- A public affairs analyst, Adigun Muse, has said if the government can effectively tackle insecurity and reduction in the price of premium motor spirit (PMS), “that would help us more”
- Muse, in an interview with Legit.ng, said even if the Bola Tinubu government decides to increase the minimum wage, it is still going to have “an adverse effect” on inflation in the country
- The expert explained that a wage increment to N494,000 would mean there would be more money in circulation in Nigeria and fewer goods, which he said would lead to inflation
Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering public journalism and the economy in Nigeria and worldwide.
Epe, Lagos state – Dr. Adigun Muse, former head of the political science department at the Lagos State University of Education, has said even if the Bola Tinubu government significantly increases the minimum wage, expenses for basic needs will still consume a chunk of the money.
