The Ethics of Minimum Wage: A Philosophical Perspective on Nigeria's Wage Struggle

 

For weeks we have witnessed the struggle for an increment in the Nigerian minimum wage. This situation is multifaceted and it touches on economic, social, and political dimensions. A Nigerian philosopher and professor, Sophie Oluwole,  once stated:

"Justice and fairness are the foundation of any society that wishes to thrive. When the basic needs of the people are ignored, the very fabric of society is at risk"'. 

This implies that for Nigeria to thrive, we must seek justice and fairness all round.  Every country must be able to ensure that her citizens can afford basic essentials while promoting justice and fairness. But sadly, Nigeria has faced considerable inflation in recent years, causing the cost of living to rise sharply, such that the average Nigerian struggles to provide 2 meals a day for himself, and family. This has made it increasingly difficult for workers to meet basic needs. Many have become homeless, many have died because of their inability to afford good healthcare, and many have dropped out of schools in a bid to survive.

It is being argued, that an increment in the minimum wage is essential to help workers keep pace with these rising costs, and maintain a decent standard of living. Many think that by raising the minimum wage, the government can help reduce the income inequality gap and improve the living conditions of millions of Nigerians. However, this line of thought hasn’t taken into consideration the cost-push inflation.

Cost-push inflation is a phenomenon which occurs as businesses pass on the burden of increased labor costs onto consumers in the form of higher prices for their products, and services.

While a minimum wage increase seems beneficial for workers, it is a secret invitation to more hardship. Increasing the minimum wage can in fact act as an hindrance to economic growth. It doesn't guarantee that the average standard of living in the country will improve or that inflation will reduce. If anything, cost-push inflation is likely to arise. 

In addition, increasing the minimum wage can cause challenges for businesses, especially small and medium-sized enterprises (SMEs). These businesses might struggle with the increased labour costs, which could lead to layoffs, reduced hiring, or even closures. It is crucial for the government to balance the needs of workers with the potential impact on businesses, possibly by offering support or subsidies to SMEs.

Someone may argue that increasing the minimum wage can act as an economic stimulus, for instance, when workers have more disposable income, they are likely to spend more on goods, and services, which can boost local businesses and stimulate economic growth. This can create a positive cycle of increased demand leading to higher production and potentially more job opportunities. But have you thought of the struggles local businesses and regular businesses will face with dwindling resources and infrastructure? with an inconsequential profit margin and with the need to comply with this new payment scale? What about regular inspections and penalties for non-compliance such businesses may have to deal with? Have you thought about how businesses will retaliate?

Instead of advocating for an increase in the minimum wage, why not champion the cause of equitable compensation for all? We should call for standardized labor compensation, and payment schemes across all three branches of government—the Executive, Legislative, and Judiciary. If our true aim is to achieve a balance between the upper, middle, and lower classes, to bridge the income inequality gap, and to enhance living conditions in the society, these are the demands we must make.

10 THINGS I DISLIKE ABOUT IBADAN

 

Ibadan, the capital of Oyo State, is one of Nigeria's oldest and most historically significant cities. Once the heart of the Yoruba empire, Ibadan boasts a rich cultural heritage, reflected in its vibrant traditions, architecture, and local arts. As the largest city in West Africa by landmass, it has played a crucial role in Nigeria's history, particularly in education and politics. However, like any bustling metropolis, Ibadan faces its own set of challenges—from infrastructure issues to social dynamics—that impact the daily lives of its residents. This post is about my honest perspective on the challenges of living in Ibadan.

1. A lot young people have complained that it is not a place to start your hustle from. It is not a place with enough organizations to offer  job opportunities .

2.Lousy people: as friendly as Ibadan people are they can be very lousy. It is usually said that you will never find an Ibadan based person who can’t talk or can’t always give confronting response that is why petty thieves can even be justified against the owners.

3.Ibadan buses : I hate Ibadan buses terribly , only God knows where this buses emerge from.90%  of this buses are very uncomfortable.

4.There are bad linking roads in Ibadan most of these mini roads which are supposed to serve as substitute to the major roads are bad.

5. Apata hold up,  I don’t know about other areas in Ibadan but Apata- campus- Odo ona route hold up can be very frustrating.

6.As much as there are lots of enlightened  people, there are extremely local people residing in Ibadan, people who have  refused to become enlightened those who see Ibadan as an extension of their village.

7. Ibadan has a lot of dirty areas…. I know it is improving there are cleaners on the roads but still Ibadan has dirty areas,  some even throw refuse on the major road. The city is big , there are lots of residents this fact helps to account for the huge dirt.

8.Their yoruba accents easily gives them away  making them appear crude, especially those so into it.

9. A very prominent area along the the entrance into Ibadan is known to be very very diabolic. Women are married diabolically too such that they never regain consciousness  until they’ve given birth.

10. Means of transportation generally, drivers and conductors are usually dirty and hungry looking , both drivers and conductors use their hands to describe their destinations (crude nature) taxis n cabs don’t rush everywhere, leaving one to the mercy of molues and bikes.  Even Ajumose buses have issues.

        While Ibadan stands as a city rich in history, culture, and potential, it is not without its challenges.          From the limited job opportunities for young professionals to the ongoing infrastructure and social          issues, living in Ibadan can be both rewarding and frustrating. However, the city's vibrant spirit              and deep-rooted traditions offer a unique experience that continues to draw people in. For those              willing to navigate its complexities, Ibadan still holds the promise of growth and a deeper                        connection to Nigeria's cultural essence. As the city evolves, addressing these challenges will be             key to unlocking its full potential and improving the quality of life for its residents.

What to do when caught in a bomb blast

WHAT TO DO WHEN CAUGHT IN A BOMB BLAST

As I write this article with a heavy heart and temporary uncertainty, my concerned and troubled mind wonders when Nigeria will eventually overcome this evil insurgence that has taken over almost completely. I hate to listen to the news everyday because it is usually saddening and heartbreaking. Bad news everywhere, slaughtering, massacre, bloodbaths, kidnapping, bombings and shootings not to talk of the inability of an average Nigerian to afford the basic things of life: food, clothing and shelter. As at now, nearly 300,000 Nigerians have been displaced from their comfort zones in the north eastern part of Nigeria, thousands of people have been forced to their early graves. Their horror filled faces, their struggles, their confusion, their innocence yet they still met their untimely deaths. I have decided to share what I have learnt about bombs, not that I have come to accept the situation in Nigeria as I strongly hope for a change and a restoration.