Blessedarethepe:

You have no clues about the economy

maestro299:


But they can buy expensive SUVs for themselves.

Stop defending madness abeg.
If they want the masses to sacrifice, then it has to begin with them too.

Islie:


https://www.vanguardngr.com/2024/06/nigerias-minimum-wage-in-numbers-from-n125-in-1981-to-over-n490k-demand-in-2024/

lailo:
If una see #60k no take am. Let hoebidiot dey deceive u as if their lord and saviour can even raise his to #40k if he were to be the president.
Obidient movement=Igbo presidency.

Image123:


What concerns SUVs with a permanent minimum wage of about half a million naira? Do you think governance and economy is about "do me I do you"?

Image123:


Did you think about how the government would be able to afford anything more? Would you rather they start to owe months of salary and borrow from World Bank and IMF to pay salaries? Do you think of the implications on inflation? Do you think that state governments and private institutions which are the greater percentage would pay up to 60k for minimum wage?

Islie:


https://www.vanguardngr.com/2024/06/nigerias-minimum-wage-in-numbers-from-n125-in-1981-to-over-n490k-demand-in-2024/

OKOATA:
Your senetors go home with nothing less than 17M monthly. I don't blame you cos you are irrelevant. My APC friends are amongst the labour striking so just sit down and let them fight it out not yarning dust.

maestro299:


Stop being deliberately naïve. A government that is forcing parsimony on its citizens, should not go about exhibiting unjustifiable flamboyance. Whatever happened to showing good example?

Image123:


Okay, personal accountant of senator. The logical thing to do after your 'divine' revelation is to skyrocket the cost of salary. Or you think that the minimum wage percentage increase would not affect them?

OKOATA:
Oga subsidy was removed, naira floated yet your govt can't pay abi. Keep defending rubbish.

chatinent:
I don't even support ₦450k minimum wage. Anything below ₦1m is hardship.

Let's calc what you'll spend @ ₦60k in a month.

Cost of fuel: ₦850/litre (that's about 70 litres which is roughly two weeks trip to work if you have a car). If you don't have a car, you are done for.

Diesel: don't even try it.

Tomato: very expensive.

Security: on God.

NEPA Bill: expensive yet no light.

So you can't pay someone who works for 30 days ₦450k? But your son can wear millions of naira in a wrist watch ⌚ from taxpayer's money.

That is to say if the FG was to pay ₦450k as minimum wage, only one wrist-watch ⌚Tinubu's jobless son wears can pay 768 people of the minimum wage of ₦450k monthly.


Even at ₦30k minimum monthly, Tinubu's son was wearing a wristwatch of 11,534 people.


At the FG new proposed ₦60k minimum wage, Tinubu's jobless son was wearing 5767 ⌚people's monthly pay.

Imagine a jobless son wearing a large number of people's proposed salary ⌚ and his father is refusing employed people access to good life.

Anything below ₦1m minimum wage is suffering. At ₦1m, it's still not fair because according to Tinubu's jobless son's stats, it's 365 person monthly per wristwatch. ⌚

It's still very poor to the electorates. You'd imagine how many watches his son has and the collection on his wardrobe.



And the sad news is that your president is preparing his son for politics to take over someday and this one would actually be more ruthless.


To you, Nigeria is your motherland.


To them, Nigeria is their money making footstool with you as pawns.


It's check mate always.


Spoiler: Even the proposed minimum wage cannot buy you a quality wristwatch! So your time is for nothing!

Tinubu is a recommended failure.

Image123:


Pay what? Naira flotation is actually putting the government in some form of debt. Removal of subsidy doesn't mean that the government can afford to pay every ridiculous fantasy of a salary that you think of. Use a calculator if you failed at simple economics in Secondary school. All the millions and trillions that the FG has been spending and still paying over the past one year is of course nothing to you.

Image123:


And your clue is a minimum wage of about half a million naira for federal workers.

OKOATA:
Wait so you speak all this English and proffer zero idea of how they can achieve a reasonable minimum wage.

If we can subsidise pilgrimage with 90 billion, no Nigerian worker should earn less than 150k-200k. It is wrong for national assembly members to earn millions of naira and teachers earn 30k minimum wage.
What is the living condition of a common man in Nigeria? How many Nigerians can afford to use plane with the minimum wage?

How many Nigerians can afford band A power line with minimum wage, a custard of garri 2500, a cup of beans 300, a cup of rice 300, a liter of fuel 820.

