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Nigerian Senators Earn More Than Barack Obama - Politics - Nairaland

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Nigerian Senators Earn More Than Barack Obama by PaulJohn1: 12:58am On Jul 27, 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.

http://9janewsmag.com/blog/2012/07/nigerian-senators-earn-more-than-barack-obama-see-these-statistics#.UBFNz_SI4Zg.facebook

6 Likes

Re: Nigerian Senators Earn More Than Barack Obama by PaulJohn1: 1:00am On Jul 27, 2012
cry cry
No wonder it's a do or die thing cry cry

2 Likes

Re: Nigerian Senators Earn More Than Barack Obama by PROUDIGBO(m): 1:28am On Jul 27, 2012
And you still wonder why non of them want a sovereign national conference undecided? Abi you wan come put sand for their garri?.....you wan scatter their hustle?

Nigeria is one massive scam (right from the late 60's to date), and if you're not in gov't; are not close to the corridors of power; have not been in gov't in the past to take your own cut; if you're not a gov't contractor or rent-seeker; if you're not a top civil servant; if you don't have a close relative that is in or has been near gov't in anyway; if non of the aforementioned applies to you, then there's a high probability that you're well and trully fuc/ked!!!

Thieving greedy scum, the lot of them.

6 Likes

Re: Nigerian Senators Earn More Than Barack Obama by PaulJohn1: 1:38am On Jul 27, 2012
PROUD-IGBO:
And you still wonder why non of them want a sovereign national conference undecided? Abi you wan come put sand for their garri?.....you wan scatter their hustle?

Nigeria is one massive scam (right from the late 60's to date), and if you're not in gov't; are not close to the corridors of power; have not been in gov't in the past to take your own cut; if you're not a gov't contractor or rent-seeker; if you're not a top civil servant; if you don't have a close relative that is in or has been near gov't in anyway; if non of the aforementioned applies to you, then there's a high probability that you're well and trully fuc/ked!!!

Thieving greedy scum, the lot of them.

I feel like cry right now. But can't we youth do something? just typing here on NL is not going to do nothing...... out of words

2 Likes

Re: Nigerian Senators Earn More Than Barack Obama by emiwanlee(m): 4:39am On Jul 27, 2012
na today?
Re: Nigerian Senators Earn More Than Barack Obama by dasparrow: 5:15am On Jul 27, 2012
Paul John:

I feel like cry right now. But can't we youth do something? just typing here on NL is not going to do nothing...... out of words

The problem is, the youths are not ready for change. This is why they are easily bought over to silence the critics of corrupt politicians. Don't you see the 40 men laptop crew here on nairaland? Most registered in June of this year and all their posts center around defending Jonathan Goodluck. Market women too have been bought over by Patience Jonathan who sing her praise to high heavens.

So, how can there be a revolutionary change in Nigeria when it seems like most Nigerians are not ready for change? Nigerians are not united and have never been. We have blatantly refused to speak with one voice. Maybe, when more countries treat Nigerians around the world with downright hostility like we have been seeing lately, maybe just maybe, we the youths will wake up. When we realize that we have nowhere to run to anymore because countries are denying us visas enmasse and those abroad are consistently being treated like crap, no one will remind us to put sentiments aside and start a revolution and send these corrupt politicians packing. Until then, let's keep on doing what we do best: suffering and smiling.

PS: I will be back on this thread to make sure my post did not grow wings and fly away into oblivion since lately a few of my posts have been mysteriously disappearing. Peace, out!

15 Likes

Re: Nigerian Senators Earn More Than Barack Obama by Nobody: 12:49pm On Jul 27, 2012
This our senators are milking naija dry. No wonder our Country is broke!
Re: Nigerian Senators Earn More Than Barack Obama by gulfer: 2:05pm On Jul 27, 2012
Paul John: 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.
You just beat David Mark to it, he never wanted this out in the media na. cheesy cheesy cheesy cheesy

3 Likes

Re: Nigerian Senators Earn More Than Barack Obama by Nobody: 2:34pm On Jul 27, 2012
They do more work than Barack Obama so they deserve it...

2 Likes

Re: Nigerian Senators Earn More Than Barack Obama by tonyx4x44(m): 2:36pm On Jul 27, 2012
Paul John: cry cry
No wonder it's a do or die thing cry cry
na today?
Re: Nigerian Senators Earn More Than Barack Obama by miteolu(m): 2:40pm On Jul 27, 2012
NIGERIAN SENATORS
1. Basic Salary
2. Hardship Allowanc:
3. Constituency allowance:
4. Furniture Allowance:
5. Newspaper allowance:
6. Wardrobe allowance:
7. Recess Allowance:
8. Accommodation:
9. Utilities:
10.Domestic Staff:
11.Entertainment:
12.Personal Assistance:
13.Vehicle Maintenance Allowance:
14.Leave Allowance :
15.One off payments (Severance gratuity):
16.Motor Vehicle Allowance:


OMG! A senetor pay slip will be 3 pages

4 Likes

Re: Nigerian Senators Earn More Than Barack Obama by gegee(m): 2:43pm On Jul 27, 2012
grand scale robbery
Re: Nigerian Senators Earn More Than Barack Obama by TheShopKeeper(m): 2:45pm On Jul 27, 2012
What a funny called Nigeria, it shows that we have got so much money in this country for developmental purposes.
Yet these people have failed to make any visible development in their consistuencies all around the country.
This country really needs a revolution right now, but who wants to start it.

This is so bad and a slap on the face of the common people, daylight robbery of the highest order.

