NewStats: 3,259,616 , 8,170,612 topics. Date: Sunday, 25 May 2025 at 05:34 PM 4ja2p

6z3e3g

Minimum Wage: Private Sector Demands Concessions As Labour Awaits Tinubu’s Offer - Politics (3) - Nairaland 412r60

Minimum Wage: Private Sector Demands Concessions As Labour Awaits Tinubu’s Offer (16496 Views)

(4)

Go Down)

Thugnificent(m): 9:24am On Jun 07, 2024
Food security is a serious issue that will affect everybody in this country soon

Please follow my farming journey here 👇

https://nairaland.unblockandhide.com/8087087/farming-journey

And my call for investors here 👇

https://nairaland.unblockandhide.com/8087908/please-how-access-loans-proposed

Shalom cool
Newcastle2023(m): 9:27am On Jun 07, 2024
Labour Unions shouldn't accept any amount less than 150k as minimum wage with the economic realities on ground.

• The FG and the sub-national government should set their priorities right.

• They should cut the cost of governance across board and block all the many loopholes for corruption in the system.

• They should address the issue of multiple taxation on businesses and make the business environment more conducive by addressing the pain points of many business concerns.

• The FG should look seriously at the possibility of adjusting the national revenue sharing formula in favour of the Sub-national government.

• 150k should be the irreducible minimum wage going by the economic realities on ground for any right thinking government.

Labour Unions, if it would take another indefinite strike at the end of the 5 day window you gave the government, it's in order. 150k should remain the irreducible minimum from your team.

1 Like

Jostoman: 9:34am On Jun 07, 2024
jacobnel:

Are you sure Obaseki is paying workers very well, because I heard that Edo State civil Service is paying workers below 30k.

may be you heard it on TVC the propaganda TV of APC.
critic007(m): 9:35am On Jun 07, 2024
geunik:

Most sales girls work in one man business which is not affected by minimum wage laws


A lot is wrong with our Labour laws in this country. So because it's a one Man s business, they are not entitled to a decent wage or how are the government workers better off than the private employees, or are there separate markets for the government workers and another for the private workers? Are we notnoke Nigerian anymore? Because the effect of this wage increase will definitely affect negatively the poor due to the increase in goods.

What I expect from NLC is to put pressure on the government on economic reforms, that way, our currency will have value and every Nigerian will benefit. It is not the quantity of money you have in your pocket, but what value of that money in the marjet today. Nigerian workers are not only government workers and the organized private sector wokers which constitute a little percentage of the total work force of the country.
kmaster007: 9:42am On Jun 07, 2024
Wat of those working at factories how will dey pay dem... Bcoz all does idiot managing are all fools. Dey won't even pay that minimum wage to deir workers.
Love800(m): 9:42am On Jun 07, 2024
What kind of business you operate?
oshiokpu:
This is another point to consider.
Right now I can’t afford to pay more than 60k to my staffs oh!
seunmsg(m): 9:42am On Jun 07, 2024
EponObi:
It's now confirmed the FG planted that #105k minimum wage story yesterday. Like I said, they wanted to gauge public reactions. The Nigeria Governors Forum has reacted. Now the private sector is reacting.

The NGF - #70k
Private Sector - #60k

The FG will set the minimum wage at #75k or #80k.


Not a bad idea.

2 Likes

Love800(m): 9:44am On Jun 07, 2024
How?
Tajbol4splend:
A lot of people don't even understand the economic consequences of high minimum wage.

Companies will retrench

Prices will go up

Nobody will be able to afford anything

The rich will be richer and the poor will be poorer

1 Like 1 Share

NewHe: 9:45am On Jun 07, 2024
Tinubu offer? See were we have taken governance to in Nigeria! Individualism.
FireUpNow(m): 9:46am On Jun 07, 2024
All men staying at alert!
Blitzking: 9:47am On Jun 07, 2024
If govt approve 105k ppl go dey rush govt work
Love800(m): 9:50am On Jun 07, 2024
How is it not affected? Is one man business not a private venture?
geunik:

Most sales girls work in one man business which is not affected by minimum wage laws
Love800(m): 10:00am On Jun 07, 2024
What do you mean by economic reforms?
critic007:



A lot is wrong with our Labour laws in this country. So because it's a one Man s business, they are not entitled to a decent wage or how are the government workers better off than the private employees, or are there separate markets for the government workers and another for the private workers? Are we notnoke Nigerian anymore? Because the effect of this wage increase will definitely affect negatively the poor due to the increase in goods.

What I expect from NLC is to put pressure on the government on economic reforms, that way, our currency will have value and every Nigerian will benefit. It is not the quantity of money you have in your pocket, but what value of that money in the marjet today. Nigerian workers are not only government workers and the organized private sector wokers which constitute a little percentage of the total work force of the country.
firearcher: 10:26am On Jun 07, 2024
DaddyCoool:


Then reduce staff or shut down. It is inhuman to be paying someone 60K a month with the kind of prices we have today.

Also consider this below. Minimunm wage in US is $30K a year and a Senator's pay is $174K.
While a Senator's package in Nigeria is 37.5M while minimum wage is (let's even say) 100K!!

You think an amount like 60k will not make a world of difference to some people who have no job and no alternative.
If it is easy to create businesses, jobs and pay people salary, most people will own a business
DaddyCoool(f): 10:47am On Jun 07, 2024
firearcher:


You think an amount like 60k will not make a world of difference to some people who have no job and no alternative.
If it is easy to create businesses, jobs and pay people salary, most people will own a business

So will an amount like 5K or 10K. So let's make those the minimum wage??
Point is, there is a threshold of an amount you pay an adult to work full time. The argument sholud never be because a ridiculously low amount makes a difference to them!
firearcher: 10:53am On Jun 07, 2024
DaddyCoool:


So will an amount like 5K or 10K. So let's make those the minimum wage??
Point is, there is a threshold of an amount you pay an adult to work full time. The argument sholud never be because a ridiculously low amount makes a difference to them!

