Posted: Thursday, 19 June 2025 at 11:15 am

Living on ₦70,000 Minimum Wage: Survival or Illusion?

Living on ₦70,000 Minimum Wage: Survival or Illusion?

With Nigeria’s new minimum wage at ₦70,000, one question lingers:
👉Is it truly livable—or just another political bandage on a bleeding economy?

🇳🇬 In Lagos:

Rent = ₦50,000+ | Transport = ₦1,500/day | Feeding = ₦1,000/day
Reality: You hustle more to afford less. Side gigs and shared rooms are no longer optional—they’re survival tools.

🏙️ In Abuja:

Satellite rent = ₦40,000 | Transport = ₦2,000/day
Truth: Peaceful? Yes. Affordable? Hardly. The long commute eats more than fuel—it consumes your wallet and time.

🌱 In Enugu, Calabar, Ibadan:

Rent = ₦20,000 | Transport = ₦500/day
Reality: More affordable, but still no space for emergencies, savings, or surprise bills.

Can ₦70k Work?

Barely. You survive—not thrive. No financial wiggle room, no luxuries, and certainly no long-term plans.

That’s why smart earners tap into tools like the e-Barcs Salary Advance Loan—up to ₦1,000,000 with quick approval and minimal paperwork.

📲Download the e-Barcs App on Google Play or App Store
☎️Call: 07074770560 | 🌐www.e-barcsmfb.com

💼e-Barcs – Banking Smarter for Real Life.

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