Home > Salary > Nigeria > Vendor Manager
A Vendor Manager is responsible for managing the relationships between a company and its vendors or suppliers. They ensure that the company's vendor network is efficient, reliable, and meets the organization's needs. The role involves identifying potential vendors, negotiating contracts, monitoring vendor performance, resolving any issues or disputes that may arise, and maintaining strong communication channels with vendors.
The Vendor Manager is also responsible for evaluating vendor performance and conducting regular audits to ensure compliance with contractual agreements and quality standards. They work closely with various departments within the organization, such as procurement, finance, and operations, to ensure that vendor relationships align with the company's strategic goals and objectives.
Estimated Yearly Salary: 6,328,113 NGN
Estimated Monthly Salary: 527,343 NGN
Estimated Weekly Salary: 121,694 NGN per week
Estimated Hourly Salary: 3,042 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 511,284 NGN
Estimated Weekly Salary: 117,989 NGN per week
Estimated Hourly Salary: 2,950 NGN per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 7,609 USD
Estimated Monthly Salary: 634 USD
Estimated Weekly Salary: 146 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: 6,328,113 NGN
Estimated Monthly Salary: 527,343 NGN
Estimated Weekly Salary: 121,694 NGN per week
Estimated Hourly Salary: 3,042 NGN per hour
By working as Vendor Manager a person can save up to 428 USD per month or 5,142 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 Vendor Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Vendor Manager salary in Nigeria
Average Yearly Salary of Vendor Manager in Nigeria is approximately 6,328,113 NGN (7,609 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 Vendor Manager do?
A Vendor Manager is responsible for managing the relationships between a company and its vendors or suppliers. They ensure that the company's vendor network is efficient, reliable, and meets the organization's needs. The role involves identifying potential vendors, negotiating contracts, monitoring vendor performance, resolving any issues or disputes that may arise, and maintaining strong communication channels with vendors.
The Vendor Manager is also responsible for evaluating vendor performance and conducting regular audits to ensure compliance with contractual agreements and quality standards. They work closely with various departments within the organization, such as procurement, finance, and operations, to ensure that vendor relationships align with the company's strategic goals and objectives.
Skills: Vendor Management, Supplier Relationship Management, Contract Negotiation, Vendor Performance Evaluation, Procurement, Vendor Communication
Job industry: Human resources
Job industry: Human resources
How much does Vendor Manager make?
Salary details
How much does Vendor Manager make?Estimated Yearly Salary: 6,328,113 NGN
Estimated Monthly Salary: 527,343 NGN
Estimated Weekly Salary: 121,694 NGN per week
Estimated Hourly Salary: 3,042 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,135,404 NGNEstimated Monthly Salary: 511,284 NGN
Estimated Weekly Salary: 117,989 NGN per week
Estimated Hourly Salary: 2,950 NGN per hour
Last revision of data: 2024-01-07Vendor Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,609 USD
Estimated Monthly Salary: 634 USD
Estimated Weekly Salary: 146 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 Vendor Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Vendor Manager in Nigeria earns on average:
1.6 times the average salary (or 160% 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 Vendor Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Vendor Manager in Nigeria earns on average:
1.6 times the average salary (or 160% of average salary).
Is Vendor Manager a well paid job?
Yes, our data shows that Vendor 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 Vendor Manager?
High salary for Vendor Manager would be somewhere between 6,960,924 NGN and 9,175,764 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor 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: 6,328,113 NGN
Estimated Monthly Salary: 527,343 NGN
Estimated Weekly Salary: 121,694 NGN per week
Estimated Hourly Salary: 3,042 NGN per hour
By working as Vendor Manager a person can save up to 428 USD per month or 5,142 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 Vendor Manager
Cameroon is 2,448 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:
Process engineer semiconductor (5,915,806 NGN per year, pre-tax.)
Field engineer (5,540,084 NGN per year, pre-tax.)
Golf groundskeeper (2,138,263 NGN per year, pre-tax.)
Web designer (3,628,514 NGN per year, pre-tax.)
Government affairs supervisor (3,934,216 NGN per year, pre-tax.)
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