The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) have finally revealed why it recommended that the basic salary of public office holders be increased by 114 per cent.
A federal commissioner of the RMAFC, Hassan Mohammed Usman, disclosed this.
According to him, the remuneration review had been due since 2007 but has yet to be done for some reasons.
He said:
“This is to say that, for 15 years, the salaries for the political, judicial and public office holders have not been reviewed.”
Going further, he added that the review was premised on the fact that the consumer price index, from 2008 to 2022, has increased scientifically by 371 per cent.
He added: “We engaged in public hearings, we went to all geopolitical zones, we had consultations with the stakeholders, the government, and the private sector, hearing and harnessing views on what increment within these years.
“These indices, the public hearing, which is subjective, and then the scientific one, the consumer price index, which is objective, were combined, aggregated, and it ran up to over 200 per cent.
“So, based on that, the view of the economic situation in the country, we aggregated the two, and we arrived at 114 per cent.”
