tony0806:
2,000,000 monthly

As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions).

That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly.

As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira, that's a total income of 1,200,000 x 414 = 496,800,000.

THEN; 496,800,000 x 30 days = 14,904,000,000. This is approximately Fifteen billion naira FROM CRUDE OIL MONTHLY (Nigeria's income from crude oil).

Summarily, the nations income (from crude oil) AS AT TODAY CAN'T settle ASUU's demand. This draft proposal is just for academic staff salaries oooo. We've not mentioned other items.

SSANU, Non academic staff, etc have not been mentioned oooo.
Other government establishment have not been mentioned oooo.

Anyway, the government has enough money. Else, where are they getting money to pay NPOWER between 12 to 15 billion monthly? What of the one they said they share to the poorest people in Nigeria monthly, etc.


I'll come back to modify my comment later

You calculated oil in barrels not $. Multiply the N14bn monthly by the current oil price of $100 per barrel

ASUU Strike: Ngige and his many lies.

According to Statistica, https://www.statista.com/statistics/1263219/academic-staff-at-universities-in-nigeria-by-category/, there are 39,784 academic staff in federal universities as of 2019. There were 7,125 Professors, 3,377 Readers (Associate Professors), 7,368 Senior Lecturers, and 21,914 Lecturer 1 and below. The current number can't be too different since there was not much employment in public universities since IPPIS was forced on the universities in January 2020.

Now let's look at the average gross and net salary of each category of lecturers and do a bit of arithmetic. The average monthly gross and take-home salary of professors is about N497,000 and N385,000 respectively. The average monthly gross and take-home salary of Readers is about N374,000 and N286,000 respectively. The average monthly gross and take-home salary of Senior Lecturers is about N307,000 and N237,000 respectively. The average monthly gross and take-home salary of Lecturer I and below is about N172,000 and N138,000.

If you multiply the monthly gross of the different categories by the number and multiply the obtained figures by 12 months, then add them up, that will give you about N130bn. That implies that out of the N320.7bn budgeted for university personnel in 2022, the academic staff consumed less than half of it. If that amount is increased by Prof. Briggs' committee by 180% as claimed by Ngige, you know what the figure will be. That is simple arithmetic. It is definitely not N1.2tn.

Don't allow Buhari's government to use Ngige to deceive you with figures. They can end the ASUU strike today if they wish to end it. The ball is in their court.

©Amoka

Tell ur oga Tinubu that he didn't giv us naija youth shishi...he only gave candidates n delegates n so idiot on social media to rally support.If he wants our vote,we naija youths demand he gives u 10million each n we go vote am .if not on Peter Obi manhood we stand

IboHausaYoruba:
I promise you that Obi will implement 3Million per month for all professor if we can support him. That's why they have started having sleepless night because of Obi and Obidient people. You think it's a child play for Afenifere to declare for Obi, you think it's a child play for Simon Ekpa to stop sit at home and become Obidient, you think Mazi Nnamdi Kanu didn't see the future to have commanded all Nigerian youth for Obi. At the mention of LP, other parties become jittery. Enough is enough, all old cargos and drug barons must retire from politics by fire by force.

Arinya! Everybody eye go clear ... Cus Obi na Igbo man Abi... You be APC PDP or been one of them before ... Na same story !
Everybody eye go clear last last

tempest01:
If senators are earning twenties to thirties of millions, then why not?

1 million is a fair price for a professor.

You people need to start paying the masses fair wages so that you know there is no much remaining to loot.

Maybe you will curb corruption and reduce cost of governance then. The whole labour force should ideally go on strike and damage a fair living wage.

