The Minister of Budget and Economic Planning, Atiku Bagudu, has stated that he and his colleagues earn less than N1 million as a monthly salary.
Speaking on Saturday during an interview on Channels Television, Bagudu said he is uncertain about the allowances of ministers.
The former Governor of Kebbi State stated that the Revenue Mobilisation Allocation and Fiscal Commission determines ministers’ salaries and wages.
Bagudu also claimed that he has an official vehicle, but he doesn’t use it because he prefers driving his Camry.
He said, “Ministers, like every public official, have payments determined by the Revenue Mobilisation Allocation and Fiscal Commission.
“I have one official vehicle. I don’t even use it because I have a Camry that I enjoy driving. As Minister of Budget, I want to lead by example.
“In terms of how much a minister is paid by RMFAC, it is less than a million naira as salary.”
The minister admitted that the cost of governance is “worrisome,” adding that he knows how the country’s finances are allocated.
When asked how much ministers receive as allowances, Bagudu responded, “I don’t know of any defined allowance that a minister has, but I might be wrong.
“This is published, and I can share it with you because it is determined by RMFAC; there is nothing additional to that for a minister,” he added.