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Salary Structure of Companies in Nigeria

Mar 2, 2017, 11:22 AM
Oil & Gas

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. Please note that the company salaries below 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.

Salary of Oil and gas Companies in Nigeria

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

Salary Structure of Banks in Nigeria

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

Salary of Manufacturing Companies in Nigeria

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

Salary of Telecommunications/Power/Energy Companies in Nigeria

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

Salary of Auditing and Consulting Companies in Nigeria

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. If you know the entry level salaries of some companies that are missing on 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!)

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