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Petrol Price Vs Minimum Wage In Nigeria Vs US - Politics (2) - Nairaland

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FG To Reduce Petrol Price To ₦130 From ₦145 / Kwankwaso Directs ‘incoming PDP Governor’ Not To Pay N30,000 Minimum Wage In Kan / Workers To Know New Minimum Wage In August, Says TUC (2) (3) (4)

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Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by KingsCity: 12:04pm On Jul 25, 2023
Cost of PMS in Nigeria is not necessarily higher than what it should be but incomes are outrageously low

You got it right

Government ought to have significantly increased salaries same day the removed subsidies.

Removing subsidy without corresponding increases in salaries is simply WICKED
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:06pm On Jul 25, 2023
socialmediaman:


The point here is that transportation cost alone will eat up a minimum wage earner’s salary in Nigeria. That’s the point you should take note of

It is not everywhere. And it is if you drive your own car.

Where I stay t-fare is still fair.
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Zupay: 12:10pm On Jul 25, 2023
Dotherightthing:


Are you earning like a driver/gateman in the UK

Why are you comparing yourself with drivers and gatemen in Nigeria

Nevertheless, these people get tips and have farms and other business concerns which helps them get by. You don't have that luxury in the UK

And 133 million Nigerians are multidimensionally according to FG's official record, about 66% of Nigeria's population or the same Nigeria that about 99.4% of bank account holders have less than N500k (£460) in their accounts?

Even if you are low income earner of £10.50 per hour, u go fit use that £10.50 cook better soup whey u go chop and doze off.

Stop living in denial,

2 Likes

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by socialmediaman: 12:11pm On Jul 25, 2023
Dotherightthing:


The guy in the US will pay tax of at least USD500

He will pay monthly house rent of about USD500

Then what is he left with

That is why he has to live on credit cards

Wrong. The tax rate of someone on minimum wage in the US is about 10% not 45% as you’re insinuating

So if you make $1,160 you pay about $116 in tax. Note that this is just the minimum wage, most companies pay much higher than that. I can say most people earning that low are probably students who are doing their first job in a restaurant or something like that

Don’t forget also that Nigeria has the highest unemployment in the world currently
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Kukutente23: 12:13pm On Jul 25, 2023
Zupay:


50kg bag of is about N45K. which is 22.5% of the guy's salary and about N900 per kilo.

I presently buy that same quality of our Nigerian foreign rice at £1.25 per kilo though they are cheaper option one can buy a kilo of rice for 52pence at Tesco.

Now to afford to buy that same 50kg quantity here in the UK, I need only to work about 5hrs to earn it but it is almost a week's income for the Nigerian guy.
A week's income to buy 50kg bag of rice here in Nigeria? You better don't let them burn you too ashes in the market.
The cheapest you can get a 50kg bag of rice in Nigeria is 34k and that's above the monthly minimum wage.

3 Likes

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:20pm On Jul 25, 2023
socialmediaman:


Wrong. The tax rate of someone on minimum wage in the US is about 10% not 45% as you’re insinuating

So if you make $1,160 you pay about $116 in tax. Note that this is just the minimum wage, most companies pay much higher than that. I can say most people earning that low are probably students who are doing their first job in a restaurant or something like that

Don’t forget also that Nigeria has the highest unemployment in the world currently

You are a liar! Minimum wage in US can NEVER be USD1,160

During the corona era, the highest palliative Trump dished out was USD600 and it was considered much cheesy

Back to my point, after you pay all your insurance bills and mortgages, more than half of your salary is gone! cheesy

The remaining bills will leave you with next to nothing at the end of the month. cheesy

1 Like

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Kukutente23: 12:25pm On Jul 25, 2023
Dotherightthing:


Power issues depend on where you stay in Nigeria

I don't have a generator because I don't need one.

My power bill in a month is 7k at most when the children are on holiday. It is less during school period.