Nigerians are to survive all these with 60k a month ?
Everything supposed be shut down till something reasonable is agreed on as new minimum wage.
At least 150-200. Quote alright the 450k might be much and I agree on that but the govt should do better that's my own.

praz001:
Within 7 day, the initial gra gra will go down. For those supporting 400k which is not visible.

Think about the trader, the private sectors who can't pay, the gatman.

Prices of items. Coz I know a bag of rice will be close to 400k as well...

We need price control. Price control. Reduction I price of goods..

Blessedarethepe:
it's not bad for an average worker in Nigeria......how much is the equivalence in dollar? Compared to how it was during the past years.
Do you know how the minimum wage of common south Africa? Go to ordinary Morocco.

Image123:


You are mixing apples and oranges, pilgrimage subsidy has nothing much to do with minimum wage, it has always been subsidised.(Not that i agree with any pilgrimage in the first place, not to talk of its subsidy). Like i said earlier, you'll have to be very dull to think that any increase in the minimum wage would not affect the politicians. Increase goes across board in case you are ignorant, if there's a 100% increase in minimum wage, every person on federal government payroll gets 100% also, and it affects all their bonuses too. You're fighting the wrong fight. Apart from the problem of further inflation, which it will immediately cause, state governments will not comply. Many will be owed salaries for months and many more will be retrenched. Also, more than 90% of the private sector will not and cannot comply with the so called minimum wage but will multiply costs and expenses based on it. Keep doing yourself.

OKOATA:
But it was easy to increase fuel from 220/Lt to 700/Lt. It was very easy to increase university tuition from 25k to 300k.
It's very easy, tell Tinubu to return everything back to the old pricee and we forget about new wage increase. Tell the federal government to stop raising the cost of living through their senseless economic policies and watch Labour Union stop calling for increased minimum wage. Copied.

Islie:


The Nigeria Labour Congress (NLC) has declared an indefinite nationwide strike starting on Monday, June 3, 2024, due to the Federal Government’s refusal to increase the proposed minimum wage above N60,000.

Despite the government’s final offer of N60,000, which included a recent increase from an initial N57,000, the labour unions found the proposal insufficient, setting a new proposal at N494,000.

The Evolution of Nigeria’s Minimum Wage

Early Beginnings

The concept of a minimum wage in Nigeria dates back to the 1950s. The late Chief Obafemi Awolowo, as Premier of the Western Region, implemented the first minimum wage policy in 1954. Western Nigerian workers received a minimum wage that was double the amount paid to their counterparts in other regions. This initial wage policy set a precedent and sparked ongoing discussions about fair labor compensation in the country.


Post-Independence Struggles

Following Nigeria’s independence in 1960, the push for a national minimum wage continued. In 1959, Awolowo, then the President of the Action Group, campaigned vigorously for a five-pound minimum wage for federal workers. Although he lost the 1959 elections to Sir Abubakar Tafawa Balewa, the issue of a national minimum wage remained a significant political agenda.


The First National Minimum Wage Law

The first National Minimum Wage Law was enacted by President Shehu Shagari in September 1981, spurred by the advocacy of the Nigerian Labour Congress led by Hassan Sunmonu. The law set a minimum wage of 125 naira per month, equivalent to approximately US$204 at the time.


Subsequent Revisions

Over the years, the minimum wage has undergone several revisions:

2000: Increased to N5,500.

2011: Under President Goodluck Jonathan, it was raised to N18,000.

2019: The National Minimum Wage Act signed by President Muhammadu Buhari established a new wage of N30,000 per month.


The Current Debate

In January 2024, the federal government formed a 37-member tripartite committee to review the National Minimum Wage. However, the committee has not yet reached an agreement. The NLC and Trade Union Congress (TUC) have set a deadline of May 31 for the government to establish a new wage policy. The unions are demanding a minimum wage of at least N60,000.

Some states have unilaterally announced new minimum wages. For example, Edo State approved a new wage of N70,000 effective May 1, 2024, while Lagos State has been paying a wage award of N35,000 since January 2024.

The discussions about the minimum wage are fraught with tension, particularly between state and federal governments. State governments often argue they cannot afford higher wages, while the federal government usually proposes higher rates. This discord reflects a long-standing issue in Nigeria’s wage policy, where economic realities and political promises often clash.


https://www.vanguardngr.com/2024/06/nigerias-minimum-wage-in-numbers-from-n125-in-1981-to-over-n490k-demand-in-2024/

anonimi:


Who gives the politicians power to do whatever they are doing

weyreypey:
This is due to the locust philosophy of the political leadership.

No desire to produce but strict consumption.