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Nairaland Forum / Nairaland / General / Politics / SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown (18636 Views)
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Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 9:49pm On Feb 20, 2019 |
Newboss: Is it Atiku that we should believe or Buhari. So you know, Sowore don't have the blood of Nigerians on his hand and he is not tired and haggard. And no matter what you say, the facts cannot change from the fact that we have MNCs and local companies operating with impunity, they don't pay tax, and collude with our hungry civil servants to corner the little they pay. Sowore will stop all the corruption and increase collection rate to serve the needy. He will improve efficiency and diversity the economy. All Nigeria needs is wealth distribution, someone already mentioned that to you. 1 Like |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by Nobody: 9:54pm On Feb 20, 2019 |
Ventura1:Still better than 18k minimum wage. Even from your analysis it shows that an average Nigeria earns more than the minimum wage. The minimum wage enters the minimum amount an employee should earn. It not necessarily cut across other levels as you try to buttress |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by Newboss(m): 9:54pm On Feb 20, 2019 |
ItzBIM:Your first paragraph is why I told you he's playing young people. He has enough sense to keep his cards close. By the time he sees the reality of what's on ground vs what's in his head, that's when you'll know that he's as ignorant as Buhari was in 2015. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by ItzBIM(m): 9:59pm On Feb 20, 2019 |
Newboss: Young man watch the video and see why she misquoted him. Stop being an online physiatrist here. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by Nobody: 10:00pm On Feb 20, 2019 |
JOMAX: Mistake. Letting PDP , a party that swore to rule Nigeria for 60years, back through the door is going to be catastrophic. They made a mistake in Jonathan, they will never ever willingly relinquish power again should they get it back. Why do you think PDP is so desperate? God forbid PDP comes back. To do what now? Wasn't 16 years enough to prove to us that they can rule this country? Instead they looted this country into a recession. As at 2014 December/January 2015 the Fg was borrowing money to pay salaries, something that has never happened before. God forbid PDP. God forbid Atiku. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by Chatflick(m): 10:05pm On Feb 20, 2019 |
tomtos88: I will be of course and even 60 years laters... I want to believe you mean well. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 10:21pm On Feb 20, 2019 |
Newboss: That is the same way that you people argued that increasing minimum wage to 30,000 will cause this and that. Now, it is N30,000 and it is still nmot enough for people who work decently. You people should be more worried about the amount of money that your politicians siphon and spent during elections. Do you realize how much politicians distribute at every election cycle? If you are right about Naira's death, it ought to have died during the 2015 elections and since 1999 when politicians unleash their dirty money on the economy. Yes, I probably sent the wrong link about tax/GDP, but doesn't change the fact that we have one of the poor collection rates in Africa. Unless you say that we cannot improve current collection rates, then I will agree that nothing is possible. But if you agree that we can improve improve efficiency, plug holes and save costs, why is it that we cannot distribute the wealth to those who work hard everyday to generate it for us. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by yinkeys(m): 11:36pm On Feb 20, 2019 |
A janitor in US embassy here earns over 300k monthly, it is a pity so many Nigerians aren't enlightened enough to know what they deserve as living wage. So sad, if only they can call their friends in Canada & Europe to see how they are faring. It is sad people are praising (grand fathers) Atiku or Buhari in this digital era. Many of this buharideens or atikulators need to go to South Africa at least for excursion so you'd realise how citizens are dehumanized here by our leaders. The world including some African countries like Rwanda & Kenya have really left us behind. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by Kposkila: 12:27am On Feb 21, 2019 |
Luciferchrist66:what a life! |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by sharpsecret: 12:38am On Feb 21, 2019 |
Luciferchrist66:may u receive 30k as salary for d rest of ur life so u can be more happy and eventually pass the 30k to ur children so they too can be happy.amen |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by sharpsecret: 12:42am On Feb 21, 2019 |
papiwyte:if dem postpone dis election by 1 more week..i wonder wetin una go call am since we will no longer be in febuhari,maybe una go call am madbuhari sinx we go dey march by then |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by Mavo0999: 12:55am On Feb 21, 2019 |
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Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by OnyesomJ(m): 12:58am On Feb 21, 2019 |
Only God Knows 2moro...
