₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,329,655 members, 8,441,696 topics. Date: Wednesday, 08 July 2026 at 10:48 PM

Toggle theme

‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPolitics‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi (30772 Views)

1 2 3 4 5 6 Reply (Go Down)

Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Born2Breed(f): 8:37pm On Oct 06, 2018
Islie:
http://thenationonlineng.net/n50000-minimum-wage-will-cripple-nigeria-economy/
If the National Assembly wages didn't cripple Nigeria's economy workers salary wont.
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Olohunjedalo(m): 8:37pm On Oct 06, 2018
Sapeleboy911:
A fool, yet he can feed you and your entire generation till eternity. This is not about booting him in or out of office. It is about continuity in government . I never liked GEJ but at least what I expected from this government is to look into critical issues raised during the national conference.
Serious issues affecting Nigerians were raised during that conference. You booting GEJ out of office has nothing to do with this. Whether PMB or GEJ they are all thieves simple!!!
What if he can feed my entire generation till eternity?
Does that change the fact that he is the most useless president we ever had in Nigeria ?
Ok GEJ has nothing to do with it . So why did the clown I quoted mention him in the first place ?
Why did you skip his comment and came to quote me ?
Why didn’t you quote him to tell him GEJ has nothing to do with it ?
You are a clown! cheesy
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Engrgreg231(m): 8:38pm On Oct 06, 2018
Mr sen Your monthly salary is more than N10m the truth be say make una dey fear God
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by bantudra: 8:39pm On Oct 06, 2018
i always said una problem is the rich against the poor...but una didnt bother to listen...

who is gonna pay this increase...??...the rich...??..you can forget that....fg...??...give me a break....
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by taiwofawole: 8:39pm On Oct 06, 2018
Despite this economy recession , you can start up your own investment and make a living , check my signature for my thread url
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by phr33man(m): 8:39pm On Oct 06, 2018
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Femijohn198: 8:48pm On Oct 06, 2018
The legislature and the executive salary should be reduce to 100k
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by bantudra: 8:48pm On Oct 06, 2018
sarcasticdude:
This baba agba that spewed this trash should be stoned,I mean the from the councellors to reps lga chairmen,senators governors exec ministers and presido,u didn't call for their own salary,u went ahead to call the one that the little guy is earning from,I mean while do we like kicking a man when he's already down in this country? why can't we do the right thing in this country? I swear the next visa wey go enter my hand eh? I'm absconding from this shiithole sad sad
na you started the nonesense since 1960....money money money money...now you see the backlash...??

you started it....now you wan deny them their wages after they rich the top......??

you all dreamt to earn that much....chop my money nonesense...spraying money around like moroons in parties....buying things you dont realy need...na una set up this chop my money system....soooo,what are you people complaining about now.......??

tahh....
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by dividebyone(m): 8:48pm On Oct 06, 2018
[Why jonathan administration does not put its recommendation in to used)The Nigerian system of Government is Wicked..

We had a Chance to fix all these if the reports from The Committee GEJ put up were followed...

If the reports of that commission were continued in this Presidency, we would have turned all these around...

Our Politicians are Amassing so much money..
From Counsellor to LGA chairman to Commissioners to House of Assembly members to Governors to senators to ministers to the president...

The Salaries of these guys should hv been looked into , so as to free up funds for the Nigerian workers!![/quote]
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Fourwinds: 8:48pm On Oct 06, 2018
Shortyy:
You don't mean it? But politicians are busy looting our money ba? How come that one never crippled our economy? Ndi ala! You pay your workers 18k as minimum wage but you loot billions of Naira on a daily!
I like bullshit city....I would like to meet you there
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Soulsymbol99: 8:49pm On Oct 06, 2018
Imo1stson:
Thanks for writing the truth. Most laymen don't know the implications
OGA but senator's allowances and Governor's security vote will nt abi? undecided
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Sapeleboy911(m): 8:49pm On Oct 06, 2018
Olohunjedalo:
What if he can feed my entire generation till eternity?
Does that change the fact that he is the most useless president we ever had in Nigeria ?
Ok GEJ has nothing to do with it . So why did the clown I quoted mention him in the first place ?
Why did you skip his comment and came to quote me ?
Why didn’t you quote him to tell him GEJ has nothing to do with it ?
You are a clown! cheesy
I never said GEJ has nothing to do with this, rather your words of BOOTING HIM OUT OF OFFICE. Read and comprehend okay. You booting him out of office did not change the status quo. Embezzlement of funds by these useless and insensitive politicians still take place on a daily basis. That is my point okay?
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Glink2018(m): 8:49pm On Oct 06, 2018
LUGBE:
Just so annoying, #50,000 only will cripple Nigeria but the senator's and minister's take home package won't.

