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Monday, April 26, 2021

FG reviewing salaries, emoluments of officeholders

The RMAFC boss declined to confirm if the salary would be reviewed downward or upwards.

• April 25, 2021
Elias Mbam
Chairman of RMAFC, Elias Mbam

Elias Mbam, Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), has said that the commission had begun reviewing the emoluments of political and judicial office holders.

Mr Mbam disclosed this on Saturday, at a traditional ceremony held at Amagu community in Ikwo Local Government Area of Ebonyi.

The RMAFC chairman told reporters that a process to review the remuneration of political and judicial office holders was in progress.

He noted that the commission was saddled with the responsibility, hence it would soon conduct a public hearing on the issue, to allow the citizens to contribute to the process.

“One of the major responsibilities of our commission is to determine remunerations appropriate for political and judicial office holders.

“In doing that, the financial situation of the country, at any giving time, is taken into consideration, including inflation and the country’s Gross Domestic Product (GDP), among others.

“The commission being conscious that a lot has happened since the last review, have commenced the process of another review to reflect the changing realities.

“We have progressed and we believe that before the end of 2021 something concrete will happen,” Mr Mbam said.

The chairman, who declined to confirm if the salary would be reviewed downward or upwards, said that the process was ongoing and would be influenced by a number of indices.

“It is a process and the process at the end determines what it will be; when we go through the process, if it comes out to be increased, we increase, if it decreases we do it,” he added.

Mr Mbam, however, enjoined Nigerians to participate in the review, noting that there would be public hearings and invitations for memoranda from members of the public, including institutions under the three tiers of government.

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