Ahhhhhh,it's unfortunate that most of the government ( State and Federal) have false beliefs that ASUU is a threat since the 90's ,yet they know how to spend NBillions unaccounted for on Politics and wastage,while the Future of Nigerian Workers and Youths are frustrated and in jeopardy.
It's not new what the Masses experienced today - failed promises,no Electricity,No good roads,No clean Waters.
The ruling government officials have to take out money abroad for their Children School Fees, Family Health Services yet Nigerians are really suffering locally
Shame everywhere! Anyway Govt-Officials, don't even have shame again,with exceptions of a very few,who are being polluted constantly!
Argue with your maker,then you can ask- where is our Crude Oil Money?
How much do we have now and how much of the Budgets are performing?
No wander, Youths are really not happy!

tony0806:
2,000,000 monthly

As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions).

That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly.

As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira, that's a total income of 1,200,000 x 414 = 496,800,000.

THEN; 496,800,000 x 30 days = 14,904,000,000. This is approximately Fifteen billion naira FROM CRUDE OIL MONTHLY (Nigeria's income from crude oil).

Summarily, the nations income (from crude oil) AS AT TODAY CAN'T settle ASUU's demand. This draft proposal is just for academic staff salaries oooo. We've not mentioned other items.

SSANU, Non academic staff, etc have not been mentioned oooo.
Other government establishment have not been mentioned oooo.

Anyway, the government has enough money. Else, where are they getting money to pay NPOWER between 12 to 15 billion monthly? What of the one they said they share to the poorest people in Nigeria monthly, etc.


I'll come back to modify my comment later

Your calculation of oil based income is faulty, as you didn't capture the per barrel price of the product. You just assumed that a barrel goes for 1 dollar in your calculation.

tony0806:
2,000,000 monthly

As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions).

That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly.

As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira, that's a total income of 1,200,000 x 414 = 496,800,000.

THEN; 496,800,000 x 30 days = 14,904,000,000. This is approximately Fifteen billion naira FROM CRUDE OIL MONTHLY (Nigeria's income from crude oil).

Summarily, the nations income (from crude oil) AS AT TODAY CAN'T settle ASUU's demand. This draft proposal is just for academic staff salaries oooo. We've not mentioned other items.

SSANU, Non academic staff, etc have not been mentioned oooo.
Other government establishment have not been mentioned oooo.

Anyway, the government has enough money. Else, where are they getting money to pay NPOWER between 12 to 15 billion monthly? What of the one they said they share to the poorest people in Nigeria monthly, etc.


I'll come back to modify my comment later

Your calculations and conclusions are wrong
We produce 2.5m BPD of crude oil daily and a barrel of crude oil cost between the range 90-95 dollars per barrel. Nigeria make roughly 98 billion naira from crude sales daily.I stand to be corrected

tony0806:
2,000,000 monthly

As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions).

That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly.

As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira, that's a total income of 1,200,000 x 414 = 496,800,000.

THEN; 496,800,000 x 30 days = 14,904,000,000. This is approximately Fifteen billion naira FROM CRUDE OIL MONTHLY (Nigeria's income from crude oil).

Summarily, the nations income (from crude oil) AS AT TODAY CAN'T settle ASUU's demand. This draft proposal is just for academic staff salaries oooo. We've not mentioned other items.

SSANU, Non academic staff, etc have not been mentioned oooo.
Other government establishment have not been mentioned oooo.

Anyway, the government has enough money. Else, where are they getting money to pay NPOWER between 12 to 15 billion monthly? What of the one they said they share to the poorest people in Nigeria monthly, etc.


I'll come back to modify my comment later

Nigeria earns 15 billion Naira from crude oil monthly or I didn’t see that rightly

NewFolm4:
• ASUU alleges blackmail

https://thenationonlineng.net/fed-govt-committee-recommends-n2m-monthly-pay-for-professors/

The problem with most of this lecturers is that they always think upgrading education system means upgrading their salaries and allowances.
If Prof. Collect 2M salary how much is President's salary? How much will other lecturers be paid?
And don't you think other sectors like doctors etc will start fighting for similar pay.
What then happens if everybody's salary is increased in that range, did they even consider how inflation will render the money useless?

Or they expect only Prof. To be paid 2m while others are collecting less than 100k?

