The catchphrase ” Corruption ” can not be Isolated and quarantined or Killed in Nigerians if the minimum wages are not increased to #75,000.
The present MW is 18,000/Month *12 =216,000 annually tax excluded.
To rent a room ranges between 5000 to 8000 *12months= 60,000 to 84,000
Wicked agreement & Commission =60,000.
Total Package : 120,000 to 144,000.
Averagely monthly rent is 17,000( Commission included)
PSP Bill 500?
NEPA bill 1500?
Development fees 500?
- Feeding ?
- Offering, tithes , seeds, Fisebilahi, Zakat in Churches and Mosques?
- Schools fees?
- Genset Fueling
- Family affairs and others
Part A, without decrypting further has consumed a month salary with deficit balance , not to talk of adding of Part B cost implications.
Except all the people on the salary scale of 18,000 have other means of livelihood if not we make bold to say to such persons might endemic corruption and looting run beneath their skins if properly investigated.
How can a man leave with 18,000 without other businesses without having underhand dealings?/Honestly, speaking with the present economy situation and cost of living a more humane salary must be structured so as to reduce or kill corruption if government truly have sincerity of purpose.
Although #75,000 would have been the best option but the little 30,000 between worker’s Representatives and government should kindly be considered without further delays to reduce corruptible lifestyle of workers as a result of poor salaries.
Good Salary, Good Purchasing Power.
According to an unverified information stumble upon few months back stated as follows:
LIST OF MINIMUM WAGES BY COUNTRIES OF THE WORLD.
- Nigeria – $38 (N18,000).
- Algeria – $175 (N83,000).
- Belgium – $1,738 (N810,000).
- Cameroon – 36, 270CFA ($75) N38,000.
- Chad – $120 (N60,000).
- Denmark – $1,820 (N900,000).
- Libya – $430 (N190,000).
- Japan – $1000 (N450,000).
- Cote D’ivoire -36,607CFA $72.
- New Zealand -$3,187 (N1.4m).
- Luxemburg – $2,500 (N1.1m).
- Spain – $760. (N300,000).
- Switzerland – $5,620 – N2.5m.
- USA – $11 per hour.
Ironically, Nigeria politicians earn the highest salaries the whole world.
In Luxemburg where minimum wage is $2,500, their lawmakers are paid $7,400. In Libya where minimum wage is $430, lawmakers earn $3000.
In Nigeria where minimum wage is $38 (N18,000), lawmakers earn $65,000 (N29m).
With this development State, federal Govt, state and Federal lawmakers as seen, must say something and do something meaningful before all Nigerians awakes from their long snoring and deep sleep.
In addition to political office holders salary review across board the purported recovered loot and repatriated funds should be channel towards in improving workers welfare package rather than politization.