As Nigeria Struggles With N30,000, S/Africa Increases Minimum Wage To N126,000

President Cyril Ramaphosa of South Africa

South Africa has expanded its lowest pay permitted by law to N126,480 every month, on end Nigeria is battling for a N30,000 the lowest pay permitted by law. 

President Cyril Ramaphosa of South Africa on Monday said the wage, which would become effective January 1, 2019, would profit around six million specialists that presently acquire R3,700 (N97,495). 

One South African Rand trades for N26.35, which implies South African laborers would win N527 every hour: N4,216 every day and N126,480 every month. 

Nigerian laborers as of now win N75 every hour, which is N600 every day (at eight working hours out of each day) and N18,000 every month. 

Paid N30,000 as the lowest pay permitted by law, Nigerian laborers would win N125 every hour or N1,000 every day, which adds up to N30,000 month to month. 

Looked at, a Nigerian specialist would acquire not exactly a fourth of what the South African brings home month to month.