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Nairaland Forum / Nairaland / General / Politics / FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden (13585 Views)
Labour Submits N615,000 Minimum Wage Demand In Fresh Proposal / Tinubu Approves ₦35,000 Wage Award To Civil Servants / Weighing The Socio-Economic Burden Of Maintaining Third Mainland Bridge (2) (3) (4)
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FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by BeeBeeOoh(m): 9:39pm On Jun 01 |
The Federal Government has declared the organised labour’s demand for a national minimum wage of N494,000 as economically unsustainable, warning it could destabilise the economy and negatively impact over 200 million Nigerians. https://punchng.com/fg-rejects-labours-n494000-wage-demand-warns-n9-5tn-economic-burden/ 5 Likes 1 Share
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Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Ofunaofu: 9:45pm On Jun 01 |
If paying 494,000 as the minimum wage is economically unsustainable, the federal government should tell Nigerians how much minimum wage is economically sustainable. 107 Likes 4 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by helinues: 9:51pm On Jun 01 |
Why can't the labour be serious for once? 99 Likes 8 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by jkpbestseries: 9:51pm On Jun 01 |
true 4 Likes 1 Share |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by kingreign(m): 9:54pm On Jun 01 |
helinues: Stop being foolish by half. Why can't the executive and legislature slash their take home pay? 204 Likes 16 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by sacin: 9:54pm On Jun 01 |
Cut government expenditure If Labour must compromise 61 Likes 1 Share |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by ALCOHOLKILLS(m): 9:57pm On Jun 01 |
helinues: What’s your business with NLC ![]() Are you a civil servant, you claimed not to be in Nigeria, why are you always wailing more than Nigerians or citizens living in Nigeria I swear you be werey 124 Likes 5 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by helinues: 9:57pm On Jun 01 |
kingreign: Even if you slashed the executives and legislatives take home, it won't still catch up with the ridiculous amount labour is demanding. Their N494,000 is the basic salary, how much would those in level 16 be earning monthly? 88 Likes 6 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by kingreign(m): 10:04pm On Jun 01 |
helinues:Let the FG be realistic for once, hyper inflation has killed the value of the naira, yet, the take home earning of middle class and low income earners are nothing to write home about. Let the FG be realistic and the labour Congress will be realistic. 73 Likes 5 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Mindlog: 10:12pm On Jun 01 |
ALCOHOLKILLS: Qudus lives abroad, he is based in Benin Republic. ![]() ![]() ![]() 38 Likes |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by richiemcgold: 10:20pm On Jun 01 |
Both the labour and the federal government are not serious. The amount being proposed by the FG is too meagre and labour's proposed amount is too outrageous. I think a minimum wage of N100k for states and N125k for federal workers is fair enough. Honestey: I didn't say so. Don't twist my comment oga. Currently, some states pay far above FG minimum wage for their workers. But there must be a benchmark for all states. Some can go above it, but none should go below the benchmark. You and I know that some states in Nigeria are super rich while some are very poor. Lagos, Rivers can decide to pay N200k, or even above, but no state should pay below N100k. That's my point, it's just an opinion. 36 Likes 1 Share |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by RoyalUc(m): 10:22pm On Jun 01 |
kingreign: After all, what's good for Adam is also good for Adamu 22 Likes 2 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Whalis: 10:24pm On Jun 01 |
Labour should benchmark their minimum wage against fuel price. For instance how much litres can ₦60k buy today? Any day fuel price increases their payment should also increase or it should be benchmark against dollar. This is the only way our leaders will stop listening to world Bank and know that Nigeria problems require a local solution. 77 Likes 5 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by kingreign(m): 10:30pm On Jun 01 |
RoyalUc:Leave them, I like as Labour dey do them. They want to flex and enjoy recklessly at the expense of the economy without giving thoughts to civil servants. I really wish SMEs, artisans, traders etc will join in the strike and press home their demands too. 16 Likes 1 Share |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by RoyalUc(m): 10:31pm On Jun 01 |
They, the politicians earn jumbo pay but want others to earn peanuts. How much does it cost Nigeria to pay the Executive and Legislators? Only recently, the wages of judges have been increased massively 16 Likes 1 Share |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by RoyalUc(m): 10:36pm On Jun 01 |
helinues: Shey they said Nigerians should sacrifice? Let them slash the executives and legislatives take home first, then Nigerians can take them serious and speak up against NLC 20 Likes 1 Share |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by ruggedboych: 10:36pm On Jun 01 |
ALCOHOLKILLS: You’re wasting your time quoting that lunatic 17 Likes 2 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by delkuf(m): 10:39pm On Jun 01 |
