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Labour Wants ₦‎497,000, FG Laments Paucity Of Funds - Politics - Nairaland

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Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Bobloco: 4:44am On May 23
The tripartite committee on new minimum wage has adjourned till next Tuesday, May 28 to continue deliberation after Wednesday’s meeting in Abuja ended in a deadlock again.

The Federal Government, the organised private sector and the organised labour failed to reach a consensus on the new minimum wage at the Wednesday meeting.

Sources at the meeting told The PUNCH that the government initially stood its ground on the N54,000 it proposed on Tuesday, citing paucity of funds.

However, the government was forced to propose the sum of N57,000 after the committee took a 30-minute break to make further deliberations.


The highly informed sources noted that at the end of the break, both the government and the OPS proposed the sum of N57,000 as minimum wage.

The sum was, however, rejected by labour.

“The final proposal from labour was N497,000 and that was after the government and the private sector proposed N57,000.


“Initially, the government refused to shift grounds on the N54,000 it proposed earlier, noting that it didn’t have enough funds to pay. However, we took a 30-minute break to make further deliberations.

“We as Labour reject the proposed N57,000 and the meeting has been adjourned till Tuesday next week.


“Governors Obaseki and Uzodinma were present while Governor Soludo joined us via Zoom. The government needs to be serious as regards these negotiations.”

Also speaking to The PUNCH, a senior official of Nigeria Labour Congress said, “The outcome of the negotiation of the National Minimum Wage Committee with the Federal Government is not encouraging. The Federal Government increased it from N54,000 to N57,000, and the organised labour moved from N615,000 to N500,000, and then to N497,000 and the meeting has been adjourned to next week Tuesday.”

He noted that NLC and TUC normally meet before the negotiation meetings commences “to ask ourselves the direction to go.”

President Tinubu through Vice President Kashim Shettima, had on January 30, 2024, inaugurated the 37-member Tripartite Committee on Minimum Wage to come up with a new minimum wage ahead of the expiration of the current N30,000 wage on April 18.

With its membership cutting across federal and state governments, the private sector and organised labour, the panel is to recommend a new national minimum wage for the country.


During the inauguration of the panel, Shettima urged the members to “speedily” arrive at a resolution and submit their reports early.

“This timely submission is crucial to ensure the emergence of a new minimum wage,” Shettima said.

In furtherance of its assignment, a zonal public hearing was held simultaneously on March 7 in Lagos, Kano, Enugu, Akwa Ibom, Adamawa, and Abuja.


The NLC and the TUC in different states proposed various figures as a living wage, referencing the current economic crunch and the high costs of living.

In their different proposals on the minimum wage, the NLC members in the South-West states demanded N794,000 as the TUC suggested N447,000.

At the North-Central zonal hearing in Abuja, the workers demanded N709,000 as the new national minimum wage, while their counterparts in the South-South clamoured for N850,000.

In the North-West, N485,000 was proposed, while the South-East stakeholders demanded N540,000 minimum wage.

https://punchng.com/labour-wants-n497000-fg-laments-paucity-of-funds/?amp

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Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Bamss1: 5:07am On May 23
Labour just dey make me laugh with their figures. Are they really serious? They should be realistic na. How do we jump from 30k to almost 500k

22 Likes 1 Share

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 5:46am On May 23
When the labour union are ready to come up with a realistic proposal, they should let us know

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Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Ofunaofu: 5:47am On May 23
Bamss1:
Labour just dey make me laugh with their figures. Are they really serious? They should be realistic na. How do we jump from 30k to almost 500k

They are being realistic bro

The only people that should be realistic here is the government

132 Likes 8 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by SpecialAdviser(m): 5:49am On May 23
Anybody that takes LABOUR and FG serious is a mad man. Both of them can go to hell for all that I care.

20 Likes 4 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by TinubuThief: 5:51am On May 23
grin
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 5:53am On May 23
Ofunaofu:


They are being realistic bro

The only people that should be realistic here is the government

They are being realistic with N500k as minimum wage?

Where do they expect the government to get the funds? To borrow or to increase more tax base which Nigerians are fuming at both?

What should happen to private sector workers, how would they be able to cope in the same economy where the government workers would be earning X300% of their basic salary?

What do you think would happen to Nigeria economy with government paying N500k as salary? Inflation of course.

So what's realistic about Labour's proposal

103 Likes 2 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Justiceganduje: 5:59am On May 23
helinues:


They are being realistic with N500k as minimum wage?

