How To Improve The Minimum Wage by Metamorphosis International
Op-ed | The Nigerian Economy: Minimum wage brouhaha or Something More? Nigeria, Africa's most populous nation, is grappling with significant economic challenges. And while the government has implemented various initiatives, critics argue that a lack of clear direction and decisive action has hampered progress. The flailing efforts of the dream team are not yielding desired results at all. There is significant inflation struggling to get under control. Food, fuel and related items are flying out of reach of the ordinary man. And with this is the abandonment of fellow feeling for their neighbour, as the "all men for themselves" mentality kicks in. One of the major criticisms is the overdependence on oil revenue. The collapse in oil prices in recent years exposed the vulnerability of the Nigerian economy. Diversification into other sectors, like agriculture and manufacturing, has been slow. Centralisation of the financing of the country appears to be another huge obstacle....