₦airaland Forum

9Mobile Bids: And Then There Were Two
Connecting Africa, 1/22/2018

The battle to become the new majority shareholder in Nigerian mobile operator 9Mobile has been narrowed down to just two bidders now that the deadline for financial bids has passed, according to local reports.

Until last Monday, five interested parties were still believed to be in the running, but according to a report by The Cable, only service provider Smile Telecoms -- which already offers communications services in Nigeria, Tanzania and Uganda -- and Teleology Holdings, a business led by a former CEO of MTN Nigeria, Adrian Wood, who is working on the bid with Ericsson, submitted bids by the deadline. (See 9Mobile Ownership Decision Still in Balance.)

Airtel, already the country's third largest mobile operator, apparently withdrew from the process, citing uncertainty about some of the processes, while neither Globacom (the second largest mobile operator) nor Helios Investment Partners did not a derailed financial offer.

According to the report in The Cable, Teleology bid more than US$500 million, while Smile bid about $300 million. The bids are being considered by Barclays Africa, which will make a recommendation to the 9Mobile board. If that recommendation is accepted, the winning bidder then becomes the subject of a number of regulatory checks and clearances.

9Mobile, formerly Etisalat Nigeria, is currently the number four mobile operator in Nigeria with about 17 million customers and a market share of about 12%. (See Etisalat Nigeria to Become 9Mobile.)

— The staff, Connecting Africa

InternetGenius:
What is this one talking self?

@InternetGenius - This is what I am talking about.

9Mobile Bids: And Then There Were Two
Connecting Africa, 1/22/2018

The battle to become the new majority shareholder in Nigerian mobile operator 9Mobile has been narrowed down to just two bidders now that the deadline for financial bids has passed, according to local reports.

Until last Monday, five interested parties were still believed to be in the running, but according to a report by The Cable, only service provider Smile Telecoms -- which already offers communications services in Nigeria, Tanzania and Uganda -- and Teleology Holdings, a business led by a former CEO of MTN Nigeria, Adrian Wood, who is working on the bid with Ericsson, submitted bids by the deadline. (See 9Mobile Ownership Decision Still in Balance.)

Airtel, already the country's third largest mobile operator, apparently withdrew from the process, citing uncertainty about some of the processes, while neither Globacom (the second largest mobile operator) nor Helios Investment Partners did not a derailed financial offer.

According to the report in The Cable, Teleology bid more than US$500 million, while Smile bid about $300 million. The bids are being considered by Barclays Africa, which will make a recommendation to the 9Mobile board. If that recommendation is accepted, the winning bidder then becomes the subject of a number of regulatory checks and clearances.

9Mobile, formerly Etisalat Nigeria, is currently the number four mobile operator in Nigeria with about 17 million customers and a market share of about 12%. (See Etisalat Nigeria to Become 9Mobile.)

— The staff, Connecting Africa

Airtel pulls out of 9mobile bid as Glo, Helios fail to name price
January 19, 2018

https://www.thecable.ng/exclusive-airtel-pulls-9mobile-bid-glo-helios-fail-name-price

Airtel Nigeria did not submit a final bid for 9mobile despite being on the shortlist of five, TheCable can report.

Also, although Globacom and Helios Investment Partners LLP submitted bids, they did not make any financial offer for the troubled telco.

TheCable understands that Teleology Holdings Limited submitted a bid in excess of $500 million while Smile Telecoms Holdings quoted close to $300 million.

Effectively, only two companies made financial offers by the January 16 deadline.

Airtel’s U-turn came as a surprise to industry experts who had expected the company to push all the way through in order to become the largest operator in the country.

It would automatically have grown from being number three to number one by increasing its numbers to 52 million for voice and 33.5 million for internet if it emerged the preferred bidder.

‘HIDDEN THINGS’

TheCable learnt that Airtel decided to pull out because “many things are not too plain with the entire process”.

“Airtel believes too many things are hidden about the health of 9mobile, and that it is too risky for anyone to buy the company. Things became compounded with the court case by Spectrum Wireless. Remember the Strive Masiyiwa case over the ownership of Econet which hurt the company for a long time,” an insider in the deal told TheCable.

Spectrum Wireless, a shareholder of Emerging Markets Telecommunications Service (EMTS) — which owns the 9mobile licence — went to court against United Capital Trustees Limited — representatives of the debtors — in order to stop the constitution of an interim board for 9mobile after the take-over in July 2017.

