Senators’ Salary in Nigeria – Full Breakdown
Before now, the actual salaries paid to senators were not disclosed to the public. With a lot of speculations, rumours and uncertainty around this subject, Senator Shehu Sani, a prominent Senator from Kaduna state, revealed to the public the monetary gains of a senator in Nigeria.
He revealed that Senators in Nigeria receive the sum of 750,000 naira per month as basic salary plus allowances of 13.5 million naira per month. This sums up in a total package of 14.25 million naira per month and a hooting sum of 171 million naira annually. When converted with the current black market rate of 360 naira to the U.S. dollar, it sums to a total of $39, 583 a month, and $475, 000 per year.
This ignited a huge outrage in the country as the masses were infuriated because the monthly salary plus allowance for one senator is equivalent to the minimum wage of 712 Nigerians cumulatively; the minimum wage being, 20, 000 naira. This further broadens the already huge boundary between the poor and the rich. As is tradition, all complaint were ignored and to date, the salary and running allowance remains the same.
