He works for you 8 hours a day making 40 hours a week amounting to 160 hours a month...and you pay him N10,000
Dude, you are paying the man a ridiculous and wicked 62 naira 50 kobo per hour!
It is either you are selfish, stingy, running your business at a lost or you have not thought of it because this is slavery. There is no other befitting word to describe it
#Eseoghene_Al -Faruq Ohwojeheri
My response
Sometimes too most of these companies do not make as much as N10,000 net profit in a month. That is after deducting, rent, NEPA, transport, phone calls and feeding and other expenses. I think we should concentrate on the reduction of prices of goods. That is slowing down inflation rate. For example, if we equate one naira to the dollar and say that all present cost of goods should be divided by N173 to get at the new price. The worker who takes home N10,000 a month will be able to buy much and save. This was what Soludo was proposing before the cabal kicked him out. There was a time when grade level 04 was N96.00 many of us then who were sch cert were still able to buy Thermocool refrigerators for N35.00 and Tatung black and white 14 inches television for N11.00. It is that cost of living that is eating up the salaries.
1 comment:
@ Kingsley Akhionbare my brother the thing dey tire me. But on a close examination, I discovered that in the economic situation in Nigeria there is just one live wire that ties every thing together and that is the price of petrol, diesel and kerosene. If you recall immediately the price of fuel goes up everyone in the economy will adjust their prices in order to break even. The question is can the state revert back to selling petrol for N11.00 per litre below the cost of production? The answer is No. So to diffuse the impart of the rising cost of petrol the federal and State government must as a matter of urgency provide cheap and alternative mass transportation. The must provide railways just like GEJ is doing right now. They must provide buses to ferry people and goods from the interior.
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