Nigerian Senators Earn Four Times More Than Obama" – David-west - Politics - Nairaland
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| Nigerian Senators Earn Four Times More Than Obama" – David-west by zizman: 8:21am On Aug 18, 2013 |
Prof. Tam David-West, the former Minister of Petroleum, said there were "more thieves in the Nigerian government than saints". David- West made the observation while speaking at a town hall meeting organised by the University of Ibadan chapter of the Academic Staff Union of Universities. He spoke thus: "Any government that fails to invest in education is a vagabond government. The problem with Nigeria is that we have more thieves than saints in government. "We drill over two million barrels of crude oil per day. Why should we be poor? ASUU is saying, 'Put money in education to improve education quality for our children and those yet unborn'. "The same government that does not have money for education budgeted N1bn each to feed the President and Vice-President for a year. Are they eating rock in Aso Rock? "It is not having university degree that makes you a good leader. Late President Umaru Yar'Adua and Goodluck Jonathan are the first set with university degrees -- but that has not translated to significant changes. Churchill was not the best in his class but one of the best world leaders." He said there was no justification for any lawmaker to earn more than a university professor. "They spend less time and may not even have five credits, yet a Senator in Nigeria earns more than 10 professors. A Senator in Nigeria can pay President Obama's salary four times over. When people get to the top they become insane," he noted. Other speakers at the event were the National Treasurer of ASUU, Dr. Ademola Aremu; state Chairman, Nigeria Labour Congress, Dr. Bashir Olanrewaju; ASUU Chairman, UI, Dr. Segun Ajiboye; Dr. Biodun Badmus, Mashood Erubami, Abiodun Aremu and Femi Aborishade. |
| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by zizman: 8:22am On Aug 18, 2013 |
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| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by mickyarams: 8:28am On Aug 18, 2013 |
[b]A Nigerian senator earns more in Salary than Barack Obama of the US and David Cameron of the UK. I'll leave you to tell how much Nigerian president goes home with at the end of each month. An Indian lawmaker must work for at least 49 years to earn the annual salary of a Nigerian senator. In the United States, while the minimum wage is $1,257 (N191, 667), a US lawmaker earns $15,080 (N2.3m) per month. In the United Kingdom, a lawmaker earns $8,686(N1.3m) monthly while the gross national minimum wage is $1,883 (N283, 333) per month. Also, Nigerian lawmakers earn higher than their counterparts in Sweden. With a monthly pay of $7,707 (N1.2m), a lawmaker in Sweden will need to work for over 12 years to equal what a Nigerian senator earn per annum. The president of the United States takes home an anual salary of $400,000 (N64.156,0m), including a $50,000 expense allowance making the president the highest paid public servant in the US. The $400,000 includes everything and $350,000 out of it is taxable. Selected States (salary per annum) The prime minister of the United Kingdom......USD 226,627.00 French president......................................... USD 318,072.00 South African president................................USD 296,112.00 German chancelor........................................USD 296,112.00 The Prime Minister of Belgium.......................USD 174,804.00 President of the Republic of Korea.................USD 136,669.00 President of Russia.......................................USD 122,652.00 Prime Minister Portugal.................................USD 129,730.00 Prime Minister Namibia.................................USD 115,155.00 President of Angola......................................USD 60,000.00 President Argentina......................................USD 55,139.00 Prime Minister Ukraine..................................USD 61,254.00 President Zimbabwe.....................................USD 18,000.00 President of People's republic of China...........USD 10,633.00 President Liberia..........................................USD 90,000.00 Prime Minister Spain ...................................USD 102,960.00 Prime Minister Namibia................................USD 115,155.00 President Namibia.......................................USD 164,506.00 President of Colombia ................................USD 120,685.00 Prime Minister of the Netherlands.................USD 190,740.00 Prime Minister Ireland.................................USD 264,000.00 Prime Minister Denmark..............................USD 264,533.00 President Mexico........................................USD 328,839.00 USD 328,839.00 ........................................USD 427,886.00 President Austria........................................USD 