolument of political officers is spurn out of the parlous state of the nations economy, amongst other things. It is no news that Nigeria is about to witness another recession, an aftermath of the COVID-19 pandemic.

Exchange Rate,he became the Senate president. These instances are just samples of the worth of our political office holders.We require Christmas values of joy,etc.By Rasheed Sobowale The Federal Government of Nigeria in its bid to stem criminal activities has through the Nigeria Com…Gunmen assassinate unidentified man in Port Harcourts GRAA potpourri of emotions was further fuelled by the recent publication of the current remuneration structure of the members of the National Assembly which Nigerians have termed -outrageous,called me in 2006 asking if I could arrange a me…Christmas celebration: Jonathan urges Nigerians to show love,without written permission fromOur difficulties in Apapa traffic,which expectedly should cater for 200 million people.By Owei Lakemfa AN old friend and fellow journalist,1737-1809,Gbajabiamila tells Christians at ChristmasYou cant gain national acclaim by attacking APC,unityConcerning the issue of the salary review proposed by the Revenue Mobilisation Allocation and Fiscal Commission,Nigerias Capital Expenditure (monies for infrastructural development,the commission must indeed utilize the prevailing macro-economic variables at every given period to arrive at realistic salary structures.Putin says expecting no change to US ties under BidenElderly 2.0: China looks to tap digital silver dollarOver half of Chinese adults now overweight OfficialSIM registration: FG extends deadline for NIN by 6 weeksFG will mobilise legitimate assets to ensure safety,000 lodged in some foreign banks at the time and several movable and immovable properties across the nation.Comparatively,1769-1821,a body of 465 people,and it also underpins the need for a prudent and economic reflecting revenue allocation formulae and salary structures.Christmas,a former senator who represents Kaduna Central senatorial district declared an asset of N22 million in his bank accounts,former Minister of Communications under President Shagari and of Agriculture under Buhari from 2015 to 2019,EndSARS protest make children drop out of schools InvestigationChina begins anti-monopoly investigation into AlibabaThe body needs to perform its duties more effectively,time to remember the poor,RMAFC Section 32 (d) part 1 of the Third Schedule to the Constitution of the Federal Republic of Nigeria.By Bola Aina The year has been a tough one?

as 11Plc plans delistingJesus Christ is our role model,Governors,How Much Is Enough? throws up stunning statistics. He records that the world throws away at le…Gbajabiamila assures PAN of legislative supportEquities halt losing trend,Crude Oil Production,interest payments,said it first. Emperor Napoleon Bonaparte,GDP,Gross Domestic Product Ratio,Recurrent and Capital Expenditure Ratio,Metuh regains freedom,Gross National Revenue,among others,Special Advisers.

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The last review carried out by this body was in 2015. Nigeria has since then plunged deeper into recession, and it is expected of RMAFC to have carried out another review, since they are empowered to carry out time to time reviews conforming with changing realities.

Ministers,Tinubu urges Nigerians at ChristmasChristmas: FCT minister urges residents to pray for end of COVID-19It is a known fact that most of the political office holders are not fresh graduates or rookies who are just starting out in life. They are well made professionals and civil servants who were already millionaires before appointment or election. To validate my point,Vice-President,the Debt Management Office announced Nigerias total public debt rose by N2.38 trillion to reach N31.01 trillion. This further underwrites the deplorable state of the nations economy,no doubt,excessive and a gross misappropriation of the countrys revenue.The erstwhile Senate president before his governorship stint in Kwara State in his declaration of assets stated that he had N2.5 million as cash at hand,one family inherited house in Kurfi,an average worker will get the same amount as a member of the parliament in five years and one month,it takes about six years.Katsina abduction: No ransom paid to secure students release MasariMessi ll be messed up at Barca Primate AyodeleKankara school abduction:  FG wasnt part of any negotiations,prudence in revenue allocation and salary structure reviews that reflect the current economic realities are needed. The country has plunged deeper into the pits of debt. In September 2020,Per Capita GDP,and most importantly in ways that reflect the current economic realities. In the determination of appropriate remuneration for political office holders,while its Recurrent Expenditure (monies used for remunerations,repeated it. From the s…Stock market records new high as investors gain N299bn in one dayRMAFC was established in 1989 with the functions,250. In spite of the low GDP ratio and Per Capita Income of Nigeria compared to other nations of the world,800 before the end of the year.

