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Buhari to Earn N14.4m, VP Osinbajo N12. 1 Per Annum

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Osinbajo and Buhari, Vice President and President  respectively
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Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has reviewed the salaries of the President, Vice President, Senate President and Speaker of the House of Representatives and Speakers in the 36 states of the federation, as well as well other legislators in both the National and State Assemblies among other public officers in the country.

Based on the total package prepared by the RMAFC, President Muhammadu Buhari‘s annual salary and allowances stand at N14, 4 million.

Vanguard reported that the break down shows that his Basic Salary is N 3,514,705 and Hardship allowance, N 1,757,350:50. Constituency N 8,786,762:50 and Leave Allowance – N351, 470.

Buhari will receive a 400 per cent increase in his salary amounting N14. 058 million, as gratuity upon a successful completion of his tenure.

The Federal Government is to provide him with all his needs including vehicles, Special Assistants, Personal Assistants, entertainment, security, utility bills, newspapers, medical bills and clothings.

The president’s estacode and Duty Tour allowance were not specified.

However, the Vice President is to receive an annual Basic Salary of N2, 064, 400; Hardship allowance- N1, 515, 786.25 and a Constituency Allowance of N7, 578, 931.25, bringing his total annual earning to N12.1million.

According to the Vanguard, about 75 per cent of his annual basic salary would be paid for vehicles and their maintenance if he chooses to buy his vehicles and maintain them.
 
He is to receive another 25 per cent to hire his Personal Assistants; 75 per cent for domestic staff; 45 per cent for entertainment and 30 per cent for utility.

The VP is to receive a separate 20 per cent of his salary for monitoring; 200 per cent for accommodation and 300 per cent for furniture.

His duty Tour Allowance stands at N 35 , 000 per night and an estacode of $900 per night.

He is to receive 10 per cent of his salary as Leave Allowance and 300 per cent as gratuity upon a successful completion of his tenure.

NATIONAL ASSEMBLY

Also, following a downward review of salaries and allowances of both the National and State Assembly legislators, the Senate President will receive a basic annual salary of N2, 484, 242.50 and allowance of N6. 2 million, bringing the total to N8. 69Million. His monthly salary is about   N724, 570.

In addition, he collects 250 per cent of his Annual Salary as Constituency Allowance.

However, his vehicles and their maintenance are provided by the federal government. Similarly, his domestic staff, entertainment, utilities, security responsibility, Legislative Aids, House Maintenance an, as well as a Special Adviser and a Personal Assistant are provided by the federal government.

Similarly Robe (clothing) and newspapers are provided for the Senate President.

The Deputy Senate President enjoys the same benefits except that his Annual Basic Salary stands at N 2,309,166.75, total allowance N 5,772,916.8, bringing total annual salary to 8,082,083.63 and a monthly pay of N 673,506.97

The Senate Majority Leader receives a salary of N12, 968, 960. The Minority leader receives a total annual salary of N12, 908, 168. The Whip receives N12, 867 . The same applies to Committee Chairmen. Incidentally in the last administration almost all senators were chairmen of various committees.

The allowances received by the members of the upper legislative chamber is far more than their salaries indicate.

For instance, each senator receives 75 per cent of the annual salary as allowance for a vehicle and its maintenance. They collect another 75 per cent of their salaries for domestic staff; 30 per cent for entertainment; 30 per cent for utilities; 25 per cent for robe (clothing); and 250 per cent as constituency allowance.

Others include, another allowance unspecified which stands at 53 per cent; newspapers 15 per cent; Personal Assistance, 24 per cent; and House maintenance 5 per cent.

In addition, the Leader receives 10 per cent for Responsibility; Minority Leader 7; while the Whip and Committee chairmen receive 5 per cent for the same purpose.

Ordinary senators receive a basic salary of 2,026,400.00; annual allowance of N10,739,920.00 , bring it to a total of N 12,766,320.00.

Other non-regular allowances include 300 per cent gratuity for the Senate President; and estacode of $1, 00 per night for foreign trips, as well as, a N37,000 per night duty tour allowance.

All the senators who have just finished their terms at the 7th National Assembly are therefore entitled to 300 per cent of the annual salaries as gratuity.

The Deputy senate President gets N32, 000 per night as Duty Tour Allowance.

Senators receive $ 1 000 as estacode and a duty tour allowance of N23, 000 per night.

House of Reps

At the House of Representatives, the Speaker receives a total annual salary of N 4,334,942.50.

Just like the Senate President, the federal government provides   his vehicles and their maintenance . His domestic staff, entertainment, utilities, security responsibility, Legislative Aids, House Maintenance an, as well as a Special Adviser and a Personal Assistant are provided by the federal government.

Similarly Robe (clothing) and newspapers are provided for the Speaker by the Federal Government.

