Loss Prevention Officer salary in Nigeria

Average Yearly Salary of Loss Prevention Officer in Nigeria is approximately 2,665,327 NGN (3,191 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 Loss Prevention Officer do?

A Loss Prevention Officer is responsible for ensuring the safety and security of a retail or commercial establishment. Their main objective is to prevent theft, fraud, and other criminal activities within the premises. They monitor surveillance cameras, conduct regular patrols, and enforce security protocols to minimize loss and maintain a safe environment for employees and customers. Loss Prevention Officers also investigate incidents of theft or misconduct, gather evidence, and collaborate with law enforcement agencies when necessary. Additionally, they may provide training to staff on loss prevention strategies and implement measures to reduce risks. This occupation requires strong observational skills, attention to detail, and the ability to handle stressful situations calmly.

Skills: Loss Prevention, Security, Surveillance, Theft Prevention, Fraud Detection, Risk Management
Job industry: Retail

How much does Loss Prevention Officer make?

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


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Salary comparison to National average

Is Loss Prevention Officer a well paid job?

No, our data shows that Loss Prevention Officer is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loss Prevention Officer might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Loss Prevention Officer?

High salary for Loss Prevention Officer would be somewhere between 2,931,860 NGN and 3,864,724 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loss Prevention Officer 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: 2,665,327 NGN
Estimated Monthly Salary: 222,111 NGN
Estimated Weekly Salary: 51,256 NGN per week
Estimated Hourly Salary: 1,281 NGN per hour
By working as Loss Prevention Officer a person can save up to 60 USD per month or 724 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 Loss Prevention Officer

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.

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Data as of 2025

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