Minimum Wages in Nigeria remained unchanged at 30000 NGN/Month in 2020 from 30000 NGN/Month in 2019.

Minimum Wages in Nigeria averaged 26000 NGN/Month from 2018 until 2020, reaching an all time high of 30000 NGN/Month in 2019 and a record low of 18000 NGN/Month in 2018. This page provides - Nigeria Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria National Minimum Wage - values, historical data and charts - was last updated on May of 2020.

Minimum Wages in Nigeria is expected to reach 30000.00 NGN/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria National Minimum Wage is projected to trend around 30000.00 NGN/Month in 2021 and 35000.00 NGN/Month in 2022, according to our econometric models.

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Nigeria National Minimum Wage

Actual Previous Highest Lowest Dates Unit Frequency
30000.00 30000.00 30000.00 18000.00 2018 - 2020 NGN/Month Yearly

Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 23.10 22.70 23.10 5.10 percent [+]
Population 200.00 195.87 200.00 45.14 Million [+]
Unemployed Persons 20927.60 20343.60 20927.60 4672.00 Thousand [+]
Wages High Skilled 57200.00 57200.00 57200.00 57200.00 NGN/Month [+]
Wages Low Skilled 25500.00 25500.00 25500.00 25500.00 NGN/Month [+]
Youth Unemployment Rate 36.50 38.00 38.00 11.70 percent [+]
Living Wage Family 137600.00 135300.00 137600.00 135300.00 NGN/Month [+]
Living Wage Individual 43200.00 41800.00 43200.00 41800.00 NGN/Month [+]
Minimum Wages 30000.00 30000.00 30000.00 18000.00 NGN/Month [+]
Employed Persons 69542.90 69165.60 70665.90 66951.00 Thousand [+]
Employment Rate 76.90 77.30 93.60 76.90 percent [+]


Nigeria National Minimum Wage
Minimum Wages in Nigeria refers to the national minimum wage for the federal workers.