Punch reports:
Nigerians that have
expressed surprise that each senator receives N506,600 per annum as wardrobe
allowance may be in for a shocker as the lawmakers receive far more allowances
under different other categories.
Investigation by our
correspondent on Monday showed that senators’ allowances totalled N18,642,880
on annual basis.
In all, the allowance
each senator receives is nine times more than his annual salary.
A senator’s salary is
pegged at N2,026,400 per annum.
Each senator or a
member of the House of Representatives is entitled to 19 different allowances.
These allowances are
for vehicle maintenance and fuelling; domestic staff, entertainment, utilities,
personal assistant, constituency, wardrobe, house maintenance, newspapers,
recess, accommodation, furniture, severance, tour duty, estacode, special
assistant, security, legislative aide and medical.
These allowances are
specified in the Remuneration Package for Political, Public and Judicial Office
Holders prepared by the Revenue Mobilisation Allocation and Fiscal Commission.
On an annual basis, the
107 senators receive N1,994,788,160 as allowances. Only 107
senators are eligible for these allowances. The President of the Senate and
Deputy President of the Senate receive fewer allowances because most of their
needs are fully provided for by the state.
For members of the
House, the annual allowances payable are about eight times higher than their
annual salaries.
While the annual salary
of a House member is pegged at N1,985,212.50, the annual allowances add up to
N15,286,135.25. This means that the 358 members of the House (excluding the
speaker and the deputy speaker) get N5,472,436,419.5 annually in allowances.
The allowances,
however, are in categories. Some are tagged regular while others are tagged
irregular allowances...
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