Posts Tagged ‘Salary’

This really stinks – NIGERIA SENATOR’S SALARY PACKAGE!!!

Check out this email I received detailing the outrageous figures paid to a Nigeria Senator. Little wonder why everyone in Nigeria has political ambitions and will do whatever it takes to get there.

Basic Salary (BS) – N2,484,245.50

Hardship Allowance @ 50% of Basic Salary – N1,242,122.70 (I love this kind of hardship)

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 (Which kind newspaper be this, abi na online or hard copy?)

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  (Once they get fired.)

Motor Vehicle Allowance @ 400% of BS – N9,936,982.00 – Every Four Years

Senator’s Salary per month – N2,456,647.70
Total  = N29,479,749.00 Per Year
Allowance of Nigerian Senator: $1,500,000/year
GDP of Nigerian Economy: $45 Billion/year

A feeding frenzy!!!
ENOUGH IS ENOUGH!!!

Compare with this –

Salary of the U.S. President: $250,000/year
GDP of the U.S. Economy: $13 Trillion/year
What do these Senators do to deserve this pay?

Amazingly, I saw a recent news video on YouTube of Nigeria senators in a session demanding an increase to their yearly allowance. These guys want a whopping N30 million every month.

Most of the Pharmacists, Engineers, Lawyers, Doctors, Welfare coordinators, Teachers/Lecturers, Engineers, Civil Servants and other productive professionals cannot boast of N1 million per year. What a pity !!!

SAY NO TO THIS OPEN LOOTING OF NIGERIA.
SEND A LINK OF THIS POST TO ALL PATRIOTIC NIGERIANS.