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Nigeria Senators Earn #30m Monthly - Politics - Nairaland

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Nigeria Senators Earn #30m Monthly by aburo7: 1:34pm On Apr 16, 2013
In the midst of economic hardship in the country,Nigerian senators are globally recognised to earn the largest allowances in the world.They earn in a month,what a US lawmaker earns in a year.
See the breakdown:

Basic Salary= #2,484,245.50
Hardship allowance:50% of Basic salary =#1,242,122.75
Constituency Allowance:200% of BS=#4,968,509.00
Furniture Allowance:300% of BS=#,7452,736.50
Newspaper Allowance:50%=#1,242,122.70
Wardrobe Allowance :25%=#621,061.37
Recess Allowance:10%=#242,424.55
Accommodation:200%=#4,968,509.00
Utilities:30%=#828,081.83
Domestic Staff:35%=#863,184.12
Entertainment:30%=#828,081.83
Personal Assistance:25%=#621,061.37
Vehicle Maintenance Allowance:75%=#1,863,184.12
Leave Allowance:10%=#248,424.55
One off Payments(severance gratuity):300%=#7,452,736.50
Motor Vehicle Allowance:400% of BS=#9,936,982.00

Total per month=#29,479,749.00

Source http://www.toniaodili.com/2013/04/nigeria-senators-allowances-exposed.html?m=0

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Re: Nigeria Senators Earn #30m Monthly by IGBOSON1: 3:29pm On Apr 16, 2013
It would be interesting to know how much these greedy bastards pay in tax!

In countries like the USA and UK, jumbo earners -like these greedy pigs- pay a higher rate of tax (up to 40% above a certain threshold). I think the Obamas paid up to 17% tax on their income for last year.

Imagine how much revenue this country could earn yearly if the gov't taxes the rich properly on assets like mansions, 2nd homes, luxury vehicles and private jets, while setting a higher income tax rate for high earners.

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Re: Nigeria Senators Earn #30m Monthly by obiajurum25: 4:22pm On Apr 16, 2013
In Nigeria,anything goes.I doubt if they even pay their taxes.This is sad, which work are they doing sef? .Just for seating down and saying I concour they get #30m.No wonder David Mark doesn't want to leave the Senate.
Moderator pls front page let all Nigerians be aware of our expensive system of democracy.
Re: Nigeria Senators Earn #30m Monthly by olumidazz: 4:31pm On Apr 16, 2013
All of u senators will be on a dana air soon. Oloshious lots

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