Nigerian Workers Collecting 'Poverty Wage' - Moghalu
File: Kingsley Moghalu

Nigerian workers are collecting “poverty wage,” according to the presidential candidate of the Young Progressives Party (YPP)Kingsley Moghalu.

Moghalu said this in a statement on Wednesday following the federal government’s debacle with Nigerian workers over the new minimum wage.

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The federal government has said it would pay N24,000 with state governments planning to pay N22,500.

This is against the N30,000 requested by the workers under Nigerian labour unions.

Moghalu, however, said that he would work on a new minimum wage once he becomes the country’s president in 2019.

“The current minimum wage of N18,000.00 per month is a poverty wage,” said Moghalu.

“At the prevailing exchange rate in the parallel market, which is the most accessible forex market for most Nigerians, our fellow citizens who receive the current minimum wage are living on $1.67 per day.

“This is tragic, and it indicates one of the things that government must do to reduce extreme poverty in the country. The global benchmark for extreme poverty is living on $1.90, or less, per day.”