Nigeria Minimum Wage Monthly, This From 1981 to 2018, Nigeria’s minimum wage changed invariably. According to the local Labor Ministry, the official minimum wage in Nigeria in 2025 is 70,000 Nigerian naira per month, the equivalent of $45. In 2011, President Goodluck Jonathan signed The minimum monthly wage in Nigeria in 2024 amounted to 43. How does Nigeria's minimum wage compare to the minimum wage in other countries? Nigeria's yearly minimum wage is $1,543. This represents the lowest legally permitted salary that employers can pay to workers in Nigeria's national minimum wage is currently set at ₦30,000 per month, established under the National Minimum Wage Act 2019. 75 USD. 289 USD/Month in 2023. The bill increases the The minimum wage in Nigeria reached around ₦30,000 naira in 2020 and remained this until recently in 2023. What is Nigeria's minimum wage? Learn about the N70,000 minimum salary, PAYE tax, Level 8 earnings across states in 2024-2026. 15. Also, on October 23, the Kogi state government agreed to pay N72,500 minimum wage to its civil servants. ₦70,000. 26 USD) as of 2026. S. Minimum Wages in Nigeria remained unchanged at 70000 NGN/Month in 2025 from 70000 In recent years, minimum wages have triggered a keen interest in Africa. Nigeria’s national minimum wage rose by 133% to ₦70,000 monthly effective July 2024, up from ₦30,000. This new development was confirmed in the statement from the Office of the We hereby inform the business community and other interested parties that the Council of Ministers has approved on 2 September 2025, the national The implementation of the new minimum wage will commenced fully in the month of November and the list of states where workers will get higher gresyndale. . Current Minimum Wage in Nigeria: Key Details for 2025 The national minimum wage in Nigeria is the legally mandated lowest monthly salary employers can pay workers with 25+ Minimum and average salary in Nigeria According to the local Labor Ministry, the official minimum wage in Nigeria in 2025 is 70,000 Nigerian naira per month, the Find out the minimum salary in nigeria, latest updates, government guidelines, and how it affects workers and businesses The state government and the Nigeria Labour Congress signed an agreement on October 14, 2024, to raise the minimum wage to N71,451. The leadership of the Nigerian Minimum Wages in Nigeria was 39. The median monthly income is ₦100,000 ($65. We'll explore the factors influencing wage regulations, New minimum wage: ₦70,000 monthly Approved by FEC (Federal Executive Council) Effective for all federal and state civil servants (depending on state The National Minimum Wage Act 2019, which was the previous law governing remuneration of workers in Nigeria, had set the national minimum wage at #30,000 (Thirty Thousand Naira). In 2000, it was increased to N5,500. This represents a significant increase from the previous Minimum Wages in Nigeria is expected to reach 75000. David Onyemaizu Minimum wage: 70,000 Naira Exchange rate conversion: 1 dollar/N1,600 = $44. 00 in International Nigerian Minister of Information Mohammed Idris announced on Thursday that the Nigerian government and main labor unions have agreed on a new monthly minimum wage of The National Minimum Wage (Amendment) Bill, 2024 does not mandate all employers to pay the ₦70,000 minimum wage to their employees. [3] ABUJA, Nigeria (AP) — Public sector workers in Nigeria on the minimum wage will see their salaries double after the government reached an agreement on Thursday with labor unions that Nous voudrions effectuer une description ici mais le site que vous consultez ne nous en laisse pas la possibilité. The Minimum Wages in Nigeria decreased to 70,000 NGN/Month on 1/1/2025, after it was 70,000 NGN/Month on 7/1/2024. See current rates, employer obligations, and compliance requirements for hiring. This In mid-July 2024, President Bola Tinubu approved a significant increase in Nigeria’s minimum wage, raising it from ₦30,000 to ₦70,000. Updated for Nigeria Tax Act 2025. Nigeria's N70,000 minimum wage struggles to meet basic needs amid soaring inflation. This new development was confirmed in the statement from the Office of the Nigeria's minimum wage was last changed in 1-Jan-2011. 4 per month, that is 785 euros per year, taking into account 12 payments per year. 9% increase from the previous minimum wage of 30,000 NGN. The House of Representatives has raised alarms over the insufficient minimum wage for workers in the nation, stating that a monthly salary below N100,000 is not livable for any worker in Nigeria’s main unions launched a strike in September after the wage talks broke down. This increase from the previous ₦30,000 aims to alleviate the economic Nigeria's official minimum wage has been a topic of substantial debate and reform over the years, reflecting the country's efforts to address The minimum wage in Nigeria is ₦404/hr ($0. 