Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,571 members, 7,837,165 topics. Date: Wednesday, 22 May 2024 at 06:08 PM

DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times (28207 Views)

Goodwill Akpabio Wants To Be Senate President By Joining APC - Premium Times / How Boko Haram Killed Soldiers In Borno & Yobe: The Untold Story - Premium Times / Kemi Adeosun Forged NYSC Certificate - Premium Times (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by SweetJoystick(m): 7:55am On May 28, 2020
olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.
So you receive upfront payment of same value twice in a day? Also receive another upfront payment next or within days?
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by coputa(m): 8:01am On May 28, 2020
tenry:
Guys, this salary is nothing compared to what this people make monthly thru illegal collection from filling station. They tore round stations monthly and collect minimum of 20k from each station to allow them adjust their pumps. So you can calculate that.
what of the inspection of oil drilling rigs,barges and installations,do you know how much they collect without going for inspection.

2 Likes

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by RTSC: 8:04am On May 28, 2020
Coolcash1:
This is not strange and not a new thing. Government parastatals in the oil and gas sector earn way way above their counterparts in MDAs.

They and NAPIMS/NNPC are the big boys of public service who enjoy fat pay check and allowances at month end.

However, they deserve to be well paid in order to match what their counterparts in the O&G companies they regulate and work with earn so as to prevent compromise on the job and unethical practices e.g connivance with operators to defraud government.

In short, the huge pay package is justified.
This is just condoning corruption.
Where is the place of patriotism?

The FBI and SEC has officers that investigate and regulate the biggest multi national companies in the world

You don't expect American SEC officers to get paid as much as a worker at S&P.

If you they are not satisfied with their pay in the public sector, they can leave. it happens everywhere in the world.

But while in the public sector, you will earn the proper and an uninflated salary and you must do your job well.

2 Likes

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by RTSC: 8:09am On May 28, 2020
Mobil, Chevron, Apple, Google , Microsoft, Intel, HP, dell, Coca Cola, Nike, and co have their headquarters in America.

And they are all regulated.

Are you telling me the most senior US regulators get paid as much as an ordinary coder at Google?

The answer is a big No.

4 Likes

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by kenex4ever(m): 8:14am On May 28, 2020
Captainrambo2:
APC party if criminals


Otherwise I see no reason y this will happen . Earned 50milliion for doing what ?
Person that earned 50m is a director according to the article, then divide 50 by 12months. Lower level staff in IOCs can earn that amount.
Try to know the job hazards faced by DPR guys. One of the lowest paid O&G regulators in the world.

2 Likes

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by ajimo54(m): 8:19am On May 28, 2020
tinsel:
https://www.premiumtimesng.com/business/business-news/394867-dpr-paid-%E2%82%A68-billion-salary-upfront-in-january.html


Be waiting for salaries to be just! There is a difference between MDAs that are self-funded and the ones that are Treasury Funded. It is like this all over the world!

3 Likes 1 Share

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by Babinski: 8:28am On May 28, 2020
olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.


Trying to justify bogus and lopsided salaries in some Government Agencies from the perspectives of efficiency, competitiveness and job turnover is far from the reality on ground.

1. No available fact or data shows that agencies paying bogus salaries are more efficient and productive that their lower paying counterparts.

2. In a system riddled with corruption and nepotism, what politicians simply to is to fill most of these high paying agencies with their relatives and wards on man-know-man basis and not based on any competitive hiring or recruitment practices aimed at increasing productivity or efficiency.

3. In developed countries, the Government has salary scales that cut across with variations typically of exceeding 30%. Entry level engineers in the USA for example earn between US50k to 65k per annum and that cuts across Government and private sector. You can't have a Government engineer in one agency earning USD 250k entry level and try to look for stories to justify such loopsided salary compared to fellow engineers. Are the other engineers sleeping or with inferior qualifications? If anyone wants humongous salaries, Government is not the place to earn it. Go to private sector!

All these lopsided salaries and allowances for public and civil servants is nothing but blatant corruption right in our faces!

For example are we paying our Senators one of the highest salaries in the world so they don't port to better paying jobs? What were most of them earning before they became Senators and what do they earn when they leave? All these bogus salaries are just ways to institutionalize corruption!

10 Likes 1 Share

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by Dpharisee: 8:33am On May 28, 2020
olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.

Universities earn high around the world like oil industry, why is ASUU poorly paid in Nigeria and being forced to join a payment system which is not acceptable to DPR and those you listed?

4 Likes

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by xcabczyxabczzzz: 8:45am On May 28, 2020
Puffydon1:

This country is so rich but the politicians makes it seems poor on our eyes .
Na so average Nigerian be also, him go get small change for account but when you reason sai baba wetin dey naw. Na just story you go dey hear; him go still dey reason to collect from you and when you give am him go happily collect.
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by onadana: 8:58am On May 28, 2020
Bellotelli:

What do you want efcc to do here?
This is purely an administrative matter.

