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What Our Leaders Go Home With. Where Is The Future? - Politics - Nairaland

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What Our Leaders Go Home With. Where Is The Future? by Zulele: 10:05pm On Jul 26, 2012
A Nigerian senator earns more in Salary than Barack Obama of the US and David Cameron of the UK. I'll leave you to tell how much Nigerian president goes home with at the end of each month. An Indian lawmaker must work for at least 49 years to earn the annual salary of a Nigerian senator.

In the United States, while the minimum wage is $1,257 (N191, 667), a US lawmaker earns $15,080 (N2.3m) per month. In the United Kingdom, a lawmaker earns $8,686(N1.3m) monthly while the gross national minimum wage is $1,883 (N283, 333) per month. Also, Nigerian lawmakers earn higher than their counterparts in Sweden. With a monthly pay of $7,707 (N1.2m), a lawmaker in Sweden will need to work for over 12 years to equal what a Nigerian senator earn per annum.

The president of the United States takes home an anual salary of $400,000 (N64.156,0m), including a $50,000 expense allowance making the president the highest paid public servant in the US. The $400,000 includes everything and $350,000 out of it is taxable.

Selected States (salary per annum)
The prime minister of the United Kingdom......USD 226,627.00
French president......................................... USD 318,072.00
South African president................................USD 296,112.00
German chancelor........................................USD 296,112.00
The Prime Minister of Belgium.......................USD 174,804.00
President of the Republic of Korea.................USD 136,669.00
President of Russia.......................................USD 122,652.00
Prime Minister Portugal.................................USD 129,730.00
Prime Minister Namibia.................................USD 115,155.00
President of Angola......................................USD 60,000.00
President Argentina......................................USD 55,139.00
Prime Minister Ukraine..................................USD 61,254.00
President Zimbabwe.....................................USD 18,000.00
President of People's republic of China...........USD 10,633.00
President Liberia..........................................USD 90,000.00
Prime Minister Spain ...................................USD 102,960.00
Prime Minister Namibia................................USD 115,155.00
President Namibia.......................................USD 164,506.00
President of Colombia ................................USD 120,685.00
Prime Minister of the Netherlands.................USD 190,740.00
Prime Minister Ireland.................................USD 264,000.00
Prime Minister Denmark..............................USD 264,533.00
President Mexico........................................USD 328,839.00
USD 328,839.00 ........................................USD 427,886.00
President Austria........................................USD 422,231.00
President of the European Council................USD 508,916.00

NIGERIAN SENATORS
Basic Salary (BS) = N2,484,245.50

Hardship Allowanc: 50% of Basic Salary = N1,242,122.75

Constituency allowance: 200% of BS = N4,968,509.00

Furniture Allowance: 300% of BS = N7,452,736.50

Newspaper allowance: 50% = N1,242,122.70

Wardrobe allowance: 25% = N621,061.37

Recess Allowance: 10% = N248,424.55

Accommodation: 200% = N4,968,509.00

Utilities: 30% = N828,081.83

Domestic Staff: 35% = N863,184.12

Entertainment: 30% = N828,081.83

Personal Assistance: 25% = N621,061.37

Vehicle Maintenance Allowance: 75% = N1,863,184.12

Leave Allowance : 10% = N248,424.55

One off payments (Severance gratuity): 300% = N7,452,736.50

Motor Vehicle Allowance: 400% of BS = N9,936,982.00

Total per month = N29, 479, 749.00

A senator's anual salary = over N182 million
multiply by 109 senators (don't forget the House of rep, ministers, ambassadors, ...)

In addition to the regular and legitimate salaries and allowances of over N17 million ($113,333) and N14.99 million ($99,933) which senators and reps were collecting yearly and the irregular allowance of estacodes, duty tours etc, they were also collecting over N192m ($1.28m) and N140m ($0.93m) respectively in illicit quarterly allocation which is not provided for by RMAFC.

Effectively, a Nigerian senator was taking home at least $1.40m ($1.28m quarterly allocations + $0.113m regular salaries and allowances) as against the $0.174m an American senator takes home hence a Nigeria senator earns at least 8 times as much as an American senator and more than 3 times the American president.

Whereas a Senator in the U.S earns N21, 146,000, the same as a member of the House of Representatives; a UK Member of Parliament earn £64,766 (N14, 896,180)

In other words, a Federal Legislator in Nigeria is paid more than double what a Member of British Parliament earns per annum.

