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.
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.
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