Naira depreciation, inflation erode workers’ N25tn salaries

The endless depreciation of the naira and the rising inflation have eroded Nigerian workers’ N24.88tn salary received in the first six months of 2022. The salaries of workers in the Nigerian formal sector increased from N21.80tn in the first six months of 2021 to N24.88tn in the corresponding period of 2022. This represents a N3.08tn


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source https://punchng.com/naira-depreciation-inflation-erode-workers-n25tn-salaries/

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