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Top 10 Highest Paying Jobs in Nigeria and their Salaries 2022

Top 10 Highest-Paying Jobs in Nigeria: Any economic role for which a person is compensated is considered a job. This includes salaried work, self-employment, and any other form of direct labor that people do to make a living.

It may appear that the amount of money a person can earn from a job is the most important thing to consider when looking for work. Everyone wishes to be well compensated. Some people would rather be idle or, to put it another way, continue looking for well-paying work than settle for a low-paying one, but others would take the existing employees for the time being while looking for a better one outside. People’s desire for pleasant employment is reflected in this singular mindset. Getting comfortable work implies getting a job that pays well enough to keep you afloat and meet your immediate needs.

Top 10 Highest Paying Jobs In Nigeria

In this article, we will be considering the top 10 Highest paying jobs in Nigeria and their salaries:

Table of Contents

POLITICAL POSITIONS

It may seem strange to classify politics as a career, but the truth is that politics work because it fits within its description. Politics is the study and practice of managing political affairs. It is the entire approach that leads a person into a position of public governance. A politician’s role is to represent the people, protect the public interest, and provide services to the public that are not directly related to the post to which he was elected. A political office holder is compensated on this basis. President, Vice President, Member of the Senate, Member of the House of Representatives, Governor, Deputy Governor, Member of State House of Assembly, Local Government Chairman, and others are examples of elective political offices in Nigeria.

All of the roles listed above are electable. Other political offices are filled through appointment. Ministers, Commissioners, Chiefs of Staff, State Secretaries, High Commissioners and Ambassadors, Ombudsman, Special Advisers, Protocol Officers, and other officials are among them.

In Nigeria, political positions are still among the highest-paying jobs. As we’ve seen in the list of significant political offices above, they’re all salaried positions. Their pay varies depending on the position they hold. Furthermore, they are entitled to monetary compensation for expenses incurred as a result of their services, such as transportation, wardrobe, health, domestic staff, and security personnel.

The president is paid through the Consolidated Revenue Fund. According to President Muhammadu Buhari, the President’s basic pay has been increased to N14,000,000, while the Vice President’s income has been reduced to N2,064,400 per annum. This is on top of several other benefits and allowances.

In Nigeria, a state governor gets around N11,000,000 per year, plus allowances.

The yearly base remuneration for the Senate President is N2,484,242.50, while the Deputy Senate President’s salary is N2,309, 166075, and other senators’ income is N2,026, 400. 00.

Ministers receive a basic salary of around N2,000,000 per year, plus various benefits. Members of the House of Representatives and State House of Assembly earn N4, 334, 942.50 and N2, 049, 843.75 respectively, while Commissioners get N1.33 million.

An interesting fact about political office holders is that their total allowance is far larger than their base wage.

SURGEONS

Surgeons are medical specialists who specialize in carrying out procedures on humans. In order to become a surgeon in Nigeria, one must first complete medical school and obtain an MBBS and a practicing license, then complete horsemanship, following which the doctor chooses a specialty area to focus on during the residency. Being a surgeon necessitates a significant amount of labor and academic involvement. It is not a trip for the faint of heart.

The process’s endpoint, on the other hand, is an external motivation. Surgeons are held in high regard in society. It’s a career that practically everyone admires and wants to be a part of, but not everyone has the financial means to pay the price.

The good news is that your compensation as a surgeon is extremely impressive, and it varies depending on your level and opportunities. Housemanship is when you start earning money. Their compensation ranges from N120,000 to N200,000 there.

The field of surgery appears to be the pinnacle of the medical profession. Performing surgery is always prohibitively expensive. Salaries for surgeons are still determined by whether they work for the federal government, the state government, or the private sector. Surgical salaries in Nigeria range from N300,000 to N1.5 million naira and are higher per month. The compensation is also determined by the field of specialization. Surgeons have the ability to work in a variety of settings. Typically, the majority of their earnings occurs while they are at the pinnacle of their careers.

PETROLEUM ENGINEERS

Petroleum engineers are experts in oil, gas, and other energy resources, as well as everything related to their extraction, production, and use.

