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Nairaland Forum / Nairaland / General / Politics / Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage (19865 Views)
Minimum Wage: We Won’t Shift Ground On ₦615,000 Demand, Says Labour / Military, Civil Authorities Battle Over Leadership Of Proposed Agency / House Of Reps Seeks Suspension Of Proposed National Census (2) (3) (4)
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Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Bobloco: 4:40am On May 04 |
Organized Labour, consisting of the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, has outlined details of its proposed N615,000 minimum wage. https://dailypost.ng/2024/05/03/nigerian-workers-release-breakdown-of-proposed-n615000-minimum-wage/ 12 Likes 3 Shares
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Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by ForValour: 5:07am On May 04 |
Over the roof spending by a minimum wage earner 9 Likes 2 Shares |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by GanagiBitrus: 5:09am On May 04 |
New Minimum Wage =>More Money in Circulation =>Higher Inflation =>Demand for New Minimum Wage... &the Vicious Cycle continues. 40 Likes 5 Shares |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Boogyman557: 5:12am On May 04 |
Holly Gram ![]() EBIN PAWA ooo !!! LITE UP my WEED in peace WTF MAN! 15 Likes 5 Shares
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Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by olaideeeedris(m): 5:13am On May 04 |
I am sure these guys are not really serious with this thing they are doing. Increments in salary will only invite inflation. For me, I think what the workers should fight for is the naira purchasing power. If my salary is 20k, I should be able to purchase good things with it. For example, with 20k salary: Bag of rice.... #950 House rent (annually)... #230 Sch fees (private sch)... #110 (very expensive) Car (moderate).... #6500 ![]() ![]() Buy a house... #4250 etc Oya wake me up!! 55 Likes 6 Shares |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by TemplarLandry: 5:13am On May 04 |
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Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Quest7777: 5:16am On May 04 |
We are just pursuing shadows. Higher Minimum wage will only lead to higher inflation. Very soon ₦50 & ₦100 notes will join ₦5, ₦10 & ₦20 in becoming worthless. It's only Good & Effective Governance + Increased Productivity that will boost workers' purchasing power, not wage increments. 19 Likes 2 Shares |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Betanaija42moro: 5:48am On May 04 |
Government should come up with the new minimum wage ASAP. The workers are suffering 8 Likes 1 Share |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by 1Alex: 6:00am On May 04 |
olaideeeedris:will your suggestion be done over night or even in one year? . So workers will keep perishing till they land on a solution after these trial and error policies? Prices of everything have increased by more than 200% and the salaries remain the same. If you were a civil servant, you would not have made this suggestion. Anyhow e go be make e be. Make them increase the minimum wage. 31 Likes 2 Shares |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by olaideeeedris(m): 6:10am On May 04 |
1Alex:I've been a civil servant since February 2016 sir. This is what I always tell them at the office anytime a conversation like this pops up. Since the introduction of that wage award, a lot of them are beginning to think along my line. 3 Likes |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by kenny160: 6:24am On May 04 |
olaideeeedris:you raise a good point my brother, not the increment be the koko if they increase to that unrealistic amount demanded by labour, it will creapled our economy totally. 3 Likes 2 Shares |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by helinues: 6:26am On May 04 |
They should at least be serious for once 53 Likes |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Babysho(m): 6:27am On May 04 |
I think 615,000 is a tad much. It should be somewhere around 80k but most importantly, what the NLC should be fighting for is price control so that even 80k will have so much value. And that's why I think investors love Nigeria, because we open our market to all sorts of foreigners and they set outrageous prices for goods because we don't have price control. Even our very own Dangote that we gave license to use our natural resources, we can't afford the things he created with our resources! 14 Likes 1 Share
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Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by mycar: 6:28am On May 04 |
olaideeeedris:you are correct, what matters is the purchasing power. of what use will minimum wage of N615k be to you if bag of rice becomes N500k and children school fees N1m per child in a term? 10 Likes 2 Shares |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by phemmie06(m): 6:32am On May 04 |
Disorganized and distabilized labour..... Why can't they fight for good s standard of living... let him lead by example by paying is driver such amount. 3 Likes |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Nolevel666: 6:34am On May 04 |
