₦airaland Forum

Indept/Intelligent submission!..am i less a nigerian cos i'm not part of less than o.3 % civil servant?...i regret voting d heartless nomad!

If only NLC can get a better support on this fight for the common man, then it would have been better. But those wicked elements out there won't support the good work because of wetin dem wan chop.

[quote author=Pavarottii post=45786997][/quote]COMMON SENSE IS NOT FOR COMMON PEOPLE!

mikolo80:
na wa o. so because e no reach you it must not reach 0.3% times their wives and chudrens o. you rather some ppl build road 1 billion per kilometres ba.

Did you read the write-up at all?

He's not saying minimum wage shouldn't be increased, he's only saying it should not be the palliative for increased fuel price as it's only a few that would benefit from it

futurenix:
Guess u don't even know why fuel is 145 naira.

Will the government fix the black market rate for the dollars where the marketers will buy from?

What do you think will happen when all the marketers need, say 5 million dollars a month and only 2 million is available in the black market which will eventually be diminishing with time?

Let me explain to u a little

Eventually black marketers who have the dollars will increase their rate to say 400/$, again the fuel importers can't afford it because they will be at a loss after importation.

Fuel again will become scarce for months and the price maybe 250-300 naira per liter. Government will sympathize with them again and peg it at say 220/230.
Every one will shout Sai baba Sai baba let's endure it for a while since he is fighting corruption and things will get better soon.

Again the demand for the dollars will be more than the supply and the rate will again go up continuing the process until it gets to 1000 naira a litre and vandalisation of cars for fuel will commence, By this time probably (if nothing is done to make peace with the avengers), Nigeria will be producing little or no crude, job losses will increase to 50% and we all will be looking for the nearest country to migrate to.

There are people you just have to ignore, sometimes I think they do certain things to instigate baseless arguments.. His mates are making economic analysis with concrete facts and the slowpoke is busy dishing out party politics this early morning. Abeg save your brain for better things,

[quote author=Pavarottii post=45786997]COMMON SENSE IS A SCARCE COMMODITY FOR COMMON PEOPLE!

golor:
One thing I know for sure is that,the NLC strike will nd can never affect d hike of fuel price and in essence nigeria will benefit for it,both d poor and rich, NLC or what ever they called them self should go and sit somewhere.okay least I forget, they have never showed them self ever since dis gvt,that why de came out, so that nigeria will believe they still exist.foolz


Finally, we will all be a winner, be it PDP or APC,the critics can go ahead but, by d time d APC led gvt puts nigeria in a good shape,we will all be a winner, tho d critics might be shy to say wow,indeed Mr president is a Good man.

Just this same way I believe APC will kick PDP out of seat, despite d existing tradition of not unseating d incubate,is the same way I still believe d APC, despite d situation nd heavy critics.....


One thing is for sure,d APC led gvt,no matter how worst it gvt is,it will times 10 better than it predecessor.

GOD bless naija

GOD bless Mr president

And may GOD bless us all,who still believe in the progress of Mr president nd the well Growth of NIGERIA.

How does this relate to this thread?

babyfaceafrica:
where NLC dey when people were states owes people 5 to 8 months salary?..NLC na scam...na only fuel matter dem dey make noise!!!

I am of the opinion that this government should be given a chance but comments like this is just utterly useless shallow and myopic.

This is the most reasonable argument on nairaland about the minimum wage /deregulation policy in recent times and not all these naive kids that will post trash on nairaland for posting sake. So informative

U are 100% correct bro.


No doubt, the removal of subsidy is good for this country.

What has FGN done to make sure the masses are not over suffering?

Is it the minimum wage talks that is on the table way b4 fuel hike that these govt want to us as a palliative?

Truth is this, these people doesn't care about the masses, they are just so arrogant.

donpata:
you probably don't understand my point. I am not planning on staying on my current job for long mind you. Plus my mum is a fed worker. The minimum wage may thus benefit me anyhow. But to bring the issue to the table where fuel hike is gonna be discussed is so not cool. The same FG is claiming the workforce is too much. What happens if they cut jobs later? Of cos na small small everything they start. Shebi workers no gri support NLC. When Buhari cuts jobs, them go seek NLC but will not find

God bless you for this your level of reasoning.

golor:
One thing I know for sure is that,the NLC strike will nd can never affect d hike of fuel price and in essence nigeria will benefit for it,both d poor and rich, NLC or what ever they called them self should go and sit somewhere.okay least I forget, they have never showed them self ever since dis gvt,that why de came out, so that nigeria will believe they still exist.foolz


Finally, we will all be a winner, be it PDP or APC,the critics can go ahead but, by d time d APC led gvt puts nigeria in a good shape,we will all be a winner, tho d critics might be shy to say wow,indeed Mr president is a Good man.

