While Nigeria Struggles With N30,000, S/Africa Increases Minimum Wage To N126,480
South Africa has increased its minimum wage to N126,480 per month.
The news comes at a time Nigerian workers are uncertain their struggle for a N30, 000 minimum wage would yield result.
President of South Africa Cyril Ramaphosa said the wage, which would come into effect January 1, 2019, would benefit about six million workers that currently earn R3,700 (N97,495).
One South African Rand exchanges for N26.35. This means South African workers would be earning N527 per hour: N4,216 per day and N126,480 per month.
Their Nigerian counterparts currently earn N75 per hour, which is N600 per day (at eight working hours per day) and N18,000 per month.
Paid N30,000 as minimum wage, Nigerian workers would be earning N125 per hour or N1,000 per day, which amounts to N30,000 monthly.
Compared, a Nigerian worker would be earning less than a quarter of what the South African takes home monthly.
The National Minimum Wage tripartite committee put in place by President Muhammadu Buhari to review the current N18,000 minimum wage had presented its report to the president two weeks ago, but the state governors said they can’t pay N30,000.
The president of the Nigeria Labour Congress, Ayuba Wabba said the union would soon meet to draw up a timetable within which government would be expected to conclude work on the new wage.
Wabba said workers are now running out of patience on the implementation of the new wage.
He described as unfortunate the position of some governors who are opposed to the N30.000 new minimum wage, “but are spending billions of dollars in the name of security votes which they can’t account for.”
According to the NLC boss, it was not true that once the Minimum wage is increased there would be inflation.
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