What a Senator Earns In Nigeria - Do Or Die Affair N 29 479 749 Per Year

THIS IS COULD BE STALE NEWS BUT ITS WORTH SHARING.
SOURCE: http://www.nairaland.com/nigeria/topic-276078.0.html

Author     Topic: What a Senator Earns In Nigeria - Do Or Die Affair N 29 479 749 Per Year  (Read 10345 views)
blacksta (m)    
    What a Senator Earns In Nigeria - Do Or Die Affair N 29 479 749 Per Year
« on: May 25, 2009, 10:27 AM »
   
Basic Salary  -                                                           2,484 245.50

Hardship Allowance  @ 50% of Basic Salary              1 242 122.70  ( I love this kind of hardship 00000)
Consistuency allowance @ 200% of BS                     4 968 509.00
Furniture Allowance @ 300% of bs                            7 452 736.50
Newspaper allowance @  50%                                  1 242 122.70 ( Which kind newpaper be this sh na online or hardcopy).
Wardrobe allowance @ 25%                                         621 061.37
Recess Allowance @ 10%                                              248 424.55
Accommodation @ 200%                                            4 968 509.00
utilities @ 30%                                                               828 081.83
Domestic Staff @ 75%                                                 1 863 184.12
Entertainment @ 30%                                                    828 081.83
Personal Assistance @ 25%                                           621 061.37
Vehicle Maintainance Allowance @ 75%                      1 863 184.12
Leave Allowance @10%                                                 248 424.55



                     one off payments   As advised by Sagamite

Severance grautity @ 300%                                      7 452 736.50    Once they get fired
Motor Vehicle Allowance @ 400% of Bs                     9 936 982.00  - Every Four Years



Senators Salary per month  - N 2 456 647.7

Total  = N 29 479 749  * 109 Senators  Grand Total  = N 3 264 329 264.10


What a drain

also do not forget the under the table sharing and ghana must go bags -  

I have a friend who was a former assistant to a former senator who was to sent to collect an envelope containing $500,000 for sharing amongst about 5 to 6 senators  i guess to favour a particular outcome.

Quote

Here are some of the miffing facts in their report. Four times this year, each of the 360 members of the House of Representatives will receive ₦35 million as "constituency allowance." In conservative terms, that's $300,000 per member per quarter. At the end of the year, then, each member of the House would have collected a cool $1.2 million.

If this figure has made you dizzy - or put you in a tizzy - hold on a minute until you hear this one. Each of the 109 senators collects ₦48 million per quarter. At the end of the year, each senator's haul will be in the neighborhood of $1.7 million. That's not a bad sum for doing - little to nothing.

In case you're wondering, these legislators gobble enough cash to give pocket money to President Barack Obama. Obama's salary is $400,000 per annum. That's less than what each Nigerian senator "eats" each quarter.

Mind; this gargantuan "constituency allowance" comes on top of salaries and other sundry allowances by the Abuja "lootocrats." As a former member of the National Assembly told me, there's no requirement that the legislators explain how they spend their so-called "constituency" funds.

"Throughout the four years I spent in the House," said this former representative, who asked for anonymity, "I don't know of one member who used the money to do anything serious in his or her constituency. The cash was pocketed."

http://www.nigeriavillagesquare.com/articles/okey-ndibe/a-feeding-f...



source - Revenue Commission & Segun Areluba , Focus Nigeria on AIT
   
asha 80 (m)    
    Re: What a Senator Earns In Nigeria - Do Or Die Affair
« #1 on: May 25, 2009, 10:30 AM »
   
source  Embarrassed
   
blacksta (m)    
    Re: What a Senator Earns In Nigeria - Do Or Die Affair
« #2 on: May 25, 2009, 10:43 AM »
   
Quote from: asha 80 on May 25, 2009, 10:30 AM
source  Embarrassed

Do you doubt the figures -   or do you think they earn less  Grin

   
sbo (m)    
    Re: What a Senator Earns In Nigeria - Do Or Die Affair
« #3 on: May 25, 2009, 11:00 AM »
   