Just this same way I believe APC will kick PDP out of seat, despite d existing tradition of not unseating d incubate,is the same way I still believe d APC, despite d situation nd heavy critics.....


One thing is for sure,d APC led gvt,no matter how worst it gvt is,it will times 10 better than it predecessor.

GOD bless naija

GOD bless Mr president

And may GOD bless us all,who still believe in the progress of Mr president nd the well Growth of NIGERIA.

SERIOUSLY, YOU DIDN'T MAKE ANY USEFUL POINT.........
Just talking very vaguely and unreasonably .....

futurenix:
Guess u don't even know why fuel is 145 naira.

Will the government fix the black market rate for the dollars where the marketers will buy from?

What do you think will happen when all the marketers need, say 5 million dollars a month and only 2 million is available in the black market which will eventually be diminishing with time?

Let me explain to u a little

Eventually black marketers who have the dollars will increase their rate to say 400/$, again the fuel importers can't afford it because they will be at a loss after importation.

Fuel again will become scarce for months and the price maybe 250-300 naira per liter. Government will sympathize with them again and peg it at say 220/230.
Every one will shout Sai baba Sai baba let's endure it for a while since he is fighting corruption and things will get better soon.

Again the demand for the dollars will be more than the supply and the rate will again go up continuing the process until it gets to 1000 naira a litre and vandalisation of cars for fuel will commence, By this time probably (if nothing is done to make peace with the avengers), Nigeria will be producing little or no crude, job losses will increase to 50% and we all will be looking for the nearest country to migrate to.

My humble opinion is

CBN should consider paying beneficiaries the foreign currency sent to them. If possible establish money transfer organs around the globe for those in diaspora who wish to send money to Nigeria.

This may put more foreign currency in circulation and cushion the effect of its high demand.

This guy just painted a very scary future of Nigeria. I hope it doesn't come to that.

Oga so what is your point, mr know all

zanebaddo:
There are people you just have to ignore, sometimes I think they do certain things to instigate baseless arguments.. His mates are making economic analysis with concrete facts and the slowpoke is busy dishing out party politics this early morning. Abeg save your brain for better things,

My opinion is, FG should deregulate the oil sector; subsidy is good but should not be limited to just one commodity, PMS.

Some argue in favour of subsidy for PMS, to reduce the ripple effect of price increase on other commodities, yet forgot that no process industry runs on PMS, no cargo truck runs on PMS.

FG should subsidize our standard of living not PMS.

Why can't FG subsidize the building of refineries instead of subsidizing PMS importation?

How can we be arguing in favour of importation against local production?

989900B:
Increment benefits everyone via 'ripple-effect' . . . if I have to explain this, then you have no business discussing this issue in the first place.

Thank you!!! I was hoping someone would say this. We need more critical thinkers on NL. Even if govt doesn't increase minimum wage, the artisans, landlords and market women have quietly increased theirs.

I concur with diz ur epistle, it really make sense.

Dont you know that whenever there a low purchasing power the economy of such nation is bad. Workers are the distributor of cash to various people in the country. The reason why the people are complain now is that the purchasing power of the workers are very low and there is no much cash to be circulated by the workers to the people. Once the income of the workers increase, the purchasing power will be improved and more cash will be in circulation for the other people. Secondly, workers are the one that usually carry the burden, minimum wage have not been increased since 5 years now, and everything is increasing almost every second, how do you think the workers survive the hardship?. My brother we need increase in workers salary, without that the artisan, traders and other people will not get the cash.

You're absolutely right....
Let's even use Diesel as a case study, was there any reduction in price after the downstream sector was deregulated....
How will minimum wage benefit self Employed persons?
CBN forex policy restricts oil marketers from getting dollars at the official price, therefore forcing them to go to Black Market which is more expensive ..
If a marketer imports a product at a higher price, how will he/she sell at a lower price... This is basic knowledge and simple economics....
Check what's happening to pure water, flour, provisions, drugs....
Infact, PMS prices will even increase from 145, unless Marketers get access to dollars at a cheaper rate.... Or maybe import PMS in another currency..
Or our own Refineries start maximum production nd more Refineries are built immediately, hoping that criminally minded people will not blow up pipes and other strategic plan

989900B:
Increment benefits everyone via 'ripple-effect' . . . if I have to explain this, then you have no business discussing this issue in the first place.

