News
Gabon pays N376,500 minimum wage, Equatorial Guinea N323,878; see MW in other oil producing African countries
Gabon, a Central African country, leads in the payment of Minimum Wage in top oil producing countries in Africa, in Naira equivalent, paying N376,500, while Equatorial Guinea follows with N323,878 and Libya N313,440.
The Organized Labour in Nigeria in the current struggle for new Minimum Wage is demanding N494,000 monthly wage, though, still negotiable with the federal government, which is offering N60,000, that is 100% of the current N30,000 MW.
See Minimum wage of 14 top oil producing countries in Africa.
MINIMUM WAGE OF TOP OIL PRODUCING AFRICAN COUNTRIES IN NAIRA
1 🇬🇦Gabon: 376,500
2 🇬🇶Equatorial Guinea: ₦323,878
3 🇱🇾Libya: ₦313,440
4 🇩🇿Algeria: ₦226,400
5 🇹🇳Tunisia: ₦199,573
6 🇪🇬Egypt: ₦194,700
7 🇨🇮Ivory Coast: ₦188,250
8 🇹🇩Chad: ₦150,587
9 🇨🇲Cameroon: ₦105,106
10 🇨🇩DR Congo: ₦94,947
11🇦🇴 Angola: ₦58,569
12 🇬🇭Ghana: ₦38,768
13 🇳🇬Nigeria: ₦30,000
14 🇸🇩Sudan: ₦7,590
$1/₦1,483 — 04/3 June 3rd, 2024
Meanwhile, an elder statesman and industrialist, Atedo Peterside, has expressed the view that @AtedoPeterside “The Nigerian minimum wage negotiations were going to be unnecessarily difficult because FG “poisoned” the atmosphere for responsible negotiations by approving a reckless N90 billion Hajj Subsidy, Luxury SUVs for Legislators etc., thereby, creating the false impression that FG was rich.”
-
Aviation1 week agoNigeria ends third-party visa processing in U.S, directs applicants to embassy, consulates
-
Business1 week agoFCCPC floors Air Peace as Court upholds authority to probe airline fare complaints
-
Latest4 days agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Comments and Issues1 week ago‘Olodo Uprising’: When anti-intellectualism threatens good governance
-
News1 week agoEdo Police impose movement restriction ahead of Saturday’s LG’s elections
-
Business1 week agoHeavy reliance on portfolio inflows threatens Nigeria’s $51bn reserves — EBC
-
Business6 days agoNCC chief highlights trust as key to Nigeria’s digital transformation
-
Business1 week agoNigerian Banks face rising climate-related credit risks, Fitch says


