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Budget Minister: Our Salaries Not Exorbitant, We Receive Less Than N1 million

...vows to tackle cost of governance

TheOpeyemi A.A² by TheOpeyemi A.A²
August 3, 2024
in Politics
Reading Time: 1 min read
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  • This comes as hunger protests entered day three across major cities in Nigeria.
  • Among the demands of the protesters is the call for a reduction in the cost of governance.

The Minister of Budget and National Planning, Abubakar Bagudu, shed light on the monthly remuneration of ministers, which falls below N1,000,000.

During a televised interview on Channels Television, Bagudu addressed the pressing issue of escalating governance costs.

The minister’s comments came in response to growing concerns about the financial burden of governance under President Bola Ahmed Tinubu’s leadership.

With his experience as a former governor of Kebbi State, Bagudu expressed concern about the unsustainable trajectory of governance expenses in the country.

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This comes as hunger protests entered day three across major cities in Nigeria.

Among the demands of the protesters is the call for a reduction in the cost of governance.

Speaking to the demands of citizens, Bagudu said the government had taken note and would continue to dialogue with citizens to address the nation’s economic challenges.

“The cost of governance is worrisome, particularly me because I see how the kitty is allocated so I know that we are not anywhere near where we want to be. So any savings from any quarter is important. Ministers line any public officers is determined by the Revenue Mobilisation Allocation and Fiscal Commission. I have one official vehicle but I don’t use it, I have a vehicle I love using.

“In terms of how much Ministers are paid is less than a million Naira. I don’t know of any defined allowance that the Minister has but I might be wrong”, he said.

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