I don't even believe in this minimum wage rather i am after harmonization of salary, let all Federal government employee earn the same after all we shop from the same market .

The same hopeless government is advocating for #350,000 for school fees from public school, you can imagine.

Nigerians please be wise in voting for our leaders come 2019.
Eh! Do dey want the son of a common-man suceed? Polithievian are using poverty weapons to keep misruling us.

A poor and beggars person has no choice

350k for public school fees and 18k minimum wage, how does average nigeria want to cope with this abnormality.

God will judge all of them.
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Femijohn198: 8:49pm On Oct 06, 2018
The legislative arms and the executive salary should be reduce to 100k
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Olohunjedalo(m): 8:50pm On Oct 06, 2018
Sapeleboy911:
I never said GEJ has nothing to do with this, rather your words of BOOTING HIM OUT OF OFFICE. Read and comprehend okay. You booting him out of office did not change the status quo. Embezzlement of funds by these useless and insensitive politicians still take place on a daily basis. That is my point okay?
ok cheesy
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by studentofTruth: 8:51pm On Oct 06, 2018
abdeiz:
I believe increasing the minimum wage wont make our problems fly away like a magician's pigeon, what would stop a common market woman from increasing the prices of her wares? what would stop the economy from experiencing inflation if the Government decides to print more money to pay the wages?

Instead we should find a way to increase the purchasing power of our currency meaning one unit of money should buy more things not less. Our dependency on Oil aint helping our forex. Recently i heard that the naira gained cos of politician releasing an influx of election dollars, what a country.

Go to Singapore where the salaries of the minister's salaries are tied to the economy, the economy grows they get a raise, it shrinks they get sacked or get salary cuts. we dont have the collective political will to be selfless and do the right thing in this country.
I agree with you. increasing minimum wage will only compound the problems for the majority of jobless Nigerians. Just the strike alone made the prize of foodstuffs to rise if you observed closely. For example, a painter of rice rose from 1200 to 1350 just because of that strike alone. You can imagine what will happen when it's actually done. The majority of the masses will still have same income and buy at higher prices with their little income. The cleaner will still get her 3000- 5000 naira., the gateman same, and will be battling to survive on that at higher prices.
The major aim should be to increase purchasing power and to reduce the disparity between politicians & political appointee earnings and those of real workers.
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by bantudra: 8:51pm On Oct 06, 2018
dividebyone:
[Why jonathan administration does not put its recommendation in to used)The Nigerian system of Government is Wicked..

We had a Chance to fix all these if the reports from The Committee GEJ put up were followed...

If the reports of that commission were continued in this Presidency, we would have turned all these around...

Our Politicians are Amassing so much money..
From Counsellor to LGA chairman to Commissioners to House of Assembly members to Governors to senators to ministers to the president...

The Salaries of these guys should hv been looked into , so as to free up funds for the Nigerian workers!!
but we didnt do it...and when you try this people will fight you...they have enough money aside to lobby in the nigerian parlament....

the biggest mistake nigeria did is to copy white peoples system....
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Chineke1stSon: 8:51pm On Oct 06, 2018
Olohunjedalo:
What if he can feed my entire generation till eternity?
Does that change the fact that he is the most useless president we ever had in Nigeria ?
Ok GEJ has nothing to do with it . So why did the clown I quoted mention him in the first place ?
Why did you skip his comment and came to quote me ?
Why didn’t you quote him to tell him GEJ has nothing to do with it ?
You are a clown! cheesy
This one is most definitely living with his parents and eating 'mama thank you' free food..hence he doesn't know that there has been an over 120% increase in a lot of staple foodstuffs in the market within the past 2 years of this current administration ..something that was stable for the 6 years GEJ and his cabinet were In charge..
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by viktohmarkz(m): 8:51pm On Oct 06, 2018
anyone with idea of where the original documents of Nigeria should come forth let's sale this country pay everyone via BVN and everyone goes their separate ways.
so law makers going home with millions isn't crippling Nigeria economy?
the dumb ass fool some folks put in power isn't crippling the economy?
we have failed ourselves.
which way Nigeria?
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Sleekfingers: 8:53pm On Oct 06, 2018
Why not diversity...crude oil is our major revenue generator...

