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What is the minimum wage?
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Dive into the complex world of fair wage determination in Nigeria in our latest video. Explore the intertwined political, economic, and social factors that shape the ongoing minimum wage debate. From its inception in 1979, the national minimum wage has been a topic of contention, reflecting the country’s economic shifts and the struggles of its workers.
We dissect how Structural Adjustment Programs (SAPs) and fluctuations in the Naira have eroded the purchasing power of wages over the years. Witness the real-life implications for millions of Nigerian workers and their families, and understand why the demand for a living wage is crucial across both urban and rural areas.
Furthermore, we analyze the potential impacts of wage increases on inflation, employment in SMEs, and public finances, providing a rounded view of the challenges and opportunities that lie ahead.
If you found this video insightful, please like and share it to spread awareness! #FairWageNigeria #EconomicGrowth #livingwage
We dissect how Structural Adjustment Programs (SAPs) and fluctuations in the Naira have eroded the purchasing power of wages over the years. Witness the real-life implications for millions of Nigerian workers and their families, and understand why the demand for a living wage is crucial across both urban and rural areas.
Furthermore, we analyze the potential impacts of wage increases on inflation, employment in SMEs, and public finances, providing a rounded view of the challenges and opportunities that lie ahead.
If you found this video insightful, please like and share it to spread awareness! #FairWageNigeria #EconomicGrowth #livingwage