ACCORDING TO THE ECONOMIST,A FINANCIAL PAPER,DS IS D ALLEGED BREDAK DOWN OF OUR LAWMAKERS SALARY: Basic Salary (BS) = N2, 484, 245.50 Hardship Allowance: 50% of Basic Salary= N1, 242, 122.75. Constituency allowance: 200% of BS = N4, 968, 509.00. Furniture Allowance: 300% of BS = N7, 452, 736.50. Newspaper allowance: 50% = N1, 242, 122.70. Wardrobe allowance: 25% = N621, 061.37. Recess Allowance: 10% = N248, 424.55. Accommodation: 200% = N4, 968, 509.00. Utilities: 30% = N828, 081.83. Domestic Staff: 35% = N863, 184.12. Entertainment: 30% = N828, 081.83. Personal Assistance: 25% = N621, 061.37. Vehicle Maintenance Allowance: 75% = N1, 863, 184.12. Leave Allowance: 10% = N248, 424.55 One off payments (Severance gratuity): 300% = N7, 452, 736.50. Motor Vehicle Allowance: 400% of BS = N9, 936, 982.00. TOTAL PER MONTH = N29, 479, 749.00 (between $189,500 and $190,192)
Posted on: Tue, 23 Jul 2013 05:40:14 +0000
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