Attention Labour: Fixing Minimum Wage At N615,000 Would Cause Hyper-inflation! - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Attention Labour: Fixing Minimum Wage At N615,000 Would Cause Hyper-inflation! (257 Views)
| Attention Labour: Fixing Minimum Wage At N615,000 Would Cause Hyper-inflation! by imagrg(op): 12:22pm On May 05, 2024 |
It is true that the previous N30,000 minimum wage is no longer sustainable but fixing minimum wage on N615,000 is unrealistic and could lead to hyper-inflation in the country. Such largesse wage increase can make prices of goods and services rise to an astronomical level and increase the sufferings already initiated by the removal of petroleum subsidy. Methinks fixing minimum wage at N80,000 would be more realistic and may inflict less economic stress on the masses. Or what do you think? |
| Re: Attention Labour: Fixing Minimum Wage At N615,000 Would Cause Hyper-inflation! by Anyenmoney(m): 12:52pm On May 05, 2024 |
Currently,. Is this Tinubu economy not hyper-inflated? My friend, go and sit down in one place and sggfh da fgdtg up. 1 Like |
| Re: Attention Labour: Fixing Minimum Wage At N615,000 Would Cause Hyper-inflation! by Deemas(m): 1:01pm On May 05, 2024 |
Anyenmoney:Don't mind him, he just read SS 1 Economics textbook and came here to explain what he read. We've been experiencing hyper-inflation since 2017. |
| Re: Attention Labour: Fixing Minimum Wage At N615,000 Would Cause Hyper-inflation! by Nasman(m): 1:02pm On May 05, 2024 |
You are mad |
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