Posted by Amarachi on Mon 19th Aug, 2024 - tori.ng
He shared his personal experience, explaining that despite his senatorial income, he had to subsidize his own life after leaving his company to enter governance.
Elisha Abbo
The former lawmaker that represented Adamawa North in the Senate has revealed in an interview that his total monthly pay and perks when he was a lawmaker were N14.4 million.
In an interview on Arise TV, Abbo noted that the current salary for senators is around N29 million ($18,000 USD).
Abbo explained that when he was a senator, his salary was a little over one million naira but he took home N14.4 million monthly, including allowances.
However, he said it was not a lot of money, considering that he made more money from his business.
Asked about what senators currently earn, he said they earn N29million monthly, including their allowances but that the amount is not huge.
He said: "29 million looks big just on paper. I am saying this as a very honest man."
He added that the National Assembly "is an institution so vilified and I have been a member of that vilified institution for five years."
He reiterated that the monthly salary and allowances of senators is not too much.
"It is not humongous," he said when the host referred to the N29million monthly pay that senators receive amid economic hardship in Nigeria.
Watch a part of the video below;