Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly (764 Views)
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| Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly by vitality22(m): 8:17am On Apr 22, 2013 |
Can you beat this, a report published by news portal thestreetjournal.com, has put the total monthly remuneration package for each of 109 serving senators of the Federal House of Assembly at N29, 479, 749. The jumbo pay package which if calculated per annum is six times bigger than what is earn by President Barack Obama of the United States, also include provisions for a N1, 242,122.70 monthly newspaper allowance and another N621, 061.37 wardrobe monthly allowance for each of the lawmakers. Below is a breakdown of the total monthly earnings each senator in Nigeria as reported by the news portal. 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 Now just tell me why politicians wont commit atrocities just to become a senator including killing any body that comes their way. Is this not too much for a country like Nigeria? http://nigerianbulletin.com/nigerian-news/senators-milk-nigeria-dry-as-each-earns-n29-4m-monthly/ |
| Re: Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly by tinuolababy(f): 8:26am On Apr 22, 2013 |
see the allowance for personal assistance  . |
| Re: Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly by kama1210: 8:31am On Apr 22, 2013 |
na wao...see figures... .I for take 1st position... |
| Re: Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly by Chokolee(m): 8:40am On Apr 22, 2013 |
See newpaper allowance!!! Chai!! This people the read?? Nansence, these guys should be collecting 2M..this money is outragous! |
| Re: Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly by tinuolababy(f): 8:41am On Apr 22, 2013 |
@ kama, pray and fast to make it next time   |
| Re: Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly by kama1210: 8:57am On Apr 22, 2013 |
tinuolababy: @ kama, pray and fast to make it next time My dear..I go the hustle till I become Oga at the top. |
| Re: Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly by kama1210: 9:00am On Apr 22, 2013 |
mod, this piece for grace fp...abi. no be so,,,hit like before you waka pass. |
| Re: Wao: Senators Milk Nigeria Dry, As Each Earns N29.4m Monthly by Nobody: 10:15am On Apr 22, 2013 |
And the Reps earn almost as much |
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