No I don’t make that much money but guess who does? Nigerian law makers. Yes those guys in the national assembly who were fighting on national television the other day. The annual salary for a law-maker is about $198739 per year and allowances of about 194636. I’m not sure if the allowances are monthly but I really hope they are annually. Just to put it into perspective I tried to find out what lawmakers in other countries earn and I came up with these numbers.
UK: $106,097.10 and allowances of about 193,302.94
New Zealand: about $149,918.35 including allowances
EU: $316,579 including allowances ( I think)
Canada: $153,406.55 including allowances
Nigeria: $198739 (annually) and allowances $194636.65 (maybe monthly)
( all annually of course).
Seems unbelievable doesn’t it. Wait till you read the break down of allowances paid to Nigerian MP’s.
consistency allowance @ 200% of Basic Salary
Furniture Allowance @ 300% of basic salary
Newspaper allowance @ 50%
Wardrobe allowance @ 25%
Recess Allowance @ 10%
Accommodation @ 200%
utilities @ 30%
Domestic Staff @ 75%
Entertainment @ 30%
Personal Assistance @ 25%
Vehicle Maintainance Allowance @ 75%
Leave Allowance @10%
and my personal favorite HARDSHIP Allowance @ 50% of Basic Salary
Very very interesting indeed, especially since we’re supposed to be a poor 3rd world. Don’t take my word for it though. Do some research and see if you come up with different numbers