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Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting - Politics (7) - Nairaland

Nairaland ForumNairaland GeneralPoliticsMinimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting (52338 Views)

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Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by lexy2014: 4:14am On Jun 08, 2024
richie240:
Do the majority of the ppl grandstanding and praying that the country scatters except FG dances to their tune consider themselves nigerians at heart? Yes or no?

If they are not nigerians at heart why should they play a part in what happens in nigeria?? Yes or no?

Do you expect a 'foreigner' to love his host country more than d indigenes?? Yes or no?
cool
Is it their wish of downfall that is making things in Nigeria get out of hand?

Yes or no
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Babangidapikin: 4:14am On Jun 08, 2024
The Federal Government is just not serious, is it workers that makes State Government borrow abi lack of foresight ... Every Governor and President want to build roads and bridges, with the $40 .how long will it take to buy a motorcycle. It is better each Governor seats and start thinking like a lonely tree in the forest and create wealth in their respective state ....
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Kobojunkie: 4:31am On Jun 08, 2024
Babangidapikin:
The Federal Government is just not serious, is it workers that makes State Government borrow abi lack of foresight ... Every Governor and President want to build roads and bridges, with the $40 .how long will it take to buy a motorcycle. It is better each Governor seats and start thinking like a lonely tree in the forest and create wealth in their respective state ....
No need for more sitting and thinking abeg. After propping up states that have yet to show signs of maturing to the point of carrying their weight, I believe it is time to scrap many states and cut back the employment boat in government across the board. If Nigeria ends up with the former 12 states, it is better than having 36 states with more than half of them existing as crutches for others to bear abeg! undecided
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Badguy77(m): 4:37am On Jun 08, 2024
pianogirl:
Lobatan!!! NLC Strike Episode 2 loading.
We all saw this coming. After all, N62,000 is higher than N60,000. Isn't it?
Shebi it was National Grid they shut down before. This time around, dem go kuku disconnect all the electric poles join. Let's see how this movie would eventually play out.

On a more serious note, NLC should make more pressing demands beyond minimum wage that affects the entirety of the Nigerian population, not just the civil servants and salary earners. How about insisting on government tackling the inflation rates and high cost of living, price regulation of goods and services, reducing the electricity tariffs, creating enabling policies for business owners and ensuring the welfare of every Nigerian.
Workers welfare that is their job to fight all those ones you mention, let's fight for ourselves
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Kobojunkie:
forgiveness:
62k=$41
That $41 is significantly less than the[b] $68[/b] value of the minimum wage as of even February 2023. So, you see how Naira 62,000 is a joke as it does not even make up for the depreciation of the buying power of the current MW. To add to it, Naira 62,000 puts the workers below the international poverty line which is currently set at $2.15 per day. Imagine a country paying its workers salaries that put them below the poverty line. That is bound to multiply the poverty population of Nigeria to well over 160 million within a matter of weeks. undecided

▶ Any amount less than $64.5 or Naira 94,893.69 is extreme poverty and should not even be considered of worth. It should be a non-starter.
▶ Any amount less than $68 or Naira 102000, which is the former minimum wage adjusted for the approximate 340% depreciation of Naira since February 2023, is pretty much not a raise but adjustment to match the old minimum wage. I suspect the recent increase of 300% for the Judiciary was such an adjustment made against the Naira depreciation level. So this Naira 120,000 or $68 point needs to be where Labor begins its negotiating for a new raise.
▶ At the federal level though, anything less than N250,000 should be rejected by federal workers.
What is a poverty line?
A poverty line, also called a poverty threshold, is a set amount of income below which it becomes difficult, if not impossible, for people to afford essentials like food and shelter. Each country determines its poverty line by calculating the cost of meeting minimum needs. Households with incomes below this line are considered to be living in poverty.
The international poverty line serves as a standard for measuring extreme global poverty and was recently adjusted to $2.15 a day to reflect the rising cost of necessities and adjust for inflation. Since 1990, it has increased from $1 to $2.15, reflecting the rising cost of living.
https://www.worldvision.org/sponsorship-news-stories/global-poverty-facts
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by FireUpNow(m): 4:51am On Jun 08, 2024
sweerychick:
grin.. honestly I don't know between a tomato 🍅 seller and FG who bargain pass. So after all deliberation and FG committed to increase minimum wage it's only 2k you guys can offer?.
FG is pricing minimum wage just like the way Arsenal FC used to price players in the era of Arsene Wenger
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by LegacyB: 4:53am On Jun 08, 2024
StreetFight:
Have you ever held one dollar in your life?
You question is very shallow. Use your brain to think sometimes. Let me ask you to mention what’s not affected by dollar in Nigeria. We supported Tinubu , but not to the extend of just blind support.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by olatade(m): 4:53am On Jun 08, 2024
N15 billion for a VP House: Sustainable

