President Barack Obama’s total pay last year was
$400,000, which is about $34,000 monthly. The pay package
of the world’s most powerful leader was revealed
Friday as America’s First Couple revealed their tax
filings for 2012.
With President Obama already pledging a 5 per
cent pay cut, the couple’s income will most likely
head southwards in 2013.
In Naira terms, Obama earns about N64million
yearly from his work as the President of the United
States of America, a country three-tenths the size
of the African continent.
The revelation immediately forces a comparison
with the obscenely jumbo pay Nigeria’s lawmakers
receive.
Nigerian senators currently draw a scandalous
N180 million illegal allowance each annually,
making them the world’s highest paid lawmakers.
This excludes their basic salary – a far lesser figure
-and essential allowances approved by the
Revenue Mobilization, Allocation and Fiscal
Commission.
It also does not include allowances and estacodes
the senators draw while on committee work within
and outside the country.
A member of the House of Representatives also
receives N144 million as allowances.
The principal officers for the two chambers receive
far much more, with the Senate President said to be
drawing an allowance of N250 million every
quarter, making the allowances N1billion yearly.
Here is a full picture of the salary of the Nigerian
senator :
NIGERIAN SENATORS
Basic Salary (BS) = N2,484,245.50
Hardship Allowance: 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
The issue still remains whether Nigeria’s
lawmakers can justify this payout in a country
ravaged by poverty, where more than 80 per cent
of the people live on less than a dollar a day.
Does anybody know the total emoluments for
Nigeria’s ministers and the President?

Front page pls

Nigeria is dead.

They've really fooled us in this country.

Please let us add that of the President, his ministers, the Governors and their commissioners, let us start with security vote of the executive guys.