“It Won’t Take Away Poverty”: New Minimum Wage Contends with Economic Realities for Nigerian Workers

“It Won’t Take Away Poverty”: New Minimum Wage Contends with Economic Realities for Nigerian Workers

“It Won’t Take Away Poverty”: New Minimum Wage Contends with Economic Realities for Nigerian Workers …C0NTINUE READING HERE >>>

The recent approval of N70,000 minimum wage has ignited a spirited debate among citizens and analystsNedu, a public analyst, who spoke with Henzodaily.ng emphasises that the new wage alone cannot shield against poverty without addressing broader economic factorsDespite the wage increase, the prevailing high cost of living and recent economic shifts may limit its overall benefit, he said

A new chapter unfolds in Nigeria with the recent approval of N70,000 minimum wage.

The announcement,…

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