Amid growing public anger over housing costs and spiralling income inequality, Singapore's prime minster, Lee Hsien Loong, has agreed to take a 36% pay cut – but he will remain the world's best-paid leader.
Lee's office said he would accept the recommendations of a government-appointed committee to reduce his salary, as well as those of his ministers and the city-state 's president.
Lee appointed the committee after a disastrous parliamentary election in which his party faced historic losses. The committee recommended that Lee's salary be cut by 36%, to 2.2m Singapore dollars (£1. 1m). Lee has served as prime minister of the prosperous city-state since 2004.
The president, Tony Tan, faces a potential salary cut of 51%, though many observers may consider him well paid, at 1.5m dollars for a ceremonial post that requires him to perform only minor duties.
Salaries for government ministers will be reduced by 37% to an annual 1.1m dollars.
Despite the pay cut, Lee's salary will still be
three times that of the Hong Kong chief
executive, Donald Tsang, the world's next
highest-paid political leader, who earns about
£353,000 a year.
By comparison, Barack Obama, as president of a
country of 312 million people that also has the
world's most powerful military and the top
economy, earns £256,000.

m.guardian.co.uk/world/2012/jan/04/singapore-prime-minister-lee-loong?cat=world&type=article

Nice move, Naija on the other hand don't want to talk about pay cut for public holders. GEJ when will you agree to your pay cut.

what are nigeria's figures?
do we have journalists in this country?
they are all being bribed, AIT, Silverbird, channels tv etc