Excuse me.Administrative matter indeed.Did you see the mind buggling figures and the rate of sharing.Collecting salary in advance,who does that in a government establishment?

1 Like

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by frog12: 9:00am On May 28, 2020
staffs that make 1 million a month. directors that make 5 to 6 million every month. the rumours have always been there. and more than 600 staffs. we hear it is even worse in nnpc
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by frog12: 9:03am On May 28, 2020
you see how dey dey drain nigeria. treasury money don dry so dey release the records.
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by Captainrambo2: 9:03am On May 28, 2020
kenex4ever:
Person that earned 50m is a director according to the article, then divide 50 by 12months. Lower level staff in IOCs can earn that amount.
Try to know the job hazards faced by DPR guys. One of the lowest paid O&G regulators in the world.
mumu if you read the report you will know it wasnt fir 12 months.


It was for 4 months . And they re already budgeting for may salary.
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by henrymorebaba(m): 9:04am On May 28, 2020
God please put me in this kind of place . I want to work there lord .
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by frog12: 9:06am On May 28, 2020
shut up. you work for dpr

olaNL:
Hmm. Though the money seems quite large, but there are two ways to look at it. You might want to say that the salaries of the DPR staff is on the high side for civil/public servant and the same goes for other high paying public institutions like NNPC, FIRS etc. But you also have to look at the practices of the industry under which the institution operates. The oil industry is known to have high salary benefits to its employees all over the world. So if DPR and similar government agencies decides to pay it's staff what non oil related industry are paying, it will not get required technical manpower to perform it's operations most especially in the top management level and it will generally have a high employee turnover as its staff will port to private oil companies that pays will at any given opputunity.

And the writer of this piece does not understand what upfront payment is. It's an accumulation of benefits that is given once a year and at the beginning of the year and it varies across the seniority level. So it doesn't mean that all the employee got similar upfront some might have gotten more while other got less than what was stated in the article above.
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by frog12: 9:08am On May 28, 2020
we are majority here. paid worm

Saifulah:
It is important to note two things here

1 upfront salary
2. Industry

Upfront salary is some percentage of your annual salary paid to you upfront in January. This is normally 45 to 55% depending on the CBA. Say for instance you earn 400k monthly, your annual salary is 4.8 million. Hence a 55% upfront payment will mean you will get a January salary of 2.6 million (from the 4.8 annual salary) and just 180k for the remainder of the 11 months.

As someone mentioned the energy industry pays high salary on average. If the DPR as a regulator decides to pay less it risk attracting unskilled workforce and losing it's best hands to the oil companies it seeks to regulate. Another thing is poor salaries make them prone to bribery in an industry like oil and energy.
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by frog12: 9:08am On May 28, 2020
you mean government staffs that make 4 million every month?

Iruosonobrugwhe:
There is nothing wrong here. They earn a lot and it is consistent with the industry they operate it.

1 Like

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by frog12: 9:10am On May 28, 2020
stop lying. read the article again

Saifulah:
It is important to note two things here

1 upfront salary
2. Industry

Upfront salary is some percentage of your annual salary paid to you upfront in January. This is normally 45 to 55% depending on the CBA. Say for instance you earn 400k monthly, your annual salary is 4.8 million. Hence a 55% upfront payment will mean you will get a January salary of 2.6 million (from the 4.8 annual salary) and just 180k for the remainder of the 11 months.

As someone mentioned the energy industry pays high salary on average. If the DPR as a regulator decides to pay less it risk attracting unskilled workforce and losing it's best hands to the oil companies it seeks to regulate. Another thing is poor salaries make them prone to bribery in an industry like oil and energy.
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by olaNL: 9:15am On May 28, 2020
frog12:
shut up. you work for dpr


I wish I work there. It's nothing to be ashamed of.
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by Luckygurl(f): 9:36am On May 28, 2020
The 0&G industry has been booming ever since.

Lmao!!
If you're lucky to get employment in government parastatals like NNPc, DPR, NCDMB etc you won't ever go broke in this life again.

4 Likes

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by frog12: 9:41am On May 28, 2020
i am looking at the data. i wan see if i know anyone. i mean for anyone to get 12 million a year. thats 1 million monthly when minimum wage is 30,000 .

it is completely wrong. a survival of the fittest system. the data has many people receiving millions !!! i mean it millions !!! if you work for these mda you will never go broke again!
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by frog12: 9:56am On May 28, 2020
everyone is there to suck the govt dry !

1 Like

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by Burchester: 10:01am On May 28, 2020
Woe
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by sleeknaija(m): 10:21am On May 28, 2020
tinsel:
https://www.premiumtimesng.com/business/business-news/394867-dpr-paid-%E2%82%A68-billion-salary-upfront-in-january.html

Abeg how I fit get job for this kind of government parastatal? undecided angry
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by naijadefender: 10:22am On May 28, 2020
The question is who approved the payments, has it been the practice in past years? Cos I know DPR pays upfront allowances which is approved by the Board. If that is the case then there is no issue here.

