NewStats: 3,265,515 , 8,187,049 topics. Date: Sunday, 15 June 2025 at 01:20 PM 1e6n1j

gtown:
When has this PDP astute defender becomes an economic analyst? This is one of those preying to castigate the APC in near future should the istration fails to meet up with a reasonable new minimum wage for the workers in the country.
At present the government has not increased the workers salary yet the rate of inflation is skyrocketing every day. So in what way do any one tries to link the economic problems we are facing with the issue of new minimum wage demands? Even the naives know that the incessant increases in the prices of goods and services in the country is the major cause of agitation for salary increment as cost of living is increasing day in day out, with depreciating purchasing power of common Nigerians. And this has always been the case anywhere. It's natural that people asked for wage increment when their purchasing power is eroded by inflation. Thus, most countries set time period for review of wages of their workers . For ours, it's after every five years time.
Saying that there was never feel of inflation in the country in 2000, even though we can hardly forget the global economic meltdown of the year 2000, is typical lie by someone who always wants to project his Otta boss as the best thing that has happened in the country. Let him gather those indomie generation in his compound and tell them that story.
The real people who want to help the government in its effort to tackle our current woes should look for the real causes of the inflation and stop misleading it, saying wage increment will aggravate the inflation.

Abeg school him ooo. As if we are not in the hyper inflation situation with #30k minimum wage niiii? People shouldn’t be displaying their ignorance and hypocrisy here. Tonye falls my hand.

triplechoice:


Share the link. Let me read myself. It appears there's a confusion between wage awards and minimum wage in what you have up there

___________________________________________________________________________________________________________________________________________________
PUNCH Lite
15 states yet to pay N30,000 minimum wage – CSO
19th October 2023
BudgIT

By
Temitayo Jaiyeola
Kindly share this story:


Fifteen Nigerian states have yet to implement the N30,000 minimum wage for their workers since it was signed into law in 2019.

This is as organised labour unions are set to push for a further increase in minimum wage following worsening living conditions in recent times.

According to BudgiT, even though 15 states are yet to implement the minimum wage of N30,000, the 36 states of the federation grew their cumulative personnel cost by 13.44 per cent to N1.75tn in 2022 from N1.54tn in 2021.

Also, these states grew their overhead bills by 23.42 per cent to N1.24tn in 2022.

The Civil Society Organisation disclosed this in its newly released ‘The States of States Report 2023.’ The organisation highlighted that the 36 states of the federation grew their revenue by 28.95 per cent from N5.12tn in 2021 to N6.6tn in 2022.

Commenting on the composition of the revenue, it said, “Put together, the Internally Generated Revenue of the 36 states appreciated by 12.98 per cent from N1.61tn in 2021 to N1.82tn in 2022, denoting a strengthened domestic revenue mobilisation capability. Nonetheless, the IGR to GDP ratio remained very low at 1.01 per cent. The increase in IGR did not reflect across board as 17 states experienced a decline in their IGR from the previous year while 19 states recorded positive growth.

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“Occasioned by a 49.2 per cent increase in global oil prices, growth in federal transfers rose by 35.68 per cent from the previous year to N4.05tn, despite a 12.55 per cent drop in crude oil production,”

States’ reliance on the revenue from the Federal Government grew to 61.45 per cent in 2022 from 58.4 per cent in 2021, BudgiT noted. Despite their revenue struggles, the 36 states spent N8.2tn in 2022, more than the N6.58tn they spent in 2021.

Despite the struggles of these states, organised labour recently issued a two-week deadline to governors to commence negotiations on the N35,000 wage award for workers in their states following the of the Memorandum of Understanding signed by the Federal Government, the Nigeria Labour Congress, and the Trade Union Congress.

State chapters of the NLC and TUC handed down these ultimatums on Tuesday and said they had written to the governors. Recently the Federal Government agreed to pay N35,000 to all federal workers for six months beginning from September.

One of the NLC state chapter chairmen who spoke to The PUNCH, The Kano State NLC Chairman, Kabiru Inuwa, said, “We have written to the government requesting for the payment of the wage award to workers in the state and we are still waiting for the government to respond.”

Other states’ chapters of either the NLC or TUC that confirmed they had written to their governors include Gombe, Rivers, Benue, Ogun, Katsina, Niger, Ondo, Osun, Kwara, Kebbi, Bayelsa, and Delta.

