Average worker in Lagos earns below minimum wage monthly – Report

A new survey covering Nigeria’s commercial hub has revealed that the average worker living in Lagos earns the sum of N60,000 as monthly salary.

This finding is according to the “State of the Employed” report by PaidHR, a Nigerian startup specializing in HR management solutions for businesses.

This figure is below the newly established minimum wage of N70,000, which was signed into law by President Tinubu in June.

The report, which examines employment trends in Lagos, provides a comprehensive analysis across all demographics—young, old, male, and female—with 51% of respondents falling within the 19 to 35 age bracket.

It further disclosed tthat 58% of working individuals in Lagos spend more than their primary income each month, suggesting that a majority of residents in the city rely on multiple jobs to make ends meet.

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“51% of our respondents fall between the ages of 19 and 35, highlighting a workforce that is not only a young and vibrant but also in a crucial stage of their professional and personal development. 

“Across every demographic surveyed, the average salary of salary is N60,00. We discovered that many within the group are still financially dependent, with numerous respondents living with a parent, friend or siblings,” the report says.