₦1m salary worthless without stable Naira - NLC

Author: AyobamiPublished on: April 28, 2026Country: Nigeria

PoliticsBusiness & Economy

₦1m salary worthless without stable Naira - NLC

Joe Ajaero, President of the Nigeria Labour Congress (NLC), stated that a monthly salary of ₦1 million is worthless to workers without a stable naira and improved economic conditions. He emphasized that rising inflation is eroding workers' purchasing power, making it difficult to afford basic necessities. Ajaero also called for urgent government intervention to alleviate the impact of inflation on workers.

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