Triplechoice's Posts
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helinues:States can pay if they want to. It's not about the money as you think but the willingness to pay . The federal government has increased allocations going to states. It's almost times 3. And because of this,Tinubu has been begging the governors to use the excess money they're getting from the centre to provide palliatives and pay wage awards to workers , but most of them have ignored him. Only a few governors have done something in that regard . The others are silently stealing the windfall and pretending as if nothing has changed. |
Namaster:I swear the man is really dumb. A special adviser on information who's not too well informed to know the difference between labour party and labour union that's made up of workers from different political parties. His personal hatred for Ajaero has affected his brain. He's not also aware of what's contained in the minimum wage act if not he wouldn't use his personal driver as an example. Tinubu appointed someone not fit for the job SMH. |
PARADIZEPRIEST:It's very clear you don't know that some private business workers are also part of the labour union . |
Streetinvestor2:You're deflecting. You said 60k is 100% increase and I replied you it's not and explained how. Focus on that and explained how it's what you claimed it's . That's all. Why asking me to resign? Did I announce to you I'm a civil servant? Contrary to what most of you think, an appreciable increase in minimum wage will favour everyone in the long run. It will stimulate the economy that's almost going comatose. Businesses will benefit from the increase patronage from workers who now earn more, leading to such businesses increasing production and employing more workers .The government will as well benefit from sales tax. So it's not what you think. |
Streetinvestor2:Don't use what's happening in your state to generalise about civil servants. Civil servants in Lagos state are actively engaged to do the work they were employed to do. Besides you haven't shown you know the type of work civil servants are expected to do. They're not employed to work like factory workers but mainly to keep records of government activities. If the governor of your state is not working, what do you want them to do ? In abia state right now where the governor is very active, civil servants ,unlike before, are now actively engaged and doing their work and resuming everyday. Blame the governor of any state where civil servants are idling about. You blame civil servants but never asked the question why they still retain their jobs without doing anything. As for the small business and artisan, direct your blame and anger to those who came up with the minimum wage act that exempted those category of workers. Labour leaders over the years have been pushing for an amendment of the law to include those category of workers, but those in government in conjunction with some business owners in this country, who want to continuing exploiting their employees have been blocking the move. Modified. I expected you to critically respond to what I said about your so called 100% increase. You didn't do that but to react emotionally. |
seunmsg:Google the Nigerian minimum wage act of March 2019 . It's clearly stated there .
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The Minister is not current. Is he not aware of the current exchange rate of naira to the dollar to say 60k is 100% increase .? 60k is actually a reduction. When Buhari approved 30k minimum wage 5 years ago it exchanged for $83. 60k is now exchanging for about $44 dollars , yet the minister wants to deceive himself that it's 100,% increase |
Streetinvestor2:It's not when you consider the current value of the naira to the dollar. The so called 100% increase is an illusion meant to deceive the gullible public 30k minimum wage approved by Buhari 5 years ago was $83 as at that time At the moment, 60k is equivalent to about $44. So where is the imaginary 100% increase? Show me . You have allowed the government to deceive you with figures, 60k, that doesn't amount to anything in the market |
BreconHills:Massive pay out for how many of the total number of workers in Nigeria? |
Doyin2:You people are very funny. What's minimum wage and what's living wage? And why is the government trying to fix minimum wage? |
sheDD:So what you're saying then, Minimum wage should not be reviewed at all? |
Omenlon:Only a few in the private sector are paying minimum wage in Nigeria and that's because of the exemption most of them enjoy under the law. Some large scale enterprise are already paying more than 100k to their lowest paid staff: those in the oil and gas , communications |
seunmsg:Minimum wage is not for all private businesses in Nigeria. There are lot of exemptions in the private sector. So not all of them pay it. Private businesses with less than 25 staff in their payroll are exempted from paying. You have called the 494k unrealistic. But what of government's 60k? Is that one realistic to you? |
IAmHim1:Hehehe. So the world bank is made up of only white people? Just look at you. SMH I even mentioned economic experts, who are obviously Nigerians consulted by the federal government .But you skipped that because you don't take your time to read before replying ,and that is why you have been misrepresenting me. I said, one of the reasons for the rising cost of food items in Nigeria is greed, but you interpreted to mean I said it's the only reason. Modified. I'm sure you don't even know one of our own, Nkonjo Iweala was a former vice of the world bank, and almost headed it. Do you,Mr White man? |
IAmHim1:You're projecting yourself. You're the one typing because you feel like typing. You argued that it's the value of the nation's currency that's reducing and not price of goods increasing. I said it's not completely true and gave my reasons. Debunk those and stop the wayward talk. There was a time when it was unheard of for a profession footballer in the UK to earn 500k as weekly wages. But now they are earning it. Why? Is it because the value of the British pounds has reduced in value or due to what? Paper money is an illusion, and it's something you're yet to understand . And I repeat,( not meant to disparage you in any way),you still don't understand what minimum wage represents and why it's backed by law in Nigeria . If you do , you won't talk of any alternative . Economic experts consulted by the federal government has advised minimum wage is reviewed upwards to 100k. The IMF and the world bank known for poke nosing into what's done in Nigeria,have not suggested any alternatives or discourage the move , but here you are talking of an unrealistic alternative because you have have succeeded in convincing yourself, deluding yourself, that you know more than everyone of those experts I think it's enough for now.You can continue to share your thoughts with those who will listen. Good luck . . |
