Nigeria is one of the developing countries whose excessive reliance on foreign loans is pushing into a worsening debt crisis, with rising interest rates making repayment increasingly difficult.
The call for a “living wage”, a connotation for an increment of the minimum wage, should focus on asking the government to fix the causes of inflation and not be a demand that will drown the country further into debt.
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Get new insights on pro-freedom issues and current events. Subscribe to ‘Letters of Reasoning’ for weekly expert commentary and fresh perspectives.
