For many Nigerians, we keep asking What is a Nigerian senator’s monthly Salary? This has been a question that comes up from time to time in Nigeria over the years. Recently, a senator representing Kaduna Central Senatorial District in the National Assembly, Senator Shehu Sani dropped a bombshell revealing what a Nigerian senator earns monthly. As a result, many a clamoring to know the Nigerian Senators Salary Structure. Here, you will see What A Nigerian Senator Earns Monthly.
According to Senator Shehu Sani, “I think what we can say is that the running cost of a senator is N13.5 million every month”. Please note the emphasis here is on “running cost”. He went further to say “Though no specific instruction on what the fund should be used for, lawmakers must provide receipts to back up their expenses from the running costs”. This running cost does not include the bonuses and other allowances as well as the salary of a senator.
So, we are forced to ask, “What is really the Nigerian Senators Salary Structure? What A Nigerian Senator Earns Monthly? We will go into details to reveal to you what a Nigerian senator earns monthly.
Nigerian Senators Salary Structure – See What A Nigerian Senator Earns Monthly
We would divide the earnings of a senator into 3 different categories
1. Monthly salary
The monthly salary of a Nigerian senator is #750,000 (Seven Hundred & Fifty Thousand Naira). This means a senator earns N9,000,000 (9 million naira) as annual salary. However, this money is nothing compared to the allowances a senator earns.
2. Constituency Project Fund
A Nigerian senator is allocated a whooping N200,000,000 (200 million naira) for constituency project. Senator Shehu Sani revealed how this constituency project allowance works. “The constituency project itself is given on a zonal basis and almost every Senator will go with a constituency fund of about N200 million, but it is not the cash that is given to you. You will be told that you have N200 million with an agency of government for which you will now submit projects equivalent to that amount. And it is that agency of government that will go and do those projects for you”.
The greatest source of income of a Nigerian senator is from this allowance. It is estimated that a senator takes home N9, 525,985.50 as allowance on annual basis. However, this sum of money is for different allowances.
The allowances mentioned earlier are broken down as follows:
- Vehicle fueling
- Vehicle maintenance
- Domestic staff
- Personal assistant
- Entertainment recess
- Newspaper/periodic allowance, house maintenance
- Duty tour
After a four year duration in the national assembly, the senator is paid an extra amount of N24,000,000 (24 million Naira). This is payment for a host of other things, like severance allowance, furniture allowance, vehicle loan and accommodation.
The running allowance which Senator Sani spoke about most likely falls into this place, albeit a different allowance on its own. When you add the allowances as well as the monthly salary, you could see a Nigerian senator earns approximately 19m annually. So, you can now see what a Nigerian senator earns monthly.
Do you have any question on the Nigerian Senators Salary Structure? Do you think they deserve this huge sum of money? Let’s hear from you.