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An additional breakdown reveals that the Senate President’s annual primary wage is N2.48m, whereas the Deputy President’s is N2.31m. Solely 5 of the 19 allowances assigned to the Senate President and his deputy had been assigned particular figures.
The disclosed allowances embrace constituency allowance, responsibility tour allowance, Estacode, Recess allowance, and severance gratuity. The Senate President’s allowances will value about N33.29m, which features a N6.21m annual constituency allowance, N248,424.25 annual recess allowance, and N7.45m for severance gratuity. The Deputy Senate President’s allowances are estimated to value the nation about N30.94m, which incorporates N5.77m annual constituency allowance, N230,916.70 annual recess allowance, and N6.93m for severance gratuity. Different senators will obtain N2.03m as primary annual wage and N72,137,440 in complete allowances.
The entire salaries of the 107 senators shall be N868.3m, whereas their allowances will value N7.72bn.
Moreover, the Speaker of the Home will obtain an annual wage of N2.48m, whereas the Deputy Speaker will obtain N2.29m. The Speaker’s allowances shall be about N18.33m, which incorporates N2.48m yearly for constituency allowance, N247,711 annual recess allowance, and N7.43m severance gratuity.
The Deputy Speaker’s allowances shall be pegged at about N17.16m, which incorporates annual N2.29m for constituency allowance, N288,703 for recess, and N6.86m for severance gratuity. Different members of the Home of Representatives will obtain N1.99m every as primary annual wage and N58.76m in complete allowances. The salaries of the 358 Home of Representatives members will value N2.84bn, whereas their allowances are estimated at N21.04bn.
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