In a stark revelation, journalist Rufai Oseni has declared that a monthly salary of N400,000 is no longer sufficient to run a family in Nigeria. This statement comes as a wake-up call to many who struggle to make ends meet in the face of rising costs and stagnant incomes.
According to Oseni, the country’s economic reality has made it impossible for individuals earning N400,000 to cater to their families’ needs. This assertion is a testament to the eroding purchasing power of Nigerians, who continue to bear the brunt of inflation and economic hardship.
Oseni’s comment has sparked concerns about the sustainability of livelihoods in Nigeria, where the cost of living continues to outpace income growth. As the country grapples with economic challenges, it remains to be seen how families will cope with the increasing financial strain.