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Nigeria's Overpaid Legislators - Politics - Nairaland

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Nigeria's Overpaid Legislators by Chykman22(m): 9:18pm On May 08, 2015
NIGERIA'S OVERPAID LEGISLATORS

PLEASE, READ:

THIS IS WHY EVERYBODY WANTS TO GO TO ABUJA.

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 ON:
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 SENATORS

ARE 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 Alawance (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 SALARY 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

The Nigerian Legislators, both at the state & federal level are the
problem of dis country.

They only legislate into
their pocket at the detriment of the masses.
Re: Nigeria's Overpaid Legislators by ammyluv2002(f): 9:20pm On May 08, 2015
We know all these but the question is what next? Occuy NASS!

Btw, Nigeria politicians should be judged specially by God cause their crime na second to none undecided
Re: Nigeria's Overpaid Legislators by Chykman22(m): 9:40pm On May 08, 2015
@ammyluv:- It is only God that will save this country.
Re: Nigeria's Overpaid Legislators by mcquin(m): 9:48pm On May 08, 2015
We downplay the role of socio media in time past but lessons have been learnt from last Presidential election which went a long way to shapen the elections.

If a massive campaign is led against the cost of governance both in media houses and on social media instead of bringing up tribal issues everyday, the government will feel the pulse of Nigerians on this.

1 Like

Re: Nigeria's Overpaid Legislators by ammyluv2002(f): 9:51pm On May 08, 2015
Chykman22:
@ammyluv:- It is only God that will save this country.
Yes o
Re: Nigeria's Overpaid Legislators by Gr8amechi: 10:15pm On May 08, 2015
The only way out is occupy nass
Re: Nigeria's Overpaid Legislators by Chykman22(m): 10:16pm On May 08, 2015
@mcquin:- the campaign has to start from me and u. by sharing information like this one so that a lot of people will know what our politicians are up to.
Re: Nigeria's Overpaid Legislators by emorse(m): 10:20pm On May 08, 2015
mcquin:
We downplay the role of socio media in time past but lessons have been learnt from last Presidential election which went a long way to shapen the elections.

If a massive campaign is led against the cost of governance both in media houses and on social media instead of bringing up tribal issues everyday, the government will feel the pulse of Nigerians on this.

I totally agree with you. We mustn't fold our arms and watch any longer. These people don't have two heads each. The change we yearned for has started and it must be complete and far reaching.

Lalastilala, abeg help us play ur part.
Re: Nigeria's Overpaid Legislators by ta4ba3(m): 10:24pm On May 08, 2015
Babaonechance please work on d salary please leave d power sector we know say we no fit get light dats our natural disaster...
Re: Nigeria's Overpaid Legislators by emorse(m): 10:24pm On May 08, 2015
Chykman22:
NIGERIA'S OVERPAID LEGISLATORS

PLEASE, READ:

THIS IS WHY EVERYBODY WANTS TO GO TO ABUJA.

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 ON:
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 SENATORS

ARE 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 Alawance (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 SALARY 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

The Nigerian Legislators, both at the state & federal level are the
problem of dis country.

They only legislate into
their pocket at the detriment of the masses.

cc: all my contacts on bbm, WhatsApp, FB, twitter, everywhere! At least that way I know I played my part.
Re: Nigeria's Overpaid Legislators by mcquin(m): 10:37pm On May 08, 2015
Chykman22:
@mcquin:- the campaign has to start from me and u. by sharing information like this one so that a lot of people will know what our politicians are up to.


Truth is when you share these things, some set will come out to say; they are witch hunting us. They should leave our politicians alone. Too bad corruption was institutionalised by tribalism.

Know this, there is no Igbo, Hausa or Yoruba; it is the elites and cabals against the poor.
Re: Nigeria's Overpaid Legislators by mcquin(m): 10:41pm On May 08, 2015
Hash-tag occupy National Assembly should trend to bring to the notice of all the unfortunate institution called National Assembly Naija has. Legal stealing nai dem dey.



#OccupyNA.
Re: Nigeria's Overpaid Legislators by Chykman22(m): 10:50pm On May 08, 2015
@emorse:- the only natural disaster we have in this country is corruption. Please share this to all ur friends.
Re: Nigeria's Overpaid Legislators by moha225: 10:56pm On May 08, 2015
Monthly x 109
N29,479,749 x 109
That is N321,329,2641
Annually x 109
3213292641 x 12
Goddddddd shocked I don't wana imagine d figure please someone help..chai chai chai chai chai
Re: Nigeria's Overpaid Legislators by Gr8amechi: 11:08pm On May 08, 2015
mcquin:



Truth is when you share these things, some set will come out to say; they are witch hunting us. They should leave our politicians alone. Too bad corruption was institutionalised by tribalism.

Know this, there is no Igbo, Hausa or Yoruba; it is the elites and cabals against the poor.
exactly what my point is, we youths are being used like mad, they are using divide and rule tactics for us
Re: Nigeria's Overpaid Legislators by Chykman22(m): 11:17pm On May 08, 2015
@moha:- you ar free to consult a mathematican to help u with the calculation. cos the amount involved is outrageous.
Re: Nigeria's Overpaid Legislators by ifyan(m): 11:54pm On May 08, 2015
It ridiculous but let's take time to observe something, because I don't think what we post on other countries is the complete figures can somebody make a research on this.

Because I read something about USA senators take home more than the figure been displayed.

And go and find out about KENYA senators, you will be shocked.

Though our senators are big time criminals.

You know. ......
Re: Nigeria's Overpaid Legislators by Chykman22(m): 1:24pm On May 09, 2015
@ifyan:- u ar free to do the research.
Re: Nigeria's Overpaid Legislators by ifyan(m): 4:39pm On May 09, 2015
Chykman22:
@ifyan:- u ar free to do the research.

Sir, so why l am informing you guys about this.

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