₦airaland Forum

casualobserver:
With due respect, this is why I am an advocate for teaching in our local languages. It is amazing how people read but fail to comprehend! Do I have to spell it out to you? In my example of a farm with 10 workers and one with 3 with the same output is it not what you highlighted above that I am saying? Clearly the 10 workers are not working all the time and are peeing paid to be idle! Again do I need to spell it out. I really get irritated when people can’t understand what they read and then waste my time by quoting me to grab my attention.

Do you don’t understand the meaning of productivity? What are you saying what am I saying?

Jesus wept!,

As far as your other drivel, make up your mind whether you want a capitalist society or a communist society. You want to reduce the salary of the man who took risks to create a business that provides the opportunity for you to have a job or the man who studied hard to acquire highly in demand skills? Some people deserve to be on minimum wage just based on the level of thinking , the level of intelligence!

People are paid according to their value. A man who works to increase his value has the right to earn to earn as much as he wants, a man who doesn’t improve himself, learns no skills, spends all his spare time in church deserves minimum wage. This kind of thinking is why our national productivity is low.

Clearly you are also very naive, if you feel someone will invest in Nigeria if he can’t take his profit out…because his ancestors were Nigerian or what? Honestly the level of thinking of some of you is so pedestrian!

Why are you getting so riled up?

The fact that someone like you is even calling me names. 😂😂 I'm not naive, I'm just operating on such a high-level of consciousness beyond your comprehension, the kind some of our true African kings operated on.

Asking me if their ancestors are Nigerian. If you don't want to suffer from modern day imperialism and know that your country is worth everything, then yes you'd limit investors from taking profit out. They must spend it here.
Many successful countries put systems that limits investors from taking their profit out of the country. Vietnam and Russia are good examples and their economy is doing just fine. This is national economics 101 and they'll never teach you this at your yabatech abi where you school?

If you let me, I can open your mind so you quit spitting white supremacy/imperialism regurgitations all over the place. Capitalism is foolishness. It's origin is greed and I have evidence. "You want to reduce the salary of the man who took risks" stupid question. The important question is how can you give a man access to infinite wealth/resources in a finite planet?

You don't know the series of clashes working class before you have had with the bourgeoisies to make sure you're not currently working 24/7 locked in a warehouse for a spoon of soup. If you leave capitalists alone, they will pay even you with your yeye skills peanuts because there's 1 million of you available. What value is your skill if you can't have access to resources owned by Capitalists? As a working class, your only true value is in unity, in unions.

When you open your third eye by continually seeking knowledge aligns with your spirit, you'll understand the history of the things around you and why Nigeria a country without capital should never ever consider capitalism in this world.

triplechoice:
I don't understand why someone of you keep mentioning printing of money to pay as if civil servants will be paid in cash.

The physical money in circulation is already enough to go around . Most people have embraced Internet banking for making transactions, and the money transferred reflects in the recipient 's account as computer figures, not raw cash.

And every worker we not withdraw physical cash on the same day salary is paid. Most of my transactions these days are through bank transfer and it's so for many others.

I know they'll not be paid in cash but it's just an economic expression to make people understand what I mean. Basically, the money in circulation will increase without productivity to match it. Demand will pass supply and that's an inflation.

givedemwotowoto:
How much Trump’s former senior special adviser Oma Rosa earning? $175,000

That was the average salary of a software engineer or medical doctor

Politicians in Nigeria earn too much and this is absurd for the useless job they do

Agbadorians like you who should know better just keep on enabling them

You sir are class conscious. Read my post below your post on this thread.

AmiableMosquito:
it's not difficult to know people that have never smelt the civil service before (and that's not in anyway a bad thing - infact, I want to leave the civil service soonest).
Up until May 2023, there was no extra allowance added to that table. What you see there is what you get, even lesser after deduction of PAYE, pension, NHIS, NHF, sports and union dues.
In 2023, a peculiar allowance was introduced which is about 30% of your monthly salary. This helped to raise the monthly take home up a little. But trust me, it's still nothing to write home about. I got into the civil service with MSc 8 years ago and my starting salary was 51000 naira monthly. Yes. 51k. After 2019 MW wage, it rose to 59k. Despite the MW increase from 18000 to 30000, the consequential adjustment on my salary then was just about 8000.

