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Although Nigeria has one of the largest economies in Africa, its minimum wage is relatively low compared with other African countries. The government proposed a 100% increase of the minimum wage from ₦30,000 to ₦60,000, but the unions rejected this as "unsustainable" and demanded a larger increase. [2]
The new pay award will not take immediate effect as federal lawmakers must still have to pass a new law to approve it. Nigeria more than doubles the minimum wage for government workers after ...
18 July – The Nigeria Labour Congress, the Trade Union Congress, and the Nigerian government agree on a new minimum wage of ₦70,000 (US$43) per month, ending prolonged negotiations amid high inflation and a weakening currency. [28] 26 July–11 August – Nigeria at the 2024 Summer Olympics [29]
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 members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
ABUJA (Reuters) -Nigeria's main labour unions on Friday said they had declared an indefinite strike from Monday after failing to agree a new minimum wage with the government. The Nigerian Labour ...
Despite being Africa’s fourth-largest economy, Nigeria’s minimum wage is not among the continent’s top ten, lagging far behind countries like Seychelles, where workers receive a minimum wage ...
The Labour Act of 2004 set the standard for the minimum amount of naira a worker in Nigeria is supposed to make. In 2004 the minimum wage was set to ₦5,500.00 per month. In 2011, the National Minimum Wage Act of 2011 set the minimum wage to ₦18,000.00 per mont
Michigan's minimum wage is slated to be $10.56, up 23 cents, due to legislation.Minnesota's minimum is making an inflation-adjusted move to $11.13, up 28 cents.Missouri is taking its base hourly ...