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Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 (30801 Views)

Obaseki Increases Minimum Wage To ₦‎70,000 From ₦‎40,000 In Edo / Obaseki Increases Minimum Wage To N40000, Reduces Workdays To Thrice A Week / Governor Obaseki Increases Minimum Wage To ₦40,000 In Edo (2) (3) (4)

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Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by MeanChris(m): 10:08am On Nov 27, 2018
President of South Africa Cyril Ramaphosa said the wage, which would come into effect January 1, 2019, would benefit about six million workers that currently earn R3,700 (N97,495).


South Africa has increased its minimum wage to N126,480 per month. The news is coming at a time Nigerian workers are uncertain their struggle for a N30, 000 minimum wage would yield result.

The Global Wage Report 2018/19 released yesterday reveals that the world’s wage growth also hit a 10-year low, the last of its kind being in 2007.

President of South Africa Cyril Ramaphosa said the wage, which would come into effect January 1, 2019, would benefit about six million workers that currently earn R3,700 (N97,495).

One South African Rand exchanges for N26.35. This means South African workers would be earning N527 per hour: N4,216 per day and N126,480 per month. Their Nigerian counterparts currently earn N75 per hour, which is N600 per day (at eight working hours per day) and N18,000 per month.

Paid N30,000 as minimum wage, Nigerian workers would be earning N125 per hour or N1,000 per day, which amounts to N30,000 monthly.

Compared, a Nigerian worker would be earning less than a quarter of what the South African takes home monthly.

Nigeria Labour Congress (NLC) President Ayuba Wabba said labour would soon meet to draw up a timetable within which government would be expected to conclude work on the new wage.

A report containing the resolution of a tripartite committee on a N30, 000 minimum wage was submitted to President Muhammadu Buhari recently.

Wabba, who spoke at the opening ceremony of NLC’s yearly Harmattan School in Abuja yesterday, however, declined to reveal the timeline. He hinted that the National Administrative Council of Congress would take a decision during its next deliberation, which might hold next week.

The ILO report finds that in real terms (adjusted for price inflation), global wage growth declined to 1.8 per cent in 2017 from 2.4 per cent in 2016. The findings are based on data from 136 countries.

In analysing wage growth, the report finds that in advanced G20 countries, real wage growth declined from 0.9 per cent in 2016 to 0.4 per cent in 2017. By contrast, in emerging and developing G20 countries, real wage growth fluctuated between 4.9 per cent in 2016 and 4.3 per cent in 2017.

In his reaction to the finding, the Director General of ILO, Guy Ryder, said: “It’s puzzling that in high-income economies we see slow wage growth alongside a recovery in GDP growth and falling unemployment. And early indications suggest that slow wage growth continues in 2018.

“Such stagnating wages are an obstacle to economic growth and rising living standards. Countries should explore, with their social partners, ways to achieve socially and economically sustainable wage growth.”

The report notes that in the last 20 years, average real wages have almost tripled in emerging and developing G20 countries, while in advanced G20 countries they have increased by just nine per cent.

In many low and middle-income economies, however, wage inequality remains high and wages are frequently insufficient to cover the needs of workers and their families.

The report calculates gender pay gaps in innovative and more accurate ways, using data covering some 70 countries and about 80 per cent of wage employees worldwide.

It also finds that globally, women continue to be paid approximately 20 per cent less than men. “The gender pay gap represents one of today’s greatest manifestations of social injustice and all countries should try to better understand what lies behind them and accelerate progress towards gender equality,” said Guy Ryder.

The report further finds that in high-income countries, it is at the high end of the pay scale that the gender pay gap is wider; while in low and middle-income countries the gender pay gap is wider among the lower paid workers.

According to econometrician and wage specialist at the ILO and one of the authors of the report, Rosalia Vazquez-Alvarez, “The gender pay gap represents one of today’s greatest manifestations of social injustice.”

Evidence, according to the report, shows that even before women reach motherhood, there is already a pay gap. This therefore suggests a need to combat stereotypes and discrimination at the point of entry into the labour market



http://saharareporters.com/2018/11/27/nigeria-struggles-n30000-south-africa-increases-minimum-wage-n126480

11 Likes 3 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by baliyubla: 10:17am On Nov 27, 2018
See the dullard being reluctant to increase minimum wage from ordinary $50 (18k) to $83 (30k), While South Africa that is already on a whooping $270 (97, 495) minimum wage, went on to increase it to $350 (126, 480) without any farce.

