Home > Salary > Nigeria > Sourcing Specialist
A sourcing specialist is responsible for identifying and acquiring the best suppliers and vendors for a company's products or services. They play a crucial role in ensuring that the organization obtains quality goods at competitive prices, while also managing relationships with suppliers to ensure timely delivery and compliance with contractual agreements. Sourcing specialists conduct market research to identify potential suppliers, negotiate contracts, and evaluate supplier performance. They collaborate with various departments, such as procurement, logistics, and quality assurance, to ensure seamless supply chain operations. Strong analytical and negotiation skills are essential for this role, as well as the ability to build and maintain relationships with suppliers.
Estimated Yearly Salary: 5,614,764 NGN
Estimated Monthly Salary: 467,897 NGN
Estimated Weekly Salary: 107,976 NGN per week
Estimated Hourly Salary: 2,699 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 452,764 NGN
Estimated Weekly Salary: 104,484 NGN per week
Estimated Hourly Salary: 2,612 NGN per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 6,715 USD
Estimated Monthly Salary: 560 USD
Estimated Weekly Salary: 129 USD per week
Estimated Hourly Salary: 3 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: 5,614,764 NGN
Estimated Monthly Salary: 467,897 NGN
Estimated Weekly Salary: 107,976 NGN per week
Estimated Hourly Salary: 2,699 NGN per hour
By working as Sourcing Specialist a person can save up to 354 USD per month or 4,248 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 Sourcing Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Sourcing Specialist salary in Nigeria
Average Yearly Salary of Sourcing Specialist in Nigeria is approximately 5,614,764 NGN (6,715 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 Sourcing Specialist do?
A sourcing specialist is responsible for identifying and acquiring the best suppliers and vendors for a company's products or services. They play a crucial role in ensuring that the organization obtains quality goods at competitive prices, while also managing relationships with suppliers to ensure timely delivery and compliance with contractual agreements. Sourcing specialists conduct market research to identify potential suppliers, negotiate contracts, and evaluate supplier performance. They collaborate with various departments, such as procurement, logistics, and quality assurance, to ensure seamless supply chain operations. Strong analytical and negotiation skills are essential for this role, as well as the ability to build and maintain relationships with suppliers.
Skills: sourcing specialist, procurement, supplier management, vendor selection, contract negotiation, supply chain management
Job industry: Procurement or supply chain
Job industry: Procurement or supply chain
How much does Sourcing Specialist make?
Salary details
How much does Sourcing Specialist make?Estimated Yearly Salary: 5,614,764 NGN
Estimated Monthly Salary: 467,897 NGN
Estimated Weekly Salary: 107,976 NGN per week
Estimated Hourly Salary: 2,699 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,433,164 NGNEstimated Monthly Salary: 452,764 NGN
Estimated Weekly Salary: 104,484 NGN per week
Estimated Hourly Salary: 2,612 NGN per hour
Last revision of data: 2024-01-08Sourcing Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,715 USD
Estimated Monthly Salary: 560 USD
Estimated Weekly Salary: 129 USD per week
Estimated Hourly Salary: 3 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 Sourcing Specialist job salary compared to average salary in Nigeria.
Comparison shows that a person working as Sourcing Specialist in Nigeria earns on average:
1.42 times the average salary (or 142% 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 Sourcing Specialist job salary compared to average salary in Nigeria.
Comparison shows that a person working as Sourcing Specialist in Nigeria earns on average:
1.42 times the average salary (or 142% of average salary).
Is Sourcing Specialist a well paid job?
Yes, our data shows that Sourcing Specialist 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 Sourcing Specialist?
High salary for Sourcing Specialist would be somewhere between 6,176,240 NGN and 8,141,408 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Sourcing Specialist 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: 5,614,764 NGN
Estimated Monthly Salary: 467,897 NGN
Estimated Weekly Salary: 107,976 NGN per week
Estimated Hourly Salary: 2,699 NGN per hour
By working as Sourcing Specialist a person can save up to 354 USD per month or 4,248 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 Sourcing Specialist
Cameroon is 2,179 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:
Mail carrier (2,287,291 NGN per year, pre-tax.)
It business systems analyst (5,479,980 NGN per year, pre-tax.)
Costume attendant (2,388,452 NGN per year, pre-tax.)
Inside sales manager (5,418,153 NGN per year, pre-tax.)
Bingo manager (5,479,980 NGN per year, pre-tax.)
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