🇳🇬NGN Economy
Nigeria Salary & Tax Guide
Africa’s largest market with a young workforce
Average Gross Salary
$4,000 / yr
Average Net Take-Home
$3,500 / yr
Top Marginal Tax Bracket
24%
Cost of Living Index
31 (US=100)
Economic & Employment Overview
Professionals in Nigeria typically earn $4,000 gross per year and keep roughly $3,500 after tax and mandatory contributions. Africa’s largest market with a young workforce. Living costs sit at an index of 31 against a New York baseline of 100.
Leading Industries & Tech Sectors
Oil & GasFintechNollywood
Immigration & Expat Work Permits
Most foreign hires base themselves in Lagos, the country’s main hub for Oil & Gas roles. STRATA visas cover foreign workers
Major Economic Centers: Lagos, Abuja, Port Harcourt
Tax System Breakdown
Single Filer ModelProgressive PITA rates to 24% plus roughly 10% pension contributions. The top marginal statutory rate is 24%.
Sample Benchmark at Average Gross ($4,000 USD):
| Gross Salary | $4,000 |
| Total Income Tax Paid | $1,000 |
| Social Contributions / Payroll | $320 |
| Net Annual Take-Home | $2,680 |
| Effective Tax Rate | 33.0% |