Wage in Nigeria The high inflation rate and worsening economic conditions in Nigeria resulted in labor unions protesting against the lack of minimum wage review in the country. Therefore, for the past two years, the workers, along with the NLC National Labor Congress, have pressured the current government. Here is everything you need to know about the minimum wage in Nigeria in 2023, so dive right in to know more. Minimum Wage in Nigeria 2018-2022 The minimum wage in Nigeria reached around ₦30,000 naira in 2020 and remained this until recently in 2023. On average, the monthly cost of living for Nigerians is around ₦43.2,000, which is not completely in sync with the living cost. The amount was originally announced in the NGN law after the 2019 NLC protests against the high inflation rate.
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