Still available 87k

Sold

faceland:


60k is not enough, but the announcement would surely cause more inflation. It is best government just add bonuses for everyone to the sum-total of 100k (just to manage). Traders would artificially increase prices once they hear the news.

Anyone who think bag of rice cannot sell for 100k has been sleeping in the past 10 or 11 months.

I am thinking of the majority of workers in the private sectors that are currently earning 15k, 20k, 30k.... (Yes they exist and some are graduates) who would hardly get an increase in wages.

First of all, no. Traders will NOT artificially increase prices. The forces of supply and demand will. If the govt print more money, demand will increase and then inflation BUT if the govt rearrange their budget to reduce the salaries of those in higher levels including the political elites so they can afford the lower levels then same money in circulation so you have a stable economy. It's a class warfare. The elites vs the poor.

In the private sector, sometimes I even wonder if those working in the private sector went to school. I've never heard of private workers forming unions. All they have to do is form a union to demand application of the minimum wage.

I already gave a breakdown of the chain effects of this class warfare. It would lead to development in many new sectors because Capitalsm forces innovation. Capitalists in Nigeria don't have to innovate to make profit, they just have to use Nigerian workers as slaves. This is the difference between the Capitalism in the west and Nigeria - the salary we're paid.

casualobserver:

Sometimes one makes a post so childish, ignorant, so totally out of touch and firmly in the realm of fantasy that a proper response is not merited.

Yer lordship, the most conscious in our midst, founding father of economics, I'm not worthy but please pray tell, I've slaughtered 10 livestocks to the Hades to appease you, I reckon you can grace me with your knowledge now. What says I a lowly pleb? Forgive me yer lordship I'm just a naughty ward. We plebs are not worthy at all but find it in yer gracious cloak of humility to bless us with your words else we spend the night restless.

Who's even liking your posts that say nothing 😂😂 your other account?

casualobserver:

I thought this forum was for adults not children?

And so you choose to insult me like a female child would, the irony. Well, I could say the same words to you and even add any adjective that describes foolishness because you took time to quote me without any rebuttal.

casualobserver:


If you engaged you thinking cap you will realize that minimum wage increases will lead to job loses. It is one thing for government to pay the minimum wage, private sector will just lay off workers if the minimum wage is beyond their means.

I said in a previous post, there are many people who have a job only because the minimum wage is so low. There is a level of wage increase where your employer starts asking if I really need this guy. Trust me many people will lose their jobs if the minimum wage goes above N100k.

You guys don't see that everything is interconnected. If the govt allows 500k minimum wage, most likely they (senators/govs etc) had to reduce their salaries, benefits and budget for infrastructure and all that to pay salaries in the public sector.
This means that these political elites will no longer be able to afford France for healthcare and that would mean lacing their boots to improve healthcare in Nigeria. They would not be able to invite foreign construction companies for inflated quotation and embezzle money, so they'd have to invest in local construction etc etc So you see the pattern? And so new jobs will be created.

And in the private sector, those offloaded in an already overcrowded private sector will begin to find themselves in jobs that have been created from the government, jobs that are actually important for nation development like construction, healthcare etc. And it is in these sectors we should be having billionaires not only from oil.

This would resemble the Japanese economy where there's low corruption and millions are middle/upper class while they have 40 billionaires or so and a few thousand poor people.

But most of your political elites are not dumb. They're actually really smart, they understand class consciousness and they know what a little forgoing will do to the dynamics of Nigeria's inequitable wealth sharing.

helinues:
Where do the Labour union 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 would happen to Nigeria economy with government paying N500k as salary? Inflation of course.

Labour union are only after salary increase but not after fishing out the ghost workers and those with shady certificates who consume chunk of the salaries paid by government

Who even allowed this topic to hit front page? 98% of Nairalanders are not elites and I know you're not too. And that goes that show that you don't read, if not you would have heard about class consciousness. What is it to you to a poor man to oppose something that benefits you? Are you that broken? Let the political elites make the case, why asisst them?

