Investigations have shown that the Nigerian lawmakers receive more allowances than was earlier assumed. The punch has revealed that the senators receiveN18,642,880 on annual basis just from allowances while the senators salary is at N2,026,400 per annum. While the annual salary of a House member is pegged at N1,985,212.50, the annual allowances add up to N15,286,135.25. These allowances are eight times higher than the salaries.
The President of the Senate and Deputy President of the Senate receive fewer allowances because most of their needs are fully provided for by the state, this also applies to the speaker and deputy speakers.
Each senator or a member of the House of Representatives is entitled to 19 different allowances.
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