Home News South Africa increases minimum wage to N126,480 monthly and Nigerians speak out

South Africa increases minimum wage to N126,480 monthly and Nigerians speak out

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While Nigerians are seeking for higher wages through the representing unions and the government wailing that the coffers are empty hence seeing the increase in wages as financially grounding the nation, the government of South Africa has announced an increase in the minimum wage to N126, 480.

The 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).

Nigerian Guardian reports that 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.

The development has left Nigerians stunned as they bemoaned the state of the nation and when it will all end.

See tweets below:

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