Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,336 members, 7,819,172 topics. Date: Monday, 06 May 2024 at 12:18 PM

Just In: NLC Rejects N27,000 Minimum Wage - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Just In: NLC Rejects N27,000 Minimum Wage (25927 Views)

May Day: NLC Rejects 35% Pay Rise, Insists On Living Wage / NLC Rejects New Petrol Pump Price / El-Rufai Sacks Nurses Who Participated In NLC Strike, Warns KASU Lecturers (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Just In: NLC Rejects N27,000 Minimum Wage by Hotzone(m): 7:42pm On Jan 22, 2019
Obasanjo was there, but he can't say contrary
Birds of same feather
Re: Just In: NLC Rejects N27,000 Minimum Wage by Yankee101: 7:43pm On Jan 22, 2019
Fuckuignos:
Tip: If you ever have to park in a city at night, park in front of a bank. They're always lit up and have cameras everywhere.

Parking in front of a bank is not allowed for security reasons
Re: Just In: NLC Rejects N27,000 Minimum Wage by espeeroke: 7:44pm On Jan 22, 2019
Current crop of guys in NLC got no ball.....
Re: Just In: NLC Rejects N27,000 Minimum Wage by Olawalesmarter(m): 7:45pm On Jan 22, 2019
Nigerian Government can pay more than 50,000 minimum wage, Shut down the Government, let's burn Aso Rock undecided

1 Like

Re: Just In: NLC Rejects N27,000 Minimum Wage by Nobody: 7:45pm On Jan 22, 2019
This shit and ASUU don taya me.
Re: Just In: NLC Rejects N27,000 Minimum Wage by Edenoscar2(m): 7:45pm On Jan 22, 2019
so they agreed on 30k and they are pricing it to 27k
Re: Just In: NLC Rejects N27,000 Minimum Wage by bantudra: 7:54pm On Jan 22, 2019
this dont make sense....this is something already....nlc should accept and continue the battle another day....
Re: Just In: NLC Rejects N27,000 Minimum Wage by chinedumoooo: 7:54pm On Jan 22, 2019
Half loaf of bread is better than none,#18,000 is not realistic talk more of #30,000.after 16th February 2019,all agitations and protect will quanch like fire both ASUU,asup and nlc will regret not accepting the once available.
Because nothing will stop president Muhammadu buhari from Winning.
Re: Just In: NLC Rejects N27,000 Minimum Wage by theoldpretender(m): 7:56pm On Jan 22, 2019
NLC is not going to get their 30000 minnimum wage....because the government cannot afford it.

Oil yesterday was $62 per barrel. Yes, it is $2 dollars above the minimum set for budget...but it is still far less than our 2017 breakeven price of $140 per barrel.

The breakeven price of oil is the price we need oil to be to have enough revenue to fund a budget sans borrowing, sans deficit.

Since Bubu took over, oil has never been above $75 on average. So, essentially, we are earning at least $70 less than we need per barrel of oil in revenue.

And NLC now wants a salary increase.

The only way NLC gets an increase is either

1.Government cuts things like fuel subsidy, subsidy for educaiton, ...meaning that fees go up,and petrol retails for N250 per liter and above.

2.Government takes a loan to keep essential services running...while it redierects money to pay the wage from other ministries.

3.Yes, they need to cut their allowances. Yes, N1 trillion is a lot of money to spend on our National Assembly...and we need to cut it. But that means that things like constituency projects, etc as well as jobs (senators and reps employ people too) would have to be cut...and I doubt the money would be enough.

Yes, Buhari should have diversified. The problem is,

1.Agriculture has not earned enough cash for us since the early 1980's. To rebuild our capacity in agriculture is going to take time...plus we have very very stiff competition (The South East used to be world leaders in palm oil. Now ...it is Malaysia and Indonesia. Can the SE rebuild its capacity to what it was in the 1960's).

2.Mining too...needs a lot of regulation. There is so much illegality there that cleaning up the sector is going to take years.

The thing is, e no go easy to pay this minimum wage. I hear people shouting Governemt is corrupt...and yes, they are right. The current government is not exempt from corruption. But even if we removed corruption....giving everyone an increase is not going to help.

Add the fact that the increase is for government workers only. Meaning..the private sector is going to come under pressure to match the public sector...increasing costs for a sector that is already finding it hard in Nigeria.Meaning...long term..investments get pulled out...jobs get lost.

