₦airaland Forum

Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 1,914,214 members, 3,921,436 topics. Date: Sunday, 19 November 2017 at 04:51 PM

Pay Structure of Most Nigerian companies as at February 2017 - Career (2) - Nairaland

Nairaland Forum / Nairaland / General / Career / Pay Structure of Most Nigerian companies as at February 2017 (28669 Views)

Glo Salary Structure: How Much Does Globacom Pay Their Staff Monthly? / Salary Structure Of Nigerian Lecturers: Annual Salary Of Nigerian Lecturers / Top 100 Best Nigerian Companies As At 2017- (1) (2) (3) (4)

(0) (1) (2) (3) (4) (Reply) (Go Down)

Re: Pay Structure of Most Nigerian companies as at February 2017 by Philadelphia: 8:57am On May 24
What's the pay for officers (Sub-Lieutenant) in the Nigeria Navy?
Please verified sources only.

1 Like

Re: Pay Structure of Most Nigerian companies as at February 2017 by Welcomme: 9:01am On May 24
sirvvy:
Please any idea if Nigeria Brewery Company allow internship for undergraduates?
Yap they allow. My friend did his internship there. But they allow just for 3months. Kaduna precisely. Don't know for Lagos or Ibadan.
Re: Pay Structure of Most Nigerian companies as at February 2017 by Beewhy01(m): 9:08am On May 24
pls, any information about vitafoam entry levey?
Re: Pay Structure of Most Nigerian companies as at February 2017 by majekdom2: 9:13am On May 24
ednut1:
the experience and exposure them go give u cannot be quantified. pple dey spend 3 years der go to other companies to become deputy/assitant manager or even managers self. while it wud take pple that started in those companies 7-10 years to bcom manager
agreed... . Shell will give you about the same experience and training. There are some top positions that are usually exclusive to individuals that joined at entry level. Point is, these consulting firms ought to raise their bars.
Re: Pay Structure of Most Nigerian companies as at February 2017 by chaley(m): 9:14am On May 24
What of LNG?

1 Like

Re: Pay Structure of Most Nigerian companies as at February 2017 by Nobody: 9:16am On May 24
Definitely not true for KPMG.
Re: Pay Structure of Most Nigerian companies as at February 2017 by Mixty: 9:31am On May 24
singlessubway:
[font=Times New Roman] i

Oil and gas

Shell (SPDC) N667,000 (permanent), N250,000 to N500,000 (contract
Exxon Mobil N1million
Total Oil N1million
Mobil Oil Nigeria N500,000
Mobil Producing Nigeria N700,000 – N800,000
Schlumberger N500,000
Chevron

There is no difference between ExxonMobil and Mobil Producing Nigeria. It is one and the same company.

So how come ExxonMobil and Mobil Producing Nigeria have different figures?
Re: Pay Structure of Most Nigerian companies as at February 2017 by DJInfluence: 9:33am On May 24
singlessubway:
[font=Times New Roman]

Oil and gas

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

Not surprise at what the guys here are earning. no wonder, everybody dey look for oil work. But OP and others that might know, i have a question;

Does this include those attendants in filling stations? i assume they are part of the oil and gas group.
Re: Pay Structure of Most Nigerian companies as at February 2017 by cooldood(m): 9:34am On May 24
singlessubway:
if you are looking to get an idea of how much some popular Nigerian companies pay their entry-level staff (i.e. newly employed fresh graduates), then you’re just on the right thread.

Read on to see the exact figures that these companies pay.
Bear in mind, however, that the information on this thread is subject to sudden change, so some figures may no longer be correct. In addition, even though we’ve tried our best to ensure that the figures and estimates are correct, we admit that the information here can’t be 100% accurate.


Banking

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


Oil and gas

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


Manufacturing

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


Electrical/Electronics

General Electric N300,000+
Huawei Technologies N200,000
Tecno Mobile N120,000
Ericsson N88,000
EEDC Eastern Electric Distribution Company N350,000
PHCN N79,000 (excluding bulk rent and pay leave allowance


Auditing and consulting

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


Telecommunications

MTN Nigeria N180,000 – N250,000
Globacom N120,000
Airtel Nigeria N100,000??
MainOne. N150,000

Others

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


Additional points to note

Listed figures are for professional, permanent staff, not contract staff or ETOPs (except otherwise stated).

