₦airaland Forum

eddie7:
FYI
Minimum wage is expected to be reviewed every 5yrs, that's the law but it is not a must that it must be upwards
Review can be downwards depending on the prevalent economic and other factors and variables

Then you don't know what minimum wage is.

IAmHim1:
There's an alternative to minimum wage increase that won't dip Nigeria further in her economic mess.
https://www.nairaland.com/8106888/nigerias-govt-alternative-minimum-wage

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:
Are you sure? Is this an assumption on your part or it forms part of the negotiations?

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

ForValour:
It will cut across. For example if a junior staff was earning 30k and his senior 60k, when MW goes to 80k then the senior staff will receive around 130k.

It's not up to that The next will only get 23% consequential adjustment in their salaries.

bluefilm:
Inflation will hurt you more

You should be more concerned with price stabilisation rather than salary increment because any salary increment under this mad inflation is what we call onyinye ekwensu in ìgbo language

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:
At least 100k.

Now, the other question that plays around my mind is this - will it signify only an increase for those at 30k? i.e: all those already above the new minimum wage remain on their salaries without any increase.

Those at the top will enjoy consequential adjustment to their salaries

"Hail Thee"
Old English expression.

Backward thinking senators.

dapsoneh:
So, if it was part of the tradition, why did you not allow the tradition take its course? Why drag her away? U should allow her have her day since it's part of ur tradition na

They won't allow such thing because everyone understands the tradition. They were all having fun pretending it was real .

Juvechelsea96:
https://dailypost.ng/2024/03/24/economic-hardship-31-states-owe-cbn-n330bn-salary-bailout-funds/

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:
Good point made but have we sat down to look at what we export and the gains that accrue? Have we asked if we can explore other resources for financial gain that will transmit to better livelihood for the citizenry?
I wish to say I am indifferent to this government as a matter of fact after Obasanjo's administration every other seemed to have been subpar in almost everything.

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:
You are being informed that more than 20 states owe their ability to pay the olf minimum wage to the bailouts they received and they have not cleared their debts till date yet you say I am not current.
Can you share your ideal minimum wage on tbe basis of the indices I mentioned? That will show that your intention is not to derail the thread because I am not in governance. Just share your idea of your ideal minimum wage and how it can be sustained without borrowing.

In another development: https://dailypost.ng/2024/03/24/economic-hardship-31-states-owe-cbn-n330bn-salary-bailout-funds/

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:
My interest is not on people agreeing or disagreeing with me which seems to be your interest. My interest is on getting peoples constructive opinion on the sustenability of their ideal minimum wage without a state government repeatedly borrowing to achieve same.

Read this: https://nairametrics.com/2024/03/21/cbn-interventions-31-state-govs-borrow-n457-17-billion-to-pay-salaries/ Afterwards, share your ideal minimum wage and break it down noting that it would be the lowest pay for the lowest cadre of civil service.

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:
You need to know that paying minimum wage should not involve borrowing from an extraneous source to pay as it only generates an endless cycle of debts.

When you have time read the below: https://nairametrics.com/2024/03/21/cbn-interventions-31-state-govs-borrow-n457-17-billion-to-pay-salaries/

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

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.

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.

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 .

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.

AcadaWriter:
N70-N80k should be okay for now

Give reasons

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.

helinues:
N70-N80k should be okay for now

What's your reason?

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.

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?

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

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.

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

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.

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 ?

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.

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?

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.

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.