[img]https://2.bp..com/-F331AGj7IZg/WoFlTtonKyI/AAAAAAAAAIw/1AM4_zrcPDAep2fZmSaTJXXcMDwVISAMwCLcBGAs/s1600/want-to-earn-online.jpg[/img]

A saying goes like this “employees work just enough not to get fired and employers pay just enough so workers don’t quit.” Any employee in Nigeria knows that statement is true.

The situation of the Nigerian labour market is worrisome. Many people have been dismayed by the recent developments and have quickly searched for greener pastures abroad. This is why there have been complaints of brain drain. Let’s do a quick appraisal of the facts from researches conducted by the Nigerian Bureau of Statistics and other relevant bodies regarding this subject.

A glance at facts
Note: All links to sources of data are embedded in the blog post.

According to the latest numbers released by the NBS in December, 2017, the current employment in Nigeria stands at 18 million. This figure also includes those who are underemployed. A check at the unemployment (and underemployment rate) shows that the figure has been worsening every quarter for the last 2 years.

While our population is estimated to be 180 million people (or more), our labour force is actually lower. Very low that it’s not up to half of that figure. The exact number of the Nigeria’s working population (employed and unemployed) is 69 million.

Juxtaposing these two facts side by side invariably means that 1 in every 4 Nigerians is either unemployed or underemployed. Perhaps, this explains why the crime rate in the country is so high and why many youths either loiter the cyberspace or sit together in groups from morning till night in some neighbourhoods. The hard truth is, jobs are limited in Nigeria and the available ones are not all good enough for employees.

Nigerian minimum wage in comparison with other countries around the world

While the Nigerian minimum wage remains transfixed at N19, 800, every other thing has increased. The current wage bill was approved when inflation was at single digit and has since not reflected the rise in the inflation rate to double digit. Here’s a list of 10 minimum wage rates across the world.

1. Nigeria - $35 - (N18, 000)
2. Algeria - $135 - (N83, 000)
3. Belgium – $1, 738 - (N810, 000)
4. Cameroun – 36, 270CFA - (38,000)
5. Chad - $120 - (N60,000)
6. Denmark - $1, 820 - (N900, 000)
7. Libya – $430 - (N190, 000)
8. Cote Di’voire – 36, 607CFA
9. Spain - $760 - (N300,000)
10. Luxemburg - $2,500 - (1.1m)

The above was a comparison carried out in the first quarter of 2017. Evidently, many African countries have higher minimum wage than Nigeria.

A look at one more report

A research report was carried out last year by Lagos-based online platform, Stutern, to determine how much Nigerian graduates earn. After its research, Stutern released surprising (or not too surprising) statistics about the salary distribution of employed graduates. The research made use of data available from 2010-2016. Here’s the statistics they published.

1. 25 percent of employed graduates earn less than N20, 000 monthly.
2. 52 percent of employed graduates earn N20,000 to N50, 000 monthly
3. 15 percent of employed graduates earn N50,000 to N100,000 monthly
4. 6 percent of employed graduates earn N100, 000 to N150, 000 monthly.
5. And only about 2 percent earn above N150, 000.

Would the whole salary structure change in Nigeria soon?

This is one question that many people would wish to answer with a “yes.” However, it may not be so any time soon as the pattern in the statistics released by the Nigerian Bureau of Statistics (NBS) have indicated.

How then can you increase your monthly income?

The above presentation of facts was necessary so you can wake up (if you have been sleeping) to the current reality on ground.
While there’s no guarantee that there would be rapid increment in how much you take home monthly, you actually have the power to increase your income. Quite a number of Nigerians have discovered this fact and have come to terms with it. Rather than sit and lament and wish something could change, they took a different approach to earning by working online.

Working online is a tested and trusted way of earning income online. It can serve as an alternative source of income or even your main source of income (if you want it to and work towards it.) You can still work online even if you have your regular job.

While a lot of people have been confused about how to begin, the two reliable ways in which Nigerians have been earning through working on Fiverr and through Affiliate marketing.

Here’s a quick explanation of the two opportunities and how you can profit from them.

More: http://www.nigeriaonlinebusiness.com/2018/02/unsatisfied-with-your-income-heres-how.html

FTC at last

lala anytin for me?

.

LA click, LA bend

ironlady94:
[img]https://2.bp..com/-F331AGj7IZg/WoFlTtonKyI/AAAAAAAAAIw/1AM4_zrcPDAep2fZmSaTJXXcMDwVISAMwCLcBGAs/s1600/want-to-earn-online.jpg[/img]

A saying goes like this “employees work just enough not to get fired and employers pay just enough so workers don’t quit.” Any employee in Nigeria knows that statement is true.

The situation of the Nigerian labour market is worrisome. Many people have been dismayed by the recent developments and have quickly searched for greener pastures abroad. This is why there have been complaints of brain drain. Let’s do a quick appraisal of the facts from researches conducted by the Nigerian Bureau of Statistics and other relevant bodies regarding this subject.

A glance at facts
Note: All links to sources of data are embedded in the blog post.

According to the latest numbers released by the NBS in December, 2017, the current employment in Nigeria stands at 18 million. This figure also includes those who are underemployed. A check at the unemployment (and underemployment rate) shows that the figure has been worsening every quarter for the last 2 years.

While our population is estimated to be 180 million people (or more), our labour force is actually lower. Very low that it’s not up to half of that figure. The exact number of the Nigeria’s working population (employed and unemployed) is 69 million.

