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Nigeria is very poor, our wealth overestimated — Onanuga


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Mr Bayo Onanuga, Special Adviser on Information and Startegy to President Bola Tinubu, has described Nigeria as “a very poor country.”

According to him, the resources of the country are only being overestimated by the citizens, adding that the minimum wage of the Nigerian workers is far below to their counterparts.

He said this when he appeared on Arise Television.

‘’Our country is a very very poor country. very very poor country. We have the wrong impression about the wealth of our country. It is exaggerated. If you start from minimum wage, when you compare our country to a country like Kenya, South Africa.

“South Africa’s minimum wage is about $240 a month but in Nigeria, its N30,000 a month which is just about $39. Look at the gap and this has reflected in other wages.

“If you look at what the Chief Justice of South Africa earns, at the rate of dollar now, it must be about 20 or times more than what Nigeria’s Chief Justice earns.”

He added that with the dual reforms of subsidy removal and the unification of the exchange rate, the administration “is hoping that the pressure on our finances will reduce.”

He also assured that the current administration is making efforts to make life better for Nigerians.

Mr Onanuga also refuted claims that the government still owes salaries and other emoluments to it workers.

“The office of the AGF has said there is a challenge with the platform being used to disburse the salaries.

“According to a briefing I got this morning, yes, salaries were delayed, but all federal workers have been paid,” he stated.


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