Inventory Control Analyst salary in Nigeria

Average Yearly Salary of Inventory Control Analyst in Nigeria is approximately 4,378,621 NGN (5,229 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 Inventory Control Analyst do?

An inventory control analyst is responsible for managing and optimizing inventory levels within an organization. They analyze data related to sales, production, and customer demand to forecast future inventory needs accurately. Their main objective is to ensure that the right amount of inventory is available at the right time, minimizing stockouts and excess inventory. They collaborate with various departments, such as purchasing, sales, and logistics, to coordinate inventory replenishment and monitor inventory accuracy. Additionally, they implement inventory control policies and procedures to improve efficiency and reduce costs. An inventory control analyst must possess strong analytical and problem-solving skills, as well as proficiency in inventory management software and data analysis tools.

Skills: Inventory control, Data analysis, Forecasting, Inventory optimization, Supply chain management, Inventory accuracy
Job industry: Supply chain management

How much does Inventory Control Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Inventory Control Analyst a well paid job?

Yes, our data show that Inventory Control 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 Inventory Control Analyst?

High salary for Inventory Control Analyst would be somewhere between 4,816,483 NGN and 6,349,000 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Inventory Control 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: 4,378,621 NGN
Estimated Monthly Salary: 364,885 NGN
Estimated Weekly Salary: 84,204 NGN per week
Estimated Hourly Salary: 2,105 NGN per hour
By working as Inventory Control Analyst a person can save up to 230 USD per month or 2,762 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 Inventory Control Analyst

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 +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +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

Data as of 2025

Random salary:
Secondary school teacher (but not special and vocational education) (4,615,525 NGN per year, pre-tax.)
Transportation engineer (6,024,674 NGN per year, pre-tax.)
Outdoor power equipment other small engine mechanic (2,169,129 NGN per year, pre-tax.)
Outpatient surgical coder (4,209,000 NGN per year, pre-tax.)
Financial director (4,739,062 NGN per year, pre-tax.)

Feedback about these results