Categories: EconomyNews

Salaries Of Public Office Holders To Be Reviewed

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has begun a review of the remuneration of political and judicial office holders.

Mr. Elias Mbam, chairman of the commission disclosed this on Saturday at Amagu community in Ikwo LGA of Ebonyi State, during the seventh ‘Ofala’ festival and 30th anniversary of the coronation of Ezeogo Aloh, Erima-Ogwudu III of Amagu kingdom.

According to the chairman, by the end of the year, something concrete would be arrived at. He added that a public hearing will soon be held for Nigerians to contribute to the process.

What is not clear however is if the review will reflect an increase or decrease.

Mbam said, “One of the major responsibilities of our commission is to determine remunerations appropriate for political and judicial office holders”.

“In doing that, the financial situation of the country, at any given time, is taken into consideration, including inflation and the country’s Gross Domestic Product (GDP), among others.

“The commission, being conscious that a lot has happened since the last review, has commenced the process of another review to reflect the changing realities.

“We have progressed and we believe that before the end of 2021 something concrete will happen. It is a process and the process at the end determines what it will be. When we go through the process, if it comes out to be increase, we increase; if it is decrease, we do it.”

Recent Posts

Late Olubadan, Oba Lekan Balogun: Biography, Cause Of Death, Real Age, Family, Education, Net Worth & More

Indigenes and residents of Ibadan and thousands of Yoruba in home and abroad have begun…

2 hours ago

Damaged Submarine Cables In West Africa Distrupts Nigerian Banking Service

The recent service disruptions experienced by Banks in Nigeria have been traced to damaged submarine…

2 hours ago

Late Olubadan To Be Buried Today By 4pm

The late Olubadan of Ibadanland, Oba Lekan Balogun, Alli Okunmade II, will be interred according…

2 hours ago

Lawyer Dragged To Court Over Refusal To Pay Prostitute

The police on Wednesday took a 26-year-old lawyer named Ekunife Emmanuel from Jahi, Abuja, to…

2 hours ago

Man Who Introduced Neighbour’s 13-Year-Old Daugther To Porn Bags Life Sentence

A man, Nurudeen Nasiru, has been convicted and sentenced to life imprisonment for introducing his…

2 hours ago

Woman Stabbed To Death While Mediating Between Fighters

A 45-year-old man, Tajudeen Olaleye, has been ordered to be remanded at the correctional centre…

3 hours ago

This website uses cookies.