Your salary go up.
E still no fit reach month end.
Dem increase the naira for your hand, then dem allow am lose im power for market. See wetin that one do to worker month.
Remember 2015. Minimum wage na ₦18,000. With am you fit buy 207 litres of petrol. Or two bags of rice. Or ten bags of cement to continue to build your house.
Today minimum wage na ₦70,000. E dey buy 44 litres of petrol. One bag of rice and small change. E no reach six bags of cement.
Nobody collect money from your hand. Na from inside the naira dem take am.
For 2015 one month minimum wage buy 207 litres of petrol. Today e dey buy 44.
Wetin your money fit buy?
| Item | ₦18,000 for 2015 | Your salary today |
|---|
Prices: petrol ₦87 (2015) and ₦1,596 (NBS, May 2026); rice ₦8,500 and ₦60,000 for one bag (Lagos market, May 2026); cement ₦1,750 and ₦12,000; pure water ₦10 and ₦50. Dollar rates from the CBN.
Dem allow am fall. Two times.
Naira don lose 85% of im value. First dem allow am slide reach ₦305 for 2016. Then from 2023 e crash go down reach ₦1,690.
If you save ₦100,000 for 2015, e worth $509. The same ₦100,000 today na $75. Your savings no do anything wrong. Na government do am.
₦100,000 wey you save for 2015 worth $509. Today e worth $75. Nobody break enter your house. Your savings still disappear.
From number one for Africa to number three
Nigeria na the biggest economy for Africa when dem enter. Now e don be number three, behind South Africa and Egypt.
Dem promise say economy go grow by 10% every year. E grow by under 2% every year on average, slower pass how people dey born. Two recessions happen.
Ghana, Kenya, Côte d’Ivoire and Bangladesh all poor pass Nigeria, person by person, for 2014. All four don rich pass Nigeria today. Na the same oil prices and the same world dem face. Dem no face this government.
Ghana, Kenya and Bangladesh poor pass Nigeria for 2014. Today all of dem don rich pass us. Same world. Different government.
The factories don comot
For 2023 alone, the Manufacturers Association count 767 factories wey shut down and 335 more wey dey inside wahala. Between 2020 and 2024, Shoprite, Kimberly-Clark, GSK, Procter & Gamble and others sell comot or leave. Every factory wey close na gate where people dey line up before to find work.
Dem promise three million new jobs every year. Unemployment rise from 10.4% for 2015 to 33.3% for 2020. Then dem change how dem dey count am, so that one hour of paid work for one week now mean say you get job.
Dem promise 3 million jobs every year. Unemployment move from 10% to 33%. Then dem change how dem dey count am.
Dem increase salary. Market don run pass am. Naira don tire.
Forward one today
Tap one meme make e open. Press am hold make you save am.
