Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Petroleum Geologist Average Salary in Nigeria 2022

How much money does a Petroleum Geologist make in Nigeria?

Average Monthly Salary
541,000 NGN
( 6,490,000 NGN yearly)


A person working as a Petroleum Geologist in Nigeria typically earns around 541,000 NGN per month. Salaries range from 281,000 NGN (lowest) to 828,000 NGN (highest).

This is the average monthly salary including housing, transport, and other benefits. Petroleum Geologist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Petroleum Geologist Salary Distribution in Nigeria

Median and salary distribution monthly Nigeria Petroleum Geologist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/nigeria/oil-gas-energy-mining/petroleum-geologist/median-and-salary-distribution-monthly-nigeria-petroleum-geologist.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in Nigeria range from 281,000 NGN per month (minimum salary) to 828,000 NGN per month (maximum salary).

  • Median Salary

    The median salary is 520,000 NGN per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 520,000 NGN while the other half are earning more than 520,000 NGN. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Petroleum Geologist(s) are earning less than 360,000 NGN while 75% of them are earning more than 360,000 NGN. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 647,000 NGN while 25% are earning more than 647,000 NGN.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Petroleum Geologist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Nigeria Petroleum Geologist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/nigeria/oil-gas-energy-mining/petroleum-geologist/salary-comparison-by-years-of-experience-monthly-nigeria-petroleum-geologist.jpg

The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Petroleum Geologist salaries by experience level and this is what we found.

A Petroleum Geologist with less than two years of experience makes approximately 320,000 NGN per month.

While someone with an experience level between two and five years is expected to earn 429,000 NGN per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 557,000 NGN per month, 30% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Petroleum Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 675,000 NGN per month, 21% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 738,000 NGN per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 776,000 NGN per month, 5% more than people with fifteen to twenty years of experience.

Petroleum Geologist average salary change by experience in Nigeria

0 - 2 Years
320,000 NGN
2 - 5 Years+34%
429,000 NGN
5 - 10 Years+30%
557,000 NGN
10 - 15 Years+21%
675,000 NGN
15 - 20 Years+9%
738,000 NGN
20+ Years+5%
776,000 NGN
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Petroleum Geologist Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Petroleum Geologist(s) who have the same experience but different education levels.

Salary comparison by education level monthly Nigeria Petroleum Geologist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/nigeria/oil-gas-energy-mining/petroleum-geologist/salary-comparison-by-education-level-monthly-nigeria-petroleum-geologist.jpg

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Petroleum Geologist salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Petroleum Geologist is 413,000 NGN per month.

While someone with a Master's Degree gets a salary of 511,000 NGN per month, 24% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 817,000 NGN per month, 60% more than someone with a Master's Degree.

Petroleum Geologist average salary difference by education level in Nigeria

Bachelor's Degree
413,000 NGN
Master's Degree+24%
511,000 NGN
817,000 NGN
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Nigeria costs anywhere from 1,690,000 Naira(s) to 5,080,000 Naira(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

Petroleum Geologist Salary Comparison By Gender

Salary comparison by gender monthly Nigeria Petroleum Geologist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/nigeria/oil-gas-energy-mining/petroleum-geologist/salary-comparison-by-gender-monthly-nigeria-petroleum-geologist.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Petroleum Geologist employees in Nigeria earn 12% more than their female counterparts on average.

580,000 NGN
516,000 NGN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Nigeria for all Careers

Salary comparison by gender monthly Nigeria
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/nigeria/salary-comparison-by-gender-monthly-nigeria.jpg

Petroleum Geologist Average Annual Salary Increment Percentage in Nigeria

How much are annual salary increments in Nigeria for Petroleum Geologist(s)? How often do employees get salary raises?

Petroleum Geologist

Petroleum Geologist(s) in Nigeria are likely to observe a salary increase of approximately 13% every 19 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.

Annual Salary Increment Rate Nigeria Petroleum Geologist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/nigeria/oil-gas-energy-mining/petroleum-geologist/annual-salary-increment-rate-nigeria-petroleum-geologist.jpg

The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Nigeria / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Nigeria is 5%.

Annual Increment Rate By Industry 2021

Information Technology

Listed above are the average annual increase rates for each industry in Nigeria for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Worldwide Salary Raises: All Countries and All Jobs

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Petroleum Geologist Bonus and Incentive Rates in Nigeria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Nigeria Petroleum Geologist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/nigeria/oil-gas-energy-mining/petroleum-geologist/annual-salary-bonus-rate-nigeria-petroleum-geologist.jpg

A Petroleum Geologist is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

49% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 51% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Petroleum Geologist Average Hourly Wage in Nigeria

3,120 NGN per hour

The average hourly wage (pay per hour) in Nigeria is 3,120 NGN. This means that the average Petroleum Geologist in Nigeria earns approximately 3,120 NGN for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Petroleum Geologist VS Other Jobs

