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109 senators earn N1.4bn annually
109 senators earn N1.4bn annually
The annual earnings of the Nigerian Senators.

The Revenue Mobilisation Allocation and Fiscal Commission has said that each of the 109 senators in the upper chamber receives a total of N1.06m in salary and allowances per month.

It clarified this in response to recent controversies over the real amount each lawmaker earns per month.

This means each lawmaker earns N12.72m in 12 months and the Federal Government makes a total expenditure of N1.4bn annually for all senators.

The RMAFC Chairman, Mohammed Shehu, said this in a statement personally signed on Tuesday in Abuja.

A breakdown of their monthly earnings revealed that each Senator collects a monthly salary and allowances of N1,063,860, consisting of a basic salary, N168,866:70; motor vehicle fuelling and maintenance allowance, N126,650:00; and personal assistant, N42,216:66.

Others include domestic staff,126,650:00; entertainment, N50,660:00; utilities, N50,660:00; newspapers/periodicals, N25,330:00; wardrobe, N42,216,66:00; house maintenance, N8,443.33:00; and constituency allowance, N422,166:66.

The statement added, “It is instructive to note that some allowances are regular while others are non-regular. Regular allowances are paid regularly with basic salary while non-regular allowances are paid as at when due.

“For instance, furniture allowance (N6,079,200:00) and severance gratuity (N6,079,200:00) are paid once in every tenure, and vehicle allowance (N8,105,600:00) which is optional, is a loan which the beneficiary has to pay before leaving office.”

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