FG To Propose N45,000 Minimum Wage, Meets Labour Today - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › FG To Propose N45,000 Minimum Wage, Meets Labour Today (51092 Views)
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by chyket(m): 10:04am On May 16, 2016 |
Federal government indeed needs to do something about its over bloated labour force,consistently for more than 10 years now the recurrent portion of the federal budget has always taken over 60% of the budget.This means that civil servants,legislators,executive and judiciary workers who are not up to 1% of the Nigerian population,always consume over 60% of the total budget while leaving the 99% to battle for the crumbs that will come from the execution of the 40%Capital budget.This is unfair and unsustainable.This is replicated in the 36 states too. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by isnovic(m): 10:05am On May 16, 2016 |
My God I just did the mathematics and this is really crazy At the old exchange rate of 198-199 Naira to Dollars, 45,000NGN will translate to 227.22 Dollars per month That translates to 7.58USD per day for a 30 Day Month If you take the 30days month this translate 0.25USD per hour, by no means the poorest in Africa This is just sickening Which of them earns this peanuts for Sitting allowance talk more of salary. These Govt is heartless. If they must justify their actions and compare them to best practices abroad, they should at least pay comparably to these countries' minimum wage. Heartless Govt....a troy gift of reducing workforce for a peanuts Labour agrees to this they should all be flogged publicly and stripped like WRPC did to their management. The minimum wage in the countries they cited above are way higher the peanuts they pay as minimum salary per month. Take-home pay per hour Australia Gross wage: $10.38 $9.54 Luxembourg $9.24 Belgium $8.57 Ireland $8.46 France $8.24 Netherlands $8.2 New Zealand $7.55 Germany* $7.19 Canada $7.18 United Kingdom $7.06 In Africa Angola 15,003.00 kwanza per month; paid thirteen times a year.[14][15] 1,984 2,160 40 0.95 1.04 27.3% 1 June 2014 Common Benin republic Benin 40,000 CFA francs per month; the government set minimum wage scales for a number of occupations.[15][35] 971 2,107 40 0.47 1.01 113% 1 April 2014 Chad 59,995 CFA francs ($120) per month, 355 CFA francs per hour.[8][61][62] 1,456 2,597 39 0.72 1.28 115.7% 18 October 2011 Gabon 150,000 CFA francs ($255) per month; government workers received an additional monthly allowance of 20,000 CFA francs ($34) per child; government workers also received transportation, housing, and family benefits; the law does not mandate housing or family benefits for private sector workers.[8][86] 3,641 4,982 40 1.75 2.4 26.5% 1 February 2010 Indonesia Established by provincial and district authorities, which vary by province, district, and sector; the lowest minimum wage is in the province of Central Java at rupiah 1,100,000 per month and the highest is in Jakarta at rupiah 3,100,000 per month.[15] [100] 1,112 2,876 40 0.53 1.38 27.2% 1 January 2016 Libya 450 Libyan dinars per month; the government heavily subsidizes rent and utilities.[8][126][127][128] 4,244 7,813 40 2.04 3.76 50.1% 1 March 2011 Niger 30,047 CFA francs ($60) per month.[8][15] 729 1,627 40 0.35 0.78 168.3% 17 August 2012 Nigeria 18,000 naira per month ($115).[8][166] 1,362 2,173 40 0.65 1.04 37% 1 January 2011 After GEJ left, PMB 2015 that value is 90.45USD per month and 0.13USD per hour. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by sleazy5(m): 10:07am On May 16, 2016 |
OgbeniAnonymous:Me too... Though I am thinking, I know not what i am thinking. Maybe its thoughtless thinking ![]() |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by tammie24: 10:07am On May 16, 2016 |
After increasing minimum wage what happens to those that don't earn salary? |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by seguno2: 10:07am On May 16, 2016 |
This salary increase is MEANINGLESS if the salary of our legisLOOTERS and political office holders is not REDUCED in line with the new minimum wage of the REAL workers for the same government. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by chiedu7: 10:12am On May 16, 2016 |
[size=14pt]ENJOY YOUR CHANGE[/size] |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by Missy89(f): 10:21am On May 16, 2016 |
States are still owing their workers and cant pay the current minimum wage. The fed wants to double their debts overnight. ![]() |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by MadCow1: 10:25am On May 16, 2016 |