Some figures represent net total with tax deductions, while some represent salary without tax deductions.

All values are for monthly pay (not annual).

Oil exploration companies pay at least N500,000 for entry level employees, while servicing companies pay at least N200,000.


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.

Most bank employees don’t get to earn the figures listed because the figures are for professional staff, whereas 75% of bank staffs are contract staff who don’t earn up to one-third of the figures listed. So, don’t be surprised to know that most “bankers” don’t earn as much as the listed figures.


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

Actual salaries may vary slightly depending on qualification and unit.

Most companies offering seemingly low salaries bolster their pay with juicy allowances.

Help us make this thread better

If you think some figures on this threas are wrong or outdated, kindly help us with the corrections (and provide proof!). Similarly, if you know the entry level salaries of some companies that are missing on this list, kindly let us know, and we’d be eager to add them to the list.


http://www.nairaland.com/3179141/entry-level-salaries-nigerian-companies

So in other words, and in dollar terms,

Banking

Union Bank N180,000/N258,000 (US$480/688 per month)
Guaranty Trust Bank N209,000 (US$557)
Diamond Bank N240,000 (N80,000 for trainees) ($640)
United Bank for Africa N142,000 ($379)
First Bank N150,000 + allowances worth around N150,000+ ($400)
Access Bank N237,000 ($632)
Enterprise Bank N249,000 ($664)
Keystone Bank N127,000 excluding allowances ($339)
Fidelity Bank Plc N180,000 ($480)
Skye Bank N104,000 ($277)
FBN Capital N400,000+ ($1,067)


Oil and gas

Shell (SPDC) N667,000 (permanent) ($1,779), N250,000 to N500,000 (contract
Exxon Mobil N1million ($2,667)
Total Oil N1million ($2,667)
Mobil Oil Nigeria N500,000 ($1,333.33)
Mobil Producing Nigeria N700,000 – N800,000 ($1,867)
Schlumberger N500,000 ($1,333.33)
Chevron N750,000+ ($2,000)
Halliburton N375,000 ($1,000)
IOCs E&P (upstream) N600,000 to N1million ($2,500)
Independents E&P (upstream) N300,000 – N600,000 ($1,600)
Multinational oil servicing N300,000 – N600,000 ($1,600)
Tier 2/ Indigenous oil servicing N200,000 – N400,000 ($1,067)
Tier 1 downstream N200,000 – N400,000 ($1,067)
Tier 2 downstream N150,000 – N200,000 ($533)
NNPC N190,000 ($506.7)
DPR N190,000 ($506.7)
PPPRA N190,000 ($506.7)
NestOil Plc N150,000?? ($400)


Manufacturing

PZ Cussons N145,000 (RDM i.e. sales) ($387)
Meristem N100,000+ with profit sharing ($267)
Guinness Nigeria N120,000 – N160,000 ($427)
Dangote Sugar N150,000 ($400)
Dangote Cement N140,000 ($373)
Nigerian Bottling Company N148,000 – N160,000 ($400)
Cadbury Nigeria Plc N130,000 ($347)
Frigoglass N50,000 ($133)
Nigerian Breweries Plc N350,000 ($933)
Lafarge N90,000 excluding allowances ($240)


Electrical/Electronics

General Electric N300,000+ ($800)
Huawei Technologies N200,000 ($533)
Tecno Mobile N120,000 ($320)
Ericsson N88,000 ($235)
EEDC Eastern Electric Distribution Company N350,000 ($933.3)
PHCN N79,000 (excluding bulk rent and pay leave allowance


Auditing and consulting

KPMG N171,000 b.t. (non-chartered ET)/ N145,000 (non-chartered ETOP) ($456)
PWC N140,000 (non chartered) ($373)
Deloitte N150,000 a.t. ($400)