If Nigeria has to restructure its budget to provide for the citizens, then so be it. If it means the senators, governors and business elites will have to reduce their salaries and benefits to ensure minimum wage is at a level that allows people to live lives of dignity, so be it! Close that wealth gap and quit using Nigerians as slaves. Even white people come here, exploit us and pay Nigerians 40k.

No such thing as inflation when the same amount of money is in circulation, it's propaganda. Open your eyes.

I've heard about Hollywood but Holywood? 😂😂

bliizz:
You dey complain about pepper 🌶️

See the size of fufu as e dey drag size with egg 🥚

See foodstuffs and groceries. Ritualist.

It's funny that some on here are name calling NLC and saying 500k is too much. I can see that the psyche of poor Nigerians citizens are broken.

NLC/Nigerian professionals are finally fighting the class warfare that's been due for years. If you don't have anything to add, why not just keep mute.

dikings:
This Nairaland is just a forum for debate between yoruba's and igbos, it has lost it's true potentials for learning, research and collective Informative ideas towards nation building, if I was seun, I will end it at once. Make everybody go rest

Seun is feeding off of the chaos. No moderation whatsoever. There are many topics that try to elevate the consciousness of the people but it hardly makes the front page

tobounty:
All located in Tinubu Lagos. Our Wailers that are fond of jumping night buses from their barren land always have a sight to take back.

I hope you also have access to these buildings, especially the residential ones? Heck forget the buildings. Hope when if have a heart attack in this Tinubu Lagos, you can call an ambulance to come to your rescue as a commoner because medical helicopters actually aid our elites o.

So you see that you don't understand class warfare and your political/business elites will continue using your head if you don't elevate your consciousness.

Join MOPCENTRE on Instagram and participate in the movement of taking back our country.

Godjone:
Ugly things

Them dey find Yahoo boys to cash out. Thieves

Ugly? Ladies and gentlemen, we found another brainwashed African man.

This is what your Nigerian women actually should look like without applying carowhite and all sorts of other bleaching creams.

Since 1884, some Nigerian women (the 2nd greatest volunteers for tool of white supremacy after some Nigerian men) remarkably endeavouring daily to look like the white woman with her hair wearing wigs and hot press, with her skin bleaching like onyara and then when all of that is not enough, they buy all the white made products to show white woman that she be "lady".

I pick Ugandan women over Nigerian women 1billion times!

I guess they've seen what our married political and business elites are doing in their cities. Lavishing Nigeria's commonwealth and carrying women all over the place. Sopona lo ma pa gbogbo awon leaders wa.

budaatum:


As you have noted, government to whom Nigeria is just a plantation for (personal) profit, can not add value to the Naira.

Adding value to naira, is making every Naira produce more. A cassava grower, for instance, adds value to their Naira by processing it into something else. And until Nigeria starts adding such value (see how long it's taken us to build a value adding private crude oil refinery!), the value of Naira would continue falling.

We need to be more productive. That's what adds value to a currency.

I agree and it's not even rocket science or anything. Even some of the political elites know this but if they implement these things, all of them will have to forgo their white man things. Because if they fix up the Nigerian refinery, how will they help white corporations remain oil billionaires so they(our elites) continue their work on being house slaves and receiving their dog's food share of that shady, degrading, short-sighted business deal?

The solution is for the citizens to organise themselves and create their own political party. Kuti family already committed class suicide and joined the side of the people, and Seun Kuti continued the political party of his father The Movement Of The People. Please endeavour to join and let friends know.

budaatum:


The more debt the government accrues, the less value there is in the Naira. And whom do you think would get taxed to pay that debt if not the ordinary citizens who likely wouldn't have benefitted from the loan?

N30k ($19.71, £15.54) has little value, and theres nothing anyone can do to put more value into it.

