Deputy Speaker Justifies N150b NASS Budget | Independent Newspapers Limited
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Deputy Speaker Justifies N150b NASS Budget

Posted: Jun 16, 2015 at 9:24 pm   /   by   /   comments (0)

Deputy Speaker of the House of Representatives, Yusuf Lasun, has justified the annual budget of N150 billion for the National Assembly since 2010.

The amount was reduced to N120 billion in the 2015 budget in the face of dwindling federal revenue.

Lasun said the N150 billion, which many Nigerians have criticised, is not much, compared to the entire budget of Nigeria.

According to him, the amount is less than three percent of the total budget of the federal government, and the legislature, as a separate arm of government, has its own peculiarities.

“For the last three years, with the exception of 2015, the budget of National Assembly has been N150 billion, that is exactly 2.67 per cent of the total budget of the federation.

“The budget of the National Assembly is 2.67 per cent of the budget of the federation and so it is not overblown.

“People have suddenly forgotten and don’t know that there are 469 members in the National Assembly with each one having five aides paid from the N150 billion, with their technocrats.

“We have National Assembly commission, all of them draw their salaries and allowances from the N150 billion.

“When people talk, they say it is only the House of Representatives members and the Senators that collect the N150 billion but they forget that in the 2015 budget, the money has been reduced to N120 billion,” Lasun said.