Are you curious to know the highest paying jobs in Nigeria today? If you just said yes to the above, then you are at the right place!
Below this page, you will find the list of best paying jobs in Nigeria in 2020, ranging from the common to the uncommon ones.
Highest Paying Jobs in Nigeria
- Aeronautic Engineering
- Medical Doctor
- Investment Banking
- Petroleum Engineering
- Telecommunication Engineering
1.) AeroNautic Engineering
- Salary Range: N300,000 – N700,000 every month
Aerospace or aeronautic engineering is one of the top paying.
The Engineers in this field are concerned with the building, designing and assembling of aircraft.
They also service and maintain aircraft so as to ensure that each and every part of the plane is working perfectly.
It will interest you to know that there is no Nigerian University offering this course till date, which means you have to travel abroad if you are passionate about working with airplanes.
How much do Aerospace engineers earn?
On average, a typical Nigerian aerospace engineer earns salary ranging from N300,000 – ₦700,000 in a month or up to N11 million per year.
Why do Aerospace engineers earn huge salaries and allowances?
Aeronautic engineers are paid generously due to the fact that their job is very delicate, technically-demanding and requires being careful.
Should in case they make any mistake at the design, building, or assembling stage, millions of lives would be exposed to serious risks while flying the plane on air.
- Salary Range: ₦200,000 – ₦600,000/month
Surgeons are medical doctors who have been thoroughly trained and licensed to carryout both generalized and specialized surgeries on the needing patients.
They are the ones who perform different kind of surgeries or operation on patients whose health condition requires being operated upon.
Surgeons also spend enough time in preparing for surgeries, reviewing files and conversing with patients. That being said, these set of medical doctors receive huge amount of money on a monthly and yearly basis, making their job one of the best paying.
How much do Surgeons earn?
There are various factors that determine the take home of surgeons in Nigeria [such as their years in service and the sector they work with; private or public], but on average a Nigerian surgeon can earn between ₦200,000 – ₦600,000 in a month.
Why do Surgeons earn huge salaries and allowances?
As earlier said, surgeons are concerned with the performing of surgeries or operations on different kinds of patients in the operating room.
Any single mistake during the surgery process can be life threatening and can lead to serious health conditions or even death.
Therefore, it can be said that surgeons are heavily paid because of the high level of carefulness, accuracy, and efficiency required while carrying out their job.
- Salary Range: N300,000 – 1,500,000 Naira
Pilots are the professionals specifically trained to control an aircraft using its directional flight controls. Their job is to transport passengers and goods from one airport to the other.
Without any doubt, aircraft flying is one of the professions Nigerians value and respect so much, probably due to the rigorous training process it entails to become a certified Nigerian pilot.
In fact, the vast majority of the pilots in Nigeria studied abroad and spent millions of naira before becoming a full-fledged pilot in the nation.
How much do Pilots earn?
The amount to be earned as a Nigerian pilot may vary depending on several factors, including the pilot’s years of experience, type rating, the airline, flying hour, present rank, the airline he/she works in, and other basic factors.
It is also worthy to state that pilots are divided into two, namely fixed wings and rotary wings pilots, and there is a slight difference between the amount they collect as salaries and allowances.
A rotary-wing pilot earns higher than a fixed-wing pilot, and in most cases most people begin their aviation career as fixed wing pilots, after which they will garner enough experience and eventually convert to rotary pilots for better remuneration.
Another factor that comes into play when it comes to Pilot’s salary in Nigeria is the airline he/she is working with.
There are numerous airline companies in Nigeria [such as Arik Airline, EAS Airlines, Kabo Air, Qatar Airways, Ethiopian Airlines, Emirates, British Airways, etc.] and they pay different amount of money as salaries and allowances to their pilots.
For instance, Pilots in oil and gas companies like Shell and Chevron are paid in millions of naira while those working in other industries earn relatively lower amount.
Regardless of the position, grade or level of experience, an entry level pilot in Nigeria earns at least N200,000 and the figure increases as he/she garners more experience in the profession.
For clarity sake, we’d like to give you a rough estimate of Nigerian pilots salaries based on type rating, and they are as follows:
i.) Commercial Pilot License (CPL): an entry-level pilot or a fresh pilot who have been licensed by the Nigerian Civil Aviation Authority (NCAA) and has no Type Rating earns about N200, 000 – N600,000 in a month, depending on the airline company.
ii.) First Officer (FO) and Senior First Officer (SFO): This is the first stage after type rating. First officer pilots and Senior First Officers earn between N350, 000 –N900, 000, depending on basic factors like the airline company they work with, their level of professional experience, and the number of hours they fly in a month.
iii.) The Authority: These set of pilots are often regarded as captain. They take home N500, 000 – N1, 500, 000 every month as salaries, minus other bonuses and allowances.
