Monthly Minimum Wage in Nigeria and the Dollar exchange value from 1981…
1981: ₦125 ($195)
1989/90: ₦250 ($31)
1998/99: ₦3,000 ($32)
Workers demand for New
Minimum Wage in Nigeria
2000/01: ₦5,500 & ₦7,500 ($49 & $67)
2011: ₦18,000 ($117)
2018: ₦30,000 ($98)
2023: ₦30,000
Official rate: $65
Parallel market rate: $44
2024: ₦30,000 while the exchange is N1,410 to a dollar.