1981: ₦125 ($195)
1989/90: ₦250 ($31)
1998/99: ₦3,000 ($32)
2000/01: ₦5,500 & ₦7,500 ($49 & $67)
2011: ₦18,000 ($117)
2018: ₦30,000 ($98)
2023: ₦30,000
Official rate: $65
Parallel market rate: $44
2024: ₦30,000
Official rate: $21.22
Parallel market rate: $20.76
#StatiSense
NASS BUDGET & NIGERIAN WORKERS’ MONTHLY MINIMUM WAGE
NASS Budget || Minimum Wage
1999: ₦2.2bn || ₦3,000
2000: ₦29.5bn || ₦7,500
2011: ₦111bn || ₦18,000
2018: ₦139.5bn || ₦30,000
2019: ₦128bn || ₦30,000
2020: ₦128bn || ₦30,000
2021: ₦134bn || ₦30,000
2022: ₦139bn || ₦30,000
2023: ₦228.1bn || ₦30,000
2024: ₦344.9bn || ₦30,000
In the 2024 Budget, estimated monthly entitlement:
Senator: ₦37.57 million
HoRep Member: ₦18.20 million
Minimum Wage of Nigerian worker: ₦30,000
#Stiatisense
NATIONAL ASSEMBLY BUDGET
1999: ₦2.2 billion
2000: ₦29.5 billion
2002: ₦28.2 billion
2003: ₦23.3 billion
2004: ₦34.7 billion
2005: ₦55.4 billion
2006: ₦45 billion
2007: ₦60 billion
2008: ₦73.7 billion
2009: ₦123 billion
2010: ₦154 billion
2011: ₦111 billion
2012: ₦150 billion
2013: ₦150 billion
2014: ₦150 billion
2015: ₦120 billion
2016: ₦115 billion
2017: ₦125 billion
2018: ₦139.5 billion
2019: ₦128 billion
2020: ₦128 billion
2021: ₦134 billion
2022: ₦139 billion
2023: ₦228.1 billion
2024: ₦344.9 billion
#StatiSense
(Budget Office)
NIGERIAN WORKERS AND THEIR REPRESENTATIVE
NASS Budget || Monthly Min Wage
2011: ₦111bn || ₦18,000
2024: ₦344.9bn || ₦30,000
#Statisense
Armed Forces Salary Structure, Monthly [₦]
Recruit: 10K
Cadet (Training): 39K – 45K
Private: N49K – 54K
Lance Corporal: 50K – 56K
Corporal: 52K – 59K
Sergeant: 56K – 69K
Staff Sgt: 70K – 87K
Warrant Officer: 85K – 102K
Master Warrant Off: 149K – 166K
Army Warrant Off: 159K – N172K
2nd Lieut: 173K – 187K
Lieut: 188K – 218K
Captain: 200K – 232K
Major: 213K – 248K
Lt Col: 283K – 325K
Colonel: 311K – 353K
Brig Gen: 616K – 678K
Major Gen: 1m – 1.38m
Lt. Gen: 1.11m – 1.49m
General: 1.36m – 1.72m
#StatiSense
(@economicng)
Peoplesmind
