Tuesday, March 19, 2013

Plundering of Resources by Nigerian Leaders: the Bane of Development

2015 is again around the corner beckoning to Nigerian political players to keep warming up while the centre stage is gradually being set.  It is also poised with its dangling, back-tearing, long sticks and irresistibly edible carrots to unleash excruciating pains on its victims while feeding its beneficiaries fat with carrots and gifts of cakes respectively. Unfortunately, the usual victims of elections have consistently been the voiceless masses who form the greater percentage of the total population of Nigeria. It has been sadly so for long. One only wonders if it will continue being so. Flagrant insensitivities to the plights of the governed and blatant misappropriation of huge funds that could have been channelled towards more profitable ventures form the disdainful attributes of most of our leaders here in Nigeria. Promises have become the necessary complements of political rhetorics which sooner than later melt into thin air while political cronies and cliques to those in power form the only beneficiaries of dividends of democracy at the vast expense of the less privileged. What are the gains of the electorates after seasons of theatrical elections other than unemployment, poverty, terrorism, lack of basic amenities and non-payment of retirees’ pension which often lead to untimely death of many who have sown their sweats and fruitful years to the service of their fatherland among other social anomalies?


It’s nothing but stupendous extravagance for a Nigerian senator to be earning more salary than the President of the United States and David Cameron of the United Kingdom. This leaves us to wonder how much the Nigerian president goes home with at the end of each month. Yet, they travel to these countries to buy common shoes and cutleries and pay whooping sums to access their health services while plundering the only available resources for the development of our common community health services.

A brief comparative analysis between the salaries of our kingly demi-gods whom we call our leaders and their international counterparts will clearly situate the damaging effects of such excessiveness.

An Indian lawmaker must work for at least forty-nine years to earn the annual salary of a Nigerian senator. In the United States, while the minimum wage is $1,257 (N191, 667), a US lawmaker earns $15,080 (N2.3m) per month. In the United Kingdom, a lawmaker earns $8,686(N1.3m) monthly while the gross national minimum wage is $1,883 (N283, 333) per month. Going even further, Nigerian lawmakers earn higher than their counterparts in Sweden. With a monthly pay of $7,707 (N1.2m), a lawmaker in Sweden will need to work for over twelve years to equal what a Nigerian senator earns per annum.

The president of the United States takes home an annual salary of $400,000 (N64.156,0m), including a $50,000 expense allowance making the president the highest paid public servant in the US. The $400,000 includes everything and $350,000 out of it is taxable.

The following represents the salary per annum of some international leaders:
 
The prime minister of the United Kingdom……USD 226,627.00

French president………………………………….. USD 318,072.00

South African president…………………………..USD 296,112.00

German Chancellor………………………………….USD 296,112.00

The Prime Minister of Belgium…………………..USD 174,804.00

President of the Republic of Korea……………..USD 136,669.00

President of Russia…………………………………USD 122,652.00

Prime Minister Portugal……………………………USD 129,730.00

Prime Minister Namibia……………………………USD 115,155.00

President of Angola………………………………..USD 60,000.00

President Argentina………………………………..USD 55,139.00

Prime Minister Ukraine…………………………….USD 61,254.00

President Zimbabwe……………………………….USD 18,000.00

President of People’s republic of China………..USD 10,633.00

President Liberia……………………………………USD 90,000.00

Prime Minister Spain ……………………………..USD 102,960.00

Prime Minister Namibia…………………………..USD 115,155.00

President Namibia…………………………………USD 164,506.00

President of Colombia …………………………..USD 120,685.00

Prime Minister of the Netherlands……………..USD 190,740.00

Prime Minister Ireland……………………………USD 264,000.00

Prime Minister Denmark…………………………USD 264,533.00

President Mexico………………………………….USD 328,839.00

USD 328,839.00 ………………………………….USD 427,886.00

President Austria………………………………….USD 422,231.00

President of the European Council…………….USD 508,916.00

The table below captures the breakdown of Nigerian Senator’s 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
A senators annual salary = over N182 million

I need a mathematician to help me multiply the minimum amount a Senator takes home per annum by the 109 senators in the upper chamber while not forgetting the House of representative members, ministers, ambassadors etc.

This is in addition to the regular and illegitimate salaries and allowances of over N17 million ($113,333) and N14.99 million ($99,933) which senators and reps were collecting yearly plus the irregular allowances of estacodes, duty tours etc, they were also collecting and over N192m ($1.28m) and N140m ($0.93m) respectively in illicit quarterly allocation which is not provided for by RMAFC.

Effectively, a Nigerian senator earns at least eight times as much as an American senator and more than three whooping times the American President.

It is obvious that a Federal Legislator in Nigeria is paid more than double what a Member of British Parliament earns per annum.


Senate President, David Mark alone takes N250 million quarterly or N83.33 million per month. Senate Deputy President, Ike Ekweremadu gets N150 million per quarter or N50 million a month. Mark and Ekweremadu earns in 4 months, six times what the UK Prime Minister earns in a year. David Cameron goes home with £190,000 per anum (N43, 700,000)

In a newspaper article entitled An Assembly for looting written by Musikilu Mojeed with Elor Nkereuwem, the authors rightly claimed that each of the 360 members of the House of Representatives were getting N35 million in cash money in quarterly allocation while each of the 109 Senators pockets N48 million each. These allocations have however been slashed by 20% to N27 million ($180,000) and N38 million ($253,333) respectively due to the 20% reduction requested by the late president.

Let us also check out the popular owners of oil blocs in the country and tell if the list will not include political leaders, former political office holders, political chieftains, political contractors and god-fathers just to mention a few.

It will also interest the public to know that according to the Central Bank of Nigeria, a member of the national assembly is paid an average of $80,000 per month, representing 25 percent of the federal budget. While the total federal government overhead budget is N536, 268, 49,280 and the total overhead of the National Assembly is N136, 259,768, 112.

It leaves very many us wondering that if these wanton official looting and incessant depletion of our treasury can't be curbed, then, an aged retiree may begin to see his grave much earlier than the appointed time; our youth will have to give up the thoughts of being employed, sheltered clothed and fed as a result of the devious stance of our leaders and their incorrigible propensity to plunder the existing resources of this country. Our resources have been commonly found to be at the cyclic disposal of the "fat cats" of this country who takes pleasure in seeing to the gruesome short-changing of the future of generations yet unborn as they keep setting dollars ablaze in the name of pleasures!  
 
Fellow Nigerians, which side of the coin do you embrace? What is your take on this as we gradually approach 2015?

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