
50% Of Nigerian Minimum Wage Earners Spend All Income On Food – SBM Intelligence
A report by a think thank, SBM Intelligence has shown that about 50% of minimum wage earners in Nigeria spend all their earnings on food.This is even as the report raised the alarm about what it tagged targeted attacks on Nigerian states that produce food for the country.Nigerian cultural tours
The report lamented that climate change has led to increased food insecurity in the country, hereby encouraging malnutrition.
"The combined impact of climate change and insecurity leads to heightened food insecurity, particularly among vulnerable populations."
"A nutritionist in Kano State observed, "We're seeing a surge in child malnutrition. Many families eat just once a day."
"The severe food production and supply chain disruptions directly contribute to increased malnutrition rates. The global reports indicate that the spread of conflict, alongside climate and economic stressors, is a primary driver pushing millions towards acute food insecurity."
The SBM report also alleged that there was a deliberate targeting of Middle Belt states, which are the country’s food baskets.
"The deliberate targeting and systematic destruction of agricultural assets and land appropriation in Nigeria's Middle Belt, the country's primary "food basket," creates a direct and severe feedback loop that extends far beyond regional food shortages."Nigerian cultural tours
"This strategy not only cripples local crop production but also drives national food price inflation, exacerbates widespread food insecurity, and ultimately undermines the country's economic stability. This highlights agriculture as a strategic vulnerability in the ongoing conflict," it was noted.
The report further noted that food affordability has become a major problem in the country.
"Food Price Inflation and Affordability: Nigeria's food security situation is increasingly precarious, with demand consistently outstripping supply."
"Food inflation has become a significant concern, with the rate surging to 35.41% in January 2024."
"This acute food insecurity is projected to increase in magnitude and severity. The human cost is evident in the alarming statistics: food-insecure Nigerians rose significantly from 66.2 million in the first quarter of 2023 to 100 million in the first quarter of 2024."
"The plummeting agricultural output in the Middle Belt, Nigeria's traditional "food basket," directly exacerbates this inflation. The global context also plays a role, with the spread of conflict, climate, and economic stressors pushing millions worldwide to the brink of acute food insecurity," the report read.Nigerian cultural tours
Previously, the President of the Nigerian Labour Congress (NLC), Joe Ajaero, lamented the impact of inflation on the ₦70,000 minimum wage approved by the Bola Tinubu-led government.
He had shared his thoughts while speaking at the quadrennial delegates’ conference of the Trade Union Congress (TUC) in Abuja.Nigerian cultural tours
While addressing attendees, Ajaero had stated that electricity tariffs and taxes far exceed the approved minimum wage.
"This is a period where the tax on your salaries is almost higher than the minimum wage increase on the salaries. It is a period we need to sit and reflect on our survival."
"What are those things that affect us most? The social safety nets that are obtainable in some developed economies of the world, and we need to fight for them."
He noted the pressing need to examine how the minimum wage is being implemented.
"Very important, the cost of living index. We need to look at it. How does it affect an average worker? How was the minimum wage the NLC, TUC, and others fought for implemented?"
He also lamented the rising cost of living throughout the country.
"The landlords and transporters have taken it all. The electricity tariff is more than our minimum wage, and the tariff on telecom is increasing by the day."
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The govs are happy with Tinubu
He has increased their allocations to unprecedented levels
The senators are beyond the moon with this govt. Their constituency allocations is now in billions
And the judiciary, they've never had it this good. More houses than they can live in and rain of funds too much for their pockets
So who are these Nigerians they are talking about? Those must be in the minority. Probably from that tiny dot
Majority of Nigerians have never had it so good
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Meaning nothing to even save. Most trying to just survive. Imagine what happens to TP, acquisition of healthcare, education of children, solving family problems, personal needs etc.
Meanwhile, the jesters of present times say the current destructive govt have bettered the economy with all these worsening situations
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75% as I beg to differ. Tinubu's policies has thrown many to unimaginable poverty.
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Food and transportation
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If not 100%
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Hahaha Hahaha no way ,agbado eaters are saving millions from 70k monthly salaries and that why they're praising the power grabber to the moon...we will learn in a hardway
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Sure and na them still dey song praises of APC. Imagine me b4 2015, I dey buy 20 liters top up for car when e show "red" now i no fit use car except I use 10000 to buy 10 liters, and then park am when e don low. I dey burn gen till 3am if light no dey. Now I no fit on gen.no savings again
Ikaeniyan0:
Food and transportation
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Evidence of a destroyed economy
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Sholaco:
If not 100%
is all not the same as 100% again
For people that like to compare Nigeria with abroad, do you wonder the kind of food a minimum wage worker will eat that will take 50% of his income in a month?