Telecommunications

MTN Nigeria N180,000 – N250,000 ($667)
Globacom N120,000 ($320)
Airtel Nigeria N100,000?? ($267)
MainOne. N150,000 ($400)

Others

P&G N200,00+ ($533)
INEC N77,000 (including allowances) ($205)
PAL N77,000 ($205)
Multichoice N40,000 – N70,000 ($205)

Now tell me why there wont be recession in a country like this, where their expenses are largely driven by dollar exchange rate which has practically over-doubled between 2014 and 2017 (155 to $1, and now 375 to $1) and prices have been adjusted to reflect this, yet, most of my people's income can barely pay for their professional exams.lol. Vacation is dollar denominated, ACCA, CFA, CCNA, etc are dollar denominated, food items within the country are dollar denominated, transport fare- dollar denominated, fuel- dollar denominated, yet salary remain flat. We never see anything, 9ja wont get out of recession till 2019, take it or leave it, cos 2018 is political risk year, no investor will put their money down for anything, when purchasing power has been completely eroded.

i laugh at 9ja in spanish.

7 Likes 1 Share

Re: Pay Structure of Most Nigerian companies as at February 2017 by ceejayluv(m): 9:39am On May 24
point of correction... Frigoglass pays 55k to graduate trainess and circa 120k pre-tax and deductions for graduate entry level.
Re: Pay Structure of Most Nigerian companies as at February 2017 by Negro1986(m): 9:49am On May 24
Point of correction: Dangote cement transport pays 60 thousand naira and not 140k for graduate entry positions ,ie bsc, HND etc ...
Re: Pay Structure of Most Nigerian companies as at February 2017 by rozayx5(m): 9:50am On May 24
list looks accurate





cool
Re: Pay Structure of Most Nigerian companies as at February 2017 by mzjennypher(f): 9:56am On May 24
Pls i need to change jobs pls who can assist me. Graduate and done with mba.
Re: Pay Structure of Most Nigerian companies as at February 2017 by ebuka1993(m): 10:09am On May 24
WalkerMichael:
Thanks for this info op. Is this a monthly or annual thing please shocked

Monthly
Re: Pay Structure of Most Nigerian companies as at February 2017 by ebuka1993(m): 10:11am On May 24
cooldood:


So in other words, and in dollar terms,

Banking

Union Bank N180,000/N258,000 (US$480/688 per month)
Guaranty Trust Bank N209,000 (US$557)
Diamond Bank N240,000 (N80,000 for trainees) ($640)
United Bank for Africa N142,000 ($379)
First Bank N150,000 + allowances worth around N150,000+ ($400)
Access Bank N237,000 ($632)
Enterprise Bank N249,000 ($664)
Keystone Bank N127,000 excluding allowances ($339)
Fidelity Bank Plc N180,000 ($480)
Skye Bank N104,000 ($277)
FBN Capital N400,000+ ($1,067)


Oil and gas

Shell (SPDC) N667,000 (permanent) ($1,779), N250,000 to N500,000 (contract
Exxon Mobil N1million ($2,667)
Total Oil N1million ($2,667)
Mobil Oil Nigeria N500,000 ($1,333.33)
Mobil Producing Nigeria N700,000 – N800,000 ($1,867)
Schlumberger N500,000 ($1,333.33)
Chevron N750,000+ ($2,000)
Halliburton N375,000 ($1,000)
IOCs E&P (upstream) N600,000 to N1million ($2,500)
Independents E&P (upstream) N300,000 – N600,000 ($1,600)
Multinational oil servicing N300,000 – N600,000 ($1,600)
Tier 2/ Indigenous oil servicing N200,000 – N400,000 ($1,067)
Tier 1 downstream N200,000 – N400,000 ($1,067)
Tier 2 downstream N150,000 – N200,000 ($533)
NNPC N190,000 ($506.7)
DPR N190,000 ($506.7)
PPPRA N190,000 ($506.7)
NestOil Plc N150,000?? ($400)


