Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,684 members, 7,955,549 topics. Date: Sunday, 22 September 2024 at 09:04 AM |
Nairaland Forum / Nairaland / General / Politics / Our Economy Can't Take Care Of Senators Any Longer (584 Views)
MAGU FIGHTS BACK: Intensifies Probe Of Senators, Ex-govs / List Of Senators That Mandated Customs Boss, Hammed Ali To Reappear In Uniform / Names Of Senators Who Signed Ndume Out Of Senate Leadership (2) (3) (4)
(1) (Reply)
Our Economy Can't Take Care Of Senators Any Longer by tolux247(m): 2:42pm On Nov 25, 2016 |
OUR ECONOMY CAN'T TAKE CARE OF SENATORS ANY LONGER.. Senators' annual Pay World Wide: * Sri Lanka – $5,100.00 * India – $11,200.00 * Malaysia – $25,300.00 * Thailand – $43,800.00 * Spain – $43,900.00 * Ghana – $46,500.00 * Saudi Arabia – $64,000.00 * Indonesia – $65,800.00 * Kenya – $74,500.00 * France – $85,900.00 * Sweden – $99 300.00 * South Africa – $104,000.00 * Britain – $105,400.00 * New Zealand – $112,500.00 * Israel – $114,800.00 * Germany – $119,500.00 * Ireland – $120,400.00 * Hong Kong – $130,700.00 * Japan – $149,700.00 * Canada – $154 000.00 * Singapore – $154,000.00 * Brazil – $157,600.00 * United States – $174,000.00 * Italy – $182,000.00 *Nigeria - $2,183,685.00 The details of the remuneration of an average Nigerian Senator is detailed below Monthly * 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 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 Remember, yearly Salary of Nigerian Senator = N353,756,988.00 (three hundred fifty-three Million, seven hundred and fifty-six thousand, nine hundred and eighty eight Naira. Proportion: N353,756,988.00/N216,000.00 = 1,638 It will take an average Nigerian worker 1,638 years to earn the yearly salary of a Nigerian Senator. Share with friends and groups on facebook, twitter, Instagram and whatsapp till everybody. knows Nigeria's problems. DO WE SCRAP SENATE? - copied |
Re: Our Economy Can't Take Care Of Senators Any Longer by Luizkid(m): 3:01pm On Nov 25, 2016 |
Abeg
|
(1) (Reply)
Lest We Forget, Senator Bala Ibn Na’allah Sponsored The Anti-social Media Bill / Saraki Reads Letter Of Request From Buhari To Senate For 2017 Budget / Unilag Student:recession Forced Me Into Making Ankara Ties
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 12 |