₦airaland Forum

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: www.nigeriafilms.com/news/22282/33/senators-salaries-and-allowances-in-nigeria.html

When you see reports like this, then you wonder how 9ja wan take beta.
Thats why our celebrities wan dive enter politics, now them don dive enter debt.

And you expect the masses to enjoy

Na new thing? Why u wan remind me that this early morning way I dey owe my neighbour?

Naija, I hail thee!

THIEVES!!!!!

What Do They even do to warrant such earnings?

Sit down in a well airconditioned room , do nothing and earn millions while an average Nigerian nearly kills himself for just #18,000...

Hmmmm...no wonder!!!

Oh my gawd! Nigeria is in ruins

No wonder some senators and Honorables are willing to jump National fence and gates in their Agabada and suits for the sake of Moneycracy. Mehn! Burst into tears, picture of me crying will be sent later.

i wont comment!

Oya. Vote wisely come february

Chisos
I weep for my country

naija na wa oo

Omo see money. ..

See Nigerian Educational System! All the allowances listed there is per annum! How come the op mischievously calculated all and tagged it per a month? And some senseless posters above bought it hook and sinker?

Seun, Obinoscopy, Ishilove, this is false information! Yank it off or do the needful!

8. Don't post false information on Nairaland.

Abi senators dey buy cars every month?

This is a more reason why we must vote Buhari come 2015, this profligacy must stop.

Obasanjo is right afterall. They are legislathieves

Chai

Carry my Arm's to senator's house * den go die today*

Anoruo:
Source: www.nigeriafilms.com/news/22282/33/senators-salaries-and-allowances-in-nigeria.html

Infact, I won't comment on this.

Na wa ooo Nigeria, for hw many of them? We are really in deep shit

Wow, what a pity!

O my luck, anoda front page. I'm getting there

You also forgot to add the hidden and stolen one............ Those crappy human

Nigeria a failed Nation , Atiku switching parties and we are all shouting Progressive!!!

A PDP Member becomes an APC Memeber how do we expect change..

Cut all this mofos salary down to the minimum wage we would then see which of them are really patriotic citizen of this country...

O boy!!!!! No wonder the so called lawmakers and senators are struggling climbing over the fence the order day..... Chai there is God ooooooo!!!

Okaaaaaaay! Na im make suddenly all the Nollywood actors and actresses wan become senators and House of Rep members!
The proceeds from a lifetime of acting cannot fetch them a legislator's six months wage!
Naija, I dey hail o!