₦airaland Forum

ZARAMITE:
You may kindly wish to double check this information properly because they employed 3 months ago. Very good place to be. 1.8m salary for grade level 12,
13 month payment allowances in millions, Upfront payment every January in millions, quarterly allowance payment every 3 months plus one bag of rice each staff every 3 months. There are other additional allowances.

Boss, wetin be entry level for this one ke

ZARAMITE:
You may kindly wish to double check this information properly because they employed 3 months ago. Very good place to be. 1.8m salary for grade level 12,
13 month payment allowances in millions, Upfront payment every January in millions, quarterly allowance payment every 3 months plus one bag of rice each staff every 3 months. There are other additional allowances.

I'm aware of the recruitment then. I overhead a phone call to the MD while i was in a building.
Thanks for the reminder

Abdull01:
Yes with just an executive order, hardly an agency is created without passing through the National Assembly, I didn't say there are not but there has to be an ACT which will specify how the leadership will be constituted, it source of funding, a clear roadmap and other stuff.

Okay, thank you Chief.

Abdull01:
E no really make sense like that.

Chai, information is power.

ZARAMITE:
You may kindly wish to double check this information properly because they employed 3 months ago. Very good place to be. 1.8m salary for grade level 12,
13 month payment allowances in millions, Upfront payment every January in millions, quarterly allowance payment every 3 months plus one bag of rice each staff every 3 months. There are other additional allowances.

The 1.8m salary, is it annual or monthly?

elaino:
Galaxy backbone 😭😭😭. I thought the place make sense? So na hype without pay. 4.6m average yearly pay per head. 😭😭😭😭

Are you sure u got d right information....Smile
Galaxy really good but only if u re working there before u can know the actual payment. But I'm 100 percent sure the money is more than that nd them dey pay well

HLion:
The 1.8m salary, is it annual or monthly?

Monthly offcus. Unfortunately I can’t share the pay slip.

HLion:
The 1.8m salary, is it annual or monthly?

Lol leav monthly n focus on what comes outside.
There's enough blocks in procurement department the more🤝

ZARAMITE:
Monthly offcus. Unfortunately I can’t share the pay slip.

Kinda shocking NDPHC pays this much, seems like they’re low key. I meant one of their Executive Directors few months ago, I should have shoot my shot.

New information

Maiturare1:
CDCFIB Notice:

elaino:
How easily can new agencies like nelfund, Creditcorp, etc be scraped by new government, since their mandates aren't backed by acts of Parliament? It's just an executive initiative. So can a new government just scrap it outrightly and what happens to its members of staff?

@Zaramite, please lend your expertise 🙏🏽🙏🏽. The likes of credit Corp, CNG office and other initiatives by the executive arm and those government companies that are limited in liabilities. Since their establishment didn't go through NASS, it was just announced by the president. Or would they later send a bill to the house to back them up by law?

Dayo4real12:
Are you sure u got d right information....Smile
Galaxy really good but only if u re working there before u can know the actual payment. But I'm 100 percent sure the money is more than that nd them dey pay well

well, I got the information from their 2024 financials 🤔

elaino:
well, I got the information from their 2024 financials 🤔

that's 2024 not recently.... They reviewed salary this year

Dayo4real12:
that's 2024 not recently.... They reviewed salary this year

highest, 100% which is less than 9m total package

elaino:
highest, 100% which is less than 9m total package

No 300%... But did 150% this year

Mohisah:
I'm aware of the recruitment then. I overhead a phone call to the MD while i was in a building.
Thanks for the reminder

Well, I’m not doubting your intelligence. After all, NUPRC intentionally reserved over 30 GT slots for aggrieved stakeholders same thing with PTDF. Is possible Jennifer also reserved some reasonable slots for aggrieved stakeholder’s that might show case their ugly heads after the recruitment.

Please 🙏 anybody with genuine info concerning the posting of the last batch of candidates invited by FIRS

Dayo4real12:
No 300%... But did 150% this year

oh okay, that's fantastic then

ZARAMITE:
Well, I’m not doubting your intelligence. After all, NUPRC intentionally reserved over 30 GT slots for aggrieved stakeholders same thing with PTDF. Is possible Jennifer also reserved some reasonable slots for aggrieved stakeholder’s that might show case their ugly heads after the recruitment.

Hahahaha. Politics 😁

elaino:
@Zaramite, please lend your expertise 🙏🏽🙏🏽. The likes of credit Corp, CNG office and other initiatives by the executive arm and those government companies that are limited in liabilities. Since their establishment didn't go through NASS, it was just announced by the president. Or would they later send a bill to the house to back them up by law?

