�Nigeria president to take pay cut�

AFP, ABUJA: Nigeria’s President Muhammadu Buhari will take only half of the salary paid to former head of state Goodluck Jonathan, his office announced on Friday.
“President Muhammadu Buhari will only receive 50 per cent of the salary paid to his predecessor,” the head of state’s spokesman Garba Shehu said in an emailed statement.
“The president’s decision to take a 50 per cent cut was conveyed to the Office of the Secretary to the Government of the Federation yesterday (Thursday),” he added.
The annual salary of Nigeria’s president is currently set at 14,058,820 naira ($70,000, 63,500 euros), including allowances, according to the Revenue Mobilisation Allocation and Fiscal Commission. Shehu said Vice-President Yemi Osinbajo would also draw only half of his salary of 12,126,290 naira per annum.
The announcement comes as Africa’s leading economy faces the fall-out from the slump in the global price of crude oil, which provides most of Nigeria’s government revenue, and a public outcry over the remuneration of lawmakers.

�Nigeria president to take pay cut�

AFP, ABUJA: Nigerias President Muhammadu Buhari will take only half of the salary paid to former head of state Goodluck Jonathan, his office announced on Friday. President Muhammadu Buhari will only receive 50 per cent of the salary paid to his predecessor, the head of states spokesman Garba Shehu said in an emailed statement. The presidents decision to take a 50 per cent cut was conveyed to the Office of the Secretary to the Government of the Federation yesterday (Thursday), he added. The annual salary of Nigerias president is currently set at 14,058,820 naira ($70,000, 63,500 euros), including allowances, according to the Revenue Mobilisation Allocation and Fiscal Commission. Shehu said Vice-President Yemi Osinbajo would also draw only half of his salary of 12,126,290 naira per annum. The announcement comes as Africas leading economy faces the fall-out from the slump in the global price of crude oil, which provides most of Nigerias government revenue, and a public outcry over the remuneration of lawmakers.