_______________________________________________________________________________________________________________________________________________
The Sun News
March 28th, 2024

So, in a meeting comprising the of the tripartite committee, the organised labour, employers, state and federal government representatives, in Abuja, the chairman of the committee, Alhaji Bukar Goni Aji urged the to work for the progress and development of the country.

Recall that after a long-drawn battle between the Federal Government and the Nigerian Labour Congress (NLC) on a new minimum wage, the then Labour Minister, Dr Chris Ngige announced N30,000 minimum wage at the end of a Federal Executive Council (FEC) meeting presided over by the former Vice President, Professor Yemi Osinbajo. He informed that FEC also approved that payment of N30,000 minimum wage be effected from April 18, 2019.

Unfortunately, over 15 states could not pay the wages due to low revenue.

The states yet to implement the N30,000 minimum wage are: Abia, Bayelsa, Delta, Enugu, Nasarawa, Adamawa, Gombe, Niger, Borno, Sokoto, Anambra, Imo, Benue, Taraba and Zamfara. Also, over 70 per cent of workers in the private sector are yet to receive the N30,000 minimum wage.

press9jatv:
That request is just a starting point of Negotiation.... The Union truly knows that is not possible but a fight to get a reasonable value for the minimum wage.

All subsidies removed and nothing to added to the citizens income.....
That Fg proposed #60k is highly unrealistic and unjustifiable. At least if Fg proposed a wage bill of #150k to #200k, it will have been fine and justifiable. But that #60k is worse of it all. A bag of rice presently isn’t #60k not to talk of bag of beans and wheat in the market. Fg should do the needful by increasing their proposed wage bill further. The strike will be long if they are slowing things.

How do we survive all that....

150k to 200k isn't sustainable as well, maybe an amount from 100k to 150k will be very much ideal and sustainable

MT:


The "general price" cannot be matched by increasing salary, it will move up by default.

Be ready to buy 1000 naira bread for 5000 naira or 10,000 naira.

It is not me, it is what economics says

let it happen, we will see where it will end. As if we not in hyper inflated Tinubu economy niii. Yeyenatu 🤔🤔🤔

Tinubu must have thought governance is just about taxing the people heavily and extorting them through multiple taxation. He failed to see the big picture that is why his govt is failing.
It is not a bad idea for Tinubu to resign because obviously he and his team are overwhelmed.

Omoapena:



150k to 200k isn't sustainable as well, maybe an amount from 100k to 150k will be very much ideal and sustainable

nope I disagree with you here, 150k to 200k is pretty ok and good. At least if Fg ascend to it, a family of 4 will survive the hyper inflated Tinubu economy. Tinubu never reduced his salary and allowances, Tinubu never cut cost. Soon he will submit his proposed supplementary budget to the National Assembly for ascension. Fg should yield to the Labour unions demands.

I WANT TO BE PRESIDENT
DRIVE ME THERE
EMILOKAN

Ambition without a vision has created inflation and economic confusion.

press9jatv:
let it happen, we will see where it will end. As if we not in hyper inflated Tinubu economy niii. Yeyenatu 🤔🤔🤔

You are already "crying" over inflation, it will only end with more tears with no one to console you.

NLC is fighting the wrong battle.

They should have fought for something different.

press9jatv:
That request is just a starting point of Negotiation.... The Union truly knows that is not possible but a fight to get a reasonable value for the minimum wage.

All subsidies removed and nothing to added to the citizens income.....
That Fg proposed #60k is highly unrealistic and unjustifiable. At least if Fg proposed a wage bill of #150k to #200k, it will have been fine and justifiable. But that #60k is worse of it all. A bag of rice presently isn’t #60k not to talk of bag of beans and wheat in the market. Fg should do the needful by increasing their proposed wage bill further. The strike will be long if they are slowing things.

Alright.

MT:


The "general price" cannot be matched by increasing salary, it will move up by default.

Be ready to buy 1000 naira bread for 5000 naira or 10,000 naira.

