Tuesday 16 April 2013

Senator's salaries released. Each earns N30m/month

If you didn’t want to have anything to do with Nigerian politics, you probably will after reading this.
The following is the breakdown of a Nigerian senator’s monthly salary.
Basic Salary (BS) = N2,484,245.50
(read breakdown)



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

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