Fresh Graduate Salary in Nigeria - Nigeria Boom

Fresh Graduate Salary in Nigeria

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This article is written to provide you with insights into the graduate’s salary in Nigeria. Just how much graduates earn in this article would be our primary concern. 

Fresh Graduate Salary in Nigeria

Who is a Graduate?

You probably may be aware of what being a graduate means. As a result, I wouldn’t write much about this. For the purpose of this article, a graduate is a person recognized by any tertiary institution to have earned a degree especially a first degree.
A graduate can also be seen as a person that has a degree from a recognized tertiary institution.
This article is however concentrated on those with their first degree in any recognized tertiary institution like a university.

Graduates in Nigeria

Every single year, a lot of students graduate from various universities in Nigeria.
The economy of Nigeria plays a huge role in determining the employment rate of numerous Nigerian graduates. It has no doubt been the norm for Nigerians to speak ill about the present economic situation of Nigeria. Reports and complaints of the Nigerian economy have been certainly true.
The Nigerian economy is truly a crippled one, lacking in so many areas. It is however unfortunate that there is a strong relationship between the employment rate of graduates and the state of the economy.
The state of the economy is the influencing factor in the employment rate of graduates in Nigeria. This implies that the state of the economy will determine to a very large extent the availability of jobs in Nigeria.
The quest to obtain a good job, hence, has forced so many Nigerians to become educated by obtaining their first academic degree.

Graduates in the Nigerian Labor Market

Every year, a large number of students graduate from the various tertiary institutions of Nigeria.
Various Nigerian graduates would find themselves in different conditions after graduation.
These conditions are presented below;
·        Employed by a Big Establishment
·        Employed by a Small Establishment
·        Self –Employed
·        Jobless
Graduates salary in Nigeria is influenced by several factors and they are;
1.     Employers or Industry they offer their services to
2.     Course of Study
3.     Career Path
4.     Additional qualifications such as being professional certified.
All of these factors will determine a graduate’s salary in Nigeria

Graduate Salary in Nigeria

‘Graduates Salary in Nigeria’ is the chief purpose of this article. So get prepared, as we reveal to you, graduates salary in Nigeria.
Graduates salary in Nigeria varies according to different factors.
However, graduates’ salaries in Nigeria can be given an insight to according to the establishment they work for.

1.     Graduates Employed in Big Establishments:

Graduates employed in the big industry like oil and gas, food processing, banks, telecommunication industry, etc. would likely earn between N80, 000 to N500, 000. This is considered to be quite impressive.

2.     Graduates Employed in Small Establishments:

Small establishments include labs, secondary schools, medium-sized hospitals, medium-sized trading firms, etc. Graduates salary in these small establishments would likely be between the range of N30, 000 to N120, 000.

3.     Graduates who are Employed not According to their Certificate:

Some graduates offer services that are not related to their qualifications. These graduates do not really get paid as graduates. They are rather paid according to the services they are offering. Some of these places include; factories, cyber café, hotels, etc.
They are likely to earn between the range of N20, 000 to N40, 000.
They are so many other graduates who are unemployed in Nigeria.

Average Graduate Salary in Nigeria

While a population of graduates in Nigeria are earning pretty high, the majority of graduates are underpaid.
A lot of graduates in Nigeria are not paid according to the services they offer. This is because the Nigerian economy is not favorable at the moment for most Nigerian graduates.  
As a result, the Average Salary of Graduates in Nigeria is about N45, 000. 

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