Current Salary Structure of Companies in Nigeria in 2022

– Nigerian Companies Salary Structure –

Companies are generally sought after by job seekers in Nigeria. Job seekers who are new in the labour market usually wonder what the salaries of companies in Nigeria look like. 

If you wish to know how much some popular Nigerian companies pay their entry-level staff (i.e. newly employed fresh graduates), then this is for you. Read on to see the exact figures that these companies pay.

Though we’ve tried our best to ensure that these salary figures are correct, the information here might not be 100% accurate, therefore remember the information on this page is subject to sudden change.

Nigerian Oil and Gas Companies Salary Structure

Shell (SPDC) Salary Structure N667,000 (permanent), N250,000 to N500,000 (contract
Exxon Mobil Salary Structure N1million
Total Oil Salary Structure N1million
Mobil Oil Nigeria Salary Structure N500,000
Mobil Producing Nigeria Salary Structure N700,000 – N800,000
Schlumberger Salary Structure N500,000
Chevron Salary Structure N750,000+
Halliburton Salary Structure N375,000
IOCs E&P (upstream) Salary Structure N600,000 to N1million
Independents E&P (upstream) Salary Structure N300,000 – N600,000
Multinational oil servicing Salary Structure N300,000 – N600,000
Tier 2/ Indigenous oil servicing Salary Structure N200,000 – N400,000
Tier 1 downstream Salary Structure N200,000 – N400,000
Tier 2 downstream Salary Structure N150,000 – N200,000
NNPC Salary Structure N190,000
DPR Salary Structure N190,000
PPPRA Salary Structure N190,000
NestOil Plc Salary Structure N150,000??

Multinational oil companies pay according they can deploy anywhere to global standards because of their employees in the world. This explains why they pay the highest salaries.

Nigerian Banks Salary Structure

Union Bank Salary Structure N180,000/N258,000
Guaranty Trust Bank Salary Structure N209,000
Keystone Bank Salary Structure N127,000 excluding allowances
Fidelity Bank Plc Salary Structure N180,000
Skye Bank Salary Structure N104,000
FBN Capital Salary Structure N400,000+
Diamond Bank Salary Structure N240,000 (N80,000 for trainees)
United Bank for Africa Salary Structure N142,000
First Bank Salary Structure N150,000 + allowances worth around N150,000+
Access Bank Salary Structure N237,000
Enterprise Bank Salary Structure N249,000

Manufacturing Companies in Nigeria Salary Structure

PZ Cussons Salary Structure N145,000 (RDM i.e. sales)
Nigerian Bottling Company Salary Structure N148,000 – N160,000
Cadbury Nigeria Plc Salary Structure N130,000
Frigoglass Salary Structure N50,000
Nigerian Breweries Plc Salary Structure N350,000
Lafarge Salary Structure N90,000 excluding allowances
Meristem Salary Structure N100,000+ with profit-sharing
Guinness Nigeria Salary Structure N120,000 – N160,000
Dangote Sugar Salary Structure N150,000
Dangote Cement Salary Structure N140,000

Telecommunications/Power/Energy Companies in Nigeria Salary Structure

General Electric (GE) Salary Structure N300,000+
Huawei Technologies Salary Structure N200,000
MTN Nigeria Salary Structure N180,000 – N250,000
Globacom Salary Structure N120,000
Airtel Nigeria Salary Structure N100,000??
Tecno Mobile Salary Structure N120,000
Ericsson Salary Structure N88,000
EEDC Eastern Electric Distribution Company Salary Structure N350,000
PHCN Salary Structure N79,000 (excluding bulk rent and pay leave allowance

Auditing and Consulting Companies in Nigeria Salary Structure

KPMG Salary Structure N171,000 b.t. (non-chartered ET)/ N145,000 (non-chartered ETOP)
PWC Salary Structure N140,000 (non-chartered)
Deloitte Salary Structure N150,000 a.t.

Others Company Salaries

P&G Salary Structure N200,00+
INEC Salary Structure N77,000 (including allowances)
PAL Salary Structure N77,000
Multichoice Salary Structure N40,000 – N70,000

Aviation companies pay salaries between N600,000 and N800,000.

IMPORTANT! Company salaries above are not for contract staff but for professional, permanent staff and all values are for monthly pay (not annual).

Some salary figures represent net total with tax deductions, while some represent salary without tax deductions. Some of the companies that pay seemingly low salaries make it up with juicy allowances and perks.

Actual salaries may vary slightly depending on experience, qualification, and unit.

If you know the entry-level salaries of some companies that are missing from this list, kindly let us know, and we’d be glad to add them to the list.

