President Buhari and VP Yemi Osinbajo take 50% pay cut

The presidency announced yesterday that President Buhari and VP Osinbajo have decided to take a pay cut. They will now only receive 50% of what Jonathan and Sambo received during their administration.

“I write to forward the completed IPPIS registration form of Mr. President and to draw your kind attention to Mr. President’s directive that only 50% of his salary be paid to him,” the Permanent Secretary of the State House, Nebolisa Emodi wrote to the Office of the Secretary to the Government of the Federation yesterday

Osinbajo also agreed to take a pay cut. Buhari will now receive 50% of his annual N14, 058,820.00.