About N1,126,614,234,434. 38 is spent yearly on salaries and allowances of political office holders by the Federal Government, the 36 states and the 774 Local Government Areas (LGAs).
The 17,774 beneficiaries include President, Vice President, Senate President, the House of Representatives Speaker, Deputy Speaker, ministers, governors, senators, members of the House of Representatives, judges, principal officers and members of the state Houses of Assembly,
commissioners and local government chairmen and their councillors.
Salaries take N94.959 billion and allowances cost about N1,031,654,689,033.18 (N1.031trillion).
Nigeria Labour Congress (NLC), Nigerian Bar Association (NBA), Trade Union Congress (TUC), Action Aid Nigeria(AAN) and 40 others have asked the Federal Government to reduce the cost of governance.
These facts are contained in a new document, “Policy Brief: Cost of Governance Series (2)”, which was compiled by the 43 civil society groups under the Citizens Wealth Platform (CWP).
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