Jumbo Package: N'Assembly Members To Receive N8.64bn Allowance Next Week

The newly worn in members of the National Assembly will receive a staggering N8.64 billion as allowances next week.

The allowances range from furniture, housing and to vehicle, which the lawmakers are entitled to.

It had already been revealed that a senator earns about N2m basic salary per month while the basic monthly salary of a member of the House of Representatives is about N1.8m.

 According to reports, each senator for instance, will collect N6m as accommodation allowance; N6m as vehicle allowance; and N4.5m as furniture allowance. Allowances such as the wardrobe allowance had been calculated and would be paid along with the other enumerated ones.

A source disclosed that explained that the N9bn represented 850 per cent of their basic salaries for four years.

“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".

The source added that the money would be paid directly into their individual bank accounts latest by next week.