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Thursday, October 06, 2016

Nigeria senators earn more money, than other presidents of some countries #Corruption

Image result for the basic salary and the allowances of the senators in nigeria
 In a recent online publication on how much a Nigerian soldier earns and how much an officer in the Nigerian Police force earns, nost people were alarmed at the huge difference.

The question that arose bothered on why Nigerians condemn the police for some of the things they do. Today, we shall shift our focus to see how much a Nigerian senator earns.

True, there have been much debate over the monthly salary of a Nigeria senator but with our recent findings, we have put that out below for you all to be the judge on what a Nigerian senator salary looks like.
Note that the figure listed here is the true report from the National Institute of Legislative Studies released for public consumption and shows how much a Nigerian law maker earns (the 109 Senators and 360 members of the Nigerian House of Representatives).


A Breakdown of Nigerian Senator Salary Structure:
1. Basic Salary

Nigerian Senator annual basic salary – N2,026,400,00

Nigerian House of Representatives annual basic salary – N1,985,212, 50

2. Allowances
Nigerian Senator – N12, 902, 360.00annually

House of Representatives member – N9,525,985.50 annually.

The allowances are on: Vehicle fueling/maintenance, Constituency, Domestic Staff, Personal Assistant, Entertainment, Recess, Utilities, Newspaper/Periodicals, Houses Maintenance, Wardrobe, Estacode, and Duty Tour with another special amount in every four-year period on Accommodation, vehicle loan, furniture, and severance allowance, which make every Senator to pocket N24,090,000.00 and a House of Representatives member with N23,822,00.00 within the same period.

If you didn’t want to have anything to do with Nigerian politics, you probably will after reading this.
The following is the breakdown of a Nigerian senator’s monthly salary.
Basic Salary (BS) = N2,484,245.50
Hardship Allowance: 50% of Basic Salary = N1,242,122.75
Constituency allowance: 200% of BS = N4,968,509.00
Furniture Allowance: 300% of BS = N7,452,736.50
Newspaper allowance: 50% = N1,242,122.70
Wardrobe allowance: 25% = N621,061.37
Recess Allowance: 10% = N248,424.55
Accommodation: 200% = N4,968,509.00
Utilities: 30% = N828,081.83
Domestic Staff: 35% = N863,184.12
Entertainment: 30% = N828,081.83
Personal Assistance: 25% = N621,061.37
Vehicle Maintenance Allowance: 75% = N1,863,184.12
Leave Allowance : 10% = N248,424.55
One off payments (Severance gratuity): 300% = N7,452,736.50
Motor Vehicle Allowance: 400% of BS = N9,936,982.00
Total per month = N29, 479, 749.00

 OTHER COUNTRIES PRESIDENTS ANNUAL SALARIES
The president of the United States takes home an anual salary of $400,000 (N64.156,0m), including a $50,000 expense allowance making the president the highest paid public servant in the US. The $400,000 includes everything and $350,000 out of it is taxable.
Selected States (salary per annum)
The prime minister of the United Kingdom……USD 226,627.00
French president………………………………….. USD 318,072.00
South African president…………………………..USD 296,112.00
German chancelor………………………………….USD 296,112.00
The Prime Minister of Belgium…………………..USD 174,804.00
President of the Republic of Korea……………..USD 136,669.00
President of Russia…………………………………USD 122,652.00
Prime Minister Portugal……………………………USD 129,730.00
Prime Minister Namibia……………………………USD 115,155.00
President of Angola………………………………..USD 60,000.00
President Argentina………………………………..USD 55,139.00
Prime Minister Ukraine…………………………….USD 61,254.00
President Zimbabwe……………………………….USD 18,000.00
President of People’s republic of China………..USD 10,633.00
President Liberia……………………………………USD 90,000.00
Prime Minister Spain ……………………………..USD 102,960.00
Prime Minister Namibia…………………………..USD 115,155.00
President Namibia…………………………………USD 164,506.00
President of Colombia …………………………..USD 120,685.00
Prime Minister of the Netherlands……………..USD 190,740.00
Prime Minister Ireland……………………………USD 264,000.00
Prime Minister Denmark…………………………USD 264,533.00
President Mexico………………………………….USD 328,839.00
USD 328,839.00 ………………………………….USD 427,886.00
President Austria………………………………….USD 422,231.00
President of the European Council…………….USD 508,916.00



When you compare this with how much other country’s law makers, you will see the difference.

Philippines annual basic salary – $4, 497,957

United States of America senate – $3,409,422

US House of Representatives – $1,429,909 annually

Kenya – $968,013 annually

Australia – $646,230

United Kingdom – £494,285.43

India – $474,484

Singapore – $253,469,

Tanzania – $230,961.

The Nigerian government has been spending a total of N150 billion per year on the NASS but was forced to reduce it to N120 billion this year following cries that the lawmakers are milking the Federation Account aggressively.

Just wondering why a Nigerian Senator Salary and a Rep’s salary will be more than those of the Military, police and some other presidents of some countries. What a country!
 

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