Where do they expect the government to get the funds? To borrow or to increase more tax base which Nigerians are fuming at both?

What should happen to private sector workers, how would they be able to cope in the same economy where the government workers would be earning X300% of their basic salary?

What do you think would happen to Nigeria economy with government paying N500k as salary? Inflation of course.

So what's realistic about Labour's proposal
What and what do you understand by minimum wage? Hurry up ok.

49 Likes 2 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Racoon(m): 6:09am On May 23
Yet the same FG that has a lots of freebie monies for a #5B presidential yacht, buy SUVs for NASS members, 90B for hajj subsidy, but same cant pay a decent minimum wage for it suffering workers? This government is the most wicked. Not even the draconian military regimes of the IBB/Abacha era surpassed it.

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Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Validated: 6:09am On May 23
helinues:
When the labour union are ready to come up with a realistic proposal, they should let us know

Organized labour provided the breakdown of whatever they present to government. Government on the other hand could not justify the paltry sum they are brandishing. This is why we advise that when workers are talking, internet trolls should keep quiet. Politics is not about exhibition of stupidity and supporting a government should not make us empty our brains like zombies.

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Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 6:11am On May 23
Validated:


Organized labour provided the breakdown of whatever they present to government. Government on the other hand could not justify the paltry some they are brandishing. This is why we advise that when workers are talking, internet trolls should keep quiet. Politics is not about exhibition of stupidity and supporting a government should not make us empty our brains like zombies.

Again, why is it just so hard for you Obidients, yes Obidients to make your comments without throwing tantrums?

Won't the comments that are devoid of tantrums make sense to you guys?

You guys can't be making tantrums a regular trademark

75 Likes 2 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Justiceganduje: 6:14am On May 23
helinues:


Again, why is it just so hard for you Obidients, yes Obidients to make your comments without throwing tantrums?

Won't the comments that are devoid of tantrums make sense to you guys?

You guys can't be making tantrums a regular trademark
What do you understand by tantrums? Hurry up ok.

34 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Ofunaofu: 6:15am On May 23
helinues:


They are being realistic with N500k as minimum wage?

Where do they expect the government to get the funds? To borrow or to increase more tax base which Nigerians are fuming at both?

What should happen to private sector workers, how would they be able to cope in the same economy where the government workers would be earning X300% of their basic salary?

What do you think would happen to Nigeria economy with government paying N500k as salary? Inflation of course.

So what's realistic about Labour's proposal


Minimum wage doesn't cause inflation, what causes inflation is calamitous economic policies and actions, policy flip flops etc

47 Likes 2 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 6:17am On May 23
Ofunaofu:



Minimum wage doesn't cause inflation, what causes inflation is calamitous economic policies and actions, policy flip flops etc

Sometimes, I don't know if some of you guys just want to be arguing for arguing sake.

You no do basic economy in secondary school?

75 Likes 2 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Justiceganduje: 6:19am On May 23
helinues:


Sometimes, I don't know if some of you guys just want to be arguing for arguing sake.

You no do basic economy in secondary school?
Did you do basic economics in your secondary school too? Hurry up ok.

13 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Validated: 6:30am On May 23
helinues:


Again, why is it just so hard for you Obidients, yes Obidients to make your comments without throwing tantrums?

Won't the comments that are devoid of tantrums make sense to you guys?

You guys can't be making tantrums a regular trademark

Which is more of a tantrum? Does calling organized labour "unserious" qualify as a compliment?

28 Likes 2 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Ofunaofu: 6:30am On May 23
helinues:


Sometimes, I don't know if some of you guys just want to be arguing for arguing sake.

You no do basic economy in secondary school?

Are you saying that in your secondary school, you were taught that minimum wage causes inflation.

If you are going to blame the minimum wage as the cause of inflation, I must confess, you learn nothing

You are now implying that The current high inflation the country is experiencing at the moment is because of the N30,000 minimum wage

65 Likes 3 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 6:30am On May 23
Validated:


Which is more of a tantrum? Does calling organized labour "unserious" qualify as a compliment?

Chisos, please which word would you have suggested then?

67 Likes 1 Share

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by udede(m): 6:31am On May 23
Justiceganduje:
Did you do basic economics in your secondary school too? Hurry up ok.
Which one be hurry up again this morning bikonu, everything wey you dey write since today na "hurry up, hurry up" abeg dem take hurry up swear for you for dream ? grin grin grin grin

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Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 6:33am On May 23
Ofunaofu:


Are you saying that in your secondary school, you were thought that minimum wage causes inflation.

