‘Nigerian University Professor Now Earns 10% of What He Earned 14 Years Ago’- Obi
The Labour Party presidential candidate in the 2023 general election, Mr Peter Obi, on Thursday, decried the poor working conditions of university lecturers in the country.
Speaking via his X handle, the former Anambra State governor wondered why a university lecturer who has reached the peak of his academic career would want to lobby for a Special Adviser to a candidate contesting for the House of Representatives if he wins.
Obi, gave an account of his 14- year Professor friend who had pleaded he speak to Hon Dennis Agbo on his behalf so he could be considered for a Special Adviser post.
He wrote, “While in Nsukka, I met one of those brilliant fellows I knew while I was a student at the University of Nigeria, Nsukka, in the 80s.
“The fellow graduated with a first class and became a lecturer in the institution. When I later visited the University as the then Governor of Anambra State, he proudly announced to me that he was already a professor and I rejoiced with him.
“I met him again in Nsukka on Wednesday, but our exchange of pleasantries resulted in very pathetic tales about his general welfare. I noticed in his look and mien that all his happiness of being a professor had vanished.
“He broke my heart when he requested that I put in words for him so that Hon Dennis Agbo can appoint him as Special Adviser when he wins.
“The reason for the bizarre request that shocked me was that he would earn more and receive more perks as an SA than as a Professor. Touched by this and applying my finance background I decided to do some comparative analysis.
“By January 31, 2010, the salary of a Nigerian University Professor was about N400,000. With the then prevalent exchange rate of N150.10 per dollar, the salary amounted to about $2665.
“Fourteen years later, on January 31, 2024, the salary of a University Professor remains about N400,000. With the prevailing exchange rate of N1,510 per dollar, the same salary now amounts to about $265.
“So after putting in 14 years of hard work, having attained the zenith of his academic career, a Nigerian University Professor now earns 10% of what he earned 14 years ago – this is only possible in Nigeria,”.
Obi maintained that the country requires a committed workforce in the education sector considering its critical role in the development of a nation but questioned how it could get such when the earnings of the country’s professors were going backward relatively.
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