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Nairametrics
Home Spotlight

[Institute of Legislative Studies] This Is What A Nigerian Legislator Earns Annually

Nairametrics by Nairametrics
October 12, 2015
in Spotlight
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Nigerians have for years been clamoring to know how much their legislators earn annually as the huge disparity between the rich and the poor continues to widen. Before now a lot of newspaper and online reports rely on third-party sources or sources independent of the National Assembly to determine the income of legislators.

However, the National Institute of Legislative Studies, NILS has released a report, showing what constitutes the earnings of federal legislators in Nigeria. The report detailed the breakdown against that of some select countries also. See their annual salaries below;

ANNUAL SENATORS (N) HO– USE OF REPS (N)
Basic Salary 2,026,400.00  .50
Vehicle Fuelling/Maintenance 1,520,000.00 1,489,000.00
Constituency 5,000,000.00 1,985,000.00
Domestic Staff 1,519,000.00 1,488,000.00
Personal Assistant 506,600.00 493,303.00
Entertainment 607,920.00                  595,563.00
Recess 202,640.00 198,521.00
Utilities 607,920.00 397,042.00
Newspapers/Periodicals 303,960.00 297,781.00
House Maintenance 101,320.00 99,260.00
Wardrobe 506,600.00 496,303.00
Estacode 950.00** $900.00**
Tour Duty 37,000.00 35,000.00**
TOTAL 12,902,360.00 9,525,985.50

*** Not added to total N12,902,360.00 x 109 Senators = N1,406,357,240.00  N9,524,985.50 x360 House of Rep Members = N3,428,994,780.00

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TENURE (EVERY 4 YEARS) SENATORS (N) HO– USE OF REPS (N)
Accommodation 4,000,000.00 3,970,000,00
Vehicle Loan 8,000,000.00 7,940,000.00
Furniture 6,000,000.00 5,956,000.00
Severance Gratuity 6,090,000.00 5,956,000.00
TOTAL 24,090,000.00 23,822,000.00

N24,090,000.00 x 109 Senators = N 2,625,810,000.00

N23,822,000.00 x 360 House of Reps Members =  N8,575,920,000.00

 

GRAND TOTAL

SENATE: 36,992,360 = $184,962.00

HO– USE OF REPRESENTATIVES: 33,347,985.5 = $166,740.00

 

 

Tags: News Review
Nairametrics

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