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PoliticsRe: Labour Should Reconsider Minimum Wage by triplechoice(m): 7:04pm On May 28, 2024
Juvechelsea96:
You have not shared any idea you know only caustic remarks. Share your own idea of what the minimum wage should be on tbe grounds of your state of origin's or state of habitation's Internally Generated Revenue, the debt the country owes, the GDP of the country, what your state of origin or state of habitation receives from the centre, the other wages paid to the other cadres of civil service as well as the projected number of Civil Servants in the stated STATE.
Share your idea.
I see you're misinforming the public about
minimum wage hence the reason for my comments you called caustic.

I have been sharing vital info concerning minimum wage everywhere on this forum because I see most people here are very ignorant concerning the matter.

So, it's not what you think .Everyone cannot agree with you. If you don't know that and don't know how to deal with it, then you will quarrel with those who disagree with you.

And that's what you're doing right now.
PoliticsRe: Labour Should Reconsider Minimum Wage by triplechoice(m): 6:58pm On May 28, 2024
Juvechelsea96:
You buy foodstuff that you can afford and cook at home and eat as well at home.
Remember I said it is expected that the individual also has a side hustle.
Stop talking of side hustle. There are some . ministries where' you won't have time for any side hustle.
Besides, during break time, most workers buy food from restaurants in and around their offices. Everyone cannot be carrying food to the office.
PoliticsRe: Labour Should Reconsider Minimum Wage by triplechoice(m): 6:53pm On May 28, 2024
Juvechelsea96:
You say stop the lies as if I am the issue of discussion on one hand and on the other hand as if you have substantial evidence against mine that only 5states are not paying where many owed more than 6months salary.
Be constructive in your reasoning and posts.

The topic is: what do you think about an ₦81,000 minimum wage in view of Federal Government offer of ₦60,000?
Labour has come out to say that it's only 5 States in Nigeria not paying minimum wage and it was even on front page on this same forum.. Anambra, one of the states mentioned, has even come out to deny it.

So where did you get your figures from that 20 States are unable to pay and even owing.l salaries Don't just say things you can't substantiate with fact's and figures .
PoliticsRe: Labour Should Reconsider Minimum Wage by triplechoice(m): 6:47pm On May 28, 2024
Juvechelsea96:
It is obvious you don't know the definition of minimum wage and you don't have ideas to share so this thread is not ideal for you.
Share your ideas if you have any. I have shared mine. Have a healthy conversation if you can try.
I asked you what's minimum wage and not the definition of minimum wage.

Your thread is not complete if you don't first show you know everything about minimum wage

Labour's proposal is based on a correct understanding on what minimum wage is, while your ,81k is based on what it's not.

And I'm certain you don't know that minimum wage is law in this country and what the law entails. If you know it , your op will show it.
PoliticsRe: Labour Should Reconsider Minimum Wage by triplechoice(m): 6:31pm On May 28, 2024
AcadaWriter:
N70-N80k should be okay for now
Give reasons
PoliticsRe: Labour Should Reconsider Minimum Wage by triplechoice(m): 6:11pm On May 28, 2024
Juvechelsea96:
Ok. Your opinion has been noted but you didn't comment on the ₦48,000 initially proferred and raised to ₦60,000. You also did not comment on most states in Nigeria(greater than 20states) that were not able to meet up with the previous minimum wage so wherein lies the reality of the States to meet up with above ₦200,000 minimum wage(lowest possible pay)?
Lastly, the problem is not me as I am not in governance so why not channel any grievance appropriately? I await other respondents.
Stop the lies please..

Only 5 States are not paying the old minimum wage.
PoliticsRe: Labour Should Reconsider Minimum Wage by triplechoice(m): 6:09pm On May 28, 2024
helinues:
N70-N80k should be okay for now
What's your reason?
PoliticsRe: Labour Should Reconsider Minimum Wage by triplechoice(m): 6:04pm On May 28, 2024
Juvechelsea96:
Considering the spate of the Nigerian Economy not fully regarding the fat take home of our legislators but plying a path of near current reality, I suggest the Labour Congress should settle for ₦81,000 as the new minimum wage to mitigate against so much back and forth with the Federal Government.
What is your take on this?
What's minimum wage?