The amount to be earned monthly or annually depends on fundamental factors like the airline he/she works with as well as the aircraft he/she captains. For instance, a pilot captaining Cessna cannot earn the same salary with someone captaining a B737 aircraft.
Yes, pilots are making huge amount of money, even more than most other professions in Nigeria, but the bitter truth is that becoming a professional pilot requires mouthwatering costs.
On average, you will spend close to 10 million naira on tuition fees and other essential expenses before you could be certified as a pilot in Nigeria. It’s worth the money anyways.
Why do Pilots earn huge salaries and allowances?
Pilots are paid handsomely due to the higher level of risk and rigorous training process associated with their profession.
They spend huge amount of money, underwent series of training, and sacrificed many things before they could be trusted with the lives of passengers boarding the aircraft.
Again, transporting people through the air is a very delicate task such that a single mistake by the pilot could result in colossal loss of lives and properties, and this is yet another reason they earn hugely.
- Salary Range: N150,000 – N600,000
Discussing the top paying jobs in Nigeria without featuring pharmacy would render this article shallow and incomplete.
To start with, pharmacists or chemists are healthcare professionals who are dedicated to discovering, preparing, reviewing and prescribing of medical remedies or drugs to sicknesses and diseases.
They also reinforce safe administration of drugs and other food supplements to promote overall well being of the public. There are myriads of places where pharmacy may be practiced, including communities, hospitals, pharmaceutical industry, private firms, as well as government-owned parastatals.
Above all, pharmacy is among the most paying jobs in Nigeria and also one of the most respected professions in the world at large. No wonder the number of pharmacy applicants keeps increasing lately in most institutions.
How much do Pharmacists earn?
The salaries of Pharmacists in Nigeria may vary due to several factors like level of experience, work level, organization or place of work, expertise, among other salient factors.
For instance, an entry level pharmacist earns salary that is relatively lower than what a chief pharmacist receives monthly, likewise pharmacists working in federal hospitals tend to earn higher than those working in private institutions.
That being said, there are numerous places a pharmacist can work [such as hospitals, ministries, agencies, Universities, research centres, etc.], and this in return influences the monthly take home. Here’s a rough estimate of pharmacist’s salaries in various establishments:
i.) Self-Employed Pharmacist: these are pharmacists that establish a personal pharmaceutical store for rendering their services rather than working with any other private or public institution.
A strategically-located standard pharmacy shop can yield ₦75,000 upwards on a monthly basis, depending on the expertise and prowess of the owner.
ii.) Pharmacists in Government hospitals/organizations: As a pharmacist, the best places to work are government-owned hospitals and organizations, and this is majorly because they remunerate their pharmaceutical staffs handsomely – both the state and federal institutions.
The salary structure for hospitals is on Consolidated Health Salary Structure (CONHESS) and the entry level is CONHESS 9, which is often reviewed within 3 to 5 years.
Federal parastatals like federal medical centers, naval hospitals, army hospitals, air force, etc. pays between ₦120,000 – ₦170,000 to their new entry-level pharmacists while state hospital pharmacists start with about ₦150,000.
The higher your level of experience and qualification the higher your salary would increase, which means you could build your monthly take home to almost half a million or beyond in a couple of years.
With that being said, it will interest you to know that the highest paying hospital in Nigeria is the Federal Neuropsychiatric hospital in Lagos who pays entry level pharmacists as high as #250,000 – #300,000 in a month.
iii.) Pharmacists working with Multinational companies: some multinational companies in Nigeria hire pharmacists and pay them between #200,000 and #650,000 on a monthly basis, depending on myriads of factors like qualification, additional professional certificates, etc.
iv.) Pharmacists in Academia: The education industry is yet another sector that pharmacists can work in.
The salary structure for academics is Consolidated University Academic structure (CONAUSS), but the exact amount to be received monthly depends on the level of activity the lecturer engage in, years of experience, current rank, the university he/she works in, location of the institution, etc.
Here’s a quick break down of salaries paid to Pharmacists working as lecturers in state or federal universities per month:
- Lecturer II [CONUASS 3] ₦160,000 – ₦195,000
- Lecturer I [CONAUSS 4] ₦200,000 – ₦250,000
- Assistant lecturer [CONAUSS 5] ₦265,000 – ₦335,000
- Senior lecturer [CONAUSS 5] ₦300,000 – ₦450,000
- Reader [CONAUSS 6] ₦375,000 – ₦500,000
- Professor [CONAUSS 7] ₦460,000 – ₦620,000
v.) Pharmacists working with Regulatory Agencies: they are paid between ₦90,000 ₦125,000 monthly.
vi. Locum Pharmacist: Average salary per month is between ₦30,000 – ₦50,000.
vii. National Youth Service Corps (N.Y.S.C) pharmacist: these are pharmacists currently observing their mandatory one-year youth service in the nation.