It is not me, it is what economics says

Price of labor is just one of the prices of things in the economy. You can’t keep price of labor stagnant while prices of every other thing is increasing. Price of labor needs to increase with the general rate of inflation

maestro299:

Don't mind that guy.
You will always know people who are heartless by the rubbish that they emit.

he’s just very heartless with his hypocrisy nii. They keep on defending their oppressors without any input in their lives. I do called them lazy thinkers.

[quote author=TonyeBarcanista post=130283697][/quote] the worst gibberish I have seen on nairaland is this article by tonyebarcanista.
Will u have said this if u are salary earner from the government?
We should never write with selfish interest.
God is my witness I'm not a salary earner but I know the impact of new minimum wage on the salary earners and the multiplier effects on the populace.
With the level of inflation in the country the new minimum wage is long overdue and if nothing is done a huge percentage of Nigerians will live in abject poverty in a couple of years.
The increase in inflation rate as result of the new minimum wage cannot commensurate with the rate of impact such increase will have on the standard of living of the people/ per Capita income.

Ajaero led Labour Congress is an extension of Labour Party.

kingsways:


Price of labor is just one of the prices of things in the economy. You can’t keep price of labor stagnant while prices of every other thing is increasing. Price of labor needs to increase with the general rate of inflation

Will it be a bad idea for NLC to put pressure on the Govt to act right in every areas. To have representatives in the istration and ensures leakages are blocked.

Why is 1000 GBP equiivalent to almost 2 million naira?

Value is stored in money , not the figure.

MT:


You are already "crying" over inflation, it will only end with more tears with no one to console you.

NLC is fighting the wrong battle.

They should have fought for something different.

As if you are not part of hyper inflated Tinubu economy. I guess you are in different planet. As if you are not going to the market the Nigeria workers are going. Keep on living in your hypocrisy. Yeyenatu 🤔🤔🤔

Texs:


Wages and salaries in Nigeria are too low, government must find a way to enable Nigerians to spend more, that increase employment and productivity in the economy.

This is what TonyeBarcanista and Nigerian s fail to understand - purchasing power index. Nigeria is 4th from bottom on purchasing power in the world.
It simply means Nigeria and Nigerians do not have enough purchasing power to stimulate an economy. That's why multinationals are leaving in droves. Somalian and Libyans (countries at war) have more purchasing power than Nigerians. When multinationals want to invest in a country, they look at the purchasing power of its citizens. N60,000 ($42) minimum wage per month is extremely poor.

press9jatv:
As if you are not part of hyper inflated Tinubu economy. I guess you are in different planet. As if you are not going to the market the Nigeria workers are going. Keep on living in your hypocrisy. Yeyenatu 🤔🤔🤔

I am sorry, i am far away from your geographical location as at now but hoping that we will get it right.

MT:


I am sorry, i am far away from your geographical location as at now but hoping that we will get it right.

no wonder your comments is worse if it all. Your oppressors are living large why you that’s defending them with your blood are been given peanuts. It’s workers right to fight for their pay. Increase the damn minimum wage. Tinubu government will only have himself to blame when things get worse in his government. Fg and State government as it stands have the capacity to pay the new minimum wage bill except we are deceiving ourselves here. Paying #60k minimum wage is the worst if it all. It can’t even buy a bag of garri

Jayhome24:


So hiking minimum wage to 460k is your solution or to pressure the govt to stabilise the exchange rate and open the border?...

Our little knowledge in Economics tells us that there is no way the government can stabilise the exchange rate now without a commensurate increase in the national productive capacity and export. Also any unconditional opening of the national borders will only flood the country with cheap and low quality products from other country, therefore destroying our local manufacturers.

However the country is still relatively rich, let the wealth be equitably distributed by considerably jacking up the workers living wages to at least N120,000 to ameliorate their suffering.

press9jatv:
no wonder your comments is worse if it all. Your oppressors are living large why you that’s defending them with your blood are been given peanuts. It’s workers right to fight for their pay. Increase the damn minimum wage. Tinubu government will only have himself to blame when things get worse in his government. Fg and State government as it stands have the capacity to pay the new minimum wage bill except we are deceiving ourselves here. Paying #60k minimum wage is the worst if it all. It can’t even buy a bag of garri

Your knowledge of economics is appaling.

Earn the 60k, you will still cry over hyper inflation.

Instead for NLC to fight against corruption and ensure they put a system in place to track it, you are fighting for increment in salary.

