“Monthly 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.
Average Salary of Nigerian Worker as recommended Nationally
Minimum Wage is N60,000.00.
So, the yearly salary is
N60,000.00 x 12 = 720,000.00.
Remember,
Yearly Salary of Nigerian Senator = N353,756,988.00
(Three hundred and fifty-three million, seven hundred and fifty-six
thousand, nine hundred and eighty Naira.
proportion:
N353,756,988.00/ N720,000 = 491
It will take an average Nigerian worker 491 years to earn the
Yearly Salary of a Nigerian Senator.”
N/B: these post no any actual link as I been get am from my community WhatsApp group and thought it wise to bring it to the forum make we all see why the well being of the common man no concern the senate but rather na national anthem be their problem and do you agree that their salaries should be reconsidered?