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Nairaland Forum / Nairaland / General / Politics / Minimum Wage Above N22,500 Will Lead To Inflation, Says Group (21233 Views)
Don't Accept Minimum Wage Above ₦50k - Seun Osewa Tells Tinubu / Salary Rise For Workers Likely Over Inflation, Says FG / Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC (2) (3) (4)
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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by tunize(m): 11:04pm On Nov 03, 2018 |
This country is too comic......now labour force are demanding for increament now, all what we are hearing is grammar. Those so called executive starting from federal down to state level that are receiving all sort of silly allowance upanda nor cause inflation abi? This group must be crazy because bag of rice na is 20k. |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Nobody: 11:15pm On Nov 03, 2018 |
The first step should be to slash & cut down totally the cost of maintaining our law makers which is a great burden on tax payers... Which kind people dey run this country sef They no even want make the common man breath free air |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by jollyjarkofgod: 12:02am On Nov 04, 2018 |
Senators salary will not cause inflation? |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by themanderon: 12:09am On Nov 04, 2018 |
Please can you imagine what this groundnut civil society group is saying? Paying workers more than that amount will lead to inflation but people like Gandollers and other thieving political crooks have been stealing and cornering money meant for projects yet we have not experienced any type of inflation since. Rubbish asslicking slobs. |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by bantudra: 12:39am On Nov 04, 2018 |
you people shouldnt back down...dont let go of their balls....squeez harder even if they faint.... what labour demanded is payeble if they reduce theirs.... it can not be that everthing else is going up,but salaries is not going up too.... |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Mafulul(m): 1:10am On Nov 04, 2018 |
ManirBK:Political office holders salary did not lead to inflation, but civil servants peanuts would? |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by fortunejum: 5:38am On Nov 04, 2018 |
acenazt:Story. When have you seen the prices of commodities come now in Nigeria? Let me tell you if govs are ready to forsake their corrupt minds, they can pay the 30k. I keep on saying, there is no governor that is in office for 4 good years without being a billionaire. Where do they get the money?. 1 Like |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Nobody: 5:41am On Nov 04, 2018 |
davodyguy:Only sound economist like yourself will understand right? When the economy nosedived and Nigeria entered a painful recession that the effect is still visible in terms of general prices. Sound economist like you no show face o... Now tell me a bag of rice is 18k or more than minimum wage is 18k use your head is a responsible goverment not suppose to find a way to increase the purchasing power of Nigerians. A group of economic managers that have failed to effectively drag Nigerians out of the challenges of an economy in recession you say should not increase the minimum wage of a country with one of the least payed work force in the world? If you can't control prices that is continuously skyrocketing. Why not place more cash in the hands of the populace to prepare them for the fight ahead. |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by fortunejum: 5:48am On Nov 04, 2018 |
acenazt:Story. When have you seen the prices of commodities come now in Nigeria? Let me tell you if govs are ready to forsake their corrupt minds, they can pay the 30k. I keep on saying, there is no governor that is in office for 4 good years without being a billionaire. Where do they get the money?. I think federal government committee and labour must have looked into all this before they agreed on the 30k. There must be a way out. 1 Like |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Sawblade: 5:53am On Nov 04, 2018 |
ManirBK:so, 38million that lawmakers are collecting does not cause inflation . Masses enemy 1 Like |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Kolabalogun(m): 6:06am On Nov 04, 2018 |
but seriously I'm highly disappointed. why is it that whenever the NLC is asking for an increment then inflation saga always become the song. please let us be realistic. If it were to be that of one of the arms of government, we won't be hearing all this. Mind you, truly state government ain't paying as per the recent issues around but ain't this top people getting paid. and if I may ask, the work burden of this country falls on who so what's the problem..I don't really understand what is wrong with this nation |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by bigpsalm07: 6:46am On Nov 04, 2018 |
acenazt: I concur 1 Like |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Amadioha01(m): 7:12am On Nov 04, 2018 |