Minimum wage of 30 does not mean the gateman/driver is earning 30k. 30k is the basic salary. These people usually live close to work or at work etc They have a way of mitigating transportation costs.

Where do you live in Nigeria that you don't gen and your power bill is 7k?
Stop the lies abeg
Just to defend rubbish
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by socialmediaman: 12:25pm On Jul 25, 2023
Dotherightthing:


You are a liar! Minimum wage in US can NEVER be USD1,160

During the corona era, the highest palliative Trump dished out was USD600 and it was considered much cheesy

Back to my point, after you pay all your insurance bills and mortgages, more than half of your salary is gone! cheesy

The remaining bills will leave you with next to nothing at the end of the month. cheesy

It’s simple math not rocket science. Minimum wage is $7.25/hr federally but many states have higher minimum wages

If you work 40 hours a week x 4 weeks a month, that’s $1,160

Alternatively, calculate it like 8hrs a day x 20days a month, you still arrive at the same answer
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Kukutente23: 12:26pm On Jul 25, 2023
Dotherightthing:


It is not everywhere. And it is if you drive your own car.

Where I stay t-fare is still fair.
Oga where do you stay
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:26pm On Jul 25, 2023
Zupay:


And 133 million Nigerians are multidimensionally according to FG's official record, about 66% of Nigeria's population or the same Nigeria that about 99.4% of bank account holders have less than N500k (£460) in their accounts?

Even if you are low income earner of £10.50 per hour, u go fit use that £10.50 cook better soup whey u go chop and doze off.

Stop living in denial,

Forget all those nonsense stats.

They don't factor the informal economy.

Go and see the kind of phones cart pushers and other people doing menial jobs are using. These people are being captured as poor.lol. cheesy

During the cash crunch crisis was when I knew ordinary Nigerians have cash in the bank.

See cash queues everywhere. People were even buying cash.

See people carrying sacks of cash of old currency to the bank/CBN when Emefiele said it was no longer legal tender. Omo forget o.
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:27pm On Jul 25, 2023
Kukutente23:

Oga where do you stay

Why do you ask?
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:29pm On Jul 25, 2023
socialmediaman:


It’s simple math not rocket science. Minimum wage is $7.25/hr federally but many states have higher minimum wages

If you work 40 hours a week x 4 weeks a month, that’s $1,160

Okay. But hourly jobs are not fixed. You may not get the 40 hours every week for sure.
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Kukutente23: 12:29pm On Jul 25, 2023
Dotherightthing:


Why do you ask?
Because you're just telling lies
Even Aso rock has a gen. So tell me where you live in Nigeria that you pay 7k light bill and you don't need gen. I'll like to relocate there.
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:30pm On Jul 25, 2023
Kukutente23:

Because you're just telling lies
Even Aso rock has a gen. So tell me where you live in Nigeria that you pay 7k light bill and you don't need gen. I'll like to relocate there.

Honestly, I am not lying. I just don't want to give myself out. sad
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by socialmediaman: 12:30pm On Jul 25, 2023
Dotherightthing:


Okay. But hourly jobs are not fixed. You may not get the 40 hours every week for sure.

What’s the relevance of this caveat? If you don’t get 40hours on the job you get another job. People do multiple jobs all the time

38 - 40hrs is the number of hrs an average person works

2 Likes

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:33pm On Jul 25, 2023
socialmediaman:


What’s the relevance of this caveat? If you don’t get 40hours on the job you get another job. People do multiple jobs all the time

The relevance is that you are not sure of earning that 1,160 per month for sure.

But even if you earn it, you are just okay. Nothing special.
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Kukutente23: 12:33pm On Jul 25, 2023
Dotherightthing:


Honestly, I am not lying. I just don't want to give myself out. sad
You're lying. You're claiming people who do driver jobs have farms. Where? In Lagos or Abuja? Or port Harcourt?
If standard of living in Nigeria is so good, why are people running away from the country?
Do you know how many people have been rendered jobless by this subsidy removal? Mechanics, Gen repairers, transporters are now sitting idle in their shops and garages. Are those not the people in the informal economy?
Yet you're here defending evil with lies
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Zupay: 12:34pm On Jul 25, 2023
Dotherightthing:


Forget all those nonsense stats.

