Lagos, Nigeria – When Yusuf Mogaji joined Nigeria’s federal civil service as a non-teaching staff member at the University of Ilorin in 2015, he had dreams of building his own house. His monthly salary of 46,000 naira (then worth $236) was enough to cater for himself and his family and even buy a half-plot of land (300 square metres) later that year.

Eight years and four civil service appointments later, the land has remained untouched and Mogaji’s aspirations are no longer a priority as he is finding it difficult to feed himself and his family of three. The value of the naira has plummeted such that even though his net salary has increased to 57,000 naira, the dollar equivalent in 2023 is $68.06 – $167.94 lower than what he earned in 2015.

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