The Plebiscite World
Advertisement
  • Politics
  • World
  • Opinion
  • Business
No Result
View All Result
  • Politics
  • World
  • Opinion
  • Business
No Result
View All Result
The Plebiscite World
No Result
View All Result
Home Uncategorized

NIGERIAN ECONOMY CAN'T TAKE CARE OF SENATORS AND THE EXPENSIVE PRESIDENTIAL SYSTEM OF GOVERNMENT ANY LONGER..By Mike Igbokwe

The Plebiscite World by The Plebiscite World
October 18, 2020
in Uncategorized
0 0
0
0
SHARES
10
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

NIGERIAN ECONOMY CAN’T TAKE CARE OF SENATORS AND THE EXPENSIVE PRESIDENTIAL SYSTEM OF GOVERNMENT
ANY LONGER..

Senators Annual Pay World Wide:

  • Sri Lanka – $5,100.00
  • Malaysia – $25,300.00
  • Spain – $43,900.00
  • Ghana – $46,500.00
  • Saudi Arabia – $64,000.00
  • France – $85,900.00
  • South Africa – $104,000.00
  • Britain – $105,400.00
  • Germany – $119,500.00
  • Canada – $154 000.00
  • United States – $174,000.00

*Nigeria – $2,183,685.00
The details of the remuneration of an
average Nigerian Senator is detailed below;
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

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
(three hundred fifty-three Million, seven hundred and fifty-six
thousand, nine hundred and eighty eight Naira.
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.

If you Love Nigeria your Country Join the #REFORMNIGERIA PROTESTS

MIKE IGBOKWE

A BANKER AND WRITES FROM

OWERRI.

Previous Post

ENDSARS PROTEST: A CRY FOR JUSTICE AND PEACE IN NIGERIA by President, Catholic Bishops Conference of Nigeria.

Next Post

Celebrities join Protests!!

The Plebiscite World

The Plebiscite World

Next Post

Celebrities join Protests!!

  • Trending
  • Comments
  • Latest

Big Pharma In Outrage Over Shaquille O-Neal's Latest Business Venture – He Fires Back.

October 17, 2020

ABOUT AFRICANS By Richard Smith.

June 15, 2020

65 pictures of capital project, achievement led by president Buhari administration by S. Hamis

March 5, 2021

ANAMBRA POLITICIANS EGWUGO ANDY UBAH CHANDUM ( OUTSMARTED) UBA… By Val Iwuchukwu

November 8, 2021

RIGHT OF REPLY: Anti-Genetically Modified Organism (GMOs) campaigners are not terrorists …A response to the Director-General, National Biosafety Management, NBMA.

Kasim Shettima’s Secrets Unfolded by Clement Udegbe.

Buhari’s certificate

WHEN THE PIGEONS REFUSE TO FLY

Kasim Shettima’s Secrets Unfolded by Clement Udegbe.

February 19, 2023

Politics of Nation Building – the Peter Obi Model… By Livy-Elcon Emereonye

February 14, 2023

The Afe Babalola testimonies By Owei Lakemfa

January 10, 2023

Pope Benedict: Shaped and dislocated by history By Owei Lakemfa

January 8, 2023

Recent News

Kasim Shettima’s Secrets Unfolded by Clement Udegbe.

February 19, 2023

Politics of Nation Building – the Peter Obi Model… By Livy-Elcon Emereonye

February 14, 2023

The Afe Babalola testimonies By Owei Lakemfa

January 10, 2023

Pope Benedict: Shaped and dislocated by history By Owei Lakemfa

January 8, 2023

.

No Result
View All Result
  • Politics
  • World
  • Opinion
  • Business

© 2022 - The Plebiscite World.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In