New Minimum Wage In Nigeria 2024

New Minimum Wage In Nigeria 2024. The legislation increased the country’s minimum wage from n30,000 to n70,000. The committee, which comprised state and federal governments and the organised private sector, had proposed ₦62,000 while labour insisted on ₦250,000 as.

Most recently, in july 2024, president bola tinubu approved a new minimum wage of n70,000 and promised to review the minimum wage law every three years moving forward. The minister of information and national orientation, idris.