"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
Legislators, both at d state & federal level are d
problem of dis country. They only legislate into
their pocket. Lets unite, mobilize & move against
them begining with those thieves at the National
Assembly.

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