Temitope Ajayi, the Special Adviser to President Bola Ahmed Tinubu on Media and Publicity has stated that vegetable that is being sold for $10 (approximately N15,000) wont cost more than N1,000 at a market in Abuja.
He made this statement in a post that he shared on his official X handle on Sunday. He was speaking about the issue of the minimum wage when he made the statement. In the post that he shared on his page, he said those trying to convert the minimum wage to dollar are not doing the right thing.
He said $1 can not buy a meal in US but it’s equivalent (N1500) will buy a good meal in a decent restaurant in Nigeria.
He said a vegetable that someone will buy for $10 in US which is about N15,000 in Nigeria wont cost more than N1000 or less at Wuse market in Abuja.
Temitope Ajayi wrote on his page;
“A vegetable that someone will buy for $10 in US which is about N15,000 in Nigeria wont cost more than N1000 or less at Wuse market in Abuja. One month rent for a 3 bed-room flat in a medium income neighbourhood in US is more than 1 year rent for same type of house in the heart of Ikeja in Lagos. All of these must be put in perspectives when making the dollar argument”….Sée Móre
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