Minimum Wage

70k Minimum: Why Nigerians Find it Difficult To Cope

Nigeria’s recent decision to increase the minimum wage from ₦30,000 to ₦70,000 has sparked a mixture of hope and skepticism among workers. While the increment appears significant on paper, the reality is that many Nigerians are struggling to make ends meet even with this new figure. There are several factors that contribute to the difficulties […]

70k Minimum: Why Nigerians Find it Difficult To Cope Read More »

Minimum Wage: The Big Challenge Faced By Private Sectors

The recent proposal to increase Nigeria’s minimum wage to ₦70,000 per month aims to improve the standard of living for workers and alleviate some of the economic hardships they face. While this move is commendable from a social perspective, private sector employers may find it difficult to comply with such a wage increase due to

Minimum Wage: The Big Challenge Faced By Private Sectors Read More »