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Is Increase In Minimum Wage The Answer To Our Problems In Nigeria? - Politics - Nairaland

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Is Increase In Minimum Wage The Answer To Our Problems In Nigeria? by largie(f): 7:45pm On Feb 21, 2009
I really don't think raising the minimum wage should be the focus of our labour leaders.I would want to think that enforcing the provision of the basic human needs at affordable cost to the masses is better.If these things are readily available for the people then the little anyone is paid will still go a long way.Or is it that i don't understand how things work.
Re: Is Increase In Minimum Wage The Answer To Our Problems In Nigeria? by jamace(m): 9:42pm On Feb 21, 2009
Increase in salary is not the ultimate solution to our problem but is a part of the solution to the problem. The civil servants can no longer meet up with the basic responsibility of providing for themselves and their families. What is the minimum wage in Nigeria and what is the maximum wage? Compare #7,500 with about #3,000,000 per month. Bear in mind that both are rendering services to the nation in their own capacity. Remember also that those with the minimum wage have no special allowances to boost their financial power while those that earn the maximum have allowances and other benefits which are 10 times more than the minimum wage. Meanwhile, both have families to care for. Again, the present economic down turn makes the minimum wage in Nigeria grossly inadequate and therefore requires an upward review. In another dimension, the gratuity of those with minimum wage after serving the nation for 35 years is not upto one third of the monthly basic salary of those with the maximum. Just like you said, those who collect the maximum are enthrusted with providing facilities and infrastructure for all, but have they been doing so, and optimally? Nope. Legally, it is right for labour to negotiate for upward review of salaries and wages with their employers from time to time. Therefore, it is in order for labour to request for upward review of their salaries and wages.

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