₦airaland Forum

Enemyofpeace:
it should not be more than 35k

Because you're jobless

Hehe… e just show say na real Nigerian “leaders” dem be. Backward thinking idiots.
E be like say once person hold office for Nigeria no matter how small their sense dey hit reverse

sleek214:
Clowns. Even if government raised the minimum wage to N1,000,000 today, it will still be worthless because the economy will be on hyper inflation. The same goods you buy for N30,000 today is the same thing you will buy for N615,000, if minimum wage is increased.
Minimum wage was increased to N30,000 a few years ago and many states are yet to fully implement the N30,000 , most of them are still owning workers and you want FG to increase it further.

So what is your solution for the suffering workers

Blitzking:
Govt can't pay 650k except you want them to print money and we become like Zimbabwe.. where we have 1 trillion naira note..you go buy bread 30k

Government won't print more money because salaries are no longer paid in cash like before.

These days it's bank transfer and not everyone withdraws cash to pay for goods and services.

Doyin2:
You need to receive some sense.


Dealing with corruption and oppression can never be via bogus wage demands,thereby worsening an already worse situation.


Has Labour ever protested against corruption and outrageous salaries of politicians ?
Oh you want government workers to also join in the treasury looting party ?

And so what happens to the private sector population which constitutes over 96% of the total population ?

Minimum wage of any country is a function of productivity and level of revenue.

The minimum wage in Nigeria is among the lowest in the world because our GDP per capita is also among the lowest in the world.

The total monies being stolen by public officers are not enough to pay N615k minimum wage,whereby a fresh graduate would now be earning like N2million per month!

How many Nigerian private sector companies can afford that?

Who tells you that a fresh graduate will earn 2m if miimum wage is increased to 615k?

That's not how it works in the civil service. The difference is not much.

Ask any civil servants you know to get you better informed before coming to Nairaland

triplechoice:
Because you're jobless

because poverty dwells in your life

zionstaar75:
you are a very sensible guy, which state government will pay 615k?do they know the kind of inflation that will cause?bunch of idiots

615k for about 5,% of Nigerian workers in the civil service will cause hyperinflation?

You go skol so?

Not realistic. They should stop playing and be serious.

100 to 150k is okay

615k is a huge joke those phools should be serious for once

Salary increase is not the way forward. Of course, there should be a reasonable minimum wage.

Paying 615 is very easy for fedral government they will increase tax and what u buy 30k will now cost 615k

Nigeria current economy minimum wage should be 60k let’s improve our purchasing power by producing more local goods

triplechoice:
Who tells you that a fresh graduate will earn 2m if miimum wage is increased to 615k?

That's not how it works in the civil service. The difference is not much.

Ask any civil servants you know to get you better informed before coming to Nairaland

Trash!

A fresh graduate on level 8 earns about N81k basic salary.

Now what is the % increase of 30k to 615k?

615/30 x 81,000 = 1,660,500

Whereas even N615k for every government worker would still be tantamount to looting of the treasury at the expense of other citizens and non government workers!

triplechoice:
615k for about 5,% of Nigerian workers in the civil service will cause hyperinflation?

You go skol so?

It is actually you should be asked whether you went to school or not.

Inflation is a function of money supply and not percentage of people.


You can calculate how many trillions the government will be spending only on wages, even if every worker earns N 615k per month!!

Private sector workers are also entitled to minimum wage.

Doyin2:
Seems you don’t get it.

We should protest against treasury looting and the outrageous salaries and allowances of politicians.

But the solution is not for government workers,who constitute not more than 5% of the population,to also join in the looting of the remaining treasury meant for over 200 million Nigerians.What about the private sector and other non government workers?

Even at the current min wage,private sector companies are barely surviving ,so what happens to them ,with N615k minimum wage ?Everybody would have to go home!!

Asking for N615k min wage,is tantamount to asking to join the looting of the treasury and Nigeria as a country would become worse for it!

Our current productivity level and GDP per population,is too low and that’s why our minimum wage will continue to be among the lowest in the world,unless you want to turn Nigeria to Zimbabwe.