Discovering of crude oil was suppose to be blessing to us. But reverse is the case
...

To be sincere we cannot afford to be paying 50,000 minimum wages...some states can afford it. E.g Lagos , rivers, kaduna and ogun state...

Let each state start looking inward..not just collecting allocations from federal government...e.g agriculture, tourism, mining etc
..
Truth is bitter though........
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by haryorbarmie83(m): 8:53pm On Oct 06, 2018
God punish devil, this people don't mean well for the citizens of this country.
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by bantudra: 8:54pm On Oct 06, 2018
viktohmarkz:
anyone with idea of where the original documents of Nigeria should come forth let's sale this country pay everyone via BVN and everyone goes their separate ways.
so law makers going home with millions isn't crippling Nigeria economy?
the dumb ass fool some folks put in power isn't crippling the economy?
we have failed ourselves.
which way Nigeria?
now you wan leave after you helped to set up a moroonic system....if you were at the top you wouldnt be talkin like this....

stfu....
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by KingSkido: 8:54pm On Oct 06, 2018
Haba Nigeria with selfish interest
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by cooltola(m):
1
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by deraugo: 8:56pm On Oct 06, 2018
Honestly there is need to diversify the Nigerian economy urgently. Over dependence on oil is not doing the country any good.

Any way have a look at this www.shopsnapy.com
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by urahara(m): 8:56pm On Oct 06, 2018
Islie:
http://thenationonlineng.net/n50000-minimum-wage-will-cripple-nigeria-economy/
Even though there senator has made a lot of sense , the average Nigerian doesn't want to hear about the effects of increased wages on the economy . All this one na garammar for them
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Olohunjedalo(m): 8:57pm On Oct 06, 2018
Chineke1stSon:
This one is most definitely living with his parents and eating 'mama thank you' free food..hence he doesn't know that there has been an over 120% increase in a lot of staple foodstuffs in the market within the past 2 years of this current administration ..something that was stable for the 6 years GEJ and his cabinet were In charge..
Ok cheesy
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Nobody: 8:58pm On Oct 06, 2018
bantudra:
yea yea..cry a river...the rich dont give a shiiit about the poor....buuuuhuhu....
Is this Rubbish Supposed to make sense? huh
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by bantudra: 8:58pm On Oct 06, 2018
cooltola:
How much is N50000 again , it is not too much. Those on top and power do not care about anyone but themselves. PDP is the worst party to vote for. $20 billion is still missing from GEJ time and people are still thinking of voting for PDP presidential candidate again.
if the rich realy care they would say,okay we earn lesser and the poor earn more...they can implement that easily...but they dont want....

they rather suggest to you stomach infrastructure...this i how wicked they realy are....
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by sarcasticdude(m): 8:59pm On Oct 06, 2018
bantudra:
na you started the nonesense since 1960....money money money money...now you see the backlash...??

you started it....now you wan deny them their wages after they rich the top......??

you all dreamt to earn that much....chop my money nonesense...spraying money around like moroons in parties....buying things you dont realy need...na una set up this chop my money system....soooo,what are you people complaining about now.......??

tahh....
What's this one saying?

Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by Nobody:
bantudra:
ofcourse....the only way minimum wages can be increased is when the rich give up much....thats just the way it is....nothing special....
You may be right, but it's unlikely that they are going to give anything up.
Re: ‘N50,000 Minimum Wage Will Cripple Nigeria Economy’ - Olorunnimbe Farukanmi by bantudra: 9:01pm On Oct 06, 2018
gypsey:
Is this Rubbish Supposed to make sense? huh
look...you have to outsmart the rich to get more....i will not bother explaining anything to you...you seem not that smart....
1 2 3 4 5 6 Reply

Why Idris Olorunnimbe’s Appointment Is In The Right Direction - Babajide FadojuBorder Reopening Will Cripple Nigeria’s Economy, Rep WarnsOsinbajo On A Condolence Visit To Pa Fasinro’s Family And Pastor Olorunnimbe234

2019 Election: Buhari Vows Harsh Verdict For AtikuPhotos Of Margaret Obi Campaigning In Ikot Ekpene MarketAPC ‘influencing’ Tribunal Judgements Is Worse Than Corruption, Fayose Counsels