Quick back-of-the-envelope calculations have revealed that the latest round of proposed salary schedule in Nigeria will gulp at least 12 billion naira of government money annually. The quick calculations are as follows:
Office
Salary (N)
Number
Gross Salary (N)
Benefits (N) (5x Salary)
President
1,400,000.00
1
1.4M
6M
Vice President
993,697.00
1
1.0M
5M
Senate President
993,697.00
1
1.0M
5M
Speaker, NASS
993.697.00
1
1.0M
5M
Deputy Senate Pres.
923,667.00
1
0.9M
4.5M
Deputy Speaker
923,667.00
1
0.9M
4.5M
Senators
809,000.00
109
88M
440M
Member, NHASS
794,085.00
360
288M
1,440M
Governor
889,482.00
36
32.4M
160M
Deputy Governor
884,886.00
36
32.4M
160M
Accountant General
672,479.00
1
0.7M
3.5M
Commissioner
534,890.00
360
190M
945M
Secretary SG
534,890.00
36
19M
95M
Chairman of Commission
513,021.00
100
51M
255M
Head of Civil Service
509,663.00
1
0.51M
2.5M
Chief Judge, Grand Khadi
798,172.00
50
40M
200M
Speaker, State House Assy.
655,950.00
36
24M
120M
Deputy Speaker, State House Assy.
578,393.00
36
21M
102M
Member, State House Assy.
534,890.00
800
424M
2,120M
LG Chairman
454,156.00
774
350M
174M *
LG Vice Chairman
426,528.00
774
310M
162M *
Supervisor
404,650.00
774
310
150 *
Secretary
370,729.00
774
286M
143 *
LG Councilor
380,038.00
5000
1,900M
950M *
Total
10,837
4,395M
7,651M
Notes:
* 2.5 times basic salary.
The above table does not include Federal ministers and advisors, or the army of civil servants.
The totals of the actual benefits for each position above were listed to be anywhere from 250% of the basic salary to 600%. WE have used 500% for ease of calculations unless stated otherwise.
Where was the public input in this salary schedule? Can we afford such high salaries AND benefits ("perks") in our society? Absolutely not! Where will we get money for development?
Government manages wealth, and does not create it, and a society which rewards the most those who create the least wealth is an unjust one. Our society, by paying the highest set of salaries to its elected/political officials, does not promote the principle of government as service and sacrifice, and hence is one that is bound to promote both "sit-tightism" and rank corruption when elections come around.
And more under-development.
We got to do something about this. This is more than serious.