N90billion for Hajj: Sustainable

160million SUVs each for lawmakers: Sustainable

N60,000 minimum wage: Not Sustainable

This is Nigeria!

Nigeria we hail thee grin grin
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by mukshin(m): 4:56am On Jun 08, 2024
Not only bet9ja so many companies are doing same to their staff.
But why Upon all these years inly 2k they want to add.

ttobizz:
The only private sector in Nigeria currently is the banking sector which ofcourse will do the government's bidding, others are bet9ja and co who are not represented in the negotiations,

The bet9jas and Co are majority of the businesses trying to survive, no employee of theirs insist on minimum wage, they go home with whatever the organization can afford and everyone is indifferent.

The banks in coniival with the government impoverish the people, that's why they are the only sector not complaining about the current economic situation.

In this ongoing minimum wage negotiations, the private sector is represented mainly by the banks which is same as the government, hence both can easily agree on a figure

We shall stand our ground, there is no going back now, its above a N100k or nothing, otherwise tell me the moral justification for a 300% increase in judges salaries and a N29m Nigeria's senator's monthly take home
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by oneman2k7: 4:57am On Jun 08, 2024
This government is so useless. Pricing workers salaries as if they are pricing garri.

God will judge all of them.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by epainos:
Kobojunkie:
1. Why in the world is the aim for a family of 5 when instead minimum wage should be based on what individuals earn? undecided
So, 1 day old baby to teenagers or even over 20 years in the university in a nation there is no employment must earn since you based it on what individuals earn? The way you reason this man. Same with your religious madness. Na waoo. If there is an individual who posts without thinking...it is you. You need help.

2. This is unnecessary fear-mongering? Did the same market women increase prices each time the reps and senators padded their pockets? undecided
When you are to use history, you don't. If you don't know the history of Nigeria in regards to economics and pricing...just shut up.

Also, it is a normal reaction to salary increment all over the world. I can't blame you cos you didn't take economics seriously in your high school. When you go just use Google to bring out research papers you have not read just to gain likes and shares here. Na wa. Just imagine what a so-called educated person is saying. Even the illiterate inntje Street knows that everything there is increment in minimum wage, prices go up. So you don't know this? Some people are just educated illiterates. You are a typical example. I have told you many times... stop bumping into posts. Live your life. Those mad religious ideologies of yours are for you... stop bumping into my post.

3. Nonsense! The international poverty line, which is currently $2.15 per person per day, is the threshold that determines whether someone is living in poverty. Given that, for an individual to escape poverty, he/ she needs to earn at least $64. 50 cents which is approximately Naira 94,893.69. If a raise is not given to these people that makes sense, you are looking at SKyrocketing poverty levels in Nigeria over the next few months and with that increased corruption, crime, etc. lipsrsealed
That threshold is for who? In an economy that inflation is ravaging? Go to Argentina and say $100 is OK and you are not poor. Like I said,...use your brain when quoting research papers or making references. You are someone I know with extremely low intuitive intelligence. When you get figures, ask the parameters used. You go just quote any how. Guy, get the crap outta my mention. This is your last chance. Your IQ is too low... yet you bump into posts.

With the present inflation in Nigeria, $100 is poverty. Use your head.

