gebest:
it will run for another 6 months, before national assembly will now pas it, another 6 months, before implementation, another 6 months, so lets wait till 2019 before dey will manage add just 3000 makin minimum wage to be 22,000.

You sabi them.

stinggy:
I don't even want this salary increment. What I want is for prices of goods and services to drop down drastically, while the exchange rate return to the #100 region(almost impossible).
Secondly, salary harmonization between ministries and parastatals - the difference is just to much!

If the new salary increment is approved, believe me we'll buy bag of rice for 50k in Nigeria. Traders know how to milk people dry just because of salary increment.

GBAM!

#2edgedsword

Lolzzzzz... 29-man committee to review a wage demand? Dis govt is only jus fooling d pppl it's fool and playing delay and distract with Nigerians. One would have expected dem to slash d high cost of governance starting from d executive and den d Senate would b forced to follow suit. Billions in so many state house nonsense.. What happens wen d 29 musketeers eventually submit a report on how any salary is not sustainable at d moment? Becos we know wateva report dey com out with, dis govt isn't increasing salary.. I see dem proposing a salary increase by next year to b used as campaign promise and point...

Our lawmakers in Nigeria are the highest paid in the world and they earn perhaps 20 times or more what the president of the U.S. is earning.
These only justify the allusions in several quarters that the Nigerian democracy may after all be Achilles heel of the economy and make a mess of whatever economic blueprint of the government.

Nigeria’s political restructure is overdue for restructuring, statistics shows that political office-holders in the country, who constitute less than one per cent of the country’s population, appropriate over 40 per cent of the nation’s public resources.

By the way, we are supposed to have wages and productivity commissions. What do they see as their mandate? It is certainly not good and progressive for government to discuss wage increases only after the unions have started agitating. It is of utmost importance to progressively effect wage increases that would guarantee that the quality of life of the generality of its workers is sustained.

Our currency doesn't have value, if them like let it be 1 million is still d same thing. bring this country out of recession first. berfore adding salt to injury.

I'm not against the increase in the minimum wage. What aches my heart is the services delivered by public servants. 90% of public servants don't want to add value proportionate to their salaries! They resume when they feel like, take breaks when they feel like, close when they feel like, absent without permission, demand gratification for what they're paid to do... the list of the atrocity they commit is endless. Some are not even competent in what they do! It's just money! Money!! Money!!! No one talks about adding value to the public sector!

My submission,
In as much as I support minimum wage increment, I would suggest the FG set up a 58 man(2*29) panel to set up modalities on a quality check on public service delivery!

When it comes to talking, Nigerian politicians move at the speed of light, but bring it down to implementation, you'll be amazed at the snail movement. Besides, with the current situation of things, the proposed wage will solve just an inch of the problem, unless they intend to get serious with the price control policy (which is still on hibernation the last time I checked)

toyinjimoh:
welcome development, God bless PMB

God bless who..............

When salaries are increased, every sector of the economy will be positively rejuvenated. The market women, traders, industrialists, and all manufacturers will be positively touched. This is why advanced countries always pay higher wages for workers unlike African countries who think they are doing them a favor by adding to their salaries.
We need to change our mentality.

DropShot:
Na wa for jobless kids on nairaland ooo.

We can't even have any sensible conversation on any national issue except talking trash.

If the govt refuses to listen to labour demand, they wail and curse. The govt is listening and trying to implement labour demand, they condemn and talk trash still.

Which kain useless generation be this?

I wonder o. is either many of them are not gainfully employed or agent of past adminstration.

Pls what is d heading, Minimum wage increase or budget analysis or prison decongestion

Truth234:
The Federal Government on Wednesday approved a 29-member tripartite committee on a new minimum wage being clamoured for by the workers.

The Minister of Labour and Employment, Chris Ngige, disclosed this to State House correspondents at the end of the weekly meeting of the Federal Executive Council presided over by the Acting President, Prof. Yemi Osinbajo.

Ngige said the approval came after an extensive deliberation on the report of a technical committee on the issue, which he chaired.

“The matter needs to be thrashed out by all stakeholders, because already, employers under the umbrella of the Nigeria Employers’ Consultative Association have rejected the N56,000 minimum wage proposal,” the minister said.

The tripartite committee will be chaired by a seasoned technocrat appointed by the Federal Government, which will also nominate five of the members, while six state governors will also be members.

The Minister of Budget and National Planning, Udo Udoma, said the 2017 Appropriation Bill, which the National Assembly transmitted to the Executive last Friday, was still undergoing analysis.

Udoma explained that at the end of the analysis being carried out by all ministers, recommendations would be made to the President.

“When the budget is approved, we first analyse it, review it and then make our recommendations to the President. We are working hard, we are still in the analysing process and getting inputs from the ministers,” he said.

The minister described the Gross Domestic Product figures released by the National Bureau of Statistics on Tuesday as encouraging and an indication that the government’s interventions were working.

“This is the best figure released in four quarters and there is still enough time to make more efforts to stimulate the economy,” Udoma stated.

He said the government would continue with the implementation of the Economic Recovery and Growth Plan.

Udoma added, “We believe that the interventions we are making and the steps we are taking are in the right direction.

“The results that were released were for one quarter. There are still three quarters and we have enough time to do better; we will work hard to continue to stimulate the economy to meet our target.”

The Minister of Interior, Abdurahman Danbazzau, said Osinbajo directed that a proposal for the decongestion and expansion of prisons as well as the establishment of six ‘half-way houses’ across the country be presented to the National Economic Council for more inputs.

He noted that some of the prisons in the country were 100 years old, adding that deplorable prison conditions were worsened by the fact that 70 per cent of inmates were awaiting trial, while five per cent of the remainder were on death row.

http://investorsking.com/fg-okays-29-member-panel-on-n56000-minimum-wage-demand/

Long overdue.

olujastro:
56k? I laugh in Hebrew.
Even a tiny increase of the National minimum wage to N18,050 won't work in a country where state governors would loot bail out funds instead of paying workers who have laboured for their salaries. Why will Bayelsa with huge allocations owe salaries? Develop the state, No way. Pay salaries, no way. But spend millions on celebrating the governor's birthday with excess Ogogoro, Yes oh!
Or is it Fayose who's hiding billions of Dasuki loot but can't pay 7 months salary despite bail out that'll now pay 56k? Surprisingly, people hail him on nairaland.
For now, 56k though justified, honestly kolewerk.

WICKEDNESS

eagleeye2:
If it concerns their pocket, nobody will set up a panel. But since it is civil slaves they must deliberate and calibrate.

You understand the dynamics but not only in politics....