Every senator in Nigeria earns N29m monthly, N3bn per annum – Itse Sagay

Chairman of the Presidential Advisory Committee Against Corruption, Professor Itse Sagay says information he has gathered, shows that every senator in Nigeria collects N29 million as monthly salary and N3 billion per annum. According to the Nation, Sagay disclosed this when he spoke at the Nigerian Society of International Law (NSIL) Public Lecture titled  “The Many Afflictions of  Anti-Corruption Crusade in Nigeria” in Lagos Wednesday.

“From the information I have gathered, a Nigerian Senator earns about N29 million a month and over #3 billion a year” he said.

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 naira per month is as follows:

Basic Salary N2, 484, 245.50;

Hardship allowance, N1,242, 122.70;

Constituency allowance N4, 968, 509.00;

Furniture allowance N7, 452, 736.50;

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Newspaper allowance N1, 242, 122.70;

Wardrobe allowance, N621,061.37;

Recess allowance N248, 424.55;

Accommodation N4,968,509.00;

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 maintained that most politicians are greedy and very corrupt and that the younger the politician is, the more corrupt he turns out to be.