Senators’ Salaries in Nigeria: How Much Do They Earn?
The salaries of senators in Nigeria are a hotly debated topic. Some people believe that they are too high, while others believe that they are fair.
In this article, we will take a closer look at the salaries of senators in Nigeria and discuss the factors that affect them.
How Much Do Senators Earn in Nigeria?
The basic salary of a senator in Nigeria is NGN 1.5 million per month. This is equivalent to approximately $7,700 USD. However, senators also receive a number of allowances, which can significantly increase their total compensation.
The following are some of the allowances that senators receive:
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Hardship allowance: NGN 263,490 per month
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Constituency allowance: NGN 150,710 per month
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Vehicle allowance: NGN 237,590 per month
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Entertainment allowance: NGN 35,511 per month
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Utilities allowance: NGN 32,683 per month
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Leave allowance: NGN 13,568 per month
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Severance allowance: NGN 26,659 per month
In addition to these allowances, senators also receive a number of other benefits, such as free medical care, housing allowance, and travel allowance.
Are Senators’ Salaries Too High?
There is no consensus on whether or not the salaries of senators in Nigeria are too high. Some people believe that the salaries are fair, given the responsibilities that senators have. Others believe that the salaries are too high, especially considering the poverty that is widespread in Nigeria.
A 2019 survey by the non-profit organization BudgIT found that the average Nigerian earns NGN 33,000 per month. This means that the average senator earns about 45 times more than the average Nigerian.
The Outrage
The high salaries of senators have caused a lot of outrage among Nigerians. Many people believe that the salaries are unfair and that they are a symbol of the government’s disconnect from the people.
In 2019, a group of Nigerian students protested against the high salaries of senators. The students argued that the salaries were a waste of public money and that they should be reduced.
The Way Forward
There are a number of ways to address the issue of the high salaries of senators in Nigeria. One way is to reduce the salaries themselves. Another way is to increase the transparency of how the salaries are used. Finally, it is important to hold senators accountable for their performance.
FAQ About Senators’ Salaries in Nigeria
What is the average salary of a senator in Nigeria?
The average salary of a senator in Nigeria is NGN 1.5 million per month.
How much can a senator earn in Nigeria?
The total amount of money that a senator can earn in Nigeria varies depending on the allowances that they receive. However, it is not uncommon for senators to earn more than NGN 2 million per month.
What are the factors that affect the salary of a senator in Nigeria?
The factors that affect the salary of a senator in Nigeria include the allowances that they receive, their experience, and their party affiliation.
How can I increase my chances of becoming a senator in Nigeria?
There are a few things you can do to increase your chances of becoming a senator in Nigeria:
- Get a good education.
- Gain experience in government or politics.
- Build a network of contacts.
- Run for office and win.