There are actually a thousand ways that we can add value to the naira and I just gave one. I said if the government would REALLY invest in agriculture to the point that we feed ourselves and export. Yes we might accumulate debt at first but just like a business eventually you start making profit.

But our political space is run by the elites who are white underneath the black skin and their focus is on exporting cash crops because Nigeria to them is not even their home, it's just a plantation for profit.

All the ways to add value to the naira begins with the citizens taking back their country politically. Join MOPCENTRE on Instagram so we can liberate ourselves.

KnowAll:
1. Free transport to work

2. Subsidised homes. Like the ones built by shagari in the 80’s . Little one two & 3 bedroom houses. They would pay N5000.00 per month

3. Build large cooperative stores that would sell groceries at rock bottom price. That means government would buy fruit and vegetables from farmers and subsidies them. Including meat rice& fish.


It can be done. There would be know reasons to increase wages which would eventually lead to a runaway inflation. The 650,000 labour is asking for would lead to runaway inflation just like in Zimbabwe.

There's nothing difficult about what you're proposing. In fact if you take a moment to understand how rich Nigeria and Africa really is, you'd see that Africans and Nigerians deserve to live like royalty that we are. Everything is already taken care of for us. We have lands and oil.
What is inflation lol

But the thing is, Africa is still enslaved and it has African elites as it's "civil servant to white corporations". Should Nigeria operate anything resembling a communist or socialist society, the white men will not be able to get their oil, labour, and other resource for cheap anymore and of course Nigerian elites will not be able to afford white men products to make themselves feel white.

So you must understand that before you think economically, you must think politically. Anything you want from Africa is possible but we the citizens must organise politically to take back our nation, only then can we decide what economic system we want to adopt.

In a Capitalist Nigeria, even simple price control will take a million meetings before it is then rejected lol FOLLOW MOPCENTRE ON INSTAGRAM, a political movement for the people.

MEEVEET:

See what this one is typing above... In America you would be jailed for this socialist nonsense

Nigerians are really socialist in nature
Most Nigerians prefer Welfarist society

Now I know why most Nigerians see Capitalist minded Igbos the way they do
Fundamentally speaking we shouldn't be one
country

Even though your words are bolded, I still can't see anything you wrote

DeLaRue:
Op has a point.

There is nothing communist about 2 of his suggestions. The one about groceries is unlikely to be practicable. Transport can be subsidised rather than being totally free.

I am a capitalist, but given the level of poverty, homelessness, and despair in the USA - the poster child of capitalism - and the fact that 50% of those earning $100,000 or above in the US live from hand to mouth (despite that being a high salary), I have come to believe that the purest form of capitalism is a recipe for despair. The only true winners are the super rich and the upper middle classes who set the rules of the game and continue to get richer. The majority of people work, work, and work with little to show for it.

A government must be able to intervene in certain areas when the wanton greed that capitalism inevitably breeds is getting out of hand.

A couple of months ago, Cement manufacturers were selling cement to distributors at around N7,500, but these people were selling to consumers for N11,000 and above. That's just one out of many examples of unbridled greed.

Oh finally People are waking up! Revolution now!

budaatum:


In order to subsidise to feed you, government will buy cheap from farmers, who will then find it unprofitable to plant food so food gets imported at inflated prices.

Trust me. You are worth far more than 30k a month or you at least ought to be.

Lol who are the people even liking your post. That's not how subsidy works. The government agency will buy cheap from farmers and sell cheap to citizens, then pay the farmers the subsidy (the balance) from our budget yearly or monthly.

That will mean the government will probably have to accrue debts inorder to feed it's citizens and it's not a bad thing IF the Nigerian govt were also investing in agricultural sector to ensure that we can feed ourselves and eventually export so we pay back our debts.

When such a thing happens, even N30k will have so much value for the common man.

