The controversy over the monthly salary of a Nigerian
lawmaker has finally been laid to rest with a formal disclosure of what
the legislators earn. The National Institute of Legislative Studies,
NILS, apparently worried by growing public outcry against the Nigerian
lawmakers, on Friday released a set of documents, showing what
constitutes the earnings of the 109 Senators and 360 members of the
Nigerian House of Representatives.The documents, which were made available to Vanguard in Abuja on Friday,
indicated that the Nigerian lawmakers earn perhaps one of the least
salaries among legislators in the world, as against the notion that
their pay was outrageous.
Apart from releasing global comparative figures drawn from nine
countries
, the NILS also gave a breakdown of what constitutes the monthly take-home pay of each Nigerian lawmaker. The figure shows that:
While a Nigerian Senator gets an annual basic salary of N2,026,400,00, a member of the Nigerian House of Representatives goes home with N1,985,212, 50 per year.
But beyond that a Senator takes home a bouquet of allowances which hike their salary to N12, 902, 360.00 while their House of Representatives counterpart goes home with N9,525,985.50 annually.
Thus, for the four-year tenure which the lawmaker stay in the NASS, the Nigerian government spends a total of N1, 406,357,240.00 as basic salary on the 109 Senators and N3,428,994,780.00 on the 360 members of the House of Representatives.
The breakdown of the allowances are on: Vehicle fueling/maintenance, Constituency, Domestic Staff, Personal Assistant, Entertainment, Recess, Utilities, Newspaper/Periodicals, Houses Maintenance, Wardrobe, Esta-code, Duty Tour, which attract more money available to the lawmakers than their basic salaries.
Beyond that, the lawmakers earn special amount in every four-year period on Accommodation, vehicle loan, furniture, and severance allowance, which make every Senator to pocket N24,090,000.00 and a House of Representatives member to go home with N23,822,00.00 within the same period.
Thus for every four year which a lawmaker stays in the NASS, the Federal Government spends N2,625, 810,000.00 on accommodation, vehicle loans, furniture and severance gratuity on the 109 senators and N8,575,920,000.00 on the 360 House of Representatives members.
This payment brings the total expenditure of the government to N33, 992, 360 for the senators and N33,347, 985, 50 on the members of the HoR. The figures are lower when compared to what their counterparts in eight other countries earn.
But the monies Nigerian lawmakers earn from their oversight functions and other sources make them big earners.
It will be recalled that the Nigerian government has been spending a total of N150 billion per year on the NASS but has been forced to step it down to N120 billion this year following rising outcry that the lawmakers are taking too much from the Federation account leaving little for other sectors.
Click the link below to see the countries in the World with the most paid Legislators COUNTRIES IN THE WORLD WITH THE MOST HIGHLY PAID LEGISLATORS
Read more at: http://www.vanguardngr.com/2015/10/revealed-at-last-salary-and-allowances-of-nass-members/
, the NILS also gave a breakdown of what constitutes the monthly take-home pay of each Nigerian lawmaker. The figure shows that:
While a Nigerian Senator gets an annual basic salary of N2,026,400,00, a member of the Nigerian House of Representatives goes home with N1,985,212, 50 per year.
But beyond that a Senator takes home a bouquet of allowances which hike their salary to N12, 902, 360.00 while their House of Representatives counterpart goes home with N9,525,985.50 annually.
Thus, for the four-year tenure which the lawmaker stay in the NASS, the Nigerian government spends a total of N1, 406,357,240.00 as basic salary on the 109 Senators and N3,428,994,780.00 on the 360 members of the House of Representatives.
The breakdown of the allowances are on: Vehicle fueling/maintenance, Constituency, Domestic Staff, Personal Assistant, Entertainment, Recess, Utilities, Newspaper/Periodicals, Houses Maintenance, Wardrobe, Esta-code, Duty Tour, which attract more money available to the lawmakers than their basic salaries.
Beyond that, the lawmakers earn special amount in every four-year period on Accommodation, vehicle loan, furniture, and severance allowance, which make every Senator to pocket N24,090,000.00 and a House of Representatives member to go home with N23,822,00.00 within the same period.
Thus for every four year which a lawmaker stays in the NASS, the Federal Government spends N2,625, 810,000.00 on accommodation, vehicle loans, furniture and severance gratuity on the 109 senators and N8,575,920,000.00 on the 360 House of Representatives members.
This payment brings the total expenditure of the government to N33, 992, 360 for the senators and N33,347, 985, 50 on the members of the HoR. The figures are lower when compared to what their counterparts in eight other countries earn.
But the monies Nigerian lawmakers earn from their oversight functions and other sources make them big earners.
It will be recalled that the Nigerian government has been spending a total of N150 billion per year on the NASS but has been forced to step it down to N120 billion this year following rising outcry that the lawmakers are taking too much from the Federation account leaving little for other sectors.
Click the link below to see the countries in the World with the most paid Legislators COUNTRIES IN THE WORLD WITH THE MOST HIGHLY PAID LEGISLATORS
Read more at: http://www.vanguardngr.com/2015/10/revealed-at-last-salary-and-allowances-of-nass-members/
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