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Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch - Politics - Nairaland

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Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by ijustdey: 3:33pm On Jan 08, 2023
The National Assembly’s proposed N30.17bn severance package exceeds the Revenue Mobilisation and Fiscal Allocation Commission’s provision by about N27.36bn, Sunday PUNCH has learnt.

Earlier, it was reported that the Senate President, Ahmad Lawan; the Speaker of the House of Representatives, Femi Gbajabiamila and other lawmakers in both chambers of the National Assembly would get N30.17bn as a severance package.

A severance package or gratuity is the money paid to lawmakers after their four-year tenure in office.

The provision was contained in the 2023 Appropriation Bill the National Assembly passed and signed by the President, Major General Muhammadu Buhari (retd).

However, Sunday PUNCH checks indicate that the National Assembly members were allocated about N2.81bn, with senators getting N664.94m while House of Representatives members would be paid N2.15bn.

The president of the Senate would receive N7.45m, the deputy senate president, N6.93m and the other 107 senators would get N6.08m each.

The Speaker of the House of Representatives is expected to receive N7.43m, the deputy speaker N6.86m and the 358 members N5.96m each.

The severance package of the lawmakers was collated from a document obtained from the website of the RMAFC.

According to the RMAFAC, political office holders were entitled to 300 per cent of their annual salary as a severance package.

Going by RMAFC’s recommendation, the lawmakers were supposed to receive N2.81bn instead of the N30.17bn budgeted by the National Assembly.

However, The PUNCH observed that the severance allowance was separate from other financial packages, which may be in place as retirement benefits or pensions for some of the political office holders.

The ninth National Assembly’s severance package was N7bn higher than what was approved by the Senator Bukola Saraki-led eighth assembly.

At the twilight of the Saraki-led assembly, the sum of N23.68bn was approved as a severance package for lawmakers at the time.

However, Lawan and Gbajabiamila claimed the N30.17bn would also cover the inauguration of the 10th assembly.

The sum of N10 billion was earmarked for the construction of the National Assembly Service Commission building and N2.5bn was set aside for the completion of the National Institute for Legislative and Democratic Studies headquarters located along Airport Road in Abuja.

In the N967.48bn statutory transfers, the Senate got N33.27bn and the House of Representatives got N51.99bn.

In a statement in October, RMAFC said it would begin the process of reviewing the remuneration for political, public and judicial office holders in the country.

In a telephone conversation with our correspondent, the commission’s spokesperson, Nwachukwu Christian, said that the Commission would consult with stakeholders with a view to reviewing public office holders’ pay.

He said that the agency would engage critical stakeholders to determine if the remuneration for political, public and judicial officeholders should be increased or decreased.

In June last year, the former Chairman of RMAFC, Elias Mbam, said the commission had completed plans to begin the review of the revenue allocation formula.

The review was targeted at the equitable distribution of the accrued revenue into the Federation Account to the three tiers of government and it was to be concluded before the end of 2021.

However, the commission failed to meet its deadline in 2021 and ended up submitting its report of the review of the vertical revenue allocation formula to the President, Major General Muhammadu Buhari (retd.), in April last year.

In the report, the proposed vertical revenue allocation formula was 45.17 per cent for the Federal Government, 29.79 per cent for state governments and 21.04 per cent for the local governments.

https://punchng.com/lawmakers-planned-severance-packages-exceed-rmafc-provision-report/?amp

4 Likes

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by rayvelez(m): 5:38pm On Jan 08, 2023
The scam house Assembly

171 Likes 8 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by LilMissRobbie(f): 9:37pm On Jan 08, 2023
You mean the House Of Rubber-stamps? Because they aren't representing anyone but themselves and whoever is in power

91 Likes 2 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by FuckDModz: 9:37pm On Jan 08, 2023
grin

But na Obinna be Kunle problem.

Hate will soon consume fools in this country while politicians continue to cash out and send their children abroad.

The funniest part is these politicians even acquire multiple foreign passports for themselves and their children, then come to Nigeria to steal to fund their lifestyle. Yet, fools will still gather to worship them and bash anyone not doing the same.

210 Likes 18 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by Zico5(m): 9:38pm On Jan 08, 2023
Awon oloriburuku. See what they are preparing for themselves. To be sincere, Nigeria can never get better untill we do away with these cancerworms and plunderers pervading our polity. We need independent person to rescue us, if not we are in deep mess.

72 Likes 6 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by hofeshhomes: 9:38pm On Jan 08, 2023
Your best real Estate Agency in Abuja

1 Like 1 Share

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by chukadiho1(m): 9:38pm On Jan 08, 2023
This modest though but this politicians doesn't deserve gratuity n severance package. There pockets is loaded already, Just for a four years service.