It is a matter of time, you are coming back here to cry

MT:


Will it be a bad idea for NLC to put pressure on the Govt to act right in every areas. To have representatives in the istration and ensures leakages are blocked.

Why is 1000 GBP equiivalent to almost 2 million naira?

Value is stored in money , not the figure.

It is not the job of NLC to do that. They can only insist, and they have the right to insist, on getting a fair wage for their services in line with prevailing economic conditions.

NLC can’t stop Tinubu from removing subsidy for example, it was the job of the voters to stop him at the last election because he informed them ahead that he would remove subsidy

TonyeBarcanista:

Bro, at 60k minimum wage, cost of commodities will increase significantly, workers will be laid off, people will suffer. NLC is misguided

I didn't want to engage you but I really have to...

I hope you know that this very istration have removed subsidy in almost everything...

From fuel to electricity down to tuition fees.

Meaning, the FG is now controlling it's funds and because of this, we have inflation causing high increase on almost everything. This has affected lots of businesses as well....

To balance this up, the government should cut down from it's expenses... Reduce politicians salaries. Increase workers pay.... And balance all salary structure across the country...

You know that the organised labour only want something reasonable from the government.

You need to be reasonable and not the organised labour.

capatainrambo:
The govt have excess money. This was the gave out 800billion for some useless hajj irrelevant to Nigeria. Fleece them of that excess money so they concentrate

the worst gibberish I have seen on nairaland is this article by tonyebarcanista.
Will u have said this if u are salary earner from the government?
We should never write with selfish interest.
God is my witness I'm not a salary earner but I know the impact of new minimum wage on the salary earners and the multiplier effects on the populace.
With the level of inflation in the country the new minimum wage is long overdue and if nothing is done a huge percentage of Nigerians will live in abject poverty in a couple of years.
The increase in inflation rate as result of the new minimum wage cannot commensurate with the rate of impact such increase will have on the standard of living of the people/ per Capita income.

at 4 dollars per day UN poverty limit

that is 6k per day

or 180k per month minimum wage

TonyeBarcanista:

Bro, at 60k minimum wage, cost of commodities will increase significantly, workers will be laid off, people will suffer. NLC is misguided

the worst gibberish I have seen on nairaland is this article by tonyebarcanista.
Will u have said this if u are salary earner from the government?
We should never write with selfish interest.
God is my witness I'm not a salary earner but I know the impact of new minimum wage on the salary earners and the multiplier effects on the populace.
With the level of inflation in the country the new minimum wage is long overdue and if nothing is done a huge percentage of Nigerians will live in abject poverty in a couple of years.
The increase in inflation rate as result of the new minimum wage cannot commensurate with the rate of impact such increase will have on the standard of living of the people/ per Capita income.

Beautifulday:
Wahala! Tinubu returning the economy to what Buhari left it will be his best achievement. If he can not return it to that, then he need increase workers salary to meet up with the daily price change.

Someone asked if them dey import yam that the price should be high?

Make una help me ask am if we dey import electricity because the price of electricity alone has finished the average salary of a Nigerian worker

the worst gibberish I have seen on nairaland is this article by tonyebarcanista.
Will u have said this if u are salary earner from the government?
We should never write with selfish interest.
God is my witness I'm not a salary earner but I know the impact of new minimum wage on the salary earners and the multiplier effects on the populace.
With the level of inflation in the country the new minimum wage is long overdue and if nothing is done a huge percentage of Nigerians will live in abject poverty in a couple of years.
The increase in inflation rate as result of the new minimum wage cannot commensurate with the rate of impact such increase will have on the standard of living of the people/ per Capita income.

One will think that this piece makes sense till you realise the only in it made was the sense in nonsense.
The inflation rate that skyrocketed between the last one year was it a rise in wage that caused it?

If the cause is removal of fuel subsidy then that would mean govt has extra income from not paying subsidy which should be used to increase wages simple.
But in the midst of the hardship lawmakers took procurement of new vehicles including ministers and top govt functionaries,pay of judges whole rigged election tribunals were increased by 600%>
Then enter the workers,they should be the ones with the economic cap on.
If you don't got nothing good to say,don't say nothing

[quote author=TonyeBarcanista post=130283697][/quote]

You are a very evil person.

