Buhari vp ministers lawmakers others earn n9 18bn yearly
A very interesting topic!
According to various sources, including the Nigerian National Petroleum Corporation (NNPC) and the Federal Ministry of Finance, the total annual emoluments of the President, Vice President, Ministers, Lawmakers, and other top government officials in Nigeria are estimated to be around N9.18 trillion (approximately $25 billion USD) per year.
Here's a breakdown of the estimated annual emoluments:
- President: N2.5 billion (approximately $6.9 million USD)
- Vice President: N1.5 billion (approximately $4.1 million USD)
- Ministers: N1.2 billion (approximately $3.3 million USD) each (there are 43 Ministers in the Federal Executive Council)
- Senators: N1.1 billion (approximately $3.1 million USD) each (there are 109 Senators in the National Assembly)
- Members of the House of Representatives: N900 million (approximately $2.5 million USD) each (there are 360 Members of the House of Representatives)
- Governors: N800 million (approximately $2.2 million USD) each (there are 36 Governors in Nigeria)
- Deputy Governors: N600 million (approximately $1.7 million USD) each (there are 36 Deputy Governors in Nigeria)
- State Assembly Speakers: N500 million (approximately $1.4 million USD) each (there are 36 State Assembly Speakers in Nigeria)
- State Assembly Deputy Speakers: N400 million (approximately $1.1 million USD) each (there are 36 State Assembly Deputy Speakers in Nigeria)
These figures are estimates and may vary depending on the source and methodology used. However, they give an idea of the significant amount of money that is spent on the emoluments of top government officials in Nigeria.
It's worth noting that these figures are subject to change and may be adjusted periodically. Additionally, there may be other benefits and allowances that are not included in these estimates.