Ministers Salary in Nigeria: What is The Salary of Ministers?

Nigerian ministers are key executive members appointed by the President, currently President Muhammadu Buhari. Unlike elected positions, ministers are handpicked by the President and serve on an appointment basis.

How Much Do Nigerian Ministers Earn?

Nigerian ministers are among the highest-paid government officials globally. According to the Revenue Mobilization, Allocation, and Fiscal Commission (RMOAF), their annual salary is a whopping N487 million Naira. This figure includes various allowances and bonuses, making the position highly sought-after.

Let’s break down this hefty sum into understandable parts:

1. Basic Salary: N2,026,400

This is the ministers’ primary annual wage, translating to around N168,867 monthly.

2. Car Fuel and Servicing: N1,519,000

Ensuring the minister’s car is always ready for official duties.

3. Domestic Staff: N1,519,000

For hiring domestic help like chefs and gatekeepers.

4. Entertainment: N911,800

Allowance to unwind after work, covering movies, music, and parties.

5. Estacode: N347,374

A somewhat mysterious allowance; its exact purpose isn’t clearly defined.

6. Furniture: N6,079,200

For office and home furniture maintenance and replacement.

7. Housing: N4,052,800

To ensure ministers live comfortably without housing disputes.

8. Leave: N202,640

For personal time off.

9. Monitoring: N405,280

General office operational expenses.

10. Vehicle Loan: N8,105,600

For purchasing a motor vehicle of choice.

11. Newspaper Subscription: N303,960

Keeping ministers informed with newspaper subscriptions.

12. Personal Assistant: N506,600

To handle daily office tasks and reduce workload.

13. Tour Duty: N35,000

Pocket money for official travels.

14. Utility Costs: N607,920

Covering electricity, water bills, and other utilities.

Conclusion

Considering the significant salaries and numerous allowances, one might wonder if being a minister is a dream job. However, it’s essential to note that ministerial positions are not won through elections but are presidential appointments.

FAQs

1. How are Nigerian ministers chosen?

Ministers are appointed by the President of Nigeria, currently President Muhammadu Buhari. They are not elected but chosen based on various factors, including qualifications, experience, and political considerations.

2. Are these salaries and allowances sustainable for Nigeria?

While the salaries and allowances are high, they are set by the Revenue Mobilization, Allocation, and Fiscal Commission (RMOAF). Some argue that these figures contribute to government expenditure, while others believe they reflect the importance and responsibilities of the position.

3. What is the difference between a minister and a senator in Nigeria?

A minister is an executive member of the government responsible for a specific ministry or department. Senators, on the other hand, are elected representatives in the National Assembly who make laws and represent their constituencies.