Salary Comparison Between Petroleum Geologist and Oil  / Gas / Energy / Mining monthly Nigeria
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/nigeria/oil-gas-energy-mining/petroleum-geologist/salary-comparison-between-petroleum-geologist-and-oil-gas-energy-mining-monthly-nigeria.jpg

The average salary for Petroleum Geologist is 77% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager305,000 NGN-44%
Associate Analyst347,000 NGN-36%
Associate Landman146,000 NGN-73%
Auxiliary Equipment Operator130,000 NGN-76%
Biomass Plant Technician143,000 NGN-74%
Biomass Power Plant Manager435,000 NGN-20%
Chemical Plant Operator261,000 NGN-52%
Chief Contract Compliance Engineer335,000 NGN-38%
Completions Engineer296,000 NGN-45%
Cost Controller226,000 NGN-58%
Crude Oil Marketing Representative327,000 NGN-40%
Dispatcher125,000 NGN-77%
Distribution Manager407,000 NGN-25%
Dragline Operator149,000 NGN-72%
Driller Offsider112,000 NGN-79%
Dump Truck Driver123,000 NGN-77%
Electric and Gas Operations Manager714,000 NGN+32%
Energy Advisor493,000 NGN-9%
Energy Analyst446,000 NGN-18%
Energy Auditor377,000 NGN-30%
Energy Dispatch Director516,000 NGN-5%
Energy Technical Assistant198,000 NGN-63%
Energy Technical Manager388,000 NGN-28%
Energy Technical Trainer264,000 NGN-51%
Exploration Manager554,000 NGN+2%
Field Safety Auditor349,000 NGN-36%
Fluids Engineer283,000 NGN-48%
Fuel Cell Engineer328,000 NGN-39%
Fuel Cell Technician150,000 NGN-72%
Fuels Handler142,000 NGN-74%
Gas Compressor Operator137,000 NGN-75%
Gas Distribution Plant Operator244,000 NGN-55%
Gas Supply Manager443,000 NGN-18%
Geologist556,000 NGN+3%
Geophysicist559,000 NGN+3%
Geothermal Production Manager509,000 NGN-6%
Geothermal Technician221,000 NGN-59%
HSE Engineer317,000 NGN-41%
HSE Officer185,000 NGN-66%
HSEQ Administrator227,000 NGN-58%
Inspector288,000 NGN-47%
Instructor250,000 NGN-54%
Instrument Designer236,000 NGN-56%
Lead Technical Field Advisor418,000 NGN-23%
Logistics and Tool Coordinator271,000 NGN-50%
Maintenance Engineer321,000 NGN-41%
Maintenance Superintendent280,000 NGN-48%
Material Controller210,000 NGN-61%
Mine Engineer286,000 NGN-47%
Mine Surveyor346,000 NGN-36%
Mining Project Administrator276,000 NGN-49%
Mining Project Assistant215,000 NGN-60%
Mining Project Controls Consultant325,000 NGN-40%
Mining Project Coordinator271,000 NGN-50%
Mining Project Engineer307,000 NGN-43%
Mining Project Manager396,000 NGN-27%
Mining Site Manager410,000 NGN-24%
Mining Team Leader310,000 NGN-43%
NDT Technician190,000 NGN-65%
Oil Service Unit Operator156,000 NGN-71%
Oil Trader399,000 NGN-26%
Oilwell Pumper118,000 NGN-78%
Petroleum Engineer 346,000 NGN-36%
Petroleum Geologist541,000 NGN-0%
Petroleum Pump System Operator174,000 NGN-68%
Pipeline Technician122,000 NGN-77%
Power Coordinator184,000 NGN-66%
Power Plant Operations Manager600,000 NGN+11%
Power Plant Operator248,000 NGN-54%
Radio Operator140,000 NGN-74%
Reliability Engineer286,000 NGN-47%
Reservoir Engineer282,000 NGN-48%
Risk Analyst386,000 NGN-29%
Roughneck300,000 NGN-45%
Scaffolder200,000 NGN-63%
Shutdown Engineer261,000 NGN-52%
Solar Energy Installation Manager457,000 NGN-16%
Solar Energy Systems Engineer308,000 NGN-43%
Solar Photovoltaic Installer206,000 NGN-62%
Solar Thermal Technician188,000 NGN-65%
Supply Operations Manager512,000 NGN-5%
Sustainability Specialist491,000 NGN-9%
System Development Advisor363,000 NGN-33%
Tanker Truck Driver121,000 NGN-78%
Utility Operator167,000 NGN-69%
Wind Energy Project Manager428,000 NGN-21%

Salary Comparison By City

CityAverage Salary
Benin City516,000 NGN
Ibadan553,000 NGN
Kaduna506,000 NGN
Kano591,000 NGN
Lagos575,000 NGN

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Nigeria earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
328,000 NGN
Public Sector+6%
347,000 NGN
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2022