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Senators Earn N29m Monthly, N3bn Annually- Sagay

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Chairman of the Presidential Advisory Committee Against Corruption, Professor Itse Sagay has disclosed that an average Nigerian Senator earns three billion Naira per annum.

He made the revelation while delivering the Nigerian Society of International Law (NSIL) Public Lecture titled “The Many Afflictions of Anti-Corruption Crusade in Nigeria” as Guest speaker on Wednesday in Lagos.

“From the information I have gathered, a Nigerian Senator earns about N29 million a month and over N3 billion a year,” Sagay stated.

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 29 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

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

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