WHAT SENATORS EARN IN NIGERIA AND MOST COUNTRIES IN THE WORLD.. SENATOR’S PAY WORLDWIDE PER ANNUM

* Bangladesh – $4,000.00 * Sri Lanka – $5,100.00 * India – $11,200.00 * Malaysia – $25,300.00 * Thailand – $43,800.00 * Spain – $43,900.00 * Ghana – $46,500.00 * Saudi Arabia – $64,000.00 * Indonesia – $65,800.00 * Kenya – $74,500.00 * France – $85,900.00 * Sweden – $99 300.00 * South Africa – $104,000.00 * Britain – $105,400.00 * New Zealand – $112,500.00 * Israel – $114,800.00 * Germany – $119,500.00 * Ireland – $120,400.00 * Hong Kong – $130,700.00 * Japan – $149,700.00 * Canada – $154 000.00 * Singapore – $154,000.00 * Brazil – $157,600.00 * United States – $174,000.00 * Italy – $182,000.00 *Nigeria – $2,183,685.00 The details of the remuneration of an average Nigerian Senator is detailed below;

* Basic Salary (B.S) – N2,484,245.50 * Hardship Allowance (50% of B.S) – N1,242,122.70 * Constituency Allowance (200% of B.S) – N4,968,509.00 * Newspapers Allowance (50% of B.S) – N1,242,122.70 * Wardrobe Allowance (25% of B.S) – N621,061.37 * Recess Allowance (10% of B.S) – N248,424.55 * Accommodation (200% of B.S) – N4,968,509.00 * Utilities (30% of B.S) – N828,081.83 * Domestic Staff (70% of B.S) – N1,863,184.12 * Entertainment (30% of B.S) – N828,081.83 * Personal Assistants (25% of B.S) – N621,061.12 * Vehicle Maintenance Allowance (75% of B.S) – N1,863,184.12 * Leave Allowance (10% of B.S) – N248,424.55 * Severance Gratuity (300% of B.S) – N7,452,736.50 * Car Allowance (400% of B.S) – N9,936,982.00 * TOTAL MONTHLY SALARY = N29,479,749.00 ($181,974.00) * TOTAL YEARLY SALARY = N29,479,749.00 x 12 = N353,756,988.00.

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 Remember, Yearly Salary of Nigerian Senator = N353,756,988.00 Proportion: N353,756,988.00/N216,000.00 = 1,638 It will take an average Nigerian worker 1,638 years to earn the yearly salary of a Nigerian Senator.

This does not happen in any other country in the world………………………………..

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One thought on “WHAT SENATORS EARN IN NIGERIA AND MOST COUNTRIES IN THE WORLD.. SENATOR’S PAY WORLDWIDE PER ANNUM

  1. The annual income of legislators is is one issue that Nigerians should challenge. The federal government should slash the annual income of legislators by 2/3 at least. Being a member of the Senate or House of representatives is for service to humanity and not to earn an extremely large income particularly where the average income of a Nigerian worker is quite low.

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