Although it lost the case then, the federal high court later nullified the ex parte order, and United Securities has now gone on appeal.

Airtel, which started out as Econet Wireless in 2001, went through a litany of boardroom crises as a result of litigation by Masiyiwa.

DEBT OVERHANG

In July 2017, 9mobile, then known as Etisalat Nigeria, was taken over by banks following a N541 billion debt overhang.

Mubadala Group, the major investor from the United Arab Emirates, pulled out of Nigeria’s fourth largest mobile operator as a result of the debt owed to a consortium of 13 banks.

The telco was then put on sale, with Barclays Africa acting as transaction advisers.

The shortlisted companies are: Teleology Holdings Limited, promoted by Adrian Wood, the pioneer CEO of MTN Nigeria; Smile Telecoms Holdings, a telco operating in Nigeria, Tanzania, Uganda, Congo DR and South Africa; and Helios Investment Partners LLP, an investment company.

Others are Bharti Airtel, an Indian telco that owns Airtel Nigeria, and Globacom, the Nigerian company owned by Mike Adenuga Jnr.

The telecom regulator, Nigerian Communications Commission (NCC), is expected to play a key role in the final decision of the interim board.

Airtel pulls out of 9mobile bid as Glo, Helios fail to name price
January 19, 2018

https://www.thecable.ng/exclusive-airtel-pulls-9mobile-bid-glo-helios-fail-name-price

Airtel Nigeria did not submit a final bid for 9mobile despite being on the shortlist of five, TheCable can report.

Also, although Globacom and Helios Investment Partners LLP submitted bids, they did not make any financial offer for the troubled telco.

TheCable understands that Teleology Holdings Limited submitted a bid in excess of $500 million while Smile Telecoms Holdings quoted close to $300 million.

Effectively, only two companies made financial offers by the January 16 deadline.

Airtel’s U-turn came as a surprise to industry experts who had expected the company to push all the way through in order to become the largest operator in the country.

It would automatically have grown from being number three to number one by increasing its numbers to 52 million for voice and 33.5 million for internet if it emerged the preferred bidder.

‘HIDDEN THINGS’

TheCable learnt that Airtel decided to pull out because “many things are not too plain with the entire process”.

“Airtel believes too many things are hidden about the health of 9mobile, and that it is too risky for anyone to buy the company. Things became compounded with the court case by Spectrum Wireless. Remember the Strive Masiyiwa case over the ownership of Econet which hurt the company for a long time,” an insider in the deal told TheCable.

Spectrum Wireless, a shareholder of Emerging Markets Telecommunications Service (EMTS) — which owns the 9mobile licence — went to court against United Capital Trustees Limited — representatives of the debtors — in order to stop the constitution of an interim board for 9mobile after the take-over in July 2017.

Although it lost the case then, the federal high court later nullified the ex parte order, and United Securities has now gone on appeal.

Airtel, which started out as Econet Wireless in 2001, went through a litany of boardroom crises as a result of litigation by Masiyiwa.

DEBT OVERHANG

In July 2017, 9mobile, then known as Etisalat Nigeria, was taken over by banks following a N541 billion debt overhang.

Mubadala Group, the major investor from the United Arab Emirates, pulled out of Nigeria’s fourth largest mobile operator as a result of the debt owed to a consortium of 13 banks.

The telco was then put on sale, with Barclays Africa acting as transaction advisers.

The shortlisted companies are: Teleology Holdings Limited, promoted by Adrian Wood, the pioneer CEO of MTN Nigeria; Smile Telecoms Holdings, a telco operating in Nigeria, Tanzania, Uganda, Congo DR and South Africa; and Helios Investment Partners LLP, an investment company.

Others are Bharti Airtel, an Indian telco that owns Airtel Nigeria, and Globacom, the Nigerian company owned by Mike Adenuga Jnr.

The telecom regulator, Nigerian Communications Commission (NCC), is expected to play a key role in the final decision of the interim board.

What is cattle colony?
By Luke Onyekakeyah
16 January 2018 | 3:55 am

https://guardian.ng/opinion/what-is-cattle-colony/

At a time when Nigerians are aggrieved with apprehension that the worsening massacres of innocent farmers in parts of the country by suspected Fulani herdsmen may be getting out of control, the Federal Government may be stoking more fire by proposing to establish what it calls cattle colonies in different parts of the country.