422,231.00 President of the European Council................USD 508,916.00 NIGERIAN SENATORS Basic Salary (BS) = N2,484,245.50 Hardship Allowanc: 50% of Basic Salary = N1,242,122.75 Constituency allowance: 200% of BS = N4,968,509.00 Furniture Allowance: 300% of BS = N7,452,736.50 Newspaper allowance: 50% = N1,242,122.70 Wardrobe allowance: 25% = N621,061.37 Recess Allowance: 10% = N248,424.55 Accommodation: 200% = N4,968,509.00 Utilities: 30% = N828,081.83 Domestic Staff: 35% = N863,184.12 Entertainment: 30% = N828,081.83 Personal Assistance: 25% = N621,061.37 Vehicle Maintenance Allowance: 75% = N1,863,184.12 Leave Allowance : 10% = N248,424.55 One off payments (Severance gratuity): 300% = N7,452,736.50 Motor Vehicle Allowance: 400% of BS = N9,936,982.00 Total per month = N29, 479, 749.00 A senator's anual salary = over N182 million multiply by 109 senators (don't forget the House of rep, ministers, ambassadors, ...) In addition to the regular and legitimate salaries and allowances of over N17 million ($113,333) and N14.99 million ($99,933) which senators and reps were collecting yearly and the irregular allowance of estacodes, duty tours etc, they were also collecting over N192m ($1.28m) and N140m ($0.93m) respectively in illicit quarterly allocation which is not provided for by RMAFC. Effectively, a Nigerian senator was taking home at least $1.40m ($1.28m quarterly allocations + $0.113m regular salaries and allowances) as against the $0.174m an American senator takes home hence a Nigeria senator earns at least 8 times as much as an American senator and more than 3 times the American president. Whereas a Senator in the U.S earns N21, 146,000, the same as a member of the House of Representatives; a UK Member of Parliament earn £64,766 (N14, 896,180) In other words, a Federal Legislator in Nigeria is paid more than double what a Member of British Parliament earns per annum. Senate President David Mark alone takes N250 million quarterly or N83.33 million per month. Senate Deputy President Ike Ekweremadu gets N150 million per quarter or N50 million a month. Mark and Ekweremadu earns in 4 months, six times what the UK Prime Minister earns in a year. David Cameron goes home with £190,000 per anum (N43, 700,000) In a newspaper news article entitled ‘An Assembly for looting’ written by Musikilu Mojeed with Elor Nkereuwem, the authors rightly claimed that each of the 360 members of the House of Representatives were getting N35 million in cash money in quarterly allocation while each of the 109 Senators pockets N48 million each. These allocations have however been slashed by 20% to N27 million ($180,000) and N38 million ($253,333) respectively due to the 20% reduction requested by the late president. Please tell me, how do we expect this banana republican hell fire to become a country tomorrow. Do you still ask why Nigerian politics is a do or die affair?[/b] http://news2.onlinenigeria.com/headline/184074-nigerian-senators-earn-more-than-president-barack-obama-and-david-cameron.html |
| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by zizman: 8:37am On Aug 18, 2013 |
Thanx for d break down o Na wa o..see as money dey flow for one person alone... No wonder politics really na Do or Die tryin affair |
| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by frederal(m): 8:57am On Aug 18, 2013 |
That's the reason only "them" want the status quo as a nation to continue. If ASUU ever compromise on their demand, I will have to conclude they're educated fools. |
| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by abbeycial: 9:05am On Aug 18, 2013 |
God dey! |
| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by Damojo: 9:37am On Aug 18, 2013 |
Mschewwwww, who nor know b4? Even LG chairmen earn more money than Obama. |
| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by mrking3(m): 10:19am On Aug 18, 2013 |
Old News!!!! |
| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by Provie(m): 12:44pm On Aug 18, 2013 |
Wat these executhieves & legislooters ar doin 2 our comonwealth is mind bogling. Dat said,dis news (or no-news) is no justifcation 4 d curent ASUU strike.Evry sector of d society is in serios neglect & if evryone wil bhave like ASUU,ur guess is as gud as mine. Wat of those who cant aford univrsty education? d poor who ar not sure of the next meal? d sik wit no mony 4 drugs? ASUU is simply self serving & shud b dsbanded. Let's resist these blind looting 4 comon good & not because a certain ASUU is whining. |
| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by tjfulloption(m): 2:15pm On Aug 18, 2013 |
abegi!! we are tired of this news joooor |
| Re: Nigerian Senators Earn Four Times More Than Obama" – David-west by Nobody: 2:19pm On Aug 18, 2013 |
Yes, we know this. We have always known this. The question is: After shouting "God dey" like one of the posters above, what ARE we going to do about this? |
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