Many Nigerians would like to know the actual amount Nigerian Senators earn monthly. This includes their salaries and other packages.
We at Leofirms have been able to gather accurate data on the earnings of Senators of the Federal Republic of Nigeria this 2018.
You know the Senators like to keep this information secret, but luckily we have been able to find out just how much Senators in Nigeria earn monthly.
By the time you finish reading this post, you would discover how expensive this system of government is, and also that most of it is a waste.
How Much Do Nigerian Senators Receives Per Month?
For one reason or the other Senator Shehu Sani, who represents Kaduna Central in the National Assembly, revealed how much lawmakers receive every month. This is an unusual act, as the Senate try to keep this figures from the public.
He disclosed that Nigerian lawmakers receive N13.5 million monthly as “running cost” in addition to a N700,000 monthly consolidated salary and allowances. Woah!!! All that money for what?
How much do Nigerian Senators earn yearly?
With the above figures a Nigerian Senator earns N20.5 million monthly. When multiplied by 12 months of the year, the senator is poised to earn N246 million.
For doing what?
For trying to make laws like Hate speech bill, and other draconian bills. The sad part is that is not all, this Senators would still go on to syphon public funds.
Least I forget, there is something called constituency development fee, that this senators find a way to enrich themselves with.
The constituency project itself is given on a zonal basis and almost every senator will go with a constituency fund of about N200 million.
One way or the other, we do not get to see any project on ground, though the money is always disbursed.
There you have it on this post “Here is Accurate Detail on How Much Nigerian Senators Earn Per Month (2018 Update).” I hope you found this helpful.