5 Likes 1 Share

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by seanwilliam(m): 9:38pm On Jan 08, 2023
How to make blood money in Nigeria,








Join politics grin

31 Likes 4 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by Racoon(m): 9:39pm On Jan 08, 2023
Criminals last looting of the carcass of a dying nation.
All the members of this disastrous 9th NASS stooges will forever go down in infamy.

19 Likes 3 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by unclejb2(m): 9:39pm On Jan 08, 2023
This government is all about corruption....

When was the last time you heard fighting corruption??

We must get it right this time around.

Peter Obi for president

36 Likes 2 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by webservice2: 9:39pm On Jan 08, 2023
Wow

I can also develop a website for you and teach you how to use it

1 Like

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by Ebukacute(m): 9:39pm On Jan 08, 2023
Bunch of thieves

8 Likes

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by Sandazblack: 9:39pm On Jan 08, 2023
These are the thieves Agbado boys are hailing, they ransack your common wealth and all you do is clap and hail them like some cursed people tueh

35 Likes 3 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by AntiChristian: 9:39pm On Jan 08, 2023
O Po o!
Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by Spactacle(m): 9:40pm On Jan 08, 2023
May God help this country.

That's all I can say

8 Likes

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by SpecialAdviser(m): 9:40pm On Jan 08, 2023
Anybody supporting these people deserve a shot walahi

12 Likes 2 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by LordEclipse: 9:40pm On Jan 08, 2023
ijustdey:


https://punchng.com/lawmakers-planned-severance-packages-exceed-rmafc-provision-report/?amp
..
This is nothing compared to the billions they steal while in office.cause they can't obviously afford the luxory they enjoy onsuch salaries stated above..

4 Likes 1 Share

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by kingsways: 9:40pm On Jan 08, 2023
it's ok by me
Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by H2ho(m): 9:41pm On Jan 08, 2023
angry
Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by grandstar(m): 9:41pm On Jan 08, 2023
The sums here are peanuts when you consider the considerable increases in the costs of goods and services under Buhari.

The Naira isn't the 199 to a dollar as it was in 2015. It's now 730.

1 Like

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by AzuNas: 9:41pm On Jan 08, 2023
Alright. . . . . . .Aje

Y dem no go die to go der. When dem come Abuja na to dey follow ashawo up and down.



Abeg

4 Likes 1 Share

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by SaintNegro77: 9:41pm On Jan 08, 2023
This country is full of shit. Where is the severance package for the poor masses. Anyways I don't blame any politician, I blame the stupid morons voting them in.

13 Likes 5 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by Bigchristo: 9:41pm On Jan 08, 2023
ijustdey:


https://punchng.com/lawmakers-planned-severance-packages-exceed-rmafc-provision-report/?amp
On top of this billions they will still not rest, Nigeria Politicians are the greediest sets of politicians in the world their hunger for money and power is undying and immeasurable

3 Likes 1 Share

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by CheapHomes1: 9:42pm On Jan 08, 2023
ijustdey:


https://punchng.com/lawmakers-planned-severance-packages-exceed-rmafc-provision-report/?amp

Kobonaire234 says there's no money. Nigeria is broke because nigerians aren't paying enough taxes and subsidy is Nigeria's problem. If Nigeria is broke where is this 30billion naira coming from?

Let's just keep financing the extravagance of politicians while Nigerians are taxed to finance social services

8 Likes 2 Shares

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by Nairalandar: 9:42pm On Jan 08, 2023
Until they scrap these useless HOUSES gulping our money or reduces their earnings to the bearest minimal the way private schools are dealing with Teachers and making people to run from teaching job, Nigeria can never get better!

4 Likes 1 Share

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by We4all: 9:43pm On Jan 08, 2023
Bogus severance pay for fighting on national television on a daily basis while primary school teachers wait endlessly to receive a monthly pension of less than 100K after wasting 35 years of their lives serving this horrible Government.

7 Likes 1 Share

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by saintmm(m): 9:43pm On Jan 08, 2023
The elected thie:es
Ndo O

1 Like

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by gasparpisciotta: 9:44pm On Jan 08, 2023
Yam eaters association

2 Likes

Re: Lawmakers’ Planned ₦30.17bn Severance Packages Exceed RMAFC Provision – Punch by funshint(m): 9:44pm On Jan 08, 2023
Sandazblack:
These are the thieves Agbado boys are hailing, they ransack your common wealth and all you do is clap and hail them like some cursed people tueh
That house consists of people from different political parties. Even if LP should get there, they get more than that. Politicians are all thesame.

2 Likes

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