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FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden (14043 Views)

Labour Submits N615,000 Minimum Wage Demand In Fresh Proposal / Tinubu Approves ₦35,000 Wage Award To Civil Servants / Weighing The Socio-Economic Burden Of Maintaining Third Mainland Bridge (2) (3) (4)

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Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by Omenlon: 8:35am On Jun 02
Ofunaofu:
If paying 494,000 as the minimum wage is economically unsustainable, the federal government should tell Nigerians how much minimum wage is economically sustainable. 
maybe some of you think only civil servants are the ones in employment. You people don't consider the private sector. How many companies can pay 100k minimum wage with all the challenges they are facing in trying to stay afloat in business.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by Charly68: 8:35am On Jun 02
They didn't warn on the effect of politicians wage bill but warning on labours wage bill effect .. can you see their height of hypocrisy ..?

1 Like

Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by siaco(m): 8:43am On Jun 02
seunmsg:


Do you have a business? Can you pay your least worker N494k? How many private schools, hospitals, restaurants etc can pay a minimum wage of N494k?

Abia state is a Labour Party state. It is one of the state that is yet to fully implement the N30k minimum wage since 2019. How will Abia state pay a minimum wage of N494k? Make it make sense.


Labour’s demand is unreasonable and unrealistic. It’s time for them to stop playing politics and make a sensible proposal. Anything above N100k is unrealistic.

If labour's demand is unreasonable and unrealistic, is FG's proposal reasonable considering the rate of inflation in the country.
Not more than 100k you are talking is not also reasonable at all, you check out na: how much is a bag of rice, how much is a paint bucket of garri, bean, tomatoes 🍅, pepper 🫑, onion 🧅, what of yam ? All these are basic food items needed in the family, how would 100k provide these for a family of 4 in a month in this present Nigeria?
We have not talked of other bills in families.
As for me the minimum wage should not be anything less than 250k.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by Omenlon: 8:50am On Jun 02
Ofunaofu:


60k na for only transportation to work

Feeding, clothing, hospital bill, utilities etc no follow there

politics has really blinded your sense of reasoning, no doubt. In the first place, is minimum wage your take home pay? When they say 30k minimum wage, who goes home with 30k as civil servants in Nigeria? If minimum wage is 60k, the least paid worker take home pay can get to 130k to 150k. If you haven't be employed before don't fool yourself with your kindergarten analysis.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by Omenlon: 8:57am On Jun 02
siaco:


If labour's demand is unreasonable and unrealistic, is FG's proposal reasonable considering the rate of inflation in the country.
Not more than 100k you are talking is not also reasonable at all, you check out na: how much is a bag of rice, how much is a paint bucket of garri, bean, tomatoes 🍅, pepper 🫑, onion 🧅, what of yam ? All these are basic food items needed in the family, how would 100k provide these for a family of 4 in a month in this present Nigeria?
We have not talked of other bills in families.
As for me the minimum wage should not be anything less than 250k.
if you peg minimum wage to 250k, what will be the take home pay of the worker? Some of you don't even know what is minimum wage and take home pay. Besides, have you consider the private sector? How many private establishment can pay 250 as a take home pay not to talk of minimum wage. How much do you pay for your children school fees that you will expect the proprietor to pay his teachers 250k a month.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by Ofunaofu: 9:00am On Jun 02
Omenlon:
politics has really blinded your sense of reasoning, no doubt. In the first place, is minimum wage your take home pay? When they say 30k minimum wage, who goes home with 30k as civil servants in Nigeria? If minimum wage is 60k, the least paid worker take home pay can get to 130k to 150k. If you haven't be employed before don't fool yourself with your kindergarten analysis.

The bolded shows you have never been under paid employment in your entire life

You could have cured your foolery and stark ignorance by taking a walk to the nearest state ministry or local government council where you reside and ask how much a level one civil servant earns
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by HRMK: 9:05am On Jun 02
BOTH NLC AND TUC ARE NOT SERIOUS!
ASKING FOR ANY MINIMUM WAGE THAT IS OVER 100K MAKES NO SENSE!400K BAWONONSENSE!
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by Chicagograduate(m): 9:27am On Jun 02
dollar124:


I swear you sound like a big fool. Which lawmakers are earning 30m monthly? And additional sitting allowance? I wonder who is brainwashing you with such figures
Are you a lawmaker?Why are you irrational about it?
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by faceland: 9:28am On Jun 02
jamafa:


Maybe Government should start selling fuel in dollars, since u want FG to start paying them in dollars.

High minimum wages will lead to inflation, nah d masses go suffer it.

If dem no go work, FG will still pay them. Since the pay is small, why are they replacing themselves with thier children??

Alot of qualify youths are outside looking for work.


