Naija Check How Your Senators Are Paid. - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / Naija Check How Your Senators Are Paid. (651 Views)
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| Naija Check How Your Senators Are Paid. by Nobody: 6:25am On May 01, 2015 |
SALARY OF NIGERIAN SENATORS UNDER PDP GOVernment, 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 beginning with those thieves at the National Assembly. |
| Re: Naija Check How Your Senators Are Paid. by delishpot: 6:27am On May 01, 2015 |
My God!!  |
| Re: Naija Check How Your Senators Are Paid. by femmy2010(m): 6:51am On May 01, 2015 |
Only in 9ja. |
| Re: Naija Check How Your Senators Are Paid. by 7footre(m): 7:02am On May 01, 2015 |
The cost of governance is jes so Bleep!ng expensive in this nation... I remember the debates they went though jes to pay da 18k minimum wage.. bunch of hypocrites. The way forward for this government would be to reduce drastically the cost of governance but will the legislative arm buy the idea? |
| Re: Naija Check How Your Senators Are Paid. by Ayomax(m): 7:05am On May 01, 2015 |
I cry for my country |
| Re: Naija Check How Your Senators Are Paid. by falcon01: 7:12am On May 01, 2015 |
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| Re: Naija Check How Your Senators Are Paid. by Pheals(f): 7:28am On May 01, 2015 |
Tell me why they won't kill before getting there |
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