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Nairaland Forum / Nairaland / General / Politics / Salary Of The Average Nigerian Senator. (2818 Views)
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Salary Of The Average Nigerian Senator. by Nobody: 8:19pm On Nov 13, 2018 |
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. 2 Likes |
Re: Salary Of The Average Nigerian Senator. by Nobody: 8:24pm On Nov 13, 2018 |
The sad part is - they work just 3 times in a week, of which over 80% don't bother attending their plenary sessions. As a matter of fact, their last session had just about 20 senators. 4 Likes |
Re: Salary Of The Average Nigerian Senator. by Nobody: 8:26pm On Nov 13, 2018 |
Re: Salary Of The Average Nigerian Senator. by Nobody: 8:30pm On Nov 13, 2018 |
And you expect them not to kill just to get there? 2 Likes |
Re: Salary Of The Average Nigerian Senator. by ShadowFighter: 8:41pm On Nov 13, 2018 |
And you wonder why Nigeria is this poor? 1 Like 2 Shares |
Re: Salary Of The Average Nigerian Senator. by CreepyBlackpool: 8:42pm On Nov 13, 2018 |
makes sense thats why they kill, destroy, do all kinds of rituals and vile things just to get there. 2 Likes |
Re: Salary Of The Average Nigerian Senator. by Nemesis001: 8:50pm On Nov 13, 2018 |
This country is finished. 1 Like |
Re: Salary Of The Average Nigerian Senator. by StillX10(m): 9:02pm On Nov 13, 2018 |
So basically Nigeria is highest 1 Like |
Re: Salary Of The Average Nigerian Senator. by ayomilore: 9:03pm On Nov 13, 2018 |
They are the real enemy of this country. They are the ones killing the economy because they spend ,80% of their earning on foreign goods they hardly patronised local markets. 2 Likes |
Re: Salary Of The Average Nigerian Senator. by Phenotech(m): 9:07pm On Nov 13, 2018 |
If these people Basic Salary cannot be reduced then the level of poverty in Nigeria can never be reduced and will got worse that this.... Imagine.... Thats why they tried everything to get there 1 Like |
Re: Salary Of The Average Nigerian Senator. by Nobody: 9:11pm On Nov 13, 2018 |
Phenotech:I couldn't believe it when I read the analysis on BBC. Nigeria has the highest paid senators worldwide! Who did we offend for goodness sake? 1 Like |
Re: Salary Of The Average Nigerian Senator. by Nobody: 9:12pm On Nov 13, 2018 |
In saner climes this is enough reason for a Nationwide protest/strike action. 2 Likes |
Re: Salary Of The Average Nigerian Senator. by Nobody: 9:15pm On Nov 13, 2018 |
And this is for only senators, when u add the HOR members then we can confidently say Nigeria is completely finished or finished completely. 2 Likes |
Re: Salary Of The Average Nigerian Senator. by ozo13(m): 9:19pm On Nov 13, 2018 |
Lets be objective. I doubt if many of the allowances r on monthly basis. Some may b on yearly basis. My opinion sha Check this out. (Said amount a senator earn per annum) x (360 say the exchange rate) x total number of senators= 90billion naira jus for senators alone o. Does it mean the green chamber lawmakers own is jus 30 billion.I doubt 1 Like |
Re: Salary Of The Average Nigerian Senator. by Pat081: 9:20pm On Nov 13, 2018 |
And dos useless people dnt want to sign 3o naira 4 workers |
Re: Salary Of The Average Nigerian Senator. by LibertyRep: 9:21pm On Nov 13, 2018 |
News like this are enough to make more Nigerians develop mental illness. Let's add the salaries and allowances of the Governors, Ministers, Heads of Parastatals and other politically exposed persons. Then we would know that the country can't just progress with such profligacy. These are the sorts of wastages and unfair distribution of wealth that Labour ought to be seen agitating for. 2 Likes |
Re: Salary Of The Average Nigerian Senator. by Phenotech(m): 9:33pm On Nov 13, 2018 |
