A key player in West Africa with approximately 202 million people, Nigeria has one of the largest populations of youth in the world. With an abundance of natural resources, it is Africa’s biggest oil exporter, and has the largest natural gas reserves on the continent. For the IMF, the Nigeria’s real GDP growth in 2021 is expected to turn positive at 1.5%. Real GDP is expected to recover to its pre-pandemic level in 2022. The AFDB projects a GDP growth of 2.9% in 2022, based on an expected recovery in crude oil prices and production. Stimulus measures could narrow the fiscal deficit to 4.6% as global economic conditions improve. Reopening borders will increase access to inputs, easing pressure on domestic prices and inflation. Nigeria was ranking #131 in the World Bank’s 2019 Ease of Doing Business index (Sources: Premium Times, IMF , World Bank, and AFDB).
A trusted professional employment organization with in-depth knowledge of the Nigerian market, XML International provides you with end-to-end personalised solutions to recruit and manage remote team members for your activities in Abuja or any other city in the Nigeria, regardless of the size of your organisation or your industry.
Employees will be employed pursuant to local labour laws, and all required social security and taxation will be paid to the local Authorities.
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Minimum wage in Nigeria is 30,000,00 per month
Normal working hours in Nigeria are 40 hours per week.
Workers are entitled to annual leave of at least 6 working days with full salary
In case of illness, workers are entitled to a maximum of twelve working days of paid sick leave.
Mothers are entitled to 6 weeks of eave before delivery and 6 weeks after delivery, for a total of 12 weeks. Mothers who have beenw employed for more than 6 months prior to their leave are entitled to at least 50% of their salary.
There are no provisions for paternity leave in the law
One day, if the worker has been employed for up to 3 months
One week, if the worker has been employed up to 2 years
Two weeks, if the worker has been employed for up to 5 years
Four weeks, if the worker has been employed for 5 years or more
Probation period may vary between 3 to 6 months
The standard VAT rate is 7.5%.
If you want to benefit from XML employment expertise in Nigeria, we invite you to fill the form below and we’ll get back to you shortly.
XML International, one of the best workforce solutions and employer of record services providers for Nigeria, supports the set-up and the management of your international workforce for all your activities in Nigeria. Our invaluable input consists of streamlining and handling for you the complete employment lifecycle of your teams in Nigeria. We give you all the keys to handle you staff in Abuja or any city in Nigeria. XML’s knowledge of Nigerian labour laws, tax and social security system, and employment regulations allows you to tackle the challenges of local compliance in Nigeria navigate all the local complexities and avoid pitfalls.
Among our top priorities, compliance with the Netherlands employment regulations and labour laws is number one. In addition to talent acquisition, recruitment services, and workforce management, we also ensure that our clients’ workforce management in Nigeria is aligned with Nigerian tax and social security rules and the latest immigration processes, including visas and work permits.
Here is the list of our core services supporting your activities in Nigeria.
Take advantage of the targeted outsourcing solutions proposed by XML International for your expansion in Nigeria or for your employees already based there. We offer a comprehensive series of bespoke and scalable outsourcing solutions specially designed for the Nigerian market.
They range from professional employer organization employment (PEO), employer of record, and contingent workforce employment services, to help you grow effortlessly and successfully in the without any complications. We can also help you source, recruit, and onboard new team members locally, even if you don’t have an office in Nigeria.
XML provides you with everything you need to start doing business in Nigeria or to optimize your business if you are already operating there, leading to significant bottom-line savings and getting your business activities up and running in just days. Get in touch with the XML team to learn how we can boost your activities in Nigeria in a cost-effective way.
Get started now and make the most of business in Nigeria today!
XML has expertise and resources to meet your organization’s workforce needs wherever, and in whichever field these might be.