₦airaland Forum

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Love800:
What do you mean by corporate nigeria?

Corporate Nigeria is a phrase used to describe companies - local and foreign, multinationals and other organisations within the formal sector of the economy that employs people for salaries and wages.

idahme:
You seem not to get it, I'm talking of 30m per month not annually, my friend's and i and in that circle of 7 digits monthly but 30m is way off, not many organizations can pull that stunt in Nigeria thats what I'm saying. You thought i said 30 m annually , read my comments again.

The thread mentioned 1 mil monthly....that was my predicate.

Aggroundnut:
Yes I have a shop inside market,I sell in bags,

Bag of groundnut, beans and rice, I started 2021 with 400,000. After I have worked and gather money.

To God be the glory,I have 3shops and I'm doing very well as a business man, I receive more Dan a million every month.but note, I deprived myself from many things wen I dey start the business

Most especially women.

Pls how do u make profit selling in bags from your food business

pocohantas:
Is it ghosts on Nairaland?😃
Is it not the relatives, friends, husbands and wives of people working in these organisations?

The reason Nigerians hide their pay is black tax and insecurity. I wanted to go ask my friend the name of her firm and the pay range, but I remembered she tried to help submit my CV years ago and do you know she refused to tell me the salary expectation? She didn't want me to do the Maths and get her range. All she kept saying is they pay more than banks.

Too bad then. I guess it boils down to personal traits. Also bad that companies don't state their ranges online (always "it is competitive " ) and there is a dearth of information regarding the same topic. How person wan take negotiate when one does not know the bearings?

chai!

Karleb:
I deliberatly ignored this comment initially but seeing it again, I don't want to pass at the opportunity of calling that bros a village man again.

Lol, I'm so shocked he could say that. There are people even earning N3m monthly, you'd be amazed.

GloriousGbola:
Also, in this iteration of Nairaland, professionals are a minority. You will find yourself arguing over things that are self evident.

You will either be accused of being a liar, or some bad belle pipu will start stalking you and praying for your downfall

Normal...
I totally forgot the Nairaland factor.😃

[quote author=Hamsaini post=133798067][/quote]Can you teach me this your business please

folake4u:
Lol, I'm so shocked he could say that. There are people even earning N3m monthly, you'd be amazed.

I have an ex colleague who started a new position with 2m /month last year. And dude has been promoted

Full time employees in mid size oil companies with small seniority are easily pulling down 1m. Most structured companies have likely increased salary in the wake of inflation

Aggroundnut:
Do business, and you will make above 1million monthly

True talk

Start small and grow big

I mk moredan that monthly

I deal on grains

I have a shop inside market,I sell in bags,

Bag of groundnut, beans and rice, I started 2021 with 400,000. After I have worked and gather money from were I worked

To God be the glory,I have 3shops and I'm doing very well as a business man, I gain more Dan a million every month.but note, I deprived myself from many things wen I dey start the business

Most especially women.

can you teach me this your business please

FameGlory:
Please do.

I'm in Nigeria but I make money in Dollars.

That's the only way to earn such monthly.

Can u assist me with any amount for foodstuffs please 🙏

Sirchiboy:
Connect me to high paying job and take my life savings of 200k

Where lies your strength?

What value can you offer an organisation in return for 200k....or more?

GloriousGbola:
I have an ex colleague who started a new position with 2m /month last year. And dude has been promoted

Full time employees in mid size oil companies with small seniority are easily pulling down 1m. Most structured companies have likely increased salary in the wake of inflation

Nice.

Even some renowned NGOs pay their staff mouth watering salaries.

And like you said, most of these structured companies do salary review yearly due to inflation.

As of today, 1m is around $600, and a lot of companies pay far more than that, especially in Lagos. At the end of the day, nothing pays than being your own Boss.

Gerrard59:
It is an anonymous forum. People spill out more on Reddit. Why our own thing too dey different?

Indeed it is an anonymous forum. But[b] I choose[/b] to be more general than specific in my posts. A little research online will provide you with incontrovertible results regarding the pay structure in many sectors of the economy.

Because you don't know, doesn't mean is not real. NGO workers earn good salaries in this country. My brother just no dey argue again

Nazgul:
Yet another braggat.

The question I asked is so simple that even a primary school student can easily answer it.

No one cares if you earn 100m a month. Just list Nigerian owned companies that pay their staffs 1m above. Simple as ABC. Una go de brag up and down.

Have you ever worked in the cooperate world before? To even see 500k there and collect sef na war. And you're here saying you know over 50 people earning over 1m.

Even for foreign companies, if you remove oil companies how many foreign companies can you point that pays up to 1m? Microsoft that even hit the 1m mark has left the country. How many are left. Huge companies like Twitter and Facebook don't have physical offices in Nigeria. So what are you saying?