All these agencies you mentioned are SPV’s. agencies like AMCON, Credit Corp CNG among others are indeed Special Purpose Vehicles (SPVs) established by the Federal Government. AMCON staff were previously given the option to transition to either the NDIC or CBN. The status of these SPVs can be subject to change, depending on the administration's interests, unless a bill is passed into law by the National Assembly. In the event of dissolution, staff may be redeployed to other agencies within the same ministry or receive severance packages.

ZARAMITE:
All the agencies you mentioned are all Special Purpose Vehicles. Federal government call them SPV’s. Just like Asset Management Cooperation of Nigeria (AMCON). AMCON staff were once requested to choose between NDIC and CBN. However, A bill might or might not be sent to NASS to make it a law. If a bill isn’t sent, it remains SPV’s and can be dissolve by any administration pending on interest. But if it’s dissolved, the staff of the agency will be requested to choose any agency within same ministry so every staff can be reposted or they can be paid off.

Oh, I see.. Thank you for the explanation 🙏🏽

elaino:
Oh, I see.. Thank you for the explanation 🙏🏽

You are most welcome, anytime.

ZARAMITE:
Well, I’m not doubting your intelligence. After all, NUPRC intentionally reserved over 30 GT slots for aggrieved stakeholders same thing with PTDF. Is possible Jennifer also reserved some reasonable slots for aggrieved stakeholder’s that might show case their ugly heads after the recruitment.

Chai 30 slots, How can I get one of this NUPRC GT slot,
I am super ready for anything o
Bosses in the house Make una help a brother

Geekels:
Chai 30 slots, How can I get one of this NUPRC GT slot,
I am super ready for anything o
Bosses in the house Make una help a brother

Are they recruiting again this year?

Please I want to know if any of these are still recruiting. BOI, Ndphc or firs. Thanks

I love nairaland for the entertainment. Lol

ZARAMITE:
You may kindly wish to double check this information properly because they employed 3 months ago. Very good place to be. 1.8m salary for grade level 12,
13 month payment allowances in millions, Upfront payment every January in millions, quarterly allowance payment every 3 months plus one bag of rice each staff every 3 months. There are other additional allowances.

ZARAMITE:
All these agencies you mentioned are SPV’s. agencies like AMCON, Credit Corp CNG among others are indeed Special Purpose Vehicles (SPVs) established by the Federal Government. AMCON staff were previously given the option to transition to either the NDIC or CBN. The status of these SPVs can be subject to change, depending on the administration's interests, unless a bill is passed into law by the National Assembly. In the event of dissolution, staff may be redeployed to other agencies within the same ministry or receive severance packages.

What about BOI and Development Bank of Nigeria. Seems they are not also established by law.

2el:
What about BOI and Development Bank of Nigeria. Seems they are not also established by law.

Yes theyre not. Same process may affect them like Zaramite had said.
BOI fall under Mofi & DBN is a private entity regulated by CBN.

2el:
What about BOI and Development Bank of Nigeria. Seems they are not also established by law.

BOI was established by law. It was formerly NIDB (which was established by act of parliament) before it was restructured to BOI and made to operate like a private company but owned by CBN and MOFI.
DBN is partly owned by Nigeria (MOFI and NSIA) , AFDB, European Investment Bank and German Development Bank. Nigeria has controlling shares though. No wonder DBN pays better than BOI 😁

elaino:
BOI was established by law. It was formerly NIDB (which was established by act of parliament) before it was restructured to BOI and made to operate like a private company but owned by CBN and MOFI.
DBN is partly owned by Nigeria (MOFI and NSIA) , AFDB, European Investment Bank and German Development Bank. Nigeria has controlling shares though. No wonder DBN pays better than BOI 😁

There is no act of Parliament establishing BOI categorically though. It is incorporated as a company under CAMA and it holds a banking license. BOI emerged as merger of three development finance institutions: Nigerian Industrial Development Bank (NIDB), Nigerian Bank for Commerce and Industry (NBCI) and National Economic Reconstruction Fund (NERFUND), in 2001.

please any info about SEC Apl.

Nadingo:
There is no act of Parliament establishing BOI categorically though. It is incorporated as a company under CAMA and it holds a banking license. BOI emerged as merger of three development finance institutions: Nigerian Industrial Development Bank (NIDB), Nigerian Bank for Commerce and Industry (NBCI) and National Economic Reconstruction Fund (NERFUND), in 2001.

of course, there was a merger and there is no act backing the modified BOI But from it's foundations, an act exists before it was modified. I guess it sometimes like NNPCL yeah?