They don't factor the informal economy.

Go and see the kind of phones cart pushers and other people doing menial jobs are using. These people are being captured as poor.lol. cheesy

During the cash crunch crisis was when I knew ordinary Nigerians have cash in the bank.

See cash queues everywhere. People were even buying cash.

See people carrying sacks of cash of old currency to the bank/CBN when Emefiele said it was no longer legal tender. Omo forget o.

Is this not how Tinubu said, shey na statistics we go chop........what is happening now? cheesy cheesy

Which private sector organization has thrived for decades without working with stats? I guess Unilever that recently announced fall in their pre-tax profit because of tough economic situation are rambling?

Guy stop being delusional, abi no be Nigeria we are talking about?
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by socialmediaman: 12:35pm On Jul 25, 2023
Dotherightthing:


The relevance is that you are not sure of earning that 1,160 per month for sure.

But even if you earn it, you are just okay. Nothing special.

Unemployment rate in the US is 3.6% so if you want 40hrs or more, you’ll get it.

2 Likes

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:36pm On Jul 25, 2023
Kukutente23:

You're lying. You're claiming people who do driver jobs have farms. Where? In Lagos or Abuja? Or port Harcourt?
If standard of living in Nigeria is so good, why are people running away from the country?
Do you know how many people have been rendered jobless by this subsidy removal? Mechanics, Gen repairers, transporters are now sitting idle in their shops and garages. Are those not the people in the informal economy?
Yet you're here defending evil with lies

I am not. I stay in the north. Life is easy here.

People will adjust with time. The pains are going to temporary.

Those leaving are just keeping up with the joneses and/or are out to send foreign currency home.

1 Like

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Zupay: 12:38pm On Jul 25, 2023
Dotherightthing:


The relevance is that you are not sure of earning that 1,160 per month for sure.

But even if you earn it, you are just okay. Nothing special.




Is the N30k minimum wage in Nigeria (some are even owed the salary) getting those earning it, a just okay life?
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:38pm On Jul 25, 2023
socialmediaman:


Unemployment rate in the US is 3.6% so if you want 40hrs or more, you’ll get it.

It's unlikely. People(Most citizens) are fed up of working and would rather just collect stipends from the govt.
But then Nigerians are not the only immigrants that can fill in the gap. Mexicans are more likely to take the jobs.

2 Likes

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:39pm On Jul 25, 2023
Zupay:


Is the N30k minimum wage in Nigeria (some are even owed the salary) getting those earning it, a just okay life?

You are talking about the drivers and gatemen right I tell you they are contented and happy with their lives. smiley
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:42pm On Jul 25, 2023
Zupay:


Is this not how Tinubu said, shey na statistics we go chop........what is happening now? cheesy cheesy

Which private sector organization has thrived for decades without working with stats? I guess Unilever that recently announced fall in their pre-tax profit because of tough economic situation are rambling?

Guy stop being delusional, abi no be Nigeria we are talking about?


Those stats are false, I insist.

Most N-power beneficiaries were working elsewhere. The money was just extra allawee for them.

Unilever is just one company. Banks and telcos are still declaring huge profits year in year out cheesy

1 Like

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Kukutente23: 12:45pm On Jul 25, 2023
Dotherightthing:


I am not. I stay in the north. Life is easy here.

People will adjust with time. The pains are going to temporary.

Those leaving are just keeping up with the joneses and/or are out to send foreign currency home.
Where in the North do you stay? You're staying in the North were basic standard facilities and amenities are missing and where almajiris litter the streets and you're arguing nonsense. Do you realise North house the larger percentage of poor in Nigeria?
The north is even worse than anywhere else.