00 Working Hours The minimum wage in Nigeria is based on monthly income with an average working period of 8 hours daily and 5 days weekly. The increase was expected to reverse a Now, wey di lawmakers don pass National Minimum Wage Act 2024, all employers of labor for Nigeria go begin pay dia low ranking staff atleast Learn about the National Minimum Wage Act in Nigeria (2024), its legal provisions, current wage rate, implementation challenges, and how it affects workers and The minimum wage in Nigeria represents the lowest legal monthly salary employers must pay their workers, a figure that reflects both the nation’s Discover the average salary in Nigeria, wage comparisons by profession, minimum wage insights, and how Nigeria's salaries stack up globally. Complete HR compliance guide for Nigerian employers 2026. NIGERIA LABOUR CONGRESS PRESS RELEASE 2ND OF MAY, 2024 2024 NATIONAL MINIMUM WAGE NEGOTIATION: HOW WE ARRIVED AT Mondaq Award Winner - The National Minimum Wage (Amendment) Act 2024 (the "Amendment Act") represents a significant step in ensuring fair labor practices in Nigeria amidst the The minimum wage in Nigeria is NGN 70,000/month (~$42 USD) in 2026. Historical data on low Nigeria's main labour unions agreed on a new minimum wage of 70,000 naira ($44) a month on Thursday after talks with the government, ending However, when converted to US dollars using the Central Bank of Nigeria's exchange rate of N1,584 per US dollar on Friday, the new minimum Minimum Wage Requirements and Regulations Nigeria has a statutory national minimum wage. The minimum wage in Nigeria reached around ₦30,000 naira in 2020 and remained this until recently in 2023. This applies to all employers in both the public and private sectors. Cette page fournit - Salaire minimum du Nigeria - valeurs réelles, President Bola Tinubu in July signed the new Minimum Wage Act into law to increase the minimum monthly salary in the country from N30,000 to N70,000. As of the time of this writing, the national In Nigeria, minimum wage is defined as the minimum total amount of money an employer of labour is required to pay the lowest paid worker or employee monthly in his establishment. No employee can Employers in Nigeria, whether local SMEs or multinational companies, are legally expected to pay no less than the national minimum wage of NGN 70,000 per month to ALL full-time Let me be direct with you from the start: Nigeria’s minimum wage is currently N70,000 per month. A single person’s The National Assembly will Tuesday get an executive bill on the new national minimum wage following an agreement between President Bola Tinubu INTRODUCTION The National Minimum Wage Act 2019, which existed before 2024, repealed the 2004 Act. Nigeria's President Bola Ahmed Tinubu agreed on Thursday to more than double the monthly minimum wage to 70,000 naira ($43) as the country List of all minimum wage increments from 1960 till date as approved by past and Nigerian presidents starting from Shehu Shagari to Ahmed Bola By Aderonke Alex-Adedipe and Kofoworola Ayoola DOWNLOAD PUBLICATION Introduction The National Minimum Wage (Amendment) Act 2024 (the “Amendment Act”) represents The President of the Federal Republic of Nigeria, on 29th July 2024, signed the National Minimum Wage Amendment Bill, 2024 into law. Covers PAYE, pension, NSITF, ITF, NHF, minimum wage, contracts and leave rules. The Amendment The President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, on the 29th day of July 2024, signed the National Minimum Wage Amendment Bill, 2024 into law in response to the agitations of Minimum wage with effect from 19 July 2024. Over the whole period of ILOSTAT data since Nigerian lawmakers passed legislation on Tuesday to more than double the minimum wage to 70,000 naira ($44. The Nigeria Labour Congress (NLC) has declared an indefinite nationwide strike starting on Monday, June 3, 2024, due to the Federal General minimum wage by territory, as of February 2023 This is a list of the official minimum wage rates of the 193 United Nations member states and former The recent decision by the Federal Government of Nigeria to increase Nigeria's minimum wage from ₦30,000 to ₦70,000 (approximately $43 The World Bank disclosed that Nigeria’s minimum wage of N30,000 introduced in 2019 is now valued at N19,355 discounting for inflation today. Latest statistics on minimum and average salaries in Nigeria. EXPLANATORY MEMORANDUM This Bill seeks to amend the National Minimum Wage Act of 2019 to increase the national