How much is a 'good' salary in Nigerian private sector employment for a mid career professional?

350 to 500

What Police pay

Curse777:
350 to 500

What Police pay

Wow police officers earn that. What rank pls?

500k is a decent pay

Snakedoctor1:


Wow police officers earn that. What rank pls?

That's with allowance but here is police last pay structure

300dollar+

500k for family of 4.
By this standard, over 75% of Nigerians are on poor salary.

What ever that's make you comfortable, what maybe your satisfied maybe the start point for another

Are you sure this is present police pay structure or which year is this I want to check something because #50k as salary in Nigeria of today is too small let's be sincere

For a mid-career professional, and you are earning 550k that's good. All you need is to add an additional source of income like a business you can monitor.

In mid-career, you'll probably have a housing project, you'll have kids in primary and secondary school so You can't depend on a single source of income. You will get broke before the month runs out except if you have a partner who is equally earning good

When you start your own business?

When you start your own business
Stop building someone's else empire build yours

For a mid-career professional, the least salary should be 350,000 net.

Igbo business place 10k

400,000 naira outside Lagos.


400,000 naira in Lagos is a paltry salary.

For a family of four like myself, 500k looks good. Below is how I break it down, on monthly basis.

Food and other provisions - 100k
Rent - 30k
Domestic Water - 10k
Drinking Water - 15k
Electricity - 10k
School fees for two kids (after taking average as 1st term is always higher) - 45k
Car Fueling and Maintenance - 75k
Cooking Gas - 9.5k
Contributory, Gift and Charity - 30k
Clothing - 30k
Occasional Outing With Family - 15k
Medicals - 15k
Save for the rainy day - 50k
Online Skills Learning - 10k
Internet and cable subscriptions - 15k

My expenses on monthly basis are to the tune of N429,500

If you think this is too high, just know that every individual cuts their suit according to their size. Moreover, if this appears too little to barely cater for your monthly provisions, I pray one day I match this type of stability and beyond.

Considering the present economic situation and perpetual inflation in this country, a “good” take home salary in my opinion is at least the naira equivalent of $1000.

NB: I strongly advise the Government to start paying our salaries in US Dollars.

Birniwa:
For a family of four like myself, 500k looks good. Below is how I break it down, on monthly basis.

Food and other provisions - 100k
Domestic Water - 10k
Drinking Water - 15k
Electricity - 10k
School fees for two kids (after taking average as 1st term is always higher) - 45k
Car Fueling and Maintenance - 75k
Cooking Gas - 9.5k
Contributory, Gift and Charity - 30k
Clothing - 30k
Occasional Outing With Family - 15k
Medicals - 15k
Save for the rainy day - 50k
Online Skills Learning - 10k

Una don start with una lies abi? Una no dey tire ni?

30k for contributory gift & Charity? Just talk sey na money wey you take dey bang Hoe.losho monthly.

30K for clothing? So, you buy clothes for your wife & children monthly? Bros, lie no go kill you.

Medicals 15k monthly? Shey you be Sickle Cell patient ni (apologies to all sickle cell carriers).

In summary, you want us to believe that you only save 10% of your monthly earnings? Na him be sey you no suppose to open mouth insult any government official because you too aren't great at managing resources.

Mind you, I also have a family of 4 (myself, my wife & two kids) and we no dey spend reach half of wetin you type there. Make una suffery suffery dey lie for public forum. You guys will keep scaring the fresh & upcoming graduates into thinking that they won't survive.

Haba?

At least 300k for a syart

Salary is useless in Nigeria these days.

8 million

In this present economy, 500k is a fair deal for starters but how many private sectors are ready to even pay you that amount?

Messed up country.

How many jobs pay up to 1M per month?

690k-960k

Earning in US Dollars is the smartest move ever. Many think it is a complicated process. It is not.

If you can do small stuff like writing, data entry stuff online etc

Remember $1000 is now 1million naira, why don't you improve your skills instead of fighting for a 200k job.

No need for anyone to try contact me as I am not offering any service

Anything Above 400 k monthly..
can be managed

Below this is poverty

Tinubu and the APc have successfully erased the middle class..

It's either you are poor or you are wealthy..

ravensckar:
Una don start with una lies abi? Una no dey tire ni?

30k for contributory gift & Charity? Just talk sey na money wey you take dey bang Hoe.losho monthly.

30K for clothing? So, you buy clothes for your wife & children monthly? Bros, lie no go kill you.

Medicals 15k monthly? Shey you be Sickle Cell patient ni (apologies to all sickle cell carriers).

In summary, you want us to believe that you only save 10% of your monthly earnings? Na him be sey you no suppose to open mouth insult any government official because you too aren't great at managing resources.

Mind you, I also have a family of 4 (myself, my wife & two kids) and we no dey spend reach half of wetin you type there. Make una suffery suffery dey lie for public forum. You guys will keep scaring the fresh & upcoming graduates into thinking that they won't survive.

Haba?

God bless you abundantly. Very low percentage of active work force earn a bit above 100k

ravensckar:
Una don start with una lies abi? Una no dey tire ni?

30k for contributory gift & Charity? Just talk sey na money wey you take dey bang Hoe.losho monthly.

30K for clothing? So, you buy clothes for your wife & children monthly? Bros, lie no go kill you.

Medicals 15k monthly? Shey you be Sickle Cell patient ni (apologies to all sickle cell carriers).

In summary, you want us to believe that you only save 10% of your monthly earnings? Na him be sey you no suppose to open mouth insult any government official because you too aren't great at managing resources.

Mind you, I also have a family of 4 (myself, my wife & two kids) and we no dey spend reach half of wetin you type there. Make una suffery suffery dey lie for public forum. You guys will keep scaring the fresh & upcoming graduates into thinking that they won't survive.

Haba?

U dey mind am. 75k for fuel. That one na per week na

The private sector discreetly operate a slavery kind of employment. Some people are paid as low as 30k, I'm talking office secretaries and bsc holders at that. Except you're in tech, if you receive 150k as monthly salary you are getting a good payment.

Anything from 800k

Snakedoctor1:
How much is a 'good' salary in Nigerian private sector employment for a mid career professional?

Always quantify your income in dollars, anything less than $300 is babash