very simple, tell all your PDP state governors to pay more than the stipulated minimum wages and we Nigerians will believe your party is the Savior! if not then shut your mouth and let civil servants enjoy the increase even though it's minimal

Islamicpope:
Why did Atiku Abubakar your presidential candidate not increased it's staff salary to #45000? Why did he pay #32000? Dis country will not burn bcoz of PDP, and no matter your inciting words, PMB will finish his 8years, Rubbish.

do u mind those fools, useless set of people, like they would hv done better. In as much as i'm not a fan of Buhari, PDP should shut d fvck up and allow him finish his tenure peacefully.

Aminat508:
AMILOADED



Source: https://www.amiloaded.com/2019/04/minimum-wage-buhari-has-scammed-you-pdp.html

Brainless comments..

Shame to your entire family

RoyalUc:


Alright, #30,000 is equivalent to $83.38 today.

So, how much dollars did you spend in buying your clothes and the phone in your hand?

Check on Julia now if you really want to know.

And why a bag of rice suddenly jumped from N7600 to N18,000?

Lastorator:
Do na dolar we dey use now ba
Lets leave sentiments, so between 2014 and now, house rents have doubled ?
Or is it that the price of garri has doubled as well.

Our over reliance on the dolar, and some even saving in dolar and praying for the naira to fall is rhe main course of our financial woes.

Check the exchange rate of a Korean Won to the dolar. Does it mean that life there is hard ?

wait ooo, who is your Economics teacher... For a country that as more than 80% imported products including crude which is refined overseas... paying a high rate of subsidy, still fuel is at 143 ..you don't know that Dollar exchange rate to naira is a key determinant to our Economy... Do well to research on Korea and you will find out most things used over there are home made products

shadeyinka:

Check on Julia now if you really want to know.

And why a bag of rice suddenly jumped from N7600 to N18,000?

Don't join others to post things on social media networks you can't critically defend.

A bag of rice suddenly jumped from $7600 to $18,000 abi?

RoyalUc:


Don't join others to post things on social media networks you can't critically defend.

A bag of rice suddenly jumped from $7600 to $18,000 abi?

let me make it easier for you since you don't understand simple Economics....

if in 2014 a phone cost 2 dollars meaning you need 500 naira to purchase it

in 2019 that same phone that cost 2 dollars you will need over 700 naira to purchase it


before you say you buy phones with naira and not dollars, this phones are not produced in Nigeria, therefore their prices are placed in dollars, because same phone can be purchased in Us, Spain Mexico...... When the price gets converted to your currency that's how much you will pay for that product...

for clothes you import your refined fuel, money per barrel is fixed in dollars... fuel currently sold at 143 meaning the transportation from Lagos to Benin is not same as in 2014 when it was 83 naira.. The trader as to increase the price per product to meet up with the cost of transportation...


basic line if you live in a country where importation is high, your countries exchange rate to dollar always determines the living conditions of the citizens of that country...

This Man should find somewhere to sleep please.

kullflex:



let me make it easier for you since you don't understand simple Economics....

if in 2014 a phone cost 2 dollars meaning you need 500 naira to purchase it

in 2019 that same phone that cost 2 dollars you will need over 700 naira to purchase it


before you say you buy phones with naira and not dollars, this phones are not produced in Nigeria, therefore their prices are placed in dollars, because same phone can be purchased in Us, Spain Mexico...... When the price gets converted to your currency that's how much you will pay for that product...

for clothes you import your refined fuel, money per barrel is fixed in dollars... fuel currently sold at 143 meaning the transportation from Lagos to Benin is not same as in 2014 when it was 83 naira.. The trader as to increase the price per product to meet up with the cost of transportation...


basic line if you live in a country where importation is high, your countries exchange rate to dollar always determines the living conditions of the citizens of that country...

I thought, as an Economist that you are, you'll break it down to my level.

The point we were trying to make was that, we spend Naira in Nigeria and not Dollars.
We all know the 'Time Value of Money' and the effects of cross rates on our currency.

Having said that, will the new minimum wage, which is the subject of discussion, change Nigeria from being a country where importation is high?

I like discussing issues in context.