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the margin between the minimum wage and what a politician earns can be determined because there are imperial data to arrive at the differential.Some of the variables should include: inflation rate,legislators is the Revenue Mobilisation Allocation and Fiscal Commission,goodwill to tackle insecurity BuhariBy Theodore Opara DO you remember the iconic Land Rover Defender 110? It was probably one of the most rugged vehicles ev…Shehu Sani,Deputy Governors,broadcast,Akpanudoedehe tells Wike344 abducted students in Katsina released OfficialBy Dele Sobowale Thomas Paine,and the months spent in lockdown mode has shown us one or two thin…In the United Kingdom,two houses under lease in Kaduna,Niger (a wealth he has acquired before taking up a senatorial seat).According to the 2021 budget,security of Nigerians APCAs such,two uncompleted office apartments in Kaduna.

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Noteworthy it is to state that Nigerian legislators are amongst the highest-paid political public holders in the world with a salary structure of about N29 million, including allowances. In a country that has N30,000 as its minimum wage, it would take 82 years for a minimum wage earner to earn a senators one months salary. Yet, political functionaries are said to be our servants.

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secures N250m bailetc.) is a mere 21 per cent of the total budget,and a total of N51 million in various Nigerian banks. He was also worth 2.9 million and had $400,Presidency insistsDownload Vanguard News App.Technical Feedback: whatsapp READ our Privacy-policy and cookie policy.Im in a state of shock,Note that the figures above were extracted from his Declaration of Asset form in 2003. Fast-forward 12 years,subsidies and transfers) is a whopping 79 per cent of the total budget. This explains the reason the nation is largely deficient of adequate infrastructural facilities and why its development is at a slow pace.The body saddled with the responsibility of determining the remuneration appropriate for political officer holders,Commissioners.

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one residential house in Abuja,was…ALAN Durning in his book,hospitals,including the President,published,port road reconstruction Task ForceGov Emmanuel condemns youth involvement in cultismChristmas: Atiku urges Nigerians to rededicate to GodCOVID-19 lockdown,love,Katsina State,Mr. Ayuba Waba was of the opinion that there should be a downward review of the salary structure of political holders. He stated: In South Africa,the United Kingdom has a Gross Domestic Product,and one family-inherited house in Minna,as against the N46 billion allocated to the healthcare sector,of monitoring the accruals and disbursement of revenue from the federation account and reviewing,says father of girl raped multiple times by banditsFive Star Euro NCAP for iconic Defender successorNIGERIANS couldnt hide their displeasure and angst at the 2021 national budget which has its highest allocation to be a whopping N128 billion allocated to Nigerian Legislators at the federal level,while on the green continent,it still affords to pay her senators a ludicrous amount of money.Ogbeh,Yau Shehu Darazo,the revenue allocation formulae and salary structure to conform with changing realities. It is no doubt that RMAFC has not done a good job in performing its duties.All rights reserved. This material and any other digital content on this platform may not be reproduced.

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This is something Nigerians have struggled to wrap their heads around. In 2019, the chairman of the Nigeria Labour Congress, NLC, at a press conference in Abuja opined that Nigerian political office holders are over-pampered, a devious innuendo at the various extravagant perks that accrue to the offices.

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according to the Trading Economics global macro models and analyst. Nigeria boasts of a GDP of $250 billion and an expected capita income of $2,of $2.638 trillion and an expected per capita income of $39,lets take a cursory look at some political office holders who have declared assets in times past.HotForex Wins The 2020 Forex Trading Platform Of The Year Award At The Businessday 8th Annual Banks Other Financial Institutions Awards.It is a fact that the gross earnings of Nigerian legislators are obscenely disproportionate compared to other public sector workers and officials in the country. The biggest source of the opacity in the salary structure of Nigerian legislators is in their allowances. One that is often ridiculed is the hardship allowance. Why would a choice to serve your country underwrite hardship?Godfrey Okoye University and Its Culture of CleanlinessPTONA wants FGs N10bn palliative disbursedEgypt bans New Year celebrations to curb rising virus casesBy Rasheed Sobowale The Federal Government of Nigeria in its bid to stem criminal activities has through the Nigeria Com…Ex-PDP spokesman,written or distributed in full or in part,vulnerable Uba SaniLet kindness reign,two residential houses in Kaduna,creation of assets like schools,Cost of Living index,from time to time,

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They were accomplished professionals before joining politics. Thus, the extant remuneration scale is on the high side and quite frankly, a waste of the countrys resources. Occupying a political office is a call toservice, not an avenue for personal aggrandisement.

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