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Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 - Politics - Nairaland

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Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by Islie(op): 8:22am On Jun 03, 2024
The Nigeria Labour Congress (NLC) has declared an indefinite nationwide strike starting on Monday, June 3, 2024, due to the Federal Government’s refusal to increase the proposed minimum wage above N60,000.

Despite the government’s final offer of N60,000, which included a recent increase from an initial N57,000, the labour unions found the proposal insufficient, setting a new proposal at N494,000.

The Evolution of Nigeria’s Minimum Wage

Early Beginnings


The concept of a minimum wage in Nigeria dates back to the 1950s. The late Chief Obafemi Awolowo, as Premier of the Western Region, implemented the first minimum wage policy in 1954. Western Nigerian workers received a minimum wage that was double the amount paid to their counterparts in other regions. This initial wage policy set a precedent and sparked ongoing discussions about fair labor compensation in the country.


Post-Independence Struggles

Following Nigeria’s independence in 1960, the push for a national minimum wage continued. In 1959, Awolowo, then the President of the Action Group, campaigned vigorously for a five-pound minimum wage for federal workers. Although he lost the 1959 elections to Sir Abubakar Tafawa Balewa, the issue of a national minimum wage remained a significant political agenda.


The First National Minimum Wage Law

The first National Minimum Wage Law was enacted by President Shehu Shagari in September 1981, spurred by the advocacy of the Nigerian Labour Congress led by Hassan Sunmonu. The law set a minimum wage of 125 naira per month, equivalent to approximately US$204 at the time.


Subsequent Revisions

Over the years, the minimum wage has undergone several revisions:

2000: Increased to N5,500.

2011: Under President Goodluck Jonathan, it was raised to N18,000.

2019: The National Minimum Wage Act signed by President Muhammadu Buhari established a new wage of N30,000 per month.


The Current Debate

In January 2024, the federal government formed a 37-member tripartite committee to review the National Minimum Wage. However, the committee has not yet reached an agreement. The NLC and Trade Union Congress (TUC) have set a deadline of May 31 for the government to establish a new wage policy. The unions are demanding a minimum wage of at least N60,000.

Some states have unilaterally announced new minimum wages. For example, Edo State approved a new wage of N70,000 effective May 1, 2024, while Lagos State has been paying a wage award of N35,000 since January 2024.

The discussions about the minimum wage are fraught with tension, particularly between state and federal governments. State governments often argue they cannot afford higher wages, while the federal government usually proposes higher rates. This discord reflects a long-standing issue in Nigeria’s wage policy, where economic realities and political promises often clash.
https://www.vanguardngr.com/2024/06/nigerias-minimum-wage-in-numbers-from-n125-in-1981-to-over-n490k-demand-in-2024/

Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by weyreypey: 8:23am On Jun 03, 2024
This is due to the locust philosophy of the political leadership.

No desire to produce but strict consumption.
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by gift2xl:
If these devils in leadership will first cast out the mote in their eyes, they will understand what Nigerian's are going through.
They know that they themselves nor their own children can't survive on #60k a month. They want to forcefully shove it down into the belle of the innocent citizens

Let me call NDABOSKY THE LIQUID METAL.
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by mbahdi(m): 8:45am On Jun 03, 2024
I wonder those still supporting dis useless government what they are taking
Nothing is working every body is receiving it wotowoto still u are still supporting them...una mind no go touch ground
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by Jokerman(m): 8:45am On Jun 03, 2024
When you remove subsidy on everything, what do you expect??
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by ecomalchemistt(m): 8:45am On Jun 03, 2024
Naija don cast
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by ziragoldd(m): 8:46am On Jun 03, 2024
gift2xl:
If these devils in leadership will first cast out the mote in their eyes, they will understand what Nigerian's are going through.
They know that they themselves nor their own children can survive on #60k a month. They want to forcefully shove it down into the belle of the innocent citizens

Let me call NDABOSKY THE LIQUID METAL.
the politicians are the ones holding the country down
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by PussyOdour(m): 8:46am On Jun 03, 2024
shocked



Anything less than 200k , should not be considered by Labour. Let the strike continue and let the already sink zoo , sink to nothing.
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by Sultty(m): 8:46am On Jun 03, 2024
FG should pay up sharp sharp
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by tuoyoojo(m):
As long as the can unanimously remove subsidy and increased fuel price from 197 to 700, electricity prices, float the dollar then they must pay the proposed minimum wage

Those in power are paying themselves, buy suvs and shit, so the masses are allergic of the good life abi

Labour should show their bite for once and let the economy feel the impact of the strike

But I can assure u, by this evening, the strike would be called off
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by Racoon(m): 8:47am On Jun 03, 2024
This country just continues to go downwards
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by FactBoyz: 8:47am On Jun 03, 2024
cool
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by anonimi: 8:47am On Jun 03, 2024
Islie:
https://www.vanguardngr.com/2024/06/nigerias-minimum-wage-in-numbers-from-n125-in-1981-to-over-n490k-demand-in-2024/
Incomplete information.

