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Risk Management Supervisor salary in Nigeria

Average Yearly Salary of Risk Management Supervisor in Nigeria is approximately 7,044,073 NGN (8,381 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 Risk Management Supervisor do?

occupation personasA Risk Management Supervisor is responsible for overseeing and managing the risk management activities within an organization. They analyze potential risks, develop strategies to mitigate them, and ensure compliance with regulatory requirements. The supervisor collaborates with various departments to identify areas of risk exposure, implement risk control measures, and monitor the effectiveness of these measures. They also conduct risk assessments, create risk management plans, and provide training to employees on risk management practices.

Skills: Risk Management, Supervisor, Risk Analysis, Compliance, Risk Mitigation, Risk Assessment
Job industry: Finance


How much does Risk Management Supervisor make?

Salary details
How much does Risk Management Supervisor make?
Estimated Yearly Salary: 7,044,073 NGN
Estimated Monthly Salary: 587,006 NGN
Estimated Weekly Salary: 135,463 NGN per week
Estimated Hourly Salary: 3,387 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 6,791,664 NGN
Estimated Monthly Salary: 565,972 NGN
Estimated Weekly Salary: 130,609 NGN per week
Estimated Hourly Salary: 3,265 NGN per hour
Last revision of data: 2024-01-03



Risk Management Supervisor estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 8,381 USD
Estimated Monthly Salary: 698 USD
Estimated Weekly Salary: 161 USD per week
Estimated Hourly Salary: 4 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Risk Management Supervisor job salary compared to average salary in Nigeria.
Comparison shows that a person working as Risk Management Supervisor in Nigeria earns on average:
1.79 times the average salary (or 179% of average salary).

Is Risk Management Supervisor a well paid job?

Yes, our data shows that Risk Management Supervisor 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 Risk Management Supervisor?

High salary for Risk Management Supervisor would be somewhere between 7,748,480 NGN and 10,213,906 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Risk Management Supervisor 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: 7,044,073 NGN
Estimated Monthly Salary: 587,006 NGN
Estimated Weekly Salary: 135,463 NGN per week
Estimated Hourly Salary: 3,387 NGN per hour
By working as Risk Management Supervisor a person can save up to 493 USD per month or 5,914 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 Risk Management Supervisor

Cameroon is 2,723 USDdown arrow 68%
Details on Risk Management Supervisor salary in Cameroon
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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.

Top 10 highest salaries in Nigeria

(44,763,887 NGN per year, pre-tax.)
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
(34,129,168 NGN per year, pre-tax.)

Data as of 2025

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