Thursday, 27 June 2013

Obama's salary is $400,000 p.a, while Nigerian Senators are paid this....

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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.

One off payments As advised by Sagamite

Severance grautity @ 300%                                      7 452 736.50    Once they get fired
Motor Vehicle Allowance @ 400% of Bs                     9 936 982.00  - Every Four Years

Senators Salary per month  - N 2 456 647.7

Total per month = N29,479, 749.00. [$190,192]  * 109 Senators  Grand Total  = N 3 264 329 264.10


Hardship Allowance for which kind of hardship abeg? Newspaper made of gold? This the reason only occupation a Nigerian man dreams of is politics, by hook or by crook or die trying.smh

Four times this year, each of the 360 members of the House of Representatives will receive ₦35M  as "constituency allowance." In conservative terms, that's $300,000 per member per quarter. At the end of the year, then, each member of the House would have collected a cool $1.2 million.
That's not all...hold your breath for this- Each of the 109 senators collects ₦48 million per quarter. At the end of the year, each senator's haul will be in the neighborhood of $1.7 million.

Not bad for doing nothing right? 

3 comments:

  1. May God help us in dis country

    ReplyDelete
  2. That's why dem dey kill, maim and destroy to get there na! What do you expect? Plus the immunity against every heinous crime you can ever think of. Go and ask Elumelu and Omisore et al.

    ReplyDelete
  3. Outrgeous,mind boggling and wicked and the rich keep getting richer nd the poor poorer

    ReplyDelete