"My Salary Is N191,000": UNIPORT Lecturer with over 10 Years Experience Cries over N5m Loan Refusal

"My Salary Is N191,000": UNIPORT Lecturer with over 10 Years Experience Cries over N5m Loan Refusal

  • A Nigerian lecturer has cried out online after he was denied a N5 million loan at a bank due to his low salary income
  • The heartbroken man expressed his frustration and disappointment at his predicament while narrating his ordeal at the bank
  • Speaking further, he highlighted the high disparity in his salary compared to that of lecturers in other institutions

A lecturer identified as Mazi Eze from the Department of English, University of Port Harcourt, has narrated how he was denied a N5 million loan at the bank.

Mazi Eze also seized the opportunity to shed light on the disappointment faced by some of the lecturers in his institution of practice.

UNIPORT lecturer laments after he was denied N5 million loan
UNIPORT lecturer with over 10 years of experience cries out Photo credit: Franklin Ede, PUNCH/ Facebook.
Source: Facebook

Lecturer in pain over poor salary

He sadly revealed that he was denied a N5 million loan at a bank due to his monthly salary of N191,000, PUNCH reports.

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“I got insulted”: UNIPORT lecturer narrates how bank denied him N5 million loan due to poor salary

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Mazi said he had gone to First Bank, Choba, to seek a loan but he was disappointed when his account officer told him that his salary was not enough to qualify for the loan he requested.

According to him, he needed the loan to help enhance his public speaking academy limited and to acquire social media gadgets.

Eze compared his poor salary of N191,000 to his counterparts in other universities who receive monthly incomes ranging from N230,000 to N250,000.

In his words:

“Yesterday, I got insulted big time! By my UNIPORT salary! I went to my bank, First Bank, Choba to borrow N5 million. My account officer, a jolly good lady, said, ‘We cannot give you up to that amount as a loan.’ ‘Why?’ I asked. ‘Your salary cannot carry it. Wait, let me see.’

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"She clicked away at her desktop computer and said, ‘Your salary is N191,000. We can only give you 1. something million repayable within three years.’ I shook my head and replied, ‘I don’t need 1. something million.
"What I need is N5 million. I need to fully equip my Public Speaking Academy Limited. I need to buy some gadgets for my social media engagements.’ The lady said, ‘Sorry Sir, your salary cannot carry it.’ That day, I went home without getting the loan. I went home sad. Angry. Depressed.
"I have 10+ years as a lecturer in UNIPORT. I have a PhD And my take-home pay is N191,000. Some of my colleagues who are at my salary scale level at Federal Polytechnic, Nekede, Bori Polytechnic, and Rivers State University receive between N230,000 and N250,000 monthly. That’s what they told me. N230,000 to N250,000 monthly is peanuts in this Tinubu’s economy. At UNIPORT, a federal university, it’s N191,000 monthly! What’s wrong with UNIPORT?

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'Or is it the same salary scale in other federal universities in Nigeria? In the next six to eight years, by God’s grace and through determination and diligence, I’ll become a professor, and my salary will be a miserable N440,000 monthly. Me, I’m tired of it!.”

Reactions as UNIPORT lecturer cries out online

Legit.ng compiled some of the reactions below.

Mohammed Isaiah said:

"He can only get 2 million naira."

Olumide Obafemi reacted:

"Hmmm, grace of the living dead is to fight the death aimed at killing us."

Ananwo Gabriel reacted:

"Politicians are the ones that is enjoying themselves in our country."

Alioka Matthew said:

"This is why salary income is called a slave income. It's also reason I am happy I am not employed."

Mayday Chibuike said:

"Better. Let the world see this."

Lecturer rubbishes student's project work

Meanwhile, Legit.ng previously reported that a shocking TikTok video captured the moment a university lecturer dismissed a student’s hard work on a final year project chapter. The supervisor appeared to be in a sad mood and did not give any constructive feedback or praise to the student.

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He simply crossed out each page with a red pen without examining them properly. Many sympathetic netizens commented on the video and offered some advice to the student.

They suggested that the student should not give up and resubmit the same chapter on a different day when the tutor might be more receptive and friendly.

Source: Legit.ng

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