NewStats: 3,262,863 , 8,178,401 topics. Date: Tuesday, 03 June 2025 at 08:40 PM 5m1c5

A lecturer at the Department of English, University of Port Harcourt, Mazi Eze, has shared his frustration after being denied a N5 million loan due to his monthly salary of N191,000.

Narrating his experience in a post on his Facebook page on Thursday, Eze recalled his visit to First Bank, Choba, where he sought a loan to enhance his Public Speaking Academy Limited and acquire social media gadgets but was told by his officer that his salary was not enough for the loan he demanded.

Eze expressed disappointment over the challenges faced by academic staff at the institution, highlighting the significant salary gap compared to counterparts in other universities who reportedly receive monthly incomes ranging from N230,000 to N250,000..

He wrote, “Yesterday, I got insulted big time! By my UNIPORT salary!

“I went to my bank, First Bank, Choba to borrow N5 million. My 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.’ 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’m 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 in 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? 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 sef!”

https://punchng.com/uniport-lecturer-denied-n5m-loan-due-to-poor-salary/?amp

Make them deny you



And they’ll keep denying every rivers man any opportunity at federal level



Since we all can’t come together and agitate for our own country as rivers men



Jamaica is just 4million people



But rivers alone is over 10million



Let’s get our own country with our sister state Bayesla and see how we would live large like Dubai

Chai! This one may see finish o.

I’ll become a professor, and my salary will be a miserable N440,000 monthly. Me, I’m tired sef!”

Nigerian professors are not adding any value to the nation.

The ones at the medical field, ordinary vaccine for malaria, they can't produce yet they're the loudest.

The ones at Mechanical engineering can't even change their car oil without the help of a roadside mechanic.

Na only to sell textbooks, speak big big grammar and rig elections for politicians dem sabi. Nonsense!

Very true.
With that amount of salary, one can only get less than 2 mil loan from FBN.
It's unfortunate..

Nigeria na funny country

vanitybutiwanti:
you always write like an illiterate

I write like an illiterate because i want out of a failed contraption called Nigeria



I write like an illiterate because i want the betterment of rivers people



You Yorubas claim your region is the economic hub of Africa



Y’all claim you’ve richly blessed with natural resources



Y’all claim Lagos is the Dubai of Africa and has the highest GDP to last y’all for decades



Won’t it be a thing of joy to watch other regions leave so una fit enjoy una blessings and resources alone?



Why do you all panic at the mention of disintegration?



Why do y’all beg for unity?



Why are you all always scared of staying on your own as a country?



What good has the Nigeria population done to her citizens

You are collecting 191k as salary and you want to collect 5m loan?

Shey u, u go gree loan yourself?

Arobaga:
Make them deny you



And they’ll keep denying every rivers man any opportunity at state and federal level



Since we all can’t come together and agitate for our own country as rivers men



Jamaica is just 4million people



But rivers alone is over 10million



Let’s get our own country with our sister state Bayesla and see how we would live large like Dubai

you always write like an illiterate

Funny enough Tinubus propaganda government announced increment in university salaries by 35% to take effect from jan 2023. Up till now it has not been implemented. Same with the audio wage award. But there would be money for private trip to paris.
They have started the noise again with new minimum wage. Noise making government. Who never pay wage award one increase minimum wage... Clowns
Tinubu is just noise and little action. God help Nigerian workers

Lol...

The reality of the times

Civil servants dey try for this austerity era

E no easy at all

Nigerians on X should raise the money for him.

Aaaaah na our mazi dey make news like this oOoOOh.

Department of linguistics and communication studies

When I dey uni,I dey think say this ppl dey earn big money ooo

Very sad.

Some hookup girls make more than #191K in a week.

Nigeria is FINISHED.

His officer, did him a favour......... A loan he might default on, then he starts blaming his enemies.......

Very pitiable situation.


We are a CAC accredited registration agents for business, company and annual returns. Let's file your annual returns now...

PhD and 191k salary. Too poor

Seems nigeria doesn't favour hard work anymore

Can't blame the bank...!

You can't be deemed creditworthy on that pittance of a salary, which is quite shocking for a senior lecturer.

Arobaga:
Make them deny you



And they’ll keep denying every rivers man any opportunity at federal level



Since we all can’t come together and agitate for our own country as rivers men



Jamaica is just 4million people



But rivers alone is over 10million



Let’s get our own country with our sister state Bayesla and see how we would live large like Dubai

when we have Rivers as a country, that is when the Ijaws will start clamouring for Ijaw country, Ikwerre will not agree, Ndoni will reject it and the Etche's will say no, then we will Divide again along ethnic lines at that point the Ijaws will say look i am Okirika you are Kalabari, you are Degema you are Opobo infact let us divide and then we divide again....until every kindred becomes a country

I don't get?

If he is paid by IPPIS the salary across universities is uniform.

The figure he quoted is his net salary which will vary with individual.

Uniport will come for him for this social media chatter ....

Sins of the great grand father

Zonefree:

Nigerian professors are not adding any value to the nation.

The ones at the medical field, ordinary vaccine for malaria, they can't produce yet they're the loudest.

The ones at Mechanical engineering can't even change their car oil without the help of a roadside mechanic.

Na only to sell textbooks, speak big big grammar and rig elections for politicians dem sabi. Nonsense!

It is terrible..No sympathy given to the 191 lecturer..

You can't become rich with salary.

On a normal, a PhD holder should know how to create wealth...But in Africa it is targeted for pay rise..

A PhD holder in English should have a school and lesson centers scattered in PH. English teachers are needed every now and then.

There are other small small business he can do to earn from profits rather salary.

For someone who has taught for 10years if na business man, 5M will be his detty December doings.

Namaster:
Some hookup girls make more than #191K in a week.

Nigeria is FINISHED.

Can hookup boost GDP? See what somebody is talking o.

So i earn more than a university lecturer with 10yrs experience? I ve barely 7yrs experience in customer service in a bank, and i am not even a full staff.
This country is not supposed to still be existing

Arobaga:
Make them deny you



And they’ll keep denying every rivers man any opportunity at federal level

Since we all can’t come together and agitate for our own country as rivers men

Jamaica is just 4million people

But rivers alone is over 10million

Let’s get our own country with our sister
state Bayesla and see how we would live large like Dubai