Monthly minimum wage: ~$82 is that too much to ask? - page 3.

CryptopreneurBrainboss

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Quote from: Serena_M on January 08, 2019, 08:14:22 AM

I think you cannot compare two totally different countries and their wages as the living costs nowhere near similar in this two and therefore cannot be compared.

I compared Nigeria with South Africa, America was mentioned there because that's the county other Africa countries wish to be like. In 2017 Nigeria was the biggest economy in Africa and their minimum wage was still lesser than South Africa that came 2nd. Also many Africa countries are paying their works higher than what Nigeria pays her workers.

Quote from: Serena_M on January 08, 2019, 08:14:22 AM

Back to Nigeria though - what do you mean by "shut down the economy"?

Nigeria Labour Congress overseas the running of all four organisation that runs the economy of the county which means if they go on strike every other section will follow to understand how Nigeria Labour Congress works read her wikipedia page

Serena_M

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I agree with you that this is a sad situation. However, I think you cannot compare two totally different countries and their wages as the living costs nowhere near similar in this two and therefore cannot be compared. A lot of countries have been struggling with a low minimum wage. If we go further from Africa (as I do not know about it that much myself) and would say focus on some European countries that used to be part of Soviet Union like the Baltic countries and since joining the eurozone they have had many struggles. Cost of living has gone up, but wages not accordingly. And it takes time for things to even out and to be fair and comparing themselves with other Western European countries won't do them any good.

Back to Nigeria though - what do you mean by "shut down the economy"?

CryptopreneurBrainboss

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The Nigeria Labour Congress are requesting for an increase in the minimum wage of her workers from N18,000 dollar equivalent = ~$49 to N30,000 =~$82. There's a law that states that every 5years a new minimum wage should be implemented but for the past (almost) decade no new minimum wage have been set.
Why am I writing this?, Today there's said to be a planned mass protest and if their agreement isn't met, the NLC will embark on a nationwide strike and this will lead to the shut down of the economy of the nation not forgetting that we have our election coming up February.

Nigeria was one (don't know if we still are) of Africans richest nation with a GDP of over $376.4 billion +/- but can't pay her workers a minimum wage of $82 monthly. An average American if he/she works 3hour daily in one month considering he/she works 25days earns a minimum of $525 i.e $7 per hour, An average South African earns minimum of $277 monthly can someone tell me where we got it all wrong? Why is our governments finding it difficult to pay her workers a minimum wage of ~$82 monthly when the average governors earns a minimum of $50,000 not including his monthly allowances.

Topic: Monthly minimum wage: ~$82 is that too much to ask? - page 3. (Read 893 times)