Manufacturing

PZ Cussons N145,000 (RDM i.e. sales) ($387)
Meristem N100,000+ with profit sharing ($267)
Guinness Nigeria N120,000 – N160,000 ($427)
Dangote Sugar N150,000 ($400)
Dangote Cement N140,000 ($373)
Nigerian Bottling Company N148,000 – N160,000 ($400)
Cadbury Nigeria Plc N130,000 ($347)
Frigoglass N50,000 ($133)
Nigerian Breweries Plc N350,000 ($933)
Lafarge N90,000 excluding allowances ($240)


Electrical/Electronics

General Electric N300,000+ ($800)
Huawei Technologies N200,000 ($533)
Tecno Mobile N120,000 ($320)
Ericsson N88,000 ($235)
EEDC Eastern Electric Distribution Company N350,000 ($933.3)
PHCN N79,000 (excluding bulk rent and pay leave allowance


Auditing and consulting

KPMG N171,000 b.t. (non-chartered ET)/ N145,000 (non-chartered ETOP) ($456)
PWC N140,000 (non chartered) ($373)
Deloitte N150,000 a.t. ($400)


Telecommunications

MTN Nigeria N180,000 – N250,000 ($667)
Globacom N120,000 ($320)
Airtel Nigeria N100,000?? ($267)
MainOne. N150,000 ($400)

Others

P&G N200,00+ ($533)
INEC N77,000 (including allowances) ($205)
PAL N77,000 ($205)
Multichoice N40,000 – N70,000 ($205)

Now tell me why there wont be recession in a country like this, where their expenses are largely driven by dollar exchange rate which has practically over-doubled between 2014 and 2017 (155 to $1, and now 375 to $1) and prices have been adjusted to reflect this, yet, most of my people's income can barely pay for their professional exams.lol. Vacation is dollar denominated, ACCA, CFA, CCNA, etc are dollar denominated, food items within the country are dollar denominated, transport fare- dollar denominated, fuel- dollar denominated, yet salary remain flat. We never see anything, 9ja wont get out of recession till 2019, take it or leave it, cos 2018 is political risk year, no investor will put their money down for anything, when purchasing power has been completely eroded.

i laugh at 9ja in spanish.


Bros u get time o

8 Likes

Re: Pay Structure of Most Nigerian companies as at February 2017 by galantino1: 10:15am On May 24
Absolutely incorrect , pls do your research all over again as figures stated are far below
Re: Pay Structure of Most Nigerian companies as at February 2017 by ePUNK: 11:01am On May 24
your analysis is laden with lunacy....you just created an impression for dependents on people that work is some of the establishments you mentioned.,...they will always be saying things like ..."see am ..him dey collect plenty money but his too stingy"
Re: Pay Structure of Most Nigerian companies as at February 2017 by kingzizzy: 11:20am On May 24
Philadelphia:
What's the pay for officers (Sub-Lieutenant) in the Nigeria Navy?
Please verified sources only.

I dont know about the Navy but I heard that a 2nd Lieutenant is about 125k while a Lieutenant is about 180k

A Major General is about 1 million a month.
Re: Pay Structure of Most Nigerian companies as at February 2017 by edey2real: 11:27am On May 24
singlessubway:
if you are looking to get an idea of how much some popular Nigerian companies pay their entry-level staff (i.e. newly employed fresh graduates), then you’re just on the right thread.

Read on to see the exact figures that these companies pay.
Bear in mind, however, that the information on this thread is subject to sudden change, so some figures may no longer be correct. In addition, even though we’ve tried our best to ensure that the figures and estimates are correct, we admit that the information here can’t be 100% accurate.


Banking

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


Oil and gas

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


Manufacturing

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


Electrical/Electronics

General Electric N300,000+
Huawei Technologies N200,000
Tecno Mobile N120,000
Ericsson N88,000
EEDC Eastern Electric Distribution Company N350,000
PHCN N79,000 (excluding bulk rent and pay leave allowance


Auditing and consulting

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


Telecommunications

MTN Nigeria N180,000 – N250,000
Globacom N120,000
Airtel Nigeria N100,000??
MainOne. N150,000

Others

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


Additional points to note

Listed figures are for professional, permanent staff, not contract staff or ETOPs (except otherwise stated).

