ADVERTISEMENT

Panel to slash politicians' salaries inaugurated

The Remuneration Act of 2008 prescribes the salaries and allowances for political, public and judicial office holders.

Muhammadu Buhari

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has inaugurated the committee saddled with the responsibility of reviewing the Remuneration Act 2008.

Chairman of the organisation, Elias Mbam, set the committee in motion on Wednesday, June  12.

According to a statement made available by the Head of Public Relations of RMAFC, Ibrahim Mohammed, Mbam urged the committee to be conscious of the prevailing economic situation and the need to reduce cost of governance so as to free more funds for development.

He charged the committee to undertake wide consultations with all critical stakeholders including all arms of government of the federation, the national and state assemblies, state and local governments, professional economic bodies, the organised labour, the academia, the media and the Nigerian public in general so as to enrich the process.

ADVERTISEMENT

He reminded the committee members of the need to ensure that the review effectively minimised wastages and abuses and ensured prudent management of resources as well.

The committee is expected to holistically review the existing Remuneration Act; identify areas of wastages and abuse, examine the implementation of the monetisation policy by Ministries, Departments and Agencies and advise on appropriate remuneration for political, public and judicial officers commensurate with the work they do.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

TAJBank receives IFN award for best Islamic bank in Nigeria 2023

TAJBank receives IFN award for best Islamic bank in Nigeria 2023

Nigerians should expect 3 days of thunderstorms and sunshine nationwide

Nigerians should expect 3 days of thunderstorms and sunshine nationwide

2027 presidency: Atiku declares never to retire from politics

2027 presidency: Atiku declares never to retire from politics

Kaduna Police kill 2 bandits, recover AK-47 rifles in Kuriga village

Kaduna Police kill 2 bandits, recover AK-47 rifles in Kuriga village

Ododo vows to bring Ogbe killers to justice, make Kogi safest state in Nigeria

Ododo vows to bring Ogbe killers to justice, make Kogi safest state in Nigeria

Who is Ebrahim Raisi? 10 facts you need to know about late Iranian leader

Who is Ebrahim Raisi? 10 facts you need to know about late Iranian leader

Iranian TV confirms President Ebrahim Raisi's death in tragic helicopter crash

Iranian TV confirms President Ebrahim Raisi's death in tragic helicopter crash

Police officers seized Segun's motorcycle — then sent him to prison for 6 years

Police officers seized Segun's motorcycle — then sent him to prison for 6 years

Governor Alia vows to build flyover in Otukpo as he celebrates 58th birthday

Governor Alia vows to build flyover in Otukpo as he celebrates 58th birthday

Pulse Sports

'I want to be beautiful' - Sha’Carri Richardson on why she keeps long nails

Osimhen: PSG set for life after Mbappe with 200 BILLION NAIRA move for Super Eagles star

Osimhen: PSG set for life after Mbappe with 200 BILLION NAIRA move for Super Eagles star

Osimhen’s Champions League dream dies as Juventus and Bologna seal European qualification ahead of Napoli

Osimhen’s Champions League dream dies as Juventus and Bologna seal European qualification ahead of Napoli

Arteta’s Arsenal surpass Wenger's ‘Invincibles’ to break 20-year old Gunners’ record

Arteta’s Arsenal surpass Wenger's ‘Invincibles’ to break 20-year old Gunners’ record

ADVERTISEMENT
ADVERTISEMENT