Average Merchandise Planner Salary in Nigeria for 2025

In this article, we will look at the average Merchandise Planner salary for 2025 in Nigeria and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Nigerian naira. To keep things simple, we are using the NGN currency code instead of the currency symbol .

How Much Does a Merchandise Planner Make in Nigeria?

A Merchandise Planner working in Nigeria will typically earn around 2,065,400 NGN per year, and this can range from the lowest average salary of about 1,009,600 NGN to the highest average salary of 3,217,900 NGN.

Average Annual Salary2,065,400 NGN
Average Monthly Salary172,116 NGN
Average Lowest Salary1,009,600 NGN
Lowest Monthly Salary84,133 NGN
Average Highest Salary3,217,900 NGN
Highest Monthly Salary268,158 NGN

These are average salaries for a Merchandise Planner in Nigeria and include benefits such as housing and transport. It's also possible for a Merchandise Planner to earn more or less than the average salaries shown above.

Merchandise Planner salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Merchandise Planner Salaries in Nigeria

So we've looked at the average salaries a Merchandise Planner will earn in Nigeria. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Merchandise Planner can earn between 1,009,600 NGN and 3,217,900 NGN on average in Nigeria. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Merchandise Planner in Nigeria is 2,100,900 NGN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,100,900 NGN, and 50% of the population earn more than 2,100,900 NGN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Merchandise Planner salary in Nigeria, 25% of the population are earning less than 1,405,700 NGN while 75% of the population earn more than 1,405,700 NGN.

75% of the population earn less than 2,711,900 NGN, and 25% of the population earn more than 2,711,900 NGN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Merchandise Planner Salary by Experience Level in Nigeria

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Merchandise Planner salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Merchandise Planner in Nigeria that has less than two years of experience can expect to earn somewhere in the region of 1,196,300 NGN.
  • 2 - 5 Years Experience. With two to five years of experience the average Merchandise Planner salary would increase to 1,537,500 NGN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Merchandise Planner, the average salary would be 2,124,400 NGN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,629,100 NGN.
  • 15 - 20 Years Experience. A Merchandise Planner with 15 to 20 years of experience can earn an average of 2,819,600 NGN.
  • 20+ Years Experience. For a Merchandise Planner with more than 20 years, the expected average salary increases to 2,998,500 NGN.

Average Salary by Experience Chart

0-2 Years-
1,196,300 NGN
2-5 Years+29%
1,537,500 NGN
5-10 Years+38%
2,124,400 NGN
10-15 Years+24%
2,629,100 NGN
15-20 Years+7%
2,819,600 NGN
20+ Years+7%
2,998,500 NGN

Merchandise Planner Salary by Education Level in Nigeria

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Merchandise Planner in Nigeria based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Merchandise Planner in Nigeria with a high school education can earn an average salary of 1,500,800 NGN.
  • Certificate or Diploma. A Merchandise Planner in Nigeria with a certificate or diploma education can earn an average salary of 1,716,600 NGN.
  • Bachelor's Degree. A Merchandise Planner in Nigeria with a bachelor's degree education can earn an average salary of 2,314,800 NGN.
  • Master's Degree. A Merchandise Planner in Nigeria with a master's degree education can earn an average salary of 2,902,500 NGN.

Average Salary by Education Chart

High School-
1,500,800 NGN
Certificate or Diploma+15%
1,716,600 NGN
Bachelor's Degree+35%
2,314,800 NGN
Master's Degree+26%
2,902,500 NGN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Nigeria is around 1,690,000 to 5,080,000 NGN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Merchandise Planner Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Nigeria, a male merchandise planner will earn an average of 2,161,200 NGN, while a female merchandise planner will earn around 1,908,800 NGN.

This means that a male merchandise planner earns approximately 13% more than a female merchandise planner for performing the same job.

Average Salary by Gender Chart in Nigeria

Male-
2,161,200 NGN
Female-13%
1,908,800 NGN

Merchandise Planner Average Pay Raise in Nigeria

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Merchandise Planner in Nigeria is around 12% every 17 months.

The national average pay raise across all professions and industries in Nigeria is around 8% every 19 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 17 ) × 12  = 8%

What this means is that a Merchandise Planner in Nigeria can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Nigeria for 2025

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Nigeria.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
5%
Energy-
1%
Information Technology-
6%
Healthcare-
2%
Travel-
7%
Construction-
3%
Education-
8%

Merchandise Planner Bonus and Incentive Rates in Nigeria

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Merchandise Planner is a moderate bonus based job, with 51% of employees reporting at least one bonus in the last 12 months.

49% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus-
51%
No Bonus-
49%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Nigeria earn approximately 6% more than private sector employees in the same role.

Public Sector-
4,162,800 NGN
Private Sector-6%
3,934,900 NGN

Salaries for Jobs Similar to a Merchandise Planner

In the table below, we have salary information for jobs that are similar to a Merchandise Planner in Nigeria.

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning5,461,900 NGN
Assistant Merchandise PlannerBusiness Planning3,061,300 NGN
Business AdvisorBusiness Planning4,991,200 NGN
Business AnalystBusiness Planning5,221,800 NGN
Business ConsultantBusiness Planning4,883,400 NGN
Business Continuity AssociateBusiness Planning2,953,200 NGN
Business DeveloperBusiness Planning3,132,800 NGN
Business Development AnalystBusiness Planning3,622,400 NGN
Business Development AssociateBusiness Planning2,543,000 NGN
Business Development CoordinatorBusiness Planning2,794,600 NGN
Business Development DirectorBusiness Planning6,768,400 NGN
Business Development EngineerBusiness Planning3,996,300 NGN
Business Development ExecutiveBusiness Planning5,003,800 NGN
Business Development ManagerBusiness Planning6,251,400 NGN
Business Development SpecialistBusiness Planning4,570,300 NGN
Business ManagerBusiness Planning5,833,500 NGN
Business Operations SpecialistBusiness Planning4,570,300 NGN
Business Process WriterBusiness Planning2,698,900 NGN
Business Systems AnalystBusiness Planning4,846,300 NGN
Capacity PlannerBusiness Planning3,553,500 NGN
Capacity Planning SupervisorBusiness Planning4,558,700 NGN
Change Communications AnalystBusiness Planning4,332,900 NGN
Change Control AnalystBusiness Planning4,690,500 NGN
Change Impact AnalystBusiness Planning4,548,600 NGN
Contracts ExecutiveBusiness Planning4,633,100 NGN
Corporate Strategy AnalystBusiness Planning4,931,400 NGN
Cost Control EngineerBusiness Planning3,168,300 NGN
Cost ControllerBusiness Planning3,444,200 NGN
Cost EstimatorBusiness Planning3,108,200 NGN
Data ExecutiveBusiness Planning2,519,500 NGN
Data ManagerBusiness Planning3,706,100 NGN
Data Processing ManagerBusiness Planning4,488,100 NGN
Development ResearcherBusiness Planning3,706,100 NGN
Director of Business DevelopmentBusiness Planning6,768,400 NGN
Director of Production PlanningBusiness Planning5,794,900 NGN
Due Diligence AnalystBusiness Planning5,172,800 NGN
Estimating ManagerBusiness Planning5,555,200 NGN
General ManagerBusiness Planning5,890,200 NGN
Incident HandlerBusiness Planning3,444,200 NGN
Incident SpecialistBusiness Planning4,043,600 NGN
Lean ConsultantBusiness Planning3,733,300 NGN
ManagerBusiness Planning6,804,900 NGN
Marketing and Business Development ManagerBusiness Planning6,058,300 NGN
Materials PlannerBusiness Planning2,146,100 NGN
Merchandise AssistantBusiness Planning2,146,100 NGN
Merchandise ControllerBusiness Planning2,052,200 NGN
Operations AnalystBusiness Planning4,633,100 NGN
Operations ManagerBusiness Planning5,376,200 NGN
Operations Research AnalystBusiness Planning3,013,500 NGN
Planning DirectorBusiness Planning6,529,400 NGN
Planning and Reporting ManagerBusiness Planning5,399,900 NGN
Project AdministratorBusiness Planning3,118,900 NGN
Project ManagerBusiness Planning4,943,500 NGN
Project PlannerBusiness Planning3,205,100 NGN
Research AssistantBusiness Planning2,662,900 NGN
Research EngineerBusiness Planning3,156,400 NGN
Research OfficerBusiness Planning2,389,200 NGN
Risk Management SpecialistBusiness Planning4,690,500 NGN
Scholarship CoordinatorBusiness Planning2,543,000 NGN
Store PlannerBusiness Planning2,304,300 NGN
Strategy DirectorBusiness Planning7,045,600 NGN
Top Research and Development ExecutiveBusiness Planning7,259,000 NGN

Salary Comparison by City

If you want to compare salaries with different cities in Nigeria, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Benin City1,805,800 NGN
Ibadan2,044,350 NGN
Kaduna1,866,150 NGN
Kano2,082,000 NGN
Lagos2,128,800 NGN

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