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What Is The Highest Monthly Salary Of Someone You Know In Nigeria? - Career (7) - Nairaland

Nairaland Forum / Nairaland / General / Career / What Is The Highest Monthly Salary Of Someone You Know In Nigeria? (84298 Views)

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Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Gamesmart: 12:16pm On Sep 16, 2018
kolaaderin:
My father was on 4m/m as far back as 2004. I know of his friend in Mobil on 10m/m before he retired in 2008, u can imagine the status take home of those in this positions now.
My present chief TH in telecom is presently on 7m/m as a Nigerian. As for me my Annual is in pal with his monthly, Gods grace i will be there in my career. Salary dropping like 30 billion Gang.

What is "TH"?

Is that a SM, GM or Exec level in telecoms?
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Revolva(m): 12:17pm On Sep 16, 2018
Dem don come now de guve us lies and lies

my uncle also de earn 5million a month
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Gamesmart: 12:18pm On Sep 16, 2018
geezyk:
An MD in one of these new oil and gas firms earn over 300 million as salary per month. how do I know?

My brother works in H.R department.

Nonsense!
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Gamesmart: 12:20pm On Sep 16, 2018
dulphines:
My boss = $32,000/month

What industry?

What job title?
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by BIXYBABE: 12:20pm On Sep 16, 2018
mine ix 10k

1 Like

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Kingjoe7: 12:21pm On Sep 16, 2018
SarakiBukola:
$10,000 ....na USD ooo.
He was 34, at the peak of the dollar crisis was raking in like 5 million Naira

Open secret : United Nations pay very well wink
yeah bro,especially as a foreign staff,70% of ur kids school fees,drugs etc..
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by condomuser: 12:21pm On Sep 16, 2018
My combined income is N42m/month doing many things, if you know you know.

2 Likes

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Gamesmart: 12:24pm On Sep 16, 2018
Gogetta:
He is an expatriate. The senior partner & MD in one of the top 3 management consulting firms.

If I may ask, how do you know he makes N550m p/a?
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Eruditerichy(m): 12:25pm On Sep 16, 2018
Victor Moses,he earns 300M per month
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Gamesmart: 12:27pm On Sep 16, 2018
Hedonini:
.. Still doesn't justify the salary. Not even a quarter of it. He can't possibly earn higher than the global CEO of a top 20 company of the Fortune 500. Tell me how much the top partners of any of the Big 4 (in top tier countries) earn....

I smell corporate governance abuse because even CEOs of Deloitte earn less than $300k ANNUALLY., while partner salaries at Arthur Andersen range from $481,010-$516,000 ANNUALLY (Source: https://www.glassdoor.com/Salary/Arthur-Andersen-Partner-Salaries-E342339_D_KO16,23.htm).

So how come a partner here in shithole Nigeria would be earning over $10m annually according to you?

Something must be really wrong with this country.

His figures stated per annum, not per month.

So that comes to about $1.5m per year.
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by hopefulLandlord: 12:28pm On Sep 16, 2018
Martinez19:
Lol. Don't mind him. The same Samuel Ekueme that was scamming people back in the days and even recently claims he is earning about 600k per month? grin

Cc. HardMirror, frank317 and hopefulLandlord.

Well well welll
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by HardMirror(m): 12:30pm On Sep 16, 2018
Martinez19:
Lol. Don't mind him. The same Samuel Ekueme that was scamming people back in the days and even recently claims he is earning about 600k per month? grin

Cc. HardMirror, frank317 and hopefulLandlord.
lol
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by airsaylongcon: 12:31pm On Sep 16, 2018
Bolustical:
Read about Sola David-Borha, CEO Stanbic who earns around 177m per annum.

Omo, I calculated it per day, it's almost 485k per day shocked

I personally know of friends in the telecoms who earn around 2.8m.

These are good salaries but the CEO of a company in PH goes home with nothing less than a billion in bonuses. That's not including his salaries and allowances o

3 Likes

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by vision202020: 12:37pm On Sep 16, 2018
Butterflyleo:


I currently own a piggery in Ogun state.. Started small but now large. That's where my first figures regarding monthly earnings come from.

Just acquired some additional hectares for expansion into other arms of agriculture. Adding heliculture and short term crops. Will introduce perennial farm crops like plantain gradually as I phase out the short term crops eventually after getting my desired target and probably further expand.
Nice one. What about if I start goat farming here. Am currently in the North and people here don't eat pork.
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by mechanics(m): 12:38pm On Sep 16, 2018
Simonrom:
My uncle's boss earns 4m/m
hmmmmm.
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by kozmicity: 12:38pm On Sep 16, 2018
airsaylongcon:


1.6m pre tax for a Senior Manager? Life is really unfair. That figure is the post-tax take home for entry level grad in a Nigerian company
Which company is that?
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Gamesmart: 12:40pm On Sep 16, 2018
airsaylongcon:


These are good salaries but the CEO of a company in PH goes home with nothing less than a billion in bonuses. That's not including his salaries and allowances o

You are a bloody idiot!

6 Likes

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Gamesmart: 12:41pm On Sep 16, 2018
kozmicity:

Which company is that?

He has been asked that by 5 different people but is yet to respond and is still making stupid claims.

2 Likes

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Gamesmart: 12:42pm On Sep 16, 2018
Majesticniyi:
My 3rd level boss....3.5million.


Me: nothing even close to that grin

In what industry?

