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Nairaland Forum / Nairaland / General / Education / FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors (34240 Views)
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FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by NewFolm4(m): 5:39am On Jul 15, 2022 |
• ASUU alleges blackmail A professor in the Nigerian university system will earn N2 million monthly salary, if the Federal Government accepts the recommendations of its committee on the 2009 agreements with university-based unions.https://thenationonlineng.net/fed-govt-committee-recommends-n2m-monthly-pay-for-professors/ 4 Likes 2 Shares
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Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by tony0806: 5:43am On Jul 15, 2022 |
*MODIFIED* 2,000,000 monthly As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions). That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly. As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira/dollar, If 1 barrel is about 93 dollars, this becomes 1,200,000 x 93$ = 111,600,000 per day that's a total income of 111,600,000 x 414 = 46,202,400,000 (Nigeria's income from crude oil). THEN; 46,202,400,000 x 30 days = 1,386,072,000,000. This is over 1.3 Trillion naira monthly. Boy o boy, This country is making money. SUMMARILY, THE GOVERNMENT CAN PAY ASUU COMFORTABLY. 139 Likes 10 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by IboHausaYoruba: 5:46am On Jul 15, 2022 |
I promise you that Obi will implement 3Million per month for all professor if we can support him. That's why they have started having sleepless night because of Obi and Obidient people. You think it's a child play for Afenifere to declare for Obi, you think it's a child play for Simon Ekpa to stop sit at home and become Obidient, you think Mazi Nnamdi Kanu didn't see the future to have commanded all Nigerian youth for Obi. At the mention of LP, other parties become jittery. Enough is enough, all old cargos and drug barons must retire from politics by fire by force. 70 Likes 10 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by tardell007(m): 5:47am On Jul 15, 2022 |
Na so 3 Likes 1 Share |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by tempest01(m): 5:47am On Jul 15, 2022 |
If senators are earning twenties to thirties of millions, then why not? 1 million is a fair price for a professor. You people need to start paying the masses fair wages so that you know there is no much remaining to loot. Maybe you will curb corruption and reduce cost of governance then. The whole labour force should ideally go on strike and demand a fair living wage. 55 Likes 2 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by lawrenzooo: 5:48am On Jul 15, 2022 |
Thank God it was the federal government committee that made the recommendation and not ASUU demanding for 2 million. Am not sure our government value our education that much to want to Pay a prof. Over $3000 per month. Am sure salary and payment issue were not the only thing in the report. They should stop making it look as though salary and allowances are the only thing ASUU is fighting for there are other issues as well. If some of the terms on that report is not workable what happens to renegotiating and working out the workable ones? Summarily : Our leaders are not yet ready to upgrade our education system. Hopefully Nigerians make the right choice next election. 38 Likes 1 Share |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by socialmediaman: 5:48am On Jul 15, 2022 |
Using moderate estimates, The average salary of a college professor in America is about N4 million naira monthly plus or minus (using N500 to $1) The average cost of a 2 bedroom apartment in America is about N7 million annually, while the average cost in Nigeria (Lagos mainland) is about N700,000 annually So based on this very simple comparison, why does a college professor in Nigeria want to earn half the salary of an American college professor when his expenses and standard of living are over 10x less? 81 Likes 9 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by mejai(m): 5:49am On Jul 15, 2022 |
1 Like |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by freemi(m): 5:49am On Jul 15, 2022 |
It's too much. We no send wunna that kind work 17 Likes |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by inoki247: 5:49am On Jul 15, 2022 |
You don pay the one wey dem ask you or who send u diz shadow again or you wan create anoda problem for the incoming Govt..... 4 Likes |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by donpata(m): 5:49am On Jul 15, 2022 |
Well, a Prof. in Ghana earns close to a million a month. N2M won't be bad for a Prof in a country that prides itself as "Giant of Africa". Besides, a Prof. in an average Western University earns around N5m monthly without the stress Nigerian Lecturers have to go through. So, compare that with a Profs sub 500k total take home pay and see how low we are. That said, this report is either a product of Mushroom, or malicious journalism. Ngige, in his vituperations claimed the lecturers jacked up their salaries by about 180%. No Prof currently earns up to N500k as total take home from CONUASS. How much is 180% of 500k? The actual amount will be slightly below 900k per month. How the olodo journalist got to 2M which is like 4.5times the current pay is quite funny. While this argument is going on, Buhari is releasing 400bn for useless tradermoni. The reason Ngige has been playing with this whole thing is cos he knows Buhari will do nothing to him or anyone from the FG team for that matter. TRULY, BUHARI IS A MISHAP. 20 Likes 4 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by seanwilliam(m): 5:49am On Jul 15, 2022 |
