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Nairaland Forum / Nairaland / General / Politics / N30,000 Minimum Wage Will Cause Inflation – Umahi (22524 Views)
Tinubu: New Minimum Wage Will Be Fair, Implementable / NLC: Next Minimum Wage Will Be Based On Cost Of Living / ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi (2) (3) (4)
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Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by bantudra: 2:24pm On Nov 07, 2018 |
labour unions should go on strike already....this leaders are not serious atall.... |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by Omooniya1: 2:25pm On Nov 07, 2018 |
same on this yeye governors .....so civil servant cannot collect N1,000 per day...... let the inflation rise, nonsense. |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by pawesome(m): 2:26pm On Nov 07, 2018 |
So there is a state like Ebonyi? |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by chidaddy1198(m): 2:26pm On Nov 07, 2018 |
idiot |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by jamace(m): 2:26pm On Nov 07, 2018 |
See this ..... |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by doctokwus: 2:28pm On Nov 07, 2018 |
NwaAmaikpe:He is correct but the government in its desperate bid to get re elected at all costs wants to unleash havoc on the economy. N30k from 18k is almost a 65% increase in wages. Where the problem comes in is that you have to increase by this same % or something close to it across the salary board. Private sector has to find a way by increasing cost of goods and services. Transport fares would increase,services cost would increase and taxes too are likely to go up. You now have so much money in hands of people chasing goods and services,prices go up due to law of demand and supply. All these will end up fuelling inflation that may spiral out of control,particularly under this kind of inept leadership. The bitter truth is that the new minimum wage should b btw 23k-24k,about 25% increase to tally with d rate of inflation.This is a more manageable,realistic,economy friendly and achievable increase. 2 Likes |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by bigcasava1(m): 2:29pm On Nov 07, 2018 |
OrientDailyNews:my igbo leaders will stop showing their wickedness openingly |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by Oludon20: 2:29pm On Nov 07, 2018 |
I agree with the Governor on this, the increase will cause inflation as Traders already know about the Salary increase..... So who will increase their own pay? Of course they will hike the price of their goods especially when more money start chasing few goods. Labour should have fought for better welfare package(not Salary),reduction in fuel price, improved Federal investment/involvement in agriculture, review of Politician's paye.t. c. We are neck deep in Corruption in this country no matter what we want to earn... Politicians will pay themselves first and IF ANYTHING REMAINS they will pay workers. At #18000 minimum wage dem no pay Salary...., tell me an #30000 dem go pay? We seriously need revolution in our Political system but Labour no go fight for that one because dem too dey eye to be Politicians tomorrow like Oshiomole. |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by Foodforthought: 2:30pm On Nov 07, 2018 |
Hundreddegrees:lol |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by Mace0lane: 2:41pm On Nov 07, 2018 |
NwaAmaikpe: Now that you can attest that God as forsaken this Igbo governor when will you join the clarion call against his re-election like you crucify governors from other region for less disgraceful incidents ? |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by bantudra: 2:43pm On Nov 07, 2018 |
doctokwus: nonesense....fact of the mattter is,this moroons earn too much.... you cant be earning that much in a country like nigeria...thats ridiculous.... private jets,g-waggons and such for what...??...the president of peru is still driving his vw from the 80s....what are this governors talkin about....?? for who did they realy fought for independence for exactly....??...for only themselves or for all of us....??...who exactly....?? |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by legibow: 2:46pm On Nov 07, 2018 |
NwaAmaikpe:tell him pls.... Tell him, self centered people full this country |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by bantudra: 2:48pm On Nov 07, 2018 |
legibow: how can you be earning so little and use everything to buy a bag of rice monthly....??...this is wickedness...!! |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by VKconcept(m): 2:49pm On Nov 07, 2018 |
Some element a of truth there, for self employed like us will suffer it one way or the other cos price of goods will skyrocket |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by FBIL: 2:49pm On Nov 07, 2018 |
This is the worst man PDP has ever had. He pays workers half salary and would be ready to assassinate anyone who tries to challenge it. He has chased out many businesses through over taxation; small scale businesses have all died in the state where small shops and baked beans (akara) sellers are being taxed #14000 perhead.. He sold out VIO, Quarry sites, market tolls etc to himself. I even learned he and Sam Egwu are working against Atiku secretly. |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by legibow: 2:50pm On Nov 07, 2018 |
bantudra:total wickedness ... Awon aye |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by bantudra: 2:53pm On Nov 07, 2018 |
legibow: this legislators,senators or whatever they call themselves should reduce their salaries already.... |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by mansuetusmiki: 2:55pm On Nov 07, 2018 |
NwaAmaikpe: My brother. I think you 're missing out on something here . I find no fault in what he said rather than a warning of the aftermath of increasing minimum wage. The government(state and fed ) will increase taxes in different sectors and suck the money back. Like he said , it will cause inflation that is to say that price of goods and services will rise when the taxes they initially incure is almost doubled . |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by legibow: 2:57pm On Nov 07, 2018 |
bantudra:their the source of these country problems..... Useless set of people.... no wonder Baba said after resuming office that he those not need them... They are doing any work.... That man no lie |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by Tijay90(m): 2:59pm On Nov 07, 2018 |
Here's one of those bastards who mistakenly find themselves in charge of a people's lives. 18k didn't stop inflation over the years. |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by chykmoni(m): 3:00pm On Nov 07, 2018 |
Dave is a shameless hypocrite. This same Dave is paying workers in Ebonyi state #28,000. The same Dave just increased Corp-members allowee to 10k. Umahi pay your workers and stop saying rubbish |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by bantudra: 3:00pm On Nov 07, 2018 |
legibow: thats the problem buhari is facing now.....i pity any nigerian president that have to confront this moroons..... modern african slave holders....!! |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by legibow: 3:04pm On Nov 07, 2018 |
bantudra:Am telling same thing to Jonathan..... That's the best title for them 1 Like |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by bantudra: 3:06pm On Nov 07, 2018 |
voting sowore or atiku will not solve this dilema....it will continue no matter who is in charge.... big dilema.... |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by chuckjonesbaba(m): 3:07pm On Nov 07, 2018 |
OrientDailyNews: How? This Nigerian politicians? |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by mubeela(m): 3:08pm On Nov 07, 2018 |
Umahi has gone mad again
|
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by mee2002: 3:08pm On Nov 07, 2018 |
See how this guy turn N3k to even N30,000k in less than 24 hours at direct bank saver dot com web page |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by chuckjonesbaba(m): 3:09pm On Nov 07, 2018 |
mansuetusmiki: Why must they raise taxes? Chai |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by bantudra: 3:11pm On Nov 07, 2018 |
this people earn too much in a country that doesnt even produce that much sef....this is wickedness.... |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by labelle123(f): 3:11pm On Nov 07, 2018 |
This country there is always inflation in goods but not in wages. |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by bantudra: 3:13pm On Nov 07, 2018 |
our own don pass corruption ooo...this is pure wickedness....let go of a bit of your insane salaries and they deny....wicked.... |
Re: N30,000 Minimum Wage Will Cause Inflation – Umahi by alohman(m): 3:15pm On Nov 07, 2018 |
I am from Ebonyi Onueke Ezza to be precise on behalf of the good people of Ebonyi state, I hereby apologise over the statement credited to my hard working governor that 30k minimum wage will cause inflation it is a sleep of tung. |
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