Headlines
We Don’t Earn N13m Monthly Salary – Lawan Clarifies NASS’ Members Allowances
The President of the Senate, Ahmad Lawan, on Monday, revealed the salaries and emoluments of members of the National Assembly to the public in Abuja.
Lawan also said the President Muhammadu Buhari had surpassed his predecessors on assent to bills.
He stated this in a paper presented at the First Distinguished Parliamentarians’ Lecture Series organised by the National Institute for Legislative and Democratic Studies.
The President of the Senate said the monthly salary of a senator was N1.5m, while that of a member of the House of Representatives was N1.3m.
He said the N13m thrown into the public space a few years back as the monthly salary of a senator was actually their quarterly office running allowance.
Lawan said, “The total salary of a member of the Senate is about N1.5m, while that of a member of the House of Representatives is about N1.3m.
“The quarterly office allowance for legislators is what is erroneously conflicted with the monthly income to create confusion and mislead the Nigerians.
“The average office running cost for a senator is about N13m, while that of a member of the House of Representatives is N8m.”
When calculated by our correspondent, the N13m office running cost for a senator amounts to N52m per annum, while the N8m for a member of the House of Representatives amounts to N32m in a year.
Lawan’s lecture was titled, ‘The Legislature, Legislative Mandate and People – The Reality and the Public Perception’.
He said the N13m and the N8m quarterly office running cost for members of the Senate and House of Representatives respectively were the lowest of any presidential democracy in the world.
The allowances as enumerated by him cover costs of local/international travels, consulting of professional services, medical services, office stationeries/computers, consumables, books, newspapers, magazines, maintenance of motor vehicles and office equipment, among others.
Lawan added that Buhari had surpassed all his predecessors on signing bills into law with 84 already assented to by him.
He said the President’s record surpassed that of any of his predecessors.
Lawan stated, “President Umaru Musa Yar’ Adua (2007-2010) gave 38 bills presidential assent; Goodluck Jonathan (2010-2015) assented to 40 bills, while President Muhammadu Buhari assented to 84 bills within the last two and half years in office.
He added that the 9th National Assembly had within the last two and half years initiated a total of 2,500 bills, which were in different stages of legislative procedures.
“The 9th National Assembly is not a rubber-stamp parliament, but one geared towards ensuring that the required synergy exists between the legislature and the executive for good governance in Nigeria.”
Buhari, in his speech, which was read by the Secretary to the Government of the Federation, Boss Mustapha, said a stronger executive-legislative partnership would deepen democracy in the country.
He noted that presidential democracy in Nigeria had experienced successful transitions from one administration to the other, adding that it had also witnessed a smooth handover from an incumbent to the opposition party.
Buhari, however, said the executive arm of government would continue to build on the existing good working relationship with the legislature to ensure that the interest of every Nigerian was advanced and public good delivered.
He stated, “Our democracy has similarly been confronted by several challenges, some novel, that required hitherto unanticipated solutions, while others, though familiar, required adaptation to meet prevailing circumstances.
“In other situations, the executive-legislative relationships have come into focus, especially as it concerns the exercise of powers enshrined in the Constitution and the practice of checks and balances.”
The Speaker of the House of Representatives, Femi Gbajabiamila, stated that “democracy thrives when competing views and opposing visions of the future can be freely espoused, assessed and critiqued in the marketplace of ideas so that only those positions that can withstand critical analysis become policy and law.”
According to him, the lecture series is in furtherance of the shared commitment of the 9th National Assembly and the NILDS to expand the civic space and enlarge the marketplace of ideas where citizens can engage constructively to find solutions that will shape the nation’s future.
The Punch
The General Council of the World Trade Organization (WTO) has agreed by consensus to reappoint Dr. Ngozi Okonjo-Iweala as Director-General for a second four-year term, set to begin on 1 September 2025. This decision reflects broad recognition of her exceptional leadership and strategic vision for the future of the WTO.
The reappointment process, initiated on 8 October 2024, was overseen by Ambassador Petter Ølberg of Norway, Chair of the General Council. With no additional nominations submitted by the 8 November deadline, Dr. Okonjo-Iweala stood as the sole candidate. The process was conducted in a fully open and transparent manner, adhering to the WTO’s “Procedures for the Appointment of Directors-General” (WT/L/509).
During a special General Council meeting on 28-29 November 2024, Dr. Okonjo-Iweala outlined her forward-looking vision for the WTO. Following her presentation and a Q&A session with members, the Council formally endorsed her reappointment by consensus.
Ambassador Ølberg praised her achievements, stating:
“The General Council commends Dr. Ngozi Okonjo-Iweala for her outstanding leadership during her first term. Amid significant global economic challenges, she strengthened the WTO’s ability to support its members and set a forward-looking agenda for the organization. Her leadership was instrumental in securing meaningful outcomes at pivotal moments, including the 12th and 13th Ministerial Conferences (MC12 and MC13), where major milestones were achieved.”