Juxtaposing these two facts side by side invariably means that 1 in every 4 Nigerians is either unemployed or underemployed. Perhaps, this explains why the crime rate in the country is so high and why many youths either loiter the cyberspace or sit together in groups from morning till night in some neighbourhoods. The hard truth is, jobs are limited in Nigeria and the available ones are not all good enough for employees.

Nigerian minimum wage in comparison with other countries around the world

While the Nigerian minimum wage remains transfixed at N19, 800, every other thing has increased. The current wage bill was approved when inflation was at single digit and has since not reflected the rise in the inflation rate to double digit. Here’s a list of 10 minimum wage rates across the world.

1. Nigeria - $35 - (N18, 000)
2. Algeria - $135 - (N83, 000)
3. Belgium – $1, 738 - (N810, 000)
4. Cameroun – 36, 270CFA - (38,000)
5. Chad - $120 - (N60,000)
6. Denmark - $1, 820 - (N900, 000)
7. Libya – $430 - (N190, 000)
8. Cote Di’voire – 36, 607CFA
9. Spain - $760 - (N300,000)
10. Luxemburg - $2,500 - (1.1m)

The above was a comparison carried out in the first quarter of 2017. Evidently, many African countries have higher minimum wage than Nigeria.

A look at one more report

A research report was carried out last year by Lagos-based online platform, Stutern, to determine how much Nigerian graduates earn. After its research, Stutern released surprising (or not too surprising) statistics about the salary distribution of employed graduates. The research made use of data available from 2010-2016. Here’s the statistics they published.

1. 25 percent of employed graduates earn less than N20, 000 monthly.
2. 52 percent of employed graduates earn N20,000 to N50, 000 monthly
3. 15 percent of employed graduates earn N50,000 to N100,000 monthly
4. 6 percent of employed graduates earn N100, 000 to N150, 000 monthly.
5. And only about 2 percent earn above N150, 000.

Would the whole salary structure change in Nigeria soon?

This is one question that many people would wish to answer with a “yes.” However, it may not be so any time soon as the pattern in the statistics released by the Nigerian Bureau of Statistics (NBS) have indicated.

How then can you increase your monthly income?

The above presentation of facts was necessary so you can wake up (if you have been sleeping) to the current reality on ground.
While there’s no guarantee that there would be rapid increment in how much you take home monthly, you actually have the power to increase your income. Quite a number of Nigerians have discovered this fact and have come to terms with it. Rather than sit and lament and wish something could change, they took a different approach to earning by working online.

Working online is a tested and trusted way of earning income online. It can serve as an alternative source of income or even your main source of income (if you want it to and work towards it.) You can still work online even if you have your regular job.

While a lot of people have been confused about how to begin, the two reliable ways in which Nigerians have been earning through working on Fiverr and through Affiliate marketing.

Here’s a quick explanation of the two opportunities and how you can profit from them.

More: http://www.nigeriaonlinebusiness.com/2018/02/unsatisfied-with-your-income-heres-how.html

THE MAJOR PROBLEM IN AFFILIATE MARKETING IS GETTING TRAFFIC AND HOE TO DEVELOP UR SITE WITH A GOOD niche.

Nigeria should just be like Lexemburg for 1 month only

everybody de go online these days... Na so yahoo yahoo de start small small

Abeg pardon my ignorance o ,where luxembourg dey

Anybody that can teach me to make money legitimately online i will give 30% of my earnings for 4 months, he can get a lawyer to draw it up

I really need to augment....

so i will have to click on ur link to see how to increase my income.

So am among the 2% graduates?... Them sure say dem de Chek DT figures well

Anybody that can teach me to make money legitimately online i will give 30% of my earnings for 4 months, he can get a lawyer to draw it up

I really need to augment....








Invest in cryptocurrencies and watch your money work for you. Bitclub Advantage rocks. Mind you it's not a ponzi scheme

FakoMaybach1:
Anybody that can teach me to make money legitimately online i will give 30% of my earnings for 4 months, he can get a lawyer to draw it up

I really need to augment....

get some guys or girls. start up a fries biz arnd ur area.
fried yam, and turkey. add some advance touch to it.

200-300k will start dis.
expect Min of 7k daily after u pay ur 2 workers.


Note: ur location matters too


invest my 30% in ur biz. pay me 5% every month for 5years

adrian3000:
FTC at last

lala anytin for me?

FTC and still broke?

FakoMaybach1:
Anybody that can teach me to make money legitimately online i will give 30% of my earnings for 4 months, he can get a lawyer to draw it up

I really need to augment....

lol..... why not invest little in buying of cheap goods from China online store and reselling them at an exorbitant price here in nigera

ijeezlux:


lol..... why not invest little in buying of cheap goods from China online store and reselling them at an exorbitant price here in nigera

can u teach me dat?

Getting additional income online is so epically tough, patience and long hours of hard work does it.

You can invest in domain business. Ask the gurus in the house.

this country self... everybody just want to steal from u.. now I understand why d online job scammer HV fat account cos he is waiting for potential victim like u n I to pay into his account.. f***k u

Gut

Perfecttouch:
Abeg pardon my ignorance o ,where luxembourg dey

is in europe i think close 2 germany.is jux lik monaco./dubai concept.big man city state.they hav global solid mineral firms.! Of such firms is a big player in botswana diamond industry.

nice info