Ask Atiku Abubakar — Pẹpẹ Oníbàárà Ìjọba fún Ìbánisọ̀rọ̀ pẹ̀lú Aráàlú

Kí ni idí tí owó oṣù tí ó pọ̀ sí i kò fi lè ra bí ti ìgbà àtijọ́?

Nítorí iye náírà ti pọ̀ sí i, ṣùgbọ́n iye gidi rẹ̀ ti dínkù. Ní 2019, owó oṣù tó kéré jùlọ tó jẹ́ ₦30,000 ní iye tó jẹ́ nǹkan bí $83. Ní May 2023, ₦30,000 kan náà ní iye tó jẹ́ nǹkan bí $65. Nísinsìnyí, owó oṣù tó kéré jùlọ ti pọ̀ sí ₦70,000, ṣùgbọ́n ní ìwọ̀n ₦1,320 sí dọ́là kan, ó ní iye tó jẹ́ nǹkan bí $53 nìkan. Pẹ̀lú N30,000 ní 2019, o lè ra ju 200 lítà epo lọ, ṣùgbọ́n lónìí, pẹ̀lú N70,000, o fi bára le ra lítà 50. Nítorí náà, o lè di náírà tó pọ̀ sí i mú lọ́wọ́ rẹ ṣùgbọ́n kí o ṣì le ra oúnjẹ, ọkọ̀, iná mànàmàná, oògùn àti ilé tó dínkù ju ti tẹ́lẹ̀ lọ.

Àwọn ìdáhùn tó wà lórí ojú-ìwé yìí ni a túmọ̀ láti èdè Gẹ̀ẹ́sì nípasẹ̀ ẹ̀rọ, kò sì tíì ṣàyẹ̀wò rẹ̀ láti ọwọ́ atúmọ̀-èdè kan.

Ibi tí èyí ti wá

Article on X Article by @atiku on X · https://x.com/atiku/status/2097745799593841116 2026-09-09 ›
“Take the minimum wage as the simplest example. In 2019, ₦30,000 was worth roughly $83. By May 2023, that same ₦30,000 was worth about $65. Today, government boasts that the minimum wage has more than doubled to ₦70,000, yet at an exchange rate of around ₦1,320 to the dollar, that ₦70,000 is worth only about $53. Think about that: the number written on the worker’s payslip has risen from ₦30,000 to ₦70,000, but its dollar value has fallen from about $83 to about $53. “That is Tinubu’s money illusion in its simplest form. The figure in your hand is bigger, but the value in your pocket is smaller. A worker can earn more naira today and still afford less food, less transport, less electricity, less medicine and less housing than before.
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