That's the question you need to ask yourself and answer before suggesting any figure for labour to accept.
PoliticsRe: How Many Nigeria States Can Afford N70k Minimum Wage? by triplechoice(m): 2:31pm On May 27, 2024
helinues:
Then who are those owning, are they from Jupiter?
You yourself, don't know the states owing and you created a a thread to discuss the problem?

What's wrong with you?
PoliticsRe: How Many Nigeria States Can Afford N70k Minimum Wage? by triplechoice(m): 2:21pm On May 27, 2024
helinues:
How many states did you list, how many states do we have in Nigeria?

If majority of them are struggling to pay the basic minimum wage , then it's time to start questioning what they have been doing with all the allocations they have been receiving.

We shift too much unnecessary attention on FG while the state governors are behaving anyhow
It's only 5 States out of 36 that are struggling to pay, oga.

Stop the lies please
PoliticsRe: How Many Nigeria States Can Afford N70k Minimum Wage? by triplechoice(m):
helinues:
FG, Labour union, Private sectors can agree on what the basic minimum wage should be, the implementation by states in particular is the real big deal.

If Nigeria states are owning salaries for months, if they can be waiting for FG loans to pay N30k minimum wage, which is sometimes ridiculous upon they don't have any tangible things to have shown what they are spending on.


How many states in Nigeria can conveniently pay N70k minimum wage without owning or wait for FG bail out?
Why do you always insist on seeing problems where there are none? You're in the habit of telling half truths on a public forum where others know more than you and can easily debunk it.

How many states in Nigeria are owning salaries for months ? You need to mention the exact figure for us to know the extent of the problem.

If you don't know,go and do your research and come to edit your op.

Before now , you were part of those saying a lot of states in Nigeria can't pay the 30k minimum wage and so government should not increase it. But now that labour has come out to clear the air that it's only 5 States, with 2 denying it, you have now decided to turn to " states owing salaries for months". without mentioning the exact number and why they're not paying,if due to lack of funds or corruption.

" A story that's not complete is a lie"
Chidimamanda Adichie.

Please get your facts right next time so you don't misinform the public.
PoliticsRe: Does The Father Of Cultism In Nigeria Deserve A Nobel? by triplechoice(m): 10:11am On May 27, 2024
Wole Soyinka is not the father of cultism in Nigeria. What he and his friends, the "magnificent seven" (G7) founded was a confraternity and not a cult group.

It's only those who don't know the difference between a confraternity and a cult that have been ignorantly accusing Soyinka of forming a cult group.

More than 20 years after he and his friends had left the university in Nigeria,misguided youths who joined and didn't know the ideas upon which the confraternity was founded hijacked it and turn it into a cult .This is the truth.

You people should stop blaming the man for actions taken by others who came after him to disorganize a confraternity that was set up in the first place to promote human rights and social justice in the society.

The Op like so many others have been greatly misinformed by the enemies of the erudite Prof to label him what's he is not. It's a shame
PoliticsRe: Minimum Wage: FG, Labour Meeting Adjourned As Workers Rejects ₦‎54,000 Offer by triplechoice(m): 4:13pm On May 26, 2024
MasterTeeUSA:
You still don't understand how this business thing works...Minimum wage goes up, traders increase price of goods...you keep rent the same but you will still need to buy the same thing from those traders...tenants damage the properties...cost of renovation used to be N40k with caution N45k...now the same damages will cost N100k..will tenants pay more caution, no...so you increase price a bit to prepare for situations...it's everywhere all over the world. They don't even announce it here
You're not taking your time to read my replies hence the reason you say I don't understand how minimum wage works.

I have consistently reminded you that the situation in Nigeria is completely different and because of that it's only marginal increase in some goods and services that usually occur. Only few persons receives minimum wage in Nigeria, not enough to result in too much money entering the system.

