₦airaland Forum

https://www.youtube.com/watch?v=wrhfwWiLSrc

After 5 days of negotiations it appears NLC and TUC have accepted Tinubu’s offer of N62,000 as the national minimum wage even though some governors kicked against it. If a bag of rice is over N70,000 and a bag of beans is over N100,000, how will a government worker with a family survive on N62,000 salary?

Before the nationwide strike that crippled economic activities, NLC made a commitment to workers that they will not accept any amount that doesn’t reflect current economic realities, the inspiring rhetorics from labour union leaders pushing for drastic cut in cost of governance, legislators pay and accountability galvanized mass support from Nigerians. Now that labour leaders have compromised and agreed to N62,000 from N400,000 proposed earlier…. How will NLC and TUC leaders look at Nigerian workers and say that the deal of N62,000 as new national minimum wage they made was done in good faith? What happened to the drive to push for a drastic cut in cost of governance, what about billions of naira been made to the useless National Assembly members that offer no real value to Nigeria’s economy? With the dramatic turn of events on the negotiation table, rumors on social media that the NLC and TUC leadership have been bribed to accept N62,000 minimum wage maybe true. I wonder how the current leadership of NLC and TUC can convince workers to go on another minimum wage strike or convince Nigerians in general…. N62,000 minimum wage is not realistic, as prices of goods and services continue to rise NLC and TUC may call for another strike making the current negotiations a waste of time…. If NLC and TUC leadership lacks the negotiation skills or can’t implement a strategic campaign that will bring about sustainable realistic minimum wage then they should resign…. Organizing strikes and protests then ending it prematurely with nothing to show for it, has been the order of day and it is not working….

Tinubu’s corrupt government is a government of propaganda and deception, this is why I had recommended that the labour unions should not have called off the strike without getting a documented commitment from the government on a realistic figure as minimum wage…. now it seem to be too late as the government will get a court injunction against NLC if they try to go on another strike over the minimum wage.

NLC and TUC must not accept N62,000 as new minimum wage as doing so will cause an irreparable damage to its integrity and relevance going forward, the labour leaders should know that Nigerians are watching, as prices of goods and services continue to rise, it is workers that will bear the brunt if NLC’s fails to negotiate a fair minimum wage….

Hmm . . . 62k - A single source of income is risky. I encourage us to start having additional legit-source of income.


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Contact in Signature.

Noted but this post seem to support the idea of a N62,000 minimum wage, it appears you use that as marketing campaign to sell your services…. Not nice….

CACservices:
Hmm . . . 62k - A single source of income is risky. I encourage us to start having additional legit-source of income.


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I guess you charge a fee for your services which may be above N62,000

CACservices:
Hmm . . . 62k - A single source of income is risky. I encourage us to start having additional legit-source of income.


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Bebigiby1:
I guess you charge a fee for your services which may be above N62,000

Yes, there are fees that could go above ₦62,000, the proposed National Minimum Wage.


The amount charged for CAC registrations varies depending on the type of entity to be registered.

For example, Business Name Registration is generally the least expensive option. The cost for Registering a Company (Limited Liability Company), is higher and can vary based on the share capital. Incorporated Trustees Registration has its own specific fee structure.

Post Incorporation services like filing of Annual Returns, Correction of information after Registration, etc., also come with varying charges.

Thank you.

So it means your services can’t help many Nigerian workers, this is why we must all join hands to push for a fair minimum wage for government workers….

CACservices:
Yes, there are fees that could go above ₦62,000, the proposed National Minimum Wage.


The amount charged for CAC registrations varies depending on the type of entity to be registered.

For example, Business Name Registration is generally the least expensive option. The cost for Registering a Company (Limited Liability Company), is higher and can vary based on the share capital. Incorporated Trustees Registration has its own specific fee structure.

Post Incorporation services like filing of Annual Returns, Correction of information after Registration, etc., also come with varying charges.

Thank you.

The economy will benefit immensely if workers are paid a fair minimum as it will boost purchasing power of many Nigerians….

Ajaero and Osifo can not even try it. Nigerians cannot accept 62k no matter the alleged bribe offered to the labour leaders

Anybody that thinks the solution to inflation is to increase the minimum wage, obviously does not pay attention to history.
And if anything history has showed us, is that PEOPLE DON'T PAY ATTENTION TO HISTORY.

Your argument is weak if people can’t afford food and basic services how then do you grow the economy or rescue the productive sectors like farming or manufacturing sectors that depends on consumer patronage…. What is the root cause of Nigeria’s inflation…..? simple it’s bad government policies, corruption, mismanagement and excessive looting of public funds that’s meant to be used in boosting Nigeria’s productivity….. I am waiting to read your prognosis on the matter….

pryme:
Anybody that thinks the solution to inflation is to increase the minimum wage, obviously does not pay attention to history.
And if anything history has showed us, is that PEOPLE DON'T PAY ATTENTION TO HISTORY.