Tuesday, 16 June 2015

National Assembly members to receive N9bn as Allowances

Our Legislators are set to receive N9 billion in allowances ranging from Housing, Transport, Wardrobe and furniture, it is not my place to decipher and present judgement as to whether this amount is justifiable to the Ideals presented by this new Administration, or considering the state of the economy, I just want to use this medium to bring our minds to the true nature of Politics as is obtainable in our society today.
According to a senior Management staff of the N/assembly who stated on the grounds of Anonymity, 9billion is 850percent of their basic salaries for 4years, A senator earns N2million Basic Salary per month, while A Member of the Lower Chamber earns 1.8 million as basic pay per month.

"What management usually does is to deduct upfront payment, 300percent as housing allowance, 300percent as vehicle allowance, and 250percent as furniture allowance, thus when calculated each Senator/House of Representative member earns 16.5 and 14.5million Respectively. A Senator will earn 6million as Accommodation allowance, 6million as vehicle allowance, and 4.5million as furniture allowance.
Our Management of the National Assembly may have set aside about N9billion for the recently inaugurated lawmakers in both the upper and lower chambers of the federal parliament as allowances.
Punch investigations revealed that the jumbo pay, which will cover their accommodation, furniture and vehicle allowances, would be disbursed to them next week.
A senior management worker, who stated this on the condition of anonymity on Monday, explained that the N9 billion represented 850 per cent of their basic salaries for four years.
He said, “A senator earns about N2 million basic salary per month while the basic monthly salary of a member of the House of Representatives is about N1.8 million.
“What the management usually do is to deduct upfront, 300 per cent as housing allowance, 300 per cent as vehicle allowance and 250 per cent as furniture allowance.
He added that when calculated, each senator would earn about N16.5 million while a member of the House of Representatives would collect about N14.5 per cent each.
He said, “A senator, for instance, will collect N6 million as accommodation allowance; N6 million as vehicle allowance; and N4.5 million as furniture allowance.”
The source added that the money would be paid directly into their individual bank accounts latest by next week.
He also added that other allowances such as the wardrobe allowance had been calculated and would be paid along with the other enumerated ones.
It will be recalled that the federal lawmakers started collecting accommodation allowances following the sale of the official residences of the National Assembly members in the Apo Legislative Quarters, sometimes in 2010 during the regime of former President Olusegun Obasanjo.

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- See more at: http://nigeriacommunicationsweek.com.ng/other-business/nassembly-members-to-get-n9bn-jumbo-pay?utm_source=Verified+List&utm_campaign=81466e99a8-June_166_16_2015&utm_medium=email&utm_term=0_a560bb15f8-81466e99a8-48401225#sthash.M7Q8JXmL.dpuf
Management of the National Assembly may have set aside about N9billion for the recently inaugurated lawmakers in both the upper and lower chambers of the federal parliament as allowances.
Punch investigations revealed that the jumbo pay, which will cover their accommodation, furniture and vehicle allowances, would be disbursed to them next week.
A senior management worker, who stated this on the condition of anonymity on Monday, explained that the N9 billion represented 850 per cent of their basic salaries for four years.
He said, “A senator earns about N2 million basic salary per month while the basic monthly salary of a member of the House of Representatives is about N1.8 million.
“What the management usually do is to deduct upfront, 300 per cent as housing allowance, 300 per cent as vehicle allowance and 250 per cent as furniture allowance.
He added that when calculated, each senator would earn about N16.5 million while a member of the House of Representatives would collect about N14.5 per cent each.
He said, “A senator, for instance, will collect N6 million as accommodation allowance; N6 million as vehicle allowance; and N4.5 million as furniture allowance.”
The source added that the money would be paid directly into their individual bank accounts latest by next week.
He also added that other allowances such as the wardrobe allowance had been calculated and would be paid along with the other enumerated ones.
It will be recalled that the federal lawmakers started collecting accommodation allowances following the sale of the official residences of the National Assembly members in the Apo Legislative Quarters, sometimes in 2010 during the regime of former President Olusegun Obasanjo.

Section

0 comments
Livefyre
11 people listening
 
- See more at: http://nigeriacommunicationsweek.com.ng/other-business/nassembly-members-to-get-n9bn-jumbo-pay?utm_source=Verified+List&utm_campaign=81466e99a8-June_166_16_2015&utm_medium=email&utm_term=0_a560bb15f8-81466e99a8-48401225#sthash.M7Q8JXmL.dpuf
Management of the National Assembly may have set aside about N9billion for the recently inaugurated lawmakers in both the upper and lower chambers of the federal parliament as allowances.
Punch investigations revealed that the jumbo pay, which will cover their accommodation, furniture and vehicle allowances, would be disbursed to them next week.
A senior management worker, who stated this on the condition of anonymity on Monday, explained that the N9 billion represented 850 per cent of their basic salaries for four years.
He said, “A senator earns about N2 million basic salary per month while the basic monthly salary of a member of the House of Representatives is about N1.8 million.
“What the management usually do is to deduct upfront, 300 per cent as housing allowance, 300 per cent as vehicle allowance and 250 per cent as furniture allowance.
He added that when calculated, each senator would earn about N16.5 million while a member of the House of Representatives would collect about N14.5 per cent each.
He said, “A senator, for instance, will collect N6 million as accommodation allowance; N6 million as vehicle allowance; and N4.5 million as furniture allowance.”
The source added that the money would be paid directly into their individual bank accounts latest by next week.
He also added that other allowances such as the wardrobe allowance had been calculated and would be paid along with the other enumerated ones.
It will be recalled that the federal lawmakers started collecting accommodation allowances following the sale of the official residences of the National Assembly members in the Apo Legislative Quarters, sometimes in 2010 during the regime of former President Olusegun Obasanjo.

Section

0 comments
Livefyre
11 people listening
 
- See more at: http://nigeriacommunicationsweek.com.ng/other-business/nassembly-members-to-get-n9bn-jumbo-pay?utm_source=Verified+List&utm_campaign=81466e99a8-June_166_16_2015&utm_medium=email&utm_term=0_a560bb15f8-81466e99a8-48401225#sthash.M7Q8JXmL.dpuf

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