N’Assembly members to buy
N50m Abuja flats
Published June 4, 2017



Leke Baiyewu


Members of the National Assembly are currently
subscribing to a mortgage facility that will make
each lawmaker cough out N2 . 5 m every month,
SUNDAY PUNCH has reliably learnt .


It was gathered that the lawmakers are buying
flats in an estate close to Apo Legislative Quarters
in Abuja at N50 m each, while payment for each
unit will be spread over 20 months.


The Senate had, at the resumption of plenary on
April 4 , 2017 , entered an executive session , where
the mortgage facility was discussed behind closed
doors .


“An estate developer brought the idea, believing
that payment for the facility will be secure , being
that members of the National Assembly will have
regular income during the two - year payment
period. It is a smart move for the developer ,” a
senator who was at the meeting told our
correspondent.
The source said the legislators were facing
accommodation challenges in the Federal Capital
Territory.


He said, “The Chairman of Senate Services
Committee , Ibrahim , Gobir , announced that some
estate developers wanted to sell housing units and
those interested would pay in installment.
“You will put your name down if you are
interested and N2 . 5 m installment will be deducted
from your account monthly for 20 months . It is
more like the federal mortgage facility . ”
According to him , several senators who were
governors of their states had acquired houses in
choice areas in the country ’ s capital .
“The former governors have their houses in
Maitama , what will they do with mortgage
facility ? But I know those who applied for two
units – about five of them – and N5 m will be
deducted from their accounts every month .
“Also , it is like savings for those who want to
invest in it. Even if they do not subscribe to the
service , they will eventually spend the money
before the month ends. Sometimes , if you don ’ t
have the money to spend , you will manage
yourself . I just put down my name to show that. ”
The source also hinted that the opportunity might
be extended to the House of Representatives .
Some senators were said to have signified their
interest in the facility almost immediately after it
was announced , while some applied for two units .
He said some senators had formed groups in
which all members contribute a specific amount
monthly.
He said , “We have some of us who contribute N2 m
monthly – about 25 of them – and they rotate the
collection of N50 m by one member every month .”



Gobir could not be reached for confirmation and
details of the mortgage facility .
Calls made to his telephone line rang out on
Sunday . He also did not reply a text message sent
to him .


When asked about the mortgage facility on
Thursday , the Chairman, Senate Committee on
Media and Public Affairs , Senator Sabi Abdullahi,
who is also the Vice Chairman of the Committee on
Senate Services , said he was not aware of the
housing plan . “I don ’ t know anything about it, ” he
said .


www.punchng.com/nassembly-members-to-buy-n50m-abuja-flats/

that stupid self acclaimed best senator in the 8th senate,Dino melaye, will not stand up and condemn this ooo....

,

“An estate developer brought the idea, believing
that payment for the facility will be secure , being
that members of the National Assembly will have
regular income during the two - year payment
[/quote]

You can imagine, their salaries are unfetered while some states and some ministries are owing their staff months of salaries and these vermins feel this is a priority.
Oh Lord, hasten the peril of these nefarious bunch before they drive this country to extinction

See them crooks them-discussing the matter behind closes door on how to continually rip Nigeria off.Always united in crime.

At some points, I don't know what to type anymore... What's on my mind is stoning this goons to death...