It has been reported by Naija News that due to the presence of over 400 National Assembly members and approximately 500 support staff, there is a natural expectation for residential apartment prices to increase significantly.
The Federal Government might be paying about N23.48 billion for housing allowances for members of the National Assembly for their four-year tenure.
While it was learnt that the housing allowances of the 107 Senators excluding the Senate President and Deputy Senate President which was not disclosed will cost about N1.38 billion yearly, housing cost for 356 members of the House of Representatives will cost N4.49 billion yearly.