He continued:
“As we look ahead, the Council fully supports Dr. Okonjo-Iweala’s commitment to ensuring that the WTO remains responsive, inclusive, and results-driven. Her leadership will be critical as the organization continues to advance a resilient, rules-based, and equitable global trading system.”
Background
Dr. Ngozi Okonjo-Iweala first assumed office as Director-General on 1 March 2021, becoming the first woman and first African to lead the WTO. Her first term concludes on 31 August 2025. Her reappointment highlights the strong support for her efforts to enhance the WTO’s relevance and capacity in addressing the evolving challenges of global trade.
Source: wto.org
The Federal Capital Territory Administration (FCTA), on Thursday, published a list of 9, 532 alleged land title debtors in Abuja, giving them a two-week ultimatum to settle their outstanding bills.
The list, which includes prominent individuals and government agencies, was published on November 26, with defaulters expected to pay for their certificate of occupancy (C-of- O) within the stipulated timeframe.
Among those listed as defaulters is former Head of State, Ibrahim Badamosi Babangida (IBB), who owes N152 million for a plot of land in Asokoro, a highbrow area in the nation’s capital. IBB, who ruled Nigeria from 1985 to 1993, is not the only high-profile individual on the list.
Other notable defaulters include Samuel Ortom, former governor of Benue, who owes N950,000 for a plot of land in Bazango, and Aminu Tambuwal, senator representing Sokoto south, who owes N18 million for a plot of land in Carraway Dallas.
The FCTA has threatened to revoke the land titles of defaulters who fail to settle their bills within the stipulated timeframe. The administration has urged defaulters to settle their bills by e-payment to the “FCT department of land administration” account.
In addition to individual defaulters, some federal agencies, including the Nigerian Financial Intelligence Unit (NFIU), the navy, and police, were also named as defaulters.
The Lagos governor’s lodge in Asokoro, the Kaduna state government, and ‘State House Abuja’ were also listed as land title debtors.
This development is not the first time the FCTA has taken steps to recover outstanding debts from landowners. In June this year, the administration set up a committee to recover over N29 billion owed by property owners.
The committee has since identified 430 individuals and organisations as defaulters, with plans to prosecute them.
The FCTA has also partnered with anti-graft agencies, including the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC), to check the activities of land grabbers in the territory.
The Senate has granted approval to the ₦1.77 trillion ($2.2b) loan request of President Bola Tinubu after a voice vote in favor of the request.
The Senate presided by Deputy Senate President, Barau Jibrin, approved the loan after the Senate Committee on Local and Foreign Debts chaired by Senator Wammako Magatarkada (APC, Sokoto North) presented the report of the committee.
The request which was submitted by the President on Tuesday is part of a fresh external borrowing plan to partially finance the N9.7 trillion budget deficit for the 2024 fiscal year.
Tinubu had on Tuesday written to the National Assembly, seeking approval of a fresh N1.767 trillion, the equivalent of $2.209 billion as a new external borrowing plan in the 2024 Appropriation Act.
The fresh loan is expected to stretch the amount spent on debt servicing by the Federal Government. The Central Bank of Nigeria recently said that it cost the Federal Government $3.58 billion to service foreign debt in the first nine months of 2024.
The CBN report on international payment statistics showed that the amount represents a 39.77 per cent increase from the $2.56bn spent during the same period in 2023.
According to the report, while the highest monthly debt servicing payment in 2024 occurred in May, amounting to $854.37m, the highest monthly expenditure in 2023 was $641.70m, recorded in July.
The trend in foreign debt servicing by the CBN highlights the rising cost of debt obligations by Nigeria.
Further breakdown of international debt figures showed that in January 2024, debt servicing costs surged by 398.89 per cent, rising to $560.52m from $112.35m in January 2023. February, however, saw a slight decline of 1.84 per cent, with payments reducing from $288.54m in 2023 to $283.22m in 2024.
March recorded a 31.04 per cent drop in payments, falling to $276.17m from $400.47m in the same period last year. April saw a significant rise of 131.77 per cent, with $215.20m paid in 2024 compared to $92.85m in 2023.
The highest debt servicing payment occurred in May 2024, when $854.37m was spent, reflecting a 286.52 per cent increase compared to $221.05m in May 2023. June, on the other hand, saw a 6.51 per cent decline, with $50.82m paid in 2024, down from $54.36m in 2023.
July 2024 recorded a 15.48 per cent reduction, with payments dropping to $542.50m from $641.70m in July 2023. In August, there was another decline of 9.69 per cent, as $279.95m was paid compared to $309.96m in 2023. However, September 2024 saw a 17.49 per cent increase, with payments rising to $515.81m from $439.06m in the same month last year.
Given rising exchange rates, the data raises concerns about the growing pressure of Nigeria’s foreign debt obligations.
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