If you can't name the companies, don't quote me.

Drella:
Wow
Can you share your career path?

I started from banking industry but now with a multinational company.

My dear say what you know.

People earn as high as 8.5m monthly here in Naija.

My out station allowance for a day is far beyond the range of salary you mentioned.

If your not making above 1m, know that some people are making far more than that.

Nazgul:
Name the company that pays such. Nigerian owned company. Most of you guys on this site make claims you can't defend.

If you must know, most entry level jobs in Nigeria today range from between 150k-200k

To even earn 500k sef you'll have spent a considerable number of years and gained relevant experience.

Una go just de argue for nothing.

How many Nigerian owned companies have declared sustained profit in the last 3 years that they want to pay their staffs 1m and above?

Smokeybrain:
I started from banking industry but now with a multinational company.

Thanks.

But I meant the role you hold e.g Portfolio manager, Assets manager, Investment banker etc.

Childofaking:
If you are talking about entry levels, i will agree with you that not many companies can afford to pay entry level officers that much.
But for middle level and senior staff, N1M is becoming very very small now. N1M is not more than $700 now. Thats is pathetic.

Middle level workers and above in banks, oil companies, FMCGs , Big 4 audit firms and many other companies all earn far above that.

For middle level workers, how many years of experience are we looking at?

one4GOD:
but monthly salary can never make you rich if you like earn 3M monthly

My brother.

I think it's about investment and taking CALCULATED risks.

SSpeter:
2 million Naira monthly in Nigeria cannot make you rich.

It may seem absurb to the next person.

But I believe you.

Nazgul:
No company in Nigeria can pay you such amount monthly unless your business is recording a tremendous amount of success or you're earning in USD.

That's the only way you can hit the 1m mark monthly.

go and ask some bankers.... Don't say what you don't know.

Chidolalar:
Pls how do u make profit selling in bags from your food business

I buy many

[quote author=Hamsaini post=133798067][/quote]I buy from north transport it to south, and sell

That's all

Just have good contact over der

Love800:
So lawyers are this rich? I thought they were poor and struggling to survive!

I even read here, when a thread concerning courses that are good to read in tertiary institutions, and some nairalanders were saying that law is one of the most useless course in Nigeria!

Obviously not all lawyers will be poor.
Some will be lucky to work with a high paying firm. Some will be lucky to get high paying clients.

Demand outweighs supply, but the ones making it are making it.

Nazgul:
More rantings without any poof to back up your claims.

I doubt if you've ever worked in the cooperate environment. If you have, you won't be making this blind argument. Do you know how much desiel is? Then electricity, tax, miscellaneous...etc.

Do you know the operational cost of running a company in Nigeria today? Most of these people spend billions monthly to keep the business afloat. What is the current spending power of Nigerians that the company would record ground breaking profit to be able to pay an average staff 1m?

Look at kuda, OPAY and palmpay. These companies have millions of customers and record daily transactions reaching billions of naira. Yet I can tell you that the average salary of their staff isn't up to 300k per month. And you're here talking about 1m.

Like I said you know nothing about the cooperate environment. And this would be my last reply to you.

Private school teacher for Ikorodu dey collect 1.5M per month bro?🙂

azpekuliar:
I have a full time 9-5 job in the private sector that pulls in N400,000 a month. I also augment that with Web3/crypto that pulls in N1m a month PASSIVELY.

Baba please, hit me up on telegram @papiloh
Please I need to learn something from you, help a brother.

Shankpa:
Don't be ignorant man. I have a friend, an investment banker with a Nigerian Bank doing over 2m, also a couple of guys in these online banks cashing out. No dey jonz your self.

You mean Nigerian bank as in Stanbic, First bank?

Nazgul:
No company in Nigeria can pay you such amount monthly unless your business is recording a tremendous amount of success or you're earning in USD.

That's the only way you can hit the 1m mark monthly.

if u don't end this poverty mentality how would u ever be successful, you'll only die poor.. Where I work, about 4 ppl minus the MD earns over 1.5m..funny thing it's a one man's business but a very big company.. I don't want to mention names here.. Most HODs there earn from 700k-1m.. Bro pray to God to put u in a position where u would enjoy, there are life changing jobs in this country, not even multinationals, indigenous companies..

ibawon:
As of today, 1m is around $600, and a lot of companies pay far more than that, especially in Lagos. At the end of the day, nothing pays than being your own Boss.

Oga if I earn such money I. Could combine it with my own business and even grow faster... Multiple streams of income is encouraged... Doing salary work doesn't stop one from owning a business.. It is jobs that like this that can make one have a profitable business.

Afolue:
agreed, but can’t be the usual grace. Na Nigeria we dey

Why are you so pessimistic in your thoughts and approach to everything. You need a change in mindset if you want to make such. You can't have this mindset and expect money to flow to you.