400k plus is the true value of what is needed if we want to use salary increment to address the issue, and FG knows it too. As the minimum wage rises, 100k will no longer be worth the same as N60k. Moreover, where will FG get 400kplus to pay. Lol. Mainwhile, FG sourced out 300% increment for big boys in judiciary so as to have them at their corner. Lol. See...you will NEVER win any government. Na you go suffer am. Don't go get a garden....keep posting rubbish on NL. Na hunger go kill you..lol.

I am not against salary increment, but if you really understand growing a nation, it is not the answer. Anyway, I need to discuss this issue with someone with a high IQ. Not with you. You won't get it. I know you cannot get it. So, I won't stoop so low with you. I'm just replying you for the sake of readers here.

4. First, securing better wages, the fight can be taken to them when they refuse to pay up. grin
Goodluck securing better wages. Na on NL you dey jump. Go join Labour since you are so determined. Lol. I told you...you don't know history. If you know history, you will not post this rubbish. Anyway...goodluck. labor asked for over 400k, they got N65k. Lol. Keep on the aluta. Lol.

5. I see you have never in fact worked on these things yourself. How long will it take people to grow those things? You speak as though farming happens overnight. Abeg commit ojare! huh
Lol. If you had common sense, which I know you don't, you would have read my threads. Lol... Lol. See....you don't know anything. Lol.

Even...if you have read some of my threads, you would have seen sighs.

Let me leave you in your world. I won't respond to you again cos I know you are always a distraction.

If you like start gardening....if you like...keep eating your junks. Junkie...na your die. You said MSG is good...keep eating it. See...eat processed food very well. Na your die...not mine.

Goodluck!
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by CJStarz: 5:01am On Jun 08, 2024
Hezzyluv:
If some states are already paying their workers above 60k, what's the issues with FG dragging feet on the matter ni tori Oloru?
Majority of the states never even paid d #30,000 minimum wage,na dis one dem go pay so?
Governor's no send d nlc o
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Cowrdyorubas: 5:05am On Jun 08, 2024
pianogirl:
Lobatan!!! NLC Strike Episode 2 loading.
We all saw this coming. After all, N62,000 is higher than N60,000. Isn't it?
Shebi it was National Grid they shut down before. This time around, dem go kuku disconnect all the electric poles join. Let's see how this movie would eventually play out.

On a more serious note, NLC should make more pressing demands beyond minimum wage that affects the entirety of the Nigerian population, not just the civil servants and salary earners. How about insisting on government tackling the inflation rates and high cost of living, price regulation of goods and services, reducing the electricity tariffs, creating enabling policies for business owners and ensuring the welfare of every Nigerian.
Government never fit increase minimum wage na all those things wey u highlight them go fit do abi?
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Kobojunkie: 5:06am On Jun 08, 2024
epainos:
■ So, 1 day old baby to teenagers or even over 20 years in the university in a nation there is no employment must earn since you based it on what individuals earn? The way you reason this man. Same with your religious madness. Na waoo. If there is an individual who posts without thinking...it is you. You need help.
■ When you are to use history, you don't. If you don't know the history of Nigeria in regards to economics and pricing...just shut up. Also, it is a normal reaction to salary increment all over the world. I can't blame you cos you didn't take economics seriously in your high school. When you go just use Google to bring out research papers you have not read just to gain likes and shares here. Na wa. Just imagine what a so-called educated person is saying. Even the illiterate inntje Street knows that everything there is increment in minimum wage, prices go up. So you don't know this? Some people are just educated illiterates. You are a typical example. I have told you many times... stop bumping into posts. Live your life. Those mad religious ideologies of yours are for you... stop bumping into my post.
That threshold is for who? In an economy that inflation is ravaging? Go to Argentina and say $100 is OK and you are not poor. Like I said,...use your brain when quoting research papers or making references. You are someone I know with extremely low intuitive intelligence. When you get figures, ask the parameters used. You go just quote any how. Guy, get the crap outta my mention. This is your last chance. Your IQ is too low... yet you bump into posts.
With the present inflation in Nigeria, $100 is poverty. Use your head. 400k plus is the true value of what is needed if we want to use salary increment to address the issue, and FG knows it too. As the minimum wage rises, 100k will no longer be worth the same as N60k. Moreover, where will FG get 400kplus to pay. Lol. Mainwhile, FG sourced out 300% increment for big boys in judiciary so as to have them at their corner. Lol. See...you will NEVER win any government. Na you go suffer am. Don't go get a garden....keep posting rubbish on NL. Na hunger go kill you..lol.
1. Nonsense! You pay a worker for the work he does not for his choice to have a family and add mouths to feed to his budget, undecided