Viking07:I tired for this country oooo which way forward 9ja? |
Re: Salary Of The Average Nigerian Senator. by yomi007k(m): 10:03pm On Nov 13, 2018 |
We should actually fight in bringing down the cost of governance and not minimum wage. |
Re: Salary Of The Average Nigerian Senator. by yuvisan: 10:14pm On Nov 13, 2018 |
Yes ooo ! Nigerians should indeed fight to bring down the cost of governance and above all be very ,very serious about the fight against corruption. For many of these office holders are not even content with these hefty salaries . Government funds are still misappropriated on top of it. God Almighty will eventually hear the cry of the poor through Jesus Christ Our Lord. Amen ! 2 Likes |
Re: Salary Of The Average Nigerian Senator. by XOGBADO(m): 1:16am On Nov 14, 2018 |
The cost of governance in this country is way beyond my imagination. Truth is; it's the Masses who suffer it. Moral: try not to be among the masses, be an Elite. |
Re: Salary Of The Average Nigerian Senator. by Nobody: 2:32am On Nov 14, 2018 |
This is madness! The fact that Nigerians are not in the street everyday protesting this until it is drastically reduced is pathetic! They have succeeded in dividing the masses along tribal and religious lines that people are not even paying attention to them anymore! This is ridiculous! More reason why someone like sowore should be president NOW! 2 Likes |
Re: Salary Of The Average Nigerian Senator. by Kennedy94(m): 4:08am On Nov 14, 2018 |
these people sha want to finish this country check below |
Re: Salary Of The Average Nigerian Senator. by Nobody: 5:59am On Nov 14, 2018 |
XOGBADO:Gospel truth. 1 Like |
Re: Salary Of The Average Nigerian Senator. by Nobody: 6:01am On Nov 14, 2018 |
yuvisan:We can't keep praying for everything to get solved by God. If we the masses decide enough is enough, things will definitely change. Imagine the NLC coming out to protest about this, insisting everyone is on minimum wage, things will automatically be better. Cc: lalasticlala. |
Re: Salary Of The Average Nigerian Senator. by microlincoln: 9:00am On Mar 09, 2022 |
Viking07: Please I have to quote you on a dead thread..... Please a newbie in the hustle needs ur help about my DS ni. |
Re: Salary Of The Average Nigerian Senator. by Nobody: 9:18am On Mar 09, 2022 |
microlincoln:Oh okay. I only offered to help one person which I’ve done. The more it spreads the higher the chances it gets blocked. 2 Likes |
Re: Salary Of The Average Nigerian Senator. by microlincoln: 11:09am On Mar 09, 2022 |
Viking07: Ok Sir ..... Thank you for at least replying. I understand your point and you're very right. But if you decide to still extend your arm of love to anyone else, please remember me in your Kingdom. Na to go for another training niyen till I master the hustle. |
Re: Salary Of The Average Nigerian Senator. by microlincoln: 12:11am On Mar 19, 2022 |
Viking07:Please I have to come knocking again..... Help a newbie please. |
Re: Salary Of The Average Nigerian Senator. by Wazobia2216: 12:15am On Mar 19, 2022 |
Lawan will cook up something to sell to the public now SMH thieves in government houses! They arm themselves with pen stealing from the masses in broad day light! Make it less attractive and let's see those wey go remain! Arm robbers! |
Re: Salary Of The Average Nigerian Senator. by Nobody: 5:41am On Mar 19, 2022 |
microlincoln:Send a message to me via telegram. Search for Viking007. 1 Like |
Re: Salary Of The Average Nigerian Senator. by microlincoln: 11:55pm On Mar 20, 2022 |
Viking07:Oga mi..... I don msg you. Thanks for the privilege sir |
Re: Salary Of The Average Nigerian Senator. by Nobody: 10:48am On Mar 21, 2022 |
microlincoln:Sorry, it should be viking007x. |
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