An instructor at the Branch of English, College of Port Harcourt, Mazi Eze, has shared his dissatisfaction in the wake of being denied a N5 million credit because of his month to month pay of N191,000.
Portraying his involvement with a post on his Facebook page on Thursday, Eze reviewed his visit to Initially Bank, Choba, where he looked for a credit to improve his Public Speaking Institute Restricted and secure web-based entertainment devices however was told by his record official that his compensation was insufficient for the advance he requested.
Eze wrote, “Yesterday, I got insulted big time! Yesterday, I got insulted big time!” He was dissatisfied with the difficulties faced by academic staff members at the institution and pointed to the significant salary gap with counterparts at other universities, who reportedly receive monthly incomes ranging from N230,000 to N250,000. By my UNIPORT pay!
The circular table: EXPLOSION OF IBADAN; CLARION CALL FOR SECURITY, SAFETY, AND MINING STANDARDS 0.00 / 0.00 “I went to my bank, First Bank, Choba, to borrow N5 million. My record official, a happy decent woman, said, ‘We can’t surrender you to that sum as a credit.’ ‘ Why?’ I inquired.
“‘Your compensation can’t convey it. Stand by, let me see.’ She clicked away at her personal computer and said, ‘Your compensation is N191,000. We can give you 1.something million repayable in three years or less.’
“I shook my head and answered, ‘I don’t require 1.something million. What I want is N5 million. I really want to completely prepare my Public Speaking Foundation Restricted. For my social media engagements, I need to buy some gadgets.’
“Sorry, Sir, your salary cannot support it,” the lady said. I didn’t get the loan when I got home that day. I returned home miserable. Angry. Depressed. I’m 10+ years as a teacher in UNIPORT. My take-home pay is N191,000 and I have a PhD.
“A portion of my partners who are at my compensation scale level in Government Polytechnic, Nekede, Bori Polytechnic, and Waterways State College get somewhere in the range of N230,000 and N250, 000 month to month. That is everything they said to me. N230,000 to N250, 000 month to month is peanuts in this Tinubu’s economy.
“At UNIPORT, a government college, it’s N191,000 month to month! What’s up with UNIPORT? Or on the other hand is it a similar compensation scale in other government colleges in Nigeria?
“I will become a professor in the next six to eight years, by God’s grace, with tenacity and diligence, and my monthly salary will be miserable at N440,000,” I said. Me, I’m worn out sef!”