₦airaland Forum

ogolemati:
former chairman agbero union nairaland branch didn't yarimo the current chairman told you I asked of you. Hope you are in support of what this agbero did here jagabandit till 4040.so fuel will get to #50

mrvitalis:
Lmaooo making the value of 70k today the value of 30k in 2023 ... U know that's not hard to understand... Do you still need me to break it down to your level

mrvitalis:
Is it that you don't have basic comprehension skills?

What 30k can get in 2023 70k can't get you today...

So before you can say price has dropped 70k should be able to get you what 30k used to get in in 2023

How this is difficult for you to comprehend is beyond me oga

Elusive001:
HellAnus no be any agbero chairman oooo. He was impersonating the chairman. He still dey for the level of those wey dey chase keke dey collect owomida. Even yarimo no reach at all. Yarimo na a hanger-on to the agbero chairman ooo

helinues:
Basic economy

What's the % of increase in minimum wage?

What's the % of increase in price of goods and services?

mrvitalis:
You should be telling me oga not the other way around

How this is difficult for you to comprehend is beyond me oga

helinues:
I couldn't comprehend your epistle hence asking that basic question to know if you really understand what you want to argue about.

So tell us

What's the % of increase in minimum wage?

What's the % of increase in price of goods and services?

mrvitalis:
What was the dollar rate in 2003

And the economy grew over 3 times between 2003 and 2011 ... So that needed to reflect on the minimum wage as improved living standard

We are not even asking for improvement now we just want same standard

seunowa:
What was the dollar rate in 1999 before pdp assumed government?

TimeManager:
They say anything that goes up in Nigeria doesn't come out but let's me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!

helinues:
Should minimum wage also return back to the previous amount?

mrvitalis:
So the 8 billion Tinubu used to subsidize naira is what? Lmaooo

TimeManager:
https://leadership.ng/crash-in-food-prices-shows-economic-policies-working/

TimeManager:
They say anything that goes up in Nigeria doesn't come down but let's me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!

TimeManager:
If dollar is returned back then minimum wage should be reversed?, Lol. Are you aware that the dollar was way lower in 2011, yet there was a demand for increase in minimum wage which was eventually approved. Foreign exchange does not determine the minimum wage but a change in the basket of goods and services.
Pls, try think well before opening your mouth to talk and besides, I will like you to send me a picture of your mouth, I want to see the shape.



-Kiss the truth!

helinues:
Should minimum wage also return back to the previous amount?

mrvitalis:
Meet rice at 40k drove price to 100k then price reduce to 80k then you said price have crashed and policy is working?

Why not wait till we get back to the initial price first

Na wah ooh watch them call me hater now

mrvitalis:
Sure if dollar is returned back to the original price... Minimum wage today is of far less value than 2023 may... If you compare it for highly stable items like usdt usd, gold, silver and the rest

How would u know when you have no basic knowledge of economics

Chuksmemgbe:
has minimum wage increased? And to what to percentage compared to inflation