The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has clarified why he recommended that public office holders’ basic salaries be increased by 114%.
Hassan Mohammed Usman, a federal commissioner of the RMAFC, explained that the remuneration review had been due since 2007, but wasn’t done for some reasons.
Usman stated this in an interview with Arise Television on Thursday.
“This is to say that salaries for political, judicial, and public office holders have not been reviewed for 15 years,” he said.
According to Usman, the review was based on the fact that the consumer price index climbed scientifically by 371 percent from 2008 to 2022.
“We engaged in public hearings, we went to all geopolitical zones, we had consultations with stakeholders, the government, and the private sector, hearing and harnessing views on what increment within these years,” said the RMAFC federal commissioner.
“These indices, the subjective public hearing and the scientific one, the consumer price index, were combined, aggregated, and it ran up to more than 200 percent.”
“So, based on that, the view of the country’s economic situation, we aggregated the two and arrived at 114%,” he explained.
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