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Nairaland Forum / Nairaland / General / Politics / Minimum Wage Negotiations Will Be Tough - Atedo Peterside (17849 Views)
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Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by Nyanabo2: 7:52am On Jun 04 |
lailo: What are you even saying? |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by grandstar(m): 7:57am On Jun 04 |
lailo: That is what Nigerians fail to understand.They prefer to die with emotions than live with facts. I won't be surprised if a 10k increase in wages is more than the total of NASS budget. My cousin angered me so much yesterday. He said NLC should also look into the hike in electricity tariff. I have explained to him that the Discos and Gencos can not cover operational cost as the tariffs are not cost reflective. It does not cover their costs. I asked if the power providers can't cover their cost of operations, how will they provide electricity? From his silence, I knew I had gotten nowhere, despite him seemingly knowing I spoke facts. They don't care. 2 Likes 1 Share |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by Greyworld: 8:09am On Jun 04 |
lailo: You missed the mark... the disparity between the common man and the political class is just too wide. Hence the pain. If a man be a senator can earn 30million a month and a man can't earn 200k a month then there is bound to be tension. Simple |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by aylipple: 8:12am On Jun 04 |
Those were very reckless and irresponsible spending on the part of government. You can’t ask the citizens to tighten their belts at the waist while you’re busy freeing yours to accommodate more sleaze |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by Greyworld: 8:15am On Jun 04 |
HomoDroid:No point here. The FG should have stayed out of it this year. |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by iswallker(m): 8:29am On Jun 04 |
slim75d: Nobody without a sector except you are dead...even unemployed is a category... How many days if strike has brought hardship to you that you were not experiencing before.... ![]() |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by christejames(m): 8:49am On Jun 04 |
slim75d: Don't you think once the civil servants get the money they will now have more to spend on traders and other businessmen which will now rejig the commercial activities of the nation thereby bringing about competition amongst sellers and ultimately price reduction 🤔?? |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by Otamendi99(m): 11:35am On Jun 04 |
DMerciful: 100k nice, but Den. Here is wia d inflation sets in more. Untill d economy is good. Nothing is changing. Watch bread go up to 2000 a loaf. 1 Like |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by Hearty33: 12:00pm On Jun 04 |
Good |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by 82man: 1:04pm On Jun 04 |
NIGERIAN ECONOMY CAN'T TAKE CARE OF SENATORS AND THE EXPENSIVE PRESIDENTIAL SYSTEM OF GOVERNMENT ANY LONGER. Senators' Annual Pay World Wide: 1.Sri Lanka: $5,100.00. 2.Malaysia: $25,300.00. 3.Spain: $43,900.00. 4.Ghana: $46,500.00. 5.Saudi Arabia: $64,000.00. 6.France: $85,900.00. 7.South Africa: $104,000.00. 8.Britain: $105,400.00. 9.Germany: $119,500.00. 10.Canada: $154 000.00. 11.United States: $174,000.00. 12.Nigeria: $2,183,685.00. Details of the remuneration of an average Nigerian Senator is stated below: Monthly Basic Salary (B.S): N2,484,245.50. Hardship Allowance: (50% of B.S),N1,242,122.70. Constituency Allowance: (200% of B.S),N4,968,509.00. Newspapers Allowance: (50% of B.S) – N1,242,122.70. Wardrobe Allowance: (25% of B.S),N621,061.37. Recess Allowance: (10% of B.S),N248,424.55. Accommodation: (200% of B.S),N4,968,509.00. Utilities: (30% of B.S),N828,081.83. Domestic Staff: (70% of B.S),N1,863,184.12 Entertainment: (30% of B.S),N828,081.83. Personal Assistants: (25% of B.S),N621,061.12. Vehicle Maintenance Allowance: (75% of B.S),N1,863,184.12. Leave Allowance: (10% of* B.S),N248,424.55. Severance Gratuity: (300% of B.S),N7,452,736.50. Car Allowance: (400% of B.S),N9,936,982.00. TOTAL MONTHLY SALARY: N29,479,749.00 ($181,974.00). TOTAL YEARLY SALARY: N29,479,749.00 x 12 = N353,756,988.00. Average Salary of Nigerian worker as recommended as National Minimum Wage is N48,000.00. So,the yearly salary is N48,000.00 x 12 = N576,000.00. Remember, Yearly Salary of Nigerian Senator = N353,756,988.00 (Three hundred fifty-three Million,seven hundred and fifty-six thousand,nine hundred and eighty eight Naira. Proportion: N353,756,988.00/ N576,000.00 = 614.2 It will take an average Nigerian worker 614 years to earn the Yearly Salary of a Nigerian Senator. #copied |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by bixton(m): 2:09pm On Jun 04 |
slim75d: Being in the private sector means youre rendering a service or selling goods and by that you're at liberty to increase your price just that you'll make it fair enough. I don't understand what you mean by those eho have no sector......even if one is without a job and is dependent on another then whoever is assisting financially will only assist the much that can be done given his income. You who receive only need to expend with wisdom. Those who help others financially do so not because they have plenty to spare but because they have a good heart given to them by God. I write this especially to those who are diligent about their jobs and who don't pilfer through mischievious means. |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by Noblechykk(m): 2:36pm On Jun 04 |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by countryman13: 9:27pm On Jun 04 |
Kingosytex:Please include CLUELESS join those adjectives. Majority of those senators are nothing but bench warmers. |
Re: Minimum Wage Negotiations Will Be Tough - Atedo Peterside by PropertyBanker(f): 1:28pm On Jun 20 |
Judgementa1: |
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