₦airaland Forum

WhizdomXX:
Wow

budaatum:
Basically, if you want it, pay for it, which I think is fair.

What I'd like to see is that same principle applied to wages instead of government fixing minimum wage so low.

The figures listed for China below are between 152.54 and 300 Pound Sterling per month, while ₦70,000 is a mere 34 Pounds Sterling!

A litre of petrol in China is 8.24 yuan which equals 1,867.85 Nigerian Naira

budaatum:
Basically, if you want it, pay for it, which I think is fair.

What I'd like to see is that same principle applied to wages instead of government fixing minimum wage so low.

The figures listed for China below are between 152.54 and 300 Pound Sterling per month, while ₦70,000 is a mere 34 Pounds Sterling!

A litre of petrol in China is 8.24 yuan which equals 1,867.85 Nigerian Naira

MrPOTUS:
You people should stop doing the bolded, it's a sign of inferiority complex.

If a litre of fuel is 8.24 yuan in China, why can't be it be at most #20 in Nigeria? According to your comparison


You keep converting our worthless currency and still feel proud of it, shior!

Sonyboom765:
Bro leave story Tinubu is a huge disgrace

budaatum:
Basically, if you want it, pay for it, which I think is fair.

What I'd like to see is that same principle applied to wages instead of government fixing minimum wage so low.

The figures listed for China below are between 152.54 and 300 Pound Sterling per month, while ₦70,000 is a mere 34 Pounds Sterling!

A litre of petrol in China is 8.24 yuan which equals 1,867.85 Nigerian Naira

budaatum:
Basically, if you want it, pay for it, which I think is fair.

What I'd like to see is that same principle applied to wages instead of government fixing minimum wage so low.

The figures listed for China below are between 152.54 and 300 Pound Sterling per month, while ₦70,000 is a mere 34 Pounds Sterling!

A litre of petrol in China is 8.24 yuan which equals 1,867.85 Nigerian Naira

Proudlyngwa:
Why should you people always equate salary in one country to another when you are thinking of how to buy a capital products what you earn does not determine how you spend money because there a lot of variables in what you earn and those variables are different from what you buy , Cost of production is what determines price not salary

budaatum:
Indeed, cost of production determines price.

Do you know the cost of production of a competent graduate?

Does it determine my price is ₦70k per annum?

Proudlyngwa:
Final price of a good is dependent on the cost of production your price has a graduate is dependent on what you are willing to receive if you can't or don't want to receive that price go and become an entrepreneur you can't go to school for five or more years and expect somebody to employ you your job as a graduate is to be able to create working opportunities

budaatum:
Final price of petrol is determined by the cost of production, so Nigerians should not expect petrol to be subsidised by government.

As for creating working opportunities, government should not be stifling the economy so opportunities to create work do not exist. You have after all seen the numerous companies fleeing Nigeria because of bad government policies. Those fleeing are destroying the work opportunities they had created because it was not profitable for them to create employment.

Proudlyngwa:
Petrol as a capital products or a capital commodity should not be subsidized, things that should be subsidized are things like education and health .