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Top 10 Highest-Paying Jobs in Nigeria in 2023
Discover the top 10 highest-paying jobs in Nigeria! From medicine to software development, these professions offer significant earning potential and career growth.
Nigeria is a country with a diverse job market where income levels can vary significantly. In order to be considered a high-paying job, the standard is exceptionally high.
According to recent statistics, the average income for a full-time employee in Nigeria is around NGN339,000. However, salaries can range from as low as the minimum wage of NGN30,000/month to as high as NGN1.5 million or more.
Nigeria is known for its comparatively lower cost of living, with research showing a 57.28% lower cost of living compared to other countries around the world. This means that if you earn more than the average income of NGN339,000 per month, you can lead a comfortable life in Nigeria.
Despite the availability of numerous career options in the country, it is important to note that 75% of workers in Nigeria earn less than NGN925,000 per month, according to studies conducted by Salary Explorer. Nevertheless, there are still many lucrative opportunities to be found in the job market.
This article will provide insights into some of the highest-paying jobs in Nigeria, allowing you to explore your options and make an informed decision about which career path to pursue. It is important to consider your skills, qualifications, and interests before deciding on a career path, as some occupations are more promising than others.
List of Nigeria’s Top 10 Highest-Paying Jobs
The top ten positions with the highest salaries, together with the salary ranges and qualifications needed for each, are listed below.
1. Civil Engineering
Civil engineering is a fascinating and rewarding field that involves designing, constructing, and maintaining essential infrastructure for both public and private use. From roads and buildings to dams, bridges, tunnels, airports, and irrigation systems, civil engineers play a critical role in shaping our built environment.
In Nigeria, the average civil engineer earns a salary of NGN 3.8 million per year, with a monthly range of NGN 154,000 to NGN 504,000. However, to succeed in this profession, you must possess a variety of skills and qualifications.
As a civil engineer, you must have a strong background in mathematics and physics, as well as excellent teamwork and organizational abilities. Additionally, several certifications are essential to excel in this career path, such as Project Management Professional (PMP), Certified Professional in Erosion and Sediment Control, Certified Construction Manager, LEED AP Building Design + Construction, and Certified Safety Director. To be eligible for these certifications, you must be a member of Nigeria’s Council for the Regulation of Engineering.
To kickstart your career as a civil engineer, you’ll need a bachelor’s degree in engineering or engineering science, with several universities offering this program in Nigeria. However, some engineering positions may require a master’s degree, particularly in management-related roles.
You can check out our article on the Top 10 Richest Engineers In Nigeria to see how engineers are making it big in Nigeria.
2. Petroleum Engineering
Nigeria, a country with abundant natural resources, is one of the top crude oil exporters in the world, exporting crude oil worth NGN 30 billion.
This sector offers a wealth of job opportunities, especially in petroleum engineering, which is highly regarded for its potential for high earnings. On average, petroleum engineers in Nigeria earn NGN 5,824,000 per year, making it one of the most lucrative professions in the country.
Petroleum engineers play a crucial role in the extraction of oil and gas from the earth, developing and implementing innovative tools and methods for optimal resource harvesting. They oversee the operational program, equipment management, and research the most effective methods, ensuring that safety regulations are followed.
In addition to possessing strong technical skills, a passion for the profession, and teamwork and organizational skills are also critical to succeed in this field. Professional certifications and a degree in petroleum engineering from an accredited institution are prerequisites for employment in the oil and gas sector. The Society of Petroleum Engineers provides accreditation for petroleum engineers.
If you are considering a career in petroleum engineering, it is essential to know the potential earnings. Salaries for this field range from NGN 200,000 to NGN 1,000,000 per month, with entry-level positions offering a range between NGN 275,000 and NGN 600,000 per month.
Pursuing a petroleum engineering degree from an accredited institution in Nigeria, completing the required five-year program, and obtaining the necessary certification is the first step towards building a successful career in this field.
3. Medical Doctors
A photo of two doctors conducting surgery for a patient at the hospital.