1 Like

Re: Nigerian Senators Earn More Than Barack Obama by size38: 2:47pm On Jul 27, 2012
Nigeria's real enemies are law makers and the judiciary

1 Like

Re: Nigerian Senators Earn More Than Barack Obama by uncleb(m): 2:49pm On Jul 27, 2012
Minimum wage 18k

Yet, school fees in tens-hundreds thousand

Its compulsory to buy petrol @ 97/litter if not for car at least Gen

Electricity tariff 12.45kh,if you don't have a prepaid meter ,then your bill runs from 6k monthly.

I see a ten letter word, hmmm the distance (in number of years) may not even be up to the numbers of alphabets



R-E-V-O-L-U-T-I-O-N

4 Likes

Re: Nigerian Senators Earn More Than Barack Obama by OYINBOGOJU(m): 2:49pm On Jul 27, 2012
You wonder why they kill before they get there?

You have got the official estimate.

How about other backdoor payment directly from the presidency?

1 Like

Re: Nigerian Senators Earn More Than Barack Obama by Nobody: 2:50pm On Jul 27, 2012
Nigeria Senator in his rocking chair reading this and say;

"And so what " ! what are you goddam youths gonna do about it ?

Just watch how this thread won't exceed past 3 or highest 4 pages.

But if it were to be about some shallow things, it would cover 20 pages.

The Nigerian politician understands how citizenry mindset works.
Re: Nigerian Senators Earn More Than Barack Obama by Nobody: 2:55pm On Jul 27, 2012
And yet, they still shymmex the Subsidy facts and take bribes.....what a gang of thieves. They are just sharing the money. The Administrative Arm of Government is the most expensive arm, yet they do nothing.....

2 Likes

Re: Nigerian Senators Earn More Than Barack Obama by ifihearam: 2:56pm On Jul 27, 2012
Na today una dey know ni
Re: Nigerian Senators Earn More Than Barack Obama by greall1: 2:58pm On Jul 27, 2012
Nigerians are bland with all these thief politician
Re: Nigerian Senators Earn More Than Barack Obama by Nobody: 2:58pm On Jul 27, 2012
"Reads topic..reads it again...shakes her head...smashes her phone"

3 Likes

Re: Nigerian Senators Earn More Than Barack Obama by alaoeri: 2:59pm On Jul 27, 2012
Obasanjo caused all this when democracy returns in 1999, open the legislators eyes to money unrealistically, unnecessary allocations since then their allocations has being rising per regime & its 'll be difficult to subdue.

3 Likes

Re: Nigerian Senators Earn More Than Barack Obama by chally02(m): 2:59pm On Jul 27, 2012
greedy fools....no wonder the country is not growing, thier only mission is to enrich them selves, the most annoying thing is that they take their loot to banks abroad to keep instead of investing it in naija, at least jobs would b created..
Its time for the nigerians youths to wake up else i wonder hw nigeria will b in d nxt 50 years if things continue lyk dis

2 Likes

Re: Nigerian Senators Earn More Than Barack Obama by francis247(m): 3:00pm On Jul 27, 2012
na now una dey know? Nigerian politicians earn more than those of almost every developed country, hence the "do or die" nature of her politics.
Re: Nigerian Senators Earn More Than Barack Obama by Super1759: 3:00pm On Jul 27, 2012
Chineke meee..wonderful!! I still blame all these on LORD LUGARD.we need to start NIGERIA afresh

1 Like

Re: Nigerian Senators Earn More Than Barack Obama by cyril83(m): 3:00pm On Jul 27, 2012
Democracy is not working in nigeria and no type of government can work out in this cursed country,since our youth had no liver to rebel against the bad government,I hereby seek for what happened in the time of Noah need to happen in this God forsaken country!...iseeeee
Re: Nigerian Senators Earn More Than Barack Obama by Zzyzx92(m): 3:01pm On Jul 27, 2012
musKeeto: They do more work than Barack Obama so they deserve it...
Devilpunish Ūя̲̅ god-forsaken mouth!!! Which work do dey do than obama Ori e o kpe

2 Likes

Re: Nigerian Senators Earn More Than Barack Obama by slimbruced(m): 3:03pm On Jul 27, 2012
miteolu: NIGERIAN SENATORS
1. Basic Salary
2. Hardship Allowanc:
3. Constituency allowance:
4. Furniture Allowance:
5. Newspaper allowance:
6. Wardrobe allowance:
7. Recess Allowance:
8. Accommodation:
9. Utilities:
10.Domestic Staff:
11.Entertainment:
12.Personal Assistance:
13.Vehicle Maintenance Allowance:
14.Leave Allowance :
15.One off payments (Severance gratuity):
16.Motor Vehicle Allowance:


OMG! A senetor pay slip will be 3 pages


Lol.Dude this is shocking!
Re: Nigerian Senators Earn More Than Barack Obama by searchcorp(m): 3:04pm On Jul 27, 2012
POLIRONY

Derivation: a combination of politics and irony.

Meaning: when the dumbest lawmakers on earth earns more than the smartest lawmakers.

Example: the retardeens daily meal cost is a polirony.

David Mark's fear for polirony decrease in the nation has made him furious with nairalanders.
Re: Nigerian Senators Earn More Than Barack Obama by doofanc: 3:05pm On Jul 27, 2012
Stale news. Itsay Sagay, Sanusi, Wole Soyinka and even OBJ have all in the past spoken out and expressed alarm over this group of people milking the country dry in the name of legislating.

but they don't care
Re: Nigerian Senators Earn More Than Barack Obama by ypzilanti: 3:05pm On Jul 27, 2012
exactly what i keep saying. Why has no one organized a march on the national assembly?

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