how much does a lawyer make in nigeria

A person working as an Attorney in Nigeria typically earns around 653,000 NGN per month. Salaries range from 300,000 NGN (lowest) to 1,040,000 NGN (highest). This is the average monthly salary including housing, transport, and other benefits.

Full Answer

How much is the average salary in Nigeria?

Sep 01, 2020 · In general, the average salary of a lawyer in Nigeria who works for a law firm or a company is N50,000 monthly. However, it is imperative to know that the actual salary of a lawyer in Nigeria is limitless. A Nigerian lawyer can earn as must as N1,000,000 by just signing a contract or representing a company in a court case.

How much is a monthly salary in Naira?

Attorney salaries in Nigeria range from 300,000 NGN per month (minimum salary) to 1,040,000 NGN per month (maximum salary). Median Salary The median salary is 705,000 NGN per month, which means that half (50%) of people working as Attorney (s) are earning less than 705,000 NGN while the other half are earning more than 705,000 NGN.

How much does an electrical engineer earn in Nigeria?

Apr 26, 2017 · Average Salary of Lawyers in Nigeria. Lawyers in Nigeria earn salary based on years of experience and which company they are working for. Currently, the average salary of a qualified lawyer is NRN 50, 000, which is little as compared …

What is the average salary in Kenya?

Corporate Lawyer Salaries in Nigeria. The average net salary for Corporate Lawyer in Nigeria is ₦120K. Salary estimated from 7 employees. Average Salary ₦120K per month. Base Salary. ₦120K. Cash Bonus (0 employee) ₦0. Profit Sharing (0 employee)

How much are Nigerian lawyers paid?

In general, the average salary of a lawyer in Nigeria who works for a law firm or a company is N50,000 monthly.

Which law pays the most in Nigeria?

Below are Nigeria's highest paying law firms in 2019/2020:Banwo & Igbodalo – N100,000 per month.Templars – N100,000 per month.Aluko & Oyebode – N100,000 per month.Ajumogobia & Okeke – N90,000 per month.Olaniwun Ajayi LP – N90,000 per month.Udo Udoma & Bello Osagie – N80,000 per month.More items...•Dec 18, 2019

Are lawyers rich in Nigeria?

Below are the richest lawyers in Nigeria and their net worth: Adewale Tinubu – $700 million. Afe Babalola, CON, OFR, SAN – $350 million. Abubarka Malami SAN – $500 million.

How much does a lawyer earn monthly?

Q: How much does a lawyer make per month? A: In 2020, the average salary of a lawyer was approximately $12,410 a month, which amounts to about $148,910 a year.

How much do Nigerian doctors earn?

Private hospitals pay between N120, 000 – N250, 000 for resident doctors while Government hospitals pay between N190, 000 – N280, 000 for junior resident doctors. Also, Consultants generally earn between N600, 000 – N900, 000 per month. Here is a breakdown of how much medical doctors earn per level of experience.

Are lawyers paid well?

A: Law careers have always been some of the most lucrative in the United States. Depending on their location and specialty, lawyers can make as much as $200,000+ a year, which is considerably more than people make in most other professions.Sep 21, 2021

Who is top lawyer in Nigeria?

Best Lawyers in NigeriaWole Olanipekun, SAN.Gbenga Oyebode.Aare Afe Babalola, SAN.Funke Adekoya.Adedolapo Akinrele.Muhammad Dele Belgore SAN.Adewale Atake, SAN.Chief Joe Kyari Gadzama SAN.More items...

What type of lawyer is the highest paid?

Medical Attorneys Medical lawyers are among the highest-paid types of lawyers and earn one of the highest median salaries in the legal field.

What are lawyers called in Nigeria?

barristers and solicitorsThere is one general category of lawyer in Nigeria. All lawyers are admitted to the bar as barristers and solicitors of the Supreme Court without any distinction as to their roles or functions.Jul 1, 2021

How many years does it take to study law in Nigeria?

In all, becoming a lawyer in Nigeria takes 7 years. First 5 years will be spent in any accredited law faculty in Nigeria, then the remaining two years is for the Nigerian law school and NYSC (Youth service) respectively.