What I am saying is.....as minimum wage is increased.... president, vp, house of rep, governors, local govt chairman, etc salaries and bonuses etc should be reduced,
U will see that no body will fight for that seat

650k or nothing

helinues:
Gosh, why do we have unserious Labour union in Nigeria nitori olorun.

You guys are disgusting with this unrealistic proposal

Please think outside the box.If the federal government can spend N90billion on Hajj, it means they have the money.Senators and House of Rep members are paid in millions is it chicken change of 615k that they cannot pay? NLC is not even saying Federal Government should pay that exact amount,they are saying bring something tangible as an offer.You can't be saying N100k, 150k again, tell us how you expect a man with his wife and children to feed with N100k in this present predicament? That money is too small
FG should wake up , the era of paying change to workers and be living in affluence and being extravagant has passed.

adenigga:
Source: https://punchng.com/Minimum-wage-We-wont-shift-ground-on-N615000-demand-says-Labour

NLC, I am proud of you.God bless you there.Anything less than 200k, please don't accept it .

Let's manage 300 or 360k as things still dey increase so and dollar dey rise. They should put laws to review under 2 years. People are starving abeg and many dying

helinues:
Gosh, why do we have unserious Labour union in Nigeria nitori olorun.

You guys are disgusting with this unrealistic proposal

Perhaps, slightly too much, but still not unrealistic.



Look at the cost of food. The minimum wage needs to meet up, otherwise crime rate and suicide rate will jump up.

Doyin2:
It is actually you should be asked whether you went to school or not.

Inflation is a function of money supply and not percentage of people.


You can calculate how many trillions the government will be spending only on wages, even if every worker earns N 615k per month!!

Private sector workers are also entitled to minimum wage.

You're making baseless claims. Back it with evidence please.
Show evidence of how the increase of minimum in the past in this country led to hyperinflation. That's all and stop saying things based on textbook economics theory and principles which doesn't always apply in real life.

Less than 5,% are civil servants in Nigeria. Moreover, not everyone in the private sector is required to pay minimum wage. There's a condition that must be met before they must pay minimum wage.

So your talk that trillions will be used to pay minimum wage once increased is you imagining things that aren't real.

FYI, the 615k is just a proposal.
You don't know enough hence your resistance to a living wage for workers.

1.Civil servants are about 5%

2. Not everyone in the private is mandated to pay minimum wage. You certainly didn't know this if not you wont say all the things you've said something far.

3. There's a minimum wage act which makes it mandatory that minimum wage is reviewed upward every 4 years for workers to earn a living wage. You also don't know this and the calculations involved to arrive at a living wage.

Go and get yourself better informed before you can discuss this with anyone
.

If a living wage would cause hyperinflation as most of you have been singing everywhere , you wouldn't be one to tell us . The federal government would have been saying so during
the ongoing negotiations, and even the world bank and the IMF who like to poke nose unnecessarily into the country's affairs all the time would have advised against.


Maybe you assume you know more than them. But I know you don't know. You're just overreaching yourself with the little you know,like some others here, to ring the alarm bell of hyperinflation when you don't need to.

sleek214:
Clowns. Even if government raised the minimum wage to N1,000,000 today, it will still be worthless because the economy will be on hyper inflation. The same goods you buy for N30,000 today is the same thing you will buy for N615,000, if minimum wage is increased.
Minimum wage was increased to N30,000 a few years ago and many states are yet to fully implement the N30,000 , most of them are still owning workers and you want FG to increase it further.

What you are trying to say is that workers salary should be stagnant while other good and service is increasing, kudos to you

Enemyofpeace:
it should not be more than 35k

You really tried, after going through university, I should be earning 35k, am I still a corp member

imagrg:
You people want to completely finish the average Nigerians that aren't working.

Don't you know that this will heighten inflation in the country?

Rudderless people.

So the govt has been lenient with average Nigerians with what is happening?

When they buy 160m jeeps for themselves, collect about 30m monthly, increase taxes, electricity rate, fuel while using dollars to bribe each other during elections, they did not finish the average Nigerian abi and all of these did nothing to affect inflation.

When one idiot can pay sch fees of his children for years and the sch had to refund the part of the money means nothing to you.