olaideeeedris: Have you tried to buy any thing tagged in usd online recently? Is there anything lower than 5 - 10 usd? How much is 10 usd compared to your minimum wage? Mumu 9 Likes 1 Share |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Aboks(m): 6:36am On May 04 |
useless people 2 Likes |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Biodun556(m): 6:37am On May 04 |
The nlc president is fool. He is just suffering Nigerian workers by delaying the new minimum wage 6 Likes |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by correctguy101(m): 6:37am On May 04 |
olaideeeedris: With slap or kick? ![]() Or make I pour u water? Wake up jhor ![]() 2 Likes |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Nolevel666: 6:38am On May 04 |
Quest7777: If you want to purchase anything as small as 10 usd online? It means 1/3 of your monthly salary is gone. Just for 10usd that someone earns in half an hour in the United states Will the remaining 20k be sufficient for you for the rest of the month? What if you’re buying something of 50usd? Is that what you want? Inflation has always been around, forget about it We need to be able to purchase goods in the international market without breaking the bank! 6 Likes 1 Share |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by pharmagba: 6:41am On May 04 |
Unserious labour leaders, they don't know the enormity of task at hand hence throwing up figure recklessly oblivious of other factors as government earnings and amount that should be for capital project from earnings. All earnings cannot be for recurrent. N80,000 is realistic and OK. Someone that has been surviving on N35k will.survive on N80k 2 Likes |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by codedguy1(m): 6:41am On May 04 |
olaideeeedris: I agree with you but I ask you a simple question. Do these guys look like people that are interested in strengthening the naira when they travel out just to discuss matters that could have been done here. They purchase jeeps at 160m each for themselves allocate to themselves all sorts of allowances and use the dollars to bribe each other during elections and then expect workers to depend on them to strengthen the purchasing power of the naira. You are on a long tiin. Labour know they will not get that 615k they are asking for but the 615k breakdown highlights the reality and it's a good place to negotiate and get a good minimum wage for the workers because these guys don't send you a civil servant and they also no send consequences of their frivolities. It doesn't matter to them so why should it matter to labour. They will continue to spend as they like and make you a civil servant be expectant for better life till you retire. 17 Likes 1 Share |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by duullie88(m): 6:46am On May 04 |
Why is nobody talking about the fact that the naira was devalued, but always rush to say new minimum wage will cause inflation, I guess through the years of inflation, minimum wage was increased yearly thereby causing the galloping inflation we are facing.. 9 Likes 2 Shares |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by obojememe: 6:46am On May 04 |
This one go far o... ![]() ![]() ![]() |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by kingsways: 6:46am On May 04 |
615k is fair At today’s exchange rate N1400/ Dollar, it’s just $440 for one whole month 2 Likes |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Danabu(m): 6:48am On May 04 |
Babysho: Price control in a free mark et economy? 1 Like |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Bananapill: 6:52am On May 04 |
kenny160: Workers should earn a living wage. Politicians should cut down on their pay and allowances and cut down the cost of governance. Corruption should be brought down to the minimum and see how the country gets better. 3 Likes 1 Share |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by Successlane: 6:52am On May 04 |
mm |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by SPAMBOX7: 6:52am On May 04 |
GanagiBitrus:Facto 1 Like |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by BodyCount: 6:56am On May 04 |
Good |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by seborrhic: 6:56am On May 04 |
Then be ready to buy a bag of rice for 500k,cement 50k,fuel 5k/litre and the shortest transport from CMS to Ajah 5k. 2BR in Ajah 5m and in Lekki 8-10m/annum. 1room self con in Banana Island 5m. Ikorodu 2-3m for 3BR 3 Families of 4 each would be sharing 3 BR flat or 2BR flat. The people that will suffer and have increased suicidal rates are those in the private sector,big,but particularly medium and small sized companies or 1 man businesses and their workers. Many 1 man businesses will just go extinct 3 Likes 1 Share |
Re: Nigerian Workers Release Breakdown Of Proposed ₦615,000 Minimum Wage by francisbarrack(m): 6:58am On May 04 |
Quest7777: U really make sense bro... But d gov. Cause it all , y wuld they increase electricity tariff, a lilter of petrol is also on d high side n dollars increasing on daily basis. Everything is on d high side including medical bills too. May God help. 100 plus is fair |
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