President and Vice cut their salaries by 50%

I would have said that this was unbelievable but knowing the characters involved in this makes it rather difficult for me to feel surprised.

GMB upon retirement refused to take anything more that 10 percent (correct me if I'm wrong) of his pension stating that the total sum was just too much! Yet other past leaders kept collecting their "too much" pensions.

In 2010, Nigerian workers went on strike demanding and increase in their wages. They demanded a 25% increase in wages but the government claimed there was no money. Eventually, the workers were given a 7% increase whilst the bastards in the senate awarded themselves 300% increase in wages. Nigerian workers were dumbfounded but did nothing about it.

So Buhari  and his VP cutting their salaries by 50% tells you that they really mean to cut the excesses.

Read on.

Nigeria’s President, Muhammadu Buhari and his Vice, Professor Yemi Osinbajo, will only receive 50 per cent of the salary paid to their predecessors, a government source said on Friday.

According to a statement by a spokesman to the President, Garba Shehu, the President’s decision to take a 50 per cent pay cut was conveyed to the Office of the Secretary to the Government of the Federation on Thursday by the Permanent Secretary of the State House, Mr Nebolisa Emodi.

“I write to forward the completed IPPIS registration form of Mr President and to draw your kind attention to Mr. President’s directive that only 50% of his salary be paid to him,” Mr Emodi wrote in the letter.

The current annual remuneration of the President of Nigeria, as published by the Revenue Mobilisation Allocation and Fiscal Commission, is 14,058,820.00 Naira (about $70,000).

Earlier on Friday, President Buhari turned down a proposal to buy new cars for his use, saying that he would stick to the vehicles former President Goodluck Jonathan left behind.

The proposal from the Aso Rock bureaucracy is for Buhari to approve the purchase of five customised armoured Mercedes Benz S-600 (V222) cars of about 400 million Naira.

It was learnt that President Buhari rejected the proposal on Wednesday when he received briefings from the Permanent Secretary (State House), Mr Nebolisa Emodi.

He had during his campaign promised to cut down cost of governance in the face of low crude oil price since the nation depends more on crude exportation for revenue.