Minimum Wages in Nigeria increased to 30000 NGN/Month in 2019 from 18000 NGN/Month in 2018.

Minimum Wages in Nigeria averaged 24000 NGN/Month from 2018 until 2019, 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.

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


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Nigeria National Minimum Wage

Actual Previous Highest Lowest Dates Unit Frequency
30000.00 18000.00 30000.00 18000.00 2018 - 2019 NGN/Month Yearly

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

Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 23.10 22.70 23.10 5.10 percent [+]
Population 195.87 190.87 195.87 45.14 Million [+]
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 [+]
Employed Persons 69542.90 69165.60 70665.90 66951.00 Thousand [+]
Employment Rate 76.90 77.30 93.60 76.90 percent [+]
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 [+]
Minimum Wages 30000.00 18000.00 30000.00 18000.00 NGN/Month [+]