They are paid up to ₦30,000 in a month while some organizations might also pay bigger amount.
Why do Pharmacists earn huge salaries and allowances?
Pharmacy is among the professions with lowest unemployment rate in Nigeria, which shows how much they are needed in the nation.
Therefore, some of the reasons why they are paid hugely is the fact that they are currently in high demand, and that they help provide cure to certain diseases and sicknesses through their expertise and experience.
5.) Medical Doctor
- Salary Range: N200,000 to N900,000
Coming next on the list of top paying jobs in Nigeria is the medical profession.
Medical doctors are among the top earners and most-respected in the country. They provide healthcare services to people in
How much do medical doctors earn?
Basically, medical doctors earn an average of N200,000 in a month, minus other allowances and multiple job earnings. The pay increases as your year increases in the profession.
It is equally important to pinpoint that medical doctors in government establishments earn higher amounts than those in private set ups. Again, the salary structure of medical doctors in Nigeria is governed by 2 bodies;
- The Consolidated Medical Salary Structure (CONMESS) for those working in hospitals
- The Consolidated University Academic structure (CONAUSS) for those in the universities and academic industry. Here’s a breakdown of the salaries paid to medical doctors after completing medical school in Nigeria:
i.) Housemanship Doctor’s salaries: this is a compulsory one-year service specifically designed for newly inducted medical doctors to work with existing medical doctors in order to enable them garner some experiences in their chosen field.
The average amount paid to medical doctors at this level ranges between N110, 000 – N130, 000 per month, depending on the hospital.
ii.) NYSC Doctors’ Salaries: this is yet another compulsory one-year service for new medical doctors which comes immediately after their house job. Depending on multiple factors, NYSC medical doctors may earn between N50, 000 – N150, 000 during their service year.
iii.) Post-NYSC Doctor’s Salaries: Immediately after the 1-year NYSC programme, medical doctors are placed in line with positions that best matches their areas of specialization, and of course their salary differs.
Resident doctors earns between N110,000 – N250,000 while junior resident doctors earns between N190, 000 – N280, 000 and medical consultants receive N550,000 – N850,000 as take home.
Having said that, it will interest you to know that medical doctors are also liable to certain financial benefits and allowances aside from their major salary, and this includes Specialist Allowance, Call Duty Allowance, Teaching Allowance, Hazard Allowance, Rural posting allowance, etc.
Why do medical doctors earn huge salaries and allowances?
There are numerous reasons why medical doctors are being heavily paid, among which is the fact that medicine and surgery students spend more money and years in school than most other courses offered in Nigerian varsities.
Their course is also part of the most competitive and strenuous courses to study in the nation. In fact, research shows that the vast majority of medical students are unable to graduate due to inability to meet the least requirements of the course during their stay on campus, which shows how tough the course is.
More importantly, medical doctors earn hugely because they deal with human lives, and also because there are a lot of risk associated with their possession.
6.) Investment Banking
- Salary Range: N210,000 – N550,000
An investment banker is a professional, who helps in managing people’s investment portfolio, assist public and private establishments in raising funds in the capital market.
They also help people with their expertise and experience so as to make sure they make sound and informed investment decisions.
As they do this on a regular basis, they are being paid bountifully and also receive mouthwatering bonuses.
Some of the typical firms investment bankers work with includes banks, consulting firms, investment advisory as well as asset management companies.
How much do investment bankers earn?
On average, investment bankers earn about ₦210,000 – ₦550,000 on a monthly basis, and the salary depends on myriads of factors, especially the certification and years of experience in the investment field.
Why do investment bankers earn huge salaries and allowances?
Investment is a very risky game, but to help mitigate the risk and ensure their clients make the very best investment decision, investment bankers offer dependable advices based on their wealth of experiences and analysis of the trends in the market.
Doing this requires a lot of mental work as well as great analysis, and thus the need to pay them handsomely set in.
7.) Petroleum Engineering
- Salary Range: N300,000 – N1,000,000
Petroleum engineers are employed in the oil and gas or other related industries to help in designing, testing, and deploying the means of extracting petroleum from the site.
One thing about Petroleum engineers is that their job is not only a high paying engineering profession in Nigeria, but also one of the highest paying for entry level alongside other similar fields like Geology and Geophysics.
It will interest you to know that Petroleum engineers are not limited to the oil and gas sector as there are some of them who work with other engineering fields like civil and the likes.
How much do Petroleum Engineers earn?
Salaries of petroleum engineers depend largely on many factors, including the company’s revenue, years of experience, current rank or level, and time on the job.
The average salary of a petroleum engineer in Nigeria is around N1million monthly and N12million annually.
That being said, here’s a rough estimate of salaries some top companies pay their petroleum engineers:
i.) Shell Nigeria: Shell is the largest, old-serving, and one of the highest paying oil companies in Nigeria.
