The cars, 109 Prado Landcrusiers for Senators and 360 Toyota Camry 2011 model, are supposed to be returned to management of the National Assembly before the week runs out but according to an agreement reached with the National Assembly management, the Senators and the House of Reps members will pay 30% of the original cost of the cars so that those interested can keep the cars. The 30% will be deducted from their severance pay.
A member of the National Assembly Management team who spoke on the condition of anonymity, said
"The cars have been used for four years, so this valuation has taken cognizance of the years of depreciation. The vehicles are not taken away free of charge and as a matter of fact, it is optional. A lawmaker who does not want to go with the vehicle will submit it to the National Assembly and it will be so documented. The deduction will be done from their severance package at source, which makes it easier. It is a practice that has been on over the years".
According to the source, the National Assembly Members were in 2011 when they assumed office for another tenure, given 300% from their salaries as loans for cars, 250% as Furniture loans and 300% as housing loans.
Lawmakers who took car loans worked out a plan with their banks where their salaries were being paid for the banks to automatically deduct a percentage from their salaries to pay their car loans.
According to the source
“The loans were obtained for the lawmakers through the banks where their salary accounts are domiciled, hence the bankers usually deduct certain percentage agreed upon from their monthly payments to service the car, housing and furniture loans.”he said
Deputy House Majority Leader, Leo Ogor, confirmed the report and said they will take their operational vehicles away if they want to but will pay some money for the car.
“I don’t know what the amount will be; but I know that the cars are not for free. The management of the National Assembly will work it out and communicate to members accordingly”, he said.Source: Punch
37 comments:
That's ok
Ok.
Seen.
Wasteful Country
Fair enough.
Ok, that's cool
#ITwillONLYgetBETTER
#itMUSTendINpraise
Its a reasonable amount to be surcharged.
So the government will have to spend another billions purchasing another cars? That's outrageous and a waste of resources. The buhari government should reduce the cost of governance by cutting all these excesses.
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Na wa o yet they say they are there to serve..meanwhile I still dey pay #150 from 2nd rainbow to oshodi..it is well.
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Na wa o
Good for them. The budget of the national assembly should be reviewed cos they earn far more than their counterparts in other parts of the world.
$.
$.
@Carlos via Nokia Lumia
Its in order.same goes in other well organized industries.
The value of the car should be worth it@30% .For cars bought in 2011 and thoroughly utilized,the percentage placed on second hand purchase is ok.
I no just understand all dis percentage ish, what I know is dat government should cut cost biko. Linda take note!
I no just understand all dis percentage ish, what I know is dat government should cut cost biko. Linda take note!
HMMMMMMMM....NO B SMALL THNG OOH...TOMJERRYSWIT
a.k.a EDWIN CHINEDU AZUBUKO said..
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A practice that just started and not over the yrs abeg.....
.
.
***CURRENTLY IN JUPITER***
Their own good o
...and a child somewhere in their various constituencies can't afford healthcare, education and so much more.
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*Talk shit & get dropped like a bad habit*
Love you Bro.
»» Laud ChicK ««
30 percent really?!! After bleeding the country dry!!!! What type of humans do we elect into office sef?!!
Kk oooh
Let dem finish ourr money
These are the people that's making Nigeria
difficult for others to live....
Yes o, its too much
Una de try
Mtschewww
Its not bad if they are going to pay for it.
Ka! No wonder dat in Nigeria d rich get richer, and d poor get poorer wit tins like dis. Wht a shame.
How can you pay 30% of the value of the vehicle when you already secured a loan to buy it at original price? The full value at the time they purchased it is what should be deducted from their severance package. In fact this should be between the individuals and their bankers. Shouldn't concern the govt. Govt should've taken the full value of the vehicles from the bank at the onset. In fact why should they even have severance packages? This is more like a contract job with option for renewal.
Nt gud enof @ll, we r saying der is no money n dey expect d govt 2 gt new cars worth millions 4 d new members abi? Dey r mad
Tooo wasteful, y gv dem cars like dat in d 1st place, at least dey won't take it away for free.
#*karlishah*
It's ok since the new senator coming in won't want to drive used cars it's better they sell it off to the current users to avoid loads of used cars parked everywhere there
Make I go take on bottle of star
It's ok since the new senator coming in won't want to drive used cars it's better they sell it off to the current users to avoid loads of used cars parked everywhere there
Make I go take on bottle of star
Did you even read the entire post? u just saw the headline and rushed to comment! Olodo!!!
Okay in what sense...
OKORO UPGRADED**
We hear
This policticians are enjoying big time
Ok.
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