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Minimum Wage Above N22,500 Will Lead To Inflation, Says Group - Politics - Nairaland

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Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by ManirBK: 12:15pm On Nov 03, 2018
The Centre for Credible Leadership and Citizens Awareness yesterday appealed to organised labour to accept the N22,500 being offered as minimum wage by state governors in the overall interest of the country, saying shutting down the country will only have negative effect on the already suffering masses.
Director General of the centre, Dr. Nwambu Gabriel, who said he was speaking for a coalition of over 79 civil society organisations, said anything above the figure being offered by the governors will lead to inflation.

He added that the burden of paying salaries is on state governments, saying it is one thing to agree but another thing to be able to pay, based on the prevailing economic situation in Nigeria.

He said it is also the responsibility of Nigerian workers to ensure that the economy of Nigeria does not collapse.

He said: “As a coalition of civil society organisations, therefore, who are mindful of the degree of commitment of the average worker in Nigeria, we hereby call on the organised labour, NLC, TUC, etc, as the true, patriotic citizens of Nigeria they are, to please reconsider the N22,500 as realistic and achievable in order to avert an imminent collapse of the economy and possible retrenchment of the workforce.

“The primary responsibility of any government is beyond salary payment. Consequently, today, the 2nd day of November, 2018, may we also advise that embarking on another national strike action or a boycott of the 2019 general election, which is tantamount to disenfranchising the entire nation’s labour force, is notonly anti-democratic but will also be counterproductive to the Nigerian state.

http://saharareporters.com/2018/11/03/minimum-wage-above-n22500-will-lead-inflation-says-group
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by ManirBK: 12:15pm On Nov 03, 2018
But increment In all commodities makes the economy strong Abi?

108 Likes 2 Shares

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Luminary1: 12:15pm On Nov 03, 2018
“The primary responsibility of any government is beyond salary payment. Consequently, today, the 2nd day of November, 2018, may we also advise that embarking on another national strike action or a boycott of the 2019 general election, which is tantamount to disenfranchising the entire nation’s labour force, is not only anti-democratic but will also be counterproductive to the Nigerian state

What is the meaning of this nonsense! It's has now gotten to a point where it's anti-democratic for workers to demand for a pay raise above the meagre salary they collect that can't even feed them for a month let alone Cater for other needs, but patriotic and democratic when our so called leaders loot our present, siphon our future, gallivant around the world buying choice properties. it will never be well with the enemies of NIGERIA. Buhari made a ludicrous attempt to run for second term.

It's finished!

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by ManirBK: 12:16pm On Nov 03, 2018
And maximum wage for law makers n de executive have caused deflation? Hypocritical bigot!

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by ManirBK: 12:18pm On Nov 03, 2018
Luminary1:
It's finished!
when the state governors go steal billions in naira and in dollar E no go cause inflation oh..see people wey feel say them get sense.

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by slimfit1(m): 12:18pm On Nov 03, 2018
There is inflation because we don't have price control. I don't understand this inflation they are talking about.

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by acenazt: 12:18pm On Nov 03, 2018
Let them Come to an understanding. Governments should help bring down prices of commodities and Labour people should agree on D 22.5k

9 Likes 2 Shares

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by ManirBK: 12:21pm On Nov 03, 2018
acenazt:
Let them Come to an understanding. Governments should help bring down prices of commodities and Labour people should agree on D 22.5k
Good one bro

8 Likes 1 Share

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by VaselineCrew: 12:23pm On Nov 03, 2018
Wat about increase in minimum Gandjollar, will dat too cause inflating

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by rottennaija(m): 12:34pm On Nov 03, 2018
acenazt:
Let them Come to an understanding. Governments should help bring down prices of commodities and Labour people should agree on D 22.5k

Govt can't bring down prices of goods if they country do not produce enough. And even when they do, prices will always be high unless it's easy to transport them from one location to another.

So you need to produce enough and you need good transportation. Roads transportation are not enough for goods to be low. You need rails way, it's cheaper, faster and saves time.

The point is, govt can't just make decrees or laws to force price down, th market does it. The only thing govt can do it create an environment for local production, discourages importation and most importantly, infrastructure, railways

37 Likes 3 Shares

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by acenazt: 12:35pm On Nov 03, 2018
rottennaija:


Govt can't bring down prices of goods if they country do not produce enough. And even when they do, prices will always be high unless it's easy to transport them from one location to another.

So you need to produce enough and you need good transportation. Roads transportation are not enough for goods to be low. You need rails way, it's cheaper, faster and saves time.
true

1 Like

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by PrincessB1(f): 12:50pm On Nov 03, 2018
What inflation are they talking about?

