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See Minimum Wage/dollar rate value in Nigeria 1981 – 2024

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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.

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