New nigerian minimum wage
As of 2021, the new minimum wage in Nigeria is N30,000 (Thirty Thousand Naira) per month. This was announced by the Federal Government of Nigeria in April 2021, following a long-standing demand by workers and labor unions for a review of the minimum wage.
The new minimum wage is a significant increase from the previous minimum wage of N18,000 (Eighteen Thousand Naira) per month, which was introduced in 2011. The increase is aimed at improving the living standards of workers and addressing the rising cost of living in the country.
The new minimum wage applies to all federal government employees, as well as employees of states and local governments that have adopted the new wage. However, the implementation of the new wage has been slow in some states, with some states still paying the old minimum wage.
Here are some key details about the new minimum wage in Nigeria:
- Amount: N30,000 (Thirty Thousand Naira) per month
- Effective date: April 2021
- Applicability: Federal government employees, state government employees, and local government employees
- Implementation: Slow in some states, with some states still paying the old minimum wage
- Purpose: To improve the living standards of workers and address the rising cost of living in the country
It's worth noting that the new minimum wage is not a fixed amount and may be subject to review and adjustment in the future. Additionally, the implementation of the new wage may vary across different states and industries, depending on the specific circumstances and agreements reached between employers and employees.