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Wednesday, May 04, 2011

253 Reps to lose jumbo pay

About 260 members of the House of Representatives will not return in June when the Seventh Session of the National Assembly will be inaugurated.

Out of the number, seven won election into the Senate. The remaining 253 members lost out during their parties primaries and the general elections.

With their failure to secure re-relection into the House, they have therefore bid bye to the monthly jumbo salary of N10.59m paid each of them from the public treasury.

The jumbo pay excludes allowances and other perquisites not listed as salary but which each legislator is believed to be getting from the public purse.

Comparatively, an Indian lawmaker needs to work for 34 years to earn what a member of the House of Representatives earns annually.

The Speaker of the House, Mr. Dimeji Bankole, who confirmed the that the 260 lawmakers will not return in June, said that only “about 100 out of the 360-member legislature” were re-elected.
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