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Nigeria: Workers Struggle As Cost of Living Outstrips Incomes
The Conversation Africa, 1 May 2022
Food inflation in Nigeria increased by 15% during the 11 months from April 2021 to March 2022, adding pressure on the cost of living for salary earners whose incomes have not risen… Read more »
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Nigeria: A Gloomy May Day Awaits Nigerian Workers
The Conversation Africa, 1 May 2022
Imagine you live alone and walk into a local food market in Lagos, the Nigerian commercial capital, to buy a week's worth of basic food items. In less than 15 minutes, you would… Read more »
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Nigeria: Workers Day - Obaseki Announces N40,000 New Minimum Wage
Vanguard, 2 May 2022
Governor Godwin Obaseki of Edo State, yesterday, announced a new minimum wage of N40,000 for state civil servants and called on the Federal Government to declare an emergency on… Read more »
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Nigeria: We're Tackling Issues Facing Workers - Federal Govt
Leadership, 2 May 2022
Vice President Yemi Osinbajo yesterday said that regardless of several challenges facing Nigeria, the current administration has been steadfast in tackling the issues facing… Read more »
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Nigeria: Country Will Have to Dig Deep to Overcome Entrenched Patterns of Poverty
The Conversation Africa, 14 March 2022
India has just recently overtaken Nigeria as the country with the largest number of people living in extreme poverty. Read more »
Making Ends Meet a Struggle For Many Nigerian Workers #MayDay
Food inflation in Nigeria increased by 15% during the 11 months from April 2021 to March 2022, adding pressure on the cost of living for salary earners whose incomes have not risen for close to three years.
The alarming situation is that the U.S.$72 minimum wage is insufficient to meet the value of basic foodstuffs for the healthy living of an adult in a month, let alone an entire family, writes Folasade Bosede Adegboye for The Conversation.
After factoring in rent, transportation, medical expenses, and electricity, among others, the average Nigerian worker can't make ends meet. This has been made worse by the rising cost of living.
The poverty index pegs extreme poverty at those living on less than U.S.$1.90 a day. In Nigeria, the minimum wage currently amounts to about U.S.$1.75 per day, showing how many Nigerian workers are perilously close to extreme poverty.
InFocus
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Nigeria's inflation rate fell for the eighth consecutive month in November to 15.40% from 15.99% recorded a month earlier amid a continuing increase in food prices, ... Read more »
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During the first wave of the pandemic in Nigeria, security forces were mandated to enforce lockdown and stay-at-home orders. Intended as public health measures, these ... Read more »
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Food inflation reached its highest level in 12 years in March 2021 with the average price of food 22.95% more expensive than in 2020. While the rise has slowed in the last six ... Read more »
