FULL LIST: Nigeria Ranked Among Countries With Lowest Minimum Wage

Nigeria’s current minimum wage of N30,000 ($77) was signed into law in 2019
In the light of recent hike in food prices, their has been calls for minimum wage review by labour unions.
Globally, Nigeria currently ranks among list of countries with lowest wage structure.

Eko Hot Blog reports that the minimum wage debate has been a long-standing economic discourse, with Nigeria often taking to the streets to demand wage increases against the backdrop of rising commodity prices.

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have been pivotal in negotiations with the Federal Government, spotlighting the need for a revised wage structure.

The federal government has recently inaugurated the national minimum wage review committee to work out a better pay package for Nigerian workers.

Editor’s Picks

In the global context, Nigeria ranks among the countries with the lowest minimum wages.

As per the latest figures, the country’s minimum wage stands at approximately ₦30,000 ($77) per month, highlighting the economic challenges faced by workers in the nation.

Other countries with notably low minimum wages include Bangladesh, where garment industry workers earn about $95 per month, making it one of the lowest in Asia.

Pakistan’s minimum wages fluctuate between PKR 17,500 to PKR 20,000 ($110 to $125) monthly, depending on the province.

Further Reading

India presents a complex picture with its minimum wages varying significantly across states and industries, sometimes as low as INR 7,000 to INR 9,000 ($95 to $120) per month.