AN EMPIRICAL ANALYSIS OF THE SALARY OF MAJOR POLITICAL OFFICE HOLDERS.

1) President Barack Obama (USA)- $400,000.

2) Prime Minister Davad Cameron (UK) - $222,000.

3)President Nicolas Sarkozy (France) – $302,000.

4)Chancellor Angela Merkel (Germany) - $296,000.005.

5)President Hu Jintao (China)- $11,000.00.

Now Compare the above with the yearly salaries of Nigerian Federal Lawmakers

1) Senator (Nigeria) – $1,100,000.00

2) Member, House of Representative (Nigeria) – $834,402.00

A SNEAK PREVIEW OF OUR PRESIDENT AND VP’s PROPOSED EXPENDITURE

* If u buy 40 newspapers/day for 366 days @ N350, you’ll spend N5.12m. Our VP’s Newspapers budget in 2012 is N45.08m!

**Jonathan’s feeding allowance is N1 billion naira for this year… At an exchange rate of N159 to $1, N1b equals $6.3million dollars this equates to about $17,231 that is N2,739726 per day on food 

President Obama will not spend this!!!

**At N70,000 a month the money spent on feeding by the President will pay the salaries of 1200 Nigerians for a year!!!

**The Federal Government earmarked a curious N16.64million as rent payable on the official residence of Vice President Namadi Sambo, although the president and his deputy are not known to pay rents for their official residences. The presidency would spend another N230.133million on the acquisition, upgrading and

furnishing of the VP’s official guest house.

**Over N1.06billion comprising N500million for the construction and furnishing of the extension of the same VP lounge, and another N560million for the construction of official quarters for the VP’s director of protocols.N116.733million is provided for the installation of universal power system (UPS) facilities at the VP’s residence, while about N108million is to be spent on communication equipments at the VP’s guest house and the presidential villa.Other expenses include N20.80million for plant/generator fuel cost, and N10.40million for maintenance of plants/ generators, as against N54.33million and N15.216million respectively by the president.Also, the Presidency is to spend about N203.88million for the construction/provision of electricity at the villa this year, in addition to about N85.21million electricity charges and another N168.72million provided in the budget for fuel and general lubricants. Honorarium and sitting allowance, N173.75million; publicity and advertisements, N77.56million; medical expenses, N84.3million; postages and courier services, N14.06million as well as welfare packages, N285.14million.The provision for general utilities include N56.48million for telephone charges; N42.94million for water rates and N80.8million for leased communication lines(s) Who is deceiving who?

What are these people contributing to the growth and development of the Nigerian economy to deserve such hefty salaries? Just this week, there was massive pay cut (up to 52%) for politicians in Singapore. On which planet is Nigeria?

One of the very few underdeveloped countries that can afford such blatant waste of our very limited resources… Enough is Enough of this LOOTING OF OUR TREASURY.

Nigeria is ranked as one of the countries

whose citizens have a high tolerance level but this oppression has gone on for too long. Its time to stand up for our rights. Its time to stand up for our rights!!!!!

#OCCUPY NIGERIA!!!