Break down of annual salaries of a Nigerian Senator :

Basic Salary (B.S) – N2,484 245.50

Hardship Allowance (50 per cent of B.S) – N1,242 122.70

Constituency Allowance (200 per cent of B.S) – N4,968 509.00

Newspapers Allowance (50 per cent of B.S) – N1, 242 122.70

Wardrobe Allowance (25 per cent of B.S) – N621, 061.37

Recess Allowance (10 per cent of B.S) – N248, 424.55

Accommodation (200 per cent of B.S) – N4,968 509.00

Utilities (30 per cent of B.S) – N828 081.83

Domestic Staff (70 per cent of B.S) – N1 863,184.12

Entertainment (30 per cent of B.S) – N828,081.83

Personal Assistants (25 per cent of B.S) –N621, 061.12

Vehicle Maintenance Allowance (75 per cent of B.S) – N1, 863 184.12

Leave Allowance (10 per cent of B.S) – N248, 424.55

Severance Gratuity (300 per cent of B.S) –N7, 452 736.50

Car Allowance (400 per cent of B.S) – N 9,936 982.00

TOTAL MONTHLY SALARY = N29 479 749.00, ($181 974.00)

TOTAL YEARLY SALARY = N29 479 749.00 x 12 = N353, 756 988.00 ($2, 183 685.00)

EXCHANGE RATE: $1 = N162

LEGISLATORS PAY WORLDWIDE PER ANNUM

Britain – $105 400.00
United States – $174 000.00
France – $85 900.00
South Africa – $104 000.00
Kenya – $74 500.00
Saudi Arabia – $64 000.00
Brazil – $157 600.00
Ghana – $46 500.00
Indonesia – $65 800.00
Thailand – $43 800.00
India – $11 200.00
Italy – $182 000.00
Bangladesh – $4,000.00
Israel – $114 800.00
Hong Kong – $130 700.00
Japan – $149 700.00
Singapore – $154 000.00
Canada – $154 000.00
New Zealand – $112 500.00
Germany – $119 500.00
Ireland – $120 400.00
Pakistan – $3 500.00
Malaysia – $25 300.00
Sweden – $99 300.00
Sri Lanka – $5 100.00
Spain – $43 900.00
Norway – $138 000.00

In terms of lawmakers’ salaries as a ratio of GDP per capita, the gap is even much wider. While the salary of a Nigerian lawmaker is 116 times the country’s GDP per person, that of a British member of parliament is just 2.7 times. The average salary of Nigerian worker based on the national minimum wage is N18 000.00, so the yearly salary is N18 000.00 x 12 = N216 000.00 ($1 333.00) Remember, Yearly Salary of Nigerian Senator = $2 183 685.00 Proportion: $2 183 685.00/$1 333.00 = 1 638

It will take an average Nigerian worker 1,638 years to earn the yearly salary of a Nigerian Senator.”

Source: The Economis

And now do you still wonder why they jump fences?

But seriously, guys people dey play with our future o

Take tissue kiss

And why is this not making FP?

Where are the MODS?

Politics in Nigeria is a money making venture, as against serving the people.

TheUnblinded:
Break down of annual salaries of a Nigerian Senator :

Basic Salary (B.S) – N2,484 245.50

Hardship Allowance (50 per cent of B.S) – N1,242 122.70

Constituency Allowance (200 per cent of B.S) – N4,968 509.00

Newspapers Allowance (50 per cent of B.S) – N1, 242 122.70

Wardrobe Allowance (25 per cent of B.S) – N621, 061.37

Recess Allowance (10 per cent of B.S) – N248, 424.55

Accommodation (200 per cent of B.S) – N4,968 509.00

Utilities (30 per cent of B.S) – N828 081.83

Domestic Staff (70 per cent of B.S) – N1 863,184.12

Entertainment (30 per cent of B.S) – N828,081.83

Personal Assistants (25 per cent of B.S) –N621, 061.12

Vehicle Maintenance Allowance (75 per cent of B.S) – N1, 863 184.12

Leave Allowance (10 per cent of B.S) – N248, 424.55

Severance Gratuity (300 per cent of B.S) –N7, 452 736.50

Car Allowance (400 per cent of B.S) – N 9,936 982.00

TOTAL MONTHLY SALARY = N29 479 749.00, ($181 974.00)

TOTAL YEARLY SALARY = N29 479 749.00 x 12 = N353, 756 988.00 ($2, 183 685.00)

EXCHANGE RATE: $1 = N162

LEGISLATORS PAY WORLDWIDE PER ANNUM

Britain – $105 400.00
United States – $174 000.00
France – $85 900.00
South Africa – $104 000.00
Kenya – $74 500.00
Saudi Arabia – $64 000.00
Brazil – $157 600.00
Ghana – $46 500.00
Indonesia – $65 800.00
Thailand – $43 800.00
India – $11 200.00
Italy – $182 000.00
Bangladesh – $4,000.00
Israel – $114 800.00
Hong Kong – $130 700.00
Japan – $149 700.00
Singapore – $154 000.00
Canada – $154 000.00
New Zealand – $112 500.00
Germany – $119 500.00
Ireland – $120 400.00
Pakistan – $3 500.00
Malaysia – $25 300.00
Sweden – $99 300.00
Sri Lanka – $5 100.00
Spain – $43 900.00
Norway – $138 000.00

In terms of lawmakers’ salaries as a ratio of GDP per capita, the gap is even much wider. While the salary of a Nigerian lawmaker is 116 times the country’s GDP per person, that of a British member of parliament is just 2.7 times. The average salary of Nigerian worker based on the national minimum wage is N18 000.00, so the yearly salary is N18 000.00 x 12 = N216 000.00 ($1 333.00) Remember, Yearly Salary of Nigerian Senator = $2 183 685.00 Proportion: $2 183 685.00/$1 333.00 = 1 638

It will take an average Nigerian worker 1,638 years to earn the yearly salary of a Nigerian Senator.”

Source: The Economis

And now do you still wonder why they jump fences?

But seriously, guys people dey play with our future o

Take tissue kiss

My Friend though it is obvious that the Senators take home pay is outrageous, what you and whoever that did that calculated is wrong. Do they pay severance package, car allowance, leave allowance and some others on a monthly basis. Don't exaggerate the Truth to gain attention

make one senator just dash me hin salary for one month omo I no go remain the same again I go be the richest man in oru ijebu,money is good

Ferdinandu:
My Friend though it is obvious that the Senators take home pay is outrageous, what you and whoever that did that calculated is wrong. Do they pay severance package, car allowance, leave allowance and some others on a monthly basis. Don't exaggerate the Truth to gain attention

Do you have a calculator? Now might be a good time to use it. Afterwards, you can come back and refute stuffs. In the meantime, don't be a sadist please.

TheUnblinded:


Do you have a calculator? Now might be a good time to use it. Afterwards, you can come back and refute stuffs. In the meantime, don't be a sadist please.

Don't really care because the problem in this Country is not how much we know that they take home but how much we don't know which they take home.