One year ago when he assumed office, naira was 650 to dollars, today it is over 1500 (more than double). So if you save for a year, your purchasing power is equal to someone taking 56% of you total sweat.

Not a bad idea to dump the naira that is killing people.

Yes, the pending inflation is giving me nightmares. Unionized civil servants would never give up their easy jobs (why most don't fit in the private sectors or business, especially after retirement).
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by Barimx: 9:54am On Jun 02
seunmsg:


Do you have a business? Can you pay your least worker N494k? How many private schools, hospitals, restaurants etc can pay a minimum wage of N494k?

Abia state is a Labour Party state. It is one of the state that is yet to fully implement the N30k minimum wage since 2019. How will Abia state pay a minimum wage of N494k? Make it make sense.


Labour’s demand is unreasonable and unrealistic. It’s time for them to stop playing politics and make a sensible proposal. Anything above N100k is unrealistic.


You are cr*zy
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by siaco(m): 10:10am On Jun 02
Omenlon:
if you peg minimum wage to 250k, what will be the take home pay of the worker? Some of you don't even know what is minimum wage and take home pay. Besides, have you consider the private sector? How many private establishment can pay 250 as a take home pay not to talk of minimum wage. How much do you pay for your children school fees that you will expect the proprietor to pay his teachers 250k a month.

When FG is making policies that is negatively affected economy did they consider that some people are working in private sector.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by adejades: 10:25am On Jun 02
Comments like this are disheartening. This is a negotiation bro. Government will be foolish to pay 400k, but if the country can afford it, why not? Our annual budget is 27.5Trillion. Government should be reasonable in their proposal. 100-120k would be at least a manageable figure.

They should also plug their excesses, their body language should show that we're all in this together. Not importing cars worth billions on borrowed money when there are local alternatives, choking everyone with taxes and all.

No family (family of 3) can survive 1 week on 60k even if you live in the village.

helinues:



Even if you slashed the executives and legislatives take home, it won't still catch up with the ridiculous amount labour is demanding.

Their N494,000 is the basic salary, how much would those in level 16 be earning monthly?
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by Honestey: 10:26am On Jun 02
richiemcgold:
Both the labour and the federal government are not serious. The amount being proposed by the FG is too meagre and labour's proposed amount is too outrageous.

I think a minimum wage of N100k for states and N125k for federal workers is fair enough.



Because state workers are less human right?
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by phemsie(m): 10:31am On Jun 02
kingreign:


Stop being foolish by half. Why can't the executive and legislature slash their take home pay?

U are the one being foolish, so even if the executive and legislatives slash their salaries, will that be enough to pay 494,000 to level 1 salary earners. What about level 16 earners for all ministries, department and government agencies. Or u think they will all be earning 494,000. . I shake my head in despair.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by adejades: 10:34am On Jun 02
You should educate yourself on the concept of minimum pay rather than throw words you do not understand. Yes, organizations are supposed to pay people using the minimum wage as a benchmark.

In the private sector which is unregulated, some pay their new staff in some junior roles the exact minimum wage, no addition (like security, cleaners etc). Some of them even pay below. I have seen cleaners earn 20k as salary as at today!!! Is that not wicked?

The current request by labour is negotiable. Govt. should meet them somewhere, 60k is nothing to write home about.

Inflation is already out there, caused by govt. and their policies, why should the average worker be the one to suffer?

Atiku, Obi, Tinubu, they are all the same!!! Pay people what is due or go to hell, wicked politicians across all levels!!!

Omenlon:
politics has really blinded your sense of reasoning, no doubt. In the first place, is minimum wage your take home pay? When they say 30k minimum wage, who goes home with 30k as civil servants in Nigeria? If minimum wage is 60k, the least paid worker take home pay can get to 130k to 150k. If you haven't be employed before don't fool yourself with your kindergarten analysis.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by adejades: 10:38am On Jun 02
Don't you think their (OPS) fight should be with the government and their policies and not minimum wage. Why should the average man always be asked to manage and continue suffering while others feed off them?

Omenlon:
maybe some of you think only civil servants are the ones in employment. You people don't consider the private sector. How many companies can pay 100k minimum wage with all the challenges they are facing in trying to stay afloat in business.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by richiemcgold: 10:40am On Jun 02
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by udeh3(m): 10:42am On Jun 02
Just last month, my tfare from Berger to Ikoyi, not even Lekki to and fro was over 75k. No feeding yet, rentage, family upkeep, etc

Sometimes, I just laugh when people talk.

As at 2014, if you earn 60k, you're doing well cos even 50kg rice was below 15k. So, your family can feed fine and also save for the future. Fast forward to this day, if you earn less than 250k, you're a pauper. The question is, how many Nigerian workers are being paid up to 250k monthly?

