₦airaland Forum

Parachoko:
Make these theif shut up his mouth abeg

You shameless thief collected $500k bribe and handed over the Mambila Power Project to an Incompetent Company

Hmmmm, it's unbelievable but is all desperation to win electorates to their side Nigerians cannot be scammed again.

Tinibu will rather see Nigerians suffer than to do anything better for this country

Even if he increases minimum wage he's also going to allow inflation destroy your whatever you have of you

Best solution is to purge him and his likes including Atiku from the corridors of power in this country

SmartPolician:
Instead of increasing the minimum wage, work harder to improve the value of naira.

Unfortunately, we have dumb people as leaders. Dunbos who would rather borrow billions of dollars to build a coastal road than fix electricity

How did he want to improve quality of naira, than for him to start subsidy on exchange rate regime, and since he doesn't want to do that, he must increase wages in other not to suffocate citizens.

SmartPolician:
Instead of increasing the minimum wage, work harder to improve the value of naira.

Unfortunately, we have dumb people as leaders. Dunbos who would rather borrow billions of dollars to build a coastal road than fix electricity

Is it lost on you that it's possible to do both?

Kukutente23:
So you left the message and attack the messenger
Typical of Zombies
Nothing upstairs. Just insults and gaslighting

God bless you

SmartPolician:
Instead of increasing the minimum wage, work harder to improve the value of naira.

Unfortunately, we have dumb people as leaders. Dunbos who would rather borrow billions of dollars to build a coastal road than fix electricity

one dumbo borrow money to build road infrastructure instead of to fix power,the other dumbo borrow money and keep it in the bank...yse your blank skull to think about who is dumber

Parachoko:
Make these theif shut up his mouth abeg

You shameless thief collected $500k bribe and handed over the Mambila Power Project to an Incompetent Company

Why would he shut up? do you mean to say that increment of minimum wage is not due yet, looking at the rising inflation and current cost of living?

At least a thief is talking to another thief, what's your business?

Atiku should calm down please.He wont do better than baba Tinubu

If Tinubu truly mean well for Nigerians, he should sit down with Dangote and look for a way to return fuel subsidy by selling the quantity of crude oil Nigeria consume daily to Dangote at production cost plus say 10% profit to Dangote so that petrol price can drop to NGN500 to $700 instead of selling crude to Dangote at international market price when we are a crude oil producing nation, then engage NNPC to start massive CNG underground piping of major cities in each geopolitical zones like:

Kano
Kaduna
Sokoto

Oyo
Adamawa
Enugu
Abia
Anambra
Ogun
Edo
Delta
Akwa Ibom


This will reduce diesel consumption of industries and businesses in these top cities which would cut down pressure on diesel and petrol as they make use of CNG to power their businesses just as its being done in Lagos, Obajana, Abuja, and I guess Kano.


Next is to work on stabilizing dollar at 700/$ and Nigeria will become a bit better than it is now.


These things are doable if they make me a taskforce chairman for reversing Nigeria's economy back to its glory days

Supported! Nigerian workers are currently facing a very tough situation. Salaries now finish within one week of payment leaving workers and their families to suffer until the next payday.

If we want to tell ourselves the truth, the current minimum wage is too poor and needs to be reviewed upwards to at least ₦500k per month. Also, that part of the civil service rules that restricts civil servants to working only one full-time job must be scrapped! In this 21st century, people should be able to work multiple jobs at a time and get paid based on the number of hours they worked for each organisation per month.

His insincerity will coat the nation.

Raising wages without an inceease in productivity will simply lead to a massive increase in inflation, and the Naira depreciating.

That means the masses will be the ultimate losers.

Jman06:
Supported! Nigerian workers are currently facing a very tough situation. Salaries now finish within one week of payment leaving workers and their families to suffer until the next payday.

If we want to tell ourselves the truth, the current minimum wage is too poor and needs to be reviewed upwards to at least ₦500k per month. Also, that part of the civil service rules that restricts civil servants to working only one full-time job must be scrapped! In this 21st century, people should be able to work multiple jobs at a time and get paid based on the number of hours they worked for each organisation per month.

