A report by The Economist magazine has revealed that Nigerian federal legislators with a basic salary of $189,500 per annum (N30.6m) are the highest paid lawmakers in the world.
Quoting data from the International Monetary Fund and The Economist magazine of London, the study looked at the lawmakers’ basic salary as a ratio of the Gross Domestic Product per person across countries of the world.
According to the report, the basic salary (which excludes allowances) of a Nigerian lawmaker is 116 times the country’s GDP per person of $1,600.
The $189,500 earned annually by each Nigerian legislator is estimated to be 52 per cent higher than what Kenya legislators, who are the second highest paid lawmakers, earned.
The National Assembly has, however, rejected the report that its members are the highest paid lawmakers in the world.
While reacting to the report published in The Economist magazine on Monday, the spokespersons of the two chambers of the National Assembly described it as grossly exaggerated.
The Chairman, Senate Committee on Information and Media, Senator Enyinnaya Abaribe, said the report was misleading and incorrect.
He said it was easy for anyone to verify what Nigerian lawmakers earned given that such information could be obtained from the Revenue Mobilisation Allocation and Fiscal Commission.
Abaribe said, “My reaction is that the report is incorrect. It is very easy for anybody to know what we earn by going to the Revenue Mobilisation Allocation and Fiscal Commission.
“The report is not correct because it did not emanate from the RMAFC, because that is the only body that determines what a lawmaker earns.”
In the same vein, the spokesman of the House of Representatives, Mr. Zakari Mohammed, dismissed the report as incorrect.
He said, “Whatever is being written is mere exaggeration and does not reflect what is accurate. They fail to realise that what we take as salaries are different from what we use in running our offices.
“These are two different issues. Most times, people just lump everything together and claim that it is our monthly salary; that is not correct. At the appropriate time, we shall react, because it is not just about the House but the National Assembly. The National Assembly will react at the right time.”
The report had suggested that a Nigerian federal lawmaker earned $189,000 or about N30m annually.
The magazine also published details of the annual salaries of legislators in other countries, some of which include Ghana, $46,500; Indonesia, $65,800; Thailand, $43,800; India, $11,200; Italy, $182,000;  Bangladesh, N4,000; Israel, $114,800; Hong Kong, $130,000; Japan, $149,700; and Singapore, $154,000. – Punch
http://thecitizenng.com/headline-2/nigerian-legislators-are-highest-paid-in-the-world-the-economist/

Ofcourse they will reject the report because its true even though that may not be the exact amount.
Is it by donating grinding machines, sewing machines and motorcycles that they use in servicing their offices.
When a senator has more than 10 houses in a small town and packs like 5cars in each houses at once.
Anyone who lives in thesame neighbourhood with Senators or members of House of Reps will know how these guys spend.
Who goes into politics these days without their selfish interest at heart.
How can we move forward when we are using a substantial amount of the budget to pay salaries and allowances of the National Assembly

GOD HELP US

It is no longer news... They make the laws, they satisfy their pockets at the expense of the masses. What about the life pension for principal officers in the senate
There is no even distribution of wealth in the country and when a former president foresaw revolution, we thought it was a joke, now American is predicting same. Sooner or later it shall come to pass. Till then, fingers crossed.

delighttt:
The Chairman, Senate Committee on Information and Media, Senator Enyinnaya Abaribe, said the report was misleading and incorrect.
He said it was easy for anyone to verify what Nigerian lawmakers earned given that such information could be obtained from the Revenue Mobilisation Allocation and Fiscal Commission.
Abaribe said, “My reaction is that the report is incorrect. It is very easy for anybody to know what we earn by going to the Revenue Mobilisation Allocation and Fiscal Commission.
“The report is not correct because it did not emanate from the RMAFC, because that is the only body that determines what a lawmaker earns.”
In the same vein, the spokesman of the House of Representatives, Mr. Zakari Mohammed, dismissed the report as incorrect.
He said, “Whatever is being written is mere exaggeration and does not reflect what is accurate. They fail to realise that what we take as salaries are different from what we use in running our offices.
“These are two different issues. Most times, people just lump everything together and claim that it is our monthly salary; that is not correct. At the appropriate time, we shall react, because it is not just about the House but the National Assembly. The National Assembly will react at the right time.”

At the right time?

What time is the right time? And indeterminate time? These ediots think Nigerians are foools that they can postpone casually and owe no explanation?

Can some people please kill Zakari Mohammed and Enyinnaya Abaribe, I beg you.

Boko Haram?

Niger Delta Militants?

Please organise to kill these foools so they legislators know we are not the foools.

Let them know this is the right time for them to die and their death will come before they can determine the right to explain how they are milking the people.

delighttt: A report by The Economist magazine has revealed that Nigerian federal legislators with a basic salary of $189,500 per annum (N30.6m) are the highest paid lawmakers in the world.
Quoting data from the International Monetary Fund and The Economist magazine of London, the study looked at the lawmakers’ basic salary as a ratio of the Gross Domestic Product per person across countries of the world.
According to the report, the basic salary (which excludes allowances) of a Nigerian lawmaker is 116 times the country’s GDP per person of $1,600.
The $189,500 earned annually by each Nigerian legislator is estimated to be 52 per cent higher than what Kenya legislators, who are the second highest paid lawmakers, earned.
The National Assembly has, however, rejected the report that its members are the highest paid lawmakers in the world.
While reacting to the report published in The Economist magazine on Monday, the spokespersons of the two chambers of the National Assembly described it as grossly exaggerated.
The Chairman, Senate Committee on Information and Media, Senator Enyinnaya Abaribe, said the report was misleading and incorrect.
He said it was easy for anyone to verify what Nigerian lawmakers earned given that such information could be obtained from the Revenue Mobilisation Allocation and Fiscal Commission.
Abaribe said, “My reaction is that the report is incorrect. It is very easy for anybody to know what we earn by going to the Revenue Mobilisation Allocation and Fiscal Commission.
“The report is not correct because it did not emanate from the RMAFC, because that is the only body that determines what a lawmaker earns”
In the same vein, the spokesman of the House of Representatives, Mr. Zakari Mohammed, dismissed the report as incorrect.
He said, “Whatever is being written is mere exaggeration and does not reflect what is accurate. They fail to realise that what we take as salaries are different from what we use in running our offices.
“These are two different issues. Most times, people just lump everything together and claim that it is our monthly salary; that is not correct. At the appropriate time, we shall react, because it is not just about the House but the National Assembly. The National Assembly will react at the right time.”
The report had suggested that a Nigerian federal lawmaker earned $189,000 or about N30m annually.
The magazine also published details of the annual salaries of legislators in other countries, some of which include Ghana, $46,500; Indonesia, $65,800; Thailand, $43,800; India, $11,200; Italy, $182,000;  Bangladesh, N4,000; Israel, $114,800; Hong Kong, $130,000; Japan, $149,700; and Singapore, $154,000. – Punch
http://thecitizenng.com/headline-2/nigerian-legislators-are-highest-paid-in-the-world-the-economist/

tot they debate on deir salaries demselves? i neva knew dat body is saddled to determine wat i earn