The New Minimum Wage In Nigeria 2025. In july 2024, president bola tinubu approved an increase in the minimum wage for nigerian workers from n30,000 to n70,000. The federal government (fg), has announced that many states and the federal capital territory (fct), will implement the new national minimum wage starting january 2025.
According to him, the amount is part of the proposed recurrent expenditure for the 2025 fiscal year, which is estimated to be n236,525,504,990, 82, representing 43 percent of. 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.
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