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Federal Govt and Governors differ on payment of New Minimum Wage to Workers

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Manage episode 231867510 series 2321421
Content provided by FemiDlive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FemiDlive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As the Nigerian workers plan to celebrate the workers on May 1st considerable enthusiasm of a minimum wage set by President Buhari at N 30,000; The Nigerian Governors Forum (NGF) is disputing its ability to meet up with the new payment quota for workers within their State. In a statement released on its website, the NGF claimed that the new minimum wage placed some governors with minimal generating income capacity in an awkward position with its workers. Some Governors portends they are able to pay the N30,000 wage others claimed they struggled intensely with N 18,000 outgoing wage mark to which they owned workers salary for many months. Will the future of the Nigeria worker hang in the balance as market forces have increased pricing of goods based on the expectation that an increased source of income awaits the workers and will Nigeria have a face off with inflation rise as some spending may trigger, hikes in the economy landscape?

--- Support this podcast: https://podcasters.spotify.com/pod/show/femidlive/support
  continue reading

43 episodes

Artwork
iconShare
 
Manage episode 231867510 series 2321421
Content provided by FemiDlive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FemiDlive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As the Nigerian workers plan to celebrate the workers on May 1st considerable enthusiasm of a minimum wage set by President Buhari at N 30,000; The Nigerian Governors Forum (NGF) is disputing its ability to meet up with the new payment quota for workers within their State. In a statement released on its website, the NGF claimed that the new minimum wage placed some governors with minimal generating income capacity in an awkward position with its workers. Some Governors portends they are able to pay the N30,000 wage others claimed they struggled intensely with N 18,000 outgoing wage mark to which they owned workers salary for many months. Will the future of the Nigeria worker hang in the balance as market forces have increased pricing of goods based on the expectation that an increased source of income awaits the workers and will Nigeria have a face off with inflation rise as some spending may trigger, hikes in the economy landscape?

--- Support this podcast: https://podcasters.spotify.com/pod/show/femidlive/support
  continue reading

43 episodes

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