Nigeria: President, VP Lose 300 Percent Severance Pay, hardship Allowance Reduced From 50 Percent to 30 Percent

Daily Trust (Abuja)

3 July 2009

President and his vice will no longer enjoy the severance gratuity of 300 percent of their annual basic salary after the completion of their tenure, the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has recommended.