JUST IN: RMAFC Takes ‘Action’ On Salary Raise For Political Office Holders

JUST IN: RMAFC Takes ‘Action’ On Salary Raise For Political Office Holders

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has decided to defer the proposed review of salary and emoluments for political office holders.

This decision comes as the federal government agency responsible for determining the salaries of executive, legislative, and judicial officers believes that a postponement is warranted until the nation’s financial situation experiences an improvement.

It has been emphasized by the RMAFC that the widely held notion of exorbitant earnings for political office holders is unfounded. This was substantiated by citing specific examples, such as the monthly salaries of the President (below N1.5 million) and ministers (less than N1 million).

Notably, the last review of salaries and emoluments for public office holders took place in 2007. The Chairman of the commission, Mohammed Shehu, conveyed this decision during an interview with the News Agency of Nigeria in Abuja.

Read Also Moment Cristiano Ronaldo’s Free Kick For Al Nassr Hit The Cameraman Taking Him Out Of Position (VIDEO)

In addition to this, Shehu disclosed that the RMAFC has recently developed software aimed at bolstering transparency in revenue generation and equitable distribution among the three tiers of government.

Back in June, the commission initially announced a substantial 114 percent increase in the salaries of politicians, judicial officers, and various other public office holders.

However, due to significant public outcry, the Presidency clarified that the proposed review had not yet received formal approval.

The RMAFC is entrusted with a range of responsibilities, including the mobilization and allocation of revenue to the three tiers of government in Nigeria.

Furthermore, it monitors the financial activities of these tiers of government to ensure that they adhere to the stipulated legal framework.

During the interview in Abuja,  Shehu said:    “From 2008 till date there had not been any single review,” he said. “We are Nigerians, we are not going to start talking about reviewing salaries of political office holders now because of the challenges that the government is facing.

“As a commission, we are going to do our work but we are not going to say we will do it now.

“We will do it when the climate is right and then we will take it forward to the stakeholders for them to decide on what to do.

“I need to disabuse the minds of Nigerians. It is not true that people are getting jumbo salaries.

“The monthly salary of Mr. President is less than N1.5 million; that of a minister is not even up to one million naira.

“I know of an average CBN (Central Bank of Nigeria) worker who is not even a director, who earns more than a minister.

“People in NNPCL (Nigerian National Petroleum Company Limited), NCC (Nigerian Communications Commission), and ports authority earn huge salaries. What is the salary of a governor? What is the salary of a legislator?

“I know some people will say members of the National Assembly get up to N10 million or N11 million monthly.

“Those are not salaries, they are like operating costs of running their offices which in other societies the legislator does not have to see because there is a structure.

“Once you get elected, you make that structure from your constituency office to computers to logistics to the size of your constituency.”

“The  Nigerian system allows the legislator to be given a certain amount and then he deals with that and retires the receipts.”

The  RMAFC boss urged Nigerians to pay their taxes to boost government revenue and improve service delivery.

Shehu said that less than 40 million Nigerians captured in the tax net, currently pay taxes.

“That is too low for a country that has more than 200 million people,” he said.

He welcomed  the  Tax Reform Committee recently set up by President Bola Tinubu, saying

it would capture more economic players from the informal sector into the tax net.

Shehu added: “There is all this debate about the informal economy. What this tax reform committee that we have set up will do is bring a lot of agencies together, including RMAFC. We are a member of that committee.

“We have articulated our position and we will communicate what we believe can add value to the discussion.

“At the end of it all, we will have a better society where more people are paying taxes and the money will be utilised for better services and infrastructure so that every Nigerian can benefit, ‘“

“There are some taxes that the government is not getting from Nigerians.”

The chairman revealed that RMAFC has developed software to enhance transparency in revenue generation and sharing amongst the three tiers of government.

According to him, the software will help the commission perform one of its major functions of reviewing the revenue allocation formula for the entire federation from time to time.

“There is something called the vertical revenue allocation formula; who gets what percentage – Federal, State or Local Government (LG).

“There is also the horizontal formula; how do you share that percentage among states and LGs?

“That means you have to consider factors like population, school enrollment, land mass, hospital beds; these are some of the indices.

“Previously what we did was to request for the required information manually, and then the commission will go and do the inspection manually,”  Shehu added.