Saraki Inaugurates Committee To Reduce Lawmakers’ Salaries?

Bukola Saraki, the Senate president, inaugurated an Adhoc committee to examine the senate finances and reduce lawmakers’ salaries to settle the best cost-effective regime in the 8th Senate.

According to Saraki, a 10-member committee, headed by Senator James Manager,  would look at the best strategy to align with the current administration’s efforts to ensure reduction in cost of governance.

He said the committee would ascertain details of salaries and allowances each senator deserves with a view to unraveling the ambiguity in the monthly salaries of legislators and their allowances.

2 committees were inaugurated today, Adhoc committee on finance to address the National Assembly budget & 2nd to draft Legislative agenda

— Bukola Saraki (APC) (@bukolasaraki) June 25, 2015

Committee on Finance 2 reduce our salary & that of Legislative agenda will continue to meet. 1ce we get ministerial list, we will reconvene — Bukola Saraki (APC) (@bukolasaraki) June 25, 2015

“The 8th Senate under our watch recognises the concerns raised by Nigerians about the cost of running office, most especially with the economic challenges facing our nation.

“The senate will be more transparent regarding all public funds spent for the purpose of paying salaries and allowances of legislators and ensure that distinction is sufficiently made between what a legislator actually earns and what was being spent to run and implement legislative business and committee activities,” he said.

Saraki pledged that the watchword in the senate’s financial issues would be fiscal conservatism and that the committee was mandated to carry out thorough fiscal examination on the senate finances.

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