The healthcare industry offers a diverse range of opportunities for medical professionals to work, including teaching hospitals, public health organizations, and private practices. Medical professionals specialize in various fields such as gynaecology, gastrointestinal, pathology, paediatrics, ophthalmology, neurology, and more.
In Nigeria, becoming a medical doctor requires completing a six-year program and obtaining medical certification from a recognized institution. Furthermore, all across the country, there is a continuous need for health professionals due to the growing demand for healthcare services.
Typically, a medical degree program in Nigeria lasts six years, and an additional year is required for National Youth Service and horsemanship.
As for compensation, medical doctors in Nigeria can expect to earn a monthly salary range of NGN300,000 to NGN1,500,000, depending on various factors such as experience and specialization.
4. Marine Engineer
In Nigeria, pursuing a university degree may not be the only path to a high-paying career. Marine engineering is one such field that offers lucrative salaries, with monthly earnings reaching as high as NGN7 million.
Marine engineers are also known as boat mechanics in Nigeria and they are responsible for designing, building, testing, and repairing watercraft. They play a crucial role in the development of beaches, marinas, ports, estuaries, and offshore oil platforms in the country.
However, becoming a successful marine engineer requires a set of essential skills and attributes. A marine engineer must possess strong leadership qualities, effective communication skills, and the ability to teach and guide a team.
They should also be proficient in the use of the latest computer tools and possess a creative and innovative mindset. Furthermore, it’s crucial for a marine engineer to be responsible, think critically, and have a deep understanding of logic, science, and technology.
So, if you have a passion for marine engineering and possess these essential skills, a degree may not be necessary to pursue a successful career in this field. It’s worth noting that this profession demands hard work, dedication, and a willingness to learn and adapt continually. But, with the right mindset and determination, marine engineering can be a fulfilling and rewarding career choice in Nigeria.
Read more about the Highest Paying Jobs you can get without a College Degree
5. Anaesthetic Nurse
In the operating room, the role of the anaesthetic nurse is critical. They work closely with the resuscitation anesthesiologist to ensure the patient’s safety and comfort during the procedure.
They play a pivotal role in reassuring patients and explaining the steps involved in the operation, which can be a source of anxiety for many patients.
Apart from offering emotional support, anaesthesia nurses are also responsible for managing equipment, administering medications, and providing comprehensive nursing care.
These highly skilled professionals oversee the postoperative healing process, adjusting the treatment plan as needed to ensure the best possible outcome for the patient.
Anaesthesia nurses in Nigeria are highly respected for their expertise and play a vital role in ensuring that patients receive the best possible care.
In addition to working in the operating room, they may also assist during ambulance transport to ensure the safe transfer of patients to the hospital. Due to the high level of skill required and the critical nature of their work, anaesthesia nursing is one of the highest-paying professions in Nigeria, with salaries often ranging between NGN407,000 and NGN4,000,000.
6. Pilots
To become a pilot, you need to apply for admission to a recognized aviation school of your choice. The program usually lasts for four years, during which you will learn how to control and fly different types of aircraft such as passenger planes, freight planes, and helicopters.
As a pilot, you will be responsible for the safety and lives of your passengers, so the job comes with significant responsibilities. However, it also comes with handsome compensation.
At the entry-level position, a pilot can expect to earn between NGN200,000 to NGN500,000 per month. With experience and advancement, a captain can earn between NGN500,000 to NGN3,000,000 per month.
It’s worth noting that these figures are just estimates and may vary depending on several factors such as the airline you work for, your experience level, and the type of aircraft you fly. However, a career in aviation can be quite rewarding, both financially and in terms of job satisfaction.
7. Software Developer
Software development is a crucial aspect of the tech industry, and it involves a set of complex tasks that include designing, creating, testing, delivering, and maintaining software.
Software developers are responsible for creating computer programs that address specific needs and provide solutions to various problems.
In addition to identifying software requirements, software developers also create application systems and ensure their efficiency.