He receives 75 per cent of his salary as constituency allowance.
Speaker of the House of Representatives, Hon. Yakubu Dogara after inauguration, yesterday. Photos: Olugbemiga Olamikan/

Speaker of the House of Representatives, Hon. Yakubu Dogara after inauguration, yesterday. Photos: Olugbemiga Olamikan/

The Deputy speaker whose annual salary stands at 4,002,309.94 enjoys similar benefits as the speaker.

The Majority Leader of the House, the Minority Leader, the Chief Whip and Chairmen of Committees receive annual salaries of N 6, 352,680.00. In addition, they receive 50 per cent of their salaries as Vehicle and Maintenance allowance; another 50 per cent for domestic staff; 10 per cent for utilities and another 10 per cent for House maintenance.

In addition, they collect 75 per cent for constituency allowance, 25 per cent for personal Assistant. Other members enjoy similar allowances.

At the House of Representatives, the speaker receives $ 790 estacode per night and N32, 000 per night for domestic trips.

The Deputy Speaker receives $750 and N30, 000 for estacode and Duty Tour, respectively. Members receive $550 and N21 , 000 for estacode and domestic trips , respectively.

Houses of Assembly

Speakers of the State Houses of Assembly enjoy all the benefits as their federal counterpart where virtually all they need are provided with public funds. However, their annual salaries stand at N 2,049,843.75 and a Constituency Allowance of N25 per cent of their Annual Salaries.

Deputy Speaker receives N 1,807,478.13 and 25 per cent of same as constituency allowance.

Members at the House of Assemblies receive annual salaries of N 2,473,866.25.

In addition, they receive 20 per cent for vehicles; 25 per cent for domestic staff, 10 per cent for utilities; 25 per cent each for robe, constituency , Personal Assistant and 5 per cent for newspapers.

The decision to review the current salaries and allowances of the nations’ public office holders received approval of many members of the public who had complained that the Nigerian law makers were about the highest paid in the world. These are the official earnings of these political office holders. But their spoils of office amount to several millions and even billions of naira in recent past.


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IEEE CTU-EMEA Summit Organizers Hold Strategic Meeting with Baze University Management

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The Local Organising Committee of the IEEE Connecting the Unconnected Europe, Middle East, and Africa (CTU-EMEA) Summit 2025 on Wednesday paid a courtesy visit to the management of Baze University, Abuja, in preparation for the international conference scheduled to hold from Nov. 27 to 28.

The visit, which brought together top officials from IEEE Nigeria Section and senior management of Baze University, focused on finalising arrangements for the summit themed “Bridging Digital Frontiers: African Solutions for Universal Connectivity.”

Speaking during the meeting, Mr. Chukwuemeka Gerald Okafor, General Conference Chair, described the summit as a historic milestone for Nigeria’s digital transformation agenda.

“This is the first time Nigeria is hosting an IEEE CTU international summit of this magnitude. Over 200 global leaders—ministers, regulators, CEOs, and innovators—will converge in Abuja to address the challenge of connecting 2.9 billion unconnected people worldwide,” Okafor said.

He disclosed that high-profile speakers had confirmed participation, including government ministers, representatives of the World Bank and International Telecommunication Union (ITU), telecom executives, and researchers from across the EMEA region.

Also speaking, Prof. Osita, Deputy Vice Chancellor (Academics), who represented the Vice Chancellor of Baze University, expressed the institution’s readiness to host the summit.

“We are honoured that IEEE selected Baze University as the venue for this prestigious event. It aligns with our vision of becoming a hub for technology innovation and global academic collaboration,” Osita said.

The summit programme includes an opening ceremony with ministerial presence, eight technical tracks, panel discussions, paper presentations, workshops, and an exhibition area for technology companies and startups.

Social events such as a Welcome Cocktail on Nov. 26 and a Gala Dinner on Nov. 28 are also planned to foster networking and collaboration.

Ms. Nneoma Offodile, Chair of the Local Organising Committee, said the summit would leave a lasting legacy for Nigerian students, especially those at Baze University.

“There will be volunteer opportunities, discounted registration, and exposure to global experts. We want students to benefit directly from this gathering,” she said.

The meeting also addressed logistical arrangements including venue setup, technology infrastructure, catering, accommodation, and security for international delegates.

IEEE, founded in 1884, is the world’s largest technical professional organisation with over 423,000 members globally. Its CTU programme focuses on bridging the digital divide through research, innovation, and stakeholder engagement.

Engr. Abdulateef Aliyu, IEEE Region 8 Representative, said the summit affirms Nigeria’s capacity to host world-class events and positions the country as a strategic hub for technology discourse in Africa.

The organising committee called on Nigerian ICT professionals, telecom operators, corporate sponsors, researchers, and students to participate actively in the summit.

Prof. Ifeayinwa Achumba, IEEE Nigeria Section Chair, said the summit would showcase scalable African solutions to global connectivity challenges.

Follow-up meetings are scheduled to finalise technical details and coordinate logistics ahead of the November event.


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65m Nigerians Pushed into Poverty as GDP Per Capita Falls 66% – Report

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Over 65 million Nigerians were reportedly pushed into poverty in 2024 following a 66 per cent decline in the country’s gross domestic product (GDP) per capita, according to a new report by Quartus Economics.