The irony is the South African politicians can't hold a candle to what the Nigerian politicians earn.

Giant of Africa my black ny..h. The recessionist must be stopped at the polls. Nigerians deserve better.

233 Likes 19 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Realdeals(m): 10:29am On Nov 27, 2018
Many Nigerians are slave to their leaders, they defend their oppressors. Where are the inflation criers that condemn Sowore's N100,000 living wage plan.

In his reaction to the finding, the Director General of ILO, Guy Ryder, said: “It’s puzzling that in high-income economies we see slow wage growth alongside a recovery in GDP growth and falling unemployment. And early indications suggest that slow wage growth continues in 2018.

Such stagnating wages are an obstacle to economic growth and rising living standards. Countries should explore, with their social partners, ways to achieve socially and economically sustainable wage growth.”

The report notes that in the last 20 years, average real wages have almost tripled in emerging and developing G20 countries, while in advanced G20 countries they have increased by just nine per cent.

In many low and middle-income economies, however, wage inequality remains high and wages are frequently insufficient to cover the needs of workers and their families.

92 Likes 5 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by wristbangle: 10:30am On Nov 27, 2018
I now understand why a scripture in the bible says "Jesus Wept" cry

68 Likes 3 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Racoon(m): 10:31am On Nov 27, 2018
Shame on the present crop of irresponsible Nigerian leaders @ the presidency, governors, ministers, NASS

65 Likes 1 Share

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by obonujoker(m): 10:31am On Nov 27, 2018
How exactly is Nigeria the giant of Africa??.

113 Likes 8 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by DeOTR: 10:33am On Nov 27, 2018
Nigeria is not qualified to be called a country.
#30000 can't even feed a single mouth for month and the so called Governors, who were voted into power to run the affairs of the state and ensure the utilization of the vast resources available are saying they can't pay unless states start getting larger shares of Federal allocation.
Are they elected only to receive money from Abuja?
You see the problem with our brand of federalism?

97 Likes 7 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by millhouse: 10:34am On Nov 27, 2018
obonujoker:
How exactly is Nigeria the giant of Africa??.
Giant in killing each other

33 Likes 1 Share

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by NaijaRoyelty: 10:35am On Nov 27, 2018
And some suffer and smiling Nigerians still want the useless man back in 2019.

113 Likes 9 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by chinjo(m): 10:40am On Nov 27, 2018
I weep for Nigeria my country.

10 Likes

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Ventura1: 10:47am On Nov 27, 2018
Weep no more Nigerians, the solution is here and he's Omoyele sowore of AAC, we can't afford to postpone our redemption by another 4 years, it may be too late..

100 Likes 12 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Ihaveleftnaija: 10:49am On Nov 27, 2018
And some idiot will come online and ask why South Africans don't travel out as much as other Africans for hustling undecided...here is your answer. What the hell will they be looking for outside of South Africa when they are paid good money at home, have access to piped water and 24hrs of power even in villages . We travel out of desparation just to get half of what they enjoy because our wicked leaders can't copy anything good , just evil deeds. South African kids from primary to secondary get two nutritious meals everyday not beans and water . The worst part is that South African politicians earn a quarter of what our own get. Nigeria looks cursed I swear embarassed.

151 Likes 12 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Olatunji1929: 10:52am On Nov 27, 2018
Nigeria na country?

19 Likes

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by DeWisedon(m): 10:57am On Nov 27, 2018
and some f*ols will come here now to blame the church because they built auditorium,

Help me ask daddy freeze if it is the duty of the church to buy weapons for Nigerian army?

Time for Jubrin to go

52 Likes 3 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Warship: 11:42am On Nov 27, 2018
Is Nigeria a country.?
If human jungles are being countered, that is when you can include Nigeria.

10 Likes

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by fergie001: 11:52am On Nov 27, 2018
It is finished........

2 Likes

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by mrvitalis(m): 11:57am On Nov 27, 2018
baliyubla:
See the dullard being reluctant to increase minimum wage from ordinary $50 (18k) to $83 (30k), While South Africa that is already on a whooping $270 (97, 495) minimum wage, went on to increase it to $350 (126, 480) without any farce.

