OkpaNsukkaisBae:



Declaring emergency on agriculture won't work because of insecurity especially in the North.

larride:


The number one driver of our own inflation is FOOD. Workers spend 60% of their salary on food.

Currently to buy pepper and tomato na war. Yam, beans, garri and the likes are not smiling.

You'd think a reasonable government will declare an emergency on agriculture but alas even the Minister for Agriculture no even sabi wetin he dey do.

Input in the high cost of petrol and diesel which has made transportation even higher (this also contribute to the high cost of food) and you will see that our inflation is very easy to tackle if our government is sincere.

On this economy issue, Tinubu don fall my hand big time.

larride:


Declaring an emergency on agriculture means they have to find a way to make farmers return to farm, plant and harvest.

Without that, our food inflation is just warming up.

nihilistjnr:


You are conflating a political issue with an economic one.

Election costs millions of dollars in expenditure and alliances. Politicians must recoup. That's the unfortunate nature of the beast that there's no point arguing.

The issue here is whether trebling or quintipling minimum wage is a feasible solution to a cost of living crisis driven by inflation. There's on upper limit on the cost of goods and services, so when retailers hear that cleaners are now earing 100k, prices will go up and only find equilibrium when the purchasing power of 100k is on par with the old 30k salary...and then what happens next? Another strike?

I don't envy anybody involved because I don't think there's a solution that works for everybody on the horizon.. Nigeria is just too fückef at the current time. That's why I've been a japa proponent for a long time.

nihilistjnr:


Actually it's so many things. Exchange rate, insecurity and lack of power being chief amongst them.

I don't know if it's even possible for any of these governments to ever fix.

“The notice of strike was too short. It was given from the negotiation table and it was 48 hours or less. The approach of the current crop of NLC leaders is aggressive, arrogant, fascist and partisan. The body language is unmistakable. It is directed at bringing the government down. This NLC has no respect for the rule of law, not even an iota of decorum for democratic practices.

“If we cannot speak for the government, what about Nigerian Muslims whose lives your strike could turn into a sheer nightmare? Is this a deliberate attempt to make life uncomfortable for Muslims? Will NLC declare a strike one week before Christmas? Or is this about bringing down our Muslim-Muslim ticket? Is this part of the ‘religious war’ of ‘Yes Daddy’?

“This strike is ill-timed. It is a recipe for a topsy-turvy Salah. We advise NLC to postpone it till after the Salah. If NLC rejects our advice and goes ahead with its satanic strike, we will ask all Muslim workers who know that they will meet Allah yaom al-Qiyaamah (The Last Day) not to cooperate with NLC. They should reject the strike because it is an assault on the religion of Islam.

BlueRayDick:


Around early April , a bottle of Jameson Black Barrel Irish Whiskey is about 51k in store . That’s not Hennessy o , not Martel o.

Itsrm:


I visited someone who gave birth within the week and she was lamenting that unlike before when people give gifts, most people were giving her money.

People have calculated that 2 or 3k will not buy anything reasonable so they just give her the money

OasisX:


......that's why check and balance is relevant. Humans are the ones leading us not AI. Less down 5,000 people can't be wiser than 200m people.

If they ain't getting it right, we can call them to order.

BlueRayDick:


@ sod09 just imagine wetin prof. MURIC Dey yarn for mouth .

The guy doesn’t even care about Muslims whether rich or poor , he just wants to shamelessly act as a wing of the APC and that’s all.

He refused to talk about that fact that FG had a full year to meet with the labour union and come
Up with a reasonable revised minimum wage o; he just wants to delve into politics at all cost .

Now I think I remember the man sef. I remember he used to anchor one program on MITV that year on Sundays . I remember how my dad despite being a Muslim usually fumes at some of his extremist views on issues o live TV .

User09:


Beyond affordability, Interestingly, most people do not realize that the minimum wage affects all and not just the government.

People with drivers, maids or any form of employ under you must earn at least that minimum.

Are they willing to comply? or will they do what is and has long been predicted by neoclassical economics - which is to let go of the employee.

If the government and private sector simply were to follow the same logic - productivity/value must be in tandem with revenue - Good luck to the unemployment rate. Guess who would mostly be impacted - the very vulnerable people

Everything is politics to people, meanwhile, it is your life and earnings/affordability that is at stake here. Parroting crap and looking for corn in people's pocket without a fundamental understanding of your economy will probably solve it for you

Amigoss:
Ajaero o ni jere ,won ti te owo fun werey.......if I was in a position affected by the rubbish strike today, I go dey gbe shekpe everyday ni

So dem never agree,he dey sign ....If I hear say no be 1naira tinubu go add to the higher than 60k just to take the piss (like wenger did to the suarez buy out clause) and use tax collect am back...

TrebleChamp:
Abeg make we reduce the heat small, how do this guys stay sane after taking this heavy punches....

https://x.com/PIDOMNIGERIA/status/1797519084210495867?s=19

WhoDeyHause:

By asking tinubu and co to reason with labour congress to give us goodlooking minimum wage.
Oya come beat me.

TrebleChamp:

Itsrm:
NLC twitter handler is on fire

BlueRayDick:
See the people una want make labour dialogue with ….. smh 🤦‍♂️

larride:


This argument doesn't make sense though, if you want to earn nass member salary, resign from work and go join politics and see how easy it is to become a Nass member.

This doesn't change the fact that our NASS salary and allowances is outrageous.

afrodoc2:
[/b]

Then you are saying it makes sense.

They were not saying everybody should earn NASS salary. Their point was that NASS member income increased by 155 over the years while minimum wage increased by 10 in the same period.

WhoDeyHause:
Osanobua uwese. At least make them give us light even if na 2 secs we go manage am. The queue at the fuel stations yesterday fit make a hard man fold.

OasisX:


....Workers deserve increment no doubt but not that outrageous amount Labour Union is quoting. ₦70k is ok, then pressure should be on FG to reduce Inflation drastically.

Temporary measure should be opening of borders until we are ready to plant what we eat.

larride:


That argument would've made sense. Instead they were showing the entire NASS budget which includes their capital expenditure.

afrodoc2:


Fair enough.

There is no defense for the income of those people sha. In most other countries hand would have touched them long ago.

nihilistjnr:


We've been facing a cost of living crisis here for the last 3 years. What the UK government did would be considered suicidal in Nigeria, but they created an environment to remove money from circulation and stick to reducing inflation no matter the cost.

The consequences have been profound. Job markets have been decimated. Record number of companies have gone insolvent. Hundreds of thousands if not in the millions have been laid off. Entire councils (like states) announced bankruptcy. Birmingham City Council (the 2nd biggest in the country) went bust trying to implement equal pay between male and female staff

The cure for inflation is incredibly bitter. If Tinubu even dared to think about it, he would probably be shot on sight.