helinues:why can't the government be considerate for once. I am not supporting the 497,000 labour is putting out, but if the government put something considerate, labour will listen. What labour is doing is that they know that the government would present something smaller if they had presented a smaller figure. Let the government be serious and present a better figure. 60k is small compare to how they lavish money and there huge salary 20 Likes 2 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Administration1: 10:40pm On Jun 01 |
Oya, over to online warriors, battle begin |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by AlhajiCSO: 10:46pm On Jun 01 |
kingreign:no dey take man wey dey wear pant and cross legs serious helinues dey wear gstring 9 Likes |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Kelklein(m): 10:47pm On Jun 01 |
Those who are collecting 50m allowance + salary per month are telling those collecting 30k per month that giving them more than 60k would cause inflation..🤔🤔 Nigeria, we hail thee! 39 Likes |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by kingreign(m): 10:51pm On Jun 01 |
AlhajiCSO: Lol |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Blazetrailer: 11:00pm On Jun 01 |
.....but the same Tinubu released a supplementary budget in trillions of naira days after he was sworn in to take care of the following ![]() 1. Repair and renovate the presidential villa 2. To complete the abandoned Vice Presidents official residence 3. Replace presidential fleet 4. Replace the First Lady's fleet and the wife of the Vice President 5. Buy new cars for all the national assembly members 6. Pay for the presidential yatch 7. Buy SUVs and security vehicles for all presidential aides 8. Pay all the allowances for all national assembly members in advance. 9. Buy new furniture for the villa ans all the guest houses including Dodan Barracks in Lagos that was not necessary nor needed. The economy was not destabilised then. Now, it is the minimum wage that will destabilise the economy. Idiots them. Nigerians are not ready for good governance yet. 32 Likes 2 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by seunmsg(m): 11:02pm On Jun 01 |
Ofunaofu: Do you have a business? Can you pay your least worker N494k? How many private schools, hospitals, restaurants etc can pay a minimum wage of N494k? Abia state is a Labour Party state. It is one of the state that is yet to fully implement the N30k minimum wage since 2019. How will Abia state pay a minimum wage of N494k? Make it make sense. Labour’s demand is unreasonable and unrealistic. It’s time for them to stop playing politics and make a sensible proposal. Anything above N100k is unrealistic. 18 Likes 1 Share |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Hohaiiiode(m): 11:07pm On Jun 01 |
kingreign:don’t mind this senseless boys… there have been programmed to think there don’t deserve nothing. Was there any drama when the salaries of the judiciary was increased recently? Or will there be any drama when the salary of the executive officers and legislative will be increased? If we need to suffer let us suffer together. If there think the demand of labor is too much. Let them show the will and reduce their own salaries to reflect the present realities in Nigeria. 10 Likes |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Chicagograduate(m): 11:10pm On Jun 01 |
A lawmaker earns 30mil monthly.This is aside sitting allowance,oversight allowance,committee allowance and kickbacks.Tinubu is awarding inflated contracts to his children's company despite his wife boasting that they are richer than Nigeria.So Tinubu is saying only him and the lawmakers have rights to the treasury.No nah! I know that NL.c president to be a coward. 15 Likes 2 Shares |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by RoyalUc(m): 11:15pm On Jun 01 |
seunmsg: So why can't Fed Govt offer the 100k? 16 Likes |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Chibuezem(m): 11:43pm On Jun 01 |
BeeBeeOoh:To solve this issue, cut down on the salaries of political leaders from the president down to the local government chairman. Then make the minimum wage atleast 100,000 naira. 8 Likes |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by faceland: 11:46pm On Jun 01 |
Labour want salary equivalent to $120 only, but convered to naira, it is 200k & government said that is totally unrealistic (especially state governors, some are owing 6 months wages of 30k/month). This is a perfect time to lunch a communist party (if the people were not divided on tribe and religion). 6 Likes |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by Scoutvibe: 11:51pm On Jun 01 |
seunmsg:Have federal government accepted 100k and they said no. 15 Likes |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by faceland: 11:52pm On Jun 01 |
seunmsg: It is states that are secretly telling FG, "we can't o". Otherwise they would settle since. If you can have two or three ghost workers, you are a millionaire. Anyway, no one takes them seriously. They would soon call off the strike (as usual), I would advise working to not make other plans and iron their work clothes. |
Re: FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden by faceland: 11:57pm On Jun 01 |
If NEPA and filling station join the strike for one month, they wouldn't be much impact (from my side of the country because it is already a 'failed state' no basic human needs). 3 Likes |
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