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List of Entry Level Salaries For Nigerian Companies

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 List of Entry Level Salaries For Nigerian Companies

For record purposes, while some salary figures on these page might have changed, we did everything possible to be accurate in knowing how much companies in Nigeria pay their entry level workers or fresh graduates.

A lot of graduates and job seekers are inquiring on how much is paid by Nigerian companies on a start level. If ’re probably one seeking to get an idea of how much is the entry-level salaries of some Nigerian companies, then this writeup is sincerely . We have covered in this article, the current salary for entry-level employees in most Nigerian companies, with the estimated exact figures.

Nigerian companies are very innumerable and with these numbers, they offer lots of oppurtinities to newly-minted graduates. These graduates when employed are put into the Entry-Level Salary scale, which is their starting salary in the company.

A lot of these job seekers of these oppurtunities are looking for the salary pay these companies pay on entry, and in response to their queries, we have write on the entry-level salary of employees in varied list of companies in the country.

There are many companies in Nigeria: from the local, national to the multinationals, they operate in many sector of the economy: in banking, marketing, oil and gas, engineering, construction, entertainment, telecommunications, and manufacturing. There are many number of independent public and private companies which falls under these categories; Oil and gas companies, telecoms and lot of banks, all are well equiped with the working personels. We will aim at examining all these company’s entry-level salary for their new intakes.

Comprehensive List of Entry Level Salaries For Nigerian Companies (2020)

The entry level salaries of Nigerian companies and agencies are shown in the table below according to the various sectors.

Oil and Gas

This sector is the highest-payer in terms of the volume of salary they pay their employees. Here is a rundown of the entry-level salaries of the petroleum industry multinational companies;

CompanyEntry-level Salary
Exxon MobilN1million
Mobil Oil NigeriaN500,000
Mobil Producing NigeriaN700,000 – N800,000
Shell (SPDC)N667,000 (permanent), N250,000 to N500,000 (contract)
Schlumberger­N500,000
Total OilN1million
ChevronN750,000+
HalliburtonN375,000
Independents E&P (upstream)N300,000 – N600,000
Multinational oil servicingN300,000 – N600,000
Tier 2/ Indigenous oil servicingN200,000 – N400,000
Tier 1 downstreamN200,000 – N400,000
Tier 2 downstreamN150,000 – N200,000
NNPCN190,000
DPR­N190,000
PPPRAN190,000
NestOil PlcN150,000

Banking

The Banking sector is another companies category. Below is the entry-level salaries of these banking firms;

CompanyEntry-level Salary
Union BankN180,000/N258,000
Guaranty Trust BankN209,000
Diamond BankN240,000 (N80,000 for trainees)
United Bank for AfricaN142,000
First BankN150,000 + allowances worth around N150,000+
Access BankN237,000
Enterprise BankN249,000
Keystone BankN127,000 excluding allowances
Fidelity Bank PlcN180,000
Skye BankN104,000
FBN CapitalN400,000+

Manufacturing

The manufacturing industries consists of companies in the production line. Here are the entry-level salaries for top companies in this sector;

CompanyEntry-level Salary
PZ CussonsN145,000
MeristemN100,000+ with profit sharing
Guinness NigeriaN120,000 – N160,000
Dangote SugarN150,000
Dangote CementN140,000
Nigerian Bottling CompanyN148,000 – N160,000
Cadbury Nigeria PlcN130,000
Frigoglas­N50,000
Nigerian Breweries PlcN350,000
LafargeN90,000

Electrical/Electronics

This category consists of companies in the Electrical and Electronics sphere. Phone dealers and Electronics firms are the leading companies here. Below is the entry-level salary structure for these companies;

CompanyEntry-level Salary
General ElectricN300,000+
Huawei TechnologiesN200,000
Tecno MobileN120,000
EricssonN88,000
EEDC Eastern Electric Distribution CompanyN350,000
PHCNN79,000 (excluding bulk rent and pay leave allowance)

Auditing and Consulting

There are also companies in Nigeria which operates on auditing and consulting. Below are these companies and their salary for entry-level employees;

CompanyEntry-level Salary
KPMGN171,000
PWCN140,000 (non chartered)
DeloitteN150,000

Telecommunications

The Telecom industry houses all the network providers and the communication firms. Below is the broad list of companies in this category with their respective entry-level salary;

CompanyEntry-level Salary
MTN NigeriaN180,000 – N250,000
GLOBACOMN120,000
Airtel NigeriaN100,000
INECN77,000
PALN77,000
MultichoiceN40,000 – N70,000

That’s the our list of companies in Nigeria and their corresponding entry-level salary for new employees. However, these figures are current as at when this post was updated, but there may be further changes by any of these companies. We will subsequent to this update you on the current entry-level salary for workers in Nigerian companies.

Please note that few figures here speak to net aggregate with charge derivations, while some are salary without additions. All these figures are for monthly scheduled salary compensation not yearly.

Oil companies pay at any rate N500,000 for new level workers, while a some organizations pay in the rate of N200,000 on a monthly schedule. These companies pay as per international principles in light of the fact that their workers can be sent to anyplace on the globe. This clarifies why they pay the most significant and voluminous salary in the country.

Avionics, that is the aviation industries, pay somewhere in the range of N600,000 and N800,000.

Most bank workers don’t get the opportunity to gain the figures recorded on the grounds that the figures are for proficient staff, while 75% of bank staffs are contract staff who don’t win to 33% of the figures recorded. However, the exact and genuine pay rates may differ somewhat from this ones, but they will be close in this range.





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