Home Economy RMAFC begins review of remuneration packages for Tinubu, Shettima, other public office holders

RMAFC begins review of remuneration packages for Tinubu, Shettima, other public office holders

by Business News Report

The Revenue Mobilisation Allocation and Fiscal Commission has commenced a review of remuneration packages for political, public and judicial office holders across the country. The exercise will witness the upward review of the remuneration packages of President Bola Tiinubu, Vice President Kashim Shettima and other political and public office holders.  This is contained in a statement issued in Abuja on Thursday, by the Head, Information and Public Relations Unit of the RMAFC, Maryam Yusuf.  Chairman of the Remuneration and Monetisation Committee, RMAFC, Mohammed Usman, disclosed this at a retreat, organised by the commission, in Kano. Mr Usman said that the importance of the assignment was for the growth of Nigeria’s governance structure. According to him, the review is aimed at harmonising reports to review the remuneration packages for political, public and judicial office holders across the country.
He said, “The effort is also a significant move towards the implementation of one of the commission’s core mandates.’’
The committee chairman said that the 1999 constitution as amended empowered the commission to determine appropriate remuneration for political, public and judicial office holders at all levels. He said that the commission had earlier taken some steps toward the review of the remuneration package to reflect prevailing economic realities. He added, “The RMAFC carefully considered a wide range of perspectives, including memoranda from stakeholders, public hearings and ministerial submissions, while also drawing from economic indicators and remuneration practices in other countries.” He said that the review process was not only about figures but also about sustainability and affordability. He said that the commission equally analysed the capacity of the government to implement the review package, ensuring that recommendations remain fair, realistic and sustainable.
Mr Usman said that the committee was directed to harmonise the earlier report and subsequent addendum into a single document, to provide a clear and comprehensive framework for implementation. He appealed to members to bring their diverse experience and knowledge to bear, adding that the retreat would produce outcomes that were balanced and beneficial to all. He said, “I implore everyone to contribute towards achieving the purpose of our gathering, given our varied knowledge and wealth of experience. The retreat is expected to set a sustainable framework for political, public and judicial office holders’ remuneration in line with the mandate of the commission.’’

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