Articles
Lawmakers in Nigeria's Senate passed legislation on Tuesday to increase the monthly minimum wage more than twofold.
The bill increases the minimum wage to 70,000 naira ($44.16, €40.69), up from the 30,000 naira that was agreed in 2019.
President Bola Tinubu must still give his assent for the law to come into full effect.
Lawmakers also agreed to shorten the review period until the next possible minimum wage increase, from five years down to three years.
Nigeria lawmakers double minimum wage after labor dispute
DW | Jul 2024
The Nigerian Immigration Service has introduced an Expatriate Employment Levy (EEL), a government revenue collection initiative meant to, among other goals, encourage companies to employ local talent. Employers may register currently employed foreign nationals from March 15, 2024. Companies failing to comply with this requirement by April 15, 2024 will incur penalties.
Nigeria: Expatriate Employment Levy Introduced for Companies Hiring Foreign Nationals in Long-Term Assignments
Fragomen | Mar 2024
News Sources
SHRM Online: Global HR News
SHRM Global HR Monthly Newsletter: Subscribe
ABYZ News Links: Nigeria Newspapers and News Media
GlobeSmart: Nigeria Country Guide via SHRM Online
SHRM's partnership with Aperian Global provides SHRM members with access to GlobeSmart, an online learning platform that promotes global collaboration and inclusion. Through GlobeSmart, SHRM members can access information on working in globally diverse environments with people from different cultures. In addition, members can also access global employment law information through the Employment Law Alliance's Global Employer Handbook.
Access: Included with your SHRM membership. See this HRQA for instructions.
Additional Employment Law Resources
Nigeria Employment and Labor Law
International Comparative Legal Guides
Going Global Series: Nigeria
DLA Piper
Law Firm Resources
JD Supra: Nigeria
Mondaq: Nigeria
Additional Guides
CIA World Factbook: Nigeria
World Travel Guide: Nigeria
SHRM Members' Survey
Tell us what you think about the Express Request self-service feature in a few quick questions.
An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.
Related Content
HR must always include human intelligence and oversight of AI in decision-making in hiring and firing, a legal expert said at SHRM24. She added that HR can ensure compliance by meeting the strictest AI standards, which will be in Colorado’s upcoming AI law.
The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
Learn how Marsh McLennan successfully boosts staff well-being with digital tools, improving productivity and work satisfaction for more than 20,000 employees.