The report, titled “Forty Years of Structural Adjustment: Is Africa’s Eagle Stuck or Soaring Back to Life?”, examined Nigeria’s economic trajectory since the introduction of the Structural Adjustment Programme (SAP) in 1986.

Quartus noted that while the reforms helped grow Nigeria’s GDP from $87.5 billion in 1990 to $252 billion in 2024, the country’s economic structure remained fragile, with the naira losing 99.7 per cent of its value over the same period.

The report stated that liberalisation, privatisation, and banking reforms initially boosted private investment and manufacturing, but policy reversals and weak implementation undermined progress.

“Policy inconsistencies and weak implementation led to a recurring cycle of mixed results and missed opportunities,” the report said. “The goal of inclusive, export-led growth has remained elusive.”

Between 2014 and 2023, Nigeria experienced its worst growth slowdown in a generation, driven by falling oil prices, population pressures, restrictive fiscal and monetary policies, and governance lapses. Inflation rose above 30 per cent, capital inflows declined, and economic stagnation persisted.

However, the report praised the 2023–2024 reforms, including the removal of petrol and foreign exchange subsidies, as decisive measures that began correcting structural distortions.

By late 2024, GDP growth rebounded to nearly 4 per cent, with renewed strength in the manufacturing and mining sectors. Foreign reserves rose to $42 billion by October 2025, and inflation began to ease slightly.

Despite these improvements, Quartus warned that per capita income remains far below pre-crisis levels and that Nigeria’s export base and governance systems still face deep inefficiencies.

“The recovery is real, but lasting transformation will depend on discipline, continuity, and collective commitment to reform,” the report concluded.


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BlueNoroff Targets Eecutives on Windows and MacOS Using AI-driven Tools

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At the Security Analyst Summit in Thailand, Kaspersky’s Global Research and Analysis Team (GReAT) unveiled the latest BlueNoroff APT activity through two highly targeted malicious campaigns ‘GhostCall’ and ‘GhostHire’. The ongoing operations have been targeting Web3 and cryptocurrency organisations across India, Turkiye, Australia and other countries in Europe and Asia since at least April 2025.

BlueNoroff, a subdivision of the notorious Lazarus group, continues to expand its signature ‘SnatchCrypto’ campaign, a financially motivated operation which targets crypto industries worldwide. The newly described GhostCall and GhostHire campaigns employ new infiltration techniques and customised malware to compromise blockchain developers and executives. These attacks affect macOS and Windows systems as primary targets and are managed through a unified command-and-control infrastructure.

The GhostCall campaign focuses on macOS devices, beginning with a highly sophisticated and personalised social engineering attack. The attackers reach out via Telegram, impersonating venture capitalists and in some cases using compromised accounts of real entrepreneurs and startup founders to promote investment or partnership opportunities. The victims are invited to fake investment meetings on phishing sites mimicking Zoom or Microsoft Teams during which they are prompted to “update” their client to fix an audio issue, this action downloads a malicious script and deploys a malware infection on the device.

“This campaign relied on deliberate and carefully planned deception. Attackers replayed videos of previous victims during staged meetings to make the interaction appear like a real call and manipulate new targets. The data collected in this process is then used not only against the initial victim but also exploited to enable subsequent and supply-chain attacks, leveraging established trust relationships to compromise a broader range of organisations and users,” comments Sojun Ryu, security researcher at Kaspersky GReAT.

Attackers deployed seven multi-stage execution chains, four which were previously unseen, to distribute a range of new customised payloads, including crypto stealers, browser credential stealers, secrets stealer, and Telegram credential stealers.

In the GhostHire campaign the APT targets blockchain developers by posing as recruiters. Victims are tricked into downloading and running a GitHub repository containing malware, presented as a skill assessment. GhostHire shares its infrastructure and tools with the GhostCall campaign, but instead of using video calls, it focuses on approaching hands-on developers and engineers through fake recruitment. After initial contact, victims are added to a Telegram bot that delivers either a ZIP file or a GitHub link, along with a short deadline to complete the task. Once executed, the malware installs itself on the victim’s machine, customised for the operating system.

The use of generative AI has enabled BlueNoroff to accelerate malware development and refine its attack techniques. The attackers introduced new programming languages and added additional features, complicating detection and analysis tasks. It further enables the actor to manage and expand its operations, increasing both the complexity and scale of attacks.

“Since its previous campaigns, the threat actor’s targeting strategy has evolved beyond simple cryptocurrency and browser credential theft. The use of generative AI has significantly accelerated this process, enabling easier malware development with reduced operational overhead.

“This AI-driven approach helps to fill the gaps in available information, enabling more focused targeting. By combining compromised data with AI’s analytical capabilities, the scope of these attacks has expanded. We hope our research will contribute to preventing further harm,” comments Omar Amin, senior security researcher at Kaspersky GReAT.

 


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