The housing allowances for the newly appointed ministers may cost the country about N343.25m yearly.
With that annual allocation, in four years, the Federal Government will spend N1.37bn on the 45 ministers-designate’s accommodation.
The allowances are based on data collated from a document obtained from the website of the Revenue Mobilisation and Fiscal Allocation Commission.
Tinubu Unveils Confirmed List of Ministers with their Portfolios
It covers allowances for accommodation (200 per cent of basic salary), domestic staff (75 per cent of basic salary), utilities (30 per cent of basic salary), and furniture (300 per cent of basic salary).
Unlike other allowances paid monthly, furniture allowance is usually paid once in four years.
The President, Bola Tinubu, recently unveiled the portfolios of his ministers.
Despite calls to reduce the cost of governance, Tinubu has now surpassed Obasanjo, Yar’Adua, Jonathan and Buhari to nominate 48 would-be ministers, setting a new record since the country returned to democracy 24 years ago.
However, with the three yet to be approved, the total number of ministers has dropped to 45, which still exceeds previous administrations.
