₦airaland Forum

pacespot:
you are the only one who reasons well as a Nigerian, minimum wage will not solve the economy problem in this country, in fact, it will create more problems than it solves, because this will discourage savings by businessmen due to fear of losing the value of their money, unless they can convert the money to hard currency. the more people are discouraged from saving, the more inflationary pressure will be applied on prices of goods and services. at the end of the day, workers will not be able to enjoy the benefits of the pay rise, the marginal benefits of domestic inflations will fall into foreign countries whose goods have become costlier due to higher exchange rate of naira to dollars.

msylva2147:
And it was the same people like you who have been making noise that the president is delaying the approval of the minimum wage. Human beings with complaints are like 5&6.

msylva2147:
Then why are you so pained? I expected to see you happy but from the look of things you cried more than the bereaved.

msylva2147:
people that does that doesn't come on social media to express their pain. I believe there's that possibility that you could be a gate man in real life and comfortable spending ten digits (in dollars) every month.

adebayo10977:
Plz the new minimum wage bill, will it have effect on NYSC allaweeeee also from the initial #19,800.

adebayo10977:
Plz the new minimum wage bill, will it have effect on NYSC allaweeeee also from the initial #19,800.

hakeemhakeem:
so they re bigger than the constitution of the land.take them to industrial court but after that have it in mind that your work has end after court.

Dreal1247:
The money cannot afford two bags of rice. It is even less than ten Dollars ($10.00).

There is actually nothing to appreciate here. Nigerians like suffering so they can say "We are among the strongest people on Earth, smiling and suffering crap".

It is definitely more than 18K but have you heard of a country called Venezuela ? and the clusterfuck position they are in, there's a lot of money in the hands of citizens but what value can you get with the money?

https://www.bbc.com/news/world-latin-america-45246409
https://www.euronews.com/2019/02/15/venezuela-all-my-life-s-savings-were-destroyed-by-hyperinflation-thecube
http://theconversation.com/what-caused-hyperinflation-in-venezuela-a-rare-blend-of-public-ineptitude-and-private-enterprise-102483
https://internationalman.com/articles/wheelbarrow-economics/


Lol, I hope you people keep this energy in the next 10 months

Dreal1247:
The money cannot afford two bags of rice. It is even less than ten Dollars ($10.00).

There is actually nothing to appreciate here. Nigerians like suffering so they can say "We are among the strongest people on Earth, smiling and suffering crap".

It is definitely more than 18K but have you heard of a country called Venezuela ? and the clusterfuck position they are in, there's a lot of money in the hands of citizens but what value can you get with the money?

https://www.bbc.com/news/world-latin-america-45246409
https://www.euronews.com/2019/02/15/venezuela-all-my-life-s-savings-were-destroyed-by-hyperinflation-thecube
http://theconversation.com/what-caused-hyperinflation-in-venezuela-a-rare-blend-of-public-ineptitude-and-private-enterprise-102483
https://internationalman.com/articles/wheelbarrow-economics/


Lol, I hope you people keep this energy in the next 10 months

midolian:
You guys behave like dogs. If you chase a dog, it will pant; If it chases you, it will pant; If you don't chase it, it will pant; if it doesn't chase you, it will still pant.

I don't know what is difficult in appreciating this even though it is little. Must you wail all of the time?

kaorama:
Can't imagin how people can reason with sentiment. What can 30k buy in the market today as compared with 18k under previous administration. Meanwhile, OBJ increased lecturers' salary without making noise and GEJ increased workers salary without strike and no noise. Can't you people leave religion and ethnicity and face truth for ones in this country? How has APC helped you as a person? Do you go to market and buy things without money or do you get fuel free of charge at the gas station? It's unfortunate I share the same geographical space with some lunatics.

dafemnet:
If ur salary was 150k before, how much would you earn from today

kaorama:
Can't imagin how people can reason with sentiment. What can 30k buy in the market today as compared with 18k under previous administration. Meanwhile, OBJ increased lecturers' salary without making noise and GEJ increased workers salary without strike and no noise. Can't you people leave religion and ethnicity and face truth for ones in this country? How has APC helped you as a person? Do you go to market and buy things without money or do you get fuel free of charge at the gas station? It's unfortunate I share the same geographical space with some lunatics.

LORDLARGE:
O.k goodnews
hope we will not wake up to VAT and Pump price increment tommorow

adebayo10977:
Plz the new minimum wage bill, will it have effect on NYSC allaweeeee also from the initial #19,800.

There is actually nothing to appreciate here. Nigerians like suffering so they can say "We are among the strongest people on Earth, smiling and suffering crap".

It is definitely more than 18K but have you heard of a country called Venezuela ? and the clusterfuck position they are in, there's a lot of money in the hands of citizens but what value can you get with the money?

https://www.bbc.com/news/world-latin-america-45246409
https://www.euronews.com/2019/02/15/venezuela-all-my-life-s-savings-were-destroyed-by-hyperinflation-thecube
http://theconversation.com/what-caused-hyperinflation-in-venezuela-a-rare-blend-of-public-ineptitude-and-private-enterprise-102483
https://internationalman.com/articles/wheelbarrow-economics/


Lol, I hope you people keep this energy in the next 10 months

Ignorance and lack of education will kill this country and it's pathetic the percentage of Nigerians who fall into that category.

Do you know what value 30K can get you?

Chidimercy:
10 dollars is 3600 naira

teadrake:
All federal government agencies will be affected including the National youth service Corp (nysc)

Thatnawtichick:
i will be so happy