"Hardship Allowance (50 per cent of B.S) - N1 242 122.70"
LOL.. Nigerian Senators and Parliamentarians are paid "Hardship Allowance" every month. Do they they get pregnant and give birth every monthly?..ROFL.. A tiger will never give birth to a sheep...now we know where most of their off-springs inherited their 419 tactics!!!
Thanks Mishe Fon for sharing
Manu
From: "Mishe Fon mishefon@yahoo.com [cameroon_politics]" <cameroon_politics@yahoogroups.com>
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Sent: Saturday, December 6, 2014 5:24 PM
Subject: [cameroon_politics] Fw: SPECIALREPORT: SALARY OF NIGERIAN SENATORS.
SPECIAL REPORT: SALARY OF NIGERIAN SIN-NATORS and PARLIAMENTARIANS
- Friday, 05 December 2014 23:41
After reading through this Special Report, any shred of doubt in the reader's mind that Nigeria is doomed and heading for a headlong, downward Plummeting will simply dissipate. The details of the remuneration of an average Nigerian Senator is detailed below:Basic Salary (B.S) - N2 484 245.50Hardship Allowance (50 per cent of B.S) - N1 242 122.70Constituency Allowance (200 per cent of B.S) - N4 968 509.00Newspapers Allowance (50 per cent of B.S) - N1 242 122.70Wardrobe Allowance (25 per cent of B.S) - N621 061.37Recess Allowance (10 per cent of B.S) - N 248 424.55Accommodation (200 per cent of B.S) - N4 968 509.00Utilities (30 per cent of B.S) - N828 081.83Domestic Staff (70 per cent of B.S) - N1 863 184.12Entertainment (30 per cent of B.S) - N828 081.83Personal Assistants (25 per cent of B.S) - N621 061.12Vehicle Maintenance Allowance (75 per cent of B.S) - N1 863 184.12Leave Allowance (10 per cent of B.S) - N248 424.55Severance Gratuity (300 per cent of B.S) - N7 452 736.50Car Allowance (400 per cent of B.S) - N 9 936 982.00TOTAL MONTHLY SALARY = N29 479 749.00 ($181 974.00)TOTAL YEARLY SALARY = N29 479 749.00 x 12= N353 756 988.00 ($2 183 685.00)EXCHANGE RATE: $1 = N162LEGISLATORS PAY WORLDWIDE PER ANNUMBritain - $105 400.00United States - $174 000.00France - $85 900.00South Africa - $104 000.00Kenya - $74 500.00Saudi Arabia - $64 000.00Brazil - $157 600.00Ghana - $46 500.00Indonesia - $65 800.00Thailand - $43 800.00India - $11 200.00Italy - $182 000.00Bangladesh - $4,000.00Israel - $114 800.00Hong Kong - $130 700.00Japan - $149 700.00Singapore - $154 000.00Canada - $154 000.00New Zealand - $112 500.00Germany - $119 500.00Ireland - $120 400.00Pakistan - $3 500.00Malaysia - $25 300.00Sweden - $99 300.00Sri Lanka - $5 100.00Spain - $43 900.00Norway - $138 000.00Cameroon - $127 000.00In terms of lawmakers' salaries as a ratio of GDP per capita, the gap is even much wider. While the salary of a Nigerian lawmaker is 116 times the country's GDP per person, that of a British member of parliament is just 2.7 times.The average salary of Nigerian worker based on the national minimum wage is N18 000.00,So, the yearly salary is N18 000.00 x 12 = N216,000.00 ($1 333.00)Remember, Yearly Salary of Nigerian Senator = $2, 183, 685.00Proportion: $2 183 685.00/$1 333.00 = 1 638It will take an average Nigerian worker 1,638 years to earn the yearly salary of a Nigerian Senator."Source: The Economist
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Posted by: Mishe Fon <mishefon@yahoo.com>
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