The irony is the South African politicians can't hold a candle to what the Nigerian politicians earn.

Giant of Africa my black ny..h. The recessionist must be stopped at the polls. Nigerians deserve better.

What's the budget of South Africa?

5 Likes

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Larryfest(m): 12:01pm On Nov 27, 2018
No labour fight or strike before it was increased but over here the case is different, abeg i think it's high time this country is sold..

15 Likes 1 Share

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by orisa37: 12:04pm On Nov 27, 2018
Labour Groups in Nigeria are illiterates. They know nothing about Restructuring for Productivity, Costs and Incomes Policy Design and Bargaining.
They watch The Legislators cat away N10million monthly and the best of our University Professors N6million annually (N500'000monthly).
They are never tired of arguing with dead Ministers and Prime Minister. They don't even know the meaning of Placards carrying. Instead of joining to carry the National Crusade to grant Full and unfettered Autonomy to our 36 States and limit the Responsibilities of F.G to Foreign Affairs only, to NASS and the Judiciary, in Fury and with Seriousness, they just sit down dey look mismanagement of Funds everywhere. Couldn't they have challenged the $360million Abacha Loot Recovered to be shared equally by our 36 States for Designed Production Programme instead of being relooted and shared to unknown Almajiris?

38 Likes 2 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by marviessss(m): 12:07pm On Nov 27, 2018
dnt criticise nigeria o,the workers populatin in sa is 6m,whereas,i even heard dat nigerian worker sackd ws like 8m

4 Likes 2 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Bizmagnet: 12:13pm On Nov 27, 2018
There is no minimum wage for workers in Nigeria. Only politicians collect both minimum and maximum wage together.



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4 Likes

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by SingleWahala(f): 12:13pm On Nov 27, 2018
lipsrsealed
Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by cnnamoko(m): 12:13pm On Nov 27, 2018
Why must you remind me on how useless this country is?

Instead of Biafra i think we should beg the whites to recolonize us again. Maybe we will pass this time around

25 Likes 2 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by abescom: 12:13pm On Nov 27, 2018
Ihaveleftnaija:
And some idiot will come online and ask why South Africans don't travel out as much as other Africans for hustling undecided...here is your answer. What the hell will they be looking for outside of South Africa when they are paid good money at home, have access to piped water and 24hrs of power even in villages . We travel out of desparation just to get half of what we enjoy because our wicked leaders can't copy anything good , just evil deeds. South African kids from primary to secondary get two nutritious meals everyday not beans and water . The worst part is that South African politicians earn a quarter of what our own get. Nigeria looks cursed I swear embarassed.
Have you and your kind ever sat down to consider what the cost of living in SA is compared to what's obtainable in Nigeria?

2 Likes 1 Share

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Moreoffaith(m): 12:14pm On Nov 27, 2018
lols
Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by abescom: 12:14pm On Nov 27, 2018
baliyubla:
See the dullard being reluctant to increase minimum wage from ordinary $50 (18k) to $83 (30k), While South Africa that is already on a whooping $270 (97, 495) minimum wage, went on to increase it to $350 (126, 480) without any farce.

The irony is the South African politicians can't hold a candle to what the Nigerian politicians earn.

Giant of Africa my black ny..h. The recessionist must be stopped at the polls. Nigerians deserve better.

You call someone a dullard but do not know that SA's cost of living is way higher than that of Nigeria.

When you can rent a house in Nigeria for 450K per year, in SA that will be the price of just 4 months rent.

But off course you lot won't bother about that because of hate.

17 Likes 2 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Fuckdamod: 12:14pm On Nov 27, 2018
God punish anyone that supports and votes buhari
May they all die angry

10 Likes 1 Share

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by VIPERVENOM(m): 12:14pm On Nov 27, 2018
Don't let those figures fool you. That 126k in Rand might just be the equivalent of 30k naira if u know what i mean.

8 Likes 2 Shares

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by killdiabetes(f): 12:14pm On Nov 27, 2018
We will get there someday






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Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by Pavore9: 12:15pm On Nov 27, 2018
Nigeria is truly"broda agbaaya"! angry

4 Likes

Re: Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 by wittyt98(m): 12:15pm On Nov 27, 2018
Ni "Ji ri ya" cry

9 Likes

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