Some figures represent net total with tax deductions, while some represent salary without tax deductions.

All values are for monthly pay (not annual).

Oil exploration companies pay at least N500,000 for entry level employees, while servicing companies pay at least N200,000.


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.

Most bank employees don’t get to earn the figures listed because the figures are for professional staff, whereas 75% of bank staffs are contract staff who don’t earn up to one-third of the figures listed. So, don’t be surprised to know that most “bankers” don’t earn as much as the listed figures.


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

Actual salaries may vary slightly depending on qualification and unit.

Most companies offering seemingly low salaries bolster their pay with juicy allowances.

Help us make this thread better

If you think some figures on this threas are wrong or outdated, kindly help us with the corrections (and provide proof!). Similarly, if you know the entry level salaries of some companies that are missing on this list, kindly let us know, and we’d be eager to add them to the list.


http://www.nairaland.com/3179141/entry-level-salaries-nigerian-companies

Ericsson don't pay such amount. Is that for claims or bonuses?
Re: Pay Structure of Most Nigerian companies as at February 2017 by Bimpe29: 12:07pm On May 24
There can never be a satisfactory pay package.
Re: Pay Structure of Most Nigerian companies as at February 2017 by Oyinda32(m): 12:33pm On May 24
singlessubway:
if you are looking to get an idea of how much some popular Nigerian companies pay their entry-level staff (i.e. newly employed fresh graduates), then you’re just on the right thread.

Read on to see the exact figures that these companies pay.
Bear in mind, however, that the information on this thread is subject to sudden change, so some figures may no longer be correct. In addition, even though we’ve tried our best to ensure that the figures and estimates are correct, we admit that the information here can’t be 100% accurate.


Banking

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


Oil and gas

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


Manufacturing

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


Electrical/Electronics

General Electric N300,000+
Huawei Technologies N200,000
Tecno Mobile N120,000
Ericsson N88,000
EEDC Eastern Electric Distribution Company N350,000
PHCN N79,000 (excluding bulk rent and pay leave allowance


Auditing and consulting

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


Telecommunications

MTN Nigeria N180,000 – N250,000
Globacom N120,000
Airtel Nigeria N100,000??
MainOne. N150,000

Others

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


Additional points to note

Listed figures are for professional, permanent staff, not contract staff or ETOPs (except otherwise stated).

Some figures represent net total with tax deductions, while some represent salary without tax deductions.

All values are for monthly pay (not annual).

Oil exploration companies pay at least N500,000 for entry level employees, while servicing companies pay at least N200,000.


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.

Most bank employees don’t get to earn the figures listed because the figures are for professional staff, whereas 75% of bank staffs are contract staff who don’t earn up to one-third of the figures listed. So, don’t be surprised to know that most “bankers” don’t earn as much as the listed figures.


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

Actual salaries may vary slightly depending on qualification and unit.

Most companies offering seemingly low salaries bolster their pay with juicy allowances.

Help us make this thread better

If you think some figures on this threas are wrong or outdated, kindly help us with the corrections (and provide proof!). Similarly, if you know the entry level salaries of some companies that are missing on this list, kindly let us know, and we’d be eager to add them to the list.


http://www.nairaland.com/3179141/entry-level-salaries-nigerian-companies



OP what about Zenith Bank? Please update this info ASAP..

Thanks
Re: Pay Structure of Most Nigerian companies as at February 2017 by horlando30: 12:40pm On May 24
takenadoh:
Well I don't know where u got ur info from Schlumberger doesn't pay 500k for starters.
it is less than half and depends on the department or unit.
Like Geoservices is about 100 n smth k for


You are wrong man, schlumberger has upto 23 segments. Trust me a new entry level permanent could even earn way more than that. Depending on your segments and contract. Segments such as westerngeco/PTS etc
Re: Pay Structure of Most Nigerian companies as at February 2017 by sirvvy: 12:53pm On May 24
Welcomme:
Yap they allow. My friend did his internship there. But they allow just for 3months. Kaduna precisely. Don't know for Lagos or Ibadan.
alright, but any idea if they conduct exam for the internship or is it 'connection' ? Thanks
Re: Pay Structure of Most Nigerian companies as at February 2017 by Sunnyja: 1:10pm On May 24
singlessubway:
if you are looking to get an idea of how much some popular Nigerian companies pay their entry-level staff (i.e. newly employed fresh graduates), then you’re just on the right thread.

