A Professor of Regulation on the College of Nigeria, Nsukka, Pleasure Ezeilo, has lamented the depreciation of her wage’s buying energy coupled with inflation, stating that it prices her as much as one-fifth of her wage to purchase water for her compound month-to-month.
Ezeilo revealed this on her X deal with on Saturday, including that the N1m proposed minimal wage by the Nigeria Labour Congress “isn’t a laughing matter to be dismissed by wave of hand.”
She wrote, “The quick depreciating buying energy of my hard-earned wage, the devalued Naira, and the creeping inflation: I simply found by buying water at this time that my month-to-month wage can solely pay for a restricted amount of water provide.
“I spent N40,000 for a water tanker one journey load (about 2,800 gallons) this night in Enugu.
“Speak about worth fixing. We purchased beforehand the primary week of February for N35,000. In fact, the driving force stated the price of diesel drives the worth. The last word purchaser bears the brunt.
“We’d like a minimum of two tankers for one month at N80,000, which might have taken one-fifth of my professorial cadre wage in a federal college.
“At this charge, simply water with out meals, electrical energy, transportation, generator fueling, home hire, faculty charges, well being care, and so on., one can see that the N1m being proposed as minimal wage by the Labour Union isn’t a laughing matter to be dismissed by wave of hand.
“It more and more seems both reasonable or might must be extra.
“Which means, Nigeria? I can solely hum Sonny Okosun’s (1984 – Which Manner Nigeria) and Majek Fashek’s (Ship Down the Rain!) songs as I silently pray for reprieve and an pressing financial answer so Nigerians can breathe properly.”
PUNCH On-line had reported on February 10 that Ezeilo lamented how she would wish to avoid wasting 5 months of her wage as a Professor of Regulation on the final skilled step to purchase a return ticket to a West African nation.
She acknowledged this whereas expressing her dream of watching the ultimate of the African Cup of Nations reside in Cote D’Ivoire however was shocked after her journey agent of over 20 years informed her the worth of the ticket was estimated at over N2.1m.