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00:00 One of the most effective worker strikes Nigeria has seen in recent times.
00:04 Workers in all the key sectors are involved in the indefinite strike.
00:09 Key infrastructures like airports, seaports, schools and banks are shut down across the country.
00:16 A major impact is the shutdown of electricity supply leading to a nationwide blackout.
00:22 This strike comes after the government and workers fail to agree on a minimum wage following months of negotiation.
00:30 The minimum wage of N30,000 per month is just about N18.00.
00:35 While workers want a rise from N30,000 to about N500,000, the government is offering N60,000.
00:44 Workers argue that what the government is proposing can only buy 30 loaves of bread in a month.
00:51 The Nigerian currency has seen a rapid devaluation over the last five years since wages were fixed.
00:59 Five years ago, the monthly minimum wage was about 75 euros.
01:04 Many are concerned that within five years, the value of the monthly minimum wage has dropped to about 18 euros.
01:11 The bulk of the devaluation of the Nigerian currency happened since President Bola Tenembu came to power a month a year ago.
01:20 His government aggravated the economic hardship in the country with an increase in electricity tariff and the price of petrol.