Home > Salary > Nigeria > Economics Lecturer
An economics lecturer is an individual who teaches and conducts research in the field of economics. They are responsible for delivering lectures, leading discussions, and facilitating learning on various topics related to economics. They prepare course materials, such as syllabi, lecture notes, and assignments, and evaluate students' progress through exams and other assessments. Additionally, economics lecturers may engage in scholarly research, publish academic papers, and participate in conferences to stay updated with the latest developments in the field.
Estimated Yearly Salary: 4,319,786 NGN
Estimated Monthly Salary: 359,982 NGN
Estimated Weekly Salary: 83,073 NGN per week
Estimated Hourly Salary: 2,077 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 347,358 NGN
Estimated Weekly Salary: 80,160 NGN per week
Estimated Hourly Salary: 2,004 NGN per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 5,160 USD
Estimated Monthly Salary: 430 USD
Estimated Weekly Salary: 99 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 4,319,786 NGN
Estimated Monthly Salary: 359,982 NGN
Estimated Weekly Salary: 83,073 NGN per week
Estimated Hourly Salary: 2,077 NGN per hour
By working as Economics Lecturer a person can save up to 224 USD per month or 2,693 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.
Estimated Yearly Salary for Economics Lecturer
Last revision of data: 2025-01-04
Data as of 2025
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Economics Lecturer salary in Nigeria
Average Yearly Salary of Economics Lecturer in Nigeria is approximately 4,319,786 NGN (5,160 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 Economics Lecturer do?

Skills: economics, lecturer, education, research, teaching, economics professor
Job industry: Education
Job industry: Education
How much does Economics Lecturer make?
Salary details
How much does Economics Lecturer make?Estimated Yearly Salary: 4,319,786 NGN
Estimated Monthly Salary: 359,982 NGN
Estimated Weekly Salary: 83,073 NGN per week
Estimated Hourly Salary: 2,077 NGN per hour
Comparing salary to last year:
Estimated Yearly Salary: 4,168,296 NGNEstimated Monthly Salary: 347,358 NGN
Estimated Weekly Salary: 80,160 NGN per week
Estimated Hourly Salary: 2,004 NGN per hour
Economics Lecturer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,160 USD
Estimated Monthly Salary: 430 USD
Estimated Weekly Salary: 99 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
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 Economics Lecturer job salary compared to average salary in Nigeria.
Comparison shows that a person working as Economics Lecturer in Nigeria earns on average:
1.1 times the average salary (or 110% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Economics Lecturer job salary compared to average salary in Nigeria.
Comparison shows that a person working as Economics Lecturer in Nigeria earns on average:
1.1 times the average salary (or 110% of average salary).
Is Economics Lecturer a well paid job?
Yes, our data show that Economics Lecturer 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 Economics Lecturer?
High salary for Economics Lecturer would be somewhere between 4,751,765 NGN and 6,263,690 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Economics Lecturer 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: 4,319,786 NGN
Estimated Monthly Salary: 359,982 NGN
Estimated Weekly Salary: 83,073 NGN per week
Estimated Hourly Salary: 2,077 NGN per hour
By working as Economics Lecturer a person can save up to 224 USD per month or 2,693 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 Economics Lecturer
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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Random salary:
Patient care manager (4,251,597 NGN per year, pre-tax.)
Emergency medical services (ems), operations director (4,413,916 NGN per year, pre-tax.)
Economics teacher (3,313,158 NGN per year, pre-tax.)
Transportation superintendent (5,339,532 NGN per year, pre-tax.)
University head track and cross country coach (2,892,252 NGN per year, pre-tax.)
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