minimum wage
Latest news and analysis about minimum wage from FoodPrices.ng.
What ₦10,000 of Food Bought in 2020, and What It Buys Today
In 2020 a basket of rice, beans, garri and oil cost ₦5,111 in Lagos, so ₦10,000 bought nearly two of them. That same basket now …
1mo ago
· Micheal Omojola
A 50kg Bag of Rice Now Costs Three Quarters of a Month's Minimum Wage in Lagos
Imported short grain rice averages ₦53,100 for a 50kg bag this week, equal to 75.9% of the ₦70,000 monthly minimum wage. The price is falling, …
2mo ago
· Elijah Omojola
One Paint of Oloyin Beans Costs Between 5% and 8.6% of a Month's Minimum Wage, Depending on Where You Shop
Oloyin beans run from ₦3,500 a paint at Fresh Food Hub Mushin to ₦6,000 at Ajah Market this week. On a ₦70,000 minimum wage, that …
3mo ago
· Elijah Omojola