I'd love to see you argue that of the legislature, the president and the vice president, state governors and their deputies and all other elected officials earn not more that 250,000 naira monthly, all benefits inclusive. Since you are so concerned about inflation, it will help to reduce inflation.

again, your heart is evil

MT:


The "general price" cannot be matched by increasing salary, it will move up by default.

Be ready to buy 1000 naira bread for 5000 naira or 10,000 naira.

It is not me, it is what economics says

I'm afraid your understanding of economics is not good enough.

Economics says that when minimum wage is increased it will help boost the economy.

An increase in the purchasing power of workers due to wage increase will results in the demand for more goods and services which favours local businesses that will pay tax to the government to increase government revenue.

Manufacturers will also increase productivity to meet up with the surge in the demand for what they produce and wouldn't mind to reduce their prices so they can easily and quickly sell of they excess products they're now flooding the market with due to an increase in demand.

Employment will also results from such increase productivity as they will need more hands to work with them.

So it's not what you think. You people are only seeing one thing and blind the benefits of an appreciable increase in minimum wage.

The government"s attention is more focused on stealing what they can before their tenure expires and so don't care to listen how minimum wage can help the economy.

"Make I chop my own Na My turn. No be me go make Nigeria better " That's the mentality of the average Nigerian politician in power.

Modified. When manufacturers produce more it will increase supply to the market, and an increase in supply will definitely results in lower prices in the long run

MT:


Your knowledge of economics is appaling.

Earn the 60k, you will still cry over hyper inflation.

Instead for NLC to fight against corruption and ensure they put a system in place to track it, you are fighting for increment in salary.

It is a matter of time, you are coming back here to cry

you are just displaying your ignorance and hypocrisy here. Even before Tinubu came to power last May, we have been into inflation and recession, it’s Tinubu renewed hope economy that make it worse and drive us into hyper inflated economy. Now he has to borrowed over 20T naira to save his economy. Upon borrowing huge amounts of money, they are still living large and lavishing Nigeria commonwealths into frivolities. Labour unions demands is very important and Fg should ascend the demands before things get worse. This same clueless and heartless government never want progress on Nigeria workers and it’s people. They removed the fuel subsidy without much noise, paying the state governors much still they are angry on the proposed new minimum wage bill by the Nigeria workers, if not because they are heartless in their doings, they should have increased the new minimum wage bill to #200k or #150k. That 60k is highly unrealistic and unjustifiable here. A bag of rice under Tinubu hyper inflated economy is more than the #60k self.

triplechoice:


I'm afraid your understanding of economics is not good enough.

Economics says that when minimum wage is increased it will help boost the economy.

An increase in the purchasing power of workers due to wage increase will results in the demand for more goods and services which favours local businesses that will pay tax to the government to increase government revenue.

Manufacturers will also increase productivity to meet up with the surge in the demand for what they produce and wouldn't mind to reduce their prices so they can easily and quickly sell of they excess products they're now flooding the market with due bto an increase in demand.

Employment will also results from such increase productivity as they will need more hands to work with them.

So it's not what you think. You people are only seeing on thing and blind the benefits of an appreciable increase in minimum wage.

The government is attention is more focused on stealing what they can before their tenure expires and so don't care to listen how minimum wage can help the economy.

"Make I chop my own Na My turn. No be me go make Nigeria better " That's the mentality of the average Nigerian politician in power.

abeg school him well, most of them are novice and illiterate in thinking. They are just bunch of lazy thinkers. Abeg enlightened him well on Nigeria economy and the importance of increasing the new minimum wage.

Mandesz:

the worst gibberish I have seen on nairaland is this article by tonyebarcanista.
Will u have said this if u are salary earner from the government?
We should never write with selfish interest.
God is my witness I'm not a salary earner but I know the impact of new minimum wage on the salary earners and the multiplier effects on the populace.
With the level of inflation in the country the new minimum wage is long overdue and if nothing is done a huge percentage of Nigerians will live in abject poverty in a couple of years.
The increase in inflation rate as result of the new minimum wage cannot commensurate with the rate of impact such increase will have on the standard of living of the people/ per Capita income.

They don't enter market. Some of them don't even leave their house. Nah mama thank you them dey chop.

To step outside now is very risky. People beg with impunity and anger as if they gave you money to keep for them.