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Highest Paying Federal Parastatal & Agencies

Nigeria Highest Paying Federal Parastatal & Agencies-Top 10

Posted on May 12, 2025 By CampusTimesNG 1 Comment on Nigeria Highest Paying Federal Parastatal & Agencies-Top 10

We hope 2019 will be great as we bring Highest Paying Federal Parastatal & Agencies, W have taken time to do a thorough research on this topic and we do hope it will be helpful and a good way start for all those seeking a better a suitable employment this year.

Jobs in these federal parastatals and agencies are hot cakes, and mostly believed that one can hardly secure a position there in without what is generally termed “CONNECTION” Truth be told, getting jobs in these Highest paying federal parastatal & agencies is not that easy, but I assure you, people are getting it by grace

Highest Paying Federal Parastatal & Agencies
Highest Paying Federal Parastatal & Agencies

Funny enough the basic requirements is not as tasking as the private establishment, most of them accepts a third class degree and there is no so much barrier in terms of age limits, this article will cover the basic functions of each of the parastatal and agency respectively as well as their salary structures, We urge you to consider these sectors while job hunting for the federal cake.

Highest Paying Federal Parastatal & Agencies In Nigeria

There are over 95 Federal parastatals and agency in Nigeria, in no particular order, below forms the list of 10 verifiable Highest Paying Federal Parastatal & Agencies, though most of them for security reasons shy away from disclosing their monthly earnings and benefits, nevertheless, this information is oust out from trust worthy and reliable sources just for the sake of intending applicants. for confidentiality sake, I will only state the entry level salary here.

  • Federal Inland Revenue Service
  • Securities and Exchange Commission
  • Central Bank Of Nigeria
  • Bank of Industry
  • Nigeria Deposit Insurance Commission
  • Nigeria Communication Commission
  • Asset Management Corporation of Nigeria
  • Nigerian National Petroleum Company (NNPC)
  • Nigerian Maritime Administration and Safety Agency (NIMASA)
  • Nigerian Ports Authority (NPA)

Nigerian Maritime Administration and Safety Agency (NIMASA)

Highest Paying Federal Parastatal & Agencies
Highest Paying Federal Parastatal & Agencies

This famous agency was formed in 2007 for regulations of?maritime?shipping activities in Nigeria, apart from that, the agency equally inspects, searches ad well as the provision of rescue and safety services on the Nigeria waterways. it is reported that the monthly salary at?entry-level doubles between #250,000-#270,000 amidst other benefits.

Federal Inland Revenue Service(FIRS)

Highest Paying Federal Parastatal & Agencies
Highest Paying Federal Parastatal & Agencies

The Federal Inland Revenue service was established in 1943, its primary function is tax generation, assessment, collection, monitoring and accounting to boost the government revenue for nation building. FIRS is presently the highest and biggest tax collecting body in Africa.

Salaries of FIRS staff is structured based on grade level and keeps growing as the staff keeps growing in the service, starting from an officer 11 cadre, officer 1, Assistant Manager, Deputy Manager, Manager, and so on. Note that the allowances and bonuses paid to FIRS staff mostly exceed their monthly salaries depend on the occupied position.

Officer 11? N183,000/Month

Nigeria Deposit Insurance Corporation (NDIC)

Highest Paying Federal Parastatal & Agencies
Highest Paying Federal Parastatal & Agencies

NDIC is?an federal independent agency of Nigeria established in 1988, it is a deposit insurance agency which protects banks customers(?depositors) through payment guarantee of insured funds, usually in the case where the bank faces hard times, they also advice the CBN on liquidation threat of any financial institution, the aim is basically to avert the he image and confidence of the?banking sector being destroyed

Nigerian National Petroleum Company (NNPC)

Highest Paying Federal Parastatal & Agencies
Highest Paying Federal Parastatal & Agencies

The NNPC was established in 1977 for oil related ventures in Nigeria, they are doubtless one of the highest paying federal agencies in Nigeria, see salary range below;

Sales manager ? #320,000-#350,000
Economist ? #360,000-#370,000

Bank of Industry (BOI)

Highest Paying Federal Parastatal & Agencies
Highest Paying Federal Parastatal & Agencies

Bank of Industry was founded in 2001 with the sole responsibility of granting financial supports and loans to for the development of industries both at government and private level in Nigeria, according to search by CTN, average salary of the employees on is as seen below;

Financial Analyst ? #270,000-#280,000
Banking officer ? #450,000-#480,000

Central Bank of Nigeria (CBN)

Highest Paying Federal Parastatal & Agencies
Highest Paying Federal Parastatal & Agencies

CBN pays its staff very high compared to some other federal agencies, it is generally considered as the first five in terms of salary structure, however, such information is kept secret for confidential sake, and so we would not want to give an exact amount, below is the range of their salary structure
Trainee ? #45,000-#50,000
Entry level staff ? #125,000-#150,000
Loan officer ? #575,000-#600,000
Credit Analyst ? #650,000-#700,000
Branch manager ? #740,000-#800,000

Nigerian Ports Authority (NPA)

Highest Paying Federal Parastatal & Agencies
Highest Paying Federal Parastatal & Agencies

Counselors ? #180,000 to #200,000
Deck Cadet ? #250,000 to #300,000
HSE officers ? #300,000 to #400,000
Control & instrumentation engineers. ? #450,000 to #600,000

 

In all, salaries of newly Employed staff are usually low compared to the old and experienced staff, however, some newly engaged staff at experienced and professional level, at a higher rank still earn higher than the old staff, nevertheless, the salary increase equally increases with duration of service,?promotion and self development respectively.

For other ones not mentioned here, probably you would love to contribute to the post, you can make use of the comment box below.

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Comment (1) on “Nigeria Highest Paying Federal Parastatal & Agencies-Top 10”

  1. Shima Zegeor says:
    December 18, 2019 at 7:51 am

    I appreciate this post. it will sure boost my application level for government jobs.
    However, i wish to contact the writer, there are things i need to discuss privately.
    Thank you.

    Regards!

    Shima Zegeor

    Reply

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