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Salary Structure

Average Salary in Nigeria by Industry

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Nigeria is a country with a diverse economy, and the average salary varies depending on the industry in which you work.

According to PayScale, the average monthly salary in Nigeria is 339,000 Nigerian Naira (NGN), which is equivalent to approximately 774.75 US Dollars (USD) per month.

However, this number can vary significantly depending on your experience, education, and the specific industry in which you work.

Here is a breakdown of the average salary in Nigeria by industry:

Sure, here is the list of average monthly salary in Nigeria by industry, in the listing form:

Executive management and change: NGN 960,000

Financial services: NGN 590,000

Program management: NGN 440,000

Information technology (IT): NGN 410,000

Oil and gas: NGN 390,000

Engineering: NGN 360,000

Healthcare: NGN 330,000

Construction: NGN 320,000

Manufacturing: NGN 310,000

Education: NGN 290,000

Retail: NGN 270,000

Agriculture: NGN 260,000

High-paying industries in Nigeria

The following industries are generally considered to be the highest-paying in Nigeria:

• Oil and gas

• Executive management and change

• Financial services

• Information technology (IT)

• Engineering

• Healthcare

• Good monthly salary in Nigeria

A good monthly salary in Nigeria is subjective and depends on a number of factors, such as your lifestyle and financial goals.

However, a salary of 300,000 NGN or more is generally considered to be a good salary in Nigeria.

Which company pays the highest salary in Nigeria?

The company that pays the highest salary in Nigeria varies from year to year. However, some of the companies that are consistently ranked among the highest-paying companies in Nigeria include:

• Shell Nigeria

• ExxonMobil

• Chevron

• TotalEnergies

• MTN Nigeria

• Middle-class income in Nigeria

The middle class in Nigeria is generally defined as people who earn between 150,000 NGN and 500,000 NGN per month. This is equivalent to approximately 341 USD to 1,136 USD per month.

FAQs

What are the high-paying industries in Nigeria?

The highest-paying industries in Nigeria are generally considered to be oil and gas, executive management and change, financial services, information technology (IT), engineering, and healthcare.

What is a good monthly salary in Nigeria?

A good monthly salary in Nigeria is subjective and depends on a number of factors, such as your lifestyle and financial goals. However, a salary of 300,000 NGN or more is generally considered to be a good salary in Nigeria.

Which company pays the highest salary in Nigeria?

The company that pays the highest salary in Nigeria varies from year to year. However, some of the companies that are consistently ranked among the highest-paying companies in Nigeria include Shell Nigeria, ExxonMobil, Chevron, TotalEnergies, and MTN Nigeria.

What is the middle-class income in Nigeria?

The middle class in Nigeria is generally defined as people who earn between 150,000 NGN and 500,000 NGN per month. This is equivalent to approximately 341 USD to 1,136 USD per month.

Also Read: Salary Structure in Nigeria for Different Job Roles

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