SAKUR:

Former Vice President, Alhaji Atiku Abubakar

American lecturers at the American University of Nigeria, owned by the former vice-president and now presidential aspirant, Atiku Abubakar, earn one million dollars per month.

(Full) professor

Upon a sustained and distinguished track record of scholarly achievement within one's university and academic discipline, an associate professor may be promoted to professor (sometimes referred to as "full professor". In most traditional colleges and universities, this position is always tenured; however, this may not be the case in a for-profit private institution or certain church-related universities and colleges.

The rank of professor is the highest of the standard academic ranks in the United States, and is held by 29.5% of U.S. academics.[9] Advancement past the rank of Professor typically involves administrative duties (e.g., department chair, dean, or provost) or selection for an honorary title or endowed chair.

The absence of a mandatory retirement age contributes to "graying" of this occupation. The median age of American full professors is currently around 55 years. Very few people attain this position before the age of 40. The annual salary of full professors averages at $99,000, although less so at non-doctoral institutions, and more so at private doctoral institutions (not including side income from grants and consulting, which can be substantial in some fields); in addition, institutions in major cities or high cost of living areas will pay higher salaries [2]

. Full professors earn on average about 70% more than assistant professors in the same institution. However, particularly in scientific and technical fields, this is still considerably less than salaries of those with comparable training and experience working in industry positions.[citation needed]

In addition to increasing salary, each promotional step also tends to come with increased departmental or institutional responsibilities. At some institutions, these changes are offset by a reduced teaching load.

Count me among those who don't think that Ballmer has earned his pay. According to the Associated Press, Ballmer's base salary was increased by 4 percent at the start of the 2009 fiscal year, up to $665,883 from $640,833 in the previous year. In 2008, he also got a $700,000 bonus; no information is yet available on his bonus for 2009.

Ife007:

Lecturers in US earn about $4-15Grand per month, i guess. then, how comes $1million here?
The guy must be Deadbeat.

SAKUR:

Atiku said, “Today I do not derive one kobo from all the investments I have made in education. Rather, in the university I still continue to pay the American lecturers one million dollars every month because the school fees that they are charging are not even enough to fuel the generators that they are running because the university was built to American standard. Because I have a special agreement with the American university in Washington, managing the university and everything I do must conform to American standard.”

Imagine!! Are you all not the importers of the generators?
God will punish you and your likes

oyb:

absolute tosh without even reading the article

i pay my lecturers 1 million dollars per month

so american lecturers in Nigeria are earning 12million dollars a year, more than the earnings of several blue chip american ceos

so atiku is shelling out more than 200 million dollars a year, assuming he employs some 15 lecturers

how much will students be paying in that school Cheesy Cheesy Cheesy

our journalists really need to stop proving saga right

this is what american professors earn

http://en.wikipedia.org/wiki/Professors_in_the_United_States



roughly $100,000 per year


meanwhile, this is steve ballmer's (microsoft ceo's) salary in 2008, 2009

http://www.pcworld.com/article/172486/set_steve_ballmers_salary.html



amazing lecturers are earning more per mnth than the ceos of one of the world's most valuable companies earn in a year

who needs those 1 million dollar bank exec bonuses that so incensed the american public, when you can be a lecturer for atiku

opabukun:

let him calculate all he has worked for in all his mistery-full life, i bet if it amounts to $1M.

wen u have money not worked for, u wont no how to spend it. chikenna!!!