UNIPORT Lecturer's Loan Request Denied Over Insufficient Salary
A lecturer from the University of Port Harcourt (UNIPORT) has publicly expressed his distress after a bank manager rejected his loan application due to his low salary. The incident, which has gone viral on social media, underscores the financial challenges faced by many academics in Nigeria's federal universities.
Emotional Outcry Over Bank's Decision
Dr. Mazi Eze, a lecturer in the Department of English at UNIPORT, shared his experience in a TikTok video that has since garnered widespread attention. He recounted visiting a bank to apply for a loan, only to be told by the manager that his request could not be approved because his salary was deemed insufficient.
In the video, Dr. Eze stated, "I am a lecturer, Department of English. I just went to obtain a loan and the bank manager tells me she cannot because my salary is a miserable 191,000." He emphasized that this amount, which he labeled as "miserable," was the primary reason for the rejection, sparking a broader conversation about the adequacy of academic compensation in the country.
Future Prospects and Salary Concerns
Dr. Eze further elaborated on the salary structure for professors, noting that even with career advancement, the financial outlook remains bleak. He explained, "And in the next 6 to 8 years, I will be a professor, and my salary will not be up to 500,000." He claimed that the salary for a professor at federal universities, such as UNIPORT, University of Lagos (UNILAG), and Federal University of Technology, Owerri (FUTO), typically ranges around 430,000 naira, which is still below the 500,000 naira mark.
To support his claims, Dr. Eze urged the public to fact-check the information online, stating, "Fact-check me, this thing I’m talking about, I am not lying, it's there on the internet. Just Google salary of a federal university professor." He clarified that his remarks specifically pertain to federal universities, excluding state, faith-based, and private institutions where pay scales may differ.
Broader Implications for Nigerian Academics
This incident has resonated with many in the academic community, highlighting systemic issues related to low salaries and financial instability among lecturers. Dr. Eze's emotional response reflects the frustration of educators who dedicate years to teaching and research, yet struggle to secure basic financial services like loans.
The viral video has prompted discussions on social media about the need for improved remuneration and support for university staff. It also draws parallels to other recent cases, such as a former Covenant University lecturer who shared his salary details online, revealing similar concerns about academic pay in Nigeria.
Context and Related Stories
In a related development, a Nigerian man raised questions after a former lecturer at Covenant University disclosed his 2024 salary, which attracted significant attention from social media users. Additionally, another individual claiming to be a former assistant lecturer at the same university shared details of his work experience and salary progression, noting that his initial take-home pay was less than 100,000 naira before increasing with further qualifications and experience.
These stories collectively shed light on the financial realities faced by academics across various Nigerian universities, fueling calls for policy reforms and better funding for the education sector.



