SPECIAL REPORT: SALARY OF NIGERIAN SENATORS

Friday, 05 December 2014 23:41
NB $1=#162

SPECIAL REPORT: SALARY OF NIGERIAN SENATORS

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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 per cent of B.S) - N1 242 122.70

Constituency Allowance (200 per cent of B.S) - N4 968 509.00

Newspapers Allowance (50 per cent of B.S) - N1 242 122.70

Wardrobe Allowance (25 per cent of B.S) - N621 061.37

Recess Allowance (10 per cent of B.S) - N 248 424.55

Accommodation (200 per cent of B.S) - N4 968 509.00

Utilities (30 per cent of B.S) - N828 081.83

Domestic Staff (70 per cent of B.S) - N1 863 184.12

Entertainment (30 per cent of B.S) - N828 081.83

Personal Assistants (25 per cent of B.S) - N621 061.12

Vehicle Maintenance Allowance (75 per cent of B.S) - N1 863 184.12

Leave Allowance (10 per cent of B.S) - N248 424.55

Severance Gratuity (300 per cent of B.S) - N7 452 736.50

Car Allowance (400 per cent of B.S) - N 9 936 982.00

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)


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

Na wa oh,why wouldn't they kill themselves to get there. imagine president eating 3million naira a day .

politics... hmmmmm

Why are you crying? the deed has been done and that is why i keep saying we need change and transformation. Don't cry but you should rise up and solicit for CHANGE not only change but also transformation
Forget your sorrows by being an advocate of CHANGE and TRANSFORMATION let's do what is right and leave what is wrong because the power lies in us the YOUTHS. Together we can make a change it starts with me and you

motherlode:
Why are you crying? the deed has been done and that is why i keep saying we need change and transformation. Don't cry but you should rise up and solicit for CHANGE not only change but also transformation
Forget your sorrows by being an advocate of CHANGE and TRANSFORMATION let's do what is right and leave what is wrong because the power lies in us the YOUTHS. Together we can make a change it starts with me and you

So I've heard
I'm yet to see

Unfortunately the national conference ended without a mention of this armed robber salary. No president can change this not even Buhari. If he can let him have it in his manifesto.

Tomorrow someone will call tambuwal a defender of democracy.



My hero Soyinka must see this

Hoise of reps is calling me

God help Nigeria!

And you think we were surprised to see them climbing fence some weeks back? They were just after their allowances.

I don vex

sweettease:

So I've heard
I'm yet to see

you can only see the CHANGE coming when you make it your mission with a vision. Spread the gospel of change and transformation so that those in their slumber will heed to your wake up call.
Be an advocate of Change and Transformation! It's up to you?
Together we can make a Change it starts with me and you

Lol


HardShip Allowance. Lol

motherlode:


you can only see the CHANGE coming when you make it your mission with a vision. Spread the gospel of change and transformation so that those in their slumber will heed to your wake up call.
Be an advocate of Change and Transformation! It's up to you?
Together we can make a Change it starts with me and you

So I've also heard.

Although I must say they earn a lot of allowances, A lot of the figures are one off payments, annual totals or loans...stop mis-informing people please

Greedy politicians.

stelaar:
Although I must say they earn a lot of allowances, A lot of the figures are one off payments, annual totals or loans...stop mis-informing people please

Could you please explain in detail so we can understand, thanks

Ymodulus:
Lol


HardShip Allowance. Lol

yes na bro, its hard climbing gate ooh.

False, Baseless, No Proof, Etc.

Plus anyone that think american senators take home 174,000 Dollars per year de craze...