Buhari, Osinbajo to take 50% of salary

President Muhammadu Buhari has said he will only receive 50 per cent of the salary paid to his predecessor.

This information is contained in a statement issued in Abuja on Friday by the President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu.

Shehu revealed that the President’s decision had already been communicated to the Office of the Secretary to the Government of the Federation on Thursday.

According to him, Vice-President Yemi Osinbajo has similarly given up half of his official remuneration.

The statement reads; “President Muhammadu Buhari will only receive 50 per cent of the salary paid to his predecessor.

“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 yesterday (Thursday) 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,” 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