Is the taxpayer getting value for money from the current democratic structure? Are our elected politicians offering the taxpayers value for money? Should we outsource the nation legislative function to the private sector? Or should our elected politicians’ salaries/allowances be performance related? While some of these questions may sound trivial, these were some of the thoughts going through my mind over the last few days. It was reported in Thisday newspaper recently that about 17,500 public officers at all tiers of government draw N1.21 trillion allowances every year from the public coffers. This amount represents 93 percent of the N1.3 trillion that it costs the economy to retain their services every year. The balance of seven percent or N90 billion represents basic salaries payable to these public officers. To put this in context, it means N1.3 trillion is paid out to maintain 0.0125% of the nation’s population! Whilst the newspaper provided a further breakdown of how much is paid out in salaries and allowances to all tiers of government, the focus of this piece focuses on the legislature.

According to the newspaper, the 469 federal law makers (109 senators and 360 members of the House of Reps) cost the nation over N76 billion yearly salaries, allowances and quarterly payments. The breakdown shows that senators account for about 21 billion or 28 percent of the amount while House of Representatives take up the remaining 72 percent or N54 billion. We now know that each member of the 54 standing Senate committee receives a monthly imprest of between N648 million and N972 million per year, while, a member of the lower legislative chamber receives N35 million or N140 million as quarterly or yearly allowances.

I don’t know about anyone else, but I find these figures mind blowing. It even became harder for me to reconcile these figures when I read in the Tribune Newspaper that only one bill - the 2009 Appropriation Bill - had been passed by the lawmakers five months into 2009, and that they passed only four laws in the 2008 legislative session. And these were my reasons for the questions in my introduction. Based on these performances, I will be interested to know any legislator who can justify these salaries and allowances. I also don’t think these current salaries and allowances are sustainable in the long term.

As you all know, the legislature is a type of representative deliberative assembly with the power to create and change laws. The main job of the legislature is to make and amend laws. In presidential systemof government, the legislature is considered a power branch which is equal to and independent of the executive. Members of the legislature are also expected to hold the executive accountable on matters that affect their electorates.

However, the Nigerian legislature is at odds with the functions of a modern democracy. Instead of holding the executive branch accountable for its actions, our lawmakers collude with them to loot the treasury. The ineptitude of the National Assembly is also not surprising, considering that most of these legislators don’t even understand their responsibilities. Our legislative assembly brews on of the highest level of mediocrity. In order to feed their greedy and kleptomaniac tendencies, they jump up for joy when Appropriation Bills are debated because it gives them opportunity to ‘load’ the national budget.
The nation expects more these lawmakers. Paying federal legislators N76 billion per year in salaries and allowances without commensurate performance is not acceptable by any standard. As I said earlier, we may be better outsourcing the function of the legislators to the private sector. I don’t expect that any company executive will be paid N140 million in allowances without delivering on company target.

I agree that politicians must be well paid to prevent them from being corrupt. However, political office should be seen as service and not short cut to riches. Salaries and allowances of elected politicians can never be at par with the private sector. And if any politician thinks it should, he might as well pursue a profession in the banking or oil and gas industry.

I have had the opportunity to live in two western democracies in the last 10 years, and I have met elected Members of Parliament in these countries. The members of parliament make themselves very accessible to their constituents. They have an obligation to make representation to government on behalf of their constituents on issues that affects their welfare. They operate a well staffed constituency office, and it is mandatory that they attend to their constituents on certain days of the week. Now tell me, how many legislators in Nigeria have an office in their local constituency? It is a well known fact that most of legislators when elected move permanently to Abuja. Even though they are paid an allowance to maintain a constituency office they never do. They only return at the end of their term to seek votes for re-election. What is the function of legislator who cannot fight for his constituents? We read everyday in the media how local community are being exploited by state agencies. I read a story about some local residents who were asked by PHCN to pay for an electric transformer to be replaced! In a civilized society, these are issues elected legislators should be fighting.

The present crop of legislators seems to have lost their heads. Instead of charting a new course which will help strengthen our democratic structure, they embarked on silly and grandiose goose chase, probing all sectors of the economy. No wonder why they have only managed to pass four bills in the last 18 months at cost of almost N76 billion per year. If the N1.3 trillion spent yearly on public officers is invested in the nation’s infrastructure, I’m in no doubt that the nation will be better off.

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