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N62,000 will not do anything for a Nigerian worker today. FG's claim that N62,000 represents a 100% increase from the last minimum wage is disingenuous because the value of N30,000 in 2019 is higher than the value of N62,000 proposed today. However
Labour needs to understand the realities we live in now, N494k or N250k will not fly in this economy.
Chukwuma Ezediaro, Lawyer and Public Affairs Analyst
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