Oil and gas are some of Nigeria’s most important sources of revenue. Engineers who work in the oil and gas industry are well-known for their high pay. A five-year intensive academic study in an authorized university’s department of petroleum engineering is required to become a petroleum engineer. The individual must also pass the required professional examination, be certified, and be enrolled in the engineering council.

Petroleum engineers might earn anything from N250,000 to several millions of naira, based on their level of experience and opportunities. Due to a number of issues, the possibility to work as a petroleum engineer in Nigeria is extremely limited.

PHARMACIST

A pharmacist is a person who has completed pharmacy school and is qualified and licensed to practice as a pharmacist. Pharmacists are experts in all aspects of medication production, including their use and side effects. Do you aspire to work as a pharmacist? You must hold a B. Pharm. degree from a recognized university.

In pharmacy, there are various specialized sections. Industrial pharmacy, clinical pharmacy, African Traditional Medicine (ATM), community pharmacy, pharmaceutics, pharmacognosy, pharmacology, and toxicology, among others, are among them. Any of the departments can be chosen as a specialization. Pharmacists have a high-paying profession. Pharmacists’ salaries in Nigeria often range from N150,000 to a million Naira. Clinical pharmacists and industrial pharmacists both earn up to N400,000 per month.

PILOT

The term “pilot” refers to a person who is in command of the controls of an aircraft. In order to become a pilot in Nigeria, you must first complete an aviation school that has been approved by the Federal Aviation Association (FAA). Being a pilot takes at least 3–4 years, with additional years of student practice. In Nigeria, being a pilot is a rare opportunity.

It has a very high tuition fee. However, it is a well-paid position. In Nigeria, a pilot can make up to N800,000 per month in base salary. The remuneration ranges from N200,000 to N300,000.

BANKERS

A banker is someone who works in the banking industry. The occupation of managing or working in a bank is known as banking. A bank is a financial organization where you can deposit money and assets, borrow money, and manage your finances.

Read Salary Structure of Banks in Nigeria

Any employee of a bank’s finance department is referred to as a banker. Anyone who works at a bank has the potential to become a banker. This does not cover domestic workers or agents. Banks are not self-contained organizations. They provide the public with confidential and high-risk services. As a result, a variety of bodies, including the CBN, AMCON, NDIC, and others, are entrusted with regulating the banking industry. Working as a banker necessitates specialized training, which is accessible to new workers in addition to any college degree.

Bankers’ salaries, like those in any other business, are heavily influenced by known criteria such as their individual level, opportunities, the industry in which they work, and so on. In Nigeria, a banker’s salary might range from N80,000 to millions of Naira.

MUSICIAN

A musician’s duty is simple: they create music that entertains, informs, shapes, and occasionally change our minds. People idolize musicians in the same way they idolize religious leaders. As a result, musicians are paid between N600,000 and N2 million for their attendance at concerts.

PROJECT MANAGERS

Project management is a broad term that refers to a variety of jobs. Project management is the discipline of allocating resources to ensure that a project’s scope, quality, timeliness, and cost are met. The position is usually administrative in nature, with the necessary expertise.

Project managers’ salaries in Nigeria range from N250,000 to millions of Naira, depending on the same factors that affect salaries in other fields.

LAWYERS

A lawyer in Nigeria is someone who has qualified and been enrolled in the Nigerian bar as a barrister and solicitor of the Supreme Court. To be qualified for membership to the Nigerian bar, one must first obtain an LLB from an approved university before enrolling in a Nigerian law school and earning a Bachelor of Laws. In Nigeria, a lawyer’s income might range from N50,000 to N600,000 and beyond.

JUDGE

A judge is a person who, after being admitted to the Nigerian bar, is appointed to the bench to administer the law by presiding over trials and issuing judgments. Judges’ salaries range from N200, 000 to N300,000 per year.

Conclusion

In this article, we have been able to highlight the top 10 paying highest jobs in Nigeria. As previously stated, most job salaries are not fixed. It varies from one amount to another. In addition, when one advances in their job, the compensation increases. Salary may vary depending on inflation and even personal relationships.

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