Leading opposition figure, Peter Obi has decried the poor remuneration of university lecturers in the country.
Obi recounted how a former university coursemate turned professor lobbied to become a Special Adviser to a federal lawmaker for better pay.
The 2023 presidential candidate of Labour Party (LP) spoke through a statement shared on his official X page on Thursday.
Obi said he met the former coursemate during a Wednesday visit to Nsukka in Enugu, which hosts the University of Nigeria (UNN).
“My mission in Nsukka was for two important events. First, was to visit and assess a dilapidated health center, and second, to campaign for one of the federal legislators, Hon Dennis Agbo, contesting to represent Udenu/Igbo Eze North Federal Constituency in the forthcoming bye-election on Saturday.
“I believe this legislator is committed to the good of his people. But 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 began his story by telling me that he felt like he wasted all his years lecturing. He dragged his pitiful story into his current remuneration as a professor.
“According to him, his salary as of January 31, 2010, which is 14 years ago remains the same to date, having reached the pinnacle of his career.
“The only significant difference is that while the money was worth something in 2010, today the same amount is worth nothing.
“The Professor recalled how he was able to buy a Toyota Corolla from his savings, something that is not possible again today.
“I asked for his salary today, he said about N400,000. 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.”
Obi said a comparative analysis he did turn up some startling discoveries.
“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,” the former Anambra governor said.
Obi warned that this situation, if not addressed, could scare the best brains away from academia.
“Considering the critical role education plays in the development of a nation, and the low human development index, HDI, we are currently at, we require as many hands and a committed workforce as we can get in that sector.
“But can we get such, when the earnings of our professors are going backward relatively? Sadly, we are in the same country where the government can use an amount enough to buy 3 Toyota Corollas, to buy personal SUVs for the legislators, whose annual earnings amount to several times that of the university professor and can now afford to pay the professor more than he can earn from lecturing in a premier university in Nigeria.
“How does one then remain earnestly committed to contributing to the critical development of the nation?” he said.