Home > Salary > Nigeria > Procurement Lead
A procurement lead is responsible for overseeing the procurement process within an organization. Their main role is to ensure that the company obtains goods and services at the best possible price, while also maintaining high quality standards. They are in charge of developing and implementing procurement strategies, identifying potential suppliers, negotiating contracts, and managing supplier relationships. Additionally, procurement leads are responsible for monitoring inventory levels, analyzing market trends, and making recommendations for process improvements.
Estimated Yearly Salary: 6,149,234 NGN
Estimated Monthly Salary: 512,436 NGN
Estimated Weekly Salary: 118,255 NGN per week
Estimated Hourly Salary: 2,956 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 495,678 NGN
Estimated Weekly Salary: 114,387 NGN per week
Estimated Hourly Salary: 2,860 NGN per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 7,369 USD
Estimated Monthly Salary: 614 USD
Estimated Weekly Salary: 142 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 6,149,234 NGN
Estimated Monthly Salary: 512,436 NGN
Estimated Weekly Salary: 118,255 NGN per week
Estimated Hourly Salary: 2,956 NGN per hour
By working as Procurement Lead a person can save up to 408 USD per month or 4,902 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 Procurement Lead
Last revision of data: 2025-01-04
Data as of 2025
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Procurement Lead salary in Nigeria
Average Yearly Salary of Procurement Lead in Nigeria is approximately 6,149,234 NGN (7,369 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 Procurement Lead do?
A procurement lead is responsible for overseeing the procurement process within an organization. Their main role is to ensure that the company obtains goods and services at the best possible price, while also maintaining high quality standards. They are in charge of developing and implementing procurement strategies, identifying potential suppliers, negotiating contracts, and managing supplier relationships. Additionally, procurement leads are responsible for monitoring inventory levels, analyzing market trends, and making recommendations for process improvements.
Skills: procurement, supply chain management, vendor management, contract negotiation, strategic sourcing, inventory control
Job industry: Supply chain management
Job industry: Supply chain management
How much does Procurement Lead make?
Salary details
How much does Procurement Lead make?Estimated Yearly Salary: 6,149,234 NGN
Estimated Monthly Salary: 512,436 NGN
Estimated Weekly Salary: 118,255 NGN per week
Estimated Hourly Salary: 2,956 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,948,140 NGNEstimated Monthly Salary: 495,678 NGN
Estimated Weekly Salary: 114,387 NGN per week
Estimated Hourly Salary: 2,860 NGN per hour
Last revision of data: 2024-01-06Procurement Lead estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,369 USD
Estimated Monthly Salary: 614 USD
Estimated Weekly Salary: 142 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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 Procurement Lead job salary compared to average salary in Nigeria.
Comparison shows that a person working as Procurement Lead in Nigeria earns on average:
1.56 times the average salary (or 156% 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 Procurement Lead job salary compared to average salary in Nigeria.
Comparison shows that a person working as Procurement Lead in Nigeria earns on average:
1.56 times the average salary (or 156% of average salary).
Is Procurement Lead a well paid job?
Yes, our data shows that Procurement Lead is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Procurement Lead?
High salary for Procurement Lead would be somewhere between 6,764,157 NGN and 8,916,389 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Procurement Lead 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: 6,149,234 NGN
Estimated Monthly Salary: 512,436 NGN
Estimated Weekly Salary: 118,255 NGN per week
Estimated Hourly Salary: 2,956 NGN per hour
By working as Procurement Lead a person can save up to 408 USD per month or 4,902 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 Procurement Lead
Cameroon is 2,386 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.)
2. Cardiologist
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Er nursing director (7,259,824 NGN per year, pre-tax.)
Life coach (3,798,708 NGN per year, pre-tax.)
Qa clerk (2,160,714 NGN per year, pre-tax.)
Corporate treasurer top (8,786,413 NGN per year, pre-tax.)
Stock plan administrator (6,033,969 NGN per year, pre-tax.)
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