2. Nonsense! Again, did the same market women increase prices each time the reps and senators padded their pockets? YES/NO

3. So, inflation wasn't ravaging when the country increased pay for the political elite, paid billions for Hajj, and so on? Again, please stop spewing nonsense!

4. I see I am merely wasting my own time here.... 🙄🙄🙄🙄🙄
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Teymanhenry(f): 5:11am On Jun 08, 2024
Nigeria is in a ruthless aggression era. Too bad it's youths are ignorant about this. Until we go out and stop the oldies killing ours and our children's future. We won't have food to eat in a few years. Just imagine how shameless the FG is with its negotiation??
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by NinjaMetahuman: 5:13am On Jun 08, 2024
Hezzyluv:
If some states are already paying their workers above 60k, what's the issues with FG dragging feet on the matter ni tori Oloru?
FG is not the problem but the governors and private SEctor.

FG can easily pay over 150k to its workers.
Can state governors do the same? Or private companies.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Inosky: 5:21am On Jun 08, 2024
NLC should come to a manageable amount like 150k or 180k or 200k depending on where they want to stand and stand strong by grounding the country to get it or nothing. The useless Labour cancelled the first strike that would have brought them to their toes to obey the popular view, now you see the sh!t they're offering. Is it for eba or ewa?

Left for Tinupooo, he would not want to pay above 💯 minimum wage in order to be looting more money from our Treasury with his cartel.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by sketcherJ(m): 5:26am On Jun 08, 2024
Johans2023:
The worst thing to happen to this country is having tinubu as a president.
. Nah the worst thing to happen to this country is this country itself.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by freshboi88: 5:28am On Jun 08, 2024
NewHe:
It's not about FGN but about states and OPS!
I think N65-68 is OK
Are you a fool ? How is Edo paying 70k.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Sammy5413(m): 5:29am On Jun 08, 2024
Urgent 2k
😂😂😂
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by brainhgeek(m): 5:29am On Jun 08, 2024
forgiveness:
62k=$41
Chai! You nailed it! No better way to show anyone how ugly this is
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Blitzking: 5:29am On Jun 08, 2024
If this govt love its ppl it should be able to differentiate between luxury good and essential good...when the masses can no longer purchase essential good u know say problem dey. If essential good was in the reach of the masses they won't complain.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by freshboi88: 5:30am On Jun 08, 2024
Pythagoras001:
Labour should be more concerned with increasing per capita which by extension would lead to reduce un and under employment . Fg can agree to 300k and just print money to pay. The Zimbabwe and Venezuela situation would be child's play.
Nigeria will not turn to Zimbabwe when it comes to increasing Nass budget and judges salary. Idiat
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by epainos: 5:34am On Jun 08, 2024
Kobojunkie:
1. Nonsense! You pay a worker for the work he does not for his choice to have a family and add mouths to feed to his budget, undecided
You reason strangely. While Nigerians are bad with giving births...go read my posts, I have addressed it. However, there is a reason I mentioned 5. This is what you this man should ask. Not just constituting nonsense on threads. That reason ...I won't tell you. But if a reasonable person asks, I can discuss it with such. Not with you.

2. Nonsense! Again, did the same market women increase prices each time the reps and senators padded their pockets? YES/NO
Go ask na. You no get mouth? Senators' salaries are like less than 150 and house of reps altogether of 500....if you don't know this answer...goodluck to you. See...he is asking me a useless question a kindergarten can answer. Lol. Anyway....I know your drill..oga...try your luck more. Keep fighting the government. Sebi you.get Coconut head...keep the fight on. I am behind you from far...hailing you. Hahaha

3. So, inflation wasn't ravaging when the country increased pay for the political elite, paid billions for Hajj, and so on? Again, please stop spewing nonsense!
If your history and data history says this...then, implement it. Good luck to you. A stubborn man will always do what he wants to do...but a wise person looks at history and figures to help him with decision. If blowing hot is what will fix it...leave NL. Go join NLC. Lol....

