Senators and members of the House of Representatives that
will constitute the 8th National Assembly and ministers to be appointed by
President-elect, Gen. Muhammadu Buhari (retd.), will on assumption of office receive
welcome perks amounting to N9bn.
The perks of office include the housing allowance which each
of the incoming office holder is entitled to receive once a year, the furniture
allowance which they are entitled to once in four years and motor vehicle loan
which they are entitled to once in their tenure.
The perks are some of the non-regular allowances that the
political office holders are entitled to as prescribed by the Revenue
Mobilisation, Allocation and Fiscal Commission.
According to Punch, there are other allowances, both regular and irregular ones,
but housing, furniture and motor vehicle are paid at the beginning of the
tenure of the office holders to ensure that they settle down appropriately.
Housing allowance for the political office holders is 200
per cent of their annual salaries; furniture is 300 per cent and motor vehicle
loan is 400 per cent.
The Senate President and the Deputy Senate President are not
entitled to this allowance because their own accommodation is to be provided by
the Federal Government.
Similarly, each member of the House of Representatives will
be paid N3, 970,425 as housing allowance on assumption of office.
This means that the 358 representatives will be collecting a
total of N1, 421,412,150 as housing allowance. Again, the Speaker and Deputy
Speaker of the House of Representatives are excluded from this allowance as the
Federal Government is to provide their own accommodation.
The principal officers of the National Assembly also
benefited from the sale of Government houses. As a result, the Federal Capital
Territory Administration is at present building new houses for the lawmakers
that will emerge as the Senate President, the Deputy Senate President, the
Speaker and the Deputy Speaker.
For furniture, each of the senators is to get N6, 079,200.
The furniture for both the Senate President and his deputy are to be fully
provided by the government. This means that 107 senators will get a total of
N650, 474,400 as furniture allowance. Furniture allowance is paid once in four
years
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