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December 22, 2024

Federal, state lawmakers to get N49bn

allowances-for-incoming-lawmakers-fit-cost-49bn

Di salaries and allowances for di incoming lawmakers fit cost di country about N49bn, based on findings.

Also, di figure cover di salaries and allowances of state and federal lawmakers.

In addition, salaries and allowances dey based on data wey dey collated from document obtained from the website of di Revenue Mobilisation and Fiscal Allocation Commission.

However, di total allowances dey higher than wetin dey report. Dis na as di amount for a number of di allowances no dey disclosed.

Even as dem go spend N32.60bn for national level, N16.32bn go dey spent on di state level.

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A breakdown show say di annual basic salary of di President of di Senate na N2.48m each year (about N9.94m in four years). And for di Deputy President, na N2.31m yearly (about N9.24m in four years).

Out of 19 allowances for di incoming lawmakers wey dey assigned to di Senate President and hin deputy, only five allowances dey assigned a specific figure.

Also, di allowances wey dem disclose include constituency allowance (250 per cent of the basic annual salary).  And duty tour allowance (N50,000 per night), Estacode ($1,300 per night), Recess (10 per cent of the basic annual salary) and severance gratuity (300 per cent of the basic annual salary).

Di allowance of di Senate President go take about N33.29m. Dat one include annual N6.21m for constituency allowance, annual N248,424.25 for recess, and N7.45m for severance gratuity. Dis na wetin dem go pay at di end of di tenure.

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