What labour is asking for isn't unrealistic. If in 2014, a litre of PMS was N89 and now, it's over N600, please do the percentage increase on that commodity alone, so, why should the earnings not be proportional. Go check out budget then and now, check the percentage increase in our National budget, but, when it comes to buying salaries, the workers are always told to sacrifice. As we speak, Nigeria is embarking on a road project of over N15tr
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by countryman13: 10:42am On Jun 02
kingreign:


Stop being foolish by half. Why can't the executive and legislature slash their take home pay?
Imagine less than 600 people holding more than 200millions people to ransom! What d lawmakers are collecting is inversely proportional to the work they do.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by kingreign(m): 10:53am On Jun 02
phemsie:


U are the one being foolish, so even if the executive and legislatives slash their salaries, will that be enough to pay 494,000 to level 1 salary earners. What about level 16 earners for all ministries, department and government agencies. Or u think they will all be earning 494,000. . I shake my head in despair.

You lack wisdom and proper thinking ability so no need to engage you in proper analysis that will require you to exercise your thinking ability.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by Tobijah2: 10:59am On Jun 02
Labour should be realistic with it's demand, 494k demand for minimum wage is not possible and they know that. Fg should step up at least 80 to 100k. Embarking on strike action wouldn't solve the already existing problem.
As labour union is fighting for it's pocket, who will fight for the traders and the common men who are not part of labour union?
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by bayelsaowei(m): 11:00am On Jun 02
Let the FG float the minimum wage.

Let it be floating along with the fluctuations in FX and price of gasolin3/diesel.

You can t float those other components of the economy and leave minimum wage stagnant..who does that?
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by triplechoice(m): 11:10am On Jun 02
seunmsg:


Do you have a business? Can you pay your least worker N494k? How many private schools, hospitals, restaurants etc can pay a minimum wage of N494k?

Abia state is a Labour Party state. It is one of the state that is yet to fully implement the N30k minimum wage since 2019. How will Abia state pay a minimum wage of N494k? Make it make sense.


Labour’s demand is unreasonable and unrealistic. It’s time for them to stop playing politics and make a sensible proposal. Anything above N100k is unrealistic.

Minimum wage is not for all private businesses in Nigeria. There are lot of exemptions in the private sector. So not all of them pay it. Private businesses with less than 25 staff in their payroll are exempted from paying.

You have called the 494k unrealistic. But what of government's 60k? Is that one realistic to you?
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by triplechoice(m): 11:21am On Jun 02
Omenlon:
maybe some of you think only civil servants are the ones in employment. You people don't consider the private sector. How many companies can pay 100k minimum wage with all the challenges they are facing in trying to stay afloat in business.

Only a few in the private sector are paying minimum wage in Nigeria and that's because of the exemption most of them enjoy under the law.

Some large scale enterprise are already paying more than 100k to their lowest paid staff: those in the oil and gas , communications
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by triplechoice(m): 11:24am On Jun 02
sheDD:
is not
It will have a snowball effect on our economy

Things will become more expensive than they are

I wish I can say more
So what you're saying then,

Minimum wage should not be reviewed at all?
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by triplechoice(m): 11:29am On Jun 02
Doyin2:


A child is better than a mumu commenting.

The law is meant for minimum wage and not living wage.

It is not about what the employees want but what the employer can afford.


You people are very funny.
What's minimum wage and what's living wage?

And why is the government trying to fix minimum wage?
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by delkuf(m): 11:32am On Jun 02
RoyalUc:


Please don't be offended and forgive his "ignorance." Could you please give us the accurate amount they earn as salary and allowances?
Too much brain nor go kill you
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by delkuf(m): 11:37am On Jun 02
Doyin2:


So if the executive and legislature slash their salary,that will cover N9.5trillion wage bill?

Mumu.

why won't it cover. Do you what this guys take.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by RepoMan007: 11:37am On Jun 02
That's a lot of burden o.
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by delkuf(m): 11:40am On Jun 02
Doyin2:


A child is better than a mumu commenting.

The law is meant for minimum wage and not living wage.

It is not about what the employees want but what the employer can afford.

so because it fo minimum wage, that is why the government is offering 60k with what is on ground.. I don't know what else to say
Re: FG Rejects ₦‎494,000 Wage Demand, Warns Of ₦‎9.5 Trillion Economic Burden by olaniyilukman(m): 12:12pm On Jun 02
kingreign:

Let the FG be realistic for once, hyper inflation has killed the value of the naira, yet, the take home earning of middle class and low income earners are nothing to write home about. Let the FG be realistic and the labour Congress will be realistic.
when the useless government devalued the naira, didn't he envisage that something of this nature will happened, currency devaluation and fuel subsidy removal will automatically collapsed Nigeria economy

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