The dialogue on the minimum wage must therefore be both pragmatic and inclusive to minimise unexpected consequences.
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The debate is whether Nigerian workers may get the government to pay them what can serve beyond the minimum as a living wage. The unions currentlylater capped it at N62,000 It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.
After surviving the COVID-19 pandemic, many of these small firms have been limping to survive. Their situation worsened with the rising cost of doing business due to the removal of subsidies from fuel and electricity, alongside a volatile exchange rate regime. Nigeria’s apex bank, further accelerating inflation in the country.
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