The housing allowances for members of the National Assembly may cost the country about N5.87bn yearly, according to findings from The PUNCH.
Prices of residential apartments in the highbrow areas of the Federal Capital Territory have surged by at least 60 per cent due to the high demand for houses by the newly inaugurated members of the national assembly, The PUNCH has learnt.
The agent further revealed that some of the senators have in the meantime decided to reside at short-let apartments pending the time they can buy their preferred residence outrightly. “I have also noticed that some senators prefer to stay in short lets apartments for the meantime before getting their apartments. For instance, I know someone that paid to stay in an apartment for N1m per month.”
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