Luckylife:Reverse it and there will be no future for Nigeria. Its time to stop subsidizing everything. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by oshomobeauty: 10:26am On May 16, 2016 |
I hope dis theiir meeting brrings something favourable to us. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by samiboy774(m): 10:28am On May 16, 2016 |
This cheats (govt) only wants to use this medium to buy time against the proposed nation wide strike!!! we no dem bfor abeg |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by saltoftheearth: 10:33am On May 16, 2016 |
APC has so much confidence in their propaganda skills and using media outlet to sell lies to Nigerians. However they need to understand it is not their excessive propaganda that made Nigerians vote GEJ out. It was GEJ's several faults and his refusal to even acknowledge them as faults/wrong. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by Mbediogu(m): 10:37am On May 16, 2016 |
[quote author=olatade post=45660894]• Workers to reject downsizing of public work force • Fuel scarcity persists despite price hike • Naira may exchange for N283 to dollar Three days to the threatened mass action against government’s increase in the price of petrol, indications emerged yesterday that the Federal Government would meet organised labour today in Abuja over the issue, dangling a carrot before labour leaders. The Guardian learnt that at the meeting slated for 3:00 p.m. at the Federal Ministry of Labour and Employment, the Federal Government will be coming to the parley with the proposal for a new minimum wage that is fixed at N45, 000.But the increase comes with some provisos including reduction in the number of civil servants and merging ministries and agencies. Indeed, the President of the Nigeria Labour Congress (NLC), Ayuba Wabba confirmed the scheduled meeting saying he got a text message inviting him and other labour leaders to the meeting. A source in the Presidency told The Guardian that ministers had been told to lead the initiative on the downsizing.Also, the Efficiency Unit in the Federal Ministry of Finance, which is saddled with coming up with cost reduction strategies is working on the template for the reduction. The Federal Government would also be relying on the report of the Steve Oronsaiye’s panel on the rationalisation of the civil service in the streamlining process. It was also learnt that though government said it would not devalue the naira, it would indeed embark on what it termed ‘appropriate’ value of the national currency, which may be in the region of N283 to the dollar. Meanwhile, fuel scarcity persisted in most of the major cities of the country yesterday despite hopes that petrol would be available since government at the last Federal Executive Council meeting raised the pump price of petrol to N145 per litre.Yet, some outlets are retailing for as high as between N150 and N175 per litre. A visit to some areas in Lagos showed that most petrol stations were under lock and key, with only one or two selling the product for N145 per litre. In a related development, the Arewa Defence League (ADL) has called on Nigerians to stand by the current administration over the recent increase in pump price of petrol, saying the increase is not meant to worsen the sufferings of the masses but aimed at ensuring availability and sustainability of the product. But the NLC President, Ayuba Wabba, berated the government that promised to create jobs but was now tinkering with the idea of embarking on one of the most massive job losses Nigeria has every witnessed. He added: “We cannot be talking about creating jobs and at the same time be talking about mass sacking of workers. This is a government that promised jobs and now, it wants to embark on mass sacking of workers. It is difficult to reconcile the two extreme ends. We will not accept any proposal for job cuts if put across to us.” Wabba pointed out that the challenge of retrenching workers has always been that government at all levels has failed to make provision for payment of entitlements. He explained: “Well, every employment has terms of agreement. Nobody can force any worker on an employer and no employer can insist a worker works for him. But very importantly is the fact that exit strategies must be in place for painless exit. The problem over the years has been that government disengages people without preparing for the payment of their gratuities and pension. I believe there are many employees that will be happy to leave today if all their entitlements are ready.” While hinting that while the labour centre and their civil society allies are ready to come to the negotiation table, he explained that the issue at stake is far more