Nigerian Senators Earn More Than President Barack Obama And David Cameron

// Headline | Nigerian Senators Earn More Than President Barack Obama And David Cameron
Email to a friend Plain text Print version // Font size: Decrease font Enlarge font
Senate President David Mark

A Nigerian senator earns more in Salary than Barack Obama of the US and David Cameron of the UK. I'll leave you to tell how much Nigerian president goes home with at the end of each month. An Indian lawmaker must work for at least 49 years to earn the annual salary of a Nigerian senator.

In the United States, while the minimum wage is $1,257 (N191, 667), a US lawmaker earns $15,080 (N2.3m) per month. In the United Kingdom, a lawmaker earns $8,686(N1.3m) monthly while the gross national minimum wage is $1,883 (N283, 333) per month. Also, Nigerian lawmakers earn higher than their counterparts in Sweden. With a monthly pay of $7,707 (N1.2m), a lawmaker in Sweden will need to work for over 12 years to equal what a Nigerian senator earn per annum.

The president of the United States takes home an anual salary of $400,000 (N64.156,0m), including a $50,000 expense allowance making the president the highest paid public servant in the US. The $400,000 includes everything and $350,000 out of it is taxable.

Selected States (salary per annum)

The prime minister of the United Kingdom......USD 226,627.00 

French president......................................... USD 318,072.00 

South African president................................USD 296,112.00 

German chancelor........................................USD 296,112.00 

The Prime Minister of Belgium.......................USD 174,804.00 

President of the Republic of Korea.................USD 136,669.00 

President of Russia.......................................USD 122,652.00 

Prime Minister Portugal.................................USD 129,730.00 

Prime Minister Namibia.................................USD 115,155.00 

President of Angola......................................USD 60,000.00 

President Argentina......................................USD 55,139.00 

Prime Minister Ukraine..................................USD 61,254.00 

President Zimbabwe.....................................USD 18,000.00 

President of People's republic of China...........USD 10,633.00 

President Liberia..........................................USD 90,000.00 

Prime Minister Spain ...................................USD 102,960.00 

Prime Minister Namibia................................USD 115,155.00 

President Namibia.......................................USD 164,506.00 

President of Colombia ................................USD 120,685.00 

Prime Minister of the Netherlands.................USD 190,740.00 

Prime Minister Ireland.................................USD 264,000.00 

Prime Minister Denmark..............................USD 264,533.00 

President Mexico........................................USD 328,839.00 

USD 328,839.00 ........................................USD 427,886.00 

President Austria........................................USD 422,231.00 

President of the European Council................USD 508,916.00 

 

NIGERIAN SENATORS

Basic Salary (BS) = N2,484,245.50

 

Hardship Allowanc: 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    

 

A senator's anual salary   = over N182 million multiply by 109 senators (don't forget the House of rep, ministers, ambassadors,  ...)

 

In addition to the regular and legitimate salaries and allowances of over 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 over 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 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.

  

Please tell me, how do we expect this banana republican hell fire to become a country tomorrow. 

Do you still ask why Nigerian politics is a do or die affair?

Tagged : David Mark, Nigerian Senators, Barack Obama, David Cameron, Ike Ekweremadu, Nigerian Senators Salary

Headlines Newsview all

Residents catch mad woman with N100,000, ATM cards, and BlackBerry phones

A woman said to be mentally-challenged escaped being lynched by an angry mob on Wednesday after she was allegedly caught with N100,000, two BlackBerry phones ...

Uwem Job Beheads Cousins, Injures Two Others in Akwa Ibom State

A 35-year old man, Mr. Uwem Job, on Wednesday, beheaded two of his cousins, Mr. Akaninyene Job, 45; and Ezekiel Job, 36 in Ikot Nkim, ...

Manager Godwin Tom Very Angry Wizkid Parted Ways With Him

Nigeria’s music industry has witnessed another fall-out between an artiste and a manager as pop sensation, Ayo ‘Wizkid’ Balogun, and Waje have parted ways with ...

80 Abducted Girls Escape From Boko Haram!

About 80 students of the Government Girls’ Secondary School in Chibok Local Government Area of Borno State, abducted by the Boko Haram insurgents on Monday ...

