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Allocation Analyst salary in Nigeria

Average Yearly Salary of Allocation Analyst in Nigeria is approximately 4,595,649 NGN (5,521 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Allocation Analyst do?

occupation personasAn allocation analyst is responsible for analyzing and managing the allocation of resources within a company. They assess the needs and demands of different departments or projects and determine how to distribute resources such as budget, personnel, and equipment efficiently. This involves analyzing data, forecasting trends, and collaborating with various stakeholders to ensure optimal resource allocation. The allocation analyst also monitors and evaluates the effectiveness of resource allocation strategies, making adjustments as needed to improve outcomes and maximize productivity.

Skills: Allocation Analyst, Resource Management, Data Analysis, Forecasting, Resource Allocation Strategy, Stakeholder Collaboration
Job industry: Finance


How much does Allocation Analyst make?

Salary details
How much does Allocation Analyst make?
Estimated Yearly Salary: 4,595,649 NGN
Estimated Monthly Salary: 382,971 NGN
Estimated Weekly Salary: 88,378 NGN per week
Estimated Hourly Salary: 2,209 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 4,449,192 NGN
Estimated Monthly Salary: 370,766 NGN
Estimated Weekly Salary: 85,561 NGN per week
Estimated Hourly Salary: 2,139 NGN per hour
Last revision of data: 2024-01-03



Allocation Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 5,521 USD
Estimated Monthly Salary: 460 USD
Estimated Weekly Salary: 106 USD per week
Estimated Hourly Salary: 3 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.

Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Allocation Analyst job salary compared to average salary in Nigeria.
Comparison shows that a person working as Allocation Analyst in Nigeria earns on average:
1.17 times the average salary (or 117% of average salary).

Is Allocation Analyst a well paid job?

Yes, our data show that Allocation Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Allocation Analyst?

High salary for Allocation Analyst would be somewhere between 5,055,214 NGN and 6,663,691 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Allocation Analyst in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 4,595,649 NGN
Estimated Monthly Salary: 382,971 NGN
Estimated Weekly Salary: 88,378 NGN per week
Estimated Hourly Salary: 2,209 NGN per hour
By working as Allocation Analyst a person can save up to 254 USD per month or 3,054 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Allocation Analyst

Cameroon is 1,778 USDdown arrow 68%
Details on Allocation Analyst salary in Cameroon
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Nigeria

(44,763,887 NGN per year, pre-tax.)
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
(34,129,168 NGN per year, pre-tax.)

Data as of 2025

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This website presents salary estimates for informational purposes only.
Salary details presented on this website are meant for reference purposes only. Our data comes from multiple inputs and may not necessarily be up to date. Users must cross-reference salary information through other means before making financial decisions. The figures listed here may fluctuate due to factors such as location, industry standards, and individual skill sets. We cannot warrant that the information provided is flawless. By accessing this website, you accept that salary information is presented 'as is' and without warranties.
This website displays salary figures solely for informational use. While we endeavor for accuracy, we cannot ensure the validity of all figures. Users should double-check salary details with official organizations before making career-related decisions. Salary amounts may fluctuate based on multiple elements, such as geographic location, experience, and job role. We assume no liability for errors in the pay estimates provided. By using optisalary.com, you acknowledge that salary data is subject to change.