Reason Why There Must Be An Increase In Minimum Wage - Nairaland / General - Nairaland
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| Reason Why There Must Be An Increase In Minimum Wage by smog2500: 10:45pm On Sep 27, 2018 |
LIST OF MINIMUM WAGES BY COUNTRIES OF THE WORLD. 1. Nigeria - $38 (N18,000). 2. Algeria - $175 (N83,000). 3. Belgium - $1,738 (N810,000). 4. Cameroon - 36, 270CFA ($75) N38,000. 5. Chad - $120 (N60,000). 6. Denmark - $1,820 (N900,000). 7. Libya - $430 (N190,000). 8. Japan - $1000 (N450,000). 9. Cote D'ivoire -36,607CFA $72. 10. New Zealand -$3,187 (N1.4m). 11. Luxemburg - $2,500 (N1.1m). 12. Spain - $760. (N300,000). 13. Switzerland - $5,620 - N2.5m. 14. USA - $11 per hour. Ironically, Nigeria politicians earn the highest salaries the whole world. In Luxemburg where minimum wage is $2,500, their lawmakers are paid $7,400. In Libya where minimum wage is $430, lawmakers earn $3000. In Nigeria where minimum wage is $38 (N18,000), lawmakers earn $65,000 (N29m). How long will this continue  |
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