Nigerian Governors Salary 2024 And Allowances

After writing article on the salary of the Nigerian Senators, many of our readers requested we also write on the Governors salary in Nigeria as they also want to know how much a Nigerian governor is paid as salary.

Before we go into the salary structure of the Nigerian governors, we will like to explain few things concerning the salary structure and how it works. We will also give a brief on the basis work of Nigerian Governors. Let’s start with the basic work of the Nigerian Governors.

Governors Salary In Nigeria

Basic Work of Nigerian Governors

  • Implementation of State Laws and Policies

Governors ensure that state laws passed by the State House of Assembly are implemented effectively. They are responsible for formulating policies that reflect the needs and aspirations of their state.

  • Management of State Resources

They oversee the management and allocation of state resources, including financial resources (budgets), natural resources, and human capital. This includes ensuring that state projects are executed and public funds are appropriately used.

  • Appointment of State Officials
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Governors have the power to appoint state commissioners, special advisers, and other key officials who help run the state’s ministries and departments.

  • Security and Public Safety

While governors do not directly control security agencies, they play a crucial role in maintaining security within their state. They work with federal security agencies (police, military) to ensure the safety of citizens and manage local security challenges.

  • Infrastructure Development

Governors are responsible for initiating and overseeing the development of main state infrastructure, including roads, schools, hospitals, and other public facilities.

  • Economic Development

They drive efforts to improve the state’s economy, attract investments, create jobs, and support industries that can boost the state’s financial standing.

  • Representation and Advocacy

Governors represent their states in national affairs and are members of the National Economic Council. They advocate for the interests of their state at the federal level.

  • Crisis and Disaster Management

In times of crises such as natural disasters, health emergencies, or social unrest, governors are responsible for coordinating responses and providing leadership to mitigate the impact on the state.

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The above listed points are the major work of the Governors in Nigeria that’s why their salary is always huge. Please note that each governor earns the same amount of money only their state budget may be different. Now let’s look at the salary structure of the Nigerian Governors.

Nigerian Governors Salary 2024

As of 2024, Nigerian governors receive a basic salary and various allowances which are determined by the Revenue Mobilization Allocation and Fiscal Commission (RMAFC).

Each state governor earns an annual salary of approximately ₦7.78 million. This salary includes a monthly basic salary of around ₦648,580, with allowances that cover aspects such as accommodation, medical expenses, and travel. They are also entitled to a vehicle loan amounting to 400% of their annual basic salary, which totals ₦8.89 million. In addition, governors are eligible for a severance gratuity of ₦6.67 million at the end of their tenure.

Apart from the basic salary mentioned above, there are other benefits they are entitled to which includes leave allowances (about ₦222,370) and foreign travel provisions, with no fixed cap on their allowances for official travel outside Nigeria.

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Meanwhile, some people are complaining about the salary that it’s way too much for the Governors considering our minimum wage of ₦70,000 for many public workers. Moreover, the nature of additional funds like travel allowances marks it hard to understand a governor’s full compensation.

Deputy Governors Salary In Nigeria 2024

Deputy governors, on the other hand, earn slightly less, with an annual salary of around ₦7.39 million, and receive similar benefits such as accommodation, medical coverage, and travel allowances.

While the base salary figures are fixed, Nigerian governors enjoy many kinds of supplementary benefits that boost their overall earnings.

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