Is this the first minimum wage is going be increased in Nigeria? Haba

Prices will surely go up . It's normal,and minimum wage is not only thing responsible for that .
Or where you taught in school that minimum wage increase is the only thing responsible for inflation?

Let's forget it. Minimum wage will surely be increased in Nigeria. It's law. So just wait after the increase to see if your hyperinflation speculations will come to pass. Inflation is normal occurrence. It's hyperinflation that's abnormal.

And don't forget that will are already experiencing it.
PoliticsRe: Minimum Wage: FG, Labour Meeting Adjourned As Workers Rejects ₦‎54,000 Offer by triplechoice(m): 5:38pm On May 25, 2024
MasterTeeUSA:
In Nigeria, you get hyperinflation just with dollars going up on commodities that have nothing to do with dollars. You started well by saying Nigeria is an odd situation. While your Stat about the percentage might be right vis a vis the number that will benefit...if you are a Nigerian, you can't tell me that the traders and artisans would keep price of services constant. If you say so, you haven't been living in Nigeria. Even the rents my Tenants pay will go up once minimum wage goes up because materials to repair things will automatically go up in a country where there ain't enforcement or checks and balances...go and listen to what the SDP candidate for President said and come back.
Prices of goods of services will never remain constant anywhere in the world.It will either rise or come down,and minimum wage is not the only thing responsible for that.

And besides, Nigeria situation is completely different. Only about 5 percent will benefit from it, not enough to result in too much money entering the system ,and so , if you choose to increase your house rent, especially when your tenants aren't going to benefit from minimum wage, then I'm afraid you're just being inconsiderate to them ,and acting like a typical Nigerian who derive pleasure from exploiting others around you and don't care at all.

Do you know that some traders in this country have
been arbitrarily increasing the prices of their goods in the market everyday when they don't need to just because, according to them, others are also increasing theirs?

And that's still going as I type this. Some of them have even come together to form market union to fix prices of commodities they sell far above normal with the government not doing anything about it ?
PoliticsRe: Labour Eyes N100,000 Minimum Wage As NEC Meets Monday by triplechoice(m): 2:22pm On May 25, 2024
thesicilian:
I don't believe that's true. I sincerely believe they wanted something more than 200k at least. Even if you want to go high to come down in between, 600k was just too ridiculous for anyone to take them seriously
Anyways I still have a feeling negations will end in the region of 70-80k
Past experiences is the reason they came up with the initial proposal. Some of us have been saying so here on this forum.

BTW labour gave a breakdown of the figure which reflected the current state of the economy as well as the current value of the naira to the dollar.

Your 500k is not as valuable as before. You're still looking at the surface value of the naira to call it unrealistic figure.

The true value of a nation's currency is what it can get you from the market and not the figure attached to it,if not we can say that all citizens of francophone countries around us who buy and sell in millions of their local currency everyday are millionaires. It's only when you convert their currency to like the dollar you get the true picture.

That's it.

At the moment,500k is much more less in value than it was a year ago before the current government came to float the naira to render almost useless.
PoliticsRe: Labour Eyes N100,000 Minimum Wage As NEC Meets Monday by triplechoice(m): 2:02pm On May 25, 2024
casualobserver:
It’s one thing to set minimum wage, it is another to implement it. I read the other day that there is a state in the North that pays N7000 minimum wage years after the N30,000 minimum wage was introduced.
Labour said that only 5 states out of 36 in Nigeria are not paying the correct minimum wage.