Seun Kuti has said it already. All of us, even personal assistant to the president, even civil servants, all of us have more in common with a poor man than we have with the Dangotes and Tinubus. These people have greedily gathered so much for themselves that we're left to fight for peanuts.

Even P.A too want to feel like Tinubu with his 800k salary so he'll be raising shoulder to poor people instead of aligning with them politically. P.A wey them fit kidnap anytime, P.A who doesn't have access to the same healthcare them Tinubu has.

CLASS CONSCIOUSNESS WON FINISH NIGERIANS!

casualobserver:
Like I said it is a chicken and egg situation. It is robbing from Peter to pay Paul.

Let me give you an example to illustrate: You have a farm of 1 acre with 10 workers. Your competitor farms the same 1 acre with 3 workers. The yield and therefore the income from 1 acre is the same. The farmers in farm1 are naturally poorly paid because there are 10 of them doing the job of 3 people in farm 2 for the same output, let us assume 1 acre of land can only produce a fixed amount of maize. Don’t forget the price of the maize for both farms is the same in the market….. a customer is not going to pay the farmer a higher price because he has 10 workers, if anything the price of the products in farm 2 will be cheaper because his costs are lower but for the sake of this example let us assume they both get the same price.


Remember I mentioned GDP earlier? The Output per worker (productivity) in farm 1 is lower than farm 2. If the both sell maize for N100,000, Farm 1 with 10 workers has an output per capita or productivity of N10,000 per worker whereas in farm 2 it is N33,000 per worker.

Therefore it makes sense that a worker in farm 2 is paid N20,000 for his work totaling N60,000 in salaries, let’s say materials cost N30,000 leaving a profit of N10,000 for the farmer. He is happy to earn just 10,00 from that farm because he knows his workers are efficient and do all the work. In contrast farm 2 has the same materials and input costs of N30,000, all he has left to pay the 10 workers is N70,000. Assuming he doesn’t even make a profit, the worker in farm 1 cannot earn more than N7,000. Now the farmer must make a profit otherwise he will shut down the farm. So he takes a lower profit of N5,000, meaning all that is available to pay his workers is N65,000, meaning the income of the farm 1 worker based on his productivity is N6,500. Imagine farm 1 workers saying they want a salary increase to N10,000, what will happen if he agrees? The farm will close down because the output or GDP of the farm cannot sustain that level of income due to their low productivity. It will mean they have costs of N130,000, income of N100,000 and loss for the farmer!!!

That is why I keep emphasizing the importance of our GDP per capita of N150,000, I.e the average output of all Nigerian workers from the lowest to the highest…it cannot sustain a minimum wage above N70k without a drastic increase in productivity. Increasing purchasing power without increasing productivity is just kicking the can down the road. If you increase the purchasing power of the 10 workers in farm 1 and they are still only producing 100,000 worth of maize you are just going to induce inflation because their output is still the same and the prices of the things they buy will go up because those workers have more money but you the farmer will incur debt or go bankrupt and so in the end you will be forced to close down the farm.


The solution is either 1) to reduce the number of workers for the same output if that is the only farm you have 2) leave salaries as they are for the same output or 3) find another acre of land and move 5 workers to the new farm in which case you can double their wages because their productivity has doubled.

Bottom line Nigeria has a worker productivity problem not a purchasing power problem. The poor purchasing power is a result of low productivity. Increasing purchasing power for the same level of productivity is a recipe for inflation. But most importantly, just as the farmer cannot increase salaries beyond the income of his farm, you cannot increase salaries in a country beyond the output of your country. Again this is why I keep emphasizing the importance of our GDP per capita, it is the value of the output of the average Nigerian. You can’t give what you don’t have!!!

If 3 workers can produce N100,000 in farm output at another farm, you solve the salary problem of the 10 workers by sacking 5 and creating another farm for the sacked 5. The output increases to N200,000 and you can pay all better wages. The problem is the same workers in farm 1 who want salary increase will down tools at the farm if you suggest it.

@teepain

I think casualobserver is forgetting some factors. Firstly, just like teepain said, most of the civil servants, the senators, most of the governors, even the president are not working. The entire public sector is overfilled with physical ghost workers. So yes, I think it's better to have some layoffs for livable wage and let the actual workers get productive with risk of losing their jobs.

Another factor is that in your example, the farmers are earning less than even the workers like a communist society. Nigeria is a capitalist society and the foreign and local investors earn X50000 their initial investment with no ceiling. Even Nigeria govt want to put small money in Nigeria and remove big money 😂😂 Nigeria govt will build inferior roads and then add tollgate.