This guy managed a state for 8yrs, if he can do this, imaging what he did for that 8yrs then multiply by 36gov to see the negative impact. Let's not talk about ministers.

It is now labours request of a minimum wage that will cause inflation. Seems you just discovered the word INFLATION and are eager to use it.

CountinBlessins:
Very good

If the stupid president can employ 65 special advisers , wasting money paying them then surely he should pay the minimum wage NLC demanded

If the stupid useless foolish president could approve N90 billion for hajj to mecca for his friends and political allies then surely he can pay the minimum wage NLC are demanding.

Fūck that useless idiot Tinubu

You be mumu ... From 30k to 650k ... You mumu gan ...

Menclothing1:
Paying 615 is very easy for fedral government they will increase tax and what u buy 30k will now cost 615k

Nigeria current economy minimum wage should be 60k let’s improve our purchasing power by producing more local goods

In your opinion if the minimum wage is pegged at 60k what should be the salary of a senator?

Cool83:
You really tried, after going through university, I should be earning 35k, am I still a corp member

can't you sacrifice a little for Nigeria and the future generations?

helinues:
Gosh, why do we have unserious Labour union in Nigeria nitori olorun.

You guys are disgusting with this unrealistic proposal

you are just a very foolish idiot. They gave the variables that led to their proposal. Come up with yours or die with your envy as a jobless fool you are.

Jd10k:
The Labour Union should please come up with a realistic figure.
Things are very costly now and the federal Government will be very happy with Labour Union unrealistic and delaying demands.

Define a realistic figure and come up with a breakdown on how your arrived at it, that's what the Labour are asking. Can you do that??

triplechoice:
Enough of this hyperinflation talk. Zimbabwe's was because of sanction from Western nations and not minimum wage. Don't misinform the public about what you don't know.

Focus on Nigeria and provide evidences to support your claim. This is going to be the third time for miimum wage increase in Nigeria after the minimum wage act was signed into law .

Why was there no hyperinflation when Buhari signed 30k?

It seems most of you assume that once minimum wage is reviewed upwards then every single Nigeria, (employed and unemployed), will automatically have much money in their pocket to cause hyperinflation.

The number of civil servants in each state in Nigeria is not up to 5% of the population.

So , please stop hallucinating about something you don't understand and face the reality that wages must be increased to meet up with current realities in the country .

There's a minimum wage act which mandates it must be increased every 4 years so workers
go home with a living wage. The resistance of you and your likes cannot stop it.

You don't know more than the government who wants to increase it. If it would cause hyperinflation, they should know since they have economic experts to advise them.

You and your likes don't have what it takes to advise the government on what to do. Your textbook economics knowledge is not enough.

Even the world bank and IMF have not gone against it because they know it's needed at this time.

Here’s why it will cause hyper inflation. In Nigeria, minimum wage negotiations are never only about the min wage alone, they are also fighting for everyone along the chain.

When we went from 9k to 18k, salaries of mid level and senior civil servants also doubled. Same happened when we went to 30k. So if you 20x someone’s salary from 30k to 615k historically that means people earning more currently also have to be bumped up.

That is the irrationality of labor negotiations that didn’t start today. We realistically need to do two things as a country.

1. Set a national min wage to reduce poverty. FG then sets its own at a slightly higher sum and each state does same based on capacity to pay.
2. Compress the wage disparity between the lowest and highest earners to reduce inflation. That way lower earners get the highest wage increase (labor will definitely fight this) and people earning millions maybe don’t get any increase.


The FG knows the implications of having an unrealistic min wage. People will just float the law.

Iolo:
Here’s why it will cause hyper inflation. In Nigeria, minimum wage negotiations are never only about the min wage alone, they are also fighting for everyone along the chain.

When we went from 9k to 18k, salaries of mid level and senior civil servants also doubled. Same happened when we went to 30k. So if you 20x someone’s salary from 30k to 615k historically that means people earning more currently also have to be bumped up.

That is the irrationality of labor negotiations that didn’t start today. We realistically need to do two things as a country.

