₦airaland Forum

Focusmind:
In as much as this pay increase is good, most Professors in Nigerian universities are too laid back- They are hardly academic and research-minded. Some got their professorship position through ass-licking, which I dont blame them fo,r as some VCs see themselves as mini gods and dish out professorship positions to their cronies. Some of them will collect both local and international research grants and use it to by SUVs, build houses and shopping malls and commission a Phd student to produce a sub-standard journal or research.

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

Okbaba:
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

duduade:
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

tony0806:
Yes o. SHELL and the other drillers haven't even taken their own percentage. Nevertheless, the government is making BILLIONS of naira from VAT on a daily bases.

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

Jeposky:
‘ Thisss maaaan!’
‘Your mumu no too much?’

Even hin P.A no fit talk this sh*t.

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.

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?

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

bdon123:
Wen did Nnamdi kanu command for obi?why are u talking nonsense...go back to ur employer Tinubu n tell him we still go vote OBi no matter wat

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?

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

sureinfo:
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

Devil1Messenger:
No sir.
There are numbers allocated to each state based on population of that state

GodPrince:
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

billagreen:
Your calculation is wrong.
However 1.2mbpd is not going at 414 per barrel, pls confirm that a barrel of fuel isn't 1 dollar

henrimoto:
@tony0806. check again, your calculation is not correct. Presently, a barrel of crude oil is more that $70, you only used the exchange rate of ONE dollar to calculate the numbers of crude oil BPD.

lawrenzooo:
Thank God it was the federal government committee that made the recommendation and not ASUU demanding for 2 million. Am not sure our government value our education that much to want to Pay a prof. Over $3000 per month.

Am sure salary and payment issue were not the only thing in the report. They should stop making it look as though salary and allowances are the only thing ASUU is fighting for there are other issues as well.

If some of the terms on that report is not workable what happens to renegotiating and working out the workable ones?

Summarily : Our leaders are not yet ready to upgrade our education system.
Hopefully Nigerians make the right choice next election.
If the content of the proposal is actually true, then ASUU is indeed a very selfish organisation.
It's not done anywhere.
In developed countries, lecturers are not paid the same salaries, each university pays it's Lecturers based on their income generating power, ability of the lecturers to generate funds for the university.
So, proposing such huge amount as monthly salary only expose them as thieves as their counterparts in politics. You think amount is sustainable given the economic realities in Nigeria.
How many state governments can pay half of the proposal conveniently. None, not even Lagos.
You cannot be comparing US with Nigeria, what's the living expenses in Osun state and living expenses in Ohio, what's the state of infrastructure in Osun state and Ohio.
If there's anything the government need to massively invest into, it's infrastructure in all sectors of the economy because the country is still much backward infrastructure wise, not recurrent expenditure.
Remove sentiment, if you become governor or president today, you cannot pay that amount to anyone except you want to throw your state into chaos

billagreen:
Your calculation is wrong.
However 1.2mbpd is not going at 414 per barrel, pls confirm that a barrel of fuel isn't 1 dollar

papalumi29:
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.

Fearyourcreator:
The project them give you wey you summit hope na you write am sha

Golan007:
How much did he pay state university professors when he was governor?

Vermine:
shut up,he is telling you the truth at least.

Basicend:
850 k monthly is ok

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?