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Why Do Many Govt Employees Retire Poor. - Career (6) - Nairaland

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Re: Why Do Many Govt Employees Retire Poor. by Love800(m): 7:40pm On Jun 11, 2023
Tankz sir for ur input. I appreciate.

Sir pls do u knw the difference btw civil servant nd public servant? If u do, can u enligthen me on it?
IbeOkehie:


State government employees are very poorly paid - every adult in Nigeria should know that by now. The little salary they get is not even paid regularly, they go for months at a time without getting paid. This has been the case since I was a child. They barely get any retirement payments or gratuity. Any state government employee below the very highest ranks earns little and even those at the top subsist on massive corruption.

There was a time that retired military officers were not getting their pensions at all. It was a huge scandal in all the newspapers, I don't know if things have changed, but I know a full Army Colonel who wasn't getting his pension.

The credible data is that 0.4% of Nigerian workers earn over ₦‎200K per month. I know this from first hand experience.

CEO of Dangote Cement earns $600K per year.
https://www.thisdaylive.com/index.php/2022/07/17/highest-paid-ceos-in-nigeria-in-2021

A federal minister earns about ₦‎1million take home, that's net total pay.
https://www.thecable.ng/my-salary-is-n942000-monthly-i-dont-get-allowance-says-ngige

Nigeria is a poor country. Nigerians are generally very poor, even those you think are rich, most of them are poor. The UN has ranked Nigeria as the Poverty Capital of the World. Once you operate a business in Nigeria you will know all these things are true, they make sense.

Good Luck to Nigeria.

Re: Why Do Many Govt Employees Retire Poor. by Acidosis(m): 8:04pm On Jun 11, 2023
Who created poverty in Nigeria? Same government.

1 Like

Re: Why Do Many Govt Employees Retire Poor. by yemi1504: 1:09pm On Jun 12, 2023
Love800:
I dont know. Am just curious to learn.

Am still a young lad. Anyway, thankz for ur input

You are welcome

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