SEE The Shocking Salaries Of Nigerian Lawmakers!

Date: 23-07-2013 12:54 pm (11 years ago) | Author: Olusola Agbaje
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- at 23-07-2013 12:54 PM (11 years ago)
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The jumbo salary being paid the country’s legislators, which ranked the highest in the world, according to a new study, has attracted sharp criticisms from Nigerians across the country, including economists and lawyers.

A report by The Economist magazine revealed that Nigerian federal legislators with a basic salary of $189,500 per annum (N30.6m) were the highest paid lawmakers in the world.

Quoting data from the International Monetary Fund and The Economist magazine of London, the study looked at the lawmakers’ basic salary as a ratio of the Gross Domestic Product per person across countries of the world.



According to the report, the basic salary (which excludes allowances) of a Nigerian lawmaker is 116 times the country’s GDP per person of $1,600.

The $189,500 earned annually by each Nigerian legislator is estimated to be 52 per cent higher than what Kenya legislators, who are the second highest paid lawmakers, earned.

An Associate Professor of Economics at the Ekiti State University, Dr. Abel Awe, said the lawmakers’ jumbo salary was indicative of the huge gap between the poor and the rich as well as between the ruler and the ruled.

He said it was unfortunate that the country was running the costliest democracy in the world.

Awe said, “This is part of the reason why 70 per cent of the nation’s budget is allocated to re-current expenditure. We are using a huge chunk of the nation’s resources to service just less than 1,000 people in a country of over 160 million people.

“We are running the costliest democracy in the world. We can’t develop this way when we spend huge money to service a few people. How will you get money for productive activities to expand the economy? An average Nigerian cannot access good medical care, good roads and other basic things of life when the legislators are smiling to the bank.

“This democracy is satanic. We have to review this democracy. The cost of maintaining the lawmakers is outrageous. What they are taking is too much.”


An economist, Mr. Henry Boyo, said the study had shown clearly that the cost of governance in Nigeria was very high.

Boyo, who noted that the cost of governance was predicated on the provisions of the Constitution, said it was high time Nigerians cried against the bloated cost of governance.

He said, “Our legislators’ actions or salaries are actually accommodated by the Constitution. In the past, we had less money and we had enough as a country. People are asking for a change of Constitution.

“It is unfortunate that it is the people who will do it that are the ones in charge. The legislators will not vote against themselves.”


However, the spokesman of the House of Representatives, Mr. Zakari Mohammed, dismissed the report as incorrect.

He said, “Whatever is being written is mere exaggeration and does not reflect what is accurate. They fail to realise that what we take as salaries are different from what we use in running our offices.

“These are two different issues. Most times, people just lump everything together and claim that it is our monthly salary; that is not correct. At the appropriate time, we shall react, because it is not just about the House but the National Assembly. The National Assembly will react at the right time.”


The report had suggested that a Nigerian federal lawmaker earned $189,000 or about N30m annually.

The magazine also published details of the annual salaries of legislators in other countries, some of which include Ghana, $46,500; Indonesia, $65,800; Thailand, $43,800; India, $11,200; Italy, $182,000; Bangladesh, N4,000; Israel, $114,800; Hong Kong, $130,000; Japan, $149,700; and Singapore, $154,000.

Posted: at 23-07-2013 12:54 PM (11 years ago) | Gistmaniac
- ebiteck at 23-07-2013 01:40 PM (11 years ago)
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Nothing new, we all know that they are all thieves, worst of all is that they are not even contented with it, may God help us
Posted: at 23-07-2013 01:40 PM (11 years ago) | Gistmaniac
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- Miriamangel at 23-07-2013 01:45 PM (11 years ago)
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mtchewwww see greed
Posted: at 23-07-2013 01:45 PM (11 years ago) | Newbie
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- beneno at 23-07-2013 01:58 PM (11 years ago)
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wetin we masses go fit do about am even when we know the amount??  Roll Eyes  Roll Eyes  Roll Eyes  Roll Eyes
Posted: at 23-07-2013 01:58 PM (11 years ago) | Addicted Hero
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- onasdave at 23-07-2013 02:01 PM (11 years ago)
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Omg....i no wan curse o but na god of iron go drain dia blood except if dem no dey enta car.....thieves!!
Posted: at 23-07-2013 02:01 PM (11 years ago) | Newbie
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- mary11 at 23-07-2013 02:01 PM (11 years ago)
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Its really shocking 2 see those idiots with empty brain earn dis much
And they expect our economy 2 grow *SMH

