- President Nana Akufo-Addo has been named among top 15 highest paid African presidents
- He holds the 13th position between Rwanda's Paul Kagame at number 12 and Malawi's Lazarus Chakwera at number 14
- Although Nigeria's GDP is bigger than Ghana's, Nana Akufo-Addo is earning more than President Mahammadu Buhari of Nigeria
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A new study that focused on the monthly earnings of African leaders has revealed that Nana Akufo-Addo is among the top 15 highest-paid African presidents.
The research by the Africa Review team for the Daily Monitor Newspaper in Uganda revealed that although Nigeria’s GDP is much bigger than Ghana’s, Nana Akufo-Addo earns more than President Mahammadu Buhari.
The study, according to a report by Business Insider Africa, reveals that while a typical African worker’s yearly salary varies from over $14,000 in South Africa (GH¢ 119,000) to less than $2,400 (GH¢20,400) in Egypt, African presidents are earning up to $600,000 (GH¢5.1 million) a year.
Leading the pack as the highest-paid president is Paul Biya of Cameroon, whose annual salary is $620,976 (GH¢5,278,296).
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Nana Akufo-Addo’s annual salary of $76,000 (GH¢646,000) or $6,300 (GH¢53,550) per month places him in the 13th spot between Rwanda's Paul Kagame – number 12 – and Lazarus Chakwera, President of Malawi who earns $74,300 a year.
Nigeria’s Buhari earns the least among the 15 presidents with an annual salary of $69,000.
Meanwhile, the Nigerian president has the lowest annual salary because, in 2015, he announced a pay cut in the salaries of himself and Vice President, Yemi Osinbajo.
See the annual salaries of the top 15 highest-paid African presidents.
- Paul Biya, Cameroon earns $620,976
- King Mohammed VI, Morocco earns $488,604
- Cyril Ramaphosa, South Africa earns $223,500
- Uhuru the President of Kenya earns $192,200
- Yoweri Museveni, President of Uganda – $183,216
- Abdelmadjid Tebboune, President of Algeria – $168,000
- Teodoro Nguema Mbasogo, President of Equatorial Guinea -$152,680
- Emmerson Mnangagwa president of Zimbabwe – $146,590
- Denis Sassou, President of the Republic of Congo – $108,400
- Alassane Ouattara, President of Ivory Coast – $100,000
- George Weah, President of Liberia- $90,000
- Paul Kagame, President of Rwanda -$85,000
- Nana Addo Dankwa Akufo-Addo, President of Ghana – $76,000
- Lazarus Chakwera, President of Malawi – $74,300
- Muhammadu Buhari, President of Nigeria – $69,000
President Akufo-Addo Suspects Jobless People And NDC May Be Behind Calls For Ministerial Reshuffle
Meanwhile, YEN.com.gh has reported in a previous report that President Nana Akufo-Addo has dismissed calls for a ministerial reshuffle, suggesting that those pushing him to change is appointees are either jobless people or members of the opposition National Democratic Congress (NDC).
The president said the calls for a reshuffle are untenable because all his appointtees are delivering to his expectations.
"NDC wants to destabilise your government, there are people who are also looking for jobs.
"I'm not disputing that there is quite a lot of attention there, but I also think that there is the need for us to have rather a holistic look at matters relating to reshuffling of ministers and other government appointees," he said.
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