by Ayo Dada
FIRST PUBLISHED IN JUNE 21, 2021
NIGERIAN ECONOMY CAN’T TAKE CARE OF SENATORS AND THE EXPENSIVE PRESIDENTIAL SYSTEM OF GOVERNMENT ANY LONGER..
Senators Annual Pay World Wide:* Sri Lanka – $5,100.00* Malaysia – $25,300.00* Spain – $43,900.00* Ghana – $46,500.00* Saudi Arabia – $64,000.00* France – $85,900.00* South Africa – $104,000.00* Britain – $105,400.00* Germany – $119,500.00* Canada – $154 000.00* United States – $174,000.00
Nigeria – $2,183,685.00
The details of the remuneration of an average Nigerian Senator is detailed below;
Monthly* Basic Salary (B.S) – N2,484,245.
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*
The average salary of Nigerian worker based on the national minimum wage is N30,000.00. So, the yearly salary is N30,000.00 x 12 = N360,000.00
Remember, the yearly Salary of Nigerian Senator = N353,756,988.00 (three hundred fifty-three Million, seven hundred and fifty-six thousand, nine hundred and eighty eight Naira).
Proportion: N353,756,988.00/N216,000.00 = 1,638. It will take an average Nigerian worker 1,100+ years to earn the yearly salary of a Nigerian Senator.
Why should Nigerians continue to allow this unjust and obscene act to continue?, We must demand change. These people are supposed to be public servants and not Lords. THIS IS PURE LACK OF PATRIOTISM DURING THESE HARD TIMES, OR AT ANY TIME FOR THAT MATTER. THEIR SALARIES HAVE GOT TO REFELECT THAT OF EVERY NIGERIAN THEY SWORE TO SERVE.
SAY NO TO OBSCENE REMUNERATIONS OF THE NIGERIAN LEGISLATORS, END SENATORS UNWARRANTED AND BOGUS SALARIES.
UPDATES: IF SUBSIDY HAS GONE, SALARIES & EMOLUMENTS OF THE NIGERIAN LEGISLATURE MUST BE CUT. THE BICAMERAL NATURE MUST BE CUT AS WELL!
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