But their hyper-stored up money won't lead to inflation of goods right?
Sorry, this statement is purely biased undecided

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by SarkinYarki: 12:54pm On Nov 03, 2018
They are very right

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by SarkinYarki: 12:57pm On Nov 03, 2018
They are very right you know..Labour needs to be realistic

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by bluecircle470: 1:01pm On Nov 03, 2018
God punish the so called Dr. Nwambu Gabriel

7 Likes 1 Share

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Nbote(m): 1:03pm On Nov 03, 2018
How does anyone want labour to b realistic wen political office holders take home a very gud percentage of each year's budget? If d govt wants to b sincere with itself let it slash it's pay and benefits of both d executive and legislature (including security votes and constituency allowances..

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Wiseandtrue(f): 1:04pm On Nov 03, 2018
Inflation Government themselves has inflated everything

Remember fuel pump price

But why does it take much deliberation if it's of benefit to the poor

Isn't it the reason these people are there in the first place

Hmmm forget the inflation just do the increment we will pass it when we get to the bridge!

14 Likes 2 Shares

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by RanayP(m): 6:53pm On Nov 03, 2018
Na so

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Demgohearword: 6:53pm On Nov 03, 2018
what inflation?
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Built2last: 6:53pm On Nov 03, 2018
Auction Nigeria abeg

It was Robbery on the part of government to increase petrol price from 87 naira to 145 without a correspondent increase in wage and salaries.

They knew price of petrol will cause inflation but they went ahead.

Labour has been benevolent enough.

Alas, the subsidy they said they wanted to end was another scam from Buhari and his gang of 40 thieves

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Realdeals(m): 6:54pm On Nov 03, 2018
Evil people everywhere

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by INFOBIZ3: 6:54pm On Nov 03, 2018
accept JESUS today, HE will save you from sin and give you hope of eternal life

12 Likes 1 Share

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Omeokachie: 6:55pm On Nov 03, 2018
Another APC group.

Buhari's pay and billions he has spent on medical bills has not led to inflation, but N22k is all it would take to drag Nigeria into inflation.

Naira was N185 to $1 when Buhari took.over government. I guess we are not already in inflation in the warped thinking of this APC group.

7 Likes

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by nabegibeg: 6:55pm On Nov 03, 2018
ManirBK:


http://saharareporters.com/2018/11/03/minimum-wage-above-n22500-will-lead-inflation-says-group


You are maaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaadddddddddddddddddddddddddddddddddd for this



Biggest lie ever told

5 Likes 1 Share

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by exlink10(m): 6:55pm On Nov 03, 2018
jokers

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Israel17: 6:56pm On Nov 03, 2018
people in power should cit down their salaries.

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Israel17: 6:56pm On Nov 03, 2018
people in power should cut down their salaries.

6 Likes

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by Patrioticman007(m): 6:56pm On Nov 03, 2018
Well for me, increasing the salary of less than 2% of the population is a class mechanism of exploiting the 98% majority. The money for the salary increment should be used to develop nuclear energy. Then free health care and schools be made mandatory every other thing will fall in place by itself. Because the private sector will grow once electricity is available, many innovations will be in place. For health we all know is wealth. Free education will give every individual an opportunity to realize his or her potential without the elite monopolizing knowledge as it is today. All the private schools with best teachers are kept for the minority children who happen to be the billionaires. It pains me when I see many churches opening private universities for the children of the rich only. Forgetting Jesus was a poor man and all his first disciples were poor people. The money changers his first enemies, are the people the Church love most. What a contradiction.

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Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by stubbornman(m): 6:57pm On Nov 03, 2018
Pay the agreed fvcking price and stop arguing

6 Likes

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by CocoaOla: 6:58pm On Nov 03, 2018
the real problem is price of commodities let government do something about it.
Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by noeloge82(m): 6:58pm On Nov 03, 2018
I think Gandollar will have answers

8 Likes

Re: Minimum Wage Above N22,500 Will Lead To Inflation, Says Group by davodyguy: 6:58pm On Nov 03, 2018
This is the simple truth.

If we're all reasonable, we would realize that salary increment is not what we need now but for infrastructure to be fixed, sound economy and low commodities prices.

At ₦18,000 more than 25 Governors out of 36 owed workers, cos they couldn't afford it with revenue drop. Why would anyone think when you increase, they would be able to pay?

Yoruba says owó tí kò sí, jedi jẹdi ọ lè gbà. Not even stomach upset can take the money that's non existent
Even at ₦18,000 if dollar exchange to ₦ is back to below ₦200, there's constant electricity, purchasing power automatically goes up.

Prices are high, you increase salaries, the sellers automatically adjusts their products prices immediately to benefit from the more money in circulation.

Only employers of Labour and sound economists would understand

15 Likes 3 Shares

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