It’d take a Nigerian worker 1,638 years to earn annual salary of a Nigerian Senator

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    By ‘Dayo Showemimo
    (The earnings of Senators and members of the House of Representatives have formed the basis of several discussions in the past few days. Photo: DailyTimes)
    For the past 24 hours, the outrageous amount of money believed to be the earnings of Nigerian senators has been the trending topic of discussion not only online, but at offices, pubs and bars.
    So we thought to analyse it from another perspective.
    The average salary of Nigerian worker based on the national minimum wage is N18,000.00. So, the yearly salary is N18,000.00 x 12 = N216,000.00.
    Remember, yearly salary of a Nigerian Senator = N353,756,988.00
    Proportion: N353,756,988.00/N216,000.00 …Read More

    Source:: The NET