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Lawmakers are looking for bank loans for housing in Abuja



Federal legislators have begun discussing with representatives of various banks operating within the National Assembly on how to obtain loans to meet their housing challenges pending payment of their welcome package.

Surveys conducted by Latest Nigeria News on Saturday revealed that members of the ninth national assembly were still waiting for their welcome package about a month after its inauguration.

The money, which has been established conservatively between N65m and N70m for each legislator, is intended for housing, personal vehicles, quarterly tasks and others for furniture and clothes.

A senator from the South-South geopolitical area declared to our correspondent in anonymity condition on Friday that he had approached the banks because he was tired of sleeping in hotels.

He said, “Part of my plans pending the payment of our allowances is to secure a loan facility that I could use to buy land and pay one-year rent within the Abuja city centre.

“I know that before the expiration of my one-year rent, I would be able to supervise the construction of my own building project. I hope to repay the loan whenever our allowances are paid.

“I actually got the idea from a discussion with some of my colleagues who have started the process.”

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Attempts to get the official reaction of the Chairman, Senate Ad hoc Committee on Media and Publicity, Senator Adedayo Adeyeye, failed on Saturday as his phones did not connect when our correspondent called his mobile lines.

He had also yet to reply the text message sent to him as of the time of filing this report.

However, a principal officer of the Senate who spoke on condition of anonymity said there was no law forbidding any Nigerian from seeking loans.

He said, “Taking loans is a personal issue and it is legal. There is no law that stops anybody from taking loans.”

But a member of the Senate ad hoc committee on welfare told our correspondent on Saturday that necessary arrangements had been perfected to ensure payment of the lawmakers’ welcome package latest by this week.

He, however, explained that the amount would not be up to N70m as reported in the media.

The ranking senator said, “We have concluded all arrangements with the management for the disbursement of the money which is necessary for us to settle down.

“Many of our colleagues are still living in hotels since they arrived in Abuja incurring huge bills.”