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Salary: A Nigerian Senator Vs An Average Nigerian - Politics - Nairaland

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Salary: A Nigerian Senator Vs An Average Nigerian by StudentsNG: 5:38pm On Jun 13, 2018
FICTION: [s]A Nigerian Senator earns N10,000,000 salary monthly.[/s]

FACTS:

The official salary of a Nigerian Senator is about $2,000USD (Approx. N720,000) per month. However, there is an unjustified $37,500 (Approx. N13,500,000) additional monthly entitlement to each Senator (monthly total of: N14,220,000). This additional $37,500 is said to be used to 'run' the senator's office. While I'm not sure what is being 'run' with such lump-sum, I think it is good for us to know what their official take home is and how they compare with an average Nigerian.

MY FINDINGS:

- A senator's income (including expenses) is about ₦156,009,000 per year. It would take a Senator 61 MINUTES to receive what minimum wage income earner earns in 1 MONTH (before tax).

- With N18,000 minimum wage monthly salary, it would take a Nigerian approximately 722 YEARS and 3 MONTHS to earn a senator's ANNUAL income (including expenses). So a minimum wage Nigerian would need to have worked continuously from the year 1296 until now to receive what a senator does in ONE year.

- A senator's monthly income could buy about 694 bags of Mama Pride Premium Rice (50kg) while a minimum wage earner would need to borrow additional N2,500 to be able to afford 1 bag!

THE MESSAGE

While it is important to point fingers at our President, Governors, Pastors, etc., let us not forget that the change we seek should start with the Senators. They make laws, they ideally represent (or at least should) interests of the masses and if they take this amount home without worries, there is every reason to believe that majority of them are there for their private interests. We don't need change in the executive alone, the Law-making Arm also need the whirl-wind come 2019. Begin to route for the best guy to replace your lazy Senator now. If at all they have to take this amount, they should offer justifiable services to the rest of Nigerians! #MyTake

BASIS OF ANALYSIS:

1. Assumption: An average Nigerian is a minimum wage earner.
2. Exchange rates were based on $1USD = N360.
2. Salary Structure: Senator Shehu Sani, March 7, 2018.
3. Cost of 1 Bag of 50kg ama Pride Premium Rice (Jumia Online Store,June 13, 2018).

*** Follow me on Twitter (@Thewilfreds) to stay updated with my subsequent Facts-finding spree: https://twitter.com/thewilfreds
Re: Salary: A Nigerian Senator Vs An Average Nigerian by Viktom(m): 7:08pm On Jun 13, 2018
this rogues earn all this for sitting in comfort and arguing like market women, while the civil servants who work to make this country great earn less what a pity. wow 2 f.t.c in one day I hope this gets to the front page. seun abeg do the needful

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Re: Salary: A Nigerian Senator Vs An Average Nigerian by ahiboilandgas: 8:35pm On Jun 13, 2018
Viktom:
this rogues earn all this for sitting in comfort and arguing like market women, while the civil servants who work to make this country great earn less what a pity. wow 2 f.t.c in one day I hope this gets to the front page. seun abeg do the needful
the evil servant are also raking in millions from bribes and deals ....pension thieves are all civil servant
Re: Salary: A Nigerian Senator Vs An Average Nigerian by StudentsNG: 9:24pm On Jun 13, 2018
ahiboilandgas:
the evil servant are also raking in millions from bribes and deals ....pension thieves are all civil servant

You are right, some of the civil servants are corrupt too. It all goes to tell how a little dirt at the source of a stream circulate and affects the downstream. I'll have more to share on some of the extreme disparities in our society.
Re: Salary: A Nigerian Senator Vs An Average Nigerian by ahiboilandgas: 10:42pm On Jun 13, 2018
StudentsNG:


You are right, some of the civil servants are corrupt too. It all goes to tell how a little dirt at the source of a stream circulate and affects the downstream. I'll have more to share on some of the extreme disparities in our society.
nigerians have collectively and subconsciously agree to bring down the Nigerian state and stall it development ...from high paying senator to the evil servant to the sexpredator lecture and 50 naira bribe collecting police...to the ever striking health workers to international imagine damaging yahoo youth,to their pussy selling country women in europe...nigeria is incapable of becoming great
Re: Salary: A Nigerian Senator Vs An Average Nigerian by StudentsNG: 11:30pm On Jun 13, 2018
Who will bail the cat undecided

ahiboilandgas:
nigerians have collectively and subconsciously agree to bring down the Nigerian state and stall it development ...from high paying senator to the evil servant to the sexpredator lecture and 50 naira bribe collecting police...to the ever striking health workers to international imagine damaging yahoo youth,to their pussy selling country women in europe...nigeria is incapable of becoming great
Re: Salary: A Nigerian Senator Vs An Average Nigerian by ahiboilandgas: 11:50pm On Jun 13, 2018
StudentsNG:
Who will bail the cat undecided

no body the nation is doom ....try an get citizenship of other sane nation for ur kids Nigerian is a doom entity plus many mushroom African nations
Re: Salary: A Nigerian Senator Vs An Average Nigerian by Nobody: 12:06am On Jun 14, 2018
$37k monthly allowance per senator?
Mehn, there's so much waste in our system. Pitiful. undecided

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