Home > Salary > Nigeria > Product Owner
The occupation of a Product Owner involves being responsible for the development and management of a product or service throughout its lifecycle. They work closely with stakeholders, customers, and development teams to define product vision, gather requirements, prioritize features, and ensure timely delivery. The Product Owner acts as the bridge between the business and technical teams, ensuring that the product meets customer needs and aligns with business goals. They also conduct market research, analyze competition, and stay updated on industry trends to make informed decisions.
Estimated Yearly Salary: 7,677,713 NGN
Estimated Monthly Salary: 639,809 NGN
Estimated Weekly Salary: 147,648 NGN per week
Estimated Hourly Salary: 3,691 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 616,689 NGN
Estimated Weekly Salary: 142,313 NGN per week
Estimated Hourly Salary: 3,558 NGN per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 9,156 USD
Estimated Monthly Salary: 763 USD
Estimated Weekly Salary: 176 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: 7,677,713 NGN
Estimated Monthly Salary: 639,809 NGN
Estimated Weekly Salary: 147,648 NGN per week
Estimated Hourly Salary: 3,691 NGN per hour
By working as Product Owner a person can save up to 557 USD per month or 6,689 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 Product Owner
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Product Owner salary in Nigeria
Average Yearly Salary of Product Owner in Nigeria is approximately 7,677,713 NGN (9,156 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 Product Owner do?
The occupation of a Product Owner involves being responsible for the development and management of a product or service throughout its lifecycle. They work closely with stakeholders, customers, and development teams to define product vision, gather requirements, prioritize features, and ensure timely delivery. The Product Owner acts as the bridge between the business and technical teams, ensuring that the product meets customer needs and aligns with business goals. They also conduct market research, analyze competition, and stay updated on industry trends to make informed decisions.
Skills: Product Owner, Agile Product Management, Product Development, Stakeholder Management, Requirement Gathering, Product Strategy
Job industry: Software development
Job industry: Software development
How much does Product Owner make?
Salary details
How much does Product Owner make?Estimated Yearly Salary: 7,677,713 NGN
Estimated Monthly Salary: 639,809 NGN
Estimated Weekly Salary: 147,648 NGN per week
Estimated Hourly Salary: 3,691 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,400,272 NGNEstimated Monthly Salary: 616,689 NGN
Estimated Weekly Salary: 142,313 NGN per week
Estimated Hourly Salary: 3,558 NGN per hour
Last revision of data: 2024-01-03Product Owner estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,156 USD
Estimated Monthly Salary: 763 USD
Estimated Weekly Salary: 176 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
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 Product Owner job salary compared to average salary in Nigeria.
Comparison shows that a person working as Product Owner in Nigeria earns on average:
1.95 times the average salary (or 195% 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 Product Owner job salary compared to average salary in Nigeria.
Comparison shows that a person working as Product Owner in Nigeria earns on average:
1.95 times the average salary (or 195% of average salary).
Is Product Owner a well paid job?
Yes, our data shows that Product Owner 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 Product Owner?
High salary for Product Owner would be somewhere between 8,445,484 NGN and 11,132,684 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Owner 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: 7,677,713 NGN
Estimated Monthly Salary: 639,809 NGN
Estimated Weekly Salary: 147,648 NGN per week
Estimated Hourly Salary: 3,691 NGN per hour
By working as Product Owner a person can save up to 557 USD per month or 6,689 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 Product Owner
Cameroon is 2,966 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:
Stationary engineer (4,456,420 NGN per year, pre-tax.)
Water restoration technician (2,471,550 NGN per year, pre-tax.)
Php application developer (5,339,532 NGN per year, pre-tax.)
Screw machine operator (2,717,000 NGN per year, pre-tax.)
Vending machine technician (2,021,051 NGN per year, pre-tax.)
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