FG Spends N1.4bn Annually on 109 Senators, Breakdown Emerges
- The federal government has finally opened up on what is being budgeted for 109 senators' annual salaries and allowances
- The government, through the RMAFC, disclosed that each Nigerian senator earns N1.06 million monthly in salaries and allowances
- An analysis of the disclosure reveals that the federal government allocates at least N1.4 billion annually to cover senators' salaries and allowances
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), a federal agency, has disclosed that each Nigerian senator receives N1.06 million per month in salaries and allowances.
The agency issued the clarification in response to controversies surrounding the monthly earnings of the 109 Nigerian senators.
Source: Twitter
How much does Nigerian senator earn annually?
In its analysis of the figures released by RMAFC, The Punch reported that each senator earns N12.72 million annually. The report added that this also means an annual federal expenditure of N1.4 billion for the 109 senators.
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Mohammed Shehu, the RMAFC chairman, disclosed the figures in a statement issued in Abuja on Tuesday, August 13.
Breakdown of a Nigerian senator's salaries
In the statement, Shehu said the monthly salary and allowances of a Nigerian senator is N1,063,860.
Providing a breakdown, the RMAFC chairman stated that the N1.06 million includes a basic salary of N168,866.70, a motor vehicle fueling and maintenance allowance of N126,650.00, and a personal assistant allowance of N42,216.66.
He also stated that the N1.06 million includes N126,650.00 for domestic staff, N50,660.00 for entertainment, N50,660.00 for utilities, N25,330.00 for newspapers/periodicals, N42,216.66 for wardrobe, N8,443.33 for house maintenance, and N422,166.66 for constituency allowance.
Shehu explained that regular allowances are paid alongside the basic salary, while non-regular allowances are paid on demand. Examples of non-regular allowances include a furniture allowance of N6,079,200.00 and a severance gratuity of N6,079,200.00, both paid once per tenure, and a vehicle allowance of N8,105,600.00, which is an optional loan to be repaid before leaving office
Delta senator debunks death rumour
Legit.ng earlier reported that Ned Nwoko, Delta North senator and husband to Nollywood star Regina Daniels, has said the report of his death in Switzerland was false.
The Delta senator also denied the claim of purchasing a car for a content creator, adding that such is baseless and misleading.
Regina Daniels' husband further threatened to take legal action against those spreading such rumours in the media.
Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.
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