When a big bag of rice is $25
Egg 18 count is $6
Gallon of milk is $4
Bag of semo is $10
Whole chicken is $ 7
Box of tomato is $17
Big loaf of bread is $3
Big box of cereal is $6
5 liter vegetable oil is $9
Total of everything is less than a day salary of minimum wage earner
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Tinubu is worse than a Natural Disaster.
A Natural Disaster will not cause the level of damage Tinubu has done to this corn3.
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100% is correct instead of 50%.The report is been economical with the truth.
You’re simply paid to stay alive and poor cos if you become rich, the job will suffer.
Agbegbaorogboye:
The govs are happy with Tinubu
He has increased their allocations to unprecedented levels
The senators are beyond the moon with this govt. Their constituency allocations is now in billions
And the judiciary, they've never had it this good. More houses than they can live in and rain of funds too much for their pockets
So who are these Nigerians they are talking about? Those must be in the minority. Probably from that tiny dot
Majority of Nigerians have never had it so good
I love your style of drawing attention to ebilokan’s failures through sarcasm.
Well done sir. Please keep it up.
anonimi:
May 1, 2025May Day: Hunger, unemployment, insecurity real— Tinubu
According to him: “The theme demands our collective attention and serves as a stark reminder of the need to create an environment where every worker feels safe, valued, and empowered to contribute to the growth and prosperity of our nation. As your President, I assure you that this administration is committed to creating such an environment for the common good.”
On the economic hardship, he noted that while it is a global phenomenon, its effects on Nigerians are particularly severe.
Tinubu said: “I am aware of the peculiarities of the economic hardship Nigerians face—rising living costs, hunger, insecurity, unemployment, and the loss of livelihoods. These challenges are real and demand definitive solutions, which I am poised to address as your President.
https://www.vanguardngr.com/2025/05/may-day-hunger-unemployment-insecurity-real-tinubu/
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I only pity the very poor wey dem go buy their votes again in 2027.
Milked Spiritually, emotionally, economically politically.
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E no even reach for food self,we just dey live my God grace.
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Agbegbaorogboye:
The govs are happy with Tinubu
He has increased their allocations to unprecedented levels
The senators are beyond the moon with this govt. Their constituency allocations is now in billions
And the judiciary, they've never had it this good. More houses than they can live in and rain of funds too much for their pockets
So who are these Nigerians they are talking about? Those must be in the minority. Probably from that tiny dot
Majority of Nigerians have never had it so good
z.o.m.b.i.e
Do those ur aforementioned earn minimum wage?
And who are the majority of Nigerians that have never had it this good? The masses?
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Chief2410:
100% is correct instead of 50%.The report is been economical with the truth.
Maybe the 50% who are not in the same boat are the ones who follow Akpabio’s advice.
Omicronvaccine:
Wherever You See Free Food, Eat It - Nigerian Senate President, Senator Akpabio Advises Nigerians
https://www.youtube.com/watch?v=fIdtxSZDQoY
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Racoon:
Meaning nothing to even save. Most trying to just survive. Imagine what happens to TP, acquisition of healthcare, education of children, solving family problems, personal needs etc.Meanwhile, the jesters of present times say the current destructive govt have better the economy.
How we take dey survive na by God grace nothing more
anonimi:Maybe the 50% who are not in the same boat are the ones who follow Akpabio’s advice.
where you want see free food for this present Nigeria?
If Nigerians do not like lawlessness we will never have lawless leaders. The people get the leadership they want
No one survive on minimum wage not even in the United States. US minimum wage is $7.5 per hour. That is about $1200 per month. It is not enough to pay rent.
50% Abi 98%
Inflation and high cost of living with no governmental measures to control it.
H
Is it even enough?
Some de borrow join sef
Creamypie:
Sure and na them still dey song praises of APC. Imagine me b4 2015, I dey buy 20 liters top up for car when e show "red" now o no fit use car except I hey 10000 to buy 10 liters, and then park am when e don low. I dey burn gen till 3am if light no dey. Now I no fit on gen no savings again
This part got me.
Before. I buy 10 liters of fuel for 1700 naira.. fire it overnight when EKEDC mess up.
Now I can't even buy 4 litter steady..
Na to dey buy 5k fuel every 3 days inside car and monitor where you drive reach..
It's a crazy country we are in now.
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How do you explain a situation where the minimum wage of a county can not buy a bag of rice?
Infact all civil servants in Nigeria deserve a national honor
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30 litres of fuel under Buhari is 5000k
30 litres of fuel under Tinubu is 24,600k
I saw it coming,tax,tax,tax
HenryWilliams:This part got me.
Before. I buy 10 liters of fuel for 1700 naira.. fire it overnight when EKEDC mess up.
Now I can't even buy 4 litter steady..
Na to dey buy 5k fuel every 3 days inside car and monitor where you drive reach..
It's a crazy country we are in now.
The shit is scary.the shocking thing is this man is barely 2 years in power and still has 6 years to go.