1. Set a national min wage to reduce poverty. FG then sets its own at a slightly higher sum and each state does same based on capacity to pay.
2. Compress the wage disparity between the lowest and highest earners to reduce inflation. That way lower earners get the highest wage increase (labor will definitely fight this) and people earning millions maybe don’t get any increase.


The FG knows the implications of having an unrealistic min wage. People will just float the law.

What's an unrealistic minimum wage?

Is this the first time we are having minimum wage reviewed in this country?

Why did it not lead to hyperinflation in the past?

How can minimum wage upgrade for civil servants who constitute less than 5% of the entire population in the country lead to hyperinflation ?

Or do you imagine that once minimum is reviewed upward then every single person in the country will start earning it, whether they're employed or not?

Do you know more than the economic experts both in the federal government negotiating them and in the IMF who aren't mentioning anything about hyperinflation during the ongoing negotiations.

Please answer every one of these questions in your reply.

FYI ,the 615k proposal by labour is because of what the minimum wage act says; that workers in the country should have their salaries reviewed every 4 years so they can earn a living wage. Minimum wage is a law which the federal government cannot go against. Please know this and stop resisting miimum wage review for civil servants.

Those in government who know the truth aren't listening to you and your likes.

Besides I don't think you know the criteria used in calculating a living wage if not you would have mentioned already what's realistic for government to pay.

48 k being proposed by the federal government is not a living wage . Thank you

triplechoice:
What's an unrealistic minimum wage?

Is this the first time we are having minimum wage reviewed in this country?

Why did it not lead to hyperinflation in the past?

How can minimum wage upgrade for civil servants who constitute less than 5% of the entire population in the country lead to hyperinflation ?

Or do you imagine that once minimum is reviewed upward then every single person in the country will start earning it, whether they're employed or not?

Do you know more than the economic experts both in the federal government negotiating them and in the IMF who aren't mentioning anything about hyperinflation during the ongoing negotiations.

Please answer every one of these questions in your reply.

FYI ,the 615k proposal by labour is because of what the minimum wage act says; that workers in the country should have their salaries reviewed every 4 years so they can earn a living wage. Minimum wage is a law which the federal government cannot go against. Please know this and stop resisting miimum wage review for civil servants.

Those in government who know the truth aren't listening to you and your likes.

Besides I don't think you know the criteria used in calculating a living wage if not you would have mentioned already what's realistic for government to pay.

48 k being proposed by the federal government is not a living wage . Thank you

Ok. You seem to assume I’m against a wage increase. My comment never mentioned that. The FG must work with all stakeholders to increase the min wage. The argument is how much is reasonable…48k is not the answer and I agree with your sentiments there.

First off, your assertion that min wage impacts only civil servants is wrong. The min wage is a national law impacting every government and business and will become legally binding on everyone. This includes the cleaners and entry level workers at private companies (whichever of them is still paying the min wage).

My comment suggested a novel structure that makes everyone happy. I will summarise it again.

- FG sets a floor rate that binds to everyone (this will become the national min wage). For example 100k.
- FG sets a higher min wage for federal civil servants. For example 200k.
- State governments can set whatever min wage they want to set provided it is above the min wage.

The reason for this is the FG may be able to afford to pay civil servants more but most states can’t. Also, many small businesses will either lay off staff or go out of business if they become forced to pay an unreasonable min wage.

Finally, my thoughts around wage compression are a simple fact. Right now the disparity between the haves and have nots in Nigeria is massive.

Entry level is 30k and some professionals earn 5m monthly. You don’t find this in developed countries (excluding CEO / stock based compensation). My other suggestion is for the FG and states to solve for this by making the wage increment disproportionate such that lower income earners get higher increases than the senior folks. That also means less overall cost and increases the likelihood of it being sustainable.

The comments here are extremely disheartening. The attacks should be directed towards the government to be more realistic. What is 48k for crying out loud in this hardship?

The pressure should be directed at them to present a realistic minimum wage. These guys said 48 thousand and you are still throwing your missiles at labour? Who told you that labour will not shift ground? Its a negotiation for godsake.

If I were labour, with the kind of comments I'm seeing here, I would just agree with the government on what ever they want to pay. Let everybody go and rest since the masses cannot even support those seeking their welfare.