Although having a computer science degree is advantageous, it is not a mandatory requirement to become a software developer. With some basic programming knowledge and a willingness to learn, anyone can become a software developer.
However, being a software developer requires a continuous commitment to learning and staying current with industry trends. This is because software development is a dynamic field that is constantly evolving. Therefore, it is essential to update your skills regularly and obtain the necessary certifications to remain relevant.
A skilled software developer in Nigeria can earn anywhere from NGN 170,000 to NGN 3,000,000 or more.
8. Investment Banker
An investment banker in Nigeria typically earns a monthly salary between NGN 300,000 and NGN 500,000. However, this figure can vary depending on factors such as job experience, location, and the type of financial institution they work for.
Investment bankers play a vital role in the world of finance. They help companies and governments raise capital through stock issuances and loans. They also provide advice on mergers and acquisitions and help clients manage risks associated with financial transactions.
Working as an investment banker offers many opportunities, and it is not limited to a specific academic path. While some may choose to study finance or economics, others may come from diverse backgrounds such as engineering or law.
Investment bankers can work in various institutions, including hedge funds, private equity firms, commercial banks, investment banks, asset management firms, and consulting firms.
It is worth noting that investment banking is a demanding field that requires long hours and high-pressure work environments. However, the rewards can be substantial, including the potential for significant financial compensation, career advancement, and exposure to high-profile clients and transactions.
9. Accounting
African Professional Chartered Accountant Woman Doing Tax
The salary range for accountants in Nigeria typically falls between NGN 140,000 to NGN 150,000 per month.
An accountant’s primary responsibility is to establish and examine an organization’s financial records, ensuring that they comply with the country’s financial regulations. They also play a crucial role in verifying an organization’s financial statements during audits to ensure their accuracy.
To pursue a career in accounting, you must complete a four-year degree program in accounting from a recognized university or college in the country.
However, to boost your career prospects, we recommend obtaining professional certification in addition to your academic qualifications. Professional credentials such as ICAN, ANAN, CIMA, or ACCS are highly desirable and may be mandatory for certain job roles.
Becoming certified by professional bodies not only enhances your marketability but also equips you with specialized skills and knowledge to advance in your accounting career.
It is worth noting that obtaining certification requires passing rigorous exams and meeting other requirements, including professional experience.
10. Sailor
Sailors play a crucial role in the smooth operation and management of large transport ships, tankers, and passenger boats. They assist in handling and maintaining the vessels and ensuring the safety of the crew and passengers aboard.
If you aspire to become a sailor in Nigeria, you can apply for admission to the Maritime Academy of Nigeria or one of the other reputable private maritime academies located across the federation. These institutions provide comprehensive training and education to prepare you for a successful career at sea.
When it comes to salary, sailors in Nigeria can expect to earn between N220,000 and N1,400,000 per month, depending on their experience and status. The pay scale varies widely, with commanders earning as little as 200,000 NGN per month, while admirals can make as much as 1.6 million NGN.
As a sailor, your primary duties will include ship handling, maintenance, repair, and preparation of deck equipment. You will also be responsible for managing the lifeboat crew and ensuring their readiness in case of emergencies.
Overall, being a sailor can be a challenging but rewarding career choice, offering opportunities to travel the world and work in a dynamic and exciting environment.
SUMMARY
Everyone aspires to succeed, therefore it’s important to know the best job path to take in order to get there. it’s essential to identify the best job path to achieve your goals.
This comprehensive article outlines the top 10 highest-paying jobs in the country, based on extensive research. The majority of these positions typically require formal education, technical expertise, artistic abilities, and experience.
If you possess any of these special talents or have a proven track record of success, you may already be among the highest-paid professionals.
The list of the top 10 highest paying jobs in Nigeria includes civil engineering, petroleum engineering, medicine, anaesthetic nursing, marine engineering, software development, investment banking, accounting, pilot, and sailor.
The ranking is not in any particular order, but these professions offer significant earning potential and can be a path to success and financial stability.
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