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Is This Real??? Nigerian Senators' Salary & Allowances - Politics - Nairaland

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Is This Real??? Nigerian Senators' Salary & Allowances by Omoalhaja7: 8:00am On Dec 16, 2014
SALARY OF NIGERIAN SENATORS

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) - N828081.83

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 (75per 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 479749.00 x 12= N353 756 988.00 ($2 183 685.00)
EXCHANGE RATE: $1 = N162

LEGISLATORS PAY WORLDWIDE PER ANNUAL
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 capital, 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 = 1638

It will take an average Nigerian worker
1,638 years to earn the yearly salary of a Nigerian Senator!!!

Source: Nigerian Civil Right Movement
Re: Is This Real??? Nigerian Senators' Salary & Allowances by Zaikon(m): 8:05am On Dec 16, 2014
Hhmm. That's the change they wanna bring... When SLS update Nigerians about Their pay back den it was a serious problem.
Re: Is This Real??? Nigerian Senators' Salary & Allowances by Realist5: 8:33am On Dec 16, 2014
Naija my beloved country where stealing is not corruption.#GEJ's voice

1 Like

Re: Is This Real??? Nigerian Senators' Salary & Allowances by SirHouloo(m): 8:40am On Dec 16, 2014
Thank God for the drop in crude oil price, dem go dey borrow money take pay dem now.
Re: Is This Real??? Nigerian Senators' Salary & Allowances by stelaar(m): 8:41am On Dec 16, 2014
Theses figures have been lashed around for too long...please give yourself brain and analyze these so called "monthly" figures...I mean do they pay someone housing monthly? Car loan monthly? Gratuity monthly? C'mon Atleast read what you paste before opening another useless thread

http://www.stelladimokokorkus.com/2013/08/n30million-constituency-allowance.html?m=1
Re: Is This Real??? Nigerian Senators' Salary & Allowances by stanech: 8:49am On Dec 16, 2014
why has d progressives not move a motion for the reduction of their allowances since theywant change
Re: Is This Real??? Nigerian Senators' Salary & Allowances by martincbarton: 8:53am On Dec 16, 2014
now i know our senators are avid readers. newspaper allowance. ;Dnow i know our senators are avid readers. newspaper allowance.

Re: Is This Real??? Nigerian Senators' Salary & Allowances by moststylish(m): 9:10am On Dec 16, 2014
why is things always done differently in nigeria,its because we dont protest in this country

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