Nigeria can be categorized as a country where labor is cheap, with minimum wage fixed at a measly N18 000 ($50). However, one might get lucky after the rigors of the education system to get employed in a Federal Government agency or a private firm – these are the companies that pay well (far higher when compared to the minimum wage).
If you are one of those looking to bag a “juicy” job in the better paying firms, then it is right to know just how much you will be raking in on a monthly basis.
We have for you today, the total take home package (entry-level) of some of these companies and agencies. Please, note that some of these figures are prone to change due to the unstable economic conditions in the country.
OIL AND GAS
- ExxonMobil: ExxonMobil pay their fresh graduate staff as high as a million naira (1,000,000). The CEO (chief executive officer) of ExxonMobil is Darren W Woods.
- Shell Petroleum and Development Commission (SPDC): Contract staffs in SPDC earn between N250,000 to N500,000. While permanent staffs earn N700,000.
- Total Oil: Total oil pays their entry-level staff as high as N1,000,000. Patrick Pouyanne was appointed as the CEO of total oil in 2015.
- Mobil Oil Nigeria: Mobil Oil pays its fresh graduate staff N500,000. The MD of Mobil Oil Nigeria is Adetunji A Oyebanji.
- Chevron: Chevron pays its fresh graduate staff between N750,000 to N800,000 on a monthly basis. Mike Writh is the CEO of Chevron.
- Halliburton: Halliburton pays its entry-level staff N375,00 on a monthly basis. The CEO of Halliburton is Jeff Miller.
- Schlumberger: Schlumberger pays its fresh graduate staff N500,000 every month. The CEO of schlumberger is Paal Kibsgaard.
- Mobil Producing Nigeria: Mobil producing pays its entry-level staff between N700,000 to N800,000 on a monthly basis.
- Multinational Oil Servicing: The total monthly take home pay of Multinational Oil Servicing ranges from N300,000 to N600,000.
- NNPC: The Nigerian National Petroleum Corporation pays its entry-level staff N190,000. The GMD of NNPC is Dr. Maikanti Kacalla Baru.
- DPR: The Department of Petroleum Resources pays its fresh graduate staff N190,000. The Director of Petroleum Resources is Mordecai Ladan.
- FBN Capital: FBN pays its fresh graduate staff N400,000 on a monthly basis. The CEO of FBN Capital is Ike Onyia
- Enterprise Bank: Enterprise bank pays its fresh graduate staff N249,000 on a monthly basis. The Chairman of Enterprise Bank is Ogala Osoka MFR.
- Access Bank: Access bank pays its entry-level staff N237,000 every month. Herbert Wigwe was appointed CEO in 2014.
- Diamond Bank: Diamond Bank pays its fresh graduate staff N240,000 as total package monthly. The CEO of Diamond Bank is Uzoma Dozie.
- Union Bank: Union Bank pays N180,000 monthly to its fresh graduate staff. Emeka Emuwa is the CEO of Union Bank.
- Guarantee Trust Bank: Guarantee Trust Bank pays its fresh graduate staff N209,000 on a monthly basis. The CEO of Guarantee Trust Bank is Segun Agbaje.
- Fidelity Bank Plc: Fidelity Bank pays its fresh graduate staffs N180,000 on a monthly basis. The CEO of Fidelity Bank is Nnamdi Okonkwo.
- First Bank: First Bank pays its entry-level staff N150,000 as basic salary and an additional N150,000 allowances. The CEO of First Bank is Adesola Kazeem Adeduntan.
- United Bank for Africa: UBA pays its fresh graduate staff a monthly salary of N142,000. Kennedy Uzoka is the CEO of the United Bank for Africa.
- Keystone Bank: Keystone Bank pays its entry-level staff a monthly salary of N129,000 excluding allowances. The GMD/CEO of Keystone Bank is Obeahon Ohiwerei.
- Skye Bank: Skye Bank pays its fresh graduate staff a monthly salary of N104,000. Adetokunbo Abiru is the GMD/CEO of Skye Bank.
- Globacom: Globacom pays its entry-level staff N130,000 on a monthly basis. The CEO of Globacom is Mike Adenuga.
- MTN Nigeria: MTN pays its entry-level staff N250,000 on a monthly basis. The Chairman of MTN Nigeria is Pascal Dozie.
- Airtel Nigeria: Airtel Nigeria pays its fresh graduate staff N100,000 every month. The MD/CEO of Airtel Nigeria is Segun Ogusanya.
- Guinness Nigeria: Guinness pays its entry-level staff a monthly take home package of N160,000. The CEO of Guinness Nigeria is Baker Magunda.
- Nigerian Breweries Plc: Nigerian Breweries pays its fresh graduate staff N350,000. The CEO of Nigerian Breweries Plc is Johan Antonie Doyer.
- Dangote Cement: Dangote Cement pays its entry-level staff a monthly salary of N150,000. The CEO of Dangote Cement is Alike Dangote.
- Nigerian Bottling Company: The Nigerian Bottling Company pays its fresh graduate staff a monthly salary of N160,000. The MD of Nigerian Bottling Company is George Polymenakos.
- Cadbury Nigeria Plc: Cadbury Nigeria pays its fresh graduate a monthly salary of N130,000. The MD of Cadbury Nigeria is Muhammad Amir Shamsi.
- PZ Cussons: PZ Cussons pay its entry-level staff a monthly salary of N145,000. The CEO of PZ Cussons is G. Alex Kanellis.
- Dangote Sugar: Dangote Sugar pays its entry-level staff N150,000 on a monthly basis. The CEO of Dangote Sugar is Aliko Dangote.
- Lafarge: Lafarge pays its fresh graduate staff N80,000 every month excluding allowances. Jan Jenisch is the CEO of Lafarge.
- Meristem: Meristem pays its fresh graduate staff N100,000 on a monthly basis in addition to profit sharing. The CEO of Meristem Stockbrokers limited is Saheed Adewale Bashir.
- Frigoglass: Frigoglass pays its entry-level staff N50,000 every month. The CEO is Nikos Mamoulis.
- PHCN: The Power Holding Company of Nigeria pays its fresh graduate staff a monthly salary of N79,000.
- Gneral Electric: General Electric pays its entry-level staff a monly salary of N300,000. John Flannery is the CEO of General Electric.
- Huawei Technologies: Hauwei Texhnologies pays its fresh graduate staff N200,000 on a monthly basis.
- Tecno Mobile: Tecno pays its fresh graduate staffs N120,000 every month. The CEO of Tecno is Nnamdi Ezigbo.
- Ericsson: Ericsson pays its entry-level graduates N90,000 every month. The CEO of Ericsson is Borje Ekholm.
- Eastern Electric Distribution Company: EEDC pays its entry-level staff N350,000 on a monthly basis.
- Multichoice: Multichoice pays its fresh graduate staff N70,000 on a monthly basis. The MD of Multichoice Nigeria is John Ugbe.
- INEC: INEC pays its entry-level staff N77,000 on a monthly basis.
- PWC: PWC pays its entry-level staff N140,000 monthly for non-chattered personnel. Bob Moritz is the Chairman of PricewaterhouseCoopers.
From these figures, it is clear that Oil and Gas workers are the best paid in the country. This is because, most of the companies are foreign owned and operated, and they treat their staffs according to global best practices.
If you see some figures here that you know are not really correct, let us know in the comment section. You can also comment to add the salary of any company you are privy to.