Atleast u can still enlighten we that came here to learn

Your analysis makes sense my brother. Asking for minimum wage is not the solution. The question is: how many of Nigerians are in the govt paid jobs especially FG who can even afford to pay minimum wage. Note that many of private sector are not obeying the minimum wage law. Again most of Nigerian populace are in informal sector ie self employed eg petty traders, artisans etc who live on daily income. These people are most affected by any increase in essentials commodities.
Besides , govt putting price ceiling of #145 is artificial. It won't work because the issue of Forex has not been resolved. If they want deregulation let it be full both the oil sector and forex. Let Nigerians face the reality rather than giving us false hope.
The issue of payment of subsidy is not the problem , the problem of fuel scarcity is as result of unavailability of foxex. That's it. That you remove subsidy without resolving how forex will be sourced, leads us nowhere. CBN too should hands off the control of forex to allow naira finds its true value in the market. The difference between CBN controlled price and black market is too wide and this has encouraged manipulations. No oil marketer will be willing to import with these uncertainties.
So it's not yet hurray as being portrayed by the govt. Unless something meaningful is done now, the fuel scarcity will continue to be with us. The relief now is artificial.

I really support NLC for that, but the issue of N18,000 minimu wage NLC were cheated Zamfara state workers by ignoring the sad time of experience on their wage, i still don't think this heartless governor who fail to pay N18,000 to pay this proposed N45,000 minimum wage. I therefore call on to the NLC not to accept this offer untill the entire 36 states governors accepted and sign the agreement...

donpata:
Many NLanders who dont support NLC strike keep saying NLC should talk of minimum wage rather than fuel hike. I think that's a weak point of argument and so i won ask: "How Many People Minimum Wage don Epp?"

My point is simple: If anyone wants to argue for deregulation as being the best option, then its best to do so without bringing the minimum wage into it cos that is a story for another day.

I therefore believe that NLC was right for refusing to negotiate minimum wage at a meeting meant to address fuel hike. Also, there is no how FG would claim min wage is a "palliative" because that is a baseless argument.

The fact stands that:
1. Based on records, the FG has about 90k staff. Add up the security agencies and it may be save to say that FG has around 500k people on its payroll. Now if we relate that to 160mill Nigerians, that's about 0.3% of our total population.

2. Lagos State employs the largest work force after the FG. Kaduna has about 90k staff on its payroll. Oyo about 86k. Let's assume an average of 60k staff for the 36 states of the federation. We should thus have about 2.1mill state workers and this represents a meagre 1.3% of our total population (I know its likely higher).

3. The minimum wage they want to review will also only affect these 0.3% FG workers because the last time i checked, about 26 states are currently battling with the issue of salaries which is based on 18k minimum wage. This is besides the fact that many states have not even implemented the 18k min wage.

For instance, Kaduna State govt where i work uses 15k as min wage. On level 8, am paid 36k and note that i have a BSc, PGDE, and MSc. My boss who also has MSc. is on Lev 16 and is paid 123k.
Now relate the above to the fact that a diploma holder on FGs payroll earns upwards of 45k depending on the institution/agency.

4. Thus, how can FG hike fuel price and introduce Minimum wage of 45k (or so) as "palliative" for something that will only affect just 0.3% of our population? (dependants noted but excluded)
* What about communities that dont have any federal worker? How do they benefit from the so called "palliatives"?

5. Besides Lagos which may be able to pay its workers any reviewed minimum wage, which other state can pay?

6. It is general knowledge that the price of fuel affects over 90% of Nigerians as compared to minimum wage that will only benefit a few.

7. If i invite people to a ceremony and some eat 3 plates while others take just 1, i believe everyone eats based his stomach's carrying capacity so i got no reason to vex. Wetin concern me with that oga that Govt is subsidizing the fuel he uses in his SUV? subsidize for me too according to my stomach- (1.4lt engine) and i will be happy.

8. What about those who are not even on Govt pay roll? The farmers, petty traders, students, barbers, phone charging vendors, the maisuya and the grocery shop owners who use Tiger Generator? What about the students that go to school daily and the workers that will be paying a hiked TP fare? Which do they benefit from? Min wage abi Low Pump Price?