Though you are right, but if Tinubu increase minimum wage, he will still fabricate more direct and indirect tax to take it back and that will also lead to increase in cost of everyday commodity in the market.



Our problem is energy and forex; these are the two major things destroying Nigeria's economy and causing us mad inflation, Tinubu's economic team should sit down and work on it, they can bring in competent experts like us to assist them in doing that cos it seems most of them are more of politicians and political sycophants only good at playing dirty Nigerian politics without knowing how to lead and how to build a sustainable, prosperous economy

Luckysbab:
To all those arguing against an increase in the minimum wage, citing attendant hyperinflation and all that, I think you'll need to bring a better argument.

Abi fuel price wey dey increase weekly, na minimum wage increase cause am?

The stalement in the Strait of Hormuz is the primary reason why petroleum prices are high. 20% of all petroleum traffic pass through there.

You are still eating from your parent's pot; you never see life. Wetin concern what he said with mambila.

Parachoko:
Make these theif shut up his mouth abeg

You shameless thief collected $500k bribe and handed over the Mambila Power Project to an Incompetent Company

If govt want to cut off corruption, pay workers well; you will see corruption dropped a little bit. But when you pay them peanuts, they will use any avenue to get extra money

SmartPolician:
Instead of increasing the minimum wage, work harder to improve the value of naira.

Unfortunately, we have dumb people as leaders. Dunbos who would rather borrow billions of dollars to build a coastal road than fix electricity

They need to strengthen the naira.. finish..QED

Atiku waants to take the role of OBI who has somehing to say every market day...Either meaningful or not...He has heard that the trade union is asking for the increament doubled up by the Aviation minister so Atiku too has to ganusi

SmartPolician:
Instead of increasing the minimum wage, work harder to improve the value of naira.

Unfortunately, we have dumb people as leaders. Dunbos who would rather borrow billions of dollars to build a coastal road than fix electricity

Wlh that is what I have been saying

Parachoko:
Make these theif shut up his mouth abeg

You shameless thief collected $500k bribe and handed over the Mambila Power Project to an Incompetent Company

Atiku is an angel compared to worst rogue Tinubu.

Obasanjo knows this fact, hence in 2019 he endorsed his multiple benefactor Atiku for the job of president.

Did Obasanjo ever endorse the Guinean Jagaban of Borgu?

anonimi:

https://www.youtube.com/watch?v=qAU9bwL37FI?si=fj8_EQDqX3_j3lcr


If there is anything I can do to help you out, I stand ready to assist.

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5 mind-boggling revelations from Obasanjo’s ‘My Watch’

5. Tinubu was one of the most corrupt, of the 36 governors

Obasanjo never got along too well with former Lagos state governor, Bola Tinubu, and unsurprisingly, Tinubu got a mention in the former’s book.

Obasanjo revealed that then EFCC boss, Nuhu Ribadu tried to investigate almost all the state governors during his tenure but that of the 28 confirmed to be manifestly corrupt or tainted one way or the other, Tinubu’s case was one of the worst.

https://encomium.ng/5-mind-boggling-revelations-from-obasanjos-my-watch/

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Nigeria: Corruption - Kalu, Tinubu Can't Escape -Ribadu

19 FEBRUARY 2007

Daily Champion (Lagos)

Lagos — ABIA State governor, Dr. Orji Uzor Kalu and his Lagos State counterpart, Asiwaju Bola Ahmed Tinubu would not escape justice but would be made to face the full wrath of the law following their recent indictment for alleged corruption by the Economic and Financial Crimes Commission (EFCC).

Chairman of the commission Mallam Nuhu Ribadu who made the vow yesterday said the duo must account for their stewardship and may be thrown out of office.

https://allafrica.com/stories/200702190245.html

clarocuzioo:
Am not a fan of continous increase of minimum wage, From the days of Obasanjo, anytime the minimum wage is increased, hyper inflation follows it, thus making the Naira a worthless piece of paper. Instead of continous increase of minimum wage, let government reduce inflation drastically so that whatever workers and Nigerians are earning will have great value.
There is no point increasing minimum wage and then inflation follows, it simply renders the Naira more useless.
Government should simply increase the purchasing power of the Naira.