The real discussion Nigerians and NLC should be having is MAXIMUM WAGE or INCOME TAX. With maximum wage, the profit from the organisations will be high and Nigeria like USA must implement the rule that you can't take profit out of Nigeria. Therefore, the investors will be forced to reinvest in other NEW businesses to make more wages which means new jobs. And that's how you improve productivity and reduce inflation.
With income tax increment, Nigerian govt will only misuse the money so I'd rather have maximum wage, leave the money in the hands of investors.

bixton:
There's no proof that if they increase wages that there will be inflation other than it's just typical theoretical economic talk.

It is said that the approved UN wage for one who lives above the poverty level should be $2 per day and we all know how much that is in today's exchange. But even at that we can't settle for such because the Naira holds no much value and no significant purchasing power even in the hands of a nursery school pupil.
Why don't our so called leaders ensure the economy is truly working rather than this trial and error approach and artificial inflation we experience.

Behind all the economics is the main topic of justice and fairness, of good and evil. Our leaders are just pure evil and having the citizens beg for livable wage is just the height of evil but that's the foundation of Capitalism.

And until Nigeria adopts a better system, the status quo of begging for dignity will remain.

JOIN MOP CENTRE ON IG, A SOCIALIST POLITICAL ORGANISATION WHERE WE ALL BECOME LEADERS OF LEADERS

lexy2014:
but why have you not asked yourself why those in power have not cut down on wasteful spending to accommodate improved salary for workers?

how will the increased salary result in inflation?

is that what caused the inflation that has been ravaging the country since tinubu came to power?

I hate to say it but I think he's right. The initial cause of the inflation was clearly from our leaders but the increment of wages MIGHT also add to the inflation especially if the govt borrows/prints more money to pay.

And I also agree with you that the right way to go is for those in power to cut on wasteful spendings to accommodate the improved salaries.

In fact, a wiser approach would be to introduce maximum wage. And that maximum wage should not be 10X more than the minimum wage. Therefore even at 30k, our leaders take home will be capped at 300k. You'll be surprised how immediately minimum wage will rise to 300k without striking 😁.

fredoooooo:
Give more details .. we will join if there's no hypocrisy or lies ..
We all want something new ...

MOP, THE MOVEMENT OF THE PEOPLE was originally created by Fela, a man that's popular for committing class suicide and joining the side of the people.

Seun Kuti, his son, in the spirit of revolution has revived that party as an interim chairman and the mission of the party is clear. To firstly politically educate the people, to invite more Nigerian professionals who are the actual bedrock of this country to build a bridge with the poor people of this country and to finally give the true people of Nigeria an opportunity to represent themselves at the polls.

This no be Obidient or Batified. Our leaders will arise from our midst and the party has socialist ideologies at it's core.

Follow on IG for more information.

But what did Nigerian citizens ever do to the elites for them to hate Nigerians this much?

Like Labour Party like APC

Join MOP now!!

yommen:
Labour know they can't get 464k. They just want something reasonable. Government should be reasonable too. An average senator earns roughly 13m every month while you who do the work is demanding for 80k. Benin Republic minimum wage is CFA52,000 which amounts to N127,000. Same goes for Togo. SA is N2,150. 8 hours in SA is N17k. I. 20 days, you have over 300k in Naira. Why are you demanding for 80k? Senators earn up to N13m every month. Go and change your poverty mindset.

What useless inflation are you talking about.? A bag of rice already rose from 8k to 80k with the same 18k/30k minimum wage. From January last year till now, garri rose from 1,200 to 4k. What other time of inflation do you now want to talk about?

Even though the creator of this thread and a couple others are clearly agents of APC, a lot of Nigerians are not class conscious and mistakenly take the side of their elites. Some who work like slaves don't even believe they deserve to be paid anything over 100k. The elites have really won the class warfare.

I created a topic a couple days to show poor NL the relationship between NLC and class struggle and the need for the poor people to keep QUIET but of course, it doesn't make front page.
https://www.nairaland.com/8107963/class-warfare-labour-union

Increase in wages doesn't cause inflation. It is increase in money in circulation that does. And this means something has to give for the people of Nigeria to live lives of dignity and the economy to remain stable at the same time.

Obito555:
It's a night adder
And its venomous

You're the only person that got it right and some other guy that used image search.

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!