30k minimum wage? For thousands of employers of labour that is a huge joke. An unrealistic law.
The reality is most business owners may not be able to pay the amount as minimum wage. A lot of private companies have been on survival mode for years and instead of government providing a better and more conducive environment for business to flourish, the reversed seem to be what is happening.
I , for instance burn an average of four Thousand Naira daily on fuel at my business locations (home not inclusive).
As if that is not bad enough, different officials claiming to be either from the state or local government’s visit us every other week for one tax obligation or the other. Just yesterday, I was told officials from the Lagos state signage agency (LASSA) took away a smalll advert board stationed within my business premises (no warning or discussion). These are the challenges most business owners experience.
I paid 15,000 Naira to the most junior of my staff and even that streches us as a company. So when i read commentaries on social media about how the country’s economy is improving, most SMEs have a different story to tell.
The other day we placed an AD for the position of a sales girl at the supermarket. My manager Ifeoma begged me to see a particular applicant because according to her, he stood out from the bunch. I told her to bring him into the office. He was smartly dressed, well spoken, a graduate, married with a kid. His wife and kid lives in Ibadan he said.
I told him we only needed a sales person whose salary is not above twenty thousand naira but in a couple of months LG News will have openings so he could check back sometime in May . He suddenly went on his knees and begged me to hire him even for 15k. His family was starving and he would do anything. I felt so bad i called a friend of mine who had an opening.
Lagos State workers are relatively safe but other states may not be able to pay. At the end of the day the new law like many similar in nature, will only decorate and beautify the constitution