We don't you focus on the majority paying it instead of the insignificant number not paying.
Are you looking for an excuse on behalf of government or what?
PoliticsRe: Labour Eyes N100,000 Minimum Wage As NEC Meets Monday by triplechoice(m): 1:40pm On May 25, 2024
Now that labour has given an accurate figure of states not paying minimum wage, just 5 out of 36 states in Nigeria with 2 of them denying it, I hope all those talking of some states not being able to pay the old minimum wage of 30k should shut forever up and come up with a better excuse.
PoliticsRe: Labour Eyes N100,000 Minimum Wage As NEC Meets Monday by triplechoice(m): 1:33pm On May 25, 2024
pharmagba:
Please come of it, Labour were simply not serious earlier and trying to play needless politics with a serious matter.
Even when bargaining it comes with some set principles.
Have your hear the acronymn S-M-A-R-T
Go back to past minimum wage negotiations in Nigeria as see that labour always did the same thing at the beginning.
PoliticsRe: Labour Eyes N100,000 Minimum Wage As NEC Meets Monday by triplechoice(m): 1:30pm On May 25, 2024
thesicilian:
Exactly what I've been saying from the beginning. Now they're being reasonable
It's you who didn't understand what they were trying to achieve with their initial proposal . If they had started with 100k, the government would have just added an additional 10k to the old minimum wage and signed it into law.
PoliticsRe: Minimum Wage: FG, Labour Meeting Adjourned As Workers Rejects ₦‎54,000 Offer by triplechoice(m):
MasterTeeUSA:
Mr. Simple Language...you should stick to the information without making it personal. You crossed that line, and you must be open to whatever response you get. You should read about minimum wages in cities and its effect on prices. It is simple economics. An increase in the supply of money will increase the demand for produce...if supply does not keep up with demand, it will drive up prices. Study Laws of Elasticity of Demand and Supply.

Case study - New York and Washington DC....compare that with the minimum wages of Idaho
Lagos and Abuja ...compare that with the cost of items in the North...I know you will say minimum wage is all the same in Nigeria...focus on the supply of money and its effect on the prices of goods and services.
You have been committing what's called statistical fallacy by using data from another country, America, to assert falsely or forecast inaccurately ,that if minimum wage is increased in Nigeria it will lead to disastrous consequences for the economy that's already depressed and plagued by inflation due to the actions taken by the federal government.

In Nigeria ,the situation is completely different. In fact, it's an abnormal one,no thanks to those who came up with the minimum wage act in this country. They didn't do the proper thing. Labour and other stake holders have been crying for years for an amendment of the law to include more workers .If the right thing was done more workers would have been enjoying minimum wage in Nigeria and your fears of hyperinflation would be justified.

There's a reason why it's said that Nigeria economic challenges defies economics solutions, and I just gave you an example of why it's so. We do things abnormally in this country and that's why we not making much progress. Your president removed subsidy and floated the naira without adequate plans in place beforehand to cushion the effect ,and now, everyone is affected in one way or the other.

Unlike in America and other places in the world where' minimum wage is paid ,it's only about 5 percent here in this country that will receive the minimum wage once it's passed into law .

That's why each time it's reviewed upwards, it's just like a drop in the ocean. The impact on the economy is hardly felt. It doesn't ever result to too much money entering the economy. In South Africa ,for instance,about 60 percent receives minimum wage. . America is much more than 60 percent .Compare those figures to Nigeria ,which is about 5 percent,and ask yourself if you have been making sense.

If you want to make sense,stop using America or any country where minimum wage is enjoyed by significant number of workers to forecast hyperinflation.


You're not wrong to say minimum wage will result to much more money entering the system. But that's only in theory. In real life it's not always the case, especially in abnormal Nigeria.

Focus on Nigeria and explain, using accurate data ,how it will result to hyperinflation and not inflation. Inflation is not a bad thing. It's normal occurrence in everywhere country of the world. Prices of goods and services will continue to rise based on the forces of demand and supply and that's very normal.

Hyperinflation is the only thing we should fear, and there's nothing to suggest that will happen here in Nigeria if minimum wage is increased for less than 5 percent of the working force.

If not for the Internet ,most Nigerians are hardly ever aware when there's an increase in minimum wage due to the number of workers to receive it,or they don't bother since they know it's mostly those in the public sector that benefits the more.

