by Mark Babatunde, at 05:44 am, February 05, 2018, Politics

Africa’s highest paid Members of Parliament

The Nigerian Parliament. Photo Credit: Premium Times

Nigeria (Monthly Salary: $15,800)

Nigeria may be one of Africa’s largest economies, thanks to its sheer size and abundant oil reserves. The country boasts an impressive GDP of $568 billion.

Nevertheless, the vast majority of Nigeria’s 180 million people live below the poverty line with an average monthly wage of less than $80.

Despite the prevalent poverty, each Nigerian lawmaker earns an average monthly salary of about $15,800. The salaries of the 360 members of parliament and 109 senators cost Nigerian taxpayers $7.5 every month or $90 million every year.

Each legislator also earns a raft of non-taxable allowances in excess of $60,000.


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