Author Senator's Pay World Wide  (Read 1039 times)

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Offline 9ja4real

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Senator's Pay World Wide
« on: May 05, 2016, 09:59:13 AM »
Senator's Pay World Wide:

* Sri Lanka $5,100.00
* India $11,200.00
* Malaysia $25,300.00
* Thailand $43,800.00
* Spain $43,900.00
* Ghana $46,500.00
* Saudi Arabia $64,000.00
* Indonesia $65,800.00
* Kenya $74,500.00
* France $85,900.00
* Sweden $99 300.00
* South Africa $104,000.00
* Britain $105,400.00
* New Zealand $112,500.00
* Israel $114,800.00
* Germany $119,500.00
* Ireland $120,400.00
* Hong Kong $130,700.00
* Japan $149,700.00
* Canada $154 000.00
* Singapore $154,000.00
* Brazil $157,600.00
* United States $174,000.00
* Italy $182,000.00
*Nigeria - $2,183,685.00

The details of the remuneration of an
average Nigerian Senator is detailed below;

* Basic Salary (B.S) N2,484,245.50

* Hardship Allowance (50% of B.S)
N1,242,122.70

* Constituency Allowance (200% of B.S) N4,968,509.00

* Newspapers Allowance (50% of B.S)
N1,242,122.70

* Wardrobe Allowance (25% of B.S) N621,061.37

* Recess Allowance (10% of B.S) N248,424.55

* Accommodation (200% of B.S) N4,968,509.00

* Utilities (30% of B.S) N828,081.83
* Domestic Staff (70% of B.S) N1,863,184.12

* Entertainment (30% of B.S) N828,081.83

* Personal Assistants (25% of B.S) N621,061.12

* Vehicle Maintenance Allowance (75% of B.S) N1,863,184.12

* Leave Allowance (10% of B.S) N248,424.55

* Severance Gratuity (300% of B.S)
N7,452,736.50

* Car Allowance (400% of B.S) N9,936,982.00

* TOTAL MONTHLY SALARY = N29,479,749.00 ($181,974.00)

* TOTAL YEARLY SALARY = N29,479,749.00 x 12 = N353,756,988.00

The average salary of Nigerian worker based on the national minimum wage is N18,000.00. So, the yearly salary is N18,000.00 x 12 = N216,000.00
Remember, yearly Salary of Nigerian Senator = N353,756,988.00
Proportion: N353,756,988.00/N216,000.00 = 1,638
It will take an average Nigerian worker 1,638 years to earn the yearly salary of a Nigerian Senator.

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Linkback: https://naijasky.com/countries/1871/senators-pay-world-wide/8418/

NaijaSky

Senator's Pay World Wide
« on: May 05, 2016, 09:59:13 AM »


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