You responded to a 60k offer without any nuance and that is what I responded to.
DaddyCoool(f): 10:58am On Jun 07, 2024
firearcher:


You responded to a 60k offer without any nuance and that is what I responded to.

Not true. I pointed out the ratio of min wage in US vs a US Senator's wages compared with same ratio in Nigeria
AmiableMosquito: 11:07am On Jun 07, 2024
nayi:
That is to say that average sales girl will be paid above 60k. Please how will that work for small scale enterprises

Get a SUPER Professional Company Logo, Letterhead Or Business Card for your Business for 2k Only

PAY AFTER SERVICE

Drop us Your Company name for your Logo
https:///X4yowEuka6ZMB7AU8
How may times will you be told that business with less than 15 employees are exempted from the minimum wage Act? If you have more than 15 employees, you are no longer operating a small scale business
KingGame: 11:13am On Jun 07, 2024
Thank you for the insightful article on casino strategies and slot machines! Your tips were incredibly helpful. For more information, visit KingGame. I particularly appreciated your advice on slot machine techniques. For additional resources, check out Gold99 and PGasia. For further insights, visit KINGGAME. Keep up the excellent work!
DaddyCoool(f): 11:51am On Jun 07, 2024
KingGame:
Thank you for the insightful article on casino strategies and slot machines! Your tips were incredibly helpful. For more information, visit KingGame. I particularly appreciated your advice on slot machine techniques. For additional resources, check out Gold99 and PGasia. For further insights, visit KINGGAME. Keep up the excellent work!

Who are you talking to?
And what has this to do with the thread??
geunik(m): 12:29pm On Jun 07, 2024
Love800:
How is it not affected? Is one man business not a private venture?
Go and read our laws. You expect a POS business to pay 100k and above to their sales girl and the owner go home with nothing
DMerciful(m): 1:17pm On Jun 07, 2024
You guys are tribalistically or religiously invested in politics and that why you show extreme ignorance.

Throughout Buhari, we warned you guys but you called us wailers. How did Buhari govt end up?

You've started exactly same thing with Tinubu.
You guys never learn, you think this is Arsenal vs Chelsea.
Jonjam269:

This is beyond your comprehension capacity. Please kindly stick to your wailing career.
Love800(m): 1:37pm On Jun 07, 2024
Okay.
But what business venture is POS characterized under. What kind of private organization?
geunik:

Go and read our laws. You expect a POS business to pay 100k and above to their sales girl and the owner go home with nothing
dragunov: 2:28pm On Jun 07, 2024
seunmsg:


Not a bad idea.

Hmmm. Kadoso Mutairu aka seunmsg! Obe ti fe so.✈️
geunik(m): 2:53pm On Jun 07, 2024
Love800:
Okay.
But what business venture is POS characterized under. What kind of private organization?
I can't the term but maybe small scale.
Small, medium and large scale was the classification with staff strength below 20 consider as small scale that won't fall under many labour laws and are excluded from many taxes.
In some other cases, business doing less than 20 million naira per year and some other methods of classification that I can't
Love800(m): 2:55pm On Jun 07, 2024
Okay.

Nice.
Thankz alot.
geunik:

I can't the term but maybe small scale.
Small, medium and large scale was the classification with staff strength below 20 consider as small scale that won't fall under many labour laws and are excluded from many taxes.
In some other cases, business doing less than 20 million naira per year and some other methods of classification that I can't
bixton(m): 3:36pm On Jun 07, 2024
geunik:

Go and read our laws. You expect a POS business to pay 100k and above to their sales girl and the owner go home with nothing

The minimum wage is just a basic standard amount any business owner or employer uses as a scale to fix salaries for employees.

Yes, a POS attendant can be paid such amount if the revenue generated through that business wherever it's situated meets up. I'm sure even the attendant knows how much revenue is coming into the business through her services.

This is the reason why in certain private business the employees can request for an increase in their wages if they can actually know the revenue generated and they know their production output.

The owner of a company can't be travelling with private plane and sending his family on vacation and still expect his employees to remain receiving peanuts. Sometimes what makes people in certain establishment is not because of peanuts paid them but because the owners gives certain goodwill packages in different forms.
geunik(m): 6:56pm On Jun 07, 2024
bixton:


The minimum wage is just a basic standard amount any business owner or employer uses as a scale to fix salaries for employees.

Yes, a POS attendant can be paid such amount if the revenue generated through that business wherever it's situated meets up. I'm sure even the attendant knows how much revenue is coming into the business through her services.

This is the reason why in certain private business the employees can request for an increase in their wages if they can actually know the revenue generated and they know their production output.

The owner of a company can't be travelling with private plane and sending his family on vacation and still expect his employees to remain receiving peanuts. Sometimes what makes people in certain establishment is not because of peanuts paid them but because the owners gives certain goodwill packages in different forms.
Most POS operators make less than 150k per month. I only use that as an example. If course small scale business doing well can pay more than that and staffs can always ask for wage increase to match their output. That won't stop classification of business into categories for the law to take effect

1 Like

Vision101(m): 1:17am On Jun 08, 2024
nayi:
That is to say that average sales girl will be paid above 60k. Please how will that work for small scale enterprises
Were they paying minimum wage of #30k before now?

Reply)

Christain Governor Aspirant Donates 200 Bags Of Cement For Mosque Project

(Go Up)

Sections: How To . 46
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland.