N70,000 minimum wage fails decent living — Labour

File photo: A market in Ikeja, Lagos.
File photo: A market in Ikeja, Lagos. Photo: / Public domain, via Wikimedia Commons

By Victor Ahiuma-Young & Omotola AremoLAGOS The Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, on Wednesday said the N70,000 national minimum wage was…

By Victor Ahiuma-Young & Omotola AremoLAGOS The Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, on Wednesday said the N70,000 national minimum wage was inadequate to guarantee decent living for Nigerian workers. The union described the wage as grossly insufficient to meet workers’ basic needs, saying it “does not take the…

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