If you reply with your America comparison again, then don't expect any further response from me. It will prove to me you don't take time to read what you're replying to ,but only interested in regurgitating what you read from an economics textbook which you're misapplying.
PoliticsRe: Labour Slashes Proposed New Minimum Wage To N500,000 by triplechoice(m): 10:45pm On May 24, 2024
ogbonti:
you so much believe in ------ IT IS THE LAW ----- please show me where the law is enforced in the states where it is not payed

I am agreeing with you ---- IT IS THE LAW ---- please prove me wrong that your MINIMUM WAGE LAW WORKS!!!! ndi ara
Na wah for you o! Owhe edo.

If Nigerians don't obey the law will it work?

Well ,my point of arguing that minimum wage is law is to prove to you ,contrary to what you believe,that it's not in the hands of private businesses to determine what to pay as minimum wage. It's the Federal government that set minimum wage so that those category of workers are not exploited by their employers. Anything outside minimum wage you free to do what you like.

And the law says, if you have over 25 staff in your payroll , you must pay it to the lowest paid staff in your business. Whether you're making profit or not , you must pay . If you can't, then, it's either you do the work yourself or make sure your staff strength doesn't exceed 25 ,if not, you will sanctioned when caught and also asked to pay some fine.

But trust Nigerians in the private sector to lie about their staff strength so they don't pay.

It's because of the dishonestly in the private sector, where they lie so they avoid paying, together with the other exemptions most
of them enjoy, I say minimum wage is mostly for those in the public sector in Nigeria. It's not for everyone. If people know this here nobody will be singing hyperinflation based on what they read from an economic textbook which doesn't apply to the abnormal situation in Nigeria.

If you want everyone to benefit from minimum wage or you don't like to be forced to pay it when you're not making enough profit in your business then agitated for more inclusion and also tell them what you want instead of calling labour unrealistic. Once a new minimum wage is signed into law by Tinubu there's nothing you can do again to change it until 5 years time.
PoliticsRe: Labour Slashes Proposed New Minimum Wage To N500,000 by triplechoice(m): 10:13pm On May 24, 2024
ogbonti:
Am glad you know there is a problem --- and the big part of it is that it is outrageous - it is utopian --- such minimum wage cant be payed!!!
Which problem again now?

The minimum wage has not been approved yet. What labour is proposing is for negotiation . Don't use that to judge them
This is not the first time minimum wage is being negotiated in this country.
PoliticsRe: Minimum Wage: FG, Labour Meeting Adjourned As Workers Rejects ₦‎54,000 Offer by triplechoice(m):
MasterTeeUSA:
Lol another one...please what is the percentage of people in civil service? Are they not surviving? Do you think you cannot make it in life if you or other civil servants don't work for the Govt? Let the locals get those jobs and yes I am fully Nigerian, and leaving the country has expanded my view beyond our entitlement mentality.
Who tells you I'm a civil servant?

Focus on the topic and not me. You're just a typical Nigerian with the mentality of,

" if it doesn't concern me, then I won't support it"

SMH
PoliticsRe: Labour Slashes Proposed New Minimum Wage To N500,000 by triplechoice(m): 8:51pm On May 24, 2024
ogbonti:
how many of your states in Nigeria could pay the minimum wage of N30K since the law was passed ? ozuor grin una never fi t pay N30k na N600k ona won pay --- dey play in the circus called Nigeria grin


https://www.youtube.com/watch?v=EWLWnxCSrJQ
The governors not paying it are crooks. Federal government has increased their allocation after subsidy removal,yet they still refused to pay. Does that not confirm thar those governors are crooks in government house?


If you want to make sense,use as example the ones paying it .
PoliticsRe: Labour Slashes Proposed New Minimum Wage To N500,000 by triplechoice(m): 8:44pm On May 24, 2024
ogbonti:
grin grin grin grin grin you claim something is A LAW - so close to, a bit above, a bit below, nearly to, quarter to the amount in the law --- IS THAT THE LAW? Igbakuan, uhun no gba be, Ozuor, am asking you? grin grin grin grin grin grin
Are you not a Nigerian?