But Nigeria is operating a completely elitist govt, they don't give a damn about the citizens! Reminds me of Cheik Anta Diop description of Roman Empire in earlier times. Where the Patricians(elites) feasted every night whilst the plebs(citizens) were starving to death and refused ownership of land to even farm.

Join MOP centre today on IG, let's take back our country!

Still available

NeckingNgulping:
The elites who don't experience the pain of hunger are always having a reason to celebrate while the commoners keep languishing in poverty.

Madam, go tell your husband to tell his principal that a painter of garri is now 4k plus. Nigerians don't give a Bleep about your award.

A day will come when the oppressed shall take over. I shall be there.

Please join MOP centre on IG so we the oppressed can take back our country!

Sold

DeLaRue:


That's clearly not correct.

Naira is on the up.
Insecurity is waning.
Prices of major goods are coming down - cement, diesel, iron rods etc
Student loan scheme on the way.
Federal road construction is at unprecedented levels.
Foreign investment is pouring into the country.
Federal revenue is at unprecedented levels - about 2 trillion shared with states last month.

Not bad for a government that is less than one year in office.

If they keep performing like this for another 3 years, I personally believe this will be the best government we have had in at least 50 years.

This did not age well

nani667:
🫱🏻‍🫲🏼🫱🏻‍🫲🏼

I thought you downloaded Warzone not CODM

1Sharon:


The boy went to her house, where is the rape?

These little boys are not saints. They were sent to destroy. If you see my 12 years neighbour, you go think say na grown man. Very tall, muscular. I know he has disvirgined.

What in the world? Imagine if a 38 year old man described a 12 year old girl like you just did.

You're very sus. Even your first sentence sounds like something I read in the news that a rapist used as his defence.

Zooposki:


Which 30year old Nigerian woman will date a 16year old Nigerian boy? Cmon, it’s the opposite in Nigeria. Nigerian women are attracted to older guys, while white women are attracted to younger guys.

Meanwhile Nigerian men and Oyinbo women are the same. That’s why you hear of so many paedophilia cases involving Nigerian men. Ontop of it you can add rape as Nigerian men culture.

You saying it is a white woman culture is absolutely right BUT just like every white culture we have copied, this too has unfortunately been copied through white individualism.

Nigeria and Africa at large before white people intervened had a strong socialist structure at its core, keeping a secret or doing things in private is almost impossible.

But ever since we've been building our homes with super high fences especially in the urban areas, giving kids access to phones at 13, even adults having phones with all that's online is an issue, maintaining individualistic mindsets(it's not my business), parents working long hours not paying attention to the kids, OLDER NIGERIAN WOMEN HAVE BEEN MOLESTING NIGERIAN BOYS. I know what my eyes have seen, I just can't say.

But just like every other topic that does not bring profit for our media houses, it is underreported. Even in white countries it is highly under reported. When it becomes a thing, you'd be surprised how many cases per day you'll see.

ruggedtimi:
Modified: oyibo journalist with taking pics of offenders enroute to the court room. Whenever i see a topic like this i definitely know is a burnette/blonde.

Sherlock Holmes over here guys lol. Of course she's brunette/blonde. Those are only two colours they could ever be. Gingers are like 0.09%

Blaze14k:


Seconded.. we can't manage the country properly

There are many mismanaged European countries. In fact two European countries are fighting a war. Does that warrant an African to go and colonize them?

Ggg

Danabu:



Price control in a free mark et economy?

Even in the most capitalistic and free market country in the world USA, their government set price control on food and sometimes on rent. You can't have the prices of food skyrocket anyhow, you'll throw that society into anarchy.

I think 615,000 is a tad much. It should be somewhere around 80k but most importantly, what the NLC should be fighting for is price control so that even 80k will have so much value.
And that's why I think investors love Nigeria, because we open our market to all sorts of foreigners and they set outrageous prices for goods because we don't have price control. Even our very own Dangote that we gave license to use our natural resources, we can't afford the things he created with our resources!