Posted: at 23-07-2013 02:01 PM (11 years ago) | Hero
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- zoe61 at 23-07-2013 02:07 PM (11 years ago)
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that is too bad
Posted: at 23-07-2013 02:07 PM (11 years ago) | Hero
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- Shegzan at 23-07-2013 02:18 PM (11 years ago)
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I saw it comin!!

Posted: at 23-07-2013 02:18 PM (11 years ago) | Gistmaniac
Reply
- vantheo at 23-07-2013 02:23 PM (11 years ago)
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and all they do is flog themselves wit mace everyday

Posted: at 23-07-2013 02:23 PM (11 years ago) | Hero
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- Idbabe at 23-07-2013 02:34 PM (11 years ago)
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Reading it makes it more annoying
Posted: at 23-07-2013 02:34 PM (11 years ago) | Hero
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- Noble12 at 23-07-2013 02:36 PM (11 years ago)
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God will punish all our head men.
Posted: at 23-07-2013 02:36 PM (11 years ago) | Gistmaniac
Reply
- merion at 23-07-2013 02:37 PM (11 years ago)
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normal
Posted: at 23-07-2013 02:37 PM (11 years ago) | Gistmaniac
Reply
- factfinding at 23-07-2013 02:52 PM (11 years ago)
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Honestly reading it will only course one heart attack and more annoying, upon the huge salary yet their not content they still wanna steal more, we have a long way to go Nigerian's
Posted: at 23-07-2013 02:52 PM (11 years ago) | Gistmaniac
Reply
- winace at 23-07-2013 02:55 PM (11 years ago)
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Very annoying
Posted: at 23-07-2013 02:55 PM (11 years ago) | Addicted Hero
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- zgrena at 23-07-2013 02:57 PM (11 years ago)
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  Shocked Really!  
Posted: at 23-07-2013 02:57 PM (11 years ago) | Newbie
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- Merlin at 23-07-2013 03:06 PM (11 years ago)
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The $189,000 is what accrues to them officially. The unofficial stuff (usually in Ghana bags) is much more. SMH Cry Cry
Posted: at 23-07-2013 03:06 PM (11 years ago) | Gistmaniac
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- angesco at 23-07-2013 03:10 PM (11 years ago)
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No wonder a senator in Ondo state did not know when he voted for under age marriage -  he was blinded by his huge salary!!!!
Posted: at 23-07-2013 03:10 PM (11 years ago) | Gistmaniac
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- adamiprofoma at 23-07-2013 03:18 PM (11 years ago)
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Why do hv to read it atall.Nonsense
Posted: at 23-07-2013 03:18 PM (11 years ago) | Newbie
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- softhils at 23-07-2013 03:21 PM (11 years ago)
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Thieves...God go judge una
Posted: at 23-07-2013 03:21 PM (11 years ago) | Gistmaniac
Reply
- Merlin at 23-07-2013 03:23 PM (11 years ago)
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Quote from: angesco on 23-07-2013 03:10 PM
No wonder a senator in Ondo state did not know when he voted for under age marriage -  he was blinded by his huge salary!!!!

 Grin Grin Grin I beg I no fit laff  Grin Grin Grin
Posted: at 23-07-2013 03:23 PM (11 years ago) | Gistmaniac
Reply
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