Nigerian Lawmakers Are Highest Paid worldwide: See Report - The Economist

Click banner for more info

The jumbo salary being paid Nigerian legislators, which ranked the highest in the world, according to a new study, has attracted sharp criticisms from across the country, including from economists and lawyers.

“This democracy is satanic. We have to review this democracy. The cost of maintaining the lawmakers is outrageous. What they are taking is too much,” said Nigerian professor

This is even as the minimum wage in Nigeria is among the very least in the world. The standard of living for the average Nigerian is getting worse, but all those holding political positions are living large...


A report by The Economist revealed that Nigerian federal legislators with a basic salary of $189,500 (N30.6m) per annum were the highest paid lawmakers in the world.

Continue............

Video: Nigeria Has Africa’s Highest Rate Of Investment Returns – Aganga

Click banner for more info

The Minister of Trade and Investment Olusegun Aganga has stated that Nigeria is in a unique position with the highest rate of returns on investment in Africa.

This he claims was made possible because the nation’s macro-economic stability is much stronger than most developing countries in Africa and this in 2012 made Nigeria become the highest destination for investment in Africa, attracting investment of about $8.6billion, with an increase of about 46 percent growth and investment.

Speaking on Channels Television’s Business Morning, the Minister explained that according to the Central Bank of Nigeria’s (CBN) result, the total foreign investments in Nigeria as at 2012 is in excess of $16billion, compared to $7.9billion in 2011.

Hypocrisy of the highest order !!!

Click banner for more info

"Alamieyeseigha has shown himself to be a dishonourable fellow, unfit to rule, unfit to sit among men and women of honour and integrity, unfit to preach to the people that he leads about ideals and values." -~ Dr. Reuben Abati, writing in The Guardian on November 25, 2005.

"Nigerians Reaction To Alamieyeseigha's Pardon Is ‘Sophisticated Ignorance."
~ Dr Reuben Abati, March 16th, 2013

Nigeria records 2nd highest Youtube figures in Sub Saharan Africa in 2012

Click banner for more info

Music, Nollywood among most viewed videos
There is little doubt that the Internet is having a profound effect on the way Nigerians do things - from business, to searching for information, to enjoying and sharing entertainment, the contemporary Nigerian's approach now wends towards using online tools. Since its launch in 2011, YouTube has warmed its way into the hearts of Nigerians, resulting in its extensive use across different sectors and groups.

In 2012, the number of views in Nigeria grew by an amazing 125%, making Nigeria the country with the 2nd highest viewership growth in Sub-Saharan Africa. According to the new figures which place Ghana in the top position with 140% viewership growth, Nigeria is ahead of the other Sub-saharan African countries with local YouTube domains- Kenya 95%, South Africa 80%, Uganda 75% and Senegal 75%.

List Of Highest Paid Nigerian Footballers In 2012

Click banner for more info

Nigerian footballers sure do not earn the sort of money some of their colleagues from other African countries like Ivory Coast (Didier Drogab, Yaya Toure), Cameroun (Samuel Eto) take home. However, that some of them earn quite impressive sums of money is very obvious.

Enter the List:

The fortunes of Nigeria’s footballers in various football leagues across the world may be dwindling as very few are able to land lucrative deals at prestigious clubs unlike their counterparts from South America and some African countries like Ghana, Ivory Coast (where Yaya Toure and Didier Drogba pull in enviable amounts as wages).

Top TEN Highest And Richest Footballers In The World – When Money Talks

Click banner for more info

Argentine professional footballer, Lionel Messi is the world’s highest-paid footballer, followed by David Beckham of England and Portugal’s Cristiano Ronaldo, according to France Football magazine. The Barcelona talisman Messi earns some 33 million euros ($43.5 million) a year with a 10.5-million-euro salary, 1.5 million euros in bonuses and 21 million euros in advertising and other contracts.

CLICK TO VIEW THE HIGHEST PAID FOOTBALLERS IN THE WORLD

Top TEN Highest And Richest Footballers In The World – When Money Talks

Click banner for more info

Lionel Messi

Description: 2012 Earnings: €33 Million (£27.5m)
2011 Earnings: €31 Million
Net worth: $110 Million – (estimated)
Current Club: FC Barcelona
The Barcelona star topped his €33 million earnings from the Spanish giants with sponsorship deals from the likes of adidas and Pepsi.

Nigeria Holds Record Of African Country With Highest Private Jet Ownership

Click banner for more info

The recent media report that Nigeria is now holding the enviable record of a country with the highest private jet ownership in Africa is unarguably rankling.This untoward development has brought into sharper focus the paradox of a nation that is endowed with huge oil resources but where only a few privileged individuals are wealthy.