Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,346 members, 7,954,405 topics. Date: Friday, 20 September 2024 at 06:14 PM |
Nairaland Forum / Nairaland / General / Politics / Nigerian Lawmakers Are Highest Paid In The World! (1386 Views)
Nigerian Lawmakers Increases MTN Fine To $15.6 Billion / Oyegun Slams Jonathan, Tells Why APC Lawmakers Are In Scuffle For Leadership / Most New Ekiti Lawmakers Are Touts – APC (2) (3) (4)
Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 3:02pm On May 31, 2013 |
Nigeria ranks among the highest exporters of crude oil in the world. Billions of dollars accrue to Nigeria from the sales of crude oil and the economy of the country is built on the revenues from crude oil exports. In spite of the huge revenues that come into Nigeria on daily basis, the Nigerian government is among the borrowing nations of the world. Nigeria is among the poorest nations in the world with risky level of infant mortality rate; malnutrition and child killer diseases, poor educational and health systems; crime and other social mischiefs are on the increase. In the midst of these calamities torturing the people of Nigeria, the Nigerian lawmakers goes home monthly with a whopping and staggering amount. Recently, the lawmakers met to increase the basic salary for civil servants from 7,000 to 18,000 naira monthly; that is from about 46 to 120 US dollars per month. Millions of others are unemployed while few are employed in the private sector where the take home pay is far bellow the civil servants’. The pressure in the Nigerian society has become so tensed that people are being forced into different kinds of crime for survival. How much is the pay package of the Nigerian lawmakers? How Much Do Nigerian Lawmakers Earn? Professor Itse Sagay, a renowned scholar of law in his lecture titled; ‘Legislating for the Common Good: Contemporary Issues and Perspectives’, to mark the 47th birthday anniversary of the Lagos State Commissioner for Information and Strategy, Comrade Opeyemi Bamidele, berated the attitude of the Nigerian lawmakers as being cruel and tantamount to betrayal of the trust placed on them by the electorate. He explained that Nigerian lawmakers at the lower and upper chambers of the National Assembly are the highest paid legislators in the world. Professor Sagay explain that a senator in Nigeria earns 240 million naira (about 1.7 million US dollars) in salaries and allowances and a member of the House of Representatives earns 204 million naira (about 1.45 US dollars) per annum. There are 109 Senators and 360 members of the House of Representatives. He went on to explain that an American Senator earns 174,000 US dollars while a UK parliamentarian earns about 64,000 US dollars per annum. Going by the above analysis, a Nigeria Senator earns almost ten times the salary of his US counterpart and more than twenty times the salary of a UK parliamentarian. He also said that in 2009, the federal legislators received a total of 102.8 billion naira, comprising 11 billion naira as salaries and 90.96 billion naira as non- taxable allowances. He wondered how justified it is for a Nigerian lawmaker to earn more than the president of the United States of America which is undoubtedly the largest and richest economy in the world. President Barack Obama, earns $400,000 per annum; 1.3 million US dollars lesser than the salary of a Nigerian senator. He said that the British Prime Minister, Mr. David Cameron earns just $190,000 a year which is more than 1.5 million US dollars less than a Nigerian senator’s salaries. Professor Sagay also said that the Senate President is on a special monthly salary of 88.33 million naira, while his deputy is on 50 million naira; 1.24 billion naira is paid as quarterly allowances to the 10 principal officers of the Senate, while other principal officers earn 78 million naira every three months. The situation has gone so bad that more than 70 per cent of national income now goes into paying salaries and allowances of political office holders who form less than one per cent of the Nigerian population. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 3:04pm On May 31, 2013 |
^^^^^ and to pay a minimum wage of 18000 Naira is too much?!?! God help us in this country. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 3:05pm On May 31, 2013 |
They even earn more than Obama!!!! |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Chanchit: 3:23pm On May 31, 2013 |
After working so much, you have to earn so high nau. . I jsut open teeth, but na cry I dey cry. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 3:59pm On May 31, 2013 |
^^^^^^^^^^ so $99000/month for our senate president - a public worker - is justified when Russia's president takes home less than $200000/annum? 1 Like |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 4:07pm On May 31, 2013 |
What Obama earns in 1yr, GEJ spends on food in 12days. LMAO Nigerians, the biggest cowards on the face of the earth, deserve the Govt they get. But, then again, you cant blame them when they got some that'll support corruption, greed, and a malfunctioning society by giving this wreck of a Govt 98.9% votes when election time comes around. 1 Like |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 4:14pm On May 31, 2013 |
kingoflag: What Obama earns in 1yr, GEJ spends on food in 12days.Sad but unfortunately true. People need to realize how much top officials like Angela Merkel earn -roughly $300000, more or less. Only then will they realize that we are being f**ked by those at Aso rock. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 4:20pm On May 31, 2013 |
This goes to show that the federal legislators (and the Presidency too) need to massively cut down their salaries and allowances. $99,000/month is just the height of absolute insensitivity! |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 4:27pm On May 31, 2013 |
I need to tell my mum to hit nigeria |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 4:29pm On May 31, 2013 |
^^^^^ I'm starting to think the only reason they aspire to get those positions is cause of the huge, albeit unreasonable, stipend. Yet they still embezzle so much even after their obscene wages. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 4:30pm On May 31, 2013 |
