Naira depreciation, inflation erode workers’ N25tn salaries

By -

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


Read More

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

Comments

Post a Comment

Popular posts from this blog

Download Music Mp3:- Benji shoro – Lemons to Lemonade

By -
Image
  “Lemons to Lemonade” – An Album by Benji Shoro. Benji Shoro masterfully delivers a powerful message of resilience, determination, and unwavering strength in this inspiring musical journey. More than just an album, Lemons to Lemonade is a testament to turning adversity into triumph—a tribute to those who refuse to give up on their dreams. Join us on this uplifting ride and share the experience with those who matter most. Intro (Yahweh)  Download My life  Download  My Area  Download  NFL  Download  Ebube  Download  Kondo  Download  Limo  Download  100M  Download
Read more

Trouble looms in ASPMDA over parallel caretaker committees

By -
By Brown Chimezie Traders in the Auto Spare Parts and Machinery Dealers Association (ASPMDA), Lagos International Trade Fair Complex, Lagos-Badagry Express way, have demonstrated against the purported setting up of a parallel caretaker committees for conducting election into the executive of the association. Recall that Lagos State government had given the caretaker committee in the market under the leadership of Sir Sunny Igboanuzue between 60 to 90 days to conduct election. The 90 days would expire by November 6, 2021. However, the leadership of the market has obtained a court order to restrain the new caretaker committee which was allegedly constituted by the Attorney General of Lagos State from conducting any election in the market. The traders bore placards with inscriptions like,“Joe Igbokwe stop deceiving Lagos State government; ASPMDA is peaceful; Lagos State government should respect court order; Attorney General of Lagos State should not politicize ASPMDA; We don’t wan...
Read more