Senate President David Mark alone takes N250 million quarterly or N83.33 million per month. Senate Deputy President Ike Ekweremadu gets N150 million per quarter or N50 million a month.

Mark and Ekweremadu earns in 4 months, six times what the UK Prime Minister earns in a year. David Cameron goes home with £190,000 per anum (N43, 700,000)

In a newspaper news article entitled ‘An Assembly for looting’ written by Musikilu Mojeed with Elor Nkereuwem, the authors rightly claimed that each of the 360 members of the House of Representatives were getting N35 million in cash money in quarterly allocation while each of the 109 Senators pockets N48 million each. These allocations have however been slashed by 20% to N27 million ($180,000) and N38 million ($253,333) respectively due to the 20% reduction requested by the late president.

Please tell me, how do we expect this banana republican hell fire to become a country tomorrow.
Do you still ask why Nigerian politics is a do or die affair?
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Re: What Our Leaders Go Home With. Where Is The Future? by mutiply: 10:13pm On Jul 26, 2012
WTF,d next time ngozi will open her mouth to say dat naija is broke,she will die in her sleep.if she cannot swim wit dem,resign or fight for d masses
Re: What Our Leaders Go Home With. Where Is The Future? by ayodeji1(m): 6:13am On Jul 27, 2012
Reading this post alone can cause one a heart attack.
Re: What Our Leaders Go Home With. Where Is The Future? by dasparrow: 6:24am On Jul 27, 2012
You should know by now that as a country we have no future. Not at the rate with which we are going spending willy nilly. I feel sorry for all those babies that are being born to Nigerian parents daily. They are not aware they are being born into a country whose leaders have sold her birthright and future for a plate of porraidge.
Re: What Our Leaders Go Home With. Where Is The Future? by chuks49(m): 6:29am On Jul 27, 2012
Its immoral to be a member of the National Assembly.
Re: What Our Leaders Go Home With. Where Is The Future? by ektbear: 6:44am On Jul 27, 2012
Just pray to God that one day you too will get the chance to loot lead Nigeria
Re: What Our Leaders Go Home With. Where Is The Future? by edoyad(m): 7:01am On Jul 27, 2012
ekt_bear: Just pray to God that one day you too will get the chance to loot lead Nigeria

I would rather die than pray to be put in a position where I can loot Nigeria. Even right now, it's hard enough for one to withdraw his meagre pay from the ATM without feeling bad for people who have to collect their more meagre salaries
Re: What Our Leaders Go Home With. Where Is The Future? by Beaf: 7:19am On Jul 27, 2012
mutiply:
WTF,d next time ngozi will open her mouth to say dat naija is broke,she will die in her sleep.if she cannot swim wit dem,resign or fight for d masses

You just talk like you have no home training.

If she has been fighting for you, don't you realise that you have only cursed yourself?
99% of Nigeria's problems stem from the ordinary Nigerian. In all my travels, I have never ever come across a single country where the people are even a tenth as wicked and unprincipled as the average Nigerian.

Dude, even when people are fighting for you, you are too unprincipled, uncultured, and savage to realise; your thought processes are too base, animalistic and instinctive to grasp the kernel.

Its a pity that Nigeria is cursed with so many feral beings.
Re: What Our Leaders Go Home With. Where Is The Future? by Beaf: 7:24am On Jul 27, 2012
@topic

The NASS is a real burden on Nigeria, but the country is too fragmented to even fight back now that there is a President willing to eyeball them and cut off the so-called "constituency projects" that they pad the budget with every year (plain stealing). When the reps threatened to impeach GEJ over that point, animals like multiply (who is here wishing Okonjo Iwealah dies in her sleep) were the ones egging them on. Talk of crass stup!dity! embarassed
Re: What Our Leaders Go Home With. Where Is The Future? by mutiply: 8:28am On Jul 27, 2012
^
hav been followin her reports and frm d look of tins,she is nt coherent,u pple always hide d truth,i will keep sayin it "naija govt can be define as one who wants to treat d symtoms of a fever rather dan d diseases".she shud nt come to say such again whn we all knw wht shud be done .its like an insults to us.do u pple raeally tink dat all nigerians ar reatards?
Re: What Our Leaders Go Home With. Where Is The Future? by engrtee(f): 9:14am On Jul 27, 2012
Hmm,..i just changd my mind..,.i must contest for hause of asembly
Re: What Our Leaders Go Home With. Where Is The Future? by henzly(m): 9:39am On Jul 27, 2012
i no fit shout...

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