So,let's face facts Nigeria...this country is not rich...and we need to make the hard choices to adjust to that fact. If NLC expects govt to fund a salary raise with oil prices that are too low to fund it...then they better get ready for more loans, or cuts elsewhere.

Either Nigeria takes the hard road to industrial development, or we keep on with our silly sharing money economics that we have been doing since 1960. ...which is why we are still underdeveloped.

I don talk my own.

2 Likes

Re: Just In: NLC Rejects N27,000 Minimum Wage by Afamed: 8:09pm On Jan 22, 2019
ambrosedmax:
In 2015 minimum wage was 18,000... Which is $90.... But now, minimum wage is 27,000... But $75.... Check out the difference... Failed government
And you failed to tell us the source for paying the minimum wage which is crude oil was $120 per barrel then in 2013/2014 and now the same source to pay the minimum wage is $60 per barrel.

1 Like

Re: Just In: NLC Rejects N27,000 Minimum Wage by thatigboman: 8:09pm On Jan 22, 2019
yusscity:
Good,second to comment
unfortunately no STC award
Re: Just In: NLC Rejects N27,000 Minimum Wage by RTSC: 8:11pm On Jan 22, 2019
phranklyn92:
Yes!!!
We the corps members refuse to settle for crumbs! angry wink angry
I pity you.

They will keep dragging it till your service year expires.

It is the new intake that may enjoy it.
Re: Just In: NLC Rejects N27,000 Minimum Wage by Afamed: 8:14pm On Jan 22, 2019
IamAtikulate:
Good. If thief Buhari can cut his bald hair with 300 million, Labour deserves better
Mugu and you believe N300m was used to cut hair? Truly PDP e warriors are brain dead. The same propaganda that failed you woefully in 2015.
Re: Just In: NLC Rejects N27,000 Minimum Wage by Nobody: 8:17pm On Jan 22, 2019
babecode:


Source:
https://all-gists..com/2019/01/Just-In-NLC-Rejects-N27000-Minimum-Wage.html
This set of labour leaders are disappointing even ASUU wouldn't fall for this skim exhibited by the federal government
Re: Just In: NLC Rejects N27,000 Minimum Wage by somehow: 8:18pm On Jan 22, 2019
What kind of stupid journalism is this? So the council of states is now the federal government?

Should the federal government force states into paying what they don't want to pay? Federal government have said they will pay 30k, states (some) said they can't pay, why can't labor target those states dragging foot instead of this rubbish statement?
Re: Just In: NLC Rejects N27,000 Minimum Wage by somehow: 8:19pm On Jan 22, 2019
Is Federal government the one to decide what state will pay?
asuustrike1:

This set of labour leaders are disappointing even ASUU wouldn't fall for this skim exhibited by the federal government
Re: Just In: NLC Rejects N27,000 Minimum Wage by Adewalefisayo(f): 8:21pm On Jan 22, 2019
the labour leaders are toothless dogs... i wonder this sheatsssss
Re: Just In: NLC Rejects N27,000 Minimum Wage by BigBizzy(m): 8:30pm On Jan 22, 2019
nlc vote Buhari out....you guys have the people and crowd...help this country for once
Re: Just In: NLC Rejects N27,000 Minimum Wage by IamAtikulate: 8:32pm On Jan 22, 2019
Afamed:

Mugu and you believe N300m was used to cut hair? Truly PDP e warriors are brain dead. The same propaganda that failed you woefully in 2015.
Almajiri go and check thief Buhari budget
Re: Just In: NLC Rejects N27,000 Minimum Wage by ogawisdom(m): 8:58pm On Jan 22, 2019
Fuckuignos:
Tip: If you ever have to park in a city at night, park in front of a bank. They're always lit up and have cameras everywhere.

Filling station is the safest
Re: Just In: NLC Rejects N27,000 Minimum Wage by IYANGBALI: 9:05pm On Jan 22, 2019
Timatayo1:
I don't know why labour Union are do like this just go on strike and shut the government down period
its long over due
Re: Just In: NLC Rejects N27,000 Minimum Wage by Nobody: 9:07pm On Jan 22, 2019
27k not even enough to buy a good pair of shoes.
Re: Just In: NLC Rejects N27,000 Minimum Wage by yetunsbay(m): 9:08pm On Jan 22, 2019
Mk17:

so 30k is too much to ask for? I am unmarried but I don't see how I can survive with 30k
frankly I take that as emolument yet unmarried. To buttress ur point it not reaching no where
Re: Just In: NLC Rejects N27,000 Minimum Wage by lonelydora: 9:11pm On Jan 22, 2019
Fuckuignos:
Tip: If you ever have to park in a city at night, park in front of a bank. They're always lit up and have cameras everywhere.

