Wednesday, June 26, 2013

Salaries and allowances of Nigerian senators revealed


The salaries and allowances of Nigerian senators which have not been in the public knowledge have now been revealed. 

According to information reaching Naija StarNews 24, the breakdown of Salaries and Allowances due to a senator (Exclusive of all the Pecks) is as follows:


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. … [$190,192]

According to many who have spoken against these fat salaries, one of them who pleaded anonymity stated:  “How can we move forward as a country with this type of lawmakers' bloated salary? Nigeria is standing on very shaky foundation. The earlier we reverse this broad day robbery against the state, the more poised we are to actualizing our common destiny as a nation.”


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