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₦150 or ₦150,000?: Osun Lecturer Collapses In Bank After Account Was Short-Credited

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<b>OSOGBO, NIGERIA - A lecturer in a tertiary institution in Osun State (name withheld), on Thursday, collapsed inside a bank located within the institution's premises following a discrepancy in his salary.</b></div>
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Witnesses said the lecturer fainted after discovering that his account had only been credited with ₦150 by the state government as 50 percent of his February salary instead of ₦150,000. </div>
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The lecturer, who is a post-graduate student at the Federal University of Technology, Akure (FUTA), according to a witness, lamented, after being resuscitated by the bank's officials, that the money paid by the government into his account could not even transport him to Akure, where he was billed to write an examination.</div>
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The man, it was gathered, also disclosed that he had some outstanding fees to pay at the university which he had proposed to pay with the expected salary. </div>
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As of the time of this report, he was said to be in a private hospital in Osogbo where his blood pressure, which had increased as a result of the shocking discovery in his account, was being managed. </div>
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Staff members of four tertiary institutions in the state - Osun State College of Technology, Esa-Oke; Osun State Polytechnic, Iree and colleges of education in Ilesa and Ila-Oragun - have expressed concern over alleged discrepancies in the payment of their salaries since November 2014.</div>
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A lecturer in the Department of Accounting in one of the schools (name withheld) lamented that his gross salary and net pay were ₦210,000 and ₦140,000, respectively, but he only received the sum of ₦260 as his February salary.</div>
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A management staff of the institution, whose salary is about ₦400,000, was also said to have received ₦12,000 for the same month.</div>
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Many teaching and non-teaching staff members of the institutions have criticised the state government for what they called the abnormalities being witnessed in the payment of their outstanding salaries.</div>
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It was also alleged that monies deducted by the state government from workers' salaries for the purpose of schemes like the cooperative society had not been remitted since August 2014.</div>
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When <b><a href="http://www.tribuneonlineng.com/osun-lecturer-finds-n150-february-salary-account-collapses-bank">Tribune</a></b> visited the institutions on Friday, the gates were locked by workers who were protesting the development.</div>
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A worker at one of the institutions told <i>Saturday Tribune</i> that he collected the sum of ₦30,000 in December, ₦58,000 in January, while he received ₦125 as his take-home for the month of February.</div>
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He said fuelling his car from Ilesa to Esa-Oke had become a problem, just as he had been unable to collect his children's report sheets from a private school in Ilesa because he could not pay their tuition. </div>
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The Public Relations Officer of the Academic Staff Union of state-owned institutions, and ASUP chairman of the state Polytechnic, Iree, Mr Dotun Omisore, in an interview with <i>Saturday Tribune </i>confirmed the ordeal of the lecturer who fainted and also condemned the "abnormalities and irregularities" in the payment of salaries of workers, saying that "we will not call off our strike until all our salaries and deductions" are paid by the state government. </div>
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Omisore warned that the deduction of workers' contributions to the contributory pension scheme by the state government since about 36 months ago allegedly without remittance to the pension managers must also stop.</div>
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"If they cannot account for the one they have deducted, they should stop further deductions. Our pension is our hope and future. After 30 or 35 years in service, what are we expected to collect if the government is not remitting it?"</div>
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Omisore, however, disclosed that the Chief of Staff to the Governor, Mr Gboyega Oyetola, had invited labour leaders in the institutions to a meeting this weekend to discuss the 'abnormality" in the payment of salaries.</div>
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₦150 or ₦150,000?: Osun Lecturer Collapses In Bank After Account Was Short-Credited

OSOGBO, NIGERIA - A lecturer in a tertiary institution in Osun State (name withheld), on Thursday, collapsed inside a bank located with...

[BREAKING]: Buhari Approves ₦400Bn To Settle Outstanding Salaries

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<b>ABUJA, NIGERIA - President Muhammadu Buhari has approved a comprehensive relief package valued at over ₦400bn to put an end to the lingering crisis of unpaid workers’ salaries in the country.</b></div>
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<i><b><a href="http://www.vanguardngr.com/2015/07/buhari-approves-n400bn-for-workers-salaries/" target="_blank">Vanguard</a> </b></i>gathered that a three-pronged relief package that will end the workers plight include:</div>
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<li>The sharing of about $2.1b (₦413.7bn) in fresh allocation between the states and the federal government. The money is sourced from recent LNG proceeds to the federation account, and its release okayed by the president;</li>
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<li>A Central Bank-packaged special intervention fund that will offer financing to the states, ranging from between ₦250bn to ₦300bn. This would be a soft loan available to states to access for the purposes of paying backlog of salaries;</li>
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<li>And a debt relief program proposed by the Debt Management Office, DMO, which will help states restructure their commercial loans currently put at over ₦660bn, and extend the life span of such loans while reducing their debt-servicing expenditures.</li>
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Details later.</div>
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[BREAKING]: Buhari Approves ₦400Bn To Settle Outstanding Salaries

ABUJA, NIGERIA - President Muhammadu Buhari has approved a comprehensive relief package valued at over ₦400bn to put an end to the ling...

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₦150 or ₦150,000?: Osun Lecturer Collapses In Bank After Account Was Short-Credited

[BREAKING]: Buhari Approves ₦400Bn To Settle Outstanding Salaries

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