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If This Continues With Buharis Administration - Politics - Nairaland

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If This Continues With Buharis Administration by hemjaybest: 10:29pm On Apr 14, 2015
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.
Re: If This Continues With Buharis Administration by amsoslim(m): 10:34pm On Apr 14, 2015
This yur findings as of which year is this
Re: If This Continues With Buharis Administration by skykenny: 10:42pm On Apr 14, 2015
Our senators have sucked this country dry. But can buhari really do anything about this?
Re: If This Continues With Buharis Administration by Nobody: 10:56pm On Apr 14, 2015
grin grin buhari might want to reduce it but the senators both PDP and APC might not allow that to happen...
Re: If This Continues With Buharis Administration by jamace(m): 11:25pm On Apr 14, 2015
If the national confab 2014 report is implemented, this thiefing would be a bygone.

Nigeria stands to gain a lot if national confab report is implemented: https://www.nairaland.com/2208180/what-nigeria-stands-gain-national
Re: If This Continues With Buharis Administration by nnachukz(m): 11:30pm On Apr 14, 2015
That is why we are where we are. It is not about PDP or APC, we are the one that allowed this to continue and are busy shouting APCCC or PDPPP!

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