#remuneration package

[jidesalu]

SHOCKER: Jonathan, Sambo, others to get N3.24bn severance pay; why politics in Nigeria is a 'do or die' affair...

SHOCKER: Jonathan, Sambo, others to get N3.24bn severance pay; why politics in Nigeria is a ‘do or die’ affair…

PRESIDENT Goodluck Jonathan, Vice-president Namadi Sambo, non-returning federal lawmakers, ministers and   presidential aides will collect N3.24bn as severance allowances, investigation by The PUNCH has shown.

The severance allowances   are contained in the Remuneration Package put together by the Revenue Mobilisation, Allocation and Fiscal Commission.

According to the package, Jonathan, who will…

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[newsdock]

The new terms would raise the total pay and benefits for an underground miner at the Implats, Amplats and Lonmin companies by 7.5-10.0 percent a year on average. The total remuneration package would rise to 12,500 rand ($1,188, 860 euros) a month by July 2017, marking a significantly bigger increase than the rate of inflation. Source: AFP