Estate Management Salary in Nigeria

This article will reveal to you how much estate management graduates earn in Nigeria.

Before I shed light on estate management salary in Nigeria, it will be of relevance to know what estate management is all about in Nigeria. 

What is Estate Management?

The major beauty of a well-developed city is its buildings. These massive buildings do not only add beauty to the societies of Nigeria, but are also necessary to create immense revenue for the country and some professionals.

There are lots of professionals involved in making the dream of creating and maintaining properties. Among these professionals are the estate managers.

Graduates in Estate management, as the name implies are involved in the management process of estate or properties.

The management of these properties involves a lot of tasks or processes. Graduates in estate management are therefore conscious of all of these processes. They managed or supervised these properties to ensure that these properties endure the test of time while producing massive income.

Major factors that Influence Estate Management Salary in Nigeria

Estate Management's salary in Nigeria is influenced by various factors. Among these factors includes;

1.     Place of Employment

2.     Educational qualification

3.     Years of Experience

Estate Management Salary in Nigeria According to their Place of Employments

The salaries of estate management’ graduates in Nigeria is significantly influenced by their place of employment.

Some employment opportunities available for estate management’ graduates in Nigeria include;

·        Real Estate firms

·        Construction industry

·        Oil and gas industry

·        Property management firms

·        Tertiary institutions

·        Secondary schools

See below summary data of estate management graduates ‘salaries in Nigeria according to their place of employment. 

Place of Employment	Monthly Estate Managers Salaries	Annual Estate Managers Salaries
Real Estate firms	N170, 000 to N800, 000	N2, 040, 000 to N9, 600, 000
Construction industry	N200, 000 to N700, 000	N2, 400, 000 to N8, 400, 000
Oil and gas industry	N250, 000 to N800, 000	N3, 000, 000 to N9, 600,000
Property management firms	N150, 000 to N400, 000	N1, 800, 000 to N4, 800, 000
Government Agencies	N80, 000 to N300, 000	N960, 000 to N3, 600, 000
Tertiary institutions	N80, 000 to N500, 000	N960, 000 to N6, 000, 000
Secondary schools	N30, 000 to N80, 000	N360, 000 to N960, 000

Estate Management Salary in Nigeria according to Educational Qualification

See summary data of estate managers’ salaries in Nigeria;

Educational Qualifications	Monthly Estate Management Salary	Annual Estate Management Salary
Fresh Graduates	N170, 000 to N300, 000	N2, 040, 000 to N3, 600, 000
Master’s Degree Holders	N250, 000 to N500, 000	N3, 000, 000 to N6, 000, 000
Ph.D. Holders	N400, 000 to N900, 000	N4, 800, 000 to N10, 800, 000

Estate Management Salary in Nigeria According to Experience

Estate Managers’ salaries in Nigeria are also influenced by their years of experience.

See summary data below of estate managers’ salaries in Nigeria according to their years of experience

Years of Experience	Low end Salary	High End Salary
<5	N170, 000	N300, 000
<10	N300, 000	N600, 000
>10	N500, 000	N800, 000

Top Industries |Place of Employment for Graduates in Estate Management in Nigeria for High Salary

1.     Oil and gas industry

2.     Real estate firms

3.     Construction industry

4.     Property management firms

5.     Tertiary institutions

6.     Government agencies

Qualities Required of a Good Estate Manager in Nigeria

The following qualities are required to become successful in estate management in Nigeria;

·        Excellent communication skill

·        Excellent management skill

·        Good leadership quality

·        Ability to work successfully with a team of other professionals

·        Excellent writing skill