₦airaland Forum

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.

A lot has been said about the Federal Government not abiding by an agreement it willingly entered into with ASUU. The government through the Minister of Education has acknowledged that it failed in that aspect and it doing everything to remedy it. What I don't understand is why ASUU, which signed the same agreement in 2009 with the government, is not abiding by the agreement.

Let me quote directly from the 2009 FG-ASUU Agreement signed in January 2009.
Page 19
"Section 3.3 Non-Conditions of Service
(a). Fringe Benefits
...
(ix) Staff Schools
(a) The University shall bear the full capital and recurrent costs of University Staff Primary Schools (as in the May, 29, 1999 Agreement).
(b) The University shall (without recourse to Government) bear the full Capital Cost of University Secondary Schools while parents bear
the full Recurrent Cost (as in the May, 29, 1999 Agreement)."

From what is stated above, it simply says that each University, not the Federal Government, shall pay the salaries of employees of staff primary schools (recurrent costs include wages and salaries of employees). So the question is, why is ASUU now complaining when the government decides to implement what both of them signed?

Thanks2God:
This a fresh demand because the staff schools teachers were under the federal govt pay roll as at 2009 until Buhari came to power and gave a directive through federal ministry of education that staff schools teachers should be removed from the federal institutions pay roll thereby turning them to private schools teachers

You have to remember that majority of the primary school teachers in university staff schools are spouses of lecturers, especially the professors. They are protecting the interest of their families, especially their wives. It's all about the money. Why should primary school teachers be paid the same salary as lecturers who teach, research and do administrative work?

GODKID98:
..The government is said to be shocked by ASUU’s fresh request that the Federal Government should pay University Salary Scale to primary school teachers in varsity staff schools..



I am also shocked!... What kind of a demand is this?

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.

Summary:
A PhD holder without any academic/research experience or publications is usually employed at the rank of Lecturer II . With prior academic/research experience or publications, you can be employed at the rank of Lecturer I . After 3 years on rank Lecturer I and meeting the requirements of your university for promotion, you move to the rank of Senior Lecturer.

Total Emolument, which includes academic allowances and rent: (All figures are before deductions such as tax, pension contribution, etc)
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)

So what it means is that a lecturer must become a Professor of at least 5 years before one can officially (i.e. what is on your payslip) earn more than 400,000 per month (after tax, pension deductions, etc).

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.

Summary:
A PhD holder without any academic/research experience or publications is usually employed at the rank of Lecturer II . With prior academic/research experience or publications, you can be employed at the rank of Lecturer I . After 3 years on rank Lecturer I and meeting the requirements of your university for promotion, you move to the rank of Senior Lecturer.

Total Emolument, which includes academic allowances and rent: (All figures are before deductions such as tax, pension contribution, etc)
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)

So what it basically means, a lecturer must become a Professor of at least 5 years before one can officially (i.e. what is on your payslip) earn more than 400,000 per month (after tax, pension deductions, etc).

How future Nigerians will live, the quality of their lives, the kinds of employment available, the future political system, the manner in which citizens will resolve conflicts between themselves, and the country’s relationship to the global community of nations, will ultimately be determined by the content and quality of their education. University level education plays a crucial part in this.