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Kenneth Okonkwo Claims N30,000 Minimum Wage Was More Valuable Than Current N70,000

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Kenneth Okonkwo, the well-known Nollywood actor and politician, has argued that the previous minimum wage of N30,000 was more valuable than the current N70,000 benchmark.

Okonkwo expressed his views during an appearance on the ‘Mic On’ podcast, highlighting his concerns about the real value of wages in the face of significant economic changes.

Fire9ja reports that President Bola Ahmed Tinubu has recently approved a new minimum wage of N70,000 after reaching an agreement with labor unions.

According to Okonkwo, the value of the previous N30,000 minimum wage has depreciated compared to the new N70,000 wage.

He explained that when the N30,000 wage was in place, the exchange rate was approximately N500 to one US dollar.

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However, with the current exchange rate soaring to N1,500 to one dollar, the real value of the new N70,000 minimum wage has diminished considerably.

Okonkwo pointed out that while the former minimum wage translated to about $60 per month when the rate was N500 to a dollar, the current wage of N70,000 now equates to approximately $45 per month at the current exchange rate.

This stark difference demonstrates that despite the nominal increase in the minimum wage, its purchasing power has actually decreased due to inflation and currency devaluation.

Okonkwo questioned the effectiveness of the recent wage adjustment, suggesting that it fails to address the real economic challenges faced by workers.


 

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Pastor Giwa Says Only Atiku and Obi Can Defeat Tinubu in 2027 Election

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The Senior Pastor of The Second Coming of Christ Ministry, Adewale Giwa, has shared his thoughts on the 2027 presidential election, saying that only a joint ticket of Atiku Abubakar and Peter Obi under the African Democratic Congress (ADC) can truly challenge and defeat President Bola Tinubu.

Pastor Giwa believes that for the opposition to have a real shot, Peter Obi must be willing to step down and support Atiku as the presidential candidate of the coalition. He argued that while Obi has strong backing in the Southeast, Atiku has a broader reach across the country, especially in the North.

“In my view, if Obi insists on being the flagbearer, the coalition will lose,” he said. “But if he steps down for Atiku, the chances of defeating Tinubu become real. Only an Atiku-Obi ticket can shake the ruling party.” Giwa further explained that a Southeasterner like Obi wouldn’t get enough national support to win on his own, as he believes both the North and parts of the South are still not ready to back a candidate from that region.

He added that Atiku, if elected, would be more likely to hand over power to the Southeast in the future, describing him as more politically stable and nationally accepted. “Obi knows the reality on ground,” Giwa said. “He saw what happened in the last election. If he wasn’t open to stepping down, he wouldn’t have joined the coalition. He understands Atiku is more popular and politically experienced.”

According to him, if both men come together with the right understanding, they could form a strong ticket that resonates across the country and offers a real alternative in 2027.

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Lagos States to Shut Down Roads on Saturday for Local Government Elections

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Lagos State will be on a full lockdown this Saturday, July 12, 2025, as the state prepares for its local government elections. According to the Lagos State Police Command, no vehicle movement will be allowed across the state from 3am to 3pm on that day. Moreover, this 12-hour restriction covers all roads and waterways within the state and is aimed at ensuring safety and order during the election.

All private and commercial vehicles are expected to stay off the roads. Also, security convoys, state security outfits, and any group using escorts, sirens, or hidden number plates won’t be allowed to move around. The police says that only specific security teams approved for the election will be on duty that day.

Those involved in essential services like medical emergencies, fire response, and rescue operations will be allowed to move around, along with:

  • Officials of LASIEC (Lagos State Independent Electoral Commission)
  • Accredited journalists covering the election
  • Certified election observers

However, everyone in this category must be properly identified. If you’re not wearing a valid LASIEC-issued tag, you won’t be allowed through, no matter your role.

In addition, the police have issued a strong warning to anyone planning to disrupt the process. Miscreants, political thugs, and anyone planning to cause confusion near polling units or collation centers will be dealt with. Additionally, officers have been deployed to monitor hotspots and respond swiftly to any trouble.

Finally, residents are advised to stay alert and report anything suspicious. Ilf you notice any unusual behavior or individuals acting strangely, you can contact the police using these numbers:

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  • 08063299264
  • 08065154338

 

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Yul Edochie Tells Tinubu to Fix Nigeria First Before Thinking of 2027 Elections

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Nollywood star Yul Edochie has urged President Bola Tinubu to stay focused on fixing Nigeria’s current problems instead of getting caught up in early talks about the 2027 elections. In a message shared on Instagram, Yul, who has openly supported Tinubu in the past, said Nigerians are dealing with serious struggles, especially the rising cost of living and growing insecurity.

He wrote directly to the president, asking him not to be distracted by political noise: “We’re still in 2025. People are suffering. The focus should be on reducing hardship and restoring security. These are the real issues.” He ended his post with a prayer for Tinubu’s leadership, hoping he stays guided through the challenges ahead.


 

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