Sounds funny but true
Re: Just In: NLC Rejects N27,000 Minimum Wage by BuhariAdvocate: 9:15pm On Jan 22, 2019
Misplaced of priority.
Re: Just In: NLC Rejects N27,000 Minimum Wage by Tinalex(f): 9:15pm On Jan 22, 2019
theoldpretender:
NLC is not going to get their 30000 minnimum wage....because the government cannot afford it.

Oil yesterday was $62 per barrel. Yes, it is $2 dollars above the minimum set for budget...but it is still far less than our 2017 breakeven price of $140 per barrel.

The breakeven price of oil is the price we need oil to be to have enough revenue to fund a budget sans borrowing, sans deficit.

Since Bubu took over, oil has never been above $75 on average. So, essentially, we are earning at least $70 less than we need per barrel of oil in revenue.

And NLC now wants a salary increase.

The only way NLC gets an increase is either

1.Government cuts things like fuel subsidy, subsidy for educaiton, ...meaning that fees go up,and petrol retails for N250 per liter and above.

2.Government takes a loan to keep essential services running...while it redierects money to pay the wage from other ministries.

3.Yes, they need to cut their allowances. Yes, N1 trillion is a lot of money to spend on our National Assembly...and we need to cut it. But that means that things like constituency projects, etc as well as jobs (senators and reps employ people too) would have to be cut...and I doubt the money would be enough.

Yes, Buhari should have diversified. The problem is,

1.Agriculture has not earned enough cash for us since the early 1980's. To rebuild our capacity in agriculture is going to take time...plus we have very very stiff competition (The South East used to be world leaders in palm oil. Now ...it is Malaysia and Indonesia. Can the SE rebuild its capacity to what it was in the 1960's).

2.Mining too...needs a lot of regulation. There is so much illegality there that cleaning up the sector is going to take years.

The thing is, e no go easy to pay this minimum wage. I hear people shouting Governemt is corrupt...and yes, they are right. The current government is not exempt from corruption. But even if we removed corruption....giving everyone an increase is not going to help.

Add the fact that the increase is for government workers only. Meaning..the private sector is going to come under pressure to match the public sector...increasing costs for a sector that is already finding it hard in Nigeria.Meaning...long term..investments get pulled out...jobs get lost.

So,let's face facts Nigeria...this country is not rich...and we need to make the hard choices to adjust to that fact. If NLC expects govt to fund a salary raise with oil prices that are too low to fund it...then they better get ready for more loans, or cuts elsewhere.

Either Nigeria takes the hard road to industrial development, or we keep on with our silly sharing money economics that we have been doing since 1960. ...which is why we are still underdeveloped.

I don talk my own.
As much as i enjoyed your analysis, why are the senators still taking exorbitant salaries and allowances? Can't their national cake be slashed to accommodate this agitation? Must the common Nigerian citizen always be the ones to pay for the Federal Government and cabal's greediness and selfishness? Think about it, you will realize..the 30k minimum wage is very doable...

1 Like

Re: Just In: NLC Rejects N27,000 Minimum Wage by Rexnegro(m): 9:19pm On Jan 22, 2019
Blacksodje:
Is less than $100 to much to be paid to as Nigerian worker at the end of the month?

Why drag #3000 with NLC as if say una dey price tomatoes for mile12 market.
as much as I support nlc been paid whatever they are asking for , my question is will they nlc also increase productivity, performance ? have you ever gone to govt offices and see how most people are busy doing nothing? some are peeling egusi , gossiping ,selling recharge cards etc
Re: Just In: NLC Rejects N27,000 Minimum Wage by Olu4luvme(f): 9:22pm On Jan 22, 2019
omobacyprus:
Labour need to go and do 2 months I.T with ASUU on how to strike
honestly grin grin

(1) (2) (3) (Reply)

Bayelsa Youths Arrest Agip Pipeline Bombers / Ohanaeze: We’ve Dragged Soludo To Igbo Deities Over Comment On Obi / Hon Bello Mutari Shares Over 2,000 Mobile Phones In Kogi (VIDEO)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 53
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.