Nigeria has lowest minimum wage worldwide: Report

Nigeria has the lowest minimum wage in the world, says a recent report by Picodi, a global e-commerce company.
The report, which examined the minimum wages received by workers in 67 countries on six continents (Asia, Africa, North, and South America, Europe, and Asia) as of January 2023, revealed that Nigerian workers received the lowest minimum wages, with the lowest earners in the nation receiving a take-home pay of $68.
India was the third-lowest paying country, with a monthly minimum wage of $95.
Compared to the current prices of food items in the nation, the report detailed that basic food sufficient to meet the minimum nutrient requirements was worth 160.4 per cent of Nigeria’s minimum wage.
This means that the lowest-paid workers’ wages increased more slowly than the cost of food, and the minimum wage is insufficient to get workers needed food items for healthy living.
With a monthly minimum wage of $2,140, Luxembourg tops the list of nations with the highest minimum wage, followed by Australia ($2,020) and New Zealand ($1,866).
Other countries with low minimum wages, besides Uzbekistan, Nigeria, and India, include Pakistan ($111), Kazakhstan ($131), Armenia ($138) the Philippines ($141), Ukraine ($146), Vietnam ($162), Indonesia ($173), Moldova ($180), Azerbaijan ($186) and Thailand ($195).
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

NationWide
2023 census ‘ll be devoid of political interference, vows commissioner
The census, earlier billed for between May 3 and May 7, was postponed due to the federal government’s transition programme.

Politics
Tribunal fixes June 19 to commence APM’s petition against Tinubu’s victory
The Allied Peoples Movement (APM) is challenging the February 25 election victory of President Bola Tinubu and Vice-President Kashim Shettima of the All Progressives Congress (APC).

Faith
Archbishop of Canterbury urges Ugandan Anglicans to reject anti-gay law
Under the law, gay sex is punishable by life in prison while “aggravated homosexuality”, including transmitting HIV, attracts the death penalty.

Africa
Sudan warring sides agree to U.S., Saudi-brokered ceasefire
The nationwide ceasefire for 24 hours will begin on Saturday from 6:00 a.m. (0400 GMT).

Health
NAFDAC seals Abuja shop for allegedly selling unregistered aphrodisiacs
The agency said that they “received an Intel that Yunusa Adamu was manufacturing unregistered herbal preparation.”

Education
Poly lecturers Akeredolu owes 10 months’ salaries to begin indefinite strike
The salary for December 2016 and January 2017 was owed by the past government of Olusegun Mimiko, and the one for August 2022 to date by Mr Akeredolu.