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businesspost - 17 days ago

The Nigerian Worker and the Wait for a Fair National Minimum Wage

By Kenechukwu Aguolu The Nigerian workforce eagerly awaits an increase in the national minimum wage, as they struggle to cope with the country s economic challenges. The federal government has taken a step in the right direction by approving a salary increase for civil servants while promising that a new minimum wage will soon follow. However, the current minimum wage of N30,000 falls significantly short of meeting basic needs and has plunged many workers into a life of absolute poverty. To put this into perspective, the World Bank sets the poverty threshold at individuals living below $1.9 per day. With a


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