Osinbajo: Buhari and I poorly paid
Posted By: Augustine Ehikioya, On: December 19, 2017

The President’s and the Vice-President’s pay is low, Vice-President Yemi Osinbajo said yesterday.

He criticised the private sector for not respecting the national minimum wage law, which puts the lowest pay at N18,000.

Speaking at the end-of-year seminar of the State House Press Corps at the old Banquet Hall of the Presidential Villa in Abuja, Prof. Osinbajo said he earns about N1.5m as Vice-President; President Buhari earns about N1.75 million.

To him, the pay is not commensurate with the offices they occupy.



The vice president also expressed misgivings about the remuneration of journalists and lawyers, saying journalists’ case is unique because many media owners make big revenue but simply refuse to pay good wages.

He recalled his brief encounters working with media houses as legal adviser and how in all the months he worked he was not paid despite the irregular hours he put in.

Osinbajo spoke of entry into journalism as not rigorously regulated or enforced by professional bodies because untrained persons are allowed in.

He added: ”I realised first of all that this (journalism) is not a profession from which one could make a decent living in the first place unless you find a really good way of doing so.

”But more importantly for me is that you are just on your own. Journalism as a profession is so wide open.

”There are a few reasons in my view why remuneration is poor.



”The first is that it is just simply cheating. There are owners of media that are just cheats. They just want to get something from nothing and that is not uncommon, it is a general malaise, it is not necessarily restricted to the media.

”It is also the same in the legal profession. There many lawyers if they tell you what they earn, you will certainly not want to be a lawyer.

”The private sector does not respect the minimum wage. Even if a minimum wage is set nationally, it is not necessarily respected by the private sector and this is something that should be factored in to the status of a company and whether a company is even complying with the requirements.”

The Vice-President urged journalists to brighten their prospects and future by always seeking ways of improving themselves and getting better job opportunities with attendant improved income.

Nasarawa State Governor Tanko Al-Makura, represented by the Commissioner for Information, Mohammed Kwara, was the chairman of the ceremony.

He said: “It is important to note that a good retirement plan starts the very day you are employed, knowing that whatever has a beginning has an end; 35 or 60 mandatory years of service are certainly not eternity.

”It must also be stressed here that it is not too late to plan even where you have just few years to retire from service.

”The most important thing is that you have a plan either of money saved or of the job you intend to carry on after retirement. Put every other factor in place such as your age, strength and the mental capacity to carry on.” he advised.

He added “It is important to state, therefore, that the uncertainty on payment of entitlements has continued to worry Nigerian workers, making them fear retirement.

”This has led to prospective retirees falsifying their age just to enable them stay put in the service.

”In this regard, a lot of corruption induced activities have continued to infiltrate the MDAs and the organised private sector responsible for managing pension,” he said.

Kwara listed 10 ways to prepare for retirement, including saving, knowing your retirement needs and contributing to an employer’s retirement savings plan.

Others, according to him, are learning about employer’s pension plan, considering basic investment principles, not touching your retirement savings, asking employer to start a plan, think of creative ways to be self sustaining, find out about one’s social security benefits, and asking questions.

The guest lecturer and Chairman of Elumelu Foundation, Tony Elumelu, said retirement should not be synonymous with being tired or giving up as it should be a stepping stone.

He advised working journalists to pursue their purposes with passion, stressing the need to increase capacity in readiness for the next phase

He said: “Entrepreneurship is not a function of age. Set your milestones and work towards accomplishing the milestone.

”Entrepreneurs are resilient; they persevere to succeed. You don’t need to give up easily, it requires sacrifice, discipline.”

Others who presented goodwill messages were Minister of Information Lai Mohammed; Minister of Transportation Rotimi Amaechi and Special Adviser (Media & Publicity) to the President Femi Adesina.

http://thenationonlineng.net/osinbajo-buhari-poorly-paid/

Ok

this man should remember his a pastor

Who is deceiving who? Same salary u people are using for family upkeeping abi? Am only pity people from zoo that wil accept this lair.

My problem with Journalism and their sensational headlines.
He never complained of his salary but they make it seem like he did.

This man,you should have dwell on journalism issue and stop telling us how u and ur master are under paid,because we already knw the truth before it comes out from your mouth.

ok

Hear me. No politician is a christian .

I can't believe this is coming from the vice president.

That means what he is telling the good people of Nigeria that he doesn't love his job and can't work optimally because he is underpaid.

Nigerian leaders have a big case to answer on judgement day. I am not even bothered because the lord has specially written it for them in his bible so let them do all they like when in power.

Really? Sir, just resign with your boss

emmie14:
Hear me. No politician is a christian .

Especially here in Nigeria

Speaking at the end-of-year seminar of the State House Press Corps at the old Banquet Hall of the Presidential Villa in Abuja, Prof. Osinbajo said he earns about N1.5m as Vice-President; President Buhari earns about N1.75 million.
To him, the pay is not commensurate with the offices they occupy.





I am still dumbfounded that the Vice President, Osibanjo will utter such especially with the level of ruin they have plunged the economy into.....


their pay is not commensurate with the offices they occupy my foot!

Still has the atom of using lies to convince fellows just like some pastors.

Ingrates everywhere. Yet some people thinks this man is better than other politicians just because he is a professor and pastor.
What baffles me is how convenient it has become for Prof. Osi Abughi Njo to lie why didn't he give us a run down of all relevant and irrelevant allowances paid to them. meanwhile some people can't boast of 1.5m in 3 yrs of dedicated service to same government.

Annie939:
this man should remember his a pastor

Vice President Osibanjo sold his soul to the devil the day he started to lie to Nigerians to cover up his principal.

Satan twist that ur mouth!

Fake pastor!

osinbade is a midget,
a short term problem that will expire in 2019.

joke of the year

no be our business

this incompetent administration must go..

Then resign and look for a better paying job. Nonsense.

uboma:




Vice President Osibanjo sold his soul to the devil the day he started to lie to Nigerians to cover up his principal.

no different between him and lie lie Mohammed they should fear God oooooo

this I believe very much.Nigerian president are poorly paid

Lamentation chapter 419...

I wish I can believe this, but God knws I don't give a f**k about every damn person in Nigerian government
In phyno's voice "Ndi ara"

Buhari and Osibanjo's feeding allowance alone is equivalent to the entire budget of Burkina Faso.

Nobody sabi lie, like men of God.
I shake my head

Nigeria is so blessed with a decent VP.

I hope he can be president in the near future, but I fear that our youths love instant gratification so much that they would rather vote for people who will thief and loot! You can see that from the campaigns of our youths today!

I tire for my people. Voting crooks and looters at every level of government from LG and above since time immemorial, like selling birthright for a pot of beans.

1.5million naira as salary and billions as upkeep , cutleries and aso rock allowances.

The thunder that will fire all this APC members is already dancing shaku shaku In Front Of Aso Rock

If only i can be as poorly paid as them....

Your papa

tell it to mumus wey dey Aso Rock not me.


ndi ara

Criminals


Tell that to sarki and your other foolish fans abi na followers they gon believe you.

These people don't have conscience.

Sir, tell us about your overbloated allowances and kickbacks, not salary.