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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > News > Growing Hardship: Reps Slash Salaries by 50% Amid Growing Hardship
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Growing Hardship: Reps Slash Salaries by 50% Amid Growing Hardship

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Last updated: July 19, 2024 11:06 am
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2 years ago
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In response to the increasing hunger and frustration faced by citizens, members of the House of Representatives have resolved to reduce their salaries by 50 percent for the next six months.

The decision followed the adoption of an amendment to a motion’s prayer proposed by the Deputy Speaker of the House, Benjamin Okezie Kalu. Kalu emphasized the need for lawmakers to sacrifice 50% of their N600,000 monthly salaries to support struggling Nigerians.

Kalu explained that the salary reduction aims to aid the federal government in combating the escalating cost of foodstuffs and alleviate the hardships faced by the populace.

The Deputy Speaker’s amended prayer was to a motion by Rep Isiaka Ayokunle calling on proponents of the planned nationwide protests to throwaway the idea and engage the government in a dialogue.

Note that the prices of food items, transportation, electricity tariff amongst other have greatly skyrocketed and is still increasing on a daily basis.

Recalled that the Organised Labour have been at loggerheads with the government of President Bola Tinubu over the increase of salaries for workers.

Agreeing to cut down their salaries by 50 percent the 360 lawmakers will be forfeiting about N108 million monthly for the next six months.

The motion was unanimously adopted by lawmakers through a voice vote and referred to the committees on Humanitarian Affairs, Finance and Budget for compliance.

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