Nigeria Nigeria - Minimum wages

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NMW Nigeria 2013

Nigeria repeats minimum wage

In 2013, the national minimum wage in Nigeria remained fixed at 87.9 € per month, that is 1,055 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 2012 which was 30.5%, 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 82 nd place, so it is among the countries with the lowest minimum salary of the 95 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 2013 and see all the information about this country in Nigeria economy.

Nigeria - Minimum wages
DateNat. Curr. NMWNMWNMW
January 201318,000.0115.9 $87.9 €
December 2012114.3 $
January 201218,000.0115.2 $89.1 €
December 2011117.0 $
January 201118,000.0121.1 $90.4 €
December 200743.7 $
January 20075,500.043.5 $33.0 €
December 200642.8 $
January 20065,500.042.8 $36.2 €
December 200541.9 $
January 20055,500.041.6 $30.4 €
December 200441.4 $
January 20045,500.040.3 $32.0 €
December 200342.6 $
January 20035,500.043.5 $41.5 €
December 200245.6 $
January 20025,500.048.7 $55.0 €
December 200149.5 $
January 20015,500.0
December 200054.1 $
January 20005,500.0
Nigeria - Minimum wages