New National Minimum Wage 2025 Nigeria

New National Minimum Wage 2025 Nigeria. The federal government, led by president bola ahmed tinubu, has announced that personnel expenditure will rise by at least 60% in 2025 due to the implementation of the. The nigerian government has projected a 60% increase in personnel costs for 2025, driven by the implementation of a higher national minimum wage and related

Nigeria’s personnel expenditure is set to leap by at least 60% in 2025, a result of implementing the recently raised national minimum wage, which stands at n70,000 for federal. The nigerian government has announced that many states, alongside the fct, are expected to implement the new national minimum wage by january 2025.