Viewpointnigeria exclusively reports salary information for Senators of the Federal Republic of Nigeria. The monthly salary costs are broken down into various categories which range from Basic salary to other miscellaneous and add-on costs. Each of the 108 from the 36 states of the federation and the FCT will be entitled to such jumbo payments.
The revelation may irk and spite hard working Nigerians whose taxes are used to fund the extravagant payments to these legislators, whom many may argue don’t contribute much to governance.
Find the breakdown below:
– Basic Salary (BS) = N2,484,245.50
– Hardship Allowance: 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.
Viewpointnigeria exclusively reports salary information for Senators of the Federal Republic of Nigeria. The monthly salary costs are broken down into various categories which range from Basic salary to other miscellaneous and add-on costs. Each of the 108 from the 36 states of the federation and the FCT will be entitled to such jumbo payments.
The revelation may irk and spite hard working Nigerians whose taxes are used to fund the extravagant payments to these legislators, whom many may argue don’t contribute much to governance.
It is on record that Nigerian legislators are amongst one of the highest paid in the world -the average pay of a legislator in the UK is approximately £6,500 per month (which is equivalent to N1.6 million per month).
Find the breakdown below:
Total payment per month for each senator = N29,479, 749.00.
Total payment per year for each senator = N353,756,988.00
The payments consists of the following:
– Basic Salary (BS) = N2,484,245.50
– Hardship Allowance: 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.
These sums are separate from other privileges and perks which they would enjoy if they served on committees or are involved in sumptous liaison activities.
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