God Nigeria Is in Ur Hands Let Your Will Be Done Not That of Man..
2days to Election day |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by davien(m): 1:25am On Feb 21, 2019 |
idid:Don't you know Nigerians are the best illiterate literates online? Leave them to their ignorance, they'll keep voting with sentiment and refuse to open an ear to logic.. Universal Basic Income is what sowore is getting at. For the less informed, Google "universal basic income kurzegesat" and watch the video on how increasing wages this way won't lead to inflation... It's money circulation from undertaxed sectors with rules built in preventing transfer of such taxation to consumers/customers. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by Olumyco(m): 1:50am On Feb 21, 2019 |
idid: First of all, it is goods and services. The two are usually written together to mean the two economical product of an economy. All those tourism, health etc which you mentioned are referred to as services. Goods are manufactured products. So they are different. Secondly the GDP (Nominal) of Nigeria is not up to $1 trillion. We are around $500 billion. Also get this that Sowore did not quote 100k minimum wage based on the GDP factor. He quoted it because of the high salaries of senators and other politicians. Sowore idea of 100k minimum wage is from political/administrative point of view and not economical point of view. When you listen to Sowore he always says wealth creation is not our problem but wealth distribution which I agree. He always talk about the money our senators are earning and so on. The mistake he made was that he and his team ought to have sit down carefully and look at how they could solve the wealth distribution issue with economic intelligence. A good and intelligent solution is a kind of solution that eradicates a problem without creating another. We dont want a solution that will create another problem for us in this country Lastly, we need a revolution. The guy can activate it... I trust him..and God will help him. But he is not an economist. He needs economic experts to help him out on economic matters. No one is an island. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 2:03am On Feb 21, 2019 |
davien: You are very right, the world is talking about Universal Baic Income. Switzerland, Austria and so on trialled a UBI project of over 2500 euroes as salary to all citizens per month. Inflation is the least of the conversations. Sowore is driving at something similar and is proposing only around 200 euroes to my compatriots, every month. Here they are, saying that 200 euroes will cause hyper inflation like Venezuela and Zimbabwe. Honestly, we are our own biggest enemy. We like to oppose anything new and that can take our shackles away. I have to blame our politicians for enslaving our people's minds and souls. We need nothing short of a revolution. There is no way we are going to ever convince these zombies that it is possible, but only without the old tired and expired politicians. 1 Like |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by urahara(m): 2:04am On Feb 21, 2019 |
idid: U forget that developed countries have a high per capita , not because they pay higher salaries to workers , but because the quantity of goods and services produced is by far larger than that of impoverished countries. 1 Like |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by urahara(m): 2:09am On Feb 21, 2019 |
idid: They produce a ridiculous amount of oil in relation to their tiny population. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 2:24am On Feb 21, 2019 |
urahara: I can almost agree with you, let me quote the example of Saudi Arabia and UAE again as I did earlier. Both countries have a huge GDP not because of oil alone. They also have a thriving tourism and hospitality sector. Why that is so is because they have good policies which includes paying good salaries so they can attract quality people to work there. Up until now, UAE and most Middle East countries literally go out to employ teachers and hotel managers from the western countries. It is those expatriates who get attracted that let them develop their hospitality, leisure and hotel sectors. Everybody want to work in Dubai because they pay well over there. Effectively, GDP's are built on the value that a quality workforce creates. Same with Silicon Valley, tech companies over there attract top quality people from around the world because they provide the best pay. It is those people that attract more vale and money to Silicon Valley. It is going to work the same way for Nigeria. If we pay well, we will attract and retain quality people who will work and think innovatively. It is on the back of those that we can build value and increase government income. So I disagree... human capital investment has to be first before anything. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by urahara(m): 2:30am On Feb 21, 2019 |
idid: Stop peddling lies , our gdp is $ 397 billion dollars. , Not 1 trillion |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 2:34am On Feb 21, 2019 |
urahara: I believe we are talking of production outside natural resources.. but if you want to include oil... It is a shame for Nigeria then because we sell for the same price they sell. So why is it that people in Riyadh and Dubai get $2000 minimum salary per month and people in Nigeria are hardly getting $40... don't you think it's sad? |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by urahara(m): 2:36am On Feb 21, 2019 |
