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Nigerian Lawmakers Are Highest Paid Worldwide by londonrivals: 8:41am On Jul 27, 2013
The jumbo salary being paid Nigerian legislators, which ranked the highest in the world, according to a new study, has attracted sharp criticisms from across the country, including from economists and lawyers.

“This democracy is satanic. We have to review this democracy. The cost of maintaining the lawmakers is outrageous. What they are taking is too much,” said Nigerian professor
This is even as the minimum wage in Nigeria is among the very least in the world. The standard of living for the average Nigerian is getting worse, but all those holding political positions are living large…

A report by The Economist revealed that Nigerian federal legislators with a basic salary of $189,500 (N30.6m) per annum were the highest paid lawmakers in the world.
 Quoting data from the International Monetary Fund and The Economist magazine of London, the study looked at the lawmakers’ basic salary as a ratio of the Gross Domestic Product per person across countries of the world.
According to the report, the basic salary (which excludes allowances) of a Nigerian lawmaker is 116 times the country’s GDP per person of $1,600.

The $189,500 earned annually by each Nigerian legislator is even 52 percent higher than what legislators in Kenya, who are the second highest paid in the world, earned.
An Associate Professor of Economics at the Ekiti State University, Dr. Abel Awe, said the lawmakers’ jumbo salary was indicative of the huge gap between the poor and the rich as well as between the ruler and the ruled.

He said it is unfortunate that Nigeria is running the costliest democracy in the world.
“This is part of the reason why 70 per cent of the nation’s budget is allocated to re-current expenditure. We are using a huge chunk of the nation’s resources to service just less than 1,000 people in a country of over 160 million people.


“We are running the costliest democracy in the world. We can’t develop this way when we spend huge money to service a few people. How will you get money for productive activities to expand the economy? An average Nigerian cannot access good medical care, good roads and other basic things of life when the legislators are smiling to the bank,” he said.

An economist, Mr. Henry Boyo, said the study had shown clearly that the cost of governance in Nigeria is very high.
Boyo, who noted that the cost of governance was predicated on the provisions of the Constitution, said it was high time Nigerians cried against the bloated cost of governance.

He said, “Our legislators’ actions or salaries are actually accommodated by the Constitution. In the past, we had less money and we had enough as a country. People are asking for a change of Constitution.
“It is unfortunate that it is the people who will do it that are the ones in charge. The legislators will not vote against themselves.”

The Chairman, Nigerian Bar Association, Ikeja Branch, Mr. Monday Ubani, said the legislators had created “a big hole” in the nation’s treasury.
Ubani said, “This is a fact already and well known to Nigerians and the world. It is not a new story. What is baffling is that their legislative output is not commensurate to the amount of salaries and allowances they are earning.


“Take for instance, the ongoing constitution amendment. Their propositions and submissions on almost all the important clauses are at variance with that of the sovereign Nigerians. Both Houses have created a big hole on our national treasury.”
On his part, human rights lawyer, Mr. Bamidele Aturu, lamented the wide disparity between the earnings of the citizens and their legislators, who according to him, are the idlest, yet earn the most in the world.


“We are running a parody of democracy in this country. It is a democracy for the rich. The people are getting poorer for building a nation, while the politicians are getting richer for doing nothing. Those who are not creating wealth in the country are sitting on the wealth of the people, and those who are creating the wealth, the workers, are being paid peanuts.

SOURCE- www.metronaija.com/nigerian-lawmakers-are-highest-paid-worldwide/
Re: Nigerian Lawmakers Are Highest Paid Worldwide by Nobody: 8:57am On Jul 27, 2013
Sad. Very sad! Its no longer news though! So, how do we expect to move forward?
I think we need total overhauling of the system! Corruption has eaten deep into it!

And someone will open his mouth and tell me GEJ is the problem or that Boko Haram is our problem!

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Re: Nigerian Lawmakers Are Highest Paid Worldwide by seannopo(m): 9:09am On Jul 27, 2013
If it were about child bride, u will see people commenting. This is a very serious issue that people should raise serious alarm about. Yesterday I read about the salaries of ministers in nigeria, and the report quotes that they are among the highest paid with reference to country's GDP. All these excesses need to and must be stopped. No water, no light, no road , no security. Nothing is working yet every year we budget money for developing the country. Where is all this money going to? We really need to stop all this mess.
Re: Nigerian Lawmakers Are Highest Paid Worldwide by tblackE61(m): 9:15am On Jul 27, 2013
Guys am not shocked abt dis news!!!! Av said it b4 and i will keep sayin it!!!DEMOCRACY IN NIGERIA IS A DOOM OF FAITH! Cant just wait for this kaki boys to take over!!!!
Re: Nigerian Lawmakers Are Highest Paid Worldwide by Nobody: 9:36am On Jul 27, 2013
seannopo: If it were about child bride, u will see people commenting. This is a very serious issue that people should raise serious alarm about. Yesterday I read about the salaries of ministers in nigeria, and the report quotes that they are among the highest paid with reference to country's GDP. All these excesses need to and must be stopped. No water, no light, no road , no security. Nothing is working yet every year we budget money for developing the country. Where is all this money going to? We really need to stop all this mess.


Such things hardly make front page!!! They are usually not very popular among the entertainment seeking and controversial peeps who dominate this Land!!!
But seriously, what can be done about it? I read a similar article during the 2009 ASUU strike, comparing a professors earnings to various political officials and I was shocked! I was still a student then and didn't care much about the "implications" of our over-priced democracy! It is just sad
Re: Nigerian Lawmakers Are Highest Paid Worldwide by IGBOSON1: 9:48am On Jul 27, 2013
The government in this country at both levels (executive, legislature and judiciary) are living in a parallel universe; for them, giving up their jumbo pay, perks of office, and access to contracts and 'deals' is anathema and unthinkable. Not for them the belt-tightening we lesser mortals have to endure wink.
Re: Nigerian Lawmakers Are Highest Paid Worldwide by Marytess(f): 12:04pm On Jul 27, 2013
Na only God go save person in ds nija
Re: Nigerian Lawmakers Are Highest Paid Worldwide by Marytess(f): 12:05pm On Jul 27, 2013
And dey said we dnt hv money?God go blastkata dem

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