A Nigerian senator earns more in Salary than Barack Obama and David Cameron

Below is a table of the earnings of some politicians in the US:
Public Officers Earning per year ($) Earning per year Naira (million)
President 400000.00 N60.0 Million
V. President 227300.00 N34.1 (Who is also the senate president).
Speaker of the House 223500.00 N33.5 Million
Majority Leader (Senate) $193,400 N29.1 Million
Minority Leader (Senate) $193,400 N29.1 Million
Other Senators 174000.00 N26.1 Million
Majority Leader (Representative) $193,400 N29.1 Million
Minority Leader (Representative) $193,400 N29.1 Million
Cabinet Secretary $193,400 N29.1 Million

Items Senator (N) Representative(N)
Basic salary/Regular allowances 11,145,200 9,926,062
Furniture 3,039,600 2,744,454
Motor Vehicle Loan 5,066,000 4,963,031
Duty Tour Allowance per day 23,000 21,000
Severance Gratuity 6,079,200 5,955,637
Estacodes $600 $550 (Limitless to the tune they want)



Other allowances expressed as percentages of basic salaries are:
Hardship Allowance @ 50%
Constituency allowance @ 200%
Newspaper allowance @ 50%
Wardrobe allowance @ 25%
Recess Allowance @ 10%
Accommodation @ 200%
Utilities @ 30%
Domestic Staff @ 75%
Entertainment @ 30%
Personal Assistance @ 25%
Vehicle Maintenance Allowance @ 75%
Leave Allowance @10%

This analyses translate to the fact that in addition to the regular and legitimate salaries and allowances of N17 million ($113,333) and N14.99 million ($99,933) which senators and reps were collecting yearly and the irregular allowance of estacodes, duty tours etc, they were also collecting N192m ($1.28m) and N140m ($0.93m) respectively in illicit quarterly allocation which is not provided for by RMAFC.

Effectively, a Nigerian senator was taking home at least $1.40m ($1.28m quarterly allocations + $0.113m regular salaries and allowances) as against the $0.174m an American senator takes home hence a Nigeria senator earns at least 8 times as much as an American senator and more than 3 times the American president.

Whereas a Senator in the U.S earns N21, 146,000, the same as a member of the House of Representatives; a UK Member of Parliament earn £64,766 (N14, 896,180)

In other words, a Federal Legislator in Nigeria is paid more than double what a Member of British Parliament earns per annum.

Senate President David Mark alone takes N250 million quarterly or N83.33 million per month. Senate Deputy President Ike Ekweremadu gets N150 million per quarter or N50 million a month.

Mark and Ekweremadu earns in 4 months, six times what the UK Prime Minister earns in a year. David Cameron goes home with £190,000 per anum (N43, 700,000)

In a Next newspaper news article entitled ‘An Assembly for looting’ written by Musikilu Mojeed with Elor Nkereuwem, the authors rightly claimed that each of the 360 members of the House of Representatives were getting N35 million in cash money in quarterly allocation while each of the 109 Senators pockets N48 million each. These allocations have however been slashed by 20% to N27 million ($180,000) and N38 million ($253,333) respectively due to the 20% reduction requested by the late president.

The cut has been a source of a major controversy in the House of Representatives in the past few days where members are agitating to jerk up the sum to N42m quarterly at a time when the government is lamenting being broke and when the already signed 2010 budget is being cut by as much as 40%. What a bunch of greedy inhuman lots! The discordance has caused members of the House to force the speaker, Dimeji Bankole to reduce his quarterly allowance from N140m ($933,333) to N100m ($666,667) or from an annual allowance of N560m ($3.73m) to N400m ($2.67m).

According to data obtained from CIA World Factbook, Nigeria has an estimated per capital income (purchasing power parity) of $2,400 in 2009 as against USA’s $46,400. This means that the average earning in the US is 19.33 times as much as in Nigerian.

With the reduced salary package, a Nigeria senator still get paid N11 million ($73,333) in regular salaries and allowances annually and N152m ($1.03m) in four (quarterly) allocation making a total of $1.11m plus irregular allowances like estacodes and duty tour allowances.

The Senate has allocated N1, 024,000,000 as quarterly allowance to its 10 principal officers, known collectively as the Senate leadership - Each of the eight other principal officers take home N78 million every three months or N26 million per month.

Besides, for this year, the Senate has voted N2.6 billion for local travel, N2.45 billion (foreign travel), N1.25 million (security), N2.28 billion (contingency), N750 million (guest houses for Mark and Ekweremadu), and N500 million (establishment of radio and television stations).

Source ;elombah blog

How mind-blowing! But come to think of it, politics is for service in the US/UK. In Nigeria, politics is business, and it ought to generate a profit. If one spends N500 million on campaign and related expenses, one has to recoup this investment very fast, and make huge profits into the bargain. God bless Nigeria!

Therefore it is easy to see why it has become an 'do or die' affair. What are minor scratches and broken limbs compared to the take-home.

why is our leaders adding hardship upon this robbery salary they collect