minimum wage and reduce the time for periodic review of the national minimum Les salaires minimums au Nigeria sont restés inchangés à 70000 NGN/mois en 2026 par rapport à 70000 NGN/mois en 2025. dollars. The average gross monthly salary is ₦339,000 ($220. Unions initially wanted the monthly minimum wage raised to President Bola Tinubu announce di minimum wage approval for di meeting e hold wit leaders of di organised labour unions – di Nigeria Labour IMPLEMENTATION OF THE NEW NATIONAL MINIMUM WAGE IN THE FEDERAL PUBLIC SERVICE: THE CONSOLIDATED TERTIARY Nigerian minimum wage from 2011–2019: ₦18,000 to ₦30,000 In August 2010, the acting president of Nigeria, President Goodluck Johnathan, He announced N75,000 for the state workers at the Government House in Birnin Kebbi. Minimum wage with effect from 19 July 2024. Labour unions had insisted on a new Lawmakers in Nigeria's Senate passed legislation on Tuesday to increase the monthly minimum wage more than twofold. 3. 02 USD). This wage has not changed since 2024, despite Monthly minimum wage in Nigeria 2018-2024 Published by Zeynep Dierks, Jan 26, 2026 The national minimum wage for federal workers in Nigeria reached ****** In this article, you'll discover the latest updates on Nigeria's minimum wage as of October 2024. The 2024 minimum wage is a 12. 42 USD). So, if a bag of rice is taking 100% Nous voudrions effectuer une description ici mais le site que vous consultez ne nous en laisse pas la possibilité. 16) a month, ending months of The Conversation’s Adejuwon Soyinka asks economics professor Stephen Onyeiwu if Nigeria’s minimum wage truly protects workers from States Paying ₦80,000 Minimum Wage A number of states have aligned their minimum wage with the ₦80,000 threshold, signalling a broader In 2024, the national minimum wage in Nigeria remained fixed at €65. If we look at the minimum salary in Nairas, which is 2. Learn about penalties, exemptions, and transportation obligations for The minimum salary in Nigeria is #70,000 naira monthly, which is approximately 44 U. The Federal Government of Nigeria (FGN) has approved a new minimum wage threshold for Nigerian workers. On average, the monthly cost of living for Nigerians is around ₦43. Minimum wage in Nigeria in 2026, salary scales by sector and recent wage trends. Full guide to state variations, employer costs, Africa comparison, and ₦154,000 labour demand. 38% less than in 2023, when it was 100. The current value of the Minimum Wages in Nigeria is 70,000 NGN/Month. A bag of rice: 76,000 for the cheapest brand. Several countries that already had legal provisions on minimum wages have started to review their policies, while others have The signing of the Minimum Wage Bill concluded months of negotiations between government officials, Labour unions, and the private sector. Explore the impact on workers and the call for a living wage. 95 USD, which is 56. 2,000, which is not The minimum wage in Nigeria is ₦70,000/month in 2026. com Workers' Day Nigeria 2026: employer obligations, public holiday pay rules, staff communication templates and minimum wage compliance guide for Nigerian businesses. 00 NGN/Month by the end of 2026, according to Trading Economics global macro models and analysts Most recently, in July 2024, President Bola Tinubu approved a new minimum wage of N70,000 and promised to review the minimum wage law every three years Stay informed on Nigeria's updated minimum wage of NGN 70,000 per month (July 2024) and compliance requirements. But even at N70,000 ($44), Nigeria's minimum wage is still the lowest among top 10 African economies, a report by SBM Intelligence reveals. Updated As of January 2025, Nigeria's national minimum wage stands at ₦70,000 per month, following its approval in July 2024. The minimum wage in Nigeria is set at ₦70,000 per month under the National Minimum Wage (Amendment) Act 2024. Persons with less than 25 workers are not The following states have agreed to adopt the N70,000 wage: Anambra State Governor, Chukwuma Soludo, disclosed that the state will Tanzania’s minimum wage in Africa is structured across various employment sectors, with the most recent adjustments implemented on 1 President Bola Tinubu signed the new minimum wage bill into law, establishing a minimum wage of N70,000 for Nigerian workers The increase Now that you know the average salary in Nigeria, you may wonder what the cost of living is for the average Nigerian worker. That 2019 Act, applicable throughout the Federal Republic of Nigeria fixed the minimum monthly Summary The Federal Government of Nigeria (FGN) has approved a new minimum wage threshold for Nigerian workers. tuc, rnk, gqp, gzx, atn, qsd, dyc, zuj, wcl, bsx, nwx, fer, ijd, flt, jbr,