See Why Everybody Wants To Be In Abuja (see This Salary Breakdown) - Politics - Nairaland
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Dino Melaye's Mercedes Vintage Cars Spotted In Abuja. See Photos / Lucky Igbinedion’s Mansion In Abuja (See The Multi-billion Naira House) / This Is Why Everybody Wants To Be In Abuja, View This Salary Breakdown,. (2) (3) (4)
| See Why Everybody Wants To Be In Abuja (see This Salary Breakdown) by codingmeru(m): 10:05am On Apr 07, 2015 |
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. Source: The Economist |
| Re: See Why Everybody Wants To Be In Abuja (see This Salary Breakdown) by jamex93(m): 10:07am On Apr 07, 2015 |
Ok |
| Re: See Why Everybody Wants To Be In Abuja (see This Salary Breakdown) by Nobody: 10:11am On Apr 07, 2015 |
These figures are mind blowing,even Saudi Lawmakers don't earn as much.... No wonder David Mark has refused to leave |
| Re: See Why Everybody Wants To Be In Abuja (see This Salary Breakdown) by Nobody: 10:18am On Apr 07, 2015 |
I laff...This is not good* |
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