Governors who have refused to pay minimum wage have been contravening the laws of the land without anyone bold enough to challenge them. The average Nigerian doesn't like obeying the laws of the country. That's the problem and the cause of impunity in government.

Well, if you still don't know minimum wage is law not only in Nigeria but elsewhere in the world, then no need continuing this conversation. You will never make sense with anything you say because you're stubbornly ignorant.

I have asked you repeatedly to Google the minimum wage act of 2019 to know better, but you have refused to do so for a reason only you can tell.

I have better things to do with my time than to waste it arguing back and forth with you.
PoliticsRe: Labour Slashes Proposed New Minimum Wage To N500,000 by triplechoice(m): 8:24pm On May 24, 2024
Vision101:
Minimum wage law all over the world covers all workers whether private or public sector. It's a law that sets the minimum every worker should earn in a particular country. If I work in a company where my driver earns 30k and I earn #500k, if his pay is increased to 500k are you expecting my pay to remain the same?

This is my last reply to you. Stop disturbing me. I'm forced to tell you that you lack proper understanding of what you are talking about.
You're the one not too well informed about what you think you know.

First of all, the 500k being proposed by labour won't happen. So stop using that figure and focus on reality., That' figure is for negotiation purposes. This is what labour do each time they're negotiating with government.

Secondly, you just proved you don't know what's stipulated in the minimum act signed into law by Buhari in March 2019 and because of that you have been arguing from a position of stubborn ignorance and also from what you Googled about other country's minimum wage act which doesn't apply here in Nigeria.


FYI, apart from those in public sector,it's only private businesses with 25 staff and above in their payroll that pays minimum wage in Nigeria. That's what the law says. Go and confirm it. Contract staff, artisans, and some others in the private sector are exempted from receiving minimum wage. And again go confirm and come back and tell me I'm lying. Those in the public sector are the ones who enjoy minimum wage more than any

Just provide data in support of your claim. Don't just say things and expect me to swallow it because you're claiming accountant on a public forum where it's impossible to know if you're telling the truth or not.

If you're yet to know that's it's just about 5 percent of the workers in Nigeria that receives minimum wage under the laws of this county, which is not supposed to be so, then no need replying me. I won't read your nonsense and half truths anyone until you say something you can substantiate.

Just go and Google the minimum wage act to get yourself informed.
PoliticsRe: Minimum Wage: FG, Labour Meeting Adjourned As Workers Rejects ₦‎54,000 Offer by triplechoice(m):
MasterTeeUSA:
Another idiotic comment. Wisdom is not LOCAL. It is important to know best practices before making decisions. I know you don't understand the difference between viewing within the box and analyzing things outside of the box. Your brain that makes sense is stuck in what is not best practice which is why we have low productivity. Learn and Listen...maybe you can add to your knowledge instead of insulting those who wishes to educate you.

I just debunked all your messages and now you go into trying to defend yourself. Look up the number of people that are not paid minimum wages and the number of people that are not paid living wages around the world...then look at minimum wages in line with inflationary trends. Of course you won't, your wisdom will remain localized grin grin grin
Educate yourself first before trying to educate others. And how did you " debunked" my messages? Show me one instance of that if you can.

You can't even prove your point with specific instances either in Nigeria or elsewhere where minimum wage increase for less than 5 percent of a country's population has led to hyperinflation.