The renowned oil company boasts of more than 6000 employees [with 85% of its staff members being Nigerians] and provides about 21% of our daily supply of petroleum.
Shell pays between N150,000 to N500,000 to its entry level staffs, N600,000 to N1,000,000 to Experienced Petroleum Engineers, as well as N2,000,000 to N3,000,000 to the plant managers.
ii.) Total E&P: This is yet another top-ranked oil and gas company in Nigeria. Staffs working with Total E&P earn between N7, 000, 000 – N12, 000, 000 annually, depending on the rank/position, job specification, location, and some other basic factors.
iii.) Schlumberger Nigeria: this Lagos-headquartered popular oil and gas firm in Nigeria pays between N250,000 to N350,000 monthly to her Entry Level staffs while the Experienced Petroleum Engineers and Plant managers earn N400,000 to N500,000 and N600,000 to N1,000,000 respectively, depending on certain factors.
iv.) Exxon-Mobil Nigeria: This is one of the top 3 biggest oil companies in Nigeria. Exxon-Mobil offers a flexible job description for aspiring petroleum engineers and remunerates them handsomely.
The company pays entry level petroleum engineers between N200,000 to N400,000 monthly while those with considerable years of experience earn N400,000 to N600,000 in a month.
v.) Total: The French company is one of the biggest oil companies in the world and also one of the highest paying oil companies in Nigeria.
As an entry level petroleum engineer in this oil company, you will earn between N200,000 – N500,000 on a monthly basis, while your salary would be between N500,000 – 800,000 as ab experienced engineer.
See the amount paid by other oil companies to entry level petroleum engineers below:
- Oando Nigeria: N150,000 – N500,000 monthly.
- NLNG (Nigeria Liquefied Natural Gas): N100,000 to N500,000 monthly
- Conoil Salary: N100,000 to N400,000 monthly
- Saipem: N110,000 to N430,000 monthly
- Halliburton: N150,000 to N500,000 monthly
Why do Petroleum Engineers earn huge salaries and allowances?
The oil and gas industry in Nigeria is a multibillion-dollar industry, and virtually all the employees therein are well remunerated, including the petroleum engineers.
Another thing is that these engineers undergo series of rigorous activities while carrying out their duties, and they are exposed to a lot of hazards –all of which justifies why they are being paid heavily.
Math, Physics and Chemistry are the main subject combination for utme candidate looking to study Petroleum engineering in the university.
- Salary Range: #200,000 to #1,600,000 Naira per month
There is no way we could talk about the best paying jobs in Nigeria without mentioning the sailor profession.
Simply put, a sailor is someone who works on a ship or sails a boat.
This profession is one of the highly prestigious in the nation and is respected by all and sundry.
How much do Sailors earn?
The salary earned as a Nigerian sailor depends on basic factors like the rank of the officer and years of experience in the industry.
The higher the rank the higher the take home and other bonuses and allowances.
- Admiral – #1,300,000 – #1,600,000 Naira per month
- Vice Admiral – #1,150,000 – #1,330,000 Naira per month
- Rear-Admiral – #900,000 – #1,100,000 Naira per month
- Commodore – #600,000 – #800,000 Naira per month
- Captain – #300,000 – #600,000 Naira per month
- Commander – #200,000 – #250,000 Naira per month
Why do Sailors earn huge salaries and allowances?
Sailors are paid huge amount of money as a result of the optimum expertise and caution required on their side to safely sail a ship.
They also earn big due to the fact that their number is quite lower than what is required in the nation at large.
9.) Telecommunication Engineering
- Salary Range: #150,000 – #1,000,000
Being a Telecommunications engineer is yet another high paying job in Nigeria.
Engineers in this field are saddled with myriads of engineering activities in the telecommunication sector, including Installations and maintenance of the software and hardware devices in a Telecommunication company, designing and installing of equipment used for transmitting wired phone, cellular, cable as well as broadband data.
These and more are what Telecommunications engineers do.
How much do telecommunications engineers earn?
Although there are numerous factors that determine salaries earned by telecommunications engineers, but they averagely rake in between ₦150,000 – ₦1,000,000 on a monthly basis.
Why do telecommunications engineers earn huge salaries and allowances?
The telecommunications industry is one of the fastest growing industries in Nigeria, and a lot of changes and innovation are being introduced almost every day, which ultimately increases the need for telecommunication engineers as well as their salaries.
There are quite a number of highest paying jobs that we have in Nigeria.
Most of them are in the medical, engineering (mostly oil company related) and telecom industry.
So if you are looking to gain admission and want to work in a well paid company, you should know the courses you should study.
Chemical Engineers seems to not be in demand in Nigeria these days. Employers keep putting up Mechanical, Electrical and Petroleum.
You take note of that except getting job isn’t your priority. But things might change once the Dangote refinery is up and running.