germane than price increase. He said: “I must say that the issues are beyond the price increase and dollar exchange rate. The issues are about the totality of the corruption that has characterised the downstream sector for many decades. Simply pegging the exchange at some N285 or so will not address the problem. It is a simple matter that if the demand outstrips the supply end, the price of the dollar will increase and Nigerians will continually pay for petrol. So, there would be no to price increments if the fundamentals are not discussed.” Wabba said while labour is open-minded about all the issues, it will push for solving the challenges with timelines that would be respected. “Just increasing the price is taking the easy way out. This is because, as the President and Dr. Kachikwu have observed in the past, what has held the downstream sector down is corruption especially as it concerns the landing costs. What government is trying to do now is transferring the burden to the Nigerian people. What government needs to do is to find the right mix to put an end to the quagmire.” Long queues have remained at filling stations, including at the popular NNPC mega stations which offered Nigerians some respite before the increase.Black marketers were also in active business, with some selling at N350 per litre. Besides, with the upward review of the Price of Premium Motor Spirit (PMS), otherwise known as petrol from N86.50 to maximum of N145 per litre (about $0.73), the cost of petrol in Nigeria is about the lowest in Africa and among some oil producing countries. Data obtained from GlobalPetrolPrices, which was updated at the weekend, showed petrol in Chad costs $0.78 per litre; Togo, $0.80 per litre; Kenya, $0.81 per litre; South Africa, $0.84 a litre; $0.85 a litre; Niger, $0,90; Ghana, $0.92; Sierra Leone, $0.94; Uganda, $0.97 and Angola, $1.00 per litre. Also, in Rwanda, Mali, Malawi, Guinea, a litre of petrol sells for $1.15, $1.15; $1.17; $1.17 respectively, which are far higher than the price in Nigeria. Long queues have remained at filling stations, particularly at the popular NNPC mega stations which offered Nigerians some respite before the increase.Black marketers were also in active business, with some selling at N350 per litre. Attendants at one of the filling stations along Oshodi -Apapa Expressway, Lagos told The Guardian yesterday the retail station had already run out of the commodity before the announcement of the new price regime. Experts believed that the recent hike in the price of fuel would lead to hardship and have therefore urged government to initiate measures to ameliorate the effects on the economy. A Head of the Department of Petroleum Engineering and the Deputy Director, Centre for Petroleum, Energy Economics & Law. Dr. Olugbenga Falode, told The Guardian that this is because whatever happens in the oil sector affects all other sectors of the economy and by implication, it affects the macro-economic policies of the country. Also, a Professor of Technology Management, Obafemi Awolowo University, Ile-Ife, Francis Eniterai Ogbimi, said that mere adoption of deregulation and privatisation cannot build refineries and increase refining crude petroleum. Increased production is the solution to low supply, not the adoption of ideologies like capitalism deregulation, privatisation, liberalisation, socialism or communism, he said. According to him, only seven per cent of the nations in the world practise full deregulation of the sale of petrol, adding that the United States does not practise full deregulation as the American government controls the price of |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by Mbediogu(m): 10:40am On May 16, 2016 |
olatade:Comparing Nigeria with Malawi. . all in bid to justify inefficiency and official corruption. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by onyxo76(m): 10:43am On May 16, 2016 |
A Govt that can't sustain 18k minimum wage will pay 45k? Honestly, there will be massive job losses if this is to happen |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by Pamelayoung: 10:47am On May 16, 2016 |
Now, this is hard. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by 3rdlegxxx(m): 10:50am On May 16, 2016 |
DaBullIT:i have to hand it to you, that was one nice thinking you just poured out, thread is getting quite informative too |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by patrickmuf(m): 10:55am On May 16, 2016 |
AdiscoPele:Lovely post, NLC doesn't seem to factor in those in the private sector in their calculations...Pathetic to say the least... |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by Galaxyowerri(m): 11:00am On May 16, 2016 |
