Economists say the recent modest pay rise for Nigerian federal workers is unlikely to spark inflation, as the increase is too small to affect price levels. Instead, they argue it could modestly improve workers’ purchasing power and help ease poverty without destabilising the economy.
Economists state that the recent pay increase for Nigerian federal workers is too insignificant to trigger inflation, possibly alleviating poverty instead. Read More: https://punchng.com/workers-pay-increase-wont-trigger-inflation-economists/