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N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out - Politics - Nairaland

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N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by treesun: 7:56pm On Jul 18
The Organised Private Sector, OPS, has warned that members cannot pay the N70,000 National Minimum Wage announced by the Federal Government without support.

Reacting to the news of President Bola Tinubu’s approval of N70,000 as the new national minimum wage, Spokesperson of OPS, and Director General of the Nigeria Employers’ Consultative Association, NECA, Adewale-Smatt Oyerinde, said.

[b]while we commend the President for putting to rest the immediate issue of the National Minimum Wage, we also note, most importantly his commitment to support the sub-nationals and the Organized P[/b]rivate Sector to pay the new wage”

https://www.vanguardngr.com/2024/07/n70000-minimum-wage-we-cant-pay-unless-organised-private-sector-cries-out/

6 Likes 1 Share

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by asakoko: 7:58pm On Jul 18
Hmmmmm... make I no talk o

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by mrvitalis(m): 8:15pm On Jul 18
Any company that employ 25 people and above and can't pay 70k to their lowest staff should close down

148 Likes 12 Shares

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by helinues: 8:18pm On Jul 18
That one is expected. Not all the private sectors would be able to afford the N70k as minimum wage.

The private schools in the village with how many students or staff?

Things we could have discussed earlier and find solutions to, we would rather be engaging in petty discussions.

https://www.nairaland.com/8119110/why-cant-fg-state-private

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Remman(m): 8:20pm On Jul 18
With the "rich" mentality of big private businesses who travels for luxury in and out of Nigeria like they're moving around their kitchen and parlour, it's time to cut off some expenses from your menu. I tell you, you can pay because you're making a lot of money.

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Solofresh2: 8:21pm On Jul 18
I was just laughing when some people were shouting 250k or nothing😂
Shey company wet no fit pay 70k na hin want pay 250k?😂
Nigerians are really funny people

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Paraman: 8:45pm On Jul 18
Even Abia state and some other states won't be able to pay 70k

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Richtaiwo: 9:26pm On Jul 18
Alex Otti won't bother himself. As far as he is concerned,15k is the highest he will pay and Abia workers are not complaining. The workers will rather insult Tinubu for approving 70k which can't buy a bag of rice. Ironically, those are the people calling others slaves.

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by thesicilian: 9:27pm On Jul 18
mrvitalis:
Any company that employ 25 people and above and can't pay 70k to their lowest staff should close down
If you were a staff of a PRIVATE company receiving 25k per month, and they say they cannot pay you 70k but can manage to pay you 50k, would you accept it or prefer to refuse so that the company can close down and you return to the labour market with no certainty of a new job in the next few months?
Most companies are still not going to pay up to minimum wage and nothing will happen. In fact I know of some people that kneel down to greet their bosses just for paying them salaries, not to talk of if the boss now decides to add just 10 - 15k to their salary instead of the commensurate minimum wage pay

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by mrvitalis(m): 9:36pm On Jul 18
thesicilian:

If you were a staff of a PRIVATE company receiving 25k per month, and they say they cannot pay you 70k but can manage to pay you 50k, would you accept it or prefer to refuse so that the company can close down and you return to the labour market with no certainty of a new job in the next few months?
Most companies are still not going to pay up to minimum wage and nothing will happen. In fact I know of some people that kneel down to greet their bosses just for paying them salaries, not to talk of if the boss now decides to add just 10 - 15k to their salary instead of the commensurate minimum wage pay
There is no justification to pay that to your staff it's impossible to justify

Any company of such should be fined and made to pay 10 million per staff they under pay

12 Likes 2 Shares

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by CyrusVI(m): 11:27pm On Jul 18
Abia still pays 18k in 2024 and they haven't even seen anything for 11month

Na till December 2026 before Otti go start to dey pay 30k

Omo, their civil servants gat comot East run enter Lagos, else na hunger jamboree

22 Likes

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by treesun: 11:30pm On Jul 18
Nlfpmod!
Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Lanretoye(m): 8:55am On Jul 19
A
Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Anguldi(m): 8:56am On Jul 19
Expected, the only way is to increase cost of goods and services their by leading to more inflation and hardship 🔥💯✔️tongue

Introduction to Agbado Tinunomics 101 wink

Cannibalism will soon start, mark this . E go reach everybody ai

7 Likes

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Lovenorth: 8:56am On Jul 19
Bad belle
Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by AMAUCHESKY(m): 8:57am On Jul 19
Before you say that you wont pay the 70k...

