Cost Of Rice Now Equals Minimum Wage – Atiku Laments
1 week ago Dammylink 0
Former Vice President and People’s Democratic Party(PDP) presidential candidate in the last general election Atiku Abubakar, has lamented what he observed as the persistent and frightening economic decimation of the Nigerian working class in the face of rising inflation and declining living standards.
According to him, the price of a bag of rice has almost equalled the nation’s minimum wage.
In a message of solidarity with the Nigerian workers on the 2021 May Day issued by Paul Ibe, his media adviser, on Friday, Atiku expressed worries about the conditions of the Nigerian workers “in our ever hostile economic environment, a situation that makes saving and survival almost impossible.”
According to him, “even what we call basic food items are unaffordable and we are in a situation where the price of a bag of rice is nearly at par with the value of our minimum wage.”
The former Vice President added that the “increase in the national minimum wage has been matched or neutralised by astronomical inflation that is accelerating at a breathtaking rate almost daily.
Even the locally produced foods are prohibitively expensive.”