Pay senators 500k monthly Pay professors 2m monthly Anyway I buy all gift cards and yankee funds( cashapp, greendot, PayPal,zelle, Moneycard skrill,perfect money , Neteller,money gram , western union etc) And WeChat payment all @ your rate . I sell cheap unit /bulk google voice 40 Likes |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by BlesE: 5:49am On Jul 15, 2022 |
Well deserved 1 Like |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by Nobody: 5:50am On Jul 15, 2022 |
Wahala |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by dabiko(m): 5:51am On Jul 15, 2022 |
I don't think 2m is too much for a professor. It takes alot of mental, social, psychological and financial commitment and fortitude to become a professor. Some political appointees and elected office holders earn more while contributing little or nothing to our economic growth. Education is the major driver of economic prosperity and development . As such, our academia deserves to be well renumerated. If this proposal is accepted by the FG, appropriate internal & external mechanisms should be put in place to ensure it is not abused and that professorol racketeering doesn't emerge in any shape or form. 25 Likes |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by Golan007: 5:52am On Jul 15, 2022 |
IboHausaYoruba: How much did he pay state university professors when he was governor? 49 Likes 8 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by adioolayi(m): 5:53am On Jul 15, 2022 |
IboHausaYoruba: Na Peter Obi guiding angel and brain they talk so. Well done! 7 Likes 2 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by Nobody: 5:55am On Jul 15, 2022 |
How many professors do we have working or teaching in the universities, if we have 3k, that is 6billion monthly up keeps and other things are not included Nigeria government can pay if they reduce excess spending all this yeye budget Iso rock clinic budget since the president goes to UK for medical Lawmakers allowances etc governors trip to heaven and yeye security votes Etc Federal government should pay them the money they worth it 7 Likes |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by captainamiedi1: 5:55am On Jul 15, 2022 |
not bad considering what sinators and reps are taking home. 1 Like |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by omowolewa: 5:57am On Jul 15, 2022 |
We waiting for the white paper And the upward growth in Professors, even Traditional Medicine will have Prof. talkless of Malians 1 Like |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by SmartPolician: 5:58am On Jul 15, 2022 |
If Nigeria can pay that #2m per month, it will really encourage our best brains to go into lecturing. Unfortunately, the government doesn't value education in this part of the world. On the flip side, if the government agrees to pay, the biggest challenge will be sourcing the funds. Nigerians haven't been voting for leaders who know how to create wealth at federal level. TBH, I don't see Buhari - who lacks wealth creation ideas and skills - approving this salary structure, unless he wants to keep borrowing to pay salaries. Anyone who lacks finance management and wealth creation ideas has no business being a Nigerian president at this time. That's why Nigeria desperately needs Peter Obi to save this sinking ship. 5 Likes |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by Basicend: 5:58am On Jul 15, 2022 |
850 k monthly is ok 5 Likes 2 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by sekem: 5:59am On Jul 15, 2022 |
FG have put ASUU in a defensive mode. ASUU may now be exposed as a bunch of greedy jobbers seeking to earn so much for doing so little. It will be interesting to see how this whole game plays out. 10 Likes 4 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by samsard(m): 5:59am On Jul 15, 2022 |
dabiko:Nigeria cannot afford it. Before you crucify me, know that wages of other staff will be adjusted to similar amounts too. And other fields like medical/allied health will fight for something in that range. Let's not compare first world countries either, we have a GDP per Capita of $2000 unlike those with north of $20,000-$50,000 GDP per Capita. 25 Likes 5 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by Devil1Messenger: 5:59am On Jul 15, 2022 |
NewFolm4:Now i see the reason ASUU don't want to yield and call off the strike. Delta man is ASUU President. You can never bully an Edo Or delta man. If u bribe dem, them go collect the money and still do the right thing. You can never cajole them 2 Likes 1 Share |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by Lumig: 6:00am On Jul 15, 2022 |
Greedy set of people 4 Likes 2 Shares |
Re: FG Committee Recommends ₦ 2 Millions Monthly Pay For Professors by incandescentena: 6:00am On Jul 15, 2022 |
https://www.premiumtimesng.com/news/top-news/511986-alleged-illegal-professorship-pantami-reacts-to-asuus-verdict.html "ASUU on Monday gave its verdict on the professorship awarded to Mr Pantami, describing the appointment as illegal"---ASUU My own is that Isah Pantami should not get this money o Click LIKE if Isah Pantami should not be included in the 2m Professor package 11 Likes 2 Shares
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