Posted by Samuel on Thu 29th Aug, 2024 - tori.ng
Employees from various ministries, including education, works, and the judiciary, have reported engaging in crypto mining as a supplementary source of income.
As the Kaduna State government delays implementing the N70,000 minimum wage, many residents and state employees have turned to cryptocurrency trading to supplement their income.
Daily Trust observed a growing trend among Kaduna residents, particularly those with smartphones, who have embraced online crypto trading to support their families amid heightening economic hardship.
Employees from various ministries, including education, works, and the judiciary, have reported engaging in crypto mining as a supplementary source of income.
A staff member from the state judiciary, who wished to remain anonymous, shared his experience: “I’ve been involved in crypto trading for several months to increase my income, especially since the state government has yet to implement the minimum wage. I was fortunate to earn N100,000 from crypto just this past Sunday,” he said with a smile.
Similarly, a worker from the State Traffic Law Enforcement Agency (KASTLEA), who earned approximately N80,000 from crypto trading on Sunday, corroborated the sentiment.
“I’m using crypto to supplement my modest monthly salary from the state. It’s a flexible option that doesn’t interfere with my job,” he explained.
Haruna, an employee at a private health insurance company, reported earning over N200,000 from recent crypto transactions.
“This confirms that crypto trading is a viable income source. I plan to use part of my earnings to stock up on foodstuffs,” he said.
Abdul, a teacher at a state government public school, expressed optimism about his future with crypto trading.
“I’ve started using my smartphone for crypto trading as a side hustle. With the uncertainty surrounding the implementation of the N70,000 minimum wage, it’s reassuring to have this additional income,” he noted.