Ategberoson: If you understood how the economy worked, you wouldn't type this thing. The increament will make no sense if it will cause an inflation. Your 30k minimum wage could worth 10k 1 Like |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by bumtit: 7:48am On Nov 04, 2018 |
Why are this people so daft like this, saying #1000 to feed a family per day will cause inflation in the country is rubbish, Is it deflation the outrageous figures our senators earn causing the nation, they earn the best pay in the world and workers wages one of the worst pay in the world. You see them shouting so so so amount will cause inflation and begging to avert strike for the sake of this nation but never for once address what this political class earn... Imagine a graduate that cannot earn #40000 in a month while just a councillor earn over #250000 monthly and the wife #50000 monthly in this our country... I pity this our country and all so called leaders calling on the labour leaders to accept the #22500 proposal. When they say burden of salary payment lies on the state government, so what are they doing with the monthly allocation. God bless my state... God bless my country, NIGERIA. |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by MossLuv: 8:20am On Nov 04, 2018 |
What nigeria need is to revert the foolishness of Buhari by reverting the price of fuel back to N87 or less. the price of things will come down and people will be comfortable |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by bumtit: 8:30am On Nov 04, 2018 |
You that understands how the economy works, pls tell us why the jumbo salaries and entitlements of the politicians have not been causing inflation but the 30k demand of labour will cause inflation... If you understood how the economy worked, you wouldn't type this thing. The increament will make no sense if it will cause an inflation. Your 30k minimum wage could worth 10k[/quote] |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by ashbee1: 8:45am On Nov 04, 2018 |
Grossly reduce salaries and other entitlement of all House of Rep Members, Senate and other executive arm of Government please. They should be paid based on achievements. |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by askformanifesto: 9:58am On Nov 04, 2018 |
ManirBK:but why have this people call politicians decided to play with the lives of Nigerian workers.for just 30k they are complaining what about 13B ikoyi money. 1 Like |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Flowerchildoct3(m): 11:24am On Nov 04, 2018 |
A situation whereby people in power refuse to reduce their salary definitely, there's no way we citizens of this country can live without inflation and federal government too should realize the consequence of NLC strike and how it can affect our country particular our economy. |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Wizklynd23(m): 1:33pm On Nov 04, 2018 |
Wow am learning alot . |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by nkemjacob2(m): 2:00pm On Nov 04, 2018 |
rottennaija:is d increase in the minimum wage, will it cos inflation |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by rottennaija(m): 6:10pm On Nov 04, 2018 |
nkemjacob2: Already, there is inflation, so how can you cause what it already there. inflation in Nigeria stands at 11.28 percent in September. What that means is that every year, if the inflation stands at that rate, prices if goods and services will increase by 11.28%. This means if an item was 100 naira last year, next year, it will be 111.28 (about that price) or as it is done by most people, the price will stay same by the quantity or quality will reduce to the current price. I must admit, there has been a steady decline on inflation rate, but to get to where we are going is still a far cry, it will take a serious sustained effort by the govt and can take up to 10 years from now. Inflation is always going to be there. Increase in minimum wage is a way to assist the masses as each year, the purchasing power of the naira reduces. Bottom line, don't mind those people and don't always believe the govt. They main work is to deceive the masses in what is called propaganda. |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Babysho(m): 9:52pm On Nov 04, 2018 |
Luminary1: Look up presidential aspirant, Sowore. This man is actually making sense but Nigerians, Lord forgive them. They're so blind! |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Babysho(m): 9:53pm On Nov 04, 2018 |
ManirBK: Vote Sowore |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Amadioha01(m): 7:47am On Nov 05, 2018 |
bumtit: 30k amongst millions versus millions of naira amongst a very few. Not supporting corruption in anyway, but there is a difference betweentheir spending power. Have you thought about the employers and small business owners? Where would they get the money to pay their workers . |
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Amadioha01(m): 7:48am On Nov 05, 2018 |
bumtit: 30k amongst millions versus millions of naira amongst a very few. Not supporting corruption in anyway, but there is a difference betweentheir spending power. Have you thought about the employers and small business owners? Where would they get the money to pay their workers ? |
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