Investogist
No Result
View All Result
Thursday, October 22, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Buys 25% of Kenya Pipeline Company, Pledges $1.5 Billion Expansion

    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    Fake Whisky Factory Busted in Aba as NAFDAC Seizes ₦500m Worth of Equipment

    Fake Whisky Factory Busted in Aba as NAFDAC Seizes ₦500m Worth of Equipment

    Approve N250,000 demand for minimum wage, Labour

    Tinubu Receives UN’s Proposed 2027 Budget as Nigeria Chairs Committee

    Court Adjourns El-Rufai’s ₦8.68bn CCTV Fraud Trial to December 8 as New Lawyers Take Over

    Court Adjourns El-Rufai’s ₦8.68bn CCTV Fraud Trial to December 8 as New Lawyers Take Over

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Container Ship Sinks in Strait of Hormuz; Cause Unclear

    Container Ship Sinks in Strait of Hormuz; Cause Unclear

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Guinness Nigeria Declares ₦7.00 Interim Dividend for 2026

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Buys 25% of Kenya Pipeline Company, Pledges $1.5 Billion Expansion

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Transcorp Hotels Reports N15.54bn Profit After Tax for Q3 2026

    Transcorp Hotels Reports N15.54bn Profit After Tax for Q3 2026

    Container Ship Sinks in Strait of Hormuz; Cause Unclear

    Container Ship Sinks in Strait of Hormuz; Cause Unclear

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Kenyan Court Clears Way for Dangote’s $16 Billion Lamu Refinery

    Shell Confirms Ongoing Exit from South Africa

    Shell Exits Nigeria’s Domestic Gas Distribution, Sells SNG to Vaaris Energy

    Dangote Refinery Extends IPO Deadline to Oct 27

    Dangote Refinery posts $4.7bn nine-month profit, reversing two years of losses

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Buys 25% of Kenya Pipeline Company, Pledges $1.5 Billion Expansion

    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    Fake Whisky Factory Busted in Aba as NAFDAC Seizes ₦500m Worth of Equipment

    Fake Whisky Factory Busted in Aba as NAFDAC Seizes ₦500m Worth of Equipment

    Approve N250,000 demand for minimum wage, Labour

    Tinubu Receives UN’s Proposed 2027 Budget as Nigeria Chairs Committee

    Court Adjourns El-Rufai’s ₦8.68bn CCTV Fraud Trial to December 8 as New Lawyers Take Over

    Court Adjourns El-Rufai’s ₦8.68bn CCTV Fraud Trial to December 8 as New Lawyers Take Over

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Container Ship Sinks in Strait of Hormuz; Cause Unclear

    Container Ship Sinks in Strait of Hormuz; Cause Unclear

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Guinness Nigeria Declares ₦7.00 Interim Dividend for 2026

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Buys 25% of Kenya Pipeline Company, Pledges $1.5 Billion Expansion

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Transcorp Hotels Reports N15.54bn Profit After Tax for Q3 2026

    Transcorp Hotels Reports N15.54bn Profit After Tax for Q3 2026

    Container Ship Sinks in Strait of Hormuz; Cause Unclear

    Container Ship Sinks in Strait of Hormuz; Cause Unclear

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Kenyan Court Clears Way for Dangote’s $16 Billion Lamu Refinery

    Shell Confirms Ongoing Exit from South Africa

    Shell Exits Nigeria’s Domestic Gas Distribution, Sells SNG to Vaaris Energy

    Dangote Refinery Extends IPO Deadline to Oct 27

    Dangote Refinery posts $4.7bn nine-month profit, reversing two years of losses

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

My monthly salary is N942,000, I have no allowances – Ngige

Tuesday, 2 May 2023, 5:16 am
in News, Nigeria
0
FG didn’t take ASUU to court — Ngige
Share Share Share Share Send as Email

The Minister of Labour and Employment, Dr. Chris Ngige, on Monday said that his monthly salary and that of other ministers is N942,000 after taxation.

He also said that ministers do not have allowances except duty allowance when they have to travel for work.

Ngige, disclosed this while speaking on Channels Television’s Politics Today Monday night amid calls for the government to increase the N30,000 national minimum wage.

“My salary is N942,000 a month. My salary with my PA — gross total after tax — my feeding, my transport, the transport of one PA, the salary of my gardener, my cook, they are all consolidated. After heavy taxation, they pay me N942,000.

“Every minister you see, that is what it is; special advisers earn around that amount too. The allowances are not anything, we don’t have any allowances except if you travel. You can get duty tour allowance like every other public officer,” Ngige said.

On the allowance, he further said, “It was reviewed to N100,000 for a minister, and I think ministers of states, N75,000; permanent secretaries, N70,000, and down the line. Level one, everybody else’s own was reviewed, not only our own,” he said.

On the high rate of unemployment which rose to 33.3% in 2021, Ngige argued that job creation was a responsibility of the private sector, not just the public sector.

“The point there is that job creation is a cross-cutting thing; it is not only for the public sector to do,” Ngige said.

“Everybody has it in mind that it is the government that creates jobs: ‘If we don’t work in federal ministry or government agency, we have not got a job.’ No, the private sector is there.”

“It is not something for government alone. And I am telling you now, if the economy is not good, you will not have enough money in the system to ginger the system in such a way that jobs are created. That is the problem; foreign direct investment has gone down,” he added.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • Bola Tinubu
    FG increases Tinubu’s monthly salary to N8.1…
  • Naira 1
    Lagos places 4,000 unemployed graduates on N40,000…
  • States salary map
    States salary survey: Abia State owe workers over 30…
  • Camry-2020-model
    Does the Senate have Moral authority to query SEC's…
Previous Post

Indomie Cancer Scare: NAFDAC to begin random test of noodles in Nigeria

Next Post

Azman Air gets FG’s approval to evacuate Nigerians from Egypt

Next Post
NCAA suspends Azman Air operations

Azman Air gets FG’s approval to evacuate Nigerians from Egypt

Please login to join discussion
  • Trending
  • Comments
  • Latest
China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

List of Active Stockbrokers on NSE: Is Your Stockbroker Active?

Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

Guinness Nigeria Declares ₦7.00 Interim Dividend for 2026

Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

Guinness Nigeria Declares ₦7.00 Interim Dividend for 2026

Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

Dangote Buys 25% of Kenya Pipeline Company, Pledges $1.5 Billion Expansion

Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved