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

Nigeria, with its vibrant political landscape, is home to ministers who play pivotal roles in the government’s executive branch. In this exploration, we delve into the intricate details of Nigerian ministers’ salaries, shedding light on the financial compensation and various allowances that contribute to their substantial income.

Nigerian Ministers: An Overview

The role of a Nigerian minister is exclusive, as individuals appointed to this position are chosen solely by the President, currently Bold Ahmed Tinubu. Unlike elected officials, ministers serve at the pleasure of the President, reflecting the unique nature of this governmental role.

Annual Salary and Benefits for Nigerian Ministers

The Revenue Mobilization, Allocation, and Fiscal Commission (RMOAF) sets the annual pay for a Nigerian minister at a staggering N487 million Naira. This substantial figure encompasses not only the basic salary but also an array of allowances and bonuses, making it an enticing proposition for those aspiring to hold this prestigious position.

Breakdown of Ministerial Compensation

1. Basic Salary (N2,026,400):
   • The foundational component of a minister’s income, amounting to N2,026,400 per year, translates to a monthly wage of approximately N168,867.
2. Car Refueling and Servicing Allowance (N1,519,000):
   • Ensures ministers’ official vehicles are always fueled and in optimal condition, preventing any disruptions during official assignments.
3. Domestic Staff Allowance (N1,519,000):
   • Allocated to assist ministers in managing domestic staff, encompassing roles such as chefs and gatekeepers.
4. Entertainment Allowance (N911,800):
   • Facilitates relaxation and unwinding for ministers after demanding workdays, covering expenses for various leisure activities.
5. Estacode Allowance (N347,374):
   • While the exact purpose of estacode is unclear, it contributes to the overall annual compensation for ministers.
6. Furniture Allowance (N6,079,200):
   • Dedicated to maintaining and replacing office furnishings, ensuring a conducive work environment for ministers.
7. Housing Allowance (N4,052,800):
   • Enables ministers to secure comfortable living arrangements for themselves and their families, preventing public embarrassment from housing disputes.
8. Leave Allowance (N202,640):
   • Allotted to ministers for self-care during designated leave periods, regardless of the leave duration.
9. Monitoring Allowance (N405,280):
   • Contributes to the general operational funds of the minister’s office, enhancing efficiency and effectiveness.
10. Loan for a Motor Vehicle (N8,105,600):
    • Provides ministers the option to acquire a vehicle of their choice, with the flexibility to accept or decline the loan each year.
11. Newspaper Subscription (N303,960):
    • Aids ministers in staying informed about current events through subscriptions to various newspapers.
12. Personal Assistant Allowance (N506,600):
    • Supports ministers in delegating day-to-day office responsibilities, reducing stress and time commitments.
13. Tour Duty Allowance (N35,000):
    • Analogous to “pocket money,” this allowance ensures ministers can smoothly attend to official duties.
14. Utility Costs Allowance (N607,920):
    • Covers the minister’s utility expenses, including electricity and water bills, averting potential inconveniences.

FAQs

What is the basic salary of a minister in Nigeria?

The basic salary of a Nigerian minister is approximately ₦2 million per annum. This is exclusive of other allowances and entitlements which significantly increase their total earnings.

What other allowances do Nigerian ministers receive?

Nigerian ministers receive various allowances including accommodation, furniture, utilities, domestic staff, entertainment, and vehicle maintenance allowances. These allowances can substantially raise their total compensation package to around ₦14 million per annum.

How does the salary of a Nigerian minister compare to other public officials?

The salary of a Nigerian minister is relatively high compared to many other public officials. However, it is lower than that of the President and Vice President but higher than that of some other government appointees and civil servants.

Are Nigerian ministers entitled to any benefits after leaving office?

Yes, Nigerian ministers are entitled to severance pay and some continue to receive benefits such as pensions and healthcare, depending on the terms of their service and the specific provisions of Nigerian law.

Has there been any public criticism regarding the salary and allowances of Nigerian ministers?

Yes, there has been significant public criticism and debate over the high salaries and extensive allowances of Nigerian ministers, especially in light of the country’s economic challenges and widespread poverty. Critics argue for salary reductions and reforms to curb excessive government spending.

Conclusion

The allure of a ministerial position in Nigeria is undoubtedly amplified by the substantial annual compensation and a myriad of allowances. However, it is essential to note that these positions are appointed rather than elected, emphasizing the exclusive nature of this governmental role.

Also Read: UNICEF Salaries In Nigeria: How Much Do Workers Earn?