Nigerian Workers Salary Scale
Nigeria’s workforce, a vital economic driver, comprises over 60 million workers, with 35% in formal employment. Spanning agriculture, tech, and oil, the labour market has faced challenges like unemployment (5.3% in 2025) and underemployment. Informal sectors dominate, employing 60% of workers.
Government reforms, including minimum wage hikes (₦70,000 in 2024), aim to improve conditions, but inflation erodes gains. Skilled workers increasingly seek opportunities abroad, fueling brain drain. Digital skills training is rising to meet global demands.
Workforce Size: 60m+ workers; 35% formal, 60% informal sectors.
Sectors: Agriculture (40%), services (30%), industry (20%).
Unemployment: 5.3% in 2025; youth underemployment at 20%.
Reforms: ₦70,000 minimum wage; digital skills programs expand.
Challenges: Inflation, brain drain, and low productivity persist.
