Home > Salary > Nigeria > Merchandise Planning Manager
A merchandise planning manager is responsible for overseeing the planning and allocation of products within a retail organization. They analyze sales data, market trends, and customer behavior to develop effective merchandise strategies. This involves forecasting demand, setting inventory levels, and determining pricing and promotional strategies to maximize profitability. The merchandise planning manager collaborates with various departments such as buying, marketing, and operations to ensure that the right products are available in the right quantities at the right time.
Estimated Yearly Salary: 9,137,244 NGN
Estimated Monthly Salary: 761,437 NGN
Estimated Weekly Salary: 175,716 NGN per week
Estimated Hourly Salary: 4,393 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 733,799 NGN
Estimated Weekly Salary: 169,338 NGN per week
Estimated Hourly Salary: 4,233 NGN per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 10,921 USD
Estimated Monthly Salary: 910 USD
Estimated Weekly Salary: 210 USD per week
Estimated Hourly Salary: 5 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: 9,137,244 NGN
Estimated Monthly Salary: 761,437 NGN
Estimated Weekly Salary: 175,716 NGN per week
Estimated Hourly Salary: 4,393 NGN per hour
By working as Merchandise Planning Manager a person can save up to 704 USD per month or 8,454 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 Merchandise Planning Manager
Last revision of data: 2025-01-04
Data as of 2025
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Merchandise Planning Manager salary in Nigeria
Average Yearly Salary of Merchandise Planning Manager in Nigeria is approximately 9,137,244 NGN (10,921 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 Merchandise Planning Manager do?
A merchandise planning manager is responsible for overseeing the planning and allocation of products within a retail organization. They analyze sales data, market trends, and customer behavior to develop effective merchandise strategies. This involves forecasting demand, setting inventory levels, and determining pricing and promotional strategies to maximize profitability. The merchandise planning manager collaborates with various departments such as buying, marketing, and operations to ensure that the right products are available in the right quantities at the right time.
Skills: merchandise planning, retail management, inventory control, sales analysis, demand forecasting, pricing strategies
Job industry: Retail
Job industry: Retail
How much does Merchandise Planning Manager make?
Salary details
How much does Merchandise Planning Manager make?Estimated Yearly Salary: 9,137,244 NGN
Estimated Monthly Salary: 761,437 NGN
Estimated Weekly Salary: 175,716 NGN per week
Estimated Hourly Salary: 4,393 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,805,588 NGNEstimated Monthly Salary: 733,799 NGN
Estimated Weekly Salary: 169,338 NGN per week
Estimated Hourly Salary: 4,233 NGN per hour
Last revision of data: 2024-01-07Merchandise Planning Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,921 USD
Estimated Monthly Salary: 910 USD
Estimated Weekly Salary: 210 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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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 Merchandise Planning Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Merchandise Planning Manager in Nigeria earns on average:
2.32 times the average salary (or 232% 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 Merchandise Planning Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Merchandise Planning Manager in Nigeria earns on average:
2.32 times the average salary (or 232% of average salary).
Is Merchandise Planning Manager a well paid job?
Yes, our data show that Merchandise Planning Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Merchandise Planning Manager?
High salary for Merchandise Planning Manager would be somewhere between 10,050,968 NGN and 13,249,004 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Merchandise Planning Manager 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: 9,137,244 NGN
Estimated Monthly Salary: 761,437 NGN
Estimated Weekly Salary: 175,716 NGN per week
Estimated Hourly Salary: 4,393 NGN per hour
By working as Merchandise Planning Manager a person can save up to 704 USD per month or 8,454 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 Merchandise Planning Manager
Cameroon is 3,518 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Nigeria
(44,763,887 NGN per year, pre-tax.)
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4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
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7. Oncologist
(34,169,925 NGN per year, pre-tax.)
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10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Employee benefits manager (4,181,765 NGN per year, pre-tax.)
Announcer (2,760,709 NGN per year, pre-tax.)
.net software developer programmer (5,087,900 NGN per year, pre-tax.)
Security or fire alarm systems installer (3,419,240 NGN per year, pre-tax.)
Database administrator (7,821,616 NGN per year, pre-tax.)
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