Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu - Politics

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Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu - Politics - Nairaland

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Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by InfoGuru118: 1:46pm On Jun 06

Following a 48-hour ultimatum issued to him by President Bola Tinubu, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Thursday, submitted the projected cost implications of implementing a new national minimum wage.

The submission comes two days after Tinubu issued the directive to present a proposed new minimum wage figure and analysis of the associated costs.

The finance minister’s report is said to outline several potential new minimum wage levels along with the anticipated fiscal impacts on the federal budget of each option.

Recall that the Organised Labour had embarked on a nationwide strike on Monday and Tuesday to demand increased minimum wage for the government workers.

Another of the labour demand was the reversal of the recently increased electricity tarrifs.

The industrial action was suspended for five days by the leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) after signing a commitment with the federal government to resume negotiations, and come up with a new minimum wage within a week.

https://news360ng.com/breaking-finance-minister-submits-new-minimum-wage-template-to-tinubu/

7 Likes 1 Share

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by iwaeda: 1:49pm On Jun 06

InfoGuru118:
Following a 48-hour ultimatum issued to him by President Bola Tinubu, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Thursday, submitted the projected cost implications of implementing a new national minimum wage.

The submission comes two days after Tinubu issued the directive to present a proposed new minimum wage figure and analysis of the associated costs.

The finance minister’s report is said to outline several potential new minimum wage levels along with the anticipated fiscal impacts on the federal budget of each option.

Recall that the Organised Labour had embarked on a nationwide strike on Monday and Tuesday to demand increased minimum wage for the government workers.

Another of the labour demand was the reversal of the recently increased electricity tarrifs.

The industrial action was suspended for five days by the leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) after signing a commitment with the federal government to resume negotiations, and come up with a new minimum wage within a week.

https://news360ng.com/breaking-finance-minister-submits-new-minimum-wage-template-to-tinubu/

N60k per month. APC and Tinubu will still scam workers as usual. grin

16 Likes 1 Share

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by GOFRONT(m): 1:52pm On Jun 06

All na Sakamanje

29 Likes 1 Share

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by Moroccoguy: 1:55pm On Jun 06

We don hear, Una dey pay subsidy or not

14 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by datola: 2:25pm On Jun 06

FG does not have any justification not to pay workers N100,000 minimum wage.

No money. But there is enough to share among the politicians.

Lest we forget that Tinubu promised the workers living wage.

64 Likes 2 Shares

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by phemmyjohnson: 2:25pm On Jun 06

Leave cost implications . you all padded billions to the budget ,pilgrimage ,renovations and yatch .Maybe recurrent expenditure have no cost implications.
Increase the minimum wage lets all bear the consequences together we will manage a higher inflation don’t worry .

39 Likes 2 Shares

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by kennyz247(m): 2:25pm On Jun 06

Just tell Nigerian workers the peanut u want to pay and stop the Smart game on workers..lass las they may end up paying 62500 as minimum wage, imagine u work for one month and your salary no fit buy one bag of maize talk more of a bag of rice...
Very heartless government

26 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by Franklyspeakin: 2:26pm On Jun 06

slow pokes

2 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by ecomalchemistt(m): 2:26pm On Jun 06

Make sense

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by datola: 2:26pm On Jun 06

Moroccoguy:
We don hear, Una dey pay subsidy or not

You want them to stop paying so that we can be buying fuel @ N1,200 per litre

You better let the sleeping dog lie.

7 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by sylve11: 2:26pm On Jun 06

Hmmm

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by blamingthedevil: 2:26pm On Jun 06

What is cost implicated?

Habaa moderators

68 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by ATLANTIC01: 2:26pm On Jun 06

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by upower123(m): 2:26pm On Jun 06

Nigeria is a funny place to live.... politicians will stain your white....when I was working as a UBE teacher federal government was paying 18000( year 2014) I was living comfortable.. because I can buy bag of foreign rice 7500 and have 10500 still remaining...now my salary can't buy a bag of rice... Nigeria hard...

14 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by farouk2much(m): 2:26pm On Jun 06

Minimum wage wahala..... Tinubu is a OTP...

2 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by emmykk(m): 2:27pm On Jun 06

The Govt is doing everything to look as if they are working.Mugus

1 Like

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by Honestey: 2:27pm On Jun 06

Cost implication of how much minimum wage?

9 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by pikechukwu6(m): 2:27pm On Jun 06

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by sylve11: 2:27pm On Jun 06

Should be the duty of the Minister of Finance?

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by Rayd502(m): 2:28pm On Jun 06

Tinubu show working oh...Nah u use your mouth promise workers living wage.

1 Like

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by erai30(m): 2:28pm On Jun 06

Reduce the pay of all political office holders, give better pay to all workers. The money of the nation is for everyone, these people are just clueless, greedy and selfish.

6 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by Digixtreme: 2:28pm On Jun 06

Tueh

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by mrvitalis(m): 2:29pm On Jun 06

Is this what you need a minister to do?

So FG had no template before?

I don't really get this APC guys... This maths should not take 2 mins

Before they say we don't provide opinions

Tinubu should raise minimum wage to 150k on the condition labor union accept the total removal of fuel and electricity subsidies

Or labour union accept 75k and the subsidy stays

1 Like 1 Share

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by Negroid001(m): 2:30pm On Jun 06

This thing don cast. It's gonna die away slowly. Dem no suppose stop that strike.

2 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by Sermwell(m): 2:30pm On Jun 06

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by SaturnNick(m): 2:31pm On Jun 06

But theirs have no cost implications

1 Like

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by ibtommy(m): 2:31pm On Jun 06

InfoGuru118:

https://news360ng.com/breaking-finance-minister-submits-new-minimum-wage-template-to-tinubu/

.

Shebi na "cost implication"?

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by ClearFlair: 2:31pm On Jun 06

Lol

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by waice6571: 2:31pm On Jun 06

Cost 'IMPLICATED' indeed.

Eebo 'bu

2 Likes

Re: Minimum Wage: Finance Minister, Edun Has Submitted Cost Implication To Tinubu by dododawa1: 2:32pm On Jun 06

We

are

waiting

for

OUTCOME

of

all

this

GAME

with

NLC

2 Likes

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