🇳🇬 Africa

Nigeria

Salary, tax, minimum wage and employer cost data.

CurrencyNGN (₦)
VAT7.5%
Fiscal yearJan-Dec
Pay cycleMonthly
Employee rate8.0%
Employer rate10.0%

Minimum wage in Nigeria

Monthly gross₦ 70,000
Monthly net (est.)₦ 62,000
Hourly gross₦ 398.00
Annual gross₦ 840,000
Annual net (est.)₦ 744,000

Average salary

Gross annual₦ 3,600,000
Net monthly₦ 240,000

Tax brackets

7% up to 300,000
11-24% progressive

Calculate salary in Nigeria

Salaries by profession in Nigeria

Cities in Nigeria

LagosRent ~$500/mo57/100 Average

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