Read on to see the exact figures that these companies pay.
Bear in mind, however, that the information on this thread is subject to sudden change, so some figures may no longer be correct. In addition, even though we’ve tried our best to ensure that the figures and estimates are correct, we admit that the information here can’t be 100% accurate.


Banking

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


Oil and gas

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


Manufacturing

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


Electrical/Electronics

General Electric N300,000+
Huawei Technologies N200,000
Tecno Mobile N120,000
Ericsson N88,000
EEDC Eastern Electric Distribution Company N350,000
PHCN N79,000 (excluding bulk rent and pay leave allowance


Auditing and consulting

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


Telecommunications

MTN Nigeria N180,000 – N250,000
Globacom N120,000
Airtel Nigeria N100,000??
MainOne. N150,000

Others

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


Additional points to note

Listed figures are for professional, permanent staff, not contract staff or ETOPs (except otherwise stated).

Some figures represent net total with tax deductions, while some represent salary without tax deductions.

All values are for monthly pay (not annual).

Oil exploration companies pay at least N500,000 for entry level employees, while servicing companies pay at least N200,000.


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.

Most bank employees don’t get to earn the figures listed because the figures are for professional staff, whereas 75% of bank staffs are contract staff who don’t earn up to one-third of the figures listed. So, don’t be surprised to know that most “bankers” don’t earn as much as the listed figures.


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

Actual salaries may vary slightly depending on qualification and unit.

Most companies offering seemingly low salaries bolster their pay with juicy allowances.

Help us make this thread better

If you think some figures on this threas are wrong or outdated, kindly help us with the corrections (and provide proof!). Similarly, if you know the entry level salaries of some companies that are missing on this list, kindly let us know, and we’d be eager to add them to the list.


http://www.nairaland.com/3179141/entry-level-salaries-nigerian-companies
can you help the public with that of construction sector.
Re: Pay Structure of Most Nigerian companies as at February 2017 by darley(m): 1:44pm On May 24
Glo is 1M per annum i.e #83,333.33 before tax and pension is deducted so where did you get 120k from?
Re: Pay Structure of Most Nigerian companies as at February 2017 by CHERIPH: 2:00pm On May 24
what of BAT Nigeria ?
Re: Pay Structure of Most Nigerian companies as at February 2017 by SAMTOBIJU(m): 2:23pm On May 24
Dangote cement is #85,000 4 entry level with high probability dat u might be kicked out within 2years.they sack pple anyhow dia. pls who as an idea about hw much IBEDC pays?
Re: Pay Structure of Most Nigerian companies as at February 2017 by AdeKamal(m): 2:29pm On May 24
Hope kidnapping will not be instigated by this..! May God bless us with good jobs..
Re: Pay Structure of Most Nigerian companies as at February 2017 by lilreese: 2:51pm On May 24
Man must hustle
Re: Pay Structure of Most Nigerian companies as at February 2017 by objobj: 3:13pm On May 24
OP THANKS
I need you to carry out some little research work for us if you are in lagos.
not free anyway. so reach out to me pls.
Re: Pay Structure of Most Nigerian companies as at February 2017 by GoodBoi1(m): 7:34pm On May 24
Last time I got concrete info about Andela entry level salary, it was 90k, not sure though

(0) (1) (2) (3) (4) (Reply)

Olufolake Solanke Celebrates Her 85th Birthday (Photos) / Female Commercial Okada Rider In Surulere, Lagos (Pictured) / Which Company(ies) Takes Their Staffs Abroad For Training?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (0) (1) (2) (3) (4) (5) (6) (7) (8) (9)

Nairaland - Copyright © 2005 - 2017 Oluwaseun Osewa. All rights reserved. See How To Advertise. 260
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.