What was the minimum total package of politicians from 1981 to date huh
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by Nairalander248: 8:47am On Jun 03, 2024
What's funny me is the facts that the APC Agbadorians are the major supporters of the strike grin cheesy
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by olatade(m): 8:47am On Jun 03, 2024
Interesting

1. How did govt come up with 60k? What's the maths?

2. Is it good economics to increase cost of fuel by 300% and power by 200%?

3. 800g of milk is 5k+, crate of egg is 4k, 1kilo of chicken is 4k+. Can 60k make a decent living for a single adult.

Hmmmm
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by chatinent:
I don't even support ₦450k minimum wage. Anything below ₦1m is hardship.

Let's calc what you'll spend @ ₦60k in a month.

Cost of fuel: ₦850/litre (that's about 70 litres which is roughly two weeks trip to work if you have a car). If you don't have a car, you are done for.

Diesel: don't even try it.

Tomato: very expensive.

Security: on God.

NEPA Bill: expensive yet no light.

So you can't pay someone who works for 30 days ₦450k? But your son can wear millions of naira in a wrist watch ⌚ from taxpayer's money.

That is to say if the FG was to pay ₦450k as minimum wage, only one wrist-watch ⌚Tinubu's jobless son wears can pay 768 people of the minimum wage of ₦450k monthly.


Even at ₦30k minimum monthly, Tinubu's son was wearing a wristwatch of 11,534 people.


At the FG new proposed ₦60k minimum wage, Tinubu's jobless son was wearing 5767 ⌚people's monthly pay.

Imagine a jobless son wearing a large number of people's proposed salary ⌚ and his father is refusing employed people access to good life.

Anything below ₦1m minimum wage is suffering. At ₦1m, it's still not fair because according to Tinubu's jobless son's stats, it's 365 person monthly per wristwatch. ⌚

It's still very poor to the electorates. You'd imagine how many watches his son has and the collection on his wardrobe.



And the sad news is that your president is preparing his son for politics to take over someday and this one would actually be more ruthless.


To you, Nigeria is your motherland.


To them, Nigeria is their money making footstool with you as pawns.


It's check mate always.


Spoiler: Even the proposed minimum wage cannot buy you a quality wristwatch! So your time is for nothing!

Tinubu is a recommended failure.

Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by anonimi: 8:48am On Jun 03, 2024
ziragoldd:
the politicians are the ones holding the country down
Who gives the politicians power to do whatever they are doinghuh
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by lailo: 8:48am On Jun 03, 2024
If una see #60k no take am. Let hoebidiot dey deceive u as if their lord and saviour can even raise his to #40k if he were to be the president.
Obidient movement=Igbo presidency.
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by Paragon311(m): 8:48am On Jun 03, 2024
Interesting time ahead.


Waiting for the feedback from the Government.
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by McLizbae: 8:48am On Jun 03, 2024
Interesting...
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by techub: 8:49am On Jun 03, 2024
The Naira was overtaken by events
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by ziragoldd(m): 8:49am On Jun 03, 2024
anonimi:
Who gives the politicians power to do whatever they are doinghuh
there is Never free and fair elections in Nigeria. After you vote the govt will do their normal thing. Just look at River state election.
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by sweerychick(f): 8:50am On Jun 03, 2024
grin, APC full of shit! What was the dollar exchange then?
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by anonimi: 8:50am On Jun 03, 2024
ziragoldd:
there is Never free and fair elections in Nigeria. After you vote the govt will do their normal thing. Just look at River state election.
Who said anything about election huh
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by dibunotion(m): 8:51am On Jun 03, 2024
NLC dey flex muscle, them wan try impress us. I no go dey suprise if dey call am off on Wednesday.
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by Akwamkpuruamu: 8:51am On Jun 03, 2024
Ebola should do the needful.

E spent over 2bn travelling yet no results
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by UHLmoving: 8:51am On Jun 03, 2024
Fair minimum wage in 2024 should be 250k


https://www.youtube.com/watch?v=6oVAd_PS7qM
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by Image123(m): 8:52am On Jun 03, 2024
Ridiculous i must say.
Re: Nigeria Minimum Wage In Numbers: From N125 In 1981 To Over N490k Demand In 2024 by MrIcredible:
In 1981, ₦125 was about $190

WHY IS THE MINIMUM WAGE TODAY NOT UP TO $25 ?


I DON'T THINK LABOUR IS ASKING FOR TOO MUCH.
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