Wednesday, 26 August 2015

No Federal Lawmaker Should Earn More Than N1m, Says RMAFC

Elias Mbam, Chairman, RMAFC
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) is unaware of lawmakers’ jumbo pay.

Its Chairman, Elias Mbam said yesterday that no senator or House of Representatives member should earn more than N1m monthly, going by the recommendations of the commission, which fixes salaries and wages for public officers.

Mbam spoke to reporters at the State House in Abuja after a meeting of the RMAFC with President Muhammadu Buhari.

According to him, a new pay structure that will reflect the economic realities will be proposed next month for all categories of public officers.

Although President Buhari and Vice President Yemi Osinbajo have slashed their salaries by 50 per cent, federal lawmakers have expressed disinterest in cutting their pay.
But Mbam told reporters yesterday that if the lawmakers’ salaries are cut by the RMAFC after the review, they must abide by the decision.

“They do not have a choice; we are guided by the Constitution and we are going to be guided by such laws that are provided for in the Constitution and the oath they swore to obey the laws of the country.
“We are currently reviewing the subsisting remuneration packages and it is going to reflect the socio-economic realities of today.

On when a new package will be ready, Mbam said: “We expect that before the end of next month it will be ready. But it will go through a process. It is not something that you will just say ‘yes’ or ‘no’. It will go through a process and it should be obvious to you the economic realities of the day and it is going to reflect that.

Source: thesunnewsonline