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What percentage of Nigerian companies will comply with the new N70,000 minimum wage by December 31, 2024?
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Bola Tinubu•Nigerian•Nigerian Labour Congress•NLC•Trade Union Congress•TUC•Organised Labour•Tinubu•Aso Rock Villa•Abuja•Nigeria
Resolution / Starting Odds
Less than 50% • 25%
50% to 75% • 25%
75% to 90% • 25%
More than 90% • 25%
Survey reports from Nigerian Labour Congress (NLC) and Trade Union Congress (TUC)
Story
Tinubu Approves N70,000 Minimum Wage Amid Cost of Living Crisis
Jul 18, 2024, 03:26 PM
President Bola Tinubu has approved a new national minimum wage of N70,000 ($43) for Nigerian workers amidst a severe cost of living crisis. The decision has been accepted by the Nigerian Labour Congress (NLC), the Trade Union Congress (TUC), and the Organised Labour. Tinubu also promised to review the national minimum wage law every three years. This announcement was made at the Aso Rock Villa, Abuja. This move is part of Tinubu's broader efforts to address economic challenges in Nigeria.
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Less than 10% • 25%
10% to 19.9% • 25%
20% to 29.9% • 25%
30% or more • 25%
Yes • 50%
No • 50%
Less than 50% • 33%
50% to 75% • 33%
More than 75% • 33%
Yes • 50%
No • 50%
Less than 50% • 25%
50% to 70% • 25%
70% to 90% • 25%
More than 90% • 25%
Yes • 50%
No • 50%
62% • 25%
Less than 62% • 25%
More than 62% but less than 77% • 25%
77% or more • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