4. I see I am merely wasting my own time here.... 🙄🙄🙄🙄🙄
Definitely....and I am willing to waste it more.... Those answers you want from me that you can use .....I won't give you. Go back to your world organisation and other reference papers you have cited here and study them well. Don't just glance through the headings. Also, think deep and reason like an economics.and a scientist ....and reason why I wrote 5 people. If you cannot do it...I won't do it for you.

I hope you find your answers elsewhere...but not from me.

Guy...I'm willing to waste more of your time..lol. but I know many with even average IQs can see clearly the points here. Only the "I too know" person will never see it. And so....keep.up the good fight. From N400k plus...dem.cut you down to N65k. Ok. You want it raised to N95k. Good luck with that.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by freshboi88: 5:34am On Jun 08, 2024
captianfreeman:
There are states that are struggling to pay the old MW of 30k.
So what is your point Mr ? Nigerians should starve because some govs can't pay 30k ?
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Kobojunkie: 5:36am On Jun 08, 2024
freshboi88:
∆ So what is your point Mr ? Nigerians should starve because some govs can't pay 30k ?
Help me ask ooo.. huh
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by rottennaija(m): 5:37am On Jun 08, 2024
Ouchbabe:
Military.... President Ibrahim Traore on my mind
It will have to the younger ones in the military. The older senior once has been corrupted.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by NewHe: 5:45am On Jun 08, 2024
freshboi88:
Are you a fool ? How is Edo paying 70k.
You must be one of the Obi supporters family! Compare Edo with Zamfara,Yobe,Borno,Ekiti and answer yourself!
How many states are economically sustainable in Nigeria?
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Komu1048(m): 5:50am On Jun 08, 2024
Many private school, and all this one man business won't even pay the 62k. Only companies and international organization will pay.

This money is not even a starvation wage but burial wage, but yet u will see many states won't still pay, Nigeria we wail on thee!
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by NewHe: 5:52am On Jun 08, 2024
Kobojunkie:
Not even close considering it does not in any way make up for the value lost as a result of the Naira crisis. undecided

The Naira depreciated by at least 340% in value since February of 2023 causing the minimum wage formerly worth about $67.72 to depreciate significantly to just over $20.00 where it is today. Do you know what that means? it means that to get back to the buying power of their money as of February 2023, for example, the old minimum wage of Naira 30,000 would need to be boosted by at least 340% to bring it up to about Naira 102000 in today's money which is approximately a starting $68. This is all talking of the beginning point of the negotiations if the NLC is serious about in fact getting the minimum wage raised, and not merely adjusted for depreciation in the Naira value. undecided

So, Naira 65,000 - Naira 68,000 is not OK. undecided
That's the problem USD comparism,! What of if the Naira appreciated and inflation tamed? Then everyone is ok, that's what Labour should be fighting for! God bless
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by Komu1048(m): 5:53am On Jun 08, 2024
NewHe:
You must be one of the Obi supporters family! Compare Edo with Zamfara,Yobe,Borno,Ekiti and answer yourself!
How many states are economically sustainable in Nigeria?
Remove Ekiti from ur mention, Ekiti might not be rich in infrastructure or development at such but when it comes to welfare of workers them they try. They don't owe salaries or pay in percentage. If fg adopt 70k to day n we have up to 10 states that pays it, I'm sure Ekiti will be one of them.
Re: Minimum Wage: FG Offers ₦‎62,000 After Hours Of Meeting by NewHe: 5:55am On Jun 08, 2024
Blessedarethepe:
you are definitely APC ally
Which one is APC ally? Expressing different opinion had become a sacrilege ,abi?
1 2 3 4 5 6 7 8 9 10 ... 11 Reply

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