Calculate how much each worker is making for you in a month

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Obiedun(m): 8:57am On Jul 19
Pay what you can truly afford.

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Ijaya123: 8:58am On Jul 19
mrvitalis:
Any company that employ 25 people and above and can't pay 70k to their lowest staff should close down

You expect a petrol station to pay 70k to their attendants

Even banks, how much do they pay their contract staffs? Let’s not even talk about insurance companies.

Most of you are not realistic in your expectations on this issue of minimum wage.

18 Likes 1 Share

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by oshiokpu(m): 8:58am On Jul 19
Salary earners talk anyhow. They think it’s easy to be an entrepreneur in Nigeria where everything is against you!

21 Likes 3 Shares

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Tjra: 8:58am On Jul 19
CyrusVI:
Abia still pays 18k in 2024 and they haven't even seen anything for 11month

Na till December 2026 before Otti go start to dey pay 30k

Omo, their civil servants gat comot East run enter Lagos, else na hunger jamboree

11 Likes 1 Share

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by valentineuwakwe(m): 8:58am On Jul 19
Day never break, private sector don begin dey shout!

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Prolificgiant(m): 8:58am On Jul 19
mrvitalis:
Any company that employ 25 people and above and can't pay 70k to their lowest staff should close down
will that not lead to unemployment?

5 Likes

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by mohbadliveson: 8:59am On Jul 19
70k that can't buy a 50kg bag of rice is what you can't pay an adult for working 30 days

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Akwamkpuruamu: 8:59am On Jul 19
Anyhow, we entrepreneurs go survive. Na to increase our service charges

8 Likes

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by kayswag100(m): 8:59am On Jul 19
We all know more than half of the states wont pay this 70k (which is meagre, considering the current economic realities).

The labor guys will now direct their energy to state govt... tired of the same cycle repeating itself.

3 Likes

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Hemanwel(m): 8:59am On Jul 19
Isn't it a common business sense that if your recurrent expenditure has increased, you should increase the price of your service (if you're a service provider) or increase the price of your goods? Or worse still, downsize so as to keep your business running. Why the hue and cry from the organized private sector?

BTW:

Reeno Omokrii should make Nigerians know how much Tinubu government paid him to tarnish Peter Obi's image, cos we heard he is Tinubu's new signing. His contract with Atiku has expired.

3 Likes

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Anguldi(m): 9:00am On Jul 19
Ijaya123:


You expect a petrol station to pay 70k to their attendants?
Some station are still paying 10-15K

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Jovi10: 9:00am On Jul 19
grin grin Nigeria my country
Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by EreluRoz: 9:01am On Jul 19
God knows I can never work for any private organization lailai. One week is too long for me and the oga to start fighting except it's my husband's organization.

Private workers are really trying especially those that works for Indians.

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Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by Coldspice: 9:01am On Jul 19
mrvitalis:
Any company that employ 25 people and above and can't pay 70k to their lowest staff should close down

Go and advice Alex Otti of the Labourers Party paying Abia civil servants 20k as if they are dogs.

8 Likes

Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by bixton(m): 9:02am On Jul 19
treesun:


https://www.vanguardngr.com/2024/07/n70000-minimum-wage-we-cant-pay-unless-organised-private-sector-cries-out/



It seems like this OPS looks like POS that's why they are saying they can't pay. We all know the POS or OPS sector is categorized. I don't know why they are complaining.

1 Like

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