SPECIAL REPORT:

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% of B.S) - N1,242,122.70
* Constituency Allowance (200% of B.S) - N4,968,509.00
* Newspapers Allowance (50% of B.S) - N1,242,122.70
* Wardrobe Allowance (25% of B.S) - N621,061.37
* Recess Allowance (10% of B.S) - N248,424.55
* Accommodation (200% of B.S) - N4,968,509.00
* Utilities (30% of B.S) - N828,081.83
* Domestic Staff (70% of B.S) - N1,863,184.12
* Entertainment (30% of B.S) - N828,081.83
* Personal Assistants (25% of B.S) - N621,061.12
* Vehicle Maintenance Allowance (75% of B.S) - N1,863,184.12
* Leave Allowance (10% of B.S) - N248,424.55
* Severance Gratuity (300% of B.S) - N7,452,736.50
* Car Allowance (400% of B.S) - N9,936,982.00
* 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)
* EXCHANGE RATE: $1 = N162

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.

http://www.thisdaylive.com/articles/senator-yes-our-salaries-are-outrageous/156321/

you have to give a more credible source before quoting bogus digits. you can claim that is how much they loot but not how much they are officially paid pls. I know senators who are not really wealthy even after 4 years in office. you guys should stop mis-leading people

That is why most of them want to kill themselves to get there. Nigeria won't compare itself to America when it has to do with what affects the masses welfare, its only compared when it benefits the government.



Polithievians
Legislooters
Sedators
Representathieves

And the masses are happy and not even perturbed about it. Some folks will soon be here chanting "Sai Buhari" and saTANists will come with theirs.

Idonbilivit...

jasper7:
you have to give a more credible source before quoting bogus digits. you can claim that is how much they loot but not how much they are officially paid pls. I know senators who are not really wealthy even after 4 years in office. you guys should stop mis-leading people

The senators you know that aren't wealthy after 4years probably borrowed money to fund their elections into office and they had to pay while in office so they went bankrupt after their ill 4years in office.

Also they had to settle their political godfathers with large proportion of their pay. Don't you know that some political office holders are just mere protege?

watered:
The senators you know that aren't wealthy after 4years probably borrowed money to fund their elections into office and they had to pay while in office so they went bankrupt after their ill 4years in office.

Also they had to settle their political godfathers with large proportion of their pay. Don't you know that some political office holders are just mere protege?

Do you know how many senators are in Nigeria? multiply your figure per senator. cross-check with the national budget listing, then come back and apologise.

NASS are crazy...

bishopoliver:
SPECIAL REPORT:

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% of B.S) - N1,242,122.70
* Constituency Allowance (200% of B.S) - N4,968,509.00
* Newspapers Allowance (50% of B.S) - N1,242,122.70
* Wardrobe Allowance (25% of B.S) - N621,061.37
* Recess Allowance (10% of B.S) - N248,424.55
* Accommodation (200% of B.S) - N4,968,509.00
* Utilities (30% of B.S) - N828,081.83
* Domestic Staff (70% of B.S) - N1,863,184.12
* Entertainment (30% of B.S) - N828,081.83
* Personal Assistants (25% of B.S) - N621,061.12
* Vehicle Maintenance Allowance (75% of B.S) - N1,863,184.12
* Leave Allowance (10% of B.S) - N248,424.55
* Severance Gratuity (300% of B.S) - N7,452,736.50
* Car Allowance (400% of B.S) - N9,936,982.00
* 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)
* EXCHANGE RATE: $1 = N162

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.

oga how can you be comparing total pay including allowances of the nigerian lawmaker to just the basic salary of an American lawmaker. ..

You guys should stop this lies and stop misleading ignorant nigerians

jasper7:

Do you know how many senators are in Nigeria? multiply your figure per senator. cross-check with the national budget listing, then come back and apologise.

Wake up apology seeker. The budget you hear of only ends on paper o! Olodo you think these thieves are accountable to you? Better wake up from slumber...

jasper7:

Do you know how many senators are in Nigeria? multiply your figure per senator. cross-check with the national budget listing, then come back and apologise.

The 2011 NASS Budget was N232,740,000,000 ie 232 BILLION.

jasper7:
you have to give a more credible source before quoting bogus digits. you can claim that is how much they loot but not how much they are officially paid pls. I know senators who are not really wealthy even after 4 years in office. you guys should stop mis-leading people

Sanusi Lamido once said this: http://www.thenigerianvoice.com/news/40406/1/national-assembly-spends-25-of-budget-sanusi-reaff.html

do the progresve law makers collect the same large pay if so how are they different

barcanista:
The 2011 NASS Budget was N232,740,000,000 ie 232 BILLION.

When you divide this amount by the number of Lawmakers at the federal level, you will get a mind boggling amount. That should put it in proper perspective for you @jasper7

stanech:
do the progresve law makers collect the same large pay if so how are they different

There own progressive na only for mouth and PROPAGANDA.
When you ask for criteria of being a progressive, all you get is dead silence

Progressive ko, regressive ni

anonimi:


There own progressive na only for mouth and PROPAGANDA.
When you ask for criteria of being a progressive, all you get is dead silence

Progressive ko, regressive ni

we need a better opposition apc and pdp are the same,,,, the oppposition must campaign based on issues not these name calling,,

watered:
Wake up apology seeker. The budget you hear of only ends on paper o! Olodo you think these thieves are accountable to you? Better wake up from slumber...

Did you just call me olodo? lol... it's okay. Na me invest my time and words.

bishopoliver:





When you divide this amount by the number of Lawmakers at the federal level, you will get a mind boggling amount. That should put it in proper perspective for you @jasper7

I stand corrected. let's see where this ends. fire on

stanech:
we need a better opposition apc and pdp are the same,,,, the oppposition must campaign based on issues not these name calling,,

Na so me sef I see am oh! That is why we are saying they should stop the holier-than-thou pretence.
Nobody holy pass between the two bands of rogues.

Car allowance cannot be monthly oooo at 9m per month

This break down is faulty even with the clueless he wont allow this

hi

so how is APC going to fight this or this is not corruption ?

rebranded:
Car allowance cannot be monthly oooo at 9m per month

This break down is faulty even with the clueless he wont allow this

I thought the legislative arm of government in a democracy is INDEPENDENT, is it not

Just figured how crazy this guy is...he converted yearly allowances to monthly. ..personal assistant, severance gratuity leave, car etc are yearly allowances but instead he adds every thing as monthly and still multiplied it by 12...sick

anonimi:


There own progressive na only for mouth and PROPAGANDA.
When you ask for criteria of being a progressive, all you get is dead silence

Progressive ko, regressive ni

Don't mind them how can they say they want change when they can't even change the way they run the government