It's a pity that Nigerian students are not ready to resume.... Continue to roam on Twitter, Instagram, Nairaland and Snapchat wasting their lives away while the children of the politicians are graduating from International universities.


It's even worse that their NANS have been infiltrated with politicians. I thought they were carrying out protests some months ago.. where are they today.... They have suddenly disappear....

Buhari knows you all are just no action.... And that's how most Nigerians are... bunch of cowards... Just to sit in their comfort zones and be nagging

dollar124:


So for you uprgrading education means paying lecturers 2M salaries in a country others civil servants are less than 100k?

The report said professors and not all lectures.
There was no where in my write up were I insinuated that upgrading the education sector was about paying 2million salary.

ASUU Strike: Ngige and his many lies.

According to Statistica, https://www.statista.com/statistics/1263219/academic-staff-at-universities-in-nigeria-by-category/, there are 39,784 academic staff in federal universities as of 2019. There were 7,125 Professors, 3,377 Readers (Associate Professors), 7,368 Senior Lecturers, and 21,914 Lecturer 1 and below. The current number can't be too different since there was not much employment in public universities since IPPIS was forced on the universities in January 2020.

Now let's look at the average gross and net salary of each category of lecturers and do a bit of arithmetic. The average monthly gross and take-home salary of professors is about N497,000 and N385,000 respectively. The average monthly gross and take-home salary of Readers is about N374,000 and N286,000 respectively. The average monthly gross and take-home salary of Senior Lecturers is about N307,000 and N237,000 respectively. The average monthly gross and take-home salary of Lecturer I and below is about N172,000 and N138,000.

If you multiply the monthly gross of the different categories by the number and multiply the obtained figures by 12 months, then add them up, that will give you about N130bn. That implies that out of the N320.7bn budgeted for university personnel in 2022, the academic staff consumed less than half of it. If that amount is increased by Prof. Briggs' committee by 180% as claimed by Ngige, you know what the figure will be. That is simple arithmetic. It is definitely not N1.2tn.

Don't allow Buhari's government to use Ngige to deceive you with figures. They can end the ASUU strike today if they wish to end it. The ball is in their court.

©Amoka

socialmediaman:
The average salary of a college professor in America is about N4 million naira monthly plus or minus (using N500 to $1)

The average cost of a 2 bedroom apartment in America is about N7 million annually, while the average cost in Nigeria (Lagos mainland) is about N700,000 annually

So based on this very simple comparison, why does a college professor in Nigeria want to earn half the salary of an American college professor when his expenses and standard of living are over 10x less?

Hmmmm....
We will complain till they Kingdom come... We should all face the fact ... We just should be reasonanble ... My own is civil servants embezzle more of the money supposed to be generated ... If you work in a government parastatals or visit there regularly you will understand this I said... Some of our fathers mothers uncles aunties brother sisters daughters sons are working as a civil servants... But will point to presidents senators governors and co...
Nobody can help this country .... Anyone one trying to help will be frustrated

tony0806:
2,000,000 monthly

As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions).

That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly.

As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira, that's a total income of 1,200,000 x 414 = 496,800,000.

THEN; 496,800,000 x 30 days = 14,904,000,000. This is approximately Fifteen billion naira FROM CRUDE OIL MONTHLY (Nigeria's income from crude oil).

Summarily, the nations income (from crude oil) AS AT TODAY CAN'T settle ASUU's demand. This draft proposal is just for academic staff salaries oooo. We've not mentioned other items.

SSANU, Non academic staff, etc have not been mentioned oooo.
Other government establishment have not been mentioned oooo.

Anyway, the government has enough money. Else, where are they getting money to pay NPOWER between 12 to 15 billion monthly? What of the one they said they share to the poorest people in Nigeria monthly, etc.


I'll come back to modify my comment later

you are neither here nor there

tony0806:
2,000,000 monthly

As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions).

That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly.

As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira, that's a total income of 1,200,000 x 414 = 496,800,000.

THEN; 496,800,000 x 30 days = 14,904,000,000. This is approximately Fifteen billion naira FROM CRUDE OIL MONTHLY (Nigeria's income from crude oil).

