When you talk about Nigeria, it has always been one of the poorest countries in the world according to poverty.io, Nigeria is one of the poorest countries in the world where an average Nigerian earns below $4 a day, notwithstanding Nigeria happens to be the country paying the highest salary and allowances to politicians.
Salary Structure for Nigerian Senators [Updated]
Nigeria spends 13.7% of its annual budget running cost of governance. Here’s the broken down salary structure for Nigerian senators;
|Hardship & Loans||6,500,000||–|
|Wardrobe and Furniture||4,500,000||–|
|Newspaper & Personal Assistant||400,000||–|
|Constituency & Gratuity||5,000,000||–|
|Motor Vehicle & Maintenance||8,000,000||–|
A Nigerian senator earns a total net salary of 21 million naira on the 29th of every month. The salaries are wired after the monthly expenditure approval of the accountant general of the federation.
Nigerians have expressed displeasure in such an ambiguous amount paid to legislators and even professors don’t earn up to that monthly. In the united states, senators earn far less than that which has raised concerns beyond the four walls of the country.
These lawmakers make millions of naira from various projects allocated to them through their constituency which has made more room for corruption, a total of 200 million worth of projects is allocated to them apart from their salaries.