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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: 7,195,958 NGN
Estimated Monthly Salary: 599,663 NGN
Estimated Weekly Salary: 138,384 NGN per week
Estimated Hourly Salary: 3,460 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 577,676 NGN
Estimated Weekly Salary: 133,310 NGN per week
Estimated Hourly Salary: 3,333 NGN per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 8,592 USD
Estimated Monthly Salary: 716 USD
Estimated Weekly Salary: 165 USD per week
Estimated Hourly Salary: 4 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: 7,195,958 NGN
Estimated Monthly Salary: 599,663 NGN
Estimated Weekly Salary: 138,384 NGN per week
Estimated Hourly Salary: 3,460 NGN per hour
By working as Procurement Manager a person can save up to 510 USD per month or 6,125 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 Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Procurement Manager salary in Nigeria
Average Yearly Salary of Procurement Manager in Nigeria is approximately 7,195,958 NGN (8,592 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 Manager 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 Manager make?
Salary details
How much does Procurement Manager make?Estimated Yearly Salary: 7,195,958 NGN
Estimated Monthly Salary: 599,663 NGN
Estimated Weekly Salary: 138,384 NGN per week
Estimated Hourly Salary: 3,460 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,932,112 NGNEstimated Monthly Salary: 577,676 NGN
Estimated Weekly Salary: 133,310 NGN per week
Estimated Hourly Salary: 3,333 NGN per hour
Last revision of data: 2024-01-08Procurement Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,592 USD
Estimated Monthly Salary: 716 USD
Estimated Weekly Salary: 165 USD per week
Estimated Hourly Salary: 4 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 Procurement Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Procurement Manager in Nigeria earns on average:
1.82 times the average salary (or 182% 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 Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Procurement Manager in Nigeria earns on average:
1.82 times the average salary (or 182% of average salary).
Is Procurement Manager a well paid job?
Yes, our data shows that Procurement Manager 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 Manager?
High salary for Procurement Manager would be somewhere between 7,915,554 NGN and 10,434,139 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Procurement 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: 7,195,958 NGN
Estimated Monthly Salary: 599,663 NGN
Estimated Weekly Salary: 138,384 NGN per week
Estimated Hourly Salary: 3,460 NGN per hour
By working as Procurement Manager a person can save up to 510 USD per month or 6,125 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 Manager
Cameroon is 2,780 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:
Machine shop lead person (2,997,035 NGN per year, pre-tax.)
Medical surgical registered nurse (6,418,140 NGN per year, pre-tax.)
Fitness technician (2,817,102 NGN per year, pre-tax.)
Senior loan servicing representative (5,058,636 NGN per year, pre-tax.)
Office manager dental office (3,868,992 NGN per year, pre-tax.)
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All salary data on this website are for reference purposes only. We compile data from various trusted sources, yet do not guarantee complete precision. Before making career decisions, users should cross-check with external verified sources. Salaries fluctuate due to several influences, including negotiation skills, industry demand, and experience levels. We disclaim any liability for misrepresentations in the salary estimates provided here. Your engagement with this website indicates agreement of this disclaimer.