Summarily, the nations income (from crude oil) AS AT TODAY CAN'T settle ASUU's demand. This draft proposal is just for academic staff salaries oooo. We've not mentioned other items.

SSANU, Non academic staff, etc have not been mentioned oooo.
Other government establishment have not been mentioned oooo.

Anyway, the government has enough money. Else, where are they getting money to pay NPOWER between 12 to 15 billion monthly? What of the one they said they share to the poorest people in Nigeria monthly, etc.


I'll come back to modify my comment later

Nigeria na one very stupid country. We dey spend wetin we no get.

Golan007:


How much did he pay state university professors when he was governor?

Leave them ooo...
Like he did better when he was a governor ... Nigerians and short memory

socialmediaman:
The average salary of a college professor in America is about N4 million naira monthly plus or minus (using N500 to $1)

The average cost of a 2 bedroom apartment in America is about N7 million annually, while the average cost in Nigeria (Lagos mainland) is about N700,000 annually

So based on this very simple comparison, why does a college professor in Nigeria want to earn half the salary of an American college professor when his expenses and standard of living are over 10x less?

ASUU never demanded 2m for her professors it was a recommendation by the setup committee.

Hmmm, all these ones no be talk, students want to go back to school and when we say school we meant standard schools not just some dilapidated buildings without proper infrastructure

tony0806:
2,000,000 monthly

As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions).

That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly.

As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira, that's a total income of 1,200,000 x 414 = 496,800,000.

THEN; 496,800,000 x 30 days = 14,904,000,000. This is approximately Fifteen billion naira FROM CRUDE OIL MONTHLY (Nigeria's income from crude oil).

Summarily, the nations income (from crude oil) AS AT TODAY CAN'T settle ASUU's demand. This draft proposal is just for academic staff salaries oooo. We've not mentioned other items.

SSANU, Non academic staff, etc have not been mentioned oooo.
Other government establishment have not been mentioned oooo.

Anyway, the government has enough money. Else, where are they getting money to pay NPOWER between 12 to 15 billion monthly? What of the one they said they share to the poorest people in Nigeria monthly, etc.


I'll come back to modify my comment later

In a same country, professors earn should earn more than senators, to be a professor na beans?

SmartPolician:
If Nigeria can pay that #2m per month, it will really encourage our best brains to go into lecturing. Unfortunately, the government doesn't value education in this part of the world.

On the flip side, if the government agrees to pay, the biggest challenge will be sourcing the funds. Nigerians haven't been voting for leaders who know how to create wealth at federal level.

TBH, I don't see Buhari - who lacks wealth creation ideas and skills - approving this salary structure, unless he wants to keep borrowing to pay salaries.

Anyone who lacks finance management and wealth creation ideas has no business being a Nigerian president at this time. That's why Nigeria desperately needs Peter Obi to save this sinking ship.

He can't help Nigeria this time

tempest01:
If senators are earning twenties to thirties of millions, then why not?

1 million is a fair price for a professor.

You people need to start paying the masses fair wages so that you know there is no much remaining to loot.

Maybe you will curb corruption and reduce cost of governance then. The whole labour force should ideally go on strike and damage a fair living wage.

Ahhhhhh,it's unfortunate that most of the government ( State and Federal) have false beliefs that ASUU is a threat since the 90's ,yet they know how to spend NBillions unaccounted for on Politics and wastage,while the Future of Nigerian Workers and Youths are frustrated and in jeopardy.
It's not new what the Masses experienced today - failed promises,no Electricity,No good roads,No clean Waters.
Shame everywhere!

