How much does an average Nigerian earn?

Living Wage Individual in Nigeria averaged 42500 NGN/Month from 2015 until 2018, reaching an all time high of 43200 NGN/Month in 2018 and a record low of 41800 NGN/Month in 2015. Nigeria Living Wage Individual – values, historical data and charts – was last updated on November of 2021.

How much does an average Nigerian earn monthly?

Average Salary of Workers in Nigeria 2021: The average monthly salary a worker in Nigeria earns is about N516, 995 including transport, housing, and other benefits. The salary is different, depending on the kind of job.

How much do you need to live comfortably in Nigeria?

Summary about cost of living in Lagos, Nigeria: Family of four estimated monthly costs are 1,951$ (799,542₦) without rent. A single person estimated monthly costs are 534$ (218,790₦) without rent. Lagos is 63.01% less expensive than New York (without rent).

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What is the average salary in Lagos Nigeria?

Salary rankings by profession

Job type Median salary (USD) Salary ranking compared to all cities
IT Manager $30,979 200/265
Electrical Engineer $30,570 171/265
Nurse $30,139 134/265
Business Analyst $29,930 184/265

How much does an average graduate earn in Nigeria?

Top Nigeria Graduates & Alumni Salaries – By Degree

Degree Average Salary Full Access
Bachelor of Arts $58,000 Get full report
Masters in Science $57,000 Get full report
Bachelor (Other) $46,000 Get full report
Bachelor of Science $35,000 Get full report

What is a good income in Nigeria?

Living Wage Individual in Nigeria is expected to reach 40100.00 NGN/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Living Wage Individual is projected to trend around 40100.00 NGN/Month in 2021, according to our econometric models.

How much is rent in Nigeria?

Cost of living in Nigeria chart

Accommodation (monthly rent)
Three-bedroom apartment in city centre NGN 400,000
Three-bedroom apartment outside of city centre NGN 80,000
One-bedroom apartment in city centre NGN 150,000
One-bedroom apartment outside of city centre NGN 40,000

How much is a house in Nigeria in US dollars?

Cost of Accommodation in Nigeria versus The USA

Apartment Type Cost of Apartment in the US Cost of Apartment in Nigeria
1 Bedroom Apartment (Metropolitan Areas) 467,576.76 Naira (1,289.87 Dollars) 219,750.00 Naira (606.21 Dollars)
1 Bedroom outside the metropolis. 371,062 (1,023.62 dollars) 123,794 Naira (341 Dollars)

What can you buy with 50000 Naira?

20 Businesses You Can Start With 50,000 Naira in Nigeria

  • Baking Business.
  • Fast food Business.
  • Plantain Chips Business.
  • Selling Drinks and Water.
  • Small Scale Farming.
  • Smoked Fish Business.
  • Soap Production.
  • Home and Beauty Products.
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What is the lowest paying job in Nigeria?

Here’s a rundown of the ten jobs that are among the lowest paying in Nigeria.

  • Top 10 Lowest Paying Jobs in Nigeria 2020.
  • Marketing Job. …
  • Maids and Cleaners. …
  • Private school teacher. …
  • Laundry and Dry-Cleaning Workers. …
  • Manicurists and Pedicurists. …
  • Bartenders. …
  • Waiters and Waitresses.

How much is a waiter paid in Nigeria?

Salary range for the majority of workers in Waiters – from ₦23,436 to ₦58,127 per month – 2021. A Waiters typically earns between ₦23,436 and ₦73,925 net per month at the start of the job. After 5 years of service, this is between ₦24,262 and ₦70,124 per month for a working week of 44 hours.

Which is the highest paid job in Nigeria?

Highest Paying Jobs in Nigeria and their Salary

  1. Surgeons. Due to the critical nature of their job, Surgeons top the list of the highest paying jobs in Nigeria. …
  2. Pilots. …
  3. Judges. …
  4. Medical Doctor. …
  5. Sailor. …
  6. Lawyers. …
  7. Petroleum Engineer. …
  8. Military Officer.

How much would it cost to build a house in Nigeria?

This article has provided an insight into the cost of building a house in Nigeria and tips you can use to effectively save costs. In sum, you will need about 12 to 17 million Naira to build a standard 3-bedroom bungalow, depending on your location in the country and other factors.

What is the salary of level 8 in Nigeria?

If you belong to the grade level 08 in the Nigerian army, you can expect to be paid the monthly salary of #130, 000.

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What is entry level salary in Nigeria?

Entry level employees in oil exploration companies receive salary of at least N500,000 while those in servicing companies receive at least N200,000.

Entry Level Salaries of Nigerian Companies and Agencies.

COMPANY/AGENCY ENTRY LEVEL SALARY
PWC N140,000 (non-chartered)
Deloitte N150, 000 a.t.
Telecommunications
MTN Nigeria N180,000-N250,000

What is a good salary in Lagos Nigeria?

Employees in Lagos, Nigeria earn an average of ₹31lakhs, mostly ranging from ₹7lakhs per year to ₹50lakhs per year based on 63 profiles. The top 10% of employees earn more than ₹50lakhs per year.