How 17,500 Nigerian Political Office & Industrial Labor Unions Pocket 80% of Country's Wealth

 [ Masterweb Reports ] - This is the continuation of part two of our Public Information on how less than 5% of Nigerians continued to corner and pocket close to 80% of her public finances on annual basis especially in areas of spurious allowances and scandalous overheads. This less than 5% Nigerians comprises 17,500 top public office holders including 12,788 elected LGAs’ chairmen, their deputies and councilors from the constitutionally recognized 774 LGAs in Nigeria. Others are 1,695 elected officials at the 36 States and Federal levels including 72 governors and their deputies, 469 federal lawmakers, 1,152 States’ lawmakers and the President and his deputy. Also included in the list of 17, 500 milky Nigerians are 3,062 appointed executives at Federal and States’ levels including about 472 federal executives excluding the president and his deputy already added above, about 2, 664 States’ executives excluding 36 States’ governors and their deputies already added above; 792 States’ judges and 142 federal judges. The 14,445 milky Nigerians with other additions by the Salaries & Wages Commission bring the total number of those milking the Nigeria’s public finances in the names of “allowances” and “overheads” to........ Read More

 

 

 

*Photo Caption - Disgraced and Jailed Delta State Governor, James Ibori. 

 
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