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NIGERIAN ECONOMY CAN'T TAKE CARE OF SENATORS AND THE EXPENSIVE PRESIDENTIAL SYSTEMIC OF GOVERNMENT
ANY
LONGER.

Senators' Annual Pay World Wide:

1.Sri Lanka:
$5,100.00.

2.Malaysia:
$25,300.00.

3.Spain:
$43,900.00.

4.Ghana:
$46,500.00.

5.Saudi Arabia:
$64,000.00.

6.France:
$85,900.00.

7.South Africa:
$104,000.00.

8.Britain:
$105,400.00.

9.Germany:
$119,500.00.

10.Canada:
$154 000.00.

11.United States:
$174,000.00.

12.Nigeria:
$2,183,685.00.

Details of the remuneration of an
average Nigerian Senator is stated below:

Monthly Basic Salary (B.S):
N2,484,245.50.

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.

Average Salary of Nigerian worker as recommended as National
Minimum Wage is N48,000.00.

So,the yearly salary is
₦57, 000.00 x 12 = ₦684,000.00.

Remember,
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:
₦353,756,988.00/ ₦684,000.00 = 517

It will take an average Nigerian worker 517 years to earn the
Yearly Salary of a Nigerian Senator.

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