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LequteMan
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Nigeria - According to a PREMIUM TIMES report, the remuneration (salary plus approved allowances) of Nigeria's 109 Senators and 360 members of the House of Representatives approved by the RMAFC is an estimated N8.72bn per annum.
The Yearly remuneration of members of the House of Representatives is estimated at N18.26 million while each of the 109 senators earns a bit higher, pocketing N19.66 million each a year.
PREMIUM TIMES says an analyses of the lawmakers’ pay did however not include the illegal but hefty quarterly allowances lawmakers pay themselves – they call it office running cost.
It is unclear how much it is now. In 2009, it was N192million per senator per quarter while their House of Representatives counterparts received N140 million per quarter.
That amounts to N768m per year per senator and N560m per year for each house of reps member.
Insiders say the “allowances” have increased dramatically over time.
However lawmakers wouldn’t disclose how it is.
Click here to read full story from PREMIUM TIMES
The Yearly remuneration of members of the House of Representatives is estimated at N18.26 million while each of the 109 senators earns a bit higher, pocketing N19.66 million each a year.
PREMIUM TIMES says an analyses of the lawmakers’ pay did however not include the illegal but hefty quarterly allowances lawmakers pay themselves – they call it office running cost.
It is unclear how much it is now. In 2009, it was N192million per senator per quarter while their House of Representatives counterparts received N140 million per quarter.
That amounts to N768m per year per senator and N560m per year for each house of reps member.
Insiders say the “allowances” have increased dramatically over time.
However lawmakers wouldn’t disclose how it is.
Click here to read full story from PREMIUM TIMES
