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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] According to BBC News , the monthly cost of the average Nigerian family's rice consumption is greater even than the government's proposed raised minimum wage.
Unions were asking for the current minimum wage of 30,000 naira to be increased to nearly 500,000, which the government rejected, resulting in a fresh strike that grounded Africa’s most populous ...
The government had proposed a 100% increase to 60,000 naira ($44.89), which the unions rejected, seeking a 1,547% increase instead, Onanuga added. ... Nigeria’s minimum wage is not among the ...
Minimum wage schedules set pay by occupation; for example, the minimum wage for domestic workers, for example, was EC$4.5 per hour, while that for a security guard was EC$8 per hour. [10] 40 2017 Guatemala: Q 81.87 (US$10.9) per day for agricultural and nonagricultural work and Q 74.89 (US$10) per day for work in export-sector regime factories ...
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 month. The Labour Act of 2004 also has an exception that states that any establishment which employs fewer than 50 workers does not have to abide to the Nigerian minimum wage.
Looking ahead: More minimum wage increases are slated for coming years: $14 in 2024, and $15 in 2025. Smaller employers are on a separate schedule that will reach $15 in 2026. haveseen/istockphoto.
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]
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 ...