Each Nigerian Senator earns N3bn per annum, says Prof Sagay

Chairman of the Presidential Advisory Committee Against Corruption, Professor Itse Sagay, has blown the lid over what has been a prized secret of members of the National Assembly – their earnings.

According to the law professor, an average Nigerian senator earns about N3billion per annum.

He made the revelation while delivering the Nigerian Society of International Law (NSIL) Public Lecture titled, “The Many Afflictions of Anti-Corruption Crusade in Nigeria” as Guest Speaker, on Wednesday, in Lagos.

“From the information I have gathered, a Nigerian senator earns about N29 million a month and over N3 billion a year,” Sagay stated.

The comprehensive breakdown of the salary of the senators given by Professor Sagay amounted to  N3, 264, 329, 264.10 per annum.

The breakdown of the salary of N29 million per month is as follows:

Basic Salary N2, 484, 245.50;

Hardship allowance, N1,242, 122.70;

Constituency allowance N4, 968, 509;

Furniture allowance N7, 452, 736.50;

Newspaper allowance N1, 242, 122.70;

Wardrobe allowance, N621,061.37;

Recess allowance N248, 424.55;

Accommodation N4,968,509;

Utilities N828,081.83;

Domestic staff N1,863,184.12;

Entertainment N828,081.83;

Personal Assistant N621,061.37;

Vehicle Maintenance Allowance N1,863,184.12;

Leave Allowance N248,424.55;

Severance Gratuity N7, 425,736.50

Motor Vehicle Allowance, N9, 936,982.00.

Sagay also spoke against the rush by younger politicians in a haste to run the affairs of the country, noting that Nigerian politics has quickly declined since the first  Republic.

According to Sagay, “One common thread that runs through the attitude of recent politicians borders on greed, avarice, self-service and accumulation of wealth at the expense of the country.”

“Why the rush? A young politician who wants to run at 25 will still become 30, it is just a matter of five years. Why can’t they wait to run? Most politicians are just consumed by greed and the younger they get, the corrupt they become,” the professor said.

 

 

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