The housing allowances for members of the National Assembly may cost the country about N5.87bn yearly, according to findings from The PUNCH.
With the annual allocation of N5.87bn, in four years the Federal Government will spend N23.48bn on the lawmakers’ accommodation.
The allowances are based on data collated from a document obtained from the website of the Revenue Mobilisation and Fiscal Allocation Commission.
It covers allowances for accommodation (200 per cent of basic salary), domestic staff (75 per cent of basic salary), utilities (30 per cent of basic salary), house maintenance (five per cent of basic salary), wardrobe (25 per cent of basic salary) and furniture (300 per cent of basic salary).
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Also, although furniture allowance is usually paid once in four years for public office holders, the frequency of payment is not disclosed for members of the National Assembly.
From the total amount, the housing allowances of the Senators will cost about N1.38bn yearly.
The amount for the Senate President and Deputy Senate President was not disclosed by the RMAFC. Therefore, the amount covers only the allowances for the 107 senators.
A breakdown shows that N4.05m was allocated for accommodation, N1.52m for domestic staff, N607,920 for utilities, N101,320 for house maintenance, N506,600 for wardrobe allowance, and N6.08m for furniture allowance.
The housing allowances of the House of Representatives members will cost N4.49bn yearly.
The amount for the Speaker and Deputy Speaker was not disclosed by the RMAFC. In addition, Isma’ila Maihanchi, member-elect of the House of Representatives for Jalingo/Yorro/Zing federal constituency in Taraba, is reportedly dead. Also, Femi Gbajabiamila, a former Speaker of the House of Representatives, resigned from the 10th House to take up his new position as the chief of staff to President Bola Tinubu. Therefore, the amount covers only the allowances for the 356 House of Representatives members.
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Allocation breakdown
A breakdown shows that N3.97m was allocated for accommodation, N1.48m for domestic staff, N595,563.75 for utilities, N99,260.62 for house maintenance, N496,303.12 for wardrobe allowance, and N5.96m for furniture allowance.
Since the allocations for the Senate President and his deputy and the Prices of residential apartments in the highbrow areas of the Federal Capital Territory have surged by at least 60 per cent due to the high demand for houses by the newly inaugurated members of the national assembly, The PUNCH has learnt. and his Deputy were not disclosed, it means that the N5.87bn is likely below the total amount the members of the National Assembly would get as housing allowances yearly.
-PUNCH news
This is the reason they k.!!l to become a lawmaker… They do all sorts to attain to that Green and Red chambers simply to start getting all these juicy benefits to the detriment of the impoverished Nigerians…… Shame on the Government that continues on same trajectory…… They can remove subsidy, increase VAT, increase electricity tariff but they cannot touch their own bogus allowances….. Shame… Shame… Shame!!!