Nigerian Companies Salary Structure – Current Salary Structure of Companies in Nigeria

Nigerian Companies Salary Structure – Current Salary Structure of Companies in Nigeria.

Salary structure of Nigerian Companies is 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. This is usually common when they have been invited for tests or interviews.

If 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, we admit that the information here might not be 100% accurate, therefore bear in mind that the information on this page is subject to sudden change.

Nigerian Oil and gas Companies Salary Structure

Shell (SPDC) Salary StructureN667,000 (permanent), N250,000 to N500,000 (contract
Exxon Mobil Salary StructureN1million
Total Oil Salary StructureN1million
Mobil Oil Nigeria Salary StructureN500,000
Mobil Producing Nigeria Salary StructureN700,000 – N800,000
Schlumberger Salary StructureN500,000
Chevron Salary StructureN750,000+
Halliburton Salary StructureN375,000
IOCs E&P (upstream) Salary StructureN600,000 to N1million
Independents E&P (upstream) Salary StructureN300,000 – N600,000
Multinational oil servicing Salary StructureN300,000 – N600,000
Tier 2/ Indigenous oil servicing Salary StructureN200,000 – N400,000
Tier 1 downstream Salary StructureN200,000 – N400,000
Tier 2 downstream Salary StructureN150,000 – N200,000
NNPC Salary StructureN190,000
DPR Salary StructureN190,000
PPPRA Salary StructureN190,000
NestOil Plc Salary StructureN150,000??

Nigerian Companies Salary Structure – Current Salary Structure of Companies in Nigeria

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

Nigerian Banks Salary Structure

Union Bank Salary StructureN180,000/N258,000
Guaranty Trust Bank Salary StructureN209,000
Keystone Bank Salary StructureN127,000 excluding allowances
Fidelity Bank Plc Salary StructureN180,000
Skye Bank Salary StructureN104,000
FBN Capital Salary StructureN400,000+
Diamond Bank Salary StructureN240,000 (N80,000 for trainees)
United Bank for Africa Salary StructureN142,000
First Bank Salary StructureN150,000 + allowances worth around N150,000+
Access Bank Salary StructureN237,000
Enterprise Bank Salary StructureN249,000

Manufacturing Companies in Nigeria Salary Structure

PZ Cussons Salary StructureN145,000 (RDM i.e. sales)
Nigerian Bottling Company Salary StructureN148,000 – N160,000
Cadbury Nigeria Plc Salary StructureN130,000
Frigoglass Salary StructureN50,000
Nigerian Breweries Plc Salary StructureN350,000
Lafarge Salary StructureN90,000 excluding allowances
Meristem Salary StructureN100,000+ with profit sharing
Guinness Nigeria Salary StructureN120,000 – N160,000
Dangote Sugar Salary StructureN150,000
Dangote Cement Salary StructureN140,000

Telecommunications/Power/Energy Companies in Nigeria  Salary Structure

General Electric (GE) Salary StructureN300,000+
Huawei Technologies Salary StructureN200,000
MTN Nigeria Salary StructureN180,000 – N250,000
Globacom Salary StructureN120,000
Airtel Nigeria Salary StructureN100,000??
Tecno Mobile Salary StructureN120,000
Ericsson Salary StructureN88,000
EEDC Eastern Electric Distribution Company Salary StructureN350,000
PHCN Salary StructureN79,000 (excluding bulk rent and pay leave allowance

Auditing and Consulting Companies in Nigeria Salary Structure

KPMG Salary StructureN171,000 b.t. (non-chartered ET)/ N145,000 (non-chartered ETOP)
PWC Salary StructureN140,000 (non chartered)
Deloitte Salary StructureN150,000 a.t.

Others Company Salaries

P&G Salary StructureN200,00+
INEC Salary StructureN77,000 (including allowances)
PAL Salary StructureN77,000
Multichoice Salary StructureN40,000 – 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 who pay seemingly low salaries make it up with juicy allowances and perks.

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


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