Despite the approval of N30,000 ($83) minimum wage, Nigeria is still rank low among big economies in Africa concerning national pay for its workers.
If the Nigerian government successfully approved the N30,000 ($83) minimum wage, it will still be among the lowest in Africa.
According to NewMinimumWage, a website that aggregates a country’s national wage, Nigeria is still rank low among big economies in Africa concerning national pay for its workers.
In South Africa, the minimum wage is pegged at 3,500 rands ($277), Morocco pays 3,000 MADs ($316) and Algeria pays 8,000 Algerian dinars ($151) per month.
In Kenya, workers now earn about 13572 shillings ($133) with the announcement of a 5% increase in minimum wage in May 2018.
On November 6, 2018, Nigerian President, Muhammadu Buhari endorsed a new salary structure of N30,000 as set by the tripartite committee on Review of National Minimum Wage.