The Federal Government of Nigeria has disclosed the salary and allowances of the Vice President, revealing the financial structure that supports the high-ranking office. The Vice President's total annual earnings amount to ₦12,126,290, resulting in a monthly income of ₦1,010,524, as reported by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).

The Vice President’s annual basic salary is ₦3,031,572.50, with a corresponding monthly payment of ₦252,631.04. This foundational salary is supplemented by several allowances designed to ensure the effective discharge of duties.

In addition to the basic salary, the Vice President receives a hardship allowance, which is 50% of the annual basic salary. This amounts to ₦1,515,786.25 annually or ₦126,315.52 monthly, acknowledging the demanding nature of the office's responsibilities.

The most substantial component of the Vice President’s earnings is the consistency allowance, set at 250% of the annual basic salary. This totals ₦7,578,931.25 annually, or ₦631,577.60 monthly, highlighting its importance in providing consistent support for the Vice President’s role.

Several other allowances cater to various professional and personal needs, though their specific monetary values were not disclosed. These include provisions for motor vehicle fueling and maintenance to ensure reliable transportation for official engagements. Support for special assistants and personal assistants is also included, aimed at maintaining efficient administrative operations and enhancing the effectiveness of the Vice President’s office.

Additional allowances cover domestic staff, entertainment, and utilities, ensuring the Vice President has adequate support for household management and the smooth running of daily operations. Security allowances are also provided, underscoring the need for personal safety and protection in this high-profile role. Furthermore, an allowance for newspapers and periodicals ensures that the Vice President stays informed about key developments both locally and globally, enabling informed decision-making.

For comparison, the President of Nigeria earns an annual salary of ₦14,058,820, translating to a monthly income of ₦1,171,568, while state governors receive ₦7,782,968 annually, or ₦648,581 monthly, according to RMAFC data disclosed by Chairman Muhammed Shehu.