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

List of Entry Level Salaries For Nigerian Companies (2020)

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This post contains the entry level salaries of Nigerian companies and agencies. If you are looking to know what Nigerian Breweries starting salary is? or even the salary of NNPC staff fresh graduate or any other sector in Nigeria, you will find them on this page.

entry level salary of 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 you’re probably one seeking to get an idea of how much is the entry-level salaries of some popular Nigerian companies, then this writeup is sincerely for you. 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;

Company Entry-level Salary
Exxon Mobil N1million
Mobil Oil Nigeria N500,000
Mobil Producing Nigeria N700,000 – N800,000
Shell (SPDC) N667,000 (permanent), N250,000 to N500,000 (contract)
Schlumberger­ N500,000
Total Oil N1million
Chevron N750,000+
Halliburton N375,000
Independents E&P (upstream) N300,000 – N600,000
Multinational oil servicing N300,000 – N600,000
Tier 2/ Indigenous oil servicing N200,000 – N400,000
Tier 1 downstream N200,000 – N400,000
Tier 2 downstream N150,000 – N200,000
NNPC N190,000
DPR­ N190,000
PPPRA N190,000
NestOil Plc N150,000

Banking

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

Company Entry-level Salary
Union Bank N180,000/N258,000
Guaranty Trust Bank N209,000
Diamond Bank N240,000 (N80,000 for trainees)
United Bank for Africa N142,000
First Bank N150,000 + allowances worth around N150,000+
Access Bank N237,000
Enterprise Bank N249,000
Keystone Bank N127,000 excluding allowances
Fidelity Bank Plc N180,000
Skye Bank N104,000
FBN Capital N400,000+

Manufacturing

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

Company Entry-level Salary
PZ Cussons N145,000
Meristem N100,000+ with profit sharing
Guinness Nigeria N120,000 – N160,000
Dangote Sugar N150,000
Dangote Cement N140,000
Nigerian Bottling Company N148,000 – N160,000
Cadbury Nigeria Plc N130,000
Frigoglas­ N50,000
Nigerian Breweries Plc N350,000
Lafarge N90,000
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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;

Company Entry-level Salary
General Electric N300,000+
Huawei Technologies N200,000
Tecno Mobile N120,000
Ericsson N88,000
EEDC Eastern Electric Distribution Company N350,000
PHCN N79,000 (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;

Company Entry-level Salary
KPMG N171,000
PWC N140,000 (non chartered)
Deloitte N150,000

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;

Company Entry-level Salary
MTN Nigeria N180,000 – N250,000
GLOBACOM N120,000
Airtel Nigeria N100,000
INEC N77,000
PAL N77,000
Multichoice N40,000 – 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.

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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 up 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.

Conclusion

This is the size of this writeup, as we have been able to outline the entry-level salary (2020) for new graduates/ employees in popular companies in the country. Actual salaries may vary slightly depending on qualification and unit. Most companies offering seemingly low salaries bolster their pay with juicy allowances.

Accurate figures of entry level salary of different Nigerian companies are hard to come buy, but we tried to keep it brief. If you think any of these figures listed above have either changed or outdated, you can help make corrections using the comment section below with evidence. We would also make corrections as deemed fit.

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