Also, if you think some figures on this page are wrong or outdated, kindly help us with the corrections (with proof!).

Hot Vacancies in Nigeria Right Now

1. Federal Government Recruitment 2022;

2. EFCC Recruitment;

3. NPower Recruitment;

4. NIA Jobs in Nigeria;

5. DPR Recruitment;

6. NNPC Recruitment;

7. Total Nigeria Recruitment;

8. Nigerian Airforce Recruitment;

9. The Nigerian Police Recruitment;

10. Nigerian Prison Service Recruitment;

11. Federal Fire Service Recruitment;

12. The Federal Road Safety Recruitment 2022;

13. Federal Inland Revenue Recruitment 2022

14. Nigerian Customs Service Recruitment;

15. Oil and Gas Jobs in Nigeria;

16. Top Companies in Nigeria that are Recruiting Massive Intake this Month;

17. ICRC Jobs in Nigeria;

FAQs about the Nigerian Companies Salary Structure

Below are FAQs about the Nigerian Companies Salary Structure. Please, kindly examine the answers.

1. How much is salary structure in Nigeria?

The minimum and maximum salary range in Nigeria is between N37, 000 to N5, 000,000 monthly. Therefore, the middle salary value is N300, 000 monthly.
 
Also, which shows that 50% of the population are earning below N300, 000, While the other half are earning above N300, 000


2. What is the entry level salary in Nigeria?

Entry-level employees in oil exploration companies receive salary of at least N500,000 while those in servicing companies receive at least N200,000.
 
Entry Level Salaries of Nigerian Companies and Agencies.
 

COMPANY/AGENCY

ENTRY LEVEL SALARY

PWC

N140,000 (non-chartered)

Deloitte

N150, 000 a.t.

Telecommunications

MTN Nigeria

N180,000-N250,000


Still on FAQs about Nigerian Companies Salary Structure

3. How much is a level 8 salary in Nigeria?

Salary of Level 8 staffs in Nigerian Police Force

As a level 8 police officer, your basic salary may vary per position and you are expected to earn a minimum of N128, 000 (for a step 1 level 8 staff).
 
For a level 8 step 10 police officer (assistant superintendent), you can expect about N144, 000 per month.


4. What is a competitive salary in Nigeria?

Average Salary of Workers in Nigeria: The average monthly salary a worker in Nigeria earns is about N516, 995, including transport, housing, and other benefits.


Ques: What is the good salary in Nigeria?
 

Job type Median salary (USD) Salary ranking compared to all cities
Business Analyst $29,930 184/265

5. How much is Grade 9 salary in Nigeria?

More on FG Salary Scale

On their part, officers on GL 15 – S1 will receive an annual salary of N1,778,616 and on terminating at S9 will receive N2,363,140 while their colleagues on GL 16 S1 will receive an annual salary of N2,197,677 and also on terminating at S9 will receive N5,452,136.


6. How much is a civil servant’s salary?

A closer look at the table shows that the least paid Federal civil servant on salary grade level 01 earns a gross maximum monthly pay of N14, 531.166.
 
However, senior officer on salary grade level 08 earns gross maximum monthly pay of N52, 588.67, while the highest paid civil servant at the Federal level, permanent secretary


More FAQs about Nigerian Companies Salary Structure

7. How much does an average Nigerian earn per month?

Living Wage Individual in Nigeria averaged 42500 NGN/Month from 2015 until 2018, reaching an all-time high of 43200 NGN/Month in 2018 and a record low of 41800 NGN/Month in 2015.
 
Nigeria Living Wage Individual – values, historical data and charts – was last updated on May 2022.


8. How much does level 14 earn in Nigeria?

GL 13-14 Executives on GL 13, S1 will earn N1,174,233 per month to get N1,653,453 after achieving S11 whereas GL14 S1 executives will make a wage of N1,295,818 per month and after achieving S11 will make N1,811,724.


9. How much does a level 12 civil servant earn in Nigeria?

Grade Level 12 workers take home on a monthly basis, between 263,240 NGN and 379,597 NGN.
 
The annual equivalent of their salary is between 3,158,880 NGN and 4,555,164 NGN. The monthly income of Level 13 workers is between 294,307 NGN and 417,322 NGN.

Kindly provide us with your phone number and email address in the comment box below.

What’s your take on this? I urge you to use this same opportunity to share this information with others using our FacebookTwitter, or Google+. share button below.

StudentsandScholarship Team.

Join Our Newsletter!

Don’t miss this opportunity

Enter Your Details

Be the first to comment

Leave a Reply

Your email address will not be published.


*