If you are going to blame the minimum wage as the cause of inflation, I must confess, you learn nothing

You are now implying that The current high inflation the country is experiencing at the moment is because of the N30000 minimum wage


Ridiculous minimum wage would cause inflation, I didn't say normal minimum wage would cause inflation. Don't twist things deliberately .

The questions which I asked about the unrealistic labour proposal, you ignored it but trying to shift the goal post

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Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by udede(m): 6:35am On May 23
helinues:


Again, why is it just so hard for you Obidients, yes Obidients to make your comments without throwing tantrums?

Won't the comments that are devoid of tantrums make sense to you guys?

You guys can't be making tantrums a regular trademark
another empty vessel spotted. Every salient point is by "obidient" e be like say dem swear for you abi ?

32 Likes 3 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by alphaNomega: 6:39am On May 23
paucity of funds is the greatest lie ever told by any government

if truly there was no funds, they will not have any to steal. Increase the minimum wage... at least 700k/month

22 Likes 2 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Validated: 6:47am On May 23
helinues:


Ridiculous minimum wage would cause inflation, I didn't say normal minimum wage would cause inflation. Don't twist things deliberately .

The questions which I asked about the unrealistic labour proposal, you ignored it but trying to shift the goal post

When govt approved N30k minimum wage in 2018, $1 was N167, so that amount was about $180. Even then a litre of petrol was N87. That amount could get you 345 litres of petrol.

Fast-forward to the economy destroyed by Tinubu, the N30000 or $180 then is now equivalent to N280,000. Also, the 345 litres of petrol is now about N267,000 post subsidy.
So, tell me how N500,000 is unrealistic, when you ought to increase minimum wage by nothing less than 45%. We all remember that they increased it from N18000 to N30000, a 67% increase.

48 Likes 4 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Ynix(m): 6:52am On May 23
helinues:


They are being realistic with N500k as minimum wage?

Where do they expect the government to get the funds? To borrow or to increase more tax base which Nigerians are fuming at both?

What should happen to private sector workers, how would they be able to cope in the same economy where the government workers would be earning X300% of their basic salary?

What do you think would happen to Nigeria economy with government paying N500k as salary? Inflation of course.

So what's realistic about Labour's proposal

How is Seychelles able to do it that their minimum wage is $460 that is about 690,000 Naira per month, How is Botswana a landlocked nation in Southern Africa able to do it that the minimum wage is $330 that is about 495,000 Naira.

What about poor Mozambique paying between $150-$250
What about South Africa paying $1,200, or
Kenya $400-$500

The real problem is our approach to Human Development here in West Africa. We have the weakest Human Development Index in the world meaning that we have the lowest wages and Standard of Living.

If Obasanjo upgraded the minimum wage and it improved the standard of living during his first term of Presidency it's over 20 years now should we still be wallowing in what will make us weak or just increase the money and put in mechanism to ensure that the workers produce x10 or even x100 of their pay

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Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by bewla(m): 6:52am On May 23
S
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Yankee101: 6:53am On May 23
But there’s money for coastal roads abi

Pay workers their money
All your budgets have increased except salaries

12 Likes 2 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by oluwaseyi0: 6:53am On May 23
So in this people mind, the average private nursery school in Benue or Osun can afford to pay each of their teachers 500,000, and that one-man struggling business can afford to pay their cleaner 500,000k per month or you think minimum wage begins and ends at the public office, in fact, currently some states ain't even generating enough to pay the 30k minimum wage,

if level one step one is 500k, how much will fresh graduates which usually start at level 8 receive, 3.5million monthly I guess, then a level 13/14 senior public servant will receive 13m monthly or do you intend to pay level one step one 500k but intend to pay level fourteen 600k?

5 Likes 3 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 6:55am On May 23
Ynix:


How is Seychelles able to do it that their minimum wage is $460 that is about 690,000 Naira per month, How is Botswana a landlocked nation in Southern Africa able to do it that the minimum wage is $330 that is about 495,000 Naira.

What about poor Mozambique paying between $150-$250
What about South Africa paying $1,200, or
Kenya $400-$500

The real problem is our approach to Human Development here in West Africa. We have the weakest Human Development Index in the world meaning that we have the lowest wages and Standard of Living.

If Obasanjo upgraded the minimum wage and it improved the standard of living during his first term of Presidency it's over 20 years now should we still be wallowing in what will make us weak or just increase the money and put in mechanism to ensure that the workers produce x10 or even x100 of their pay

What's the population of those countries to start with?

3 Likes

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