The curious payment that should be investigated is the disbursement of double payment to one person same day....
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by Omizu47(m): 10:56am On May 28, 2020
gurunlocker:
The kind corruption wey dey go on under this administration, devil self go fear... grin grin grin


I swear this country has not know corruption and nepotism as it is today

1 Like

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by Hardestknock55: 10:57am On May 28, 2020
Forget those people. Are they just aware of it now? As far back as 1980, in the same department, some people got 300k then. It has been like that from the beginning..

No wonder they keep on recycling their families....God will save Nigeria economy!
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by Nobody: 11:07am On May 28, 2020
INSTANTCASH345:
How can you pay 8 months salary to abokies /Arewa children in the NNPC when the price /barrel is less than its cost of production?

No wonder during this Salah they started displaying their sudden wealth & riches on social media.

I only pity the N/Delta inhabitants, by the time the northerners will be done with you guys, it's then you will all wake up from day dreaming.

Now, they have used the N/Delta resources to establish oil wells in the north in event the oil in N/Delta finally goes into extinction.

One Nigeria is really a crime against humanity.

That's alarmist. No need to feel bad for anybody.

This admin is very irresponsible with the oil exploration venture. More money has been pumped into those northern basins than in previous govts. The cover story is to diversify the resource base.... add reserves and production from other basins. But u shld know that exploration contracts go to someone's companies. Easier way to make money doing seismic here and there and reporting hydrocarbon deposits. Millions of USD for doing what? Lol.

U see it's all a joke because when marketing Naija basins abroad the NNPC itself focuses on Niger delta onshore and shallow offshore. Deep offsore Niger delta is picked up by the massive companies and in some cases the dahomey basin as well.

The IOCs are sometimes given inland basin commitments but never act on it and the nnpc never complains... that's the trick. They know it's pointless.

The Niger that everybody talks abiut has barely 200 million barrels in reserves. Theoretically if they pumped oil like us it will finish in less than 100 days. Lol.

Niger Produces less than 20k barrels a day. For comparison sake, akwa ibom does 550k rivers and delta roughly 350k and Bayelsa about 300 k barrels a day. And IOCs keep finding multibillion barrel reserves in those states. That is, new finds separate from current production and equal to the entirety of the reserves in Chad Niger Cameroon etc.

Borno businessmen like Indimi never pick up any chad basin projects. He is jejely building his firm with akwa ibom oil (mind u he does work well with the communities n chiefs and they seem to enjoy his presence). Danjuma doesn't go near the central inland basins (bida etc ) but is firmly entrenched in akpo and egina (close to andoni).

Even the most northern NNPC oga knows the real asset base of his company. The LNG, GTL, Gas to power and upstream strengths of his company lies in particular Niger delta states. They are not going to be able to feed 100 million ppl on phantom oil in whatever contraption they come up with. Or oil from Niger that cant even supply itself.

See Chad itself with actual production capacity topped 190k barrels a day in 2005 and not does only 90k a day with a very acidic and heavy crude blend that sells at a discount to brent.... alakija's agbami field alone with chevron is doing 190k and not stopped. Till today. Just agbami has more oil than chad and niger combined in entirety (production and reserves).

The tomfoolery of this regime to use exploration contracts to make money is only sad because it takes away from nnpcs actual role as a JV operator (majority 60%) that is supposed to be leading the way on exploration of its proven reserves. Then again... whatever. Na naija go spoil itself with him own hand.

Nigerian niger delta production stats

1958- 5000 bopd
By 1966- 420000 bopd
1970- 1 million bopd

Since 1973 at least- 2 million bopd..

It is by far the most prolific production profile in Africa. Only matched by Libya. Angola only reached 2 million in the last 15 years. See how long nnpc has been doing same? Dont get too alarmist on these guys. Theyre pulling a fast one. But they wont be there forever.

Hopefully sanity prevails 2023.

If not ask al Turabi's followers in Sudan: if someone predicted Heglig for them in the 80s, would they have believed ?
Callousness gets u no where. Naija is less than a century old. U might be shocked to see what it turns out to be in 40 years. Lol.

Thank you.

5 Likes

Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by Realhommie(m): 11:13am On May 28, 2020
Johnbosco77:
Audio payment of ghost workers..


#prayfornigeria
You have comprehension issues?
Re: DPR Paid 8 Billion Naira Salary Upfront In January - Premium Times by slowice(m): 11:14am On May 28, 2020
There's so much money unaccounted for flying around in federal agencies and ministries in Nigeria....... The heads of these agencies are literally packing money every now and then.... So much money than they can spend in their life time.. The story of this nation is so painful.


I no longer want to hear about it.... Literally tired

(1) (2) (3) (4) (5) (Reply)

Sit-At-Home: Simeon Ikpa Boys Seen Destroying Goods In Enugu / ASUU Agrees To Participate In 2019 Election Despite Strike, Nigerians React / Sharia Bill: Speaker Dogara Reacts

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 76
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.