Professors that cannot conduct simple free and fair elections rubbish

Useless lost greedy ass professors who know nothing. When professors in other countries are going on scientific research programmes creating more hybrids and cross breeds of animals like liger, creating hormones for Artificial Insemination (AI) which is used for enhanced and rapid breeding programmes where by up to 10 female animals are inseminated at a time with frozen semen of a foreign hibrid animal, production of milking machines, production of vaccines for animal and Human health, production of incubating machines which gives us pure yolk poultry eggs, production of time machines which reads age of animals fossils etc the list of white professors scientific achievements is long and endless and continuous but these idiots here are professors by mouth, professor in sexual harassment and bribery, professors who cannot do cross breeding programmes between different species of animals in the same genus, professors who their only pride is wearing glasses on top their hairy nose and speaking white man's language. They're just idiots, I only respect professors of law in Nigeria, every other professors especially in engineering, Medical, Agric or science fields are failed counterfeits who do not know what professorship should be about. Idiots think they just deserve millions for being professors,let Buhari scrap ASUU I swear there are lots of other lectures who are ready to take their place and resuming learning

OGHENAOGIE:
when Obi losses u guys can continue ur nonsense ipobic madness... Is it only professors that should get outright increase in salaries? How realistic is such figure they've bandied around...

Lolzzzx

dollar124:


Una go jus they cap carelessly, which senator earns a salary of 20-30M? And what stops the lecturers from contesting election to enjoin the jumbo pay too?

Lolzzzz

tony0806:
2,000,000 monthly

As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions).

That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly.

As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira, that's a total income of 1,200,000 x 414 = 496,800,000.

THEN; 496,800,000 x 30 days = 14,904,000,000. This is approximately Fifteen billion naira FROM CRUDE OIL MONTHLY (Nigeria's income from crude oil).

Summarily, the nations income (from crude oil) AS AT TODAY CAN'T settle ASUU's demand. This draft proposal is just for academic staff salaries oooo. We've not mentioned other items.

SSANU, Non academic staff, etc have not been mentioned oooo.
Other government establishment have not been mentioned oooo.

Anyway, the government has enough money. Else, where are they getting money to pay NPOWER between 12 to 15 billion monthly? What of the one they said they share to the poorest people in Nigeria monthly, etc.


I'll come back to modify my comment later

You may correct your calculations.
Crude oil is not sold at 1$ per barrel as used in your calculations. This year oil has gone up as high as120$ and over per barrel. Currently it is ranging at around 100$.
However, I am not saying an unsustainable salary structure be recommended, rather something appreciate and sustainable

anonimi:


Did he do anything of that sort in his eight years of Anambra mismanagement and looting
We don tire for pretentious rogues posing like paupers. Was that not how we ended up with Baba Yusuf drinking Milo sachets before elections. After the elections he started spending billions on chop money for Aso Rock.

You are wise ... Many youths of today no wise ...

Tonypen247:


You learn everyday.

Well the lesson here is not to use words unnecessarily or incongruously.
Keep it simple

I read thru the comments and I will say non address the crucial point.
No amount of money is too much or too small for our professors.

But the critical aspect of this issue is the value. With the high rate of inflation, cost of living standard, I think if they earn 100 million it will amount to nothing.

An increament in wages and income will automatically increase inflation rate.
Gone were the days when a brand new car was sold less than ₦5,000.

My submission, let government engage in economy plans and activities that will strengthen our purchasing power, even if they are paid ₦50,000, it should be valuable, not like Zimbabwe where their currency is totally worthless.

If they like let them increase it, with current situation on ground, oneday they won't have money to pay NYSC ( mark this)

If I'm a student in any of theseinstitutions and after the government sealing the deal on paying each Prof 2M for a month and they start their frustrating stunts with us ehn..... Na to GUN them down.

I told you all in one of my post that ASUU are just fighting to fatten their own pockets and not for the interest of the ordinary student. I'm not saying paying a prof that amount is bad ! But when a particular sector is bad, we cannot pretend to make people believe others are okay. It's not just paying a those monies, But making the system exceptional and of which can produce employable graduates. And as such the economy should be accommodating to accept a reasonable chunk of graduates for employment after graduation from these institutions.

Golan007:


A large chunk of Nigeria Police Officers are Edo.

No sir.
There are numbers allocated to each state based on population of that state