Cattle colony is not a strategy for grazing cattle but a centre for cattle and beef product sales. Besides, there is only one cattle colony in the whole world found in Pakistan. It is therefore, worrisome what the Federal Government intends to achieve by establishing cattle colonies across Nigeria.

Minister of Agriculture and Rural Development, Chief Audu Ogbeh had disclosed in Abuja at a stakeholders meeting that the Federal Government is putting everything in place to establish cattle colonies that would solve the continued herdsmen/farmers conflict in parts of the country.

According to him, the cattle colony project will start immediately following the offer of five hectares of land by 16 states in the country, adding that President Muhammadu Buhari has promised to help the ministry with money for the project.

While Ogbeh did not disclose the 16 states that have donated hectares of land for the project, he said facilities will be provided to take care of the herdsmen and their cattle, which they (herdsmen) have said if water and grass were provided, they would not be moving with their cattle.

Certainly, what Ogbeh is describing is ranching, which he is confusing with cattle colony. Whereas, a ranch is an area of land with facilities and structures set up for raising grazing livestock such as cattle, for meat or wool, cattle colony is totally different both in terms of purpose and structure

According to Wikipedia, “Cattle colony is one of the neighbourhoods of Bin Qasim Town in Karachi, Sindh, Pakistan. This neighbourhood of Karachi is the centre of cattle and meat trade in Karachi. The cattle colony is the dairy products shopping and supply centre of Karachi. There are also many abattoirs and meat warehouses located in the cattle colony.”

It is very clear from the foregoing that cattle colony is entirely a Pakistani idea for its local cattle and beef market economy.

The cattle colony is one and exists only in the neighbourhood of Bin Qasim Town in Karachi. It is not in any other place in the entire Pakistan or elsewhere in the world. No other country in Africa, Asia, Europe, Americas or Australia has cattle colony. Thus, there is only one cattle colony in the world. Talking about cattle colonies in Nigeria, as Ogbeh is contemplating, is a misnomer.

Moreover, since cattle colony is essentially devoted to the sale of cattle and beef products, it is, therefore, not one of the modern methods for raising cattle or other livestock. At best, it is an innovation for efficient cattle sales along with its beef products.

Nigeria’s problem with cattle borders on grazing and watering of the animals. This is best done in a ranch, as in other parts of the world. Ignoring ranching, which is the globally accepted modern method of cattle farming and instead presenting cattle colony suggests something is fishy.

It is baffling that the minister is introducing something that is alien to the world of cattle/livestock industry. Ranching remains the modern and most widely used method of raising cattle. To avoid confusing Nigerians, it is appropriate to understand what cattle colonies are as against cattle ranching.

Cattle colony is like a shopping complex where cattle and meat trade are carried out. The colony has nothing to do with rearing/grazing cattle and other livestock. It is out of place for the minister to be talking of establishing facilities to take care of the herdsmen and their cattle in a cattle colony. This can only be done in a ranch. Any herdsman or cattle in a cattle colony is there for trading and slaughtering of the cattle and not for grazing.

The string of abattoirs and warehouses that are established in Pakistan’s cattle colony show that it is entirely a market for beef cattle. Could the minister now see that the cattle colony is a place for slaughtering the animals and not for grazing? Can we call a spade a spade and save this country from avoidable crisis?

If the Pakistanis who introduced cattle colony in their cattle economy established just one colony, why then is the minister talking about establishing cattle colonies all over Nigeria? And, if no other country has adopted the concept of cattle colony, why is Nigeria toying with it? Why are our leaders so obdurate and unwilling to do the right thing in the national interest?

The insinuation that the cattle colonies proposal is intended to be used to Islamize Nigeria is gaining traction. Consequently, some governors in the Middle Belt and Southern Nigeria have rejected the idea. Where do we go from here?

It is not that Nigeria is among the largest cattle/beef producers in the world. Nigeria is nowhere to be found among the world’s largest beef producers.

Available information shows that the United States is the leading world beef producer (20%), followed by Brazil (15.4%), European Union (13%), China (11.4%) and India (7%). Out of the 53 largest beef producers ranked in the world, only two African countries are included namely South Africa at 13th position producing 1.44% of world beef and Gabon at the 53rd position with negligible per cent.