tdade: ^^^^^ I'm starting to think the only reason they aspire to get those positions is cause of the huge, albeit unreasonable, stipend. Yet they still embezzle so much even after their obscene wages. Duh! That's why politics in Naija is mostly a "do or die" affair. They know that a million dollar annual salary is at stake, plus other kick-backs. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 4:32pm On May 31, 2013 |
adaobi123: I need to tell my mum to hit nigeriaAda, you want to come chop our oil money, bah? Biko, we no do. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Sunnybobo3(m): 4:34pm On May 31, 2013 |
Sorry for asking, Do ACN and CPC members of the National Assembly also collect these payments? |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 4:35pm On May 31, 2013 |
Sunny_bobo: Sorry for asking, Do ACN and CPC members of the National Assembly also collect these payments? Yes, they do. 1 Like |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 4:36pm On May 31, 2013 |
Sunny_bobo: Sorry for asking, Do ACN and CPC members of the National Assembly also collect these payments?yes, they do. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 4:37pm On May 31, 2013 |
tdade: Ada, you want to come chop our oil money, bah? Biko, we no do. joke tings |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 4:40pm On May 31, 2013 |
tdade: Sad but unfortunately true. People need to realize how much top officials like Angela Merkel earn -roughly $300000, more or less. Only then will they realize that we are being f**ked by those at Aso rock. They know, and I bet you the people would rise if everyone came onboard as one entity but when the people are divided along tribal and religious lines nothing will be achieved because the Govt knows that theres a section of the country that'll support it even when it is clearly wrong. A good example is when the riots happened over fuel subsidy removal. Another example are the constant excesses of the Jonathan Administration. In other climes, GEJ wouldve been forced to resign after the 2nd gaffe he ever committed. This is a President that has committed crime after crime against the Nigerian State yet hes still in power, why? Because he has a blank check from those thatll support him based on his religion and tribe. So, dont think they dont know, they do know, but a certain section of Nigeria will rather cut their nose to spite their face all in the name of tribe and religion. 1 Like |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 4:42pm On May 31, 2013 |
To put it into more perspective, U.S. Senators and Representatives only earn about $100,000 per year, with the principal officer earning a little more! The Governor of California earns $170,000 a year. Also, President Obama pays for his and his guests' meals on 'Airforce 1', and pays for his laundry from his salary |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Sunnybobo3(m): 4:51pm On May 31, 2013 |
CFCfan: If the opposition parties partake in such monumental fraud, does it then mean that these opposition parties are not what the say they are? |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 4:55pm On May 31, 2013 |
Sunny_bobo: That's classic hypocrisy from them. For the opposition to have some credibilty, they have to call for a reduction of the obscene emoluments they receive annually. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 6:02pm On May 31, 2013 |
adaobi123:I know! |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 6:04pm On May 31, 2013 |
CFCfan: To put it into more perspective, U.S. Senators and Representatives only earn about $100,000 per year, with the principal officer earning a little more! The Governor of California earns $170,000 a year.Also, a certain percent of Obama's $400000 is taxable. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 6:10pm On May 31, 2013 |
CFCfan:truth is, they make all sorts of promises during campaign including reduction of wages. In my opinion, if they are serious about it, they should start making noise whilst in/out of office. To cap it all off, the media hardly report about it. Just imagine if this was the case in the US. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by BlackBaron: 6:22pm On May 31, 2013 |
This information has been known for quite a while, yet... Then will come the obligatory huffing and puffing on this thread until they grudgingly accept the status quo and go back to their jobs. Meanwhile, I'll stake a bet that another would be back to resurrect the same fact on a new thread weeks later. Reason why politics is do or die in Nigeria. 1 Like |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 8:28pm On May 31, 2013 |
BlackBaron: This information has been known for quite a while, yet...^^^^ unfortunately true. This will continue and we'll keep ranting on and on. |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 9:20pm On May 31, 2013 |
Question is when would Nigerian Youths go on the streets to protest against corruption? |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Sunnybobo3(m): 9:25pm On May 31, 2013 |
GenBuhari: Question is when would Nigerian Youths go on the streets to protest against corruption? @GenBuhari, is Buhari aware that legislators from his party CPC collect these allowances? If he is aware, what has he done about it? |
Re: Nigerian Lawmakers Are Highest Paid In The World! by 50calibre(m): 9:53pm On May 31, 2013 |
Yet more than 50 % of Nigerians live below a dollar daily. Nigeria is just a joke |
Re: Nigerian Lawmakers Are Highest Paid In The World! by Nobody: 9:58pm On May 31, 2013 |
tdade: They even earn more than Obama!!!! Should Obama be the highest earning politician in the world? |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 10:08pm On May 31, 2013 |
J12:not necessarily but considering the fact that US is the world's greatest nation, then ideally so. Your question should be: should our senators and house of reps members earn 3 times more than Obama and 7 times more than Putin? Then what does our president earn? |
Re: Nigerian Lawmakers Are Highest Paid In The World! by tdade(m): 10:10pm On May 31, 2013 |
50calibre: Yet more than 50 % of Nigerians live below a dollar daily. Nigeria is just a jokeYep. The rich keep getting richer whilst the poor get poorer. |
(1) (Reply)
Forbes Most Powerful Women 2013 List Is Wrong Says Office Of The First Lady / Oil Discovered In Benin Republic By A Nigerian Firm / Hon. Patrick Obahiagbon's New Year Resolution - No More Big Grammar!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 57 |