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

Nigeria, Cameroon, Chad and Niger deploy 2,800 troops against Boko Haram

Nigeria, Cameroon, Chad and Niger have agreed to quickly form a new force that would comprise 2,800 soldiers to fight the Boko Haram insurgents. The defence ...

Nine Nigerian Students Kidnapped In The Ukrainian City Of Lugansk

Nine Nigerian students have been reportedly kidnapped in the Ukrainian city of Lugansk, according to a statement by the representative of the National Security and ...

Bomb Explosion In Kaduna Leaves Many Dead!

An explosion has occurred in central Kaduna killing at least 10 people, a witness has said. The blast occurred Wednesday afternoon along Isa Kaita road which ...

Nollywood Actress Bukky Wright’s Second Marriage Crashes

It appears that the second marriage of popular Nollywood actress, Bukky Wright with her husband, Adewale Onitiri, has crashed. Reports say the couple almost ended the ...

Boko Haram Beheads Nigerian Air Force Officer - Very Disturbing Video

A disturbing video which showed a Nigerian Naval officer identified as Umar Abubakar being interrogated and later gruesomely murdered by Boko Haram men in Borno ... Full story

Popular Nigerian Pastor Chris Okotie Shows Off N400m fleet of cars

No doubt, the ageless multi award winning pop Musician, Chris Okotie; now known as Rev. Chris Okotie is a very wealthy man; who loves seeing ... Full story

Charles Okonkwo Jr., Nigerian in New York arrested after killing brother, beating respected doctor mother into a coma

Charles Okonkwo Jr., a Long Island, New York, teenager with a history of psychiatric problems killed his 15-year old brother and brutally beat his mother ... Full story

Parents Of Abducted Chibok Girls Arrive At Presidential Villa

Parents of the school girls that were abducted from Government Girls Secondary School, Chibok , Borno State on April 14, by the dreaded terrorist group, ... Full story

Sulaiman Abdulkarim Isah, Nigerian Man Wins Dubai International Holy Quran Award

A Nigerian man, Sulaiman Abdulkarim Isah has been announced winner of the 18th session of the Dubai International Holy Quran Award which was concluded on ... Full story

Rilwanu Lukman, Former Minister Of Petroleum Dead At 76

Former Minister of Petroleum, Dr. Rilwanu Lukman, is dead. He died this morning in Austria at the age of 76. Lukman, who was born in Zaria, ...

Samuel Kayode, Nigerian Pastor In UK Commits The Biggest Education Fraud In UK History

An accountant at a chain of academies championed by Michael Gove is at the centre of a fraud investigation after £4million of school funds ended ... Full story

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

Rate this article

0

Featured author

chuky01

Breaking News

Celebrity Birthday: Bimbo Oshin Ibironke Is A Year Older

Nollywood actress, Bimbo Oshin Ibironke who welcomed a new baby few weeks ago, is marking her birthday today, July 24, 2014.The actress who hails from ...

Too Much Sleep Is Bad For Your Health - A Professor Reveals

The general opinion we are mostly used to is that we need to sleep more to remain healthy and function right.But an expert warns that ...

Breaking News: Another Plane Gone Missing En Route from Ouagadougou

An Air Algerie flight crashed on Thursday en route from Ouagadougou in Burkina Faso to Algiers with 110 passengers on board, an Algerian aviation official ...

I Dress Comfortably Because of My Short Legs……….OAP, Toolz

When it comes to fashion and style in the media, one can sure give it to Media Mogulette, Toolz Oniru, who can’t but make fans ...

CIPMN tasks FG on indigenous oil exploration

The Chartered Institute of Personnel Management of Nigeria has urged the Federal Government to encourage indigenous operators in the exploration, refining, distribution and exportation of ...

Bayelsa demolishes structures of popular night club

Bayelsa State Capital City Development Authority has demolished some structures of popular night club, Bolex. The CCDA during the week put their bulldozer to work and ...

Beyonce Looks Over Jay-Z’s Shoulder To Read His Text Messages

Hehehehehe...No doubt every girl has done this before. Yes or no? Beyonce is surely no different.     ...

‘Dorobucci’ Fans Not Happy With Video [Watch]

Barely 48hours, the hit track song by the Mavin Crew ‘Dorobucci’ video was released, fans of the group have been left asking questions about the ...

MAVINS - DOROBUCCI ft Don Jazzy, Tiwa Savage, Dr SID, D'Prince, Reekado Banks, Korede Bello, Di'Ja

MAVINS - DOROBUCCI ft Don Jazzy, Tiwa Savage, Dr SID, D'Prince, Reekado Banks, Korede Bello, Di'Ja Story by Nigeriafilms.com Last Updated: 2 hours ago MAVINS - DOROBUCCI ft ...

Jessica Szohr posts cryptic message after ex Tommy Chiabra is seen cosying up to Selena Gomez

Gossip Girl star Jessica Szohr has posted a cryptic message after her ex-boyfriend Tommy Chiabra was spotted with Selena Gomez Gossip Girl star Jessica Szohr was ...