A Nigerian man has sparked widespread reactions online after sharing a breakdown of his salary progression during his years working with United Bank for Africa (UBA), alongside the pension he now receives in retirement.
The man, identified as @ndukaomeife on X (formerly Twitter), revealed that he joined the bank in 2006, earning a monthly salary of ₦96,000. Just a year later, his pay rose significantly to ₦270,000 in 2007. By 2010, he was earning ₦440,000, and in 2014, his monthly salary had increased to ₦640,000.
Despite what many consider a steady career progression, he disclosed that since retiring, he has been receiving a monthly pension of ₦65,000—a figure that has shocked many, especially given the current economic realities.
Reflecting on his journey, he also shared that his very first job was in 1990 at Prime Masters Limited, where he earned ₦820. The following year, he worked at Jones Emmanuel Promotions, receiving just ₦150 monthly—highlighting how far he had come over the decades.
Using his story as a lesson, he urged others to take retirement planning seriously and be intentional about securing their financial future.
His post has since triggered mixed reactions online. While some users expressed nostalgia over how far the value of money has declined, others pointed out the harsh reality of living on a ₦65,000 pension in today’s economy. Many also noted the widening gap between past earnings and present-day salaries, especially with inflation and currency devaluation.
Overall, the story has reignited conversations about financial planning, pension systems, and the importance of preparing for life after active employment.
