We’ll be talking about Agricultural Economist salary structure in Nigeria, and we’ll break it down into monthly and annual salary structures. Let’s see if Agricultural Economists in Nigeria are highly compensated for their services. If you’re interested in becoming an Agricultural Economist or want to discover how much Agricultural Economists in Nigeria are paid, keep reading. This article is for you, as it walk you through the pay structure of Agricultural Economics in Nigeria in 2021.
Are agricultural economist salaries in Nigeria fairly compensated? We’ll start with the average pay and then go on to numerous salary breakdowns, as is customary in the nation. The average monthly pay for an Agricultural Economist in Nigeria ranges from N30, 000 to N100, 000 (maximum), depending on their level of qualifications and experience.
The average monthly income, on the other hand, is understood to include housing, transportation, and other profession-related benefits. Meanwhile, we’d like to point out that their pay in Nigeria varies according on experience, gender, abilities, and region, and it differs among states and firms. Let’s go right to the meat of the matter. Find out the Keystone Bank Salary Structure in Nigeria (Current)
Nigerian Agricultural Economist Salaries
We’ll break down each pay distribution into parts and discuss each one in depth, but first, we’ll go over some of the many types of salary structures for Agricultural Economists in Nigeria, which include:
Median Salary
The median pay of a licenced Agricultural Economist in Nigeria is N60, 000 per month, and what exactly do I mean by median wage? Here’s what I’m talking about: The median income reveals that half of the persons who have chosen the Agricultural Economist profession as a career make less than N60, 000. Simply put, median salary refers to middle salary. Read also Salary Scale of Environmental Health Officers in Nigeria
Percentiles Salary
Percentiles are recognised to be somewhat similar to median values, however they are divided into two categories: 25% and 75%. According to the pay distribution diagram for Agricultural Economics salaries in Nigeria, 25% of Agricultural Economists in Nigeria make less than N40, 000 per month, while it is estimated that 75% of the Agricultural Economists in Nigeria make more than the same wage. Agricultural Economist Salary Structure
In Nigeria, the most significant element in determining how much an Agricultural Economist is paid is their experience. Here’s how it works:
Salary structure by Experience
- 0 – 2 Years – N35, 000
- 2 – 5 Years – 30% rise
- 5 – 10 Years – 36% rise
- 10 – 15 Years – 20% rise from 5-10 years
- 15 – 20 Years – 14% rise
Salary Structure by educational Qualification
- B. Sc. – N50, 000 – N100, 000
- M.Sc. – Above N100, 000
Conclusion
We’d like to point out that the pay we’ve included is an average, and it may vary according on the state and business.
Source: Nyscinfo