President Tinubu’s Record-Breaking Cabinet Raises Concerns Over High Governance Costs

Amidst growing concerns about the escalating cost of governance, President Bola Tinubu has submitted a list of 48 ministerial nominees to the Senate, surpassing all previous records in Nigeria’s Fourth Republic (1999 to date). Additionally, about 560 commissioners-designates in 27 states are set to be appointed, potentially costing the country about N23.4bn in salaries, according to findings by Saturday PUNCH.

The estimated figure is based on the recommended salaries and allowances for ministers and commissioners by the Revenue Mobilisation and Fiscal Allocation Commission (RMAFC). The allowance package includes accommodation, domestic staff, utilities, house maintenance, wardrobe, furniture, motor vehicle fuelling, and entertainment allowances, among others. Notably, the furniture allowance is paid once every four years.

Experts have raised concerns that this surge in appointees could significantly worsen the already high governance costs. With each minister expected to earn approximately N650,136.65 monthly or N7,801,640 annually, the cost of maintaining the 48-member cabinet may amount to N2.57bn over four years.

Despite calls for reducing the cost of governance, Tinubu’s nomination of 48 ministers sets a new record since Nigeria’s return to democracy 24 years ago. Critics argue that a leaner and more efficient government is essential to tackle the nation’s economic challenges effectively.

Economists and public policy analysts caution that such a bloated cabinet could further strain Nigeria’s economy, which is grappling with severe inflation and financial constraints. They advocate for a more prudent approach to governance, focusing on cost reduction and maximizing existing resources.

The President’s decision to appoint an unusually large number of ministers has sparked debate and is drawing attention to the urgent need for fiscal responsibility and efficient public administration in the country. As the Senate reviews the nominations, many Nigerians await the outcome with a keen eye on the nation’s financial future.