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Nairaland Forum / Nairaland / General / Politics / Do Or Die Election: Salary Of Nigeria's Legislators In A Snippet (558 Views)
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Do Or Die Election: Salary Of Nigeria's Legislators In A Snippet by exactly77(m): 2:21pm On Apr 19, 2015 |
NIGERIA'S OVERPAID LEGISLATORS PLEASE, READ: THIS IS WHY EVERYBODY WANTS TO GO TO ABUJA. If you don't understand why those who are in Abuja don't want to return and those who want to go are doing so at all cost, look at this information. 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. |
Re: Do Or Die Election: Salary Of Nigeria's Legislators In A Snippet by Bevista: 2:26pm On Apr 19, 2015 |
The average salary of a 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.I get your point completely. However I just want to point out that the figures you are giving above is not the AVERAGE a Nigerian worker earns, but rather the MINIMUM. However, as evident from your post, it is obvious that our legislatures are a bunch of criminals. |
Re: Do Or Die Election: Salary Of Nigeria's Legislators In A Snippet by imbless: 2:28pm On Apr 19, 2015 |
,m, |
Re: Do Or Die Election: Salary Of Nigeria's Legislators In A Snippet by Nobody: 2:33pm On Apr 19, 2015 |
It pays to be a godfather in Nigeria. About 20 - 50% of those salaries are for the godfathers. If I dey ask Emeka Offor, Chris Uba, Ahmed Tinubu etc. |
Re: Do Or Die Election: Salary Of Nigeria's Legislators In A Snippet by Nobody: 2:34pm On Apr 19, 2015 |
It pays to be a godfather in Nigeria. About 20 - 50% of those salaries are for the godfathers. If I dey lie, ask Emeka Offor, Chris Uba, Ahmed Tinubu etc. |
Re: Do Or Die Election: Salary Of Nigeria's Legislators In A Snippet by Mogidi: 2:39pm On Apr 19, 2015 |
Buhari said he wasn't going to press for change. |
Re: Do Or Die Election: Salary Of Nigeria's Legislators In A Snippet by Day169: 5:01pm On Apr 19, 2015 |
I think that the salaries of our legislators should be a function of the nation's GDP. Compared to countries with somewhat similar GDPs, such as Ghana n Kenya(not to talk of Pakistan n Sri Lanka) these figures are obscene! Now that the Senate will be controlled by he APC, these legislators can begin with this "Change" they are championing by trimming down on these to the reflect the nation's earnings. |
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