Nigeria Doubles Minimum Wage for Government Workers

Agreement reached after months of negotiations and strikes as inflation hits record levels.

New minimum wage set at 70,000 naira, up from 30,000 naira, pending legislative approval.
Unions initially demanded nearly 500,000 naira but accepted the government's offer with reservations.
High inflation and cost of living crisis have severely impacted Nigerian workers' purchasing power.
President Tinubu's economic reforms, including fuel subsidy removal, have contributed to rising prices.
The wage increase aims to alleviate some economic pressures but may strain state budgets.