idid: The contribution of tourism to Saudi gdp is 9 percent , while that of oil is 42 percent , so your point is totally wrong. Even if Saudi had no tourism , they would still be balling. Saudi is not rich because of tourism . |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 2:36am On Feb 21, 2019 |
urahara: That was a mistake.. you are right about our GDP. So $300 billion.. why is it that we can't pay $280 per month? Where is all the money? |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 2:38am On Feb 21, 2019 |
urahara: Where did I say that? What exactly is your argument? |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by urahara(m): 2:41am On Feb 21, 2019 |
idid: U still don't understand why this technology companies pay well ? These tech companies aren't owned by the govt . They pay well in the first place because they make massive profits and they make massive profits because of the immense value or products and services they are able to make. It's just like me having a company earning 1 million naira every year , and me deciding to pay 1 million dollars to my staff , it's never going to work. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by urahara(m): 2:46am On Feb 21, 2019 |
idid: It doesn't work that way . In every society , there is always income inequality , that's just how capitalism works. But its just that in sub Saharan countries especially Nigeria , the income inequality is too chronic. At the bolded , the money was never much to begin with , our gdp per capita is about $ 2300 , while that of u.s.a is about $ 56,000 and that's not even the highest. In summary , most of the money goes to few rich people , while the masses are in a state of grinding poverty , as 46 percent of Nigerians struggle on less than one dollar a day. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 2:51am On Feb 21, 2019 |
urahara: NASA is owned by the government and there are many state owed and state sponsored tech projects and companies in the west. There is no where else to get well paid than a place like NASA and the likes. But that is not the argument, the argument is that you cannot build value in any industry, or attract investment or customers without investing in human capital first. The biggest resource of any company or country are its people. My friend, we should not be having this conversation at all. Any company or government that cannot invest first in its people by paying them well through intrinsic and extrinsic methods do not mean business. If we must build a respected civil service, our human capital approach must improve and be taken more serious... for me 100k per month will not even be enough. Means we will hardly attract the best talent from the private and the diasporas... when are we going to grow then? 1 Like |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 2:56am On Feb 21, 2019 |
urahara: Glad you agree that capitalism creates inequality. It's even worse in our own clime where corruption has takenover every where. Don't you agree then that outright capitalism is not for us at this point. Otherwise, inequality will continue to expand. Don't you also agree that we need new generation of leaders to start the conversation. I'm not sure Atiku cares about capitalism and its attendant problems as you've mentioned. Neither is Buhari bothered. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by urahara(m): 2:59am On Feb 21, 2019 |
idid: It's not sad. Nigeria produces 1.6 million barrels per day for 200 million people Saudi produces 10.3 million barrels per day for 33 million people Nigeria - 125 people share 1 barrel everyday Saudi - only 3 people share 1 barrel everyday And. Saudis own is low compared to Kuwait Kuwait produces 3.15 million barrels for 4 million people Kuwait - only 1 person shares a barrel everyday. Nigeria could have been rich from oil if our population was around 1 million , but unfortunately it's not. Nigeria must industrialise and make products that can compete with that of the developed countries or otherwise perish. Nigeria has never ever been rich , our only hope is too industrialise. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by urahara(m): 3:02am On Feb 21, 2019 |
idid: The only option is communism and spoiler alert it doesn't work . That's why so many countries even u.s.s.r had to dump it . Under communism , millions of people are starved to death , and it will even be worse in a country like Nigeria where absolute power corrupts. |
Re: SOWORE 2019: Implication Of N100,000 Minimum Wage For Workers By Lai Brown by idid: 3:07am On Feb 21, 2019 |
urahara: How come the quality of life in Rwanda, Ghana and other countries in Africa are better. They don't even have oil in those places. Going by your logic, they should be poorer, dirtier and impoverished than Nigeria. I'm not sure of the figure but minimum wage in Rawnda, Botswana and other African countries are not as bad as 18k which we have struggled to pay for ages. Point is our problem is leadership. We don't need old, tired and expired politicians again. Isn't it time to diversify into other fields and even use our human potential to perform wonders.. |
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