In all of these countries, ranching is the accepted method of cattle farming. My study shows that Gabon has most of its cattle in ranches. Countries like New Zealand, whose livestock population is more than the human population, have their livestock in ranches. The argument that the Fulani’s traditional nomadic lifestyle has to continue cannot survive the test of time in the 21st Century as humanity passes into post modernisation digital economy.

There has to be a deliberate attempt to get the herdsmen to adopt ranching in this modern era. There are few indigenous cultures around the world that are still stuck in the primitive wandering lifestyle. The Maasai of Kenya and Tanzania that rear livestock in semi nomadic fashion are even being tamed to be sedentary.

The Tanzania and Kenya governments have instituted programmes to encourage the Maasai to abandon their traditional semi-nomadic lifestyle. While it may not be easy to change them, a concerted effort in that direction will definitely bring change. Nigerian authorities should do likewise except there is something else.

You're welcome.

dsocioemmy:
This is it! thank you bro. Not all this guess work.

Just to set the record straight regarding salaries of lecturers in Federal Universities. The salary scale is not hidden - it is set by the National Salaries, Incomes and Wages Commission (NSIWC). It is available on their website for all to see.

NOTE all figures are before deductions such as tax, pension contribution, etc. The figures below are the GROSS salary so the NET salary (i.e. what you get paid in your bank account) will be less than what is listed below.

Total Emolument, which includes academic allowances and rent:
Graduate Assistant (CONUASS 01) - Entry level for graduates with a Bachelor's degree
Minimum salary = 105,281 Naira per month (i.e. 1,263,377 Naira annually)
Maximum salary after 6 years = 120,647 Naira per month (i.e. 1,447,767 Naira annually)

Assistant Lecturer (CONUASS 02) - Entry level for Master's degree holders
Minimum salary = 120,922 Naira per month (i.e. 1,451,071 Naira annually)
Maximum salary after 8 years = 146,241 Naira per month (i.e. 1,754,902 Naira annually)

Lecturer II (CONUASS 03)
Minimum salary = 137,459 Naira per month (i.e. 1,649,509 Naira annually)
Maximum salary after 8 years = 164,970 Naira per month (i.e. 1,979,640 Naira annually)

Lecturer I (CONUASS 04)
Minimum salary = 173,332 Naira per month (i.e. 2,079,995 Naira annually)
Maximum salary after 9 years = 223,667 Naira per month (i.e. 2,684,010 Naira annually)

Senior Lecturer (CONUASS 05)
Minimum salary = 257,625 Naira per month (i.e. 3,091,505 Naira annually)
Maximum salary after 13 years = 371,292 Naira per month (i.e. 4,455,506 Naira annually)

Reader (CONUASS 06)
Minimum salary = 314,018 Naira per month (i.e. 3,768,221 Naira annually)
Maximum salary after 10 years = 417,062 Naira per month (i.e. 5,004,750 Naira annually)

Professor (CONUASS 07)
Minimum salary = 381,695 Naira per month (i.e. 4,580,349 Naira annually)
Maximum salary after 10 years = 501,680 Naira per month (i.e. 6,020,163 Naira annually)

All Graduate Assistant, Assistant Lecturer and Lecturer II staff earn less than 150,000 Naira per month.
A Professor, after ten years in that position, barely takes home 450,000 Naira per month.

Thanks.

IHelp:
January offer rate

The rate reduced by 0.64

2years - 11.098% per annum
3years - 12.098% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2306-january-2018-fgn-savings-bond-offer-for-subscription

I'm not so sure. I've been checking the DMO website for dates but nothing so far.

IHelp:
I think it will be from Monday

@luluz4u
I have some questions about using GTB to buy TBills. Are you still on this thread?

luluz4u:
CAUTION!!!
It MAY be suicidal to contact your account officer about your intentions to do NTB. In most cases, you will be frustrated and exploited if he knows or realises that you are a newbie in it

you really don't have to act as a novice for gtbank. all you need to do is send a signed instruction via mail to your acct officer cc customercare and the bank branch. anyone who needs more lectures abt tbill with gtb shld ask. I have never gone to the bank to purchase t-bill. then I would also advice you have your Internet banking details. all my tbill investment reflects there immediately.

