NMW Nigeria 2014

Nigeria repeats minimum wage

In 2014 , the national minimum wage in Nigeria remained fixed at 84 € per month, that is 1,008 euros per year, taking into account 12 payments per year.

If we look at the minimum salary in Nairas, which is the official currency in Nigeria, we can see that, this year, it was 18,000 Nairas and accordingly, the national minimum wage has remained stable, while the CPI of 2013 which was 8.0%, so workers have lost purchasing power in the last year.

If we look at the ranking of the national minimum wage that we publish, Nigeria is in 80 nd place, so it is among the countries with the lowest minimum salary of the 94 of the list.

The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.

In the table that follows we show you the progression of the National Minimum Wage Nigeria. You can see NMW in other countries in National Minimum Wage 2014 and see all the information about this country in Nigeria economy.

Nigeria - Minimum wages
DateNat. Curr. NMWNMWNMW
201418,000116 $84 €
201318,000116 $88 €
201218,000115 $89 €
20085,50047 $32 €
20075,50043 $33 €
20065,50043 $36 €
20055,50042 $30 €
20045,50040 $32 €
20035,50044 $41 €
20025,50049 $55 €
Nigeria - Minimum wages