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₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde (7709 Views)

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Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Missionflex: 1:16pm On Sep 19
One man just came to kill steal and to destroy. Just like devil.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by bentenny(m):
You may not like his face but this is the undeniable truth.
That 18k provide your TP for the month,enable your prep stew and two set of soup with enough meat,purchase your essentials and still leave you with atleast 9k extra.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Meedon: 1:16pm On Sep 19
Please 🙏 pray for me before I end it all 💀
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by mycar: 1:17pm On Sep 19
LegendHero:
Then increase Oyo minimum wage to 200k.

This guy seems to be forgetting that he is also a governor.

Abi he increase minimum wage to 200k and anyone forbid him?
States do not have control over their economy, remember VAT goes to the FG and FG allocates to the States, it would have been possible if States would be allowed to control the resources in their states
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by olumideinfo(m): 1:18pm On Sep 19
419 government, Tinubu must be returned home and retired. He is a common enemy.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by olaadenigeria(m): 1:18pm On Sep 19
NIGERIA'S REAL BATTLE: WE SHOULD NOT BE FIGHTING FOR MORE SALARY, BUT FOR MORE VALUE

That has always been my worry.

Every time I hear the Labour Union, Trade Union Congress and other groups shouting "increase salary," I ask myself - where do they think the money will come from?

It feels like we are deceiving ourselves. We are fighting the wrong battle.

A salary increase without a decrease in the cost of living is not a blessing, it is a cycle. If the government increases salary, they will also increase the means of paying that salary. They get their money from us - through taxes, VAT, fuel price, electricity tariff, customs duties, levies. So in the end, we pay for our own salary increase.

It is like a small family. When the family grows from 3 children to 6 children, the father must find a way to increase his income to feed everyone. Where does our government get its own income? From us. So fighting only for more salary is like asking your father to give you more pocket money while you increase his house rent.

Our fight should be different.

We should fight for what salary can buy, not for the figure.

The focus of Labour should be to make the little we have enough to provide the basics of life: Food, Shelter, Clothing, and Security. These four things should not be luxury in Nigeria. Anyone who wants more than these - a bigger car, a bigger house, luxury - should work extra for it. But the basic should be easy for the common man.

Food should be affordable. A man earning minimum wage should be able to feed his family without panic.

Shelter should be possible. Rent in Lagos and other cities should not take 70% of a yearly salary.

Transport should be humane. If you have money to buy a car, fuel should not cost you your kidney. Even if fuel is sold for N5,000 per litre, those who don't have cars should not be punished with high bus fares and high food prices. Food gets expensive because fuel is expensive.

That is the connection our leaders are ignoring.

We are a country that produces crude oil, yet we suffer for fuel. We have vast farmlands, yet we suffer for food. We have manpower, yet unemployment is high. So what is the salary increase solving?

If minimum wage moves from N70,000 to N150,000 tomorrow, what stops a bag of rice from moving from N80,000 to N150,000? What stops landlords from increasing rent by 100%? Nothing.

What we need is price control and serious government investment in the things that make life cheaper.

1. Food Security: Support real farmers, provide security on farms, fix storage and transportation.
2. Energy Security: Fix electricity. When a small business owner doesn't need to buy fuel to power his generator every day, his cost drops.
3. Housing and Transport: Invest in mass, affordable public transport and low-cost housing.

Until Labour, TUC and civil society start fighting for these things, we will continue to run in circles. They will increase salary by 10%, and the market will increase hardship by 50%.

The true welfare of a worker is not in how much is written on the payslip, but in how far that money can go.

Let the small money be powerful.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by keemsleek(m): 1:19pm On Sep 19
U
FarahAideed:
18 thousand minimum wage would buy you 2 bagsof rice , fill up your Toyota corrolla and you will still have change to carry ashawo

70k Tinubu minimum wage can't buy you a bag of rice , it can't fill your tank and it can't carry ashawo
2 bags of rice let say 15k
To fill up a corolla
That's 55×87= 4,785

How u won come carry ashewo.....
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Cashio(m): 1:19pm On Sep 19
As recent as 2016-2019 when we graduated my roommate used to get 3k weekly from his brother then and that's what he survives on.
Bentacur007:
N3,000 dey do for a week 2005 to 2009 during university level
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by olumideinfo(m): 1:19pm On Sep 19
419 government,
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Sheuns(m): 1:19pm On Sep 19
LegendHero:
Then increase Oyo minimum wage to 200k.

This guy seems to be forgetting that he is also a governor.

Abi he increase minimum wage to 200k and anyone forbid him?
How much did Tinubu pay as minimum wage as governor?