Hi All,

Any idea when the January 2018 Offer will begin

The winning bid for Nigeria's 9Mobile is now set to be announced on January 16, with five companies in the running to become the mobile operator's new owner.

The conclusion of the sale process, which is being managed by Barclays Africa, was due on December 31, but was delayed by the Nigerian Communications Commission and the Central Bank of Nigeria following a request by 9Mobile's board, according to The Cable.

The sales process has been underway for several months following the decision by Etisalat to abandon the Nigerian market, after which the operator changed its name from Etisalat Nigeria to 9Mobile and potential new investors formed a lengthy queue. (See Etisalat Nigeria to Become 9Mobile and Bidders Line Up for Nigeria's 9Mobile: Reports.)

Now that list of interested parties has been whittled down to five (in alphabetical order):

Bharti Airtel -- already the number three mobile player, operating as Airtel Nigeria
Helios Investment Partners -- private investment firm that previously owned Helios Towers Nigeria, a mobile network infrastructure company that was sold in 2016
Globacom Nigeria -- already the number two mobile operator in Nigeria
Smile Telecoms Holdings -- a telecom firm with operations in Nigeria, Tanzania and Uganda
Teleology Holdings Ltd. -- a business led by a former CEO of MTN Nigeria, Adrian Wood, who is working on the bid with Ericsson
With a market share of about 12%, 9Mobile is the number four player in Nigeria's mobile market, which boasts about 155 million users and generates annual aggregate revenues of about US$7 billion. Should either Airtel or Globacom win the bidding process they would be able to challenge MTN Nigeria, which commands a market share of about 37%, as the country's leading mobile service provider.

— Ray Le Maistre, International Group Editor, Light Reading, for Connecting Africa (2 January 2018)

http://www.connectingafrica.com/author.asp?doc_id=739309&itc=newsletter_connectingafricainsights&utm_source=newsletter_connectingafrica_connectingafricainsights&utm_medium=email&utm_campaign=01032018

The winning bid for Nigeria's 9Mobile is now set to be announced on January 16, with five companies in the running to become the mobile operator's new owner.

The conclusion of the sale process, which is being managed by Barclays Africa, was due on December 31, but was delayed by the Nigerian Communications Commission and the Central Bank of Nigeria following a request by 9Mobile's board, according to The Cable.

The sales process has been underway for several months following the decision by Etisalat to abandon the Nigerian market, after which the operator changed its name from Etisalat Nigeria to 9Mobile and potential new investors formed a lengthy queue. (See Etisalat Nigeria to Become 9Mobile and Bidders Line Up for Nigeria's 9Mobile: Reports.)

Now that list of interested parties has been whittled down to five (in alphabetical order):

Bharti Airtel -- already the number three mobile player, operating as Airtel Nigeria
Helios Investment Partners -- private investment firm that previously owned Helios Towers Nigeria, a mobile network infrastructure company that was sold in 2016
Globacom Nigeria -- already the number two mobile operator in Nigeria
Smile Telecoms Holdings -- a telecom firm with operations in Nigeria, Tanzania and Uganda
Teleology Holdings Ltd. -- a business led by a former CEO of MTN Nigeria, Adrian Wood, who is working on the bid with Ericsson
With a market share of about 12%, 9Mobile is the number four player in Nigeria's mobile market, which boasts about 155 million users and generates annual aggregate revenues of about US$7 billion. Should either Airtel or Globacom win the bidding process they would be able to challenge MTN Nigeria, which commands a market share of about 37%, as the country's leading mobile service provider.

— Ray Le Maistre, International Group Editor, Light Reading, for Connecting Africa (2 January 2018)

http://www.connectingafrica.com/author.asp?doc_id=739309&itc=newsletter_connectingafricainsights&utm_source=newsletter_connectingafrica_connectingafricainsights&utm_medium=email&utm_campaign=01032018

You're welcome. We'll have to wait until 31 December 2017 to see if they win or not.

mansakhalifa:
@Kolping Thanks,man. Thanks for demystifying the "black horse" called Teleology holding. I admit,it had me puzzled for a long while. I appreciate.

mansakhalifa:
I think I know what or who the other four companies are[including the one that bears the same name as the Greek god of the sun] but Teleology Holdings has got me a bit puzzled. There's almost ZERO about them online and I have been trying to get a website that is linked to this "misty" to know where they are from but still nada!

