We are fighting corruption.....

Masses are crying , money is changing hand but the hands of few

INSTANTCASH345:
How can you pay 8 months salary to abokies /Arewa children in the NNPC when the price /barrel is less than its cost of production?

No wonder during this Salah they started displaying their sudden wealth & riches on social media.

I only pity the N/Delta inhabitants, by the time the northerners will be done with you guys, it's then you will all wake up from day dreaming.

Now, they have used the N/Delta resources to establish oil wells in the north in event the oil in N/Delta finally goes into extinction.

One Nigeria is really a crime against humanity.

mumu as if DPR was created during this regime. Cheap propaganda

olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.

Thank you for educating them. People read and comment with emotion. I don't blame them though. In a land ravaged by hunger, it would seem absurd to learn that some few individuals go home with such humongous remuneration.

Kingrefreshed:



610 DPR staff earned more than the President
Chai Abba kyari

ijo ya

olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.

This is poor considering that they generate forex for the country with a risk.

Compare what they pay to them with Total, Nlng etc, you will see they earn less.

Their salaries should be reviewed upward to accommodate the risk they take in regulating our upstream sector.

Meanwhile the never do well will not condemn this rather it is ASUU that is protesting for improvement in their meager salary that they will be abusing up and down.

What is the issue then? This information is of no use because nothing will change and besides why should anything change.

It is important to note two things here

1 upfront salary
2. Industry

Upfront salary is some percentage of your annual salary paid to you upfront in January. This is normally 45 to 55% depending on the CBA. Say for instance you earn 400k monthly, your annual salary is 4.8 million. Hence a 55% upfront payment will mean you will get a January salary of 2.6 million (from the 4.8 annual salary) and just 180k for the remainder of the 11 months.

As someone mentioned the energy industry pays high salary on average. If the DPR as a regulator decides to pay less it risk attracting unskilled workforce and losing it's best hands to the oil companies it seeks to regulate. Another thing is poor salaries make them prone to bribery in an industry like oil and energy.

There is nothing wrong here. They earn a lot and it is consistent with the industry they operate it.

dadebayo1:
We are fighting corruption.....

Premium times are jokers.
Upfront is usualy paid every january. And u still receive your january salary

Upfront is part of you salaries and allowances paid to you ahead of the due date and then deducted from your monthly pay. The fact still remains that their output is not commensurate with their earnings. Total waste of money.

olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.

God, is this money Locate me oh Lord I want to join this list of people. Amen

I don't have anything to say.

gurunlocker:
The kind corruption wey dey go on under this administration, devil self go fear...

The corruption will make Abacha look like a saint. Simple.
This is the most corrupt administration ever since the Niger area was formed in 1914.

kkkp:
mumu as if DPR was created during this regime. Cheap propaganda

You that are not mumu, please let us know what change means.
Thanks.

dadebayo1:
We are fighting corruption.....

.......... the vuvuzela way only.
No real action except the protection of APC people.

olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.

You are loaded with wisdom. Some critics don't look outward and doing the industry analysis before they spew nonsense. They want people working with NYSC and NNPC to earn the same salaries.

Look at niger delta wealth distributed amongst humans with zero production of oil...

They should keep it up..one day anarchy would emanate once the oil is dried up..sick people..

And you think you are making sense with this foolish explanation ? You think the VP n his economic team are not aware of standard police on enumeration in the oil sector ? Why do Nigerians like you scream corruption but when it is exposed you are also first to scream witch hunt.

olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.

olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.

.....my brother, your points are well noted however, NNPC and all its subsidiary MDAs are owned by the government hence by Nigerians. There us no moral justification for an individual working in these organisations to earn millions monthly when the sane government that owns it struggles to pay a fellow Nigerian N30000 minimum wage. You can't compare NNPC or DPR to shell , Mobil and co ...those are privately owned firms hence has the right to determine their pay structure....this exposition by premium times once again shows the stinking corruption and ineptitude of the people that gave been managing this country for years .

It's just a bad situation.

Captainrambo2:
APC party if criminals

Otherwise I see no reason y this will happen . Earned 50milliion for doing what ?

This are the foolish set of lunatics that will still wake up to call Buhari a dullard. This is being exposed by the VP yet this rnoron is talking trash.

Alajiki:


Thank you for educating them. People read and comment with emotion. I don't blame them though. In a land ravaged by hunger, it would seem absurd to learn that some few individuals go home with such humongous remuneration.

I dont know why you people keep disturbing yourselves about somethings. No matter how much you try educating them it wont work, its something stuck up there already. As if all these things just started today. The lot of guys i know in dpr are not even hausas. If you want to also eat fat checks, go back to school and study the required courses and by the time u start enjoying the salary, i will like to know how they will feel when people complaining thar their salary is too much. I tout they said education is a scam.

Lol my family member has something that cost more than that in Lekki and was bought way before 2010

Sysdatek:


I know a staff there who bought a 30M naira house in Lekki as far back as 2010
It's a free world there

olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.

Ok, how will you justify the fact that oil price has crashed n still they r to be receiving the same benefit. No now, they should be paid according to the price of crude oil, when it goes up, then there pay will also go up, when it comes down, their pay be cut also.

Imagine! Oil will sooner or later dry up and become obsoolete!

Lord lugard will never rest in peace.

onadana:
where is EFCC?

What do you want efcc to do here?
This is purely an administrative matter.

This is the reason why these departments and agencies are filled with children of the elites. I hope the govt summons the political will to undertake this task.

olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.

Spot on

One thing we seem to forget that upfront is not monthly salary. Upfront is mostly the payment of housing allowance, furniture and other related payments. Many of us get upfront payment from our employees, so why these misunderstanding. Though the pay high.