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Labour Wants ₦‎497,000, FG Laments Paucity Of Funds - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Labour Wants ₦‎497,000, FG Laments Paucity Of Funds (15247 Views)

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Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by VeeVeeMyLuv(m): 6:55am 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
But there was no paucity of funds when it was Yahaya's turn to embezzle tens of billions of naira?

9 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Olatundex22(m): 6:55am On May 23
Hmm this people no serious
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Omojolaray(m): 6:56am 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
you are not ready what has the guy said that is tantrums.... People are suffering you are saying another thing.....

4 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by PrinceofSarcasm: 6:56am 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

You are inhumane and evil

7 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by DMerciful(m): 6:56am On May 23
How do you jump from exchange rate at N200 to N1500?
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

16 Likes 1 Share

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by godofuck231: 6:56am On May 23
Igbo man de one corner de laugh , increase tax o or minimum wage, them go still import from China, Nigerians go buy them, make their money enter house.

1 Like 1 Share

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by godofuck231: 6:57am On May 23
Igbo man de one corner de laugh , increase tax o or minimum wage, them go still import from China, Nigerians go buy them makebtheor money enter house .
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 6:57am On May 23
VeeVeeMyLuv:

But there was no paucity of funds when it was Yahaya's turn to tens of billions of naira?

Is Bello now the Fg or Labour union?
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 6:58am On May 23
Omojolaray:
you are not ready what has the guy said that is tantrums.... People are suffering you are saying another thing.....

I responded to those who ask their questions without throwing tantrums.

Go back to the thread and confirm it yourself.

Why should they be attacking others unnecessarily and be expecting response
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by DMerciful(m): 6:58am On May 23
Where is the money from the removal of subsidy? Where is the money from not defending the naira?
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

3 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Segxydube: 6:58am 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

You dont know about minimum wage... Go and sit down abeg

2 Likes 1 Share

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 6:59am On May 23
DMerciful:
Where is the money fromnthe removal of subsidy? Where is the money from not defending the naira?

Would the money be enough to match up with the Labour unrealistic proposal?
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by adecz: 7:00am On May 23
🔘🔻🔺🔘🔘💠💠

When it comes to welfare for citizens,
APC will be lamenting lack of funds..

But when it comes to welfare of politicians,
the sky is the limits..

Govt spends nothing less than N1.5bn/ per
year on Each national legislator
without argument.


APC has run down the economy of this
country to the level that government is
unable to even pay a minimum wage of
💲100 which was being paid under PDP
as of 2015❗️❗️❗️

5 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Validated: 7:01am On May 23
helinues:


What's the population of those countries to start with?
Is your population not an advantage? Why is China not poor, why is India still moving forward?
"Excuses" are the pillows upon which the lazy and incompetent lay their head."

Tinubu is just darn right incompetent.

13 Likes 2 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by BizTrust: 7:01am On May 23
That 497k , is like a camel passing through a needle hole. It's impossible and can't be done, Nigeria inflation will raise to power 200.



Well we still handle your drywall ceiling installation

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Segxydube: 7:02am 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?

Na u no go school... Where u read am for economics that minimum wage causes inflation? Abi the current super inflation we are facing is caused by minimum wage?

9 Likes 1 Share

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by bluebay(m): 7:02am On May 23
Ofunaofu:


They are being realistic bro

The only people that should be realistic here is the government
And you think Nigeria have the capacity to fund 400k minimum wage Abi?
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by 7arrows: 7:02am On May 23
Bobloco:


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

Even if they pay 500k minimum wage how many percentage of the population are civil servants?

1 Like

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by helinues: 7:02am On May 23
Validated:

Is your population not an advantage? Why is China not poor, why is India still moving forward?
"Excuses" are the pillows upon which the lazy and incompetent lay their head."

Tinubu is just darn right incompetent.

Where do you expect government to get the money from to pay the N500k the Labour union are demanding.

Sebi na solutions we dey find to the issue on ground right, oya advise government in your own capacity
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Segxydube: 7:04am 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

So what is causing the current super inflation... 30k minimum wage?

U be mumu

9 Likes 1 Share

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Corrections: 7:05am On May 23
helinues:


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


What is the population of corrupt leaders in those countries.?

Deal with corruption in your country bro!!!

5 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Blazebond(m): 7:07am On May 23
They are lamenting now because it is the common man that is asking for the pay but they have no problem paying millions of naira for foreign automobiles for themselves and collecting unreasonable monies as salaries and allowances.

5 Likes 1 Share

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by Gbajabiamila1: 7:08am On May 23
Validated:


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.

This is not TRUE... No point checking other false facts you may be projecting.
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by heysquare(m): 7:08am On May 23
Ofunaofu:


They are being realistic bro

The only people that should be realistic here is the government
Where lies their reality? They're just jesters! Would they themselves be able to pqy their own staff with that amount in their personal business
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by DMerciful(m): 7:08am On May 23
Look at it this way, according to UN, to be above the poverty line, you must spend atleast $2 per day.

$2 per day is N3000 per day(1500*2). That is N90,000 per month for a bachelor.

How much will be enough for a family of one man, one woman and two children? 90,000 x 4 = N360, 000!

Anything below this, they're living in poverty!
helinues:


Would the money be enough to match up with the Labour unrealistic proposal?

10 Likes 3 Shares

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by RexTramadol1: 7:10am 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



In as much as I do not subscribe to the amount demanded by Labour… what do you mean by where does labour want the FG to see money to pay?


Same FG that removed subsidy on fuel, electricity tariff which has affected prices of practically everything in the country, where does government also want the workers to get money to afford many of these things their policies brought upon them?


It is only fair for the government to come up with something reasonable and when Labour sees seriousness, they will then come down to reality with them.


With the cost of living today, it’s better Labour raises an unrealistic bar so that the negotiations can conclude at something fair and realistic for all.

12 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by BrokenTV: 7:10am On May 23
helinues:


What's the population of those countries to start with?
The time that your master came in with draconian policies without spending even 1 day in office that crippled the economy to ground zero, I quess you can now see the effect, except that you already beclounded by sentiments.

4 Likes

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by freshboi88: 7:12am 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


Abeg ask am o...
Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by eteebanky1: 7:12am On May 23
oluwaseyi0:
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?

Na craze dy worry NLC

I just pity non government workers, cos this ridiculous amount proposed by NLC will cause very high inflation

There is no way a bag of rice won't rise up to #250k

1 Like

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by freshboi88: 7:13am 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

So the inflation the country is experiencing now is it minimum wage that is causing it?

4 Likes 1 Share

Re: Labour Wants ₦‎497,000, FG Laments Paucity Of Funds by toprealman: 7:14am On May 23
90billion for Hajj
Billions on cars for parliamentarians
750k/ pilgrim
Yet no money?

7 Likes 1 Share

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