The Chairman of Revenue Mobilization Allocation and Fiscal Commission, RMAFC, Mohammed Bello, has revealed that the Governor of the Central Bank of Nigeria, CBN, Boss of Nigerian National Petroleum Corporation Limited, NNPCL earn more than the President of the Federal Republic of Nigeria Muhammadu Buhari.
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According to Bello as revealed on Channelstv on Friiday, the severance packages and salaries of some heads of agencies in Nigeria surpasses that of the President.
“The salaries of Executive Vice Chairman, Nigerian Communications Commission, NCC, Central Bank of Nigeria Governor, Executive Vice Chairman of National Agency for Science and Engineering, NASENI, Boss of Nigerian National Petroleum Corporation Limited, NNPCL and other big agencies, must not be more than that of the President”, he stated.
The Chairman of RMAFC, said “I don’t believe that any public officer, whether of CBN or other agencies, should have a package higher than that of the President”.
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“I think this is not good for Nigeria, the President is the President, and there has to be a way to adequately harmonise things. In a manner, some chief executives will not get a salary higher than that of the President or governors.”
According to him, “The law didn’t necessarily say that these things are wrong, but what we are doing now is that, this multiple salary structures which are more like a duplication of responsibility, we will try to harmonize them based on the law because the CBN Governor or his Deputy, those are political appointments that must be captured by the Commission.
