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Current Salary Structure of Companies in Nigeria in 2020

Filed in Job by on June 4, 2020

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Current Salary Structure of Companies in Nigeria in 2020.

Nigerian Companies Salary Structure: Current Salary Structure of Companies in Nigeria – See more details below; The salary structure of Nigerian Companies is generally sought after by job seekers in Nigeria.  Job seekers who are new in the labor 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.

Nigerian Companies Salary Structure

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, 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 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.

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 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!).

What’s your take on this? I urge you to use this same opportunity to share this information across to others using our Facebook and Twitter.

CSN Team.

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Comments (4)

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  1. akan says:

    I scored 246 in jamb.what are my odds for med lab

  2. LILIAN ULOMA says:

    DOES TOTAL ACCEPT I.T AND YOUTH CORPERS?

  3. Johnson says:

    What about total cooperative society for an accountant what is their pay?

  4. Kamalu Ibrahim Adam says:

    1 what please do they pay managers.
    2 what is the renumeration policy that say manager remuneration is largely dependent on financial success of a quoted firm.

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