How much is he paying as minimum wage now?
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Missionflex: 1:20pm On Sep 19
Dejijossy:
Then increase your state's minimum wage to 140k, and stop wailing.
Agent of darkness spotted.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Alliswell248: 1:21pm On Sep 19
FarahAideed:
18 thousand minimum wage would buy you 2 bagsof rice , fill up your Toyota corrolla and you will still have change to carry ashawo

70k Tinubu minimum wage can't buy you a bag of rice , it can't fill your tank and it can't carry ashawo
At what expense...
Zero development
Prolonhed ASUU strike
Inability to pay salaries by state government
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by iwaeda: 1:21pm On Sep 19
This is pure and undiluted truth. grin grin grin grin
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Magabush1(m): 1:21pm On Sep 19
Since you know that and you're a governor. Why aren't you paying 150,000 Naira minimum wage. Are you waiting to be president first. Oga seyi ,lead by example


oluwagbogodada:
‘Voodoo economy’ — Makinde says old N18,000 minimum wage could buy more than current N70,000

Makinde spoke on Friday while addressing civil servants at the government house in Agodi, Ibadan, the Oyo state capital, after returning from his annual leave.

The governor said the old N18,000 minimum wage during the administration of former President Goodluck Jonathan could buy more than the current N70,000.

A month before Makinde was sworn in for his first term as governor of Oyo, the late former President Muhammadu Buhari increased the minimum wage for civil servants from N18,000 to N30,000 per month in April 2019.

Nearly five years later, President Tinubu raised the minimum wage to N70,000 in July 2024 as part of efforts to cushion the impact of the removal of the petrol subsidy.

In August, Taiwo Oyedele, minister of finance and coordinating minister of the economy, said the economic reforms, including the removal of the petrol subsidy, had mobilised N15.8 trillion in resources for the federation between June 2023 and December 2025.

Makinde, however, said the increase in minimum wage had not effectively tackled the economic hardship caused by the removal of the petrol subsidy.

“It’s been a very challenging period, economically. Yes, FAAC has gone up. But when I came in as governor, the first salary bill I signed was N4.5 billion,” he said.

“Today, the salary bill is N18 billion. The minimum wage as of the time I came was N18,000. Today, it is N80,000. But the N18,000 of that time can even buy more than what the current N70,000 can do today.

“That is the kind of voodoo economy that they have handed over to Nigeria.

“So, Nigeria Labour Congress (NLC), we have to sit down. Our people are challenged. That is the reality. The resources are limited.”

In view of the economic situation, the governor said his administration would extend its current wage award to workers across the state for another three months, while transport subsidies would also continue.

‘WHY IS HE SCARED OF HANDING OVER TO THE VICE PRESIDENT’

The governor also criticised Tinubu over what he described as the president’s failure to formally transfer power to Vice-President Kashim Shettima while away from the country.

Makinde compared the situation with his own recent annual vacation, during which he said he handed over to Bayo Lawal, his deputy.

“I went on vacation, but I handed over to my deputy governor. I am running to be the president of Nigeria because I have the capacity,” Makinde said.

“They’re trampling on the constitution of Nigeria. If the president is out of the country, why is he scared of handing over power to the vice-president?

“I went away for one month, but my team was able to carry the responsibility of running the state. So, tell him (Tinubu) to follow the constitution of Nigeria.

“He swore at the Eagle Square to abide by the constitution. If the president is not around, hand over the government to the vice-president. That is the constitution.”

https://www.thecable.ng/voodoo-economy-makinde-says-old-n18000-minimum-wage-could-buy-more-than-current-n70000/
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by lightwind(m): 1:22pm On Sep 19
Basic123:
So...how much minimum wage is seyi makinde paying Oyo State workers.

Is he not a governor?


By this proclaimation one would expect Oyo state workers to be earning 300k as minimum wage.


Politicians will just be gaslighting people and play on their intelligence.
Just don't comment, not every reasonable thread requires people like you to comment on.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by PDPdestroyer(m): 1:23pm On Sep 19
The same way 250 naira minimum wage bought more than 18,000 naira minimum wage could buy
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Missionflex: 1:23pm On Sep 19
Laple0541:
Is that why you sat on the 50billion naira meant for disaster management?

Truly, the purchasing power of Naira is weak compared to few years back, but you as a governor who has autonomy to a high degree, what exactly did you contribute to the social wellbeing of your state?

No good roads in the state, no water, no security, everywhere is dirty, you sat on local government allocations yet you have the gut to declare for presidency!

This guy deserves to be in prison for at least 8yrs after his time as governor.
Face the message leave the man alone. Better still arrest am. But what he said is the truth.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by lightwind(m): 1:24pm On Sep 19
LegendHero:
Then increase Oyo minimum wage to 200k.

This guy seems to be forgetting that he is also a governor.

