Use this space to put some text. Update this text in HTML

468x60 banner ad

Blog Archive

Copyright 2016 @ Breaking News. Powered by Blogger.

Subscribe To Our Newsletter

for advert placement call 08024760741 and send an email to lekanbabarinde@gmail.com

Wednesday, June 26, 2013

REVEALED: Senators' Salaries And Allowances In Nigeria

According to reports, below is an alleged breakdown of senators' salary and allowances in Nigeria:

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. [$190,192]

Wow, no wonder they never want to leave office! They even earn more than their "first" world counterparts! Do you think they deserve this bumper pay or not?

culled from naij.com

No comments:

Post a Comment

Message Sent