• News - North Central - FCT
  • Updated: June 22, 2023

114 Per Cent Salary Increment: This Is Not The Right Time — Peter Obi

114 Per Cent Salary Increment: This Is Not The Right Time �

Peter Obi has weighed in on the approved salary increment for President Bola Tinubu, Vice President Shettima, and other politicians in the country.

Sharing his perspective on the issue via his official Twitter account on Thursday, the Labour Party presidential flag bearer in the 2023 election stated that it is coming at the wrong time.

While questioning its necessity, Obi added that the average Nigerian citizen is struggling with harsh economic realities as 130 million of them are impoverished.

According to the former Anambra governor, recent reform measures by the government have increased the cost of living astronomically.

"I learnt with great reservation, the approval of a 114% increase in the salaries of elected politicians, including the President, vice president, governors, lawmakers as well as judicial and public office holders by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC).

"This is not the appropriate time for such a salary increment if it is at all necessary. We are living in a time when an average Nigerian is struggling with many harsh economic realities, and with over 130 million Nigerians now living in poverty.

"This is a moment when recent reform measures by the government have increased living costs astronomically.

"One would expect the leaders and public officeholders to focus on cutting the cost of governance, alleviating the sufferings of Nigerians.

"This moment calls for creative ways of pulling the majority out of poverty.

"In the immortal words of Shakespeare’s Julius Ceaser, 'What touches us ourself shall be last served.' 

"The leaders, therefore, should prioritize what affects the masses and those on the lower strata of society over themselves.

"The sacrifice, at this time in our nation, should be borne by the leaders.

"The increment should be reversed immediately, and the savings should be devoted to fixing education, healthcare and poverty alleviation especially in the remote rural areas", he said.


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