Moreover you're yet to realize that the figures given by labour, 500k is for negotiations purposes

The only thing you know and very good at is using swear words and name calling. And you're not even coherent. You struggle to express yourself in simple English language.
PoliticsRe: Labour Slashes Proposed New Minimum Wage To N500,000 by triplechoice(m): 5:37pm On May 24, 2024
Vision101:
Very funny man. You call a chartered accountant ignorant in matters of wages, finance and inflation. Anyway this is public forum. Have you ever heard of consequential adjustment? No further mention please.
Go back to your previous comment and see it wasn't consequential adjustment you talked about You were doubling each level like a layman as if that's how it's done in the civil service. You gave very wild figures. Instead of admitting your mistakes you want to brag.
The civil service wage structure is not the same as those in the private sector in case you don't know , Mr accountant
PoliticsRe: Minimum Wage: FG, Labour Meeting Adjourned As Workers Rejects ₦‎54,000 Offer by triplechoice(m): 1:58pm On May 24, 2024
MasterTeeUSA:
Wrong ...not everyone in America receives minimum wage. Again minimum wage is not even enough to pay for rent ...some states pay more but not all professions pay minimum wage. When yall want to argue position, google is your friend. USE IT.

If there is an inflation based on significant increase in minimum wage, all the prices will increase because of increased demand. You are talking to someone that had As in Economics even in college at Micro and MacroEconomics. When the prices increase due to increase demand, what will happen to those not making minimum wage, they go further into poverty so civil servants can be OK.

Anyways, your NLC and TUC are about to go on another strike...something yall look forward to every year. GOOD LUCK smart a** since I am the ignorant one LOL
I didn't say everyone in America receives it. There's no where in the world where everyone receives minimum wage. I said nearly

Go back to read what I explained .

And why can't you focus on Nigeria? Are we discussing minimum wage in America or Nigeria?

Both countries are not the same and so it's very wrong for you to continue to use what's obtainable in the US to interpret what should be happening in Nigeria. You're not making any sense
PoliticsRe: Labour Slashes Proposed New Minimum Wage To N500,000 by triplechoice(m): 1:55pm On May 24, 2024
Cmanforall:
cheesy grin

Economic experts that are doing wonders to your Nigerian economy

I laugh grin

I don't fear anything.
It's you who will suffer it if things get worse.
I'm above suffering. My life is made already. I'm only here to fight for your own future so your government don't continue to enslave you.
PoliticsRe: Labour Slashes Proposed New Minimum Wage To N500,000 by triplechoice(m): 1:41pm On May 24, 2024
ogbonti:
how many of your states in Nigeria could pay the minimum wage of N30K since the law was passed ? ozuor grin una never fi t pay N30k na N600k ona won pay --- dey play in the circus called Nigeria grin


https://www.youtube.com/watch?v=EWLWnxCSrJQ
I'm not surprised you came up with this half truth. You're not too well informed.

States not paying minimum wage are few and they're paying close to minimum wage . Some pay 27k 28 or 25k .

Some States are even paying more than the minimum wage. Why don't use those ones as example?

"Ara" ozour If you don't still understand that the 600k is just a proposal.

An MBA graduate who doesn't know minimum wage is law in every country. If you're asked to mentioned the states not paying and the ones paying, you won't be able to.
PoliticsRe: Labour Slashes Proposed New Minimum Wage To N500,000 by triplechoice(m): 12:49pm On May 24, 2024
Vision101:
All these your epistle is meaningless. If the least paid worker earns 500k, the middle earners will most likely earn #2m - 5m. A GM will most likely earn #50m. The employers that will pay them will pass them on to the prices of their products and services. Then a packet of the cheapest biscuit will be #1,000. Landlords will increase average rent of a flat from present #600k to #2m.

What will be the worth of your currency and what did you gain by high wages.

Labour is just playing to the gallery to please the public. They know that their figures are unrealistic.
My friend you're ignorant. Minimum wage is for the lowest paid worker. Those at that top only enjoy marginal increase once minimum wage is reviewed upwards. It's not what you think. Go and verify from anyone you know working in the civil service.

Another thing, is that your mind is still stuck in the past and because of that you're not aware of the current value of your naira. It has been devalued after it was floated to the extent it's now almost as worthless as tissue paper. 500k doesn't have the same value like before. It's just about 150k now when you exchange it with the dollar.

And again, minimum is going to be paid to less than 5 percent of the population in Nigeria , and not everyone to cause inflation. If about 60 percent and upwards will receive it ,then you can start talking about inflation.

You're blinded by figures

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