The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have been pivotal in negotiations with the Federal Government, spotlighting the need for a revised minimum wage structure.
In the global context, Nigeria ranks among the countries with the lowest minimum wages.
As per the latest figures, the country’s minimum wage stands at approximately ₦30,000 ($77) per month, highlighting the economic challenges faced by workers in the nation.
Other countries with notably low minimum wages include Bangladesh, where garment industry workers earn about $95 per month, making it one of the lowest in Asia.
Pakistan’s minimum wage fluctuates between PKR 17,500 to PKR 20,000 ($110 to $125) monthly, depending on the province.
India presents a complex picture with its minimum wage varying significantly across states and industries, sometimes as low as INR 7,000 to INR 9,000 ($95 to $120) per month.
Indonesia, with regional variations in its wage structure, reports minimum wages ranging from IDR 3,000,000 to IDR 4,000,000 ($210 to $280) monthly.
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