How much are Nigerian lecturers paid?

Lecturer SalariesJob TitleSalaryUniversity of Nigeria Lecturer salaries - 6 salaries reportedNGN 159,000/moCovenant University Lecturer salaries - 4 salaries reportedNGN 166,547/moBayero University Lecturer salaries - 4 salaries reportedNGN 125,000/mo17 more rows•Apr 8, 2022

How can I become a lawyer in Nigeria?

In summary, to hire a lawyer, one has to visit a law firm, pay a consultation fee, narrate the services you want the lawyer to render, agree on the professional fee charged and pay partly or fully (which you will be issued a receipt).Jan 20, 2022

What is hourly wage?

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is annual salary increase?

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

What is the difference between a bonus and a commission?

A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

Why do revenue generators get bonuses?

The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

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What Is The Average Wage Per Hour In Nigeria?

Using Annual Salary/ (52 X 5 X 8) = Hourly Wage, we arrived at N2687.56 Naira being the average hourly wage received by the working population in Nigeria. That means if you are to work in Nigeria, you would be making N2687.56 every one hour on the average. You can make even more than that depending on your profession and location in the country.

Top Jobs In Nigeria And Their Average Salary

Below are a list of all the top jobs in Nigeria and how much they are paid per month on the average:

Final Statement

The average salary in Nigeria per month is roughly around N465,843. The average hourly wage is N2687.56 while the average annual salary is about N5,590,116. Using these above figures, you can be able to find out if you are getting the right pay in your place of work or not.

What is the role of the Senate in Nigeria?

The Senate House of Nigeria is the legislative arm of the Nigerian government. The senators are lawmakers. The primary duty of a Nigerian senator is to propose a bill , review it and pass it into law if it passes. In very rare cases, they are in charge of impeaching a seating president or government. It is no news that the political sector is one of ...

Is Nigeria a corrupt country?

Nigeria is one of the poorest countries in the world and arguably among the most corrupt and does not have an efficient checks and balances to properly inspect that the allowances paid to senators are used just as the receipts shows, noting that it is very possible for receipts to be forged. Because of this, a member of the legislature house in Nigeria can generally spend his allowances whichever way he or she deems fit. Not only is parliamentary reimbursement in Nigeria enormous compared to the general wealth of the country, but it is largely loose and subject to abuse.

How much does a masters degree cost in Nigeria?

A Master's degree program or any post-graduate program in Nigeria costs anywhere from 1,690,000 Naira (s) to 5,080,000 Naira (s) and lasts approximately two years. That is quite an investment. You can't really expect any salary increases during the study period, assuming you already have a job.

What is hourly wage?

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What does it mean when your salary is higher than the median?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement.

What is the difference between a bonus and a commission?

A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

What is revenue generator?

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Do doctors work in private hospitals?

Although doctors in government-owned hospitals earn higher than those in private hospitals, it has become a norm for these public doctors to work shifts at private hospitals and clinics. Government-owned hospitals normally allow their doctors to close work at 4 pm and most of these doctors use this opportunity to work in private hospitals in a bid to increase their monthly wage.

Is medicine a competitive course?

Medicine is one of the most competitive and strenuous courses to study in the Nigerian university. It is also very strict and sometimes, many students are not able to graduate as medical doctors when they are not able to meet the least requirements.

Why do chevrons get paid the highest?

This is so because they perform most of the strenuous jobs and thus, require even compensation to maintain their productivity levels.

What is the difference between a first class and a second class?

A graduate with a first class has a higher chance of getting employed than one with a second class upper or lower. Although the main factor that determines if you will get employed or not would be your skills and not just grades, you will gain more points if you have a better grade than other candidates applying for the same job.

Do geoscientists make money?

However, they do not earn as much as engineers as their jobs are less strenuous compared with those of engineers. This doesn’t mean a geoscientist doesn’t earn a comfortable pay.

Is Chevron the best company in Nigeria?

In the rankings, you will find mostly oil and gas companies like Shell, Exxon-Mobil, and Total which are also hot cakes for job seekers. While Chevron might not be the highest paying company in Nigeria, it is still one of the best options to consider when hunting for a job.