Despite the widespread hardship being experienced by most Nigerians, the President Bola Tinubu-led Federal Government is set to spend about N24 billion on the accommodation of lawmakers within the next four years.
Politics Nigeria reports that the Revenue Mobilisation and Fiscal Allocation Commission (RMFAC) revealed that the housing allowances for members of the National Assembly may cost the country about N5.87bn yearly.
The allowances covers accommodation for (200 per cent of basic salary), domestic staff (75 per cent of basic salary), utilities (30 per cent of basic salary), house maintenance (five per cent of basic salary), wardrobe (25 per cent of basic salary) and furniture (300 per cent of basic salary).
From the total amount, the housing allowances of the Senators will cost about N1.38bn yearly.
The amount for the Senate President and Deputy Senate President was not disclosed by the RMAFC. Therefore, the amount covers only the allowances for the 107 senators.
A breakdown shows that N4.05m was allocated for accommodation, N1.52m for domestic staff, N607,920 for utilities, N101,320 for house maintenance, N506,600 for wardrobe allowance, and N6.08m for furniture allowance.
The housing allowances of the House of Representatives members will cost N4.49bn yearly.
The amount for the Speaker and Deputy Speaker was not disclosed by the RMAFC.
Since the allocations for the Senate President and his deputy, and the Speaker and his Deputy were not disclosed.