@mansakhalifa:

Re: Airtel, Smile, Glo Make Final Five To Buy 9mobile by Kolping: 3:52pm On Dec 13
I wonder why no one is talking about Teleology Holdings Limited. I see it as the dark horse in this race.

Teleology is a special purpose vehicle led by a former chief executive of MTN Nigeria, Mr. Adrian Wood, and Ericsson; Africa Capital Alliance (ACA), a leading pan-African investment firm based in Lagos; and The Carlyle Group, a U.S.-based multinational private equity, alternative asset management and financial services corporation.

Note that Africa Capital Alliance was co-founded by the present Minister of Industry, Trade and Investment, Okey Enelamah who was the former CEO. ACA Partners include Chief Ernest Shonekan (founder), Pascal Dozie (founder), Dick Kramer (founder and chairman), Cyril Odu (CEO), Afolabi Oladele, Sam Oniovosa, Paul Kokoricha and Kofi Kwakwa.

I wonder why no one is talking about Teleology Holdings Limited. I see it as the dark horse in this race.

Teleology is a special purpose vehicle led by a former chief executive of MTN Nigeria, Mr. Adrian Wood, and Ericsson; Africa Capital Alliance (ACA), a leading pan-African investment firm based in Lagos; and The Carlyle Group, a U.S.-based multinational private equity, alternative asset management and financial services corporation.

Note that Africa Capital Alliance was co-founded by the present Minister of Industry, Trade and Investment, Okey Enelamah who was the former CEO. ACA Partners include Chief Ernest Shonekan (founder), Pascal Dozie (founder), Dick Kramer (founder and chairman), Cyril Odu (CEO), Afolabi Oladele, Sam Oniovosa, Paul Kokoricha and Kofi Kwakwa.

@asunmoGGMU - You're welcome. Only 42.8% of lecturers (i.e. three out of the seven academic posts) earn below 150,000 Naira a month.

asunmoGGMU:
Thanks. That shows that the person I quoted was wrong by asserting that MOST of the lecturers earn below #150k. This is where I am driving at.

Just to set the record straight regarding salaries of lecturers in Federal Universities. The salary scale is not hidden - it is set by the National Salaries, Incomes and Wages Commission (NSIWC). It is available on their website for all to see.

NOTE all figures are before deductions such as tax, pension contribution, etc. The figures below are the GROSS salary so the NET salary (i.e. what you get paid in your bank account) will be less than what is listed below.

Total Emolument, which includes academic allowances and rent:
Graduate Assistant (CONUASS 01) - Entry level for graduates with a Bachelor's degree
Minimum salary = 105,281 Naira per month (i.e. 1,263,377 Naira annually)
Maximum salary after 6 years = 120,647 Naira per month (i.e. 1,447,767 Naira annually)

Assistant Lecturer (CONUASS 02) - Entry level for Master's degree holders
Minimum salary = 120,922 Naira per month (i.e. 1,451,071 Naira annually)
Maximum salary after 8 years = 146,241 Naira per month (i.e. 1,754,902 Naira annually)

Lecturer II (CONUASS 03)
Minimum salary = 137,459 Naira per month (i.e. 1,649,509 Naira annually)
Maximum salary after 8 years = 164,970 Naira per month (i.e. 1,979,640 Naira annually)

Lecturer I (CONUASS 04)
Minimum salary = 173,332 Naira per month (i.e. 2,079,995 Naira annually)
Maximum salary after 9 years = 223,667 Naira per month (i.e. 2,684,010 Naira annually)

Senior Lecturer (CONUASS 05)
Minimum salary = 257,625 Naira per month (i.e. 3,091,505 Naira annually)
Maximum salary after 13 years = 371,292 Naira per month (i.e. 4,455,506 Naira annually)

Reader (CONUASS 06)
Minimum salary = 314,018 Naira per month (i.e. 3,768,221 Naira annually)
Maximum salary after 10 years = 417,062 Naira per month (i.e. 5,004,750 Naira annually)

Professor (CONUASS 07)
Minimum salary = 381,695 Naira per month (i.e. 4,580,349 Naira annually)
Maximum salary after 10 years = 501,680 Naira per month (i.e. 6,020,163 Naira annually)

All Graduate Assistant, Assistant Lecturer and Lecturer II staff earn less than 150,000 Naira per month.

asunmoGGMU:
Except for GA and AL, kindly tell which categories of lecturer receives less than #150k.

