47% of Abuja residents earn below N30,000 monthly – Survey

About 47 per cent of Abuja residents earn less than N30,000 monthly, a demographic household survey carried out by the Federal Capital Territory Administration has revealed. The Minister of State, Federal Capital Territory, Ms Olajumoke Akinjide, gave the figure on Wednesday at the 8th National Conference on Investment. The conference, organised by the Nigerian Investment Promotion Commission, had as its theme; ‘Creating jobs and wealth through increased investment in small and growing enterprises in Nigeria.’

Akinjide said, “The FCT Administration recently carried out a demographic household survey to generate basic data and information for the purpose of planning and development of the FCT. We were able to ascertain that 72.11 per cent of the households earn below N100,000 per month and that the majority of the workers fall within the low income group.

“About 46.9 per cent earn below N30,000 per month; 19.77 per cent earn between N30,000 and N50,000 per month; while about 5.44 per cent earn between N50,000 and N100,000 per month. This means that only about 28 per cent earn above N100,000 per month in the FCT.”

http://www.punchng.com/business/business-economy/47-of-abuja-residents-earn-below-n30000-monthly-survey/

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