Former Nigerian President Olusegun Obasanjo has criticized the recently approved N70,000 minimum wage, deeming it insufficient to meet workers’ essential living expenses. The announcement follows President Bola Tinubu’s decision to implement this wage increase, aimed at improving workers’ financial conditions. However, Obasanjo argues that the amount falls short of covering basic needs such as transportation, food, and housing for Nigerian workers.
Additionally, he expressed disappointment with labor leaders, accusing them of neglecting the collective welfare of workers in favor of personal interests. This development raises concerns about the adequacy of current labor negotiations and the challenges faced by workers amid economic pressures.
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