What rank?
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by chiscodedon(m): 12:42pm On Sep 16, 2018
No really I heard, them talk.... Know a contract staff, company name withheld, very cool and calm, not proud man... He earns 670k per month...
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by JayJayGee: 12:51pm On Sep 16, 2018
gare:


What about your uncle ? How much does he earn
una sabi fyn trouble
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by misterjosh(m): 12:53pm On Sep 16, 2018
geezyk:
An MD in one of these new oil and gas firms earn over 300 million as salary per month. how do I know?

My brother works in H.R department.


MODIFIED

To all doubting Thomas' believe what you may, you only know about the scope of your view, I won't prove anything to you..

Hmmmm, that's mind blowing. That's over $830,000 using 360naira to a dollar. Over $208,000 per week. More than what some first team footballers in top flight make. That's a super salary anywhere in the world.
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Butterflyleo: 12:55pm On Sep 16, 2018
vision202020:

Nice one. What about if I start goat farming here. Am currently in the North and people here don't eat pork.

Well you would need to consider a lot of factors when it comes to goats.

I chose pigs because they are large breeders so wouldn't take long to have them in large numbers unlike goats that breed either in singles or in twos.

Also you need to consider the kind of goat you wish to breed.

Thirdly, the north already has a lot of goat breeders so you need to make your price extremely competitive and hopefully source for a steady supplier down south eventually.

Would you be willing to wait the period of time it would take for the goats to be mature?

Also instead of just selling live goats, you can kill, cut up and repackage for sale as packaged goat meat. This is what I do too. Packaged pork meat as attached as well as live

3 Likes

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Nobody: 12:56pm On Sep 16, 2018
splash809:
This tread is too rich. I can't relate.
I'm out of here.
Bros abeg wait for me

1 Like

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by gare(f): 12:59pm On Sep 16, 2018
JayJayGee:

una sabi fyn trouble


Na your uncle, wetin concern you.

1 Like

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by teemanbastos(m): 1:00pm On Sep 16, 2018
Wonderful Comments here but I'm amazed.
High Income Earners have their income based on time, security, accommodation allowances.
The companies and FG pay more is that they pay for your time(unexpected travelling etc , then security risks)..

For Nigeria now, Monthly President earns over N2 000 000(not sure) ,A Senator earns N750 000,A governor has a basic pay of N700 000, then Professors earn about N500 000..Top civil servants earn close to N500 000
These are the high earners in Nigeria Civil service.
Any other funds could come from allowances that may ensue from THEIR SERVICES TO THE COUNTRY. Maybe Buhari wants to travel abroad with some ministers, governors, the State pays the allowances attached etc, also Accommodation allowances are paid for these people too.. So normally o, if you earn above N200 000 in Nigeria, you're rich. If the economy was very good, with N200 000 you could build a decent bungalow. But I believe we are getting there when you wouldn't even need to earn 100,000 to live a comfortable life.

For Private Sector, Salaries are based on profits and personal agreements that staff make with them.
So here you could either be earning very high or not depending on the value you attract.

How do I know gauge someone's salary? Look at his spread, and what he is managing, Salaries are graded according to the number of things you are managing and involved in. Someone who sells to 10 people only and someone who sells to 10 000 people cannot earn the same thing, someone who is providing a service to or for 1 000 000 people and another that is providing a service to or for 150 000 people cannot earn the same.

In Short don't be too moved by money, someone that is earning 2M/month didn't just start earning it, he started from earning maybe as low as 20k/month and kept on and kept on... High earners are people who have reached the pinnacle or are in top spots of their respective careers.
Rome wasn't built in a day.

But you know for 9ja we too like to dey show off, but let's be real with ourselves so that we stop living in debts or engaging in fraudulent activities just to 'be among'.. Nothing like wealth with peace of mind.

17 Likes

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by kozmicity: 1:00pm On Sep 16, 2018
Gamesmart:


He has been asked that by 5 different people but is yet to respond and is still making stupid claims.
Na dem dey rush am cheesy
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by kozmicity: 1:01pm On Sep 16, 2018
osomegbe:
i should be earning 10-15M in the next ten years as a farmer.

That's not bad, agriculture tends to be lucrative these days... that is, if you're not lying...
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Nobody: 1:07pm On Sep 16, 2018
Martinez19:
grin
You sef no believe abi?

1 Like

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by airsaylongcon: 1:07pm On Sep 16, 2018
Gamesmart:


You are a bloody idiot!

Idiot?! Why?! Why are you condescending to insults? Because I didn't provide the name of the company? I have a non-disclosure agreement which prohibits me from mentioning the name. I already mentioned the city the company is located so you'd do yourself the favour of researching them out.

Please try to be polite irrespective of the means of communication. You never know where it will get you.

10 Likes

Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by airsaylongcon: 1:09pm On Sep 16, 2018
Gamesmart:


He has been asked that by 5 different people but is yet to respond and is still making stupid claims.

I don't make stupid claims. I saw a physical copy of the company's offer letter. I don't need to prove anything to u. Suffice it to say that the company collects one waste product of oil production and process it for sale
Re: What Is The Highest Monthly Salary Of Someone You Know In Nigeria? by Adexonpoint(m): 1:13pm On Sep 16, 2018
Bola Tinubu,chief Governor of lagos earns 650million/month.He later queried Ambode to increase it by 25% but he (Ambode) refused,nah wetin cos the fight bdat

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