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Nairaland Forum / Nairaland / General / Politics / New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly (20330 Views)
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Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by bilulu(m): 8:48am On Jan 09, 2019 |
post=74582894:This your analysis shows that you only choose to be a zombie because this is the best you have written since you were zombified. It's shows we all truly know the solution to Nigeria's problem but we choose to look the other way because of party affiliation |
Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by themanderon: 8:50am On Jan 09, 2019 |
And the crazy Nlc acceded to the federal governments plan without knowing its a ploy to buy more time. Confirms the saying that Nigeria has a high concentration of stupid people. |
Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by Thomthom(m): 9:30am On Jan 09, 2019 |
amuijiji:
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Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by Thomthom(m): 9:33am On Jan 09, 2019 |
Teacher1776:Story Story.... With the billions of naira they waste no inflation abi.. na 30k minimum wage go cause inflation mtcheeew
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Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by Thomthom(m): 9:35am On Jan 09, 2019 |
Why 23,, labour self |
Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by precious1967(m): 9:37am On Jan 09, 2019 |
I do not blame the FG if not useless nlc executives who can bark but cannot bite |
Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by Meritocracy: 10:17am On Jan 09, 2019 |
Teacher1776: As far as no inflation when politicians are collecting millions there won't be inflation because of 30k, meanwhile there is already an inflation and salary increment is long overdue. 1 Like |
Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by xpool(m): 3:08pm On Jan 09, 2019 |
post=74583086:"Proverbs 29:2 "When the righteous are in authority, the people rejoice: but when the wicked beareth rule, the people mourn." KJV Study Bible https://play.google.com/store/apps/details?id=kjv.study.bible |
Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by Teacher1776(m): 5:03pm On Jan 10, 2019 |
Meritocracy:30k is proposed the minimum wage. That is around 60% increase on what the government currently pays as wage. The present situation has the recurrent expenditure which outweighs the capital expenditure. In a strong economy, such an increase will not pose any significant negative effect on the economy. But in the Nigerian situation, once the salary is increased, the immediate action is to devalue the currency to pay out valueless currency. Of what significance is the increase if naira suddenly begins to exchange at 500 to a dollar? On the other hand, if the naira currently exchanges at say 150 to a dollar, 18k minimum wage would even be more valuable than 30k at this current rate of 370 to a dollar. The nigerian workers certainly deserve the best wages. But it must go hand in hand with a currency that has real value. |
Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by Teacher1776(m): 5:08pm On Jan 10, 2019 |
JeogahII:this is my point- 30k is the proposed minimum wage. That is around 60% increase on what the government currently pays as wage. The present situation has the recurrent expenditure which outweighs the capital expenditure. In a strong economy, such an increase will not pose any significant negative effect on the economy. But in the Nigerian situation, once the salary is increased, the immediate action is to devalue the currency to pay out valueless currency. Of what significance is the increase if naira suddenly begins to exchange at 500 to a dollar? On the other hand, if the naira currently exchanges at say 150 to a dollar, 18k minimum wage would even be more valuable than 30k at this current rate of 370 to a dollar. The nigerian workers certainly deserve the best wages. But it must go hand in hand with a currency that has real value. |
Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by JeogahII(m): 8:46am On Jan 11, 2019 |
Teacher1776:I get your point partially. But currently naira is not far from the 500 exchange rate which according to you could be the worst nightmare for the country if the minimum wage is increased. Now I ask you should the workers continue to be paid 18k with dollar at 370 or the should be paid 30k with the dollar at 500 (that's if your assertion is true) which will benefit the Nigeria Workers? |
Re: New Minimum Wage: FG Sets Date For Transmission Of Bill To National Assembly by deltateam: 5:25pm On May 01, 2022 |
chiomadichie: Nothing good comes easy. Who will feed them in that life sentence? Ask to know why Dubai, China etc are prospering. Zero tolerance for thieving politicians. |
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