Blaad Money: Salaries and Allowances of Nigerian Senators Revealed

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Nigerian Senators are rumoured to be the highest paid public servants in the world, especially in the legislative. According to reports, below is an alleged breakdown of senators’ salary and allowances in Nigeria.

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. [$190,192]

 

Source: Naij

Segun Adekoye

Segun Adekoye

A rolling stone. A Netnerd. An idea laboratoire. I'm a strategist. Personal Blog. Follow me on Twitter @segunsd

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