Wednesday, 24 July 2013

Nigerian Law Makers, Highest Paid In The World


The huge and large amount being paid as salary to the country’s legislators, which is ranked the highest in the world, according to a new study, has attracted criticisms from Nigerians across the country, including economists and lawyers. The Economist magazine revealed that Nigerian federal legislators with a basic salary of $189,500 per annum (N30.6m) were the highest paid lawmakers in the world.

Report gave that; the basic salary (which excludes allowances) of a Nigerian lawmaker is 116 times the country’s GDP per person of $1,600. The $189,500 earned annually by each Nigerian legislator is estimated to be 52 per cent higher than what Kenya legislators, who are the second highest paid lawmakers, earned.

The report had suggested that a Nigerian federal lawmaker earned $189,000 or about N30m annually. The magazine also published details of the annual salaries of legislators in other countries, some of which include Ghana, $46,500; Indonesia, $65,800; Thailand, $43,800; India, $11,200; Italy, $182,000; Bangladesh, N4, 000; Israel, $114,800; Hong Kong, $130,000; Japan, $149,700; and Singapore, $154,000.  The big question now is that are these so called people being paid just to discuss about bills of marrying teenage daughters or have other better thing to really discuss?

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