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Lawmakers’ pay for review

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Senate approve 3% VAT for N'East devt

Senate President Bukola Saraki, has said that the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) would publish the earnings of lawmakers and simultaneously reduce the allowances in conformity with economic reality.

Saraki who made this known on his twitter handle after a meeting with officials of the commission in his office on Wednesday, also called on the RMAFC to ascertain the exact cost of wardrobe allowance for lawmakers and how to effect a cut in lawmakers’ allowances.

His tweet: “RMAFC yesterday was in my office to clarify that wardrobe allowance is N506,600 per senator. I have just been informed that RMFAC will be publishing details of allowance on their website.

“With the current challenge we are facing as a nation, RMFAC will be reviewing allowance s to reflect the current economic trend. Fixing remuneration is the sole responsibility of RMFAC,” Saraki said.

A statement issued later by his media aides said the commission’s chairman, Mr. Elias Mbam, said wardrobe allowances as published in some media platforms were exaggerated.

The chairman also disclosed that the 2008 Remuneration Act was currently being reviewed.

“The commission is currently reviewing the 2008 Remuneration Act and hopefully we expect it will be ready by the end of the third quarter and once we are ready, we will make it public and of course present it to the National Assembly,” he said.

Saraki also warned government agencies against failure to remit revenues to the federation account, saying government would no longer condone such act.

“Monetary revenue and allocation is a serious challenge to our economy. Though, diversification of economy is very important but it is not an overnight issue. We must block every leakage in government revenue”, he said.

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