New minimum wage in nigeria 2019
As of 2019, the minimum wage in Nigeria is N30,000 (Thirty Thousand Naira) per month. This was announced by the Federal Government of Nigeria in April 2019, following a long-standing demand by workers and labor unions for a review of the minimum wage.
Prior to this, the minimum wage in Nigeria was N18,000 (Eighteen Thousand Naira) per month, which had been in place since 2011. The new minimum wage of N30,000 was implemented to help address the rising cost of living in the country and to improve the standard of living of workers.
It's worth noting that the minimum wage in Nigeria is set by the Federal Government, and it applies to all federal government employees, as well as employees of states and local governments that have adopted the federal minimum wage. However, some states and local governments may have their own minimum wage rates, which may be higher or lower than the federal minimum wage.
Here is a breakdown of the minimum wage in Nigeria over the years:
- 2011: N18,000 (Eighteen Thousand Naira) per month
- 2019: N30,000 (Thirty Thousand Naira) per month
It's also important to note that the minimum wage in Nigeria is subject to review and adjustment from time to time, based on various factors such as inflation, economic conditions, and the cost of living.