THE Minister of Budget and Economic Planning, Atiku Bagudu, has revealed that he and his fellow ministers earn under N1 million as their monthly salary.
During an interview today, Bagudu expressed uncertainty regarding the allowances provided to ministers.
The former Governor of Kebbi State mentioned that the salaries and wages of ministers are set by the Revenue Mobilisation Allocation and Fiscal Commission.
Additionally, Bagudu noted that although he has an official vehicle, he chooses to drive his Camry instead.
He said, “Ministers, like every public official, have payments determined by the Revenue Mobilisation Allocation and Fiscal Commission.
“I have one official vehicle. I don’t even use it because I have a Camry that I enjoy driving. As Minister of Budget, I want to lead by example.
“In terms of how much a minister is paid by RMFAC, it is less than a million naira as salary.”
The minister admitted that the cost of governance is “worrisome,” adding that he knows how the country’s finances are allocated.
When asked how much ministers receive as allowances, Bagudu responded, “I don’t know of any defined allowance that a minister has, but I might be wrong.
“This is published, and I can share it with you because it is determined by RMFAC; there is nothing additional to that for a minister,” he added.