9. They claim the N145 pump price will ensure availability of product but we all know its a lie. Right now in Kaduna, the queues are gradually returning again. Of cos the marketers are exhausting their products and will thus have to go and buy with dollar at 340. With this "deregulation" and CBN FX policy, i think N145 is not the ceiling but rather the floor.

10. Finally, shebi they said they have N3trn in TSA. Make them use am arrange the Refinery nah or are they keeping it for 2019?

SUMMARY
FOR those who did not read my epistle, all i'm saying is govt should argue for the good of deregulation but never bring in increased minimum wage as a "palliative" cos it only DIRECTLY benefits less than1% of the Nigerian population. They want to getaway with the insensitive fuel hike easily. Min. Wage is a necessary discussion for another day.

At firsts idid not want to read ur piece, but am glad I did. Nigerians are actually confused n so it makes it difficult for masses to understand govt's game plan.

Welldone fo dis master piece!

[quote author=Pavarottii post=45786997][/quote]EVEN WITH THOSE BIG HEAD CHEEKS, U STILL DIDN'T UNDERSTAND WAT HE WAS SAYING? MAYBE UR FRENCH

[quote author=Pavarottii post=45786997][/quote]EVEN WITH THOSE BIG HEAD N CHEEKS, U STILL DIDN'T UNDERSTAND WAT HE WAS SAYING? MAYBE UR A FRENCHMEN

kolmart:
Dont you know that whenever there a low purchasing power the economy of such nation is bad. Workers are the distributor of cash to various people in the country. The reason why the people are complain now is that the purchasing power of the workers are very low and there is no much cash to be circulated by the workers to the people. Once the income of the workers increase, the purchasing power will be improved and more cash will be in circulation for the other people. Secondly, workers are the one that usually carry the burden, minimum wage have not been increased since 5 years now, and everything is increasing almost every second, how do you think the workers survive the hardship?. My brother we need increase in workers salary, without that the artisan, traders and other people will not get the cash.

this is the smartest comment so far as far as I'm concern.
Ops analysis is hugely flawed and it's surprising no one has actually pointed it out.
He claims that only 500k people will benefit from the increase in minimum wage but he totally forgot that each of these workers have between 4-10 dependents, and some situations much more. We are talking about a ripple effect on at least 3-4 million people. Furthermore, workers earning more money simply implies they could be able to meet up with the already higher prices of goods and services in the markets.
That's more money for everyone at the end of the day.
The Op is not looking at the big picture.

@op why is it that when those 1% are not paid their salary the whole system becomes stiffled?

Donpata has raised sailient points which we should discuss, minimum wage for me should be a starting point in the palliative measures.

HIGHESTPOPORI:
I support this,same Zombies shouting NLC should negotiate for minimum wage increase instead of fuel subsidy know that even d state Govts have not been able to pay d former one,not to talk of an increment,who are the deceiving?

In addition, minimum wage increase will further push up prices of consumers goods. It is well known fact in Nigeria that whenever there is a government minimum wage increase prices also increase.

Secondly, diesel that had been deregulated since OBJ's tenure with the crash of crude prices worldwide has it reduced?

what the independent marketers will do is simply source for the few available dollars, at whatever price and order for reduced volume and sell at exorbitant price for more profit.

kolmart:
Dont you know that whenever there a low purchasing power the economy of such nation is bad. Workers are the distributor of cash to various people in the country. The reason why the people are complain now is that the purchasing power of the workers are very low and there is no much cash to be circulated by the workers to the people. Once the income of the workers increase, the purchasing power will be improved and more cash will be in circulation for the other people. Secondly, workers are the one that usually carry the burden, minimum wage have not been increased since 5 years now, and everything is increasing almost every second, how do you think the workers survive the hardship?. My brother we need increase in workers salary, without that the artisan, traders and other people will not get the cash.

i m no expert but i dont fully agree with your analysis. while an increase in workers salary might increase the cash in circulation, the removal of fuel subsidy will inevitably lead to significant inflation of most goods and services in the country. thus, while federal workers may get more cash, there is little guarantee that their purchasing power would experience similar increase.
there is also the fact that the salary increase only affects federal workers, thus i think you are over estimating the impact of the minimum wage of what amounts to about 1% of the total population on the overall economy of the country.