New Minimum Wage 2025 In Nigeria Lila Miles

New Minimum Wage In Nigeria 2025. 36 govs assure implementation of national minimum wage in Nigeria This sharp rise underscores fiscal pressures as the country navigates economic reforms and rising debt obligations. The current minimum wage in Nigeria is ₦70,000.00 per month in 2025

Naija News recalls that the government of President Bola Tinubu had, in Jul 2024, agreed on a new minimum wage of ₦70,000 for Nigerian workers after a protracted negotiation with organized. THE Federal Government has allocated N845,284,513,819 to address minimum wage-related adjustments following the recent increase to N70,000

From N125 to N70,000, timeline of Nigeria's minimum wage Businessday NG

The federal government has allocated N845,284,513,819 in the 2025 budget to address minimum wage-related adjustments following the recent increase of the minimum wage to N70,000 FG discloses date states implement new minimum wage The Nigerian government has projected a 60% increase in personnel costs for 2025, driven by the implementation of a higher national minimum wage and related salary adjustments for civil servants

New Minimum Wage 2025 In Nigeria Lila Miles. The Nigerian government has projected a 60% increase in personnel costs for 2025, driven by the implementation of a higher national minimum wage and related salary adjustments for civil servants This sharp rise underscores fiscal pressures as the country navigates economic reforms and rising debt obligations.

The Minimum Wage Debate in Nigeria An Analysis of the Ongoing Negotiations and Implications. Former President Muhammadu Buhari signed the minimum wage bill into law in 2019, but it took until 18th of April 2019 for the minimum wage bill to be made effective immediately; the implication of the immediate implication is that it is only the workers that earn N18,000 and below N30,000 that will. The federal government has allocated N845,284,513,819 in the 2025 budget to address minimum wage-related adjustments