ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, September 19, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

The Dilemma Of Rising Costs Vs Minimum Wage

by Royal Ibeh
3 years ago
in Feature, News
Minimum Wage
Share on WhatsAppShare on FacebookShare on XTelegram

The non-stop hike in the prices of goods and services, is making life more difficult for public sector workers, says the president, National Association of Academic Technologists (NAAT), Mr. Ibeji Nwokoma, even as he called on the federal government to increase the minimum wage.

Advertisement

The National Bureau of Statistics (NBS) July report revealed that the prices of food items like white beans, tomatoes, beef, groundnut oil and local rice etc increased in July, 2022. For instance, the average price of 1kg of white beans rose by 23.22 per cent from N444.21 in July 2021 to N547.38 in July 2022. “On a month-on-month basis, the price increased by 2.09 per cent from N536.17 in June 2022 to N547.38 in July 2022,’’ it added.

The report also stated that average price of a bottle of groundnut oil stood at N1,078.17 in July 2022, showing an increase of 40.24 per cent from N768.81 in July 2021.

On services like transportation, the price of air tickets which was agreed by stakeholders in the sector in the first quarter of the year at N50,000 has continued to rise on a daily basis. For instance, between the first and second quarter of 2022, the price of airfares has risen by 38 percent to N80,000 for one way journey.

Civil servants in Nigeria can no longer cope with the continuous increase in the prices of goods and services, considering the fact that the minimum wage is nothing to write home about, Nwokoma tells me.

Related News

Reserved Seats Bill Pursuit For Inclusive Governance, Not Tokenism — Kalu

23 minutes ago

Tinubu Arrives Kaduna For Ex-Governor Yari Son’s Wedding

28 minutes ago

As efforts by the Nigeria Labour Congress (NLC) to draw the attention of the federal government to the plights of Nigerians, Nwokoma revealed that the congress has written to the federal government to increase the minimum wage, because the wage is no longer feasible.

NLC has also written to government to stop leakages which is the major issue that has marred the economy.

“There are so many leakages in government. For instance, there is no bulletproof way of ensuring that whatever that was collected by government agencies at the collection point, are remitted to the government. Also, there is no exact amount of fuel subsidy that is being paid, because we do not know the exact amount of fuel that is being consumed by Nigerians on a daily basis, hence the reason why there is a lot of fraud going on in that sector. Government may be paying for fuel that Nigerians are not even consuming. If government can close these gaps, there is hope that the economy will bounce back,” he explained.

NLC is also doing leadership retreat for all affiliates, like NAAT to sensitise them on their roles, NAAT president stated, adding that, “When we talk about government, we are the government, so we need to educate Nigerians on their role in revamping the economy. We need to raise the consciousness of Nigerians on the need for them to be more productive, so as to grow the economy.”

Join Our WhatsApp Channel

SendShare10172Tweet6358Share

Other News Updates

News

Reserved Seats Bill Pursuit For Inclusive Governance, Not Tokenism — Kalu

2025/09/19
News

Tinubu Arrives Kaduna For Ex-Governor Yari Son’s Wedding

2025/09/19
News

Abuja Waste Contractors Threaten Strike Over 9 Months Unpaid Wages

2025/09/19
News

Edo Demolishes 4 Houses Linked To Suspected Cultists

2025/09/19
News

NDLEA Loses Cross River Commander 1 Month After Deployment

2025/09/19
News

Cattle Markets Shut In 7 Kwara LGAs

2025/09/19
Leadership Conference advertisement

LATEST

Reserved Seats Bill Pursuit For Inclusive Governance, Not Tokenism — Kalu

Tinubu Arrives Kaduna For Ex-Governor Yari Son’s Wedding

Abuja Waste Contractors Threaten Strike Over 9 Months Unpaid Wages

Fubara May Address Rivers People Friday

2025 WAC: Nathaniel Sets New Nigerian Record At Tokyo

Edo Demolishes 4 Houses Linked To Suspected Cultists

NDLEA Loses Cross River Commander 1 Month After Deployment

Cattle Markets Shut In 7 Kwara LGAs

Sokoto Suspends 6 Principals Over Insubordination, Illegal Fees

Police Arrest 4 Kidnap Suspects, Recover 5 Stolen Vehicles In Ebonyi

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.