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What Would Gmb Do About This by Rendezvou: 9:33am On Apr 06, 2015 |
Would the APC senators and honourables agree to a cut in their salaries and other allowances even if GMB attemps to slash their pays? Read what someone sent to me which many are aware of NIGERIA'S OVERPAID LEGISLATORS PLEASE, READ: THIS IS WHY EVERYBODY WANTS TO GO TO ABUJA. If you don't understand why those who are in Abuja don't want to return and those who want to go are doing so at all cost, look at this information. SPECIAL REPORT: SALARY OF NIGERIAN SENATORS. After reading through this Special Report, any shred of doubt in the reader's mind that Nigeria is doomed and heading for a headlong, downward plummeting will simply dissipate. The details of the remuneration of an average Nigerian Senator is detailed below: * Basic Salary (B.S) - N2,484,245.50 * Hardship Allowance (50% of B.S) - N1,242,122.70 * Constituency Allowance (200% of B.S) - N4,968,509.00 * Newspapers Allowance (50% of B.S) - N1,242,122.70 * Wardrobe Allowance (25% of B.S) - N621,061.37 * Recess Allowance (10% of B.S) - N248,424.55 * Accommodation (200% of B.S) - N4,968,509.00 * Utilities (30% of B.S) - N828,081.83 * Domestic Staff (70% of B.S) - N1,863,184.12 * Entertainment (30% of B.S) - N828,081.83 * Personal Assistants (25% of B.S) - N621,061.12 * Vehicle Maintenance Allowance (75% of B.S) - N1,863,184.12 * Leave Allowance (10% of B.S) - N248,424.55 * Severance Gratuity (300% of B.S) - N7,452,736.50 * Car Allowance (400% of B.S) - N9,936,982.00 * 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. |
Re: What Would Gmb Do About This by donnaira(m): 9:49am On Apr 06, 2015 |
mehn i better be a senator than a lawyer but more serious this guys are official thieves how many are they ? |
Re: What Would Gmb Do About This by khalidMohammed(m): 9:50am On Apr 06, 2015 |
...and they just go there to sleep ne fa. Anytime they are awake it means there is a fight |
Re: What Would Gmb Do About This by acenazt: 9:51am On Apr 06, 2015 |
let's keep our fingers crossed on this issue. GMB better have a solution to this issue. |
Re: What Would Gmb Do About This by Rendezvou: 12:25pm On May 31, 2015 |
PMB pls act fast. If at all they'll collect this pay during your tenure, it shouldn't be more than three times. Three months should be enough to slash this coveteous earnings. |
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