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RMAFC May Cut Salaries Of President, Govs, CJN, NASS Members, OthersPublished


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RMAFC May Cut Salaries Of President, Govs, CJN, NASS Members, Others

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Zenith Account Opening

There were indications at the weekend that the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) may cut the salaries and wages of politicians and judicial officers, including those of the president, the vice president, governors of the 36 states of the federation, National Assembly members and other political office holders.

Chairman of the commission, Mr Elias Mbam, who spoke to journalists in Abuja at the weekend refused to disclose whether the review of the salaries and wages of political officeholders and judicial officers was going to be downward or upward.

He stated however that the salary review was in line with current economic realities and President Muhammadu Buhari’s directive to the RMAFC team to “do everything to increase the size of the cake, block leakages and reduce the cost of governance”.

He also revealed that the commission has commenced verification of the books of Deposit Money Banks (DMBs) collecting revenues, including Stamp Duty on behalf of all the government revenue generating agencies from January 2016 to December 2019.