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Nigerian Senators Earn N1.4 Billion Annually, Says RMAFC

 In a country where economic disparities are glaring, the earnings of public officials often come under scrutiny. Recently, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) disclosed that Nigeria’s 109 senators collectively earn an astonishing N1.4 billion annually. This revelation has sparked widespread debate, with many questioning the appropriateness of such high earnings, particularly in a nation where poverty and unemployment rates are alarmingly high. Understanding the Numbers The RMAFC is the body tasked with determining the remuneration of public officials in Nigeria, including the President, Vice President, governors, and members of the National Assembly. According to the RMAFC’s latest report, each Nigerian senator receives approximately N13.3 million annually. This figure includes a basic salary, allowances, and other entitlements. While the basic salary may seem modest compared to global standards, it is the allowances and other benefits that significan...