Jogs1900:

My point is that NLC is only agitating for government workers if you know the way they operate.

Minimum wage is an all rounder.if anybody employs u n givs u an employment letter with payment lower than minimum wage...u can report to labour.How can u say minimum wage is for government jobs only.

Like seriously! My village people should expect my trouble when I receive 200k by April. Police stations go full

Lolz collect 200k if there is no economy to back it up
You will buy a bag of rice 200k

200k
Will be as Same as 30k today

Ordinary 35k wage award dem no fit pay

accordadoga25:
Hehehe

🐕-ERO the toothless dog.

He needs money again.

Ipobic element

@Seun cc

Education without common sense is useless. Raising minimum wage is not the solution. The percentage of people working for the government are relatively few. What happens to the large populace? Cost of living will increase and the hardship increases.

Set up industries. Produce most of the things we import. The value of naira will rise, price will drop, unemployment will reduce and life will become better.

Why can't we produce common tricycle? Even mini buses? Our leaders are just lazy. They are just administrators and not productive.

Jogs1900:

I'm not trying to ridicule the movement..We in the private sectors see NLC as government staff movement. They only use us to achieve their aims. A salary increment is not the solution. But if they insist, the government can pay the 200k and after like 2 months, devalue the naira. Additionally, salary increments will lead to inflation if you understand my point.

Are you aware of the inflation that has currently turned the current minimum wage to nothing? There have to be adjustments. A bag of rice is twice the minimum wage now and this wasn't so in 2018. Not to talk of increases in school fees, house rent, medications and other factors that contribute to living. Government will struggle to pay but as usual they will meet at some point that can alleviate the sufferings of the Nigerian worker

I tell you, what the government will aim, will be to peg minimum wage at a value between 50 and 70 thousand Naira. This I have seen and I'm sure labour will drag back and forth but at the end of the day accept that amount.

JASONjnr:


No...

If a currency is devalued. Prices of commodities will follow.

For instance a back of rice sold for 50k will be sold for 5k.

The only problem will be higher import cost. Which many imported goods will be very expensive and importers will reduce its importation power and if those imports are majorly goods we depend on, then, it can lead to inflation.

Devalue or revalue? Go and update urself about currency revaluation pls.

Jogs1900:

Don't you think when they devalue the currency, with 200k, we won't be able to buy what 200k can buy now.

Money is already devalued and the workers are feeling it. How much do you buy a dollar before May 29 last year and how much is it now either black market or government I & E rate? Compared to 2018 when the last wage was negotiated?

Fiscus105:




Devalue or revalue? Go and update urself about currency revaluation pls.

I thought I was alone. Got confused with his analysis

Jogs1900:

That's where im going to..Almost everything we consume in Nigeria are imported or import dependent including petrol, chicken feeds etc.

We have so many problems even the rice produced in Nigeria that does not go through customs or shipping is competing price with foreign rice is that not greadiness?

AqualinaXYZ:



Every educated family has one or two government workers



If e no reach your immediate family your uncles or aunt will benefit so don’t ridicule the movement



Abi you wan make Tinubu use the money add more Yatch

Really? Every educated family has one or two government workers? How did you make your findings?
You guys should stop making generalizations that sound ridiculous.

Those attacking the NLC president and saying the amount is unrealistic should take a chill pill!
Would you go into a negotiation from a losing position?
That was the mistake former NLC president ayuba wabba made when he proposed a 55k minimum wage and at the end it went down to 30k!
If NLC presents a 100k,the FG may likely propose half of it which won't be enough!
Let the starting amount start from a huge figure so that the eventual amount after negotiation will be atleast 90-120k!

Nonsensical and rubbish!
Can the NLC pay their own Staff that much, assuming they have business they run, privately, without the business running down?
Why can't we do something reasonable? So, even when some of you absent yourself from Office, you still collect Salary?

Jogs1900:

I'm not trying to ridicule the movement..We in the private sectors see NLC as government staff movement. They only use us to achieve their aims. A salary increment is not the solution. But if they insist, the government can pay the 200k and after like 2 months, devalue the naira. Additionally, salary increments will lead to inflation if you understand my point.

Your point is valid, quite valid and tenable but you and I know that the talks of 200k being doled out as the minimum wage look like a pipe dream fit for soakaway at best.

And to the first to comment moniker up there, any salary (perks, allowances inclusive) being paid to the public officers, be it elective or appointed should reflect the current economic realities on ground and not the other way round. We can't be feeding a selected few with flesh while the rest keeps fighting over bones.

Some of you don't know simple macro and micro economics but are here defending your tribes man because he promised you Agbado

Patriotic9ja:


I thought I was alone. Got confused with his analysis

Even revaluation won't work going by his analysis in this argument, because the civil servants salary too, would be revalued. So, the purchasing power of civil servants will still weak and poor.

200k but based on work/hour. All those civil servants that just seat down doing nothing will wake up once they realize it's no work no pay.

Make

dre11:
Tinubu Minimum Wage: It’s N200,000 or … NLC raises negotiation team; Labour President lists conditions


•New regime expected to take effect April



https://www.vanguardngr.com/2024/01/tinubu-minimum-wage-its-n200000-or-nlc-raises-negotiation-team-labour-president-lists-conditions/

They normally call it national minimum wage but in reality, it is federal government workers minimum wage because the states, local governments and the private sectors never implements it.

Then prices would skyrocket again
Spag will be 1,500 naira
And from fagba to agege will be 800naira
One satchet of water will be 200naira

matify83:
The problem is not increasing the quantity of naira bills you take home but the fact that would 200K translate to a Living wage when implemented?

After paying the 200k, what happens if a bag of rice costs 100k?

I foresee inflation making nonsense the expected gains from this wage increase. The monies that would be chasing fewer goods and services would be monumental.

You are the only person that atleast understand primary economics

Quote me.minimu wage will be between 50-70k.

Na just initial gra gra

No vawulence abeg..it's becoming uninteresting

Minimum wage as 200k will devalue the naira more. I want a better economy for us all but this is a bad idea.

Ni body take this NLC serious again, that his office has been redicule a d reduce to Nothing.

Who will now fight for the private sector,these clowns should know that this will further push up inflation

matify83:
The problem is not increasing the quantity of naira bills you take home but the fact that would 200K translate to a Living wage when implemented?

After paying the 200k, what happens if a bag of rice costs 100k?

I foresee inflation making nonsense the expected gains from this wage increase. The monies that would be chasing fewer goods and services would be monumental.

what could be worse than this?