So, the plan is to make people adjust to suffering. What kind of people are we in this country? Why can't they adjust to a better life but to suffering?.

People leave because nothing is certain of getting better in Nigeria. For example, someone earning 500K in January and using a V6 engine will spend an average of 50k on fuel in a month. Now, that same person will spend almost 200k on fuel. Not only that, 500k in January was $1020 but it is mere $625 now.
Is his life getting better or getting worse?
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Kukutente23: 12:47pm On Jul 25, 2023
Dotherightthing:


Those stats are false, I insist.

Most N-power beneficiaries were working elsewhere. The money was just extra allawee for them.

Unilever is just one company. Banks and telcos are still declaring huge profits year in year out cheesy
Most? That's a lie. BVN was used to verify that most n-power were not income earners.
What's going on with Etisalat
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by online4business: 12:48pm On Jul 25, 2023
Zupay and Kukutente23 why na you should stop replying.

You can't put a ring on a pig na him go dirty your body hummmm.

This are people who foisted a failure on the country.

Na WA for you... You can't save this people they are hell bent on being Right.


Oremi Enya opani obongonwo mutumina (aka my friend)

Leave pig for gutter ooo before them rub you for portor Porto.
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 12:55pm On Jul 25, 2023
Kukutente23:

Most? That's a lie. BVN was used to verify that most n-power were not income earners.
What's going on with Etisalat

If not most, a very good number. Etisalat has always had issues.

1 Like

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Dotherightthing: 1:00pm On Jul 25, 2023
Kukutente23:

Where in the North do you stay? You're staying in the North were basic standard facilities and amenities are missing and where almajiris litter the streets and you're arguing nonsense. Do you realise North house the larger percentage of poor in Nigeria?
The north is even worse than anywhere else.

So, the plan is to make people adjust to suffering. What kind of people are we in this country? Why can't they adjust to a better life but to suffering?.

People leave because nothing is certain of getting better in Nigeria. For example, someone earning 500K in January and using a V6 engine will spend an average of 50k on fuel in a month. Now, that same person will spend almost 200k on fuel. Not only that, 500k in January was $1020 but it is mere $625 now.
Is his life getting better or getting worse?

Stop saying what you don't know.

North is okay depending on where you stay. I don't have a generator. The roads are okay.

Currently, I do 9k per week on fuel.

Price of stuffs have not really gone up.

The current hardship is just for a shortwhile. Very soon, we shall start enjoying the benefits of these policies.

1 Like

Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by Kukutente23: 1:09pm On Jul 25, 2023
Dotherightthing:


Stop saying what you don't know.

North is okay depending on where you stay. I don't have a generator. The roads are okay.

Currently, I do 9k per week on fuel.

Price of stuffs have not really gone up.

The current hardship is just for a shortwhile. Very soon, we shall start enjoying the benefits of these policies.
The same north that has over 10m children out of school?
That's why I'm asking where you stay so I can burst your lie.
9k is just about 12litres now which is less than one third of a 60L tank. What kind of car are you using and where are your driving to that you use just around 12litres of fuel in a whole week. Lie will not kill you o.
When is the soon? Can you give a period to look forward to and what are the benefits to expect?
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by KingDash09(m): 1:16pm On Jul 25, 2023
One country is advanced
The other is a shittown


Go figure
Re: Petrol Price Vs Minimum Wage In Nigeria Vs US by OneCandleAway(f): 1:18pm On Jul 25, 2023
Dotherightthing:


I am not. I stay in the north. Life is easy here.

People will adjust with time. The pains are going to temporary.

Those leaving are just keeping up with the joneses and/or are out to send foreign currency home.

Life is easy for you in the north. Not same for majority poor ones. You're just thinking of yourself not others. It's until the almajiri become robbers or terrorists and come to meet you that's when you'll understand that you also have to improve the standard of living of those around you and not just yourself

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