Sen. Bashiru Reveals How Much Senators Earn Monthly

Sen Ajibola Bashiru (APC-Osun Central) has revealed the amount Nigerian senators earn monthly,

Bashiru who made the disclosure yesterday while speaking on the sideline of a programme organised by the Correspondents Chapel of the Kwara Council of Nigeria Union of Journalists (NUJ), stated that the senators earn less than N1million per month.

He stated that the basic salary of the senators was N700,000 out of which car loan of over N8 million is being deducted on a monthly basis.

“What I tell whoever that stands up to say senator collects jumbo pay is that they can also contest so that you can also collect jumbo pay” he said.

“The truth of it is that the take-home pay of a senator is about N700,000 per month. Aside from it is the car loan of over N8 million which is being deducted monthly.

He noted that senators are also entitled to six aides, paid by the National Assembly Service Commission and they are paid directly into senators account.

“Also, I am entitled to travel allowance and Eastacode which does not form part of the salary”, Bashiru said.

Speaking on the cost of running governance, Bashiru said there are about 38 structure systems in the country; the Federal Government, Federal Capital Territory and the 36 states of the federation with bureaucracies.

“The personnel cost of MDAs in Nigeria runs into billions if not trillion of naira. Let’s analyse Nigerian budget and see what goes into personnel.

“We are not focusing on this, but focusing on salaries of 109 senators and 360 representatives”.

The lawmaker added that if the National Assembly is scrapped, the country would only make marginal savings, if at all any savings, in the cost of governance.