Obama’s $400,000 and the jumbo pay for Nigeria’s legislators

7 years ago by: Direct
[1] 2 3 4
(m) at 14-04-2013 09:48PM (7 years ago)

(8422 | Hero)

President Barack Obama’s total pay last year was $400,000, which is about $34,000. The pay package of the world’s most powerful leader was revealed Friday as America’s First Couple revealed their tax filings for 2012.
With President Obama already pledging a 5 per cent pay cut, the couple’s income will most likely head southwards in 2013.
In Naira terms, Obama earns about N64million yearly from his work as the President of the United States of America, a country three-tenths the size of the African continent.
The revelation immediately forces a comparison with the obscenely jumbo pay Nigeria’s lawmakers receive.

Nigerian senators currently draw a scandalous N180 million illegal allowance each annually, making them the world’s highest paid lawmakers.
This excludes their basic salary – a far lesser figure -and essential allowances approved by the Revenue Mobilization, Allocation and Fiscal Commission.
It also does not include allowances and estacodes the senators draw while on committee work within and outside the country.
A member of the House of Representatives also receives N144 million as allowances.

The principal officers for the two chambers receive far much more, with the Senate President said to be drawing an allowance of N250 million every quarter, making the allowances N1billion yearly.
Here is a full picture of the salary of the Nigerian senator :
NIGERIAN SENATORS
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
The issue still remains whether Nigeria’s lawmakers can justify this payout in a country ravaged by poverty, where more than 80 per cent of the people live on less than a dollar a day.
Does anybody know the total emoluments for Nigeria’s ministers and the President?


odprince (m) at 15-04-2013 12:21AM
(2064 | Gistmaniac)

our leaders are criminals.....with all the money that goes to them,still their never want good thing to come to the country,,evil leaders....no electricity,no roads,no water,no security,no job,no health care,no good hospital in the country,,,,,God have mercy on us Nigerians
Reply
moni4real (f) at 15-04-2013 12:51AM
(566 | Upcoming)

YOUR LEADERS ARE CORRUPT, CRIMINALS. WHAT DO U EXPECT FROM THEM? FOR NIGERIA 2 MOVE FORWARD, PEOPLE LIKE OBASANJO, TINUBU, BUHARI, ARTHUR EZE, AND SOME OTHER CRIMINALS NEED 2 DIE.
Reply
HOPEA23 (f) at 15-04-2013 01:27AM
(22357 | Addicted Hero)

Abeg bone those Nigeria leaders .... We all know how they make their money..

Reply
longben (m) at 15-04-2013 01:35AM
(877 | Upcoming)

i will be a senator come 2015.make una vote for me or else i will close naijapals kpechikom
Reply
Biafranwar (m) at 15-04-2013 01:50AM
(2848 | Gistmaniac)

Upon all the money they were stealing yet they dont want to work for nigerians
Reply
papadip (m) at 15-04-2013 02:04AM
(7107 | Gistmaniac)

It is a shame… These so called politicians are criminals of the highest order....

They thrive in the following; Extravagance, arrogance, opulence, ignorance, negligence, corruption, nepotism just to mention a few….

It makes me sick when the poor are dying; pensioners are not being paid for years, poor roads, insecurity and so on …. .
and yet they can dish out expensive gifts to virgins, well established folks, buy expensive jets, cars and  mansions,
pay the medical bills of stars, pardon their cronies and so on…
...they get away with every crime committed simply because we are divided tribally
and the politicians are aware of this notion and they are as united as ever.
The mentality of “Tribalism”,  “I Before Others” and “If You Can’t Beat Them Join Them” etc..
are well embedded in most Nigerians.
Like governor Ameachi said “we are too timid” and he was right.

The inequity is just beyond description.

What we need in this country is revolution of the people, by the people for the benefit of the people
and this can be achieved non-violently.
Are we ready? I guess not…
We are doomed for now.
Reply
toibeli (m) at 15-04-2013 03:14AM
(4374 | Gistmaniac)

Nigeria's problem is neither the armed robbers nor the kidnappers, our problem is the LEGISLOOTERS.
Reply
malvin2525 (m) at 15-04-2013 05:11AM
(5051 | Gistmaniac)

 Lips Sealed Lips Sealed Lips Sealed
Reply
dickman2 (m) at 15-04-2013 06:21AM
(34083 | Addicted Hero)

I see..
Reply
doncoyon (m) at 15-04-2013 06:23AM
(644 | Upcoming)

nawaoo for this useless leaders when will this end?
Reply
micc (m) at 15-04-2013 06:58AM
(9483 | Hero)

Ok na
Reply
denmal (m) at 15-04-2013 07:08AM
(3185 | Gistmaniac)

hnmm
Reply
Starship (m) at 15-04-2013 07:22AM
(296 | Upcoming)

THE FACT REMAINS THE SAME:::: WHO IS CONDEMNING THESE MEN?? U GUYS ARE HERE JUST TYPING TRASH COS DE DONT EVEN KNOW A SITE LIKE NAIJAPALS.COM... De read vanguard,, de sun,, de nation,, guardian,. Etc... Yet de still do their stuff..... If we the next generation should stage a strict way and demand their pay cut,, and ask dem to release their salary structure[as under freedom of information] through any competent court maybe it'll probably show we are serious... Lets think about it.....
Reply
arin (m) at 15-04-2013 07:40AM
(11 | Newbie)

Smh
Reply
Shegzan (m) at 15-04-2013 07:42AM
(6738 | Gistmaniac)

Kk!

Reply
lakman (m) at 15-04-2013 07:45AM
(986 | Upcoming)

crying for nigerians
Reply
dlimelite (f) at 15-04-2013 07:50AM
(13810 | Hero)

Quote from: odprince on 15-04-2013 12:21AM
our leaders are criminals.....with all the money that goes to them,still their never want good thing to come to the country,,evil leaders....no electricity,no roads,no water,no security,no job,no health care,no good hospital in the country,,,,,God have mercy on us Nigerians
Reply
dlimelite (f) at 15-04-2013 07:51AM
(13810 | Hero)

Quote from: toibeli on 15-04-2013 03:14AM
Nigeria's problem is neither the armed robbers nor the kidnappers, our problem is the LEGISLOOTERS.
And what are Nigerians doing about it
Reply
dlimelite (f) at 15-04-2013 07:52AM
(13810 | Hero)

Quote from: papadip on 15-04-2013 02:04AM
It is a shame… These so called politicians are criminals of the highest order....

They thrive in the following; Extravagance, arrogance, opulence, ignorance, negligence, corruption, nepotism just to mention a few….

It makes me sick when the poor are dying; pensioners are not being paid for years, poor roads, insecurity and so on …. .
and yet they can dish out expensive gifts to virgins, well established folks, buy expensive jets, cars and  mansions,
pay the medical bills of stars, pardon their cronies and so on…
...they get away with every crime committed simply because we are divided tribally
and the politicians are aware of this notion and they are as united as ever.
The mentality of “Tribalism”,  “I Before Others” and “If You Can’t Beat Them Join Them” etc..
are well embedded in most Nigerians.
Like governor Ameachi said “we are too timid” and he was right.

The inequity is just beyond description.

What we need in this country is revolution of the people, by the people for the benefit of the people
and this can be achieved non-violently.
Are we ready? I guess not…
We are doomed for now.

You've spoken well
Reply
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