IAmHim1:What you have is a mono- causal explanation for why basic necessities are currently beyond the reach of the common man in Nigeria . Not everything whose price has gone up is imported in this country. Greed by traders is one of the major reasons the prices of garri and other foodstuff has hit the roof top, and not just because the value of the naira has reduced. Do we import garri? No. We're even exporting it right now resulting in scarcity of the product And scarcity we all know leads to price increase. Also, artificial scarcity due to hoarding of garri and other food items is responsible for the current hyperinflation. Finally ,a bag of rice can never be 5k in Nigeria. That can only happen in a dream. There's a reason why economics solutions hardly ever work in this country. Nigeria is filled with a lot of crazy people who do things abnormally. Are you aware that manufacturers of sachet water in some parts of Nigeria have formed unions to dictate the price of that product, with the government doing nothing about it.? A bag of sachet water should not be more than 250 naira, according to a friend into the business , but the union they're forced to join in the area where he has his factory, says everyone must sell a bag 450 naira .why? Is it we import water or the value of the naira has reduced? By forcing people to join such unions, they have succeeded in eliminating competition that would have resulted in different prices for the benefit of the consumers. Is that normal? You don't yet know the county that you live in. |
Juvechelsea96:The 9.500k for education is very vague. For whose education is it? And food, #1, 700k a day? Maybe you live in the north. |
eddie7:You're arguing the impossible. Minimum wage has never been reviewed downwards in this country or elsewhere where it's implemented. If you know the reason why it's always reviewed upwards,you wouldn't mention a downward review. The condition that would necessitate a downward of minimum wage has never happened anywhere in the world. It will never happen. It's only a dictatorship government that would attempt reviewing minimum wage downward. |
eddie7:Then you don't know what minimum wage is. |
IAmHim1:There's no alternative to minimum wage if you really know what it means. It's law not only in Nigeria but everywhere in the world where it's implemented. And the idea behind the minimum wage law is to ensure employers of labour don't exploit their workers, especially the lowest paid staff ,by paying them wages not enough to enable them afford the basic necessities of life. It's for this reason it's reviewed upwards periodically to meet up with current realities. In Nigeria,the law says it must be reviewed upwards once every 5 years . Delete the thread you created. Nobody in government will look at it because they know minimum wage is workers right that cannot be tempered with. |
DeepSight:It's not assumption. There's usually a guideline to be followed for the consequential adjustment whenever minimum wage is reviewed upwards. The link below contains the guideline for the already expired 30k minimum wage. Go through it to get an idea of how it's done. https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.thisdaylive.com/index.php/2019/11/18/fg-releases-circular-on-minimum-wage-consequential-adjustment/&ved=2ahUKEwif39-YxbiGAxWHYEEAHbHCAnUQFnoECA4QAQ&usg=AOvVaw0dJCD_VzNL86haL0jmnBtO
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ForValour:It's not up to that The next will only get 23% consequential adjustment in their salaries. |
bluefilm:My friend, minimum wage is law in Nigeria ,and the law says it must be reviewed upwards every 5 years . Moreover it's only about 5 percent of the working force in Nigeria that benefits from minimum wage increase, which is not enough to result in too much money entering the economy to cause hyperinflation. |
DeepSight:Those at the top will enjoy consequential adjustment to their salaries |
"Hail Thee" Old English expression. Backward thinking senators. |
dapsoneh:They won't allow such thing because everyone understands the tradition. They were all having fun pretending it was real . |
Juvechelsea96:Between 2015 to 2023. Most of the borrowings were during the covid 19 period. It's only a few States that borrowed recently. Modified. Another thing absent from the report is the number of States that borrowed recently. How many? |
Juvechelsea96:The problem we have in this country is corruption. And that's because we have elected or forced to elect mostly thieves into our various state government houses in Nigeria. They're not there to improve anything or to develop their state, but to steal from government coffers. So , even if they have the money to pay, what they consider first, is what we be left for us after paying minimum wage? If the answer is not what they like,then they do everything not to pay. |
For me, given the current economic climate, my idea minimum wage is 250 to 300k. But because I know the government won't pay that amount, 120k to 150k should be accepted by labour. When Buhari approved 30 k 5 years ago,it amounted to $83 and a bag of rice was between 18k to 24k. Now that a bag of local rice is about 80k, 81k minimum wage which is about $55 is very unrealistic and not enough to afford the average Nigeria worker the basic necessities of life for himself and his family members. |
Juvechelsea96:That money was from long ago. Please find out the exact date the loan was given. It wasn't Tinubu government. The governors are currently getting almost times 3 from the centre since last year. So ,no state has borrowed any money recently to pay salaries. |
Juvechelsea96:Minimum wage is not just the money paid to the lowest cadre of civili servants, but also what can afford them the basic necessities of life for themselves and their immediate family members. This last part ,which most people ignore, is the reason I initially asked you " what's minimum wage" Hope you now understand where I'm coming from. See, most of the governors really don't want to pay a living wage. There are being forced to due to one reason or the other. The current president has been begging the governors to pay wage awards pending when discussions concerning the new minimum wage is finally concluded. Allocations going to sates has been increased for that purpose. It's almost times 3 now, yet some governors have refused to pay the wage awards. They have ignored the president and quietly channeling the money elsewhere and pretending as if it's still as before. So tell me now, what's the reason for their refusal to pay if not wickedness and insensitivity. |
Juvechelsea96:The article was based on intervention given to states by the Buhari led federal government more than 5 years ago to pay salaries . It was during the covid 19 period. You're not current. Talk of the current moment please. Let's not quarrel about this. Let the discussion proceed peacefully |
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