Abi he increase minimum wage to 200k and anyone forbid him?
Just don't comment, not every reasonable thread requires people like you to comment on.
I repeat not every reasonable thread.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Alliswell248: 1:25pm On Sep 19
keemsleek:
U



2 bags of rice let say 15k
To fill up a corolla
That's 55×87= 4,785

How u won come carry ashewo.....
At the expense of infrastructural development.
Tell us a single legacy project GEJ did.

Even the second niger bridge....we had to borrow and print money to do it.

But no more printing of money .
Borrowing is for infrastructural development.

No more ASUU strike.
Nelfund is here
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Sonofgod1990(m): 1:25pm On Sep 19
FarahAideed:
18 thousand minimum wage would buy you 2 bagsof rice , fill up your Toyota corrolla and you will still have change to carry ashawo

70k Tinubu minimum wage can't buy you a bag of rice , it can't fill your tank and it can't carry ashawo
Ashawo I carried last night charged me 120k
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Sonofgod1990(m): 1:26pm On Sep 19
Alliswell248:
At the expense of infrastructural development.
Tell us a single legacy project GEJ did.

Even the second niger bridge....we had to borrow and print money to do it.

But no more printing of money .
Borrowing is for infrastructural development.

No more ASUU strike.
Nelfund is here
Swear say you have up to 5k in your account huh
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Gboss247(m): 1:33pm On Sep 19
Dejijossy:
Then increase your state's minimum wage to 140k, and stop wailing.
The higher the minimum wage, the lower the purchasing power.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Gboss247(m): 1:34pm On Sep 19
Basic123:
So...how much minimum wage is seyi makinde paying Oyo State workers.

Is he not a governor?


By this proclaimation one would expect Oyo state workers to be earning 300k as minimum wage.


Politicians will just be gaslighting people and play on their intelligence.
300k minimum wage with the purchasing power of 30k in 2019
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Gboss247(m): 1:36pm On Sep 19
LegendHero:
Then increase Oyo minimum wage to 200k.

This guy seems to be forgetting that he is also a governor.

Abi he increase minimum wage to 200k and anyone forbid him?
The increment of minimum wage from 18,000 to 70,000 has destroy the purchasing power and you are still asking for more increases?
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Gboss247(m): 1:37pm On Sep 19
mycar:
Tinubu should have used the savings from the fuel subsidy removal to lower the exchange,
The petrol subsidy was financed with loans which the government is paying. So which subsidy saving are you talking about?
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Shimran(m): 1:38pm On Sep 19
Basic123:
So...how much minimum wage is seyi makinde paying Oyo State workers.

Is he not a governor?


By this proclaimation one would expect Oyo state workers to be earning 300k as minimum wage.


Politicians will just be gaslighting people and play on their intelligence.
Expecting to a reasonable comment like this. 👍
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by jaxxy(m): 1:38pm On Sep 19
The truth is the quality of life generally has drppped drastically. Even With more money u will get much less than u would have gotten b4 apc disaster.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Femancy34: 1:39pm On Sep 19
Basic123:
So...how much minimum wage is seyi makinde paying Oyo State workers.

Is he not a governor?


By this proclaimation one would expect Oyo state workers to be earning 300k as minimum wage.


Politicians will just be gaslighting people and play on their intelligence.
You guys talk nonsense a lot. Seyi Makinde is a president of Nigeria now. He's the one making all this yeye policy abi. True trrue Apc supporters no get sense.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by deebrain(m): 1:39pm On Sep 19
These leaders don't understand this.

You have NEVER SEEN your local government chairman buy fuel from the filing stations before....

Even if they did (in secret), the funds were provided for it via allowances.

Government officials can ALWAYS afford anything they want - economy bleeding or not. It is the citizens that continue to bare the costly pain!

Bastards.
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Eriokanmi: 1:40pm On Sep 19
Kalashnikov49:
Facts oooooo!!!

Makinde is now IGBO, IPOB , OBIDIENT for saying the truth.

grin
Don't mind those loudspeakers. I went to dangote ibeshe plant to order a trailer load of cement @2,800 naira a bag in dec,2020, including transport cost to build my house at alimosho. 18k back then would buy me 6 bags of cement. Today's 70k can only buy 5 bags or less. Tinubu is a failure pro max
Re: ₦18,000 Minimum Wage Bought More Than ₦70,000 Does Today - Makinde by Gboss247(m): 1:41pm On Sep 19
Magabush1:
Since you know that and you're a governor. Why aren't you paying 150,000 Naira minimum wage. Are you waiting to be president first. Oga seyi ,lead by example
The higher the minimum wage in naira, the higher prices of goods and services in naira and the poorer Nigerians get.
When will this basic monetary economics stopped been rocket science in Nigeria.
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