Couldn't they even spell words on the letter correctly?

nwakibie3:
they only use the funds they generate at the UK embassy to pay for Buhari and abba kayri medical bills

some post-1992 universities (which Sheffield Hallam is) in the UK use the title ‘Senior Lecturer’ for posts equivalent to what other universities called ‘Lecturer’, and use the term ‘Principal Lecturer’ for posts which other universities call ‘Senior Lectureships’. So it's obvious his position is the first level in the academic ladder.

Smart move by the guy. Got a job in a former teacher training college which only became a university 11 years ago in 2006. To become a lecturer in a highly ranked UK university after getting a PhD is extremely hard, especially without post-doctoral experience. I know some PhD holders who spend up to 10 years in post-doc or research associate positions before getting a lecturer position in the UK.

The name of the game is to target the former polytechnics (which became universities in 1992) and new universities to get a lecturing job.

Throwback:
Edge Hill? Sounds like a grammar school.


How come no serious university in the UK took him up?

Congrats are still in order though.

Any information I post is for all readers of this thread.

kenedy175:
I know all of this already. There are responsibility allowance and all of that.. I even have a template of how the earned allowance is compiled. All I meant was that subsequently, it won't be paid in bulk again. It will be introduced into the salaries of the lecturers

You can now see why Nigerian universities are the way they are. Once the federal (military) government took over the regional universities in 1975, that was the beginning of the end of Nigerian universities.

ambrosini593:
that's why am still doubting that memo. do you know that ssanu, nasu and naat are agitating for earned allowance? the minister confirmed that they are qualified too. ngige

Then it means the Perm Sec doesn't know how to add.

Any administrative/non-teaching staff who wants to earn academic allowances should go and obtain Masters and PhD. After getting a PhD, they can now apply to become a lecturer and do academic work - teaching, research, publishing journal articles, attending and organizing conferences, supervising students (bachelor, masters, PhD), invigilating exams, marking scripts, administration, etc.

ambrosini593:
for non teaching, it doesn't tally. moreover, ASUU is now claiming the whole 23billion for your information

How is 24 October 2017 old? The values on the first page of the letter tally with the values on the second page.

ambrosini593:
this one is old I think

Note that only 20% of the earned allowance for the period 2009-2012 was paid after the strike in 2013. Also, earned allowances are not for every academic staff so it is not something that will be part of your monthly salary. For example, if you are Head of Department for one academic session, you are entitled to 250,000 Naira as responsibility allowance. An Examination Officer in a Department will be paid 150,000 Naira for one academic session, a Dean or Director will be paid 750,000 Naira for one academic session, etc (All the allowances and amounts can be found in the ASUU-FGN 2009 Agreement). The same applies for other allowances. Most likely, the allowances will be paid in full on a yearly basis after you have completed the responsibility or in the case of supervision (MSc and PhD) - after the successful completion of the program by the student.

kenedy175:
For now, they should be paying 2010 and 2011. Consequent EAA will be incorporated into the salaries of the lecturers. I think the new universities should be included for the recent years. But for academic staffs who are in such universities that came in by transfer or whatever means and that have worked during the recommended years will get paid .

Page 2 of Letter from Perm Sec, Ministry of Education

Page 1 of Letter from Perm Sec, Ministry of Education

The Education Ministry has to now pass this on to the Finance Ministry which will then allocate the funds accordingly. These things take time. Meanwhile the academic staff of 4 universities (Calabar, Ibadan, Ilorin and Nsukka) will not be paid, since they have not done their verification (see page 2 of the uploaded documents).

The Federal Government is to pay the balance of earned academic allowances for the period 2009 - 2012. From January 2013, earned academic allowances are to paid to academic staff by their respective University Governing Councils.

You will have to look for the Consolidated Polytechnic and Colleges of Education Academic Staff (CONPCASS) salary scale online. I don't have a copy of it.

hugochuks60:
pls how about the salary structure of federal polytechnics? kindly help with it.

The way things are going in the university sector, it will get to a point where the federal government will reduce funding to the universities and allow for increase in tuition fees. The system is not sustainable - it is obvious the government does not have the funds. In the UK, from where we largely adopted our system, more than 70% of funding for the universities comes from tuition fees.