National minimum wage
Minimum wage in Nigeria
NGN 70,000 per month
Effective 2024-05-01 · Source: en.wikipedia.org
Earnings calculator
Adjust the wage or the hours you work to see gross weekly, monthly and annual pay.
- Hourly
- NGN 403.85
- Daily
- NGN 3,231
- Weekly
- NGN 16,154
- Monthly
- NGN 70,000
- Annual
- NGN 840,000
Roughly $46 per month in USD (approximate, using ~2025 exchange rates).
Gross earnings before tax and deductions. Weekly/monthly/annual figures assume 40 paid hours every week of the year. Actual take-home depends on local taxes, benefits, and hours worked.
- Hourly
- NGN 403.85
- Weekly (40h)
- NGN 16,154
- Monthly
- NGN 70,000
- Annual
- NGN 840,000
Approximately $46 per month in USD at ~2025 exchange rates (indicative only).
Minimum wage in Nigeria: FAQ
- What is the minimum wage in Nigeria?
- The minimum wage in Nigeria is NGN 70,000 per month, effective 2024-05-01.
- How much is that per year at full time?
- At 40 hours a week for 52 weeks, the Nigeria minimum wage works out to about NGN 840,000 in gross annual pay, before tax and deductions.