RMAFC Says Wardrobe Allowance For NASS Members Is N500K Yearly

BEVERLY HILLS, June 17 (THEWILL) – The Chairman of Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Engr. Elias Mbam, Wednesday in Abuja debunked media reports which suggested that federal lawmakers would be collectively paid almost N9 billion as wardrobe allowance. Mbam, who made the clarification during a visit to Senate President, Bukola Saraki, said the […]

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BEVERLY HILLS, June 17 (THEWILL) – The Chairman of Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Engr. Elias Mbam, Wednesday in Abuja debunked media reports which suggested that federal lawmakers would be collectively paid almost N9 billion as wardrobe allowance.

Mbam, who made the clarification during a visit to Senate President, Bukola Saraki, said the wardrobe allowance for each of the elected 469 members of the National Assembly is N506, 600 annually, representing 25percent of their basic annual salary.

Other top executives of RMAFC accompanied the Chairman on the visit.

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Unremitted Funds: Saraki Reads Riot Acts To MDAs

The President of the Senate warned government agencies adamant of not remitting Federal Government revenue to the Federation Account, saying government would no longer condone such act of mismanagement.

Saraki gave the warning when he received the Revenue Mobilisation Allocation and Fiscal Commission team, saying that non-compliance by agencies of government has brought a major setback to the processes of governance.

He reiterated the support of the Senate in bringing back justice to erring agencies saying, “Monetary revenue and allocation are serious challenges to our economy.”

Saraki said: “Though, diversification of economy is very important, it is not an overnight issue. We must block every leakage in government revenue. We made campaign promises to Nigerians and we must fulfill all our pledges. It cannot be business as usual. We will do everything within our capacity to elevate the living standards of Nigerians.”

Senator Saraki also cleared air on the N8.64billion bogus wardrobe allowance to lawmakers as reported in the media, saying RMAFC is the only agency charged with fixing remunerations for public office holders and advised the media to be more accurate in their reporting.

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