RE: WORRIES NEVER SOLVE PROBLEM
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WOW, less than 40$ a month?
A long time ago, like 1.5 decade or so, been to Lagos quite a few times. Back then, peeps told me kinda the average salary was 200$. Not sure how average it was though, but taxi drivers, policy officers and whatnot. Also not sure how much in Niara.
Is the inflation at play here? Of was I just getting the wrong information?
Anyways, I do hope you'll find your ways doing interesting things for not too bad amount of money.
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Naira is currently equivalent to about 1240 dollar. The inflation really have lots of role to play here, but it is not entirely the reason. The inflation only made things worse. Nigerian's current minimal wage is 40 thousand Naira and that's the major problem here. Even with inflation the cost of labour is yet to increase
that is quite a different exchange rate than a decade ago.
just checked the times when I spent some time in Lagos (2010, 2011, 2012), was about 30k Naira for 200$. makes a hell of a difference.
anyways, hope you find some job that suits you for a much higher pay to minimum wage.
The value of Naira keeps depreciation on daily basis. The current incompetent administration even made things worse, the value of Naira moved from about 750 per dollar to about 1800 before it later came to a stablize point of about 1240 in an interval of 6 months. And in all of these, the prize of labour remains the same
The best way to survive in a country such as Nigeria is to become an entrepreneur yourself. I certainly need establish myself beyound working for other. I am gradually working on that though, its just a matter of time.
Thank you so much @edje, I really appreciate your care and support.