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Nairaland Forum / Nairaland / General / Politics / Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years (37562 Views)
Otti Approves ₦70,000 Minimum Wage For Abia Workers, Payment Begins October / Obaseki Increases Minimum Wage To ₦70,000 From ₦40,000 In Edo / FG To Review Wages, Allowances For Governors, Others (2) (3) (4)
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Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by seunmsg(m): 4:32pm On Jul 18 |
mrvitalis: Considering the economic situation and capacity of employers of labour in the country to pay, this is not bad. Left to state governments and organized private sectors, something way below 70k would be approved. Labour knows more than you and that is why they are praising the President for this kind gesture. 2 Likes |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by doncartel: 4:32pm On Jul 18 |
This is unacceptable. Even a plate of rice at Aso rock is about 300k going by the last budget. Nigerian Labour Congress should accept nothing less than 100k or embark on strike. Go and see European leaders riding bicycle and living in 3 bedroom apartment just to identify with the masses. |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by 3kay945(m): 4:32pm On Jul 18 |
Kobojunkie: I realised this, a long time ago. |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Deefirm: 4:32pm On Jul 18 |
You should be ashamed of yourself. LegendHero: |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by ElSudani: 4:33pm On Jul 18 |
Meerahbel: This Ai generated response is not what I was looking for. There's a reason the government did not accept the 250000 asked for by the labor unions. Did you think the government just didn't want the people to have more money in order to spite them? In some cases, higher wages can even lead to: - Increased consumer spending (boosting economic growth) - Reduced employee turnover (saving businesses recruitment and training costs) - Improved productivity (offsetting higher labor costs) Isn't it why I said the government should now encourage more local production? 2 Likes |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by BondRiv: 4:34pm On Jul 18 |
vanbonattel: All you guys know is the president and that is why Nigeria is the way it is. Other elected officials, including your governor are busy doing nothing. 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by seunmsg(m): 4:35pm On Jul 18 |
Meerahbel: I am not very familiar with the salary structure of university lecturers. 3 Likes |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by lereinter(m): 4:35pm On Jul 18 |
Edo governor gave dem the problem |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Hushpuppy20(m): 4:36pm On Jul 18 |
It is a realistic figure to be precise, based on our level of economic 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by HALCYON44: 4:37pm On Jul 18 |
I bet if so many kids and illerates adult here know what is called Economic recession. United Kingdom announced in 2022 before many countries started declaring also including Asian countries and many more hence the major reason why the government have no choice than to remove subsidy and devalue naira. Although I don't support that move but government has no other means since the zombies in Banana republic keep sabotaging the government effort to increase the amount of crude oil on daily sales. Here we are the same set of people that lack leadership will still come and cry that the inflation is over 300%. Don't worry by the time it reaches 900% you will understand that their is only 1 God. Go to western countries and experience the amount of inflation rates then you will understand that Nigeria is still learning. Anyways the government must be 100% ready to continue to alleviate the level of poverty in the country and reduce hunger to the minimum level. 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Meerahbel: 4:37pm On Jul 18 |
seunmsg:Okay |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by senatordave1(m): 4:38pm On Jul 18 |
Meerahbel: How many are paying the present 30k 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Meerahbel: 4:38pm On Jul 18 |
ElSudani:Local production? When we cannot boast of adequate power supply. 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by press9jatv: 4:39pm On Jul 18 |
Meerahbel:yes soo. It’s very unfortunate that the fuel in the Nigeria market is highly inflated and not affordable. Very unfortunate situation 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Meerahbel: 4:39pm On Jul 18 |
oloriooko:Are you not a Nigerian? 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by GrandBroz: 4:40pm On Jul 18 |
vanbonattel: It's not reasonable to always compare wages with a bag of rice. If you buy a bag of rice, how many months will it take you and your small household to finish that bag of rice or are you going to be buying a bag of rice every month. 3 Likes |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by phemray(m): 4:41pm On Jul 18 |
mrvitalis: Lolz, it's simple now. Minimum wage is the least anyone can collect as a worker but not maximum. You are not expected to spend above your level. So for someone, for example, in a village in a Local government;, 70k is a good money because I saw someone trading with 20k total. If you are in the city and collecting 70k well you have to manage it by your level. 2 Likes |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Pootle: 4:41pm On Jul 18 |
with all the noise na 70k e end |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Blazetrailer: 4:41pm On Jul 18 |
LOL!! Labour leaders applauded?? I don't want to believe this.....its from Bayo Onanuga, so there must be an element of lies in it. |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by KINGsXchange(m): 4:42pm On Jul 18 |
BigYash: Lol omo werey |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by ElSudani: 4:43pm On Jul 18 |
Meerahbel: When you encourage local production it also means the government will pay attention to all factors that will bring that about. Incentives to new businesses, power and every other reasonable things you can think of. 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by arsenal33: 4:43pm On Jul 18 |
mrvitalis:it has to be a wage every employer including the private sector can pay 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Blazetrailer: 4:44pm On Jul 18 |
Whenever I read a Nigerian stating that the government had no other choice but to devalue the Naira, I just give up any hope of the country getting better. The citizens are more stupid than their leaders HALCYON44: |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by ElSudani: 4:44pm On Jul 18 |
phemray: God bless you. |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Exceed15: 4:44pm On Jul 18 |
LegendHero: Looooooool |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by WorkaholicB(m): 4:44pm On Jul 18 |
fergie001: The Labour leader applauded the president for approving money that can barely carry workers beyond 2weeks? Indeed labour is just a toothless bulldog. Now how many company will accept to pay this money? |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by T2SSpace(f): 4:46pm On Jul 18 |
Nonsense...I can't say I'm surprised though. 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Theoarhics: 4:46pm On Jul 18 |
MrProlific95: Not even up to |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Exceed15: 4:47pm On Jul 18 |
Bad advice. Ndume is right. |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Kobojunkie: 4:47pm On Jul 18 |
press9jatv:Slave wage is realistic? Interesting take! The International extreme poverty line is set at $2.15 a day meaning one would need to earn at least $64.50 each month to be considered living just above OK in poverty. Your government just made sure that over 140 million Nigerians will remain under the extreme poverty line for many years to come by this decision in fulfillment of his campaign promise to reduce the purchasing power of all Nigerians whom he also intends to drag in his tax net. And you applaud this? |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Cj4charles(m): 4:48pm On Jul 18 |
LegendHero:na Alex Otti increase Fuel, Electricity tariff, dollar or the inflated tax on import duties.... Fela called you people Zombie, and it wasn't a mistake 1 Like |
Re: Tinubu Approves ₦70,000 Minimum Wage, To Review Wages Every Three Years by Exceed15: 4:48pm On Jul 18 |
Kobojunkie: You are minding the brainwashed fellow. |
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