UK NGO Blasts Okonjo-Iweala For Protecting Corruption In Nigeria, Calls For Her Resignation

The Corner House, a United Kingdom non-governmental organization, has urged Ngozi Okonjo-Iweala, Nigeria’s Minister of Finance and Coordinating Minister, to resign her appointment if she ... Full story

Nigerian ‘Witch Hunter’ Pastor Helen Ukpabio To Be Banned From The UK

Campaigners are urging for Helen Ukpabio, known as 'Lady Apostle', to be deported and banned from returning to the UK on the grounds her preaches ... Full story

Ex Beauty Queen And Nollywood Legend Regina Askia Visits Nigeria

Regina Askia-Williams (born Imaobong Regina Askia Usoro, Lagos, Nigeria, 1967) is a Nigerian-born, American-based registered nurse (RN), healthcare and educational activist, television producer, writer, and ...

18 Year Old S3x Worker Oluwatosin Ami Gang-Raped To Death

Two gangsters have been arrested by Policemen attached to the Orile Police Division in Lagos State for allegedly raping and killing an 18-year-old commercial sex ...

One dead, many injured after rival cult groups fight over girlfriend

A 33-year-old man has been killed during a feud between two rival cult groups around Iba new site. Trouble, as gathered, started on Monday, April 14, ...

Bus somersaults on Third Mainland injuring four

At least four people sustained injuries after a passenger bus somersaulted on the Third Mainland Bridge, Lagos, on Tuesday. It was learnt that the incident occurred ...

Boko Haram Terrorists Abduct 200 School Girls In Borno State

Suspected Boko Haram insurgents on Tuesday abducted no fewer than 100 girls at the Senior Secondary School, Chibok, Borno State, following a violent attack in ... Full story

Comment on: Nigerian Senators Earn More Than President Barack Obama And David Cameron

Rate this article

0

Breaking News

Ex-hubby Olumide Okufulure: I Changed Laide Bakare’s Live With A 2 million Naira Chrysler Car & A 4matic Benz

Nollywood actress, Laide Bakare, may have been going through tough time, but the actress seems not ready to reply her critics over her husband’s recent ...

Actress cum Style Icon Genevieve Shine In Escada Outfit

Award winning Nollywood screen diva, Genevieve Nnaji, who casted in the film adaptation of Chimamanda's Half of a Yellow Sun, attended the private screening of ...

I Wasted My Time With You But No Regrets At All–WizKid’s Manager Tells Him

Nigerian recording Afro-pop artist Ayodeji Ibrahim Balogun, popularly known as WizKid, has parted ways with his Former Manager called Godwin Tom.The duo separated after a ...

Terrorism In Nigeria Is Spiritual –IK Osakioduwa

Do you have a story/gist for publication? Please email it to story@nigeriafilms.com LILILL Zamfara | 4/17/2014 1:14:07 PM I like GLJ, but the serious problem is that, ...

Rapper cum Makeup Artist Dishes Advises On Recounts Of Her 6Years Battle With Acne

Talented Nigerian female singer, Eva Elohor Alordiah, popularly known as Eva, is one Nigerian star that is known for her uniqueness and artistry talents. Recently, ...

Miss Universe winner takes organisers to court

Report reaching us has it that 19-years old 2013 Miss Universe Ghana, Hanniel Jamin, has sued Roberta Annan Consulting (RAC), organizers of beauty pageant in ...

IF HE HITS YOU, RUN!!!!!!! Just run!!!! Don't listen to no pastor or family member to 'stay' ; Fashion Designer Estella Ogbonna Recalls Her Domestic Violence Ordeal

17 months ago, I quietly walked away from an abusive marriage after just 8 months that felt like my whole lifetime!I was ashamed that I ...

Funmi Iyanda Talks About Half of a Yellow Sun

Showbiz big girl and top TV lady, Funmi Iyanda has few things to say about the film entitled, Half of a Yellow Sun. She started ...

It’s So Difficult For Me To Meet Single People-Yvonne Okoro

Half-Nigerian, half-Ghanaian actress, Yvonne Okoro, I guess the lots would be in her favour as she seems to be doing better than ever, career wise.But ...

Lillian Esoro heart has been broken, shattered, scattered

When it comes to relationships, The path some have found so smooth is the same path others may see as bumpy, uphill and rough. The ...