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Nigeria Wages: Minimum and Average

Nigeria Wages Data

Indicator Data Period
Minimum Wages 30000 NGN/Month | 39.289 USD/Month 2023


Latest data on Minimum Wages (NGN/Month)

Minimum Wages
                     Nigeria - Historical Data (NGN/Month)

What is minimum wage in Nigeria?

  • Minimum Wages in Nigeria remained unchanged at 30000 NGN/Month (39.289 USD/Month) in 2023. The maximum rate of minimum wage for employees was 30000 NGN/Month and minimum was 18000 NGN/Month.
  • Data published Yearly by National Bureau of Statistics.

Historical Data (NGN/Month) by years

Data
Period
Date
30000 2023 10.01.2023
30000 2022 28.06.2022
30000 2021 28.03.2021
30000 2020 04.02.2020
30000 2019 29.10.2019
30000 2019 04.07.2019


Historical Chart by presidents (NGN/Month)

Minimum Wages in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Nigeria

Index Updated Actual Previous
Unemployment Rate 1Q/23 4.1 % 5.3
Living Wage Individual 2018 111.726 USD/Month 108.105
Wages High Skilled 2018 147.934 USD/Month 147.934
Wages Low Skilled  2018 65.949 USD/Month 65.949

Minimum Wages in other countries

Country Updated Actual Previous
Egypt 2023 97.006 USD/Month 87.305
Kenya 2023 101.505 USD/Month 101.505
Nigeria 2023 39.289 USD/Month 39.289
Mozambique 2023 91.695 USD/Month 82.209
Angola 2023 38.888 USD/Month 38.888