You are right that increasing minimum wage isn't one fix all solution. I was having a discussion with a friend who says minimum wage should be ₦1M. I told him if wages jump that fast, prices will likely rise fast too. Garri, meat, rice would all cost far more, and that ₦1M would buy much less than it looks.
My preferred fix is make education free for every Nigerian, provide free healthcare, and build mass public housing. Anyone with a job, any job, gets subsidised housing with government paying 80%.
Yes, it needs serious funding and planning. But lowering the cost of living helps more than raising wages that prices will swallow.

Atiku doesn't know economics though. If you increase minimum wage for about 9 % of the population and subsequently increase inflation for 100% of the population you have about 91% of the population faring worse off.

Atiku is looking for a fire brigade approach to a structural problem. This is why Tinubu is more intelligent than the lot.

Minimum wage by law is to be increased every four years, irrespective of inflation or not.

clarocuzioo:
Am not a fan of continous increase of minimum wage, From the days of Obasanjo, anytime the minimum wage is increased, hyper inflation follows it, thus making the Naira a worthless piece of paper. Instead of continous increase of minimum wage, let government reduce inflation drastically so that whatever workers and Nigerians are earning will have great value.
There is no point increasing minimum wage and then inflation follows, it simply renders the Naira more useless.
Government should simply increase the purchasing power of the Naira.

Kukutente23:
How does someone who supports massive devaluation of his currency and subsidy removal
suddenly have a problem with inflation when it comes to minimum wage which will increase purchasing power and disposable income of the populace who have been bearing the brunt of the inflation?
What kind of twisted mindset is this?

Simple. Minimum wage is for a minority, but the negative inflation that follows is for all.
As for removal of forex and petrol subsidies, it was agreed by every major party and every educated person prior to removal. Clear reason, it wasn't affordable or sustainable. Any real questions?

How many times did you increase it when you were vice president?

Luckysbab:
To all those arguing against an increase in the minimum wage, citing attendant hyperinflation and all that, I think you'll need to bring a better argument.

Abi fuel price wey dey increase weekly, na minimum wage increase cause am?

If the minimum was ₦18,000 as in the days of Jonathan, there is no way a litre of petrol will sell above ₦300.

AsomughaChuks02:
Atiku should tell Nigerians the minimum wage he pays the workers in his university and radio/television outlets in Yola. That's how not to be a hypocrite.

if them give you Job for Abti university of LGA which will you pick

Kukutente23:
How does someone who supports massive devaluation of his currency and subsidy removal
suddenly have a problem with inflation when it comes to minimum wage which will increase purchasing power and disposable income of the populace who have been bearing the brunt of the inflation?
What kind of twisted mindset is this?

Increasing the minimum wage doesn't increase purchasing power, it willreduce it.

princeayito:
Minimum wage by law is to be increased every four years, irrespective of inflation or not.

This is means Nigerians should get poorer every four years after the election.

Image123:
Simple. Minimum wage is for a minority, but the negative inflation that follows is for all.
As for removal of forex and petrol subsidies, it was agreed by every major party and every educated person prior to removal. Clear reason, it wasn't affordable or sustainable. Any real questions?

The real exchange of Nigeria was stated to be around ₦1,100/$, why can't the CBN allow it appreciate to the real value?

[quote author=Parachoko post=140764860]Make these theif shut up his mouth abeg

You shameless thief collected $500k bribe and handed over the Mambila Power Project to an Incompetent Company .


Pray tell, how does this negate what he said?. As a civil servant, you are dying in poverty, but bigotry won't let you say the TRUTH!!!.
I don't like Atiku, but he's completely correct in this and must not be abused!!!

Atiku will increase minimum wage and bring back fuel subsidy.

Na wa