The socio-economic fortunes of Nigeria continues the downward slide, despite the present administration’s repeated assurances that it would take steps to plug all visible and invisible leakages. Truly, the bail out initiative of the Federal Government has gone a long way in enabling state governments to clear the backlog of salary arrears owed workers, however, governance has become epileptic in most states, as the states grapple with paucity of funds. In the private sector, companies are having a field day exploiting helpless workers, who have no alternative, but to cope with their employers’ slave labour tendencies. Some states have abolished free education, as infrastructure in schools deteriorate daily, with children increasingly developing dislike for education. Interestingly, concerned Nigerians are already promoting devaluation of the Naira, as a way to accommodate the economic reality of the present times. The Nigeria Labour Congress(NLC) has ceaseless...