If you want us to divert our attention to 'foreign exchange rates and it's impact on the economy' or 'foreign exchange rates and domestic inflation,' we can discuss that, but for now, we are concerned with the new MW signed into law and how it's a scam according to PDP

Islamicpope:
Why did Atiku Abubakar your presidential candidate not increased it's staff salary to #45000? Why did he pay #32000? Dis country will not burn bcoz of PDP, and no matter your inciting words, PMB will finish his 8years, Rubbish.

those of you who sees Buhari and APC as saint are devil's .the stolen mandate must be retrieved.

RoyalUc:


Don't join others to post things on social media networks you can't critically defend.

A bag of rice suddenly jumped from $7600 to $18,000 abi?

Is your eye seeing double?
Your Dollar to Naira conversation is now 1:1?

Foolish man!Not everyone is as foolish.If PDP is still in power the cost of living would still be as it's now if not worst.
He said Nigerian labour force deserved more than 30k,what stopped Jonathan led PDP government not to increase the salaries while in power.

APC is far better than PDP ten thousand times period

Dogydogy:
those of you who sees Buhari and APC as saint are devil's .the stolen mandate must be retrieved.

RoyalUc:


I thought, as an Economist that you are, you'll break it down to my level.

The point we were trying to make was that, we spend Naira in Nigeria and not Dollars.
We all know the 'Time Value of Money' and the effects of cross rates on our currency.

Having said that, will the new minimum wage, which is the subject of discussion, change Nigeria from being a country where importation is high?

I like discussing issues in context.

If you want us to divert our attention to 'foreign exchange rates and it's impact on the economy' or 'foreign exchange rates and domestic inflation,' we can discuss that, but for now, we are concerned with the new MW signed into law and how it's a scam according to PDP

Am not a political loyalist... And am not a fan of Minimum wage without adequate capital infrastructure and job employment... With this new minimum wage, we don't need to be told that VAT will be increased, which will affect the our expenses and out weigh our income... Categorically speaking this minimum wage can't even match up with the current VAT rate, not to talk of an increased VAT rate.. in a country where most of its employable citizens are employed by the private sector which in most cases don't set their salary scale according to the minimum wage.. what will happen to those set of workers when the VAT rate goes up.. we will end up running in circles as a nation. what this nation needs is not minimum wage.. but capital infrastructures and job opportunities .A reduction in inflation which will enable us forge ahead... Otherwise minimum wage will continue to be increased and we will still end up going higher in ranking in terms of poverty and standard of living..

abjisperson:
Nigeria is bigger than Buharis and Atiku....borrow sense pls

Borrow sense for increased salary? haha Buhari's headache

abjisperson:
Nigeria is bigger than Buharis and Atiku....borrow sense pls

Borrow sense for increased salary? haha Buhari's headache

kullflex:




Am not a political loyalist... And am not a fan of Minimum wage without adequate capital infrastructure and job employment... With this new minimum wage, we don't need to be told that VAT will be increased, which will affect the our expenses and out weigh our income... Categorically speaking this minimum wage can't even match up with the current VAT rate, not to talk of an increased VAT rate.. in a country where most of its employable citizens are employed by the private sector which in most cases don't set their salary scale according to the minimum wage.. what will happen to those set of workers when the VAT rate goes up.. we will end up running in circles as a nation. what this nation needs is not minimum wage.. but capital infrastructures and job opportunities .A reduction in inflation which will enable us forge ahead... Otherwise minimum wage will continue to be increased and we will still end up going higher in ranking in terms of poverty and standard of living..

Sorry, but truth is, from your analysis, you don't have a good understanding of macro economics and finance.

What is VAT? Now, VAT rate is fixed which in Nigeria is 5%(one of the lowest in the world) and (although there were rumors that the the FG was planning on increasing it, but the FG refuted the remor) is not reactionary - i.e, fluctuate in response to macro economic forces. So, increase in MW does not and will not automatically increase VAT. Therefore, there is nothing like "this minimum wage can't even match up with the current VAT rate, not to talk of an increased VAT rate.."

