The chairman of the Revenue Mobilisation, Allocation and Fiscal Commission commission, Elias Mbam says a new wage formula for members of the National assembly will be released next month by the commission. RMAFC is the government agency saddled with the responsibility of determining the remunerations of political office holders in Nigeria.
The commissions Chairman announced the new wage plan after a meeting with President Buhari. The President had expressed his displeasure over the approval of outrageous remunerations for political office holders by the commission.

The commissions boss while speaking said “We are currently reviewing the subsisting remuneration packages and it is going to reflect the socio-economic realities of today. We expect that before the end of next month, it will be ready. But it will go through a process, it is not something that you will just say yes or no. No member of the National Assembly should earn up to N1million per month” and that the Senators and Members of the House of Representatives have no option but to abide by the commission’s new wage formula. They do not have a choice. We are guided by the constitution and we are going to be guided by such laws that are provided for in the constitution and the oath they swore to obey,” he said.
source: http://lindaikeji..com/2015/08/new-wage-formula-for-legislators-to-be.html

new formula, hmmm

Yea, that's our man! Buhari!!

.

Allowance cut is far way better than Salary cut..

That's gud but their greed raise to power infinity no go stop dem from inviting d boss for questioning as to why d shortage in national cake sharing

shenney:


No member of the National Assembly should earn up to N1million per month” and that the Senators and Members of the House of Representatives have no option but to abide...

If only day can achieve dis in real life.

Easier said...

rudebouy:


If only day can achieve dis in real life.

Till Nigerians learn to differentiate their right from their left, they will keep falling prey to insincere politicians such as buhari who plays to their sentiments...

1)Have buhari ever responded to the challenge by fayose on his allowances?...Bulk of the money is in allowances not the ridiculous salary he claims to be slashing though he can't?...

2)Which useless fuming here?...Just a propagandists language... Remuneration is a question of legislation... Buhari cannot decree his salary or that of anybody else...NASS is in charge of law making...

3)Buhari keeps pulling such useless stunts as this because it plays to the sentiments of his supporters and takes away attention from main purpose of governance which they have nothing to offer in...

4)Ask buhari to reveal his NUMEROUS allowances to you which runs into billions annually... not his 14million plus annual salary he's flouting around if he's a sincere
leader

Nigerians are waiting.

Sweet news, hope they allow this to happen.

omowolewa:
Sweet news, hope they allow this to happen.

hope tHey will cut their allowance too sha

let us wait till then..... 1 month

Whynotthetruth:


Till Nigerians learn to differentiate their right from their left, they will keep falling prey to insincere politicians such as buhari who plays to their sentiments...

1)Have buhari ever responded to the challenge by fayose on his allowances?...Bulk of the money is in allowances not the ridiculous salary he claims to be slashing though he can't?...

2)Which useless fuming here?...Just a propagandists language... Remuneration is a question of legislation... Buhari cannot decree his salary or that of anybody else...NASS is in charge of law making...

3)Buhari keeps pulling such useless stunts as this because it plays to the sentiments of his supporters and takes away attention from main purpose of governance which they have nothing to offer in...

4)Ask buhari to reveal his NUMEROUS allowances to you which runs into billions annually... not his 14million plus annual salary he's flouting around if he's a sincere
leader

Stop is pretending to be clever because you're not.

If not, you would have known that what is earned in allowances is a function of the salary.

Like Fayose like you!

someone should pls help a brother, i have severe eye problems https://www.nairaland.com/2552232/need-urgent-pls-eye-defect#37329957

PassingShot:

Stop is pretending to be clever because you're not.

If not, you would have known that what is earned in allowances is a function of the salary.

Like Fayose like you!

I don't need to compete with you or anybody or subject my IQ level to be rated by any of you...I am contented, emotionally balanced and happily doing my thing...

Now Mr Itk...

1)What's the salary of a senator or Rep monthly and sum total by quarter?

2)What allowances accrues to him every month and quarterly?...What's the sum total of these allowances per month and by quarter analysis?

3)What's the percentage difference between 1 & 2 above?

4)Apply same questions above to seat of president and his VP

5)Do the maths and let's see who's the olodo here...thanks

Maybe Firefire will borrow you his NASS remuneration chart to aid your computation