Approved Nigerian Governors’ Salary & Allowances (2024)
Nigeria is a federal republic with a complex political system that includes 36 states, each with its own elected governor. As public officials, Nigerian governors are entitled to certain salaries and allowances, which are determined by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). Recently, the RMAFC approved new salary and allowances for Nigerian governors, sparking debates on the appropriateness of these benefits and their impact on the country’s economy. In this article, we will take a closer look at the approved Nigerian governors’ salary and allowances.
SALARY STRUCTURE OF NIGERIAN GOVERNORS (2024)
The salary structure of Nigerian governors varies depending on several factors, including the state in which they serve, the size of the state, and other factors such as allowances and benefits. However, the approved salary structure for Nigerian governors is as follows:
– Basic salary: The basic salary of Nigerian governors is set at ₦185, 308.75 per month.
– Allowances: In addition to their basic salary, Nigerian governors are entitled to several allowances, including a hardship allowance, which is 50% of their basic salary, a consistency allowance, which is 250% of their basic salary, and a responsibility allowance, which is 200% of their basic salary. Other allowances include an entertainment allowance, a personal assistant allowance, a domestic staff allowance, and a security allowance.
– Other benefits: Nigerian governors also enjoy several benefits, such as the provision of official cars and drivers, free accommodation, and medical allowances.
It is worth noting that the salary structure and allowances of Nigerian governors have been a subject of much debate and controversy, with some arguing that they are excessive and unsustainable, while others believe they are necessary to attract and retain talented individuals in government.
APPROVED ALLOWANCES OF NIGERIAN GOVERNORS (2024)
Nigerian governors are entitled to several allowances, in addition to their basic salary. These allowances are designed to provide for their welfare and other needs while in office. Some of the allowances of Nigerian governors include:
- Hardship allowance: This allowance is designed to cater to the difficulties that may be encountered while in office. It is set at 50% of the governor’s basic salary.
- Consistency allowance: This allowance is paid to governors who have served two consecutive terms in office. It is set at 250% of the governor’s basic salary.
- Responsibility allowance: This allowance is paid to governors who have additional responsibilities, such as serving as chairman of the Nigerian Governors’ Forum. It is set at 200% of the governor’s basic salary.
- Entertainment allowance: This allowance is paid to governors to cater to their entertainment needs. It is set at 30% of the governor’s basic salary.
- Personal assistant allowance: This allowance is paid to governors to cater to the needs of their personal assistants. It is set at 25% of the governor’s basic salary.
- Domestic staff allowance: This allowance is paid to governors to cater to the needs of their domestic staff. It is set at 75% of the governor’s basic salary.
- Security allowance: This allowance is paid to governors to cater to their security needs. It is set at 30% of the governor’s basic salary.
It is worth noting that the allowances of Nigerian governors have been a subject of much debate and controversy, with some arguing that they are excessive and unsustainable, while others believe they are necessary to attract and retain talented individuals in government.
FREQUENTLY ASKED QUESTIONS ON THE SALARY AND ALLOWANCES OF NIGERIAN GOVERNORS
The following are answers to some recurring questions about the salary and allowances of Nigerian Governors.
Q: HOW MUCH DO NIGERIAN GOVERNORS EARN?
A: The salary of Nigerian Governors varies depending on the state they govern. However, the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has set the basic salary of a state Governor at ₦185,308.75 per month.
Q: DO NIGERIAN GOVERNORS RECEIVE ANY ALLOWANCES?
A: Yes, Nigerian Governors receive several allowances in addition to their basic salary. These include security allowances, travel allowances, furniture allowances, and other benefits.
Q: HOW MUCH DO NIGERIAN GOVERNORS RECEIVE AS SECURITY VOTES?
A: The amount of security votes allocated to Nigerian Governors varies depending on the state they govern. However, it is estimated that some Governors receive as much as ₦1 billion annually as security votes.
Q: WHAT IS THE TOTAL AMOUNT THAT NIGERIAN GOVERNORS EARN ANNUALLY?
A: The total amount that Nigerian Governors earn annually varies depending on the state they govern and the allowances they receive. However, on average, a Nigerian Governor earns around ₦2.2 million per month, which translates to approximately ₦26.4 million per year.
Q: IS THE SALARY OF NIGERIAN GOVERNORS SUSTAINABLE?
A: The sustainability of the salary of Nigerian Governors has been a subject of debate in the country. Some argue that the high salaries and allowances of Governors are unsustainable and a drain on state resources, while others argue that the salaries are necessary to attract and retain qualified individuals to the position.
Q: WHO IS THE RICHEST GOVERNOR IN NIGERIA?
A: It is difficult to determine the richest governor in Nigeria. This is because there are conflicting reports and it is not always clear how much wealth a governor may have accumulated. However, some of the governors who are believed to be among the richest in Nigeria include Ademola Adeleke of Osun state, Babajide Sanwo-Olu of Lagos State, and Sim Fubara of Rivers State, among others.
CONCLUSION
The approved salary and allowances for Nigerian governors have been a topic of much debate and discussion in recent times. While some argue that the salaries and allowances are too high and unsustainable, others argue that they are necessary to attract and retain talented individuals in government. Regardless of one’s stance on the issue, it is clear that the approved salaries and allowances for Nigerian governors are significant and place them among the highest-paid public officials in the country. It is important for policymakers to continue to consider the impact of these salaries on government finances and to ensure that they are justified and sustainable in the long run.
That’s the size of this article! We hope it was informative.