"what this nation needs is not minimum wage.. but capital infrastructures and job opportunities .A reduction in inflation which will enable us forge ahead... "

Here too, you are not correct. We need minimum wage as much as we need infrastructures and job opportunities. And inflation is not an economic index that we can just reduce any how especially for a country like Nigeria where we have 'quasi economic system' and abnormal economic behavioural pattern. What can be done here is, apart from the FMF through the CBN properly managing our financial and economic parameters, agencies like the Price Control Board, Consumers' Protection Council, etc (which I don't know if they actually exist in Nigeria), should wake up to their respective responsibilities. The only people I commend here is this people responsible for controlling petroleum pump prices (what do they even call them again).

Let me stop here for now...

It will not better for this pdp people oo. You have had enough chances to scam Nigerians like this before but you never did. Please let us enjoy the scamming.

RoyalUc:


Which village are you from that the price of garri has doubled

hmm. APC supporters and gullibility. How much was a cup of garri during GEJ's era n how much now?

Islamicpope:
Why did Atiku Abubakar your presidential candidate not increased it's staff salary to #45000? Why did he pay #32000? Dis country will not burn bcoz of PDP, and no matter your inciting words, PMB will finish his 8years, Rubbish.

finish his 8years on a london hospital abi

4601CE:
Typical Igbo . Atiku don suffer . Lmfao

all hail d world's first human ethnicity detector!
Guinness book, wia una dey?!
bunkum

bcashy:



Ur foolishness is top-notch....pls tell us how much they earn in Atiku' s company!

dumb fool. doesn't even know that Atiku has companies. Do you know how much Lecturers,Doctors,professors and even cleaners earn at ABTI American university in Yola. Illiteracy is a disease.

damoobaba:


dumb fool. doesn't even know that Atiku has companies. Do you know how much Lecturers,Doctors,professors and even cleaners earn at ABTI American university in Yola. Illiteracy is a disease.

Complete madness dey worry you.... What percentage of total population of Nigeria is that! Stupidity runs in ur blood! Dumb ass bastard!

Islamicpope:
Why did Atiku Abubakar your presidential candidate not increased it's staff salary to #45000? Why did he pay #32000? Dis country will not burn bcoz of PDP, and no matter your inciting words, PMB will finish his 8years, Rubbish.

What is your qualification and what type if job are you doing in atikus company.
There are better qualified workers in his company that earn more than 200k per month.
So, kindly tell us if you are maigard or gateman

I am well educated than you.what is what type if instead of?,! what's is your issue? If you try me again, i will deal with you. Ilitrate gateman.

henrysam:

What is your qualification and what type if job are you doing in atikus company.
There are better qualified workers in his company that earn more than 200k per month.
So, kindly tell us if you are maigard or gateman

bcashy:


Complete madness dey worry you.... What percentage of total population of Nigeria is that! Stupidity runs in ur blood! Dumb ass bastard!

Let's start here,what percentage of the total population of Nigeria did your USELESS father employ.

damoobaba:

Let's start here,what percentage of the total population of Nigeria did your USELESS father employ.

Ur hopeless animal u call father, is he part of those employed by ur god (Atiku) You are an undiluted bastard! Product of baby factory!

Stupidity will not make PDP rest.why are they always interested in dollars transaction? I can't blame them they were the one drove us to where we imported everything in Nigeria .Thunder will fire you all whoever hide under opposition or politic to make Nigeria stand still or back word.

bcashy:



Ur hopeless animal u call father, is he part of those employed by ur god (Atiku) You are an undiluted bastard! Product of baby factory!

Am a Yoruba boy, we don't sell our children to buy fufu like your mother did for you.
My father is an agriculturist and an employer of labour, we are no slaves to Fulanis. I repeat, how many people are employed by your REAL father,you bastard product of a one night stand sperm of a drug addict. And don't forget to ask your mother to tell you who your REAL father is?

damoobaba:

Am a Yoruba boy, we don't sell our children to buy fufu like your mother did for you.
My father is an agriculturist and an employer of labour, we are no slaves to Fulanis. I repeat, how many people are employed by your REAL father,you bastard product of a one night stand sperm of a drug addict. And don't forget to ask your mother to tell you who your REAL father is?

Yoruba boy indeed.... Real Yoruba's are not bastard... U see another reason why u need to go back to the harlot u called mother and confirm who ur real father is....employer of labour my foot! U.mean the prostitutes he pays every night with the miserable stipends he earns from street begging he does are his employee lol? Son of a bitch!