KINGinVAHALA:The ugly midget of Edo state is playing politics on the inteligence of Edo people, he just increased minimum wage when he is about to leave office! He is just trying to play smart by half & create problem for the incoming administration. Again, I hope you know that increasing minimum wage will also mean increasing salaries of other workers in the heirachy? |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by samiboy774(m): 11:07am On May 16, 2016 |
These cheats (govt) only wants to use this medium to buy time against the proposed nation wide strike!!! we no dem bfor abeg |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by KINGinVAHALA: 11:07am On May 16, 2016 |
Galaxyowerri:You know nothing! Owerri man acting as if he knows better than the Edo indigenes and residence. Imagine your father being a state worker and his salary gets increased, either done politically or otherwise and you wake up one morning and tell him not to accept the new pay rise because it was done for political purposes. Yeah, imagine, just sit your ass down and imagine what would be your father's reply to you. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by olafum1(m): 11:17am On May 16, 2016 |
cbrass:Your guess is as good as mine on the school I attended, so why don't u humor me? |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by SenatorJChris: 11:39am On May 16, 2016 |
DropShot:Listen to yourself and tell me how stupid you are. Thanks |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by Galaxyowerri(m): 11:49am On May 16, 2016 |
KINGinVAHALA:You are just being emotional without tact. You can continue living in a fools paradise if you like but when the next administration comes & decide to reverse it I hope you wont cry fowl. Such happened here in Imo State before when a former governor at the twilight of his administration employed 10,000 workers only for Rochas to enter & cancel it. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by EasternLeopard: 11:50am On May 16, 2016 |
DropShot:For the first time in your Nairalanding, you made sense. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by EasternLeopard: 11:54am On May 16, 2016 |
DaBullIT:Thank God that you and dropshot made sense today. Keep it up but reduce your Zombiesm attitude. Two bottles of Orijin and plates of ishie Ewu for both of you |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by montezz(f): 11:56am On May 16, 2016 |
DaBullIT:Gbam! |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by Nobody: 12:04pm On May 16, 2016 |
DropShot:Did you miss the part where FG stated that ministries will be merged together We are talking about thousands of people loosing their jobs. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by McTobe(m): 12:14pm On May 16, 2016 |
Galaxyowerri:just like when Jack Sparrow in Pyrate of the carribeans sayed "we will not steal the ship we will commandeer it"...lol...#they will not devalue the naira but will peg it at 285# |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by xandy84: 12:35pm On May 16, 2016 |
This basic economic policy sound faulty to me. Increasing mimimum wage more than%100 without increase in production of goods and services will skyrocket the price of goods and services. The already increase PMS price has shown us prices of essential commodities should be increase gradually and not astronomically increase. I think government should increase minimum wage by %20 annually and same goes for price of PMS. If we keep unleashing this voodoo economic policy of our dear country, we will end up with 3 digit inflation and go down as fail country.. Zimbabwe comes to mind |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by McTobe(m): 12:39pm On May 16, 2016 |
Galaxyowerri:look at it from the other way round, what of if Adams is trying to use that new salary increment as a carrot to lure Edo voters to support his anointed candidate from APC who will come promising to sustain what the Governor have on ground. After winning the seat months after he can remove the new minimum wage or amend it afterall labour did not negotiate for it. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by youngeagle(m): 12:46pm On May 16, 2016 |
The difference is clear sir,we never had it this bad. |
| Re: FG To Propose N45,000 Minimum Wage, Meets Labour Today by Nobody: 12:48pm On May 16, 2016 |
Bunch of re.tarded b.astards! So i am less a nigerian cos i don't work for d govt?...what's d fate of majority who are not civil servants?.... |
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We are talking about thousands of people loosing their jobs.