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Shocking Disparity: Federal Government’s N27.47 Billion Spending on Senators Raises Concerns

Federal government’s annual expenditure of N27.47 billion on senators’ remuneration has sparked significant controversy amidst Nigeria’s economic struggles and low revenue. This amount is a staggering 1,861% higher than the salary recommendations set by the Revenue Mobilization Allocation and Fiscal Commission (RMFAC)….READ FULL ARTICLE...READ THE FULL ARTICLE HERE ▶▶

On Wednesday, Senator Sumaila Kawu of Kano South revealed his monthly earnings exceed N21 million, a figure dramatically higher than the RMFAC-approved N1.06 million. In an interview with BBC Hausa Service, Senator Kawu disclosed, “The monthly salary we receive is less than N1 million. After deductions, it amounts to around N600,000. However, each senator is allocated N21 million monthly for office expenses.”

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This revelation has intensified criticism from various quarters. The Nigeria Labour Congress (NLC) has condemned the N21 million monthly salary as grossly unfair, especially when compared to the N70,000 minimum wage received by ordinary workers.

Benson Upah, Head of Information at the NLC, stated, “It is unjust for senators to earn such exorbitant salaries while Nigerian workers struggle on minimal wages. Social inequality must be addressed.”

Upah also discussed the minimum wage negotiations, noting that the N70,000 agreed upon was a significant reduction from their initial demand of N615,000. He explained, “Our initial demands were much higher, but the government’s counter-offers were insufficient. We accepted N70,000 to secure something rather than walking away empty-handed. This agreement also allows us to negotiate a new minimum wage in two years, rather than the previous five-year cycle.”

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Economic experts have also criticized the vast gap between senators’ salaries and the high poverty levels in Nigeria. Patrick Ajudua, President of the New Dimension Shareholders Association (NDSA), called the disparity “very unfortunate,” highlighting the pressing need for equitable salary adjustments.

The growing divide between political salaries and the average worker’s earnings continues to fuel debate about fairness and economic justice in Nigeria….READ FULL ARTICLE

Written by Gistnub

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