On Thursday, March 05, 2015 In News, Politics With No Comments
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.
Note: as at now EXCHANGE RATE: $1 = N226
