Nigerian Salary Calculator
Calculate your net take-home salary in Nigeria after all deductions including PAYE tax, pension contributions, and NHF. Get detailed breakdown of your monthly and annual earnings.
Basic Salary & Allowances
Base salary excluding allowances
Additional Income & Settings
Annual bonus or 13th month payment
Employee pension contribution
Salary Calculation Results
Net Monthly Salary
Take-home pay after all deductions
Gross Monthly
Before deductions
Take-Home Rate
Net as % of gross
Monthly Deductions
Annual Summary
Salary Insights
Related Calculators
Frequently Asked Questions
How do I calculate my net salary in Nigeria?
To calculate net salary in Nigeria, subtract all deductions from your gross salary: pension contribution (8% of basic salary), National Housing Fund - NHF (2.5% of basic salary, optional), PAYE tax (progressive rates from 7-24%), and any other deductions like union dues or loans. Net salary = Gross salary - Total deductions.
What percentage of salary goes to pension in Nigeria?
In Nigeria, employees contribute 8% of their monthly salary to pension under the Contributory Pension Scheme, while employers contribute 10%. The total contribution is 18% of gross salary. The 8% employee contribution is tax-deductible, reducing your taxable income for PAYE calculation.
Is National Housing Fund (NHF) contribution mandatory in Nigeria?
NHF contribution is technically mandatory for all Nigerian employees, at 2.5% of basic salary. However, enforcement varies, and many private employers don't deduct it. The contribution is capped at ₦5,000 monthly (for basic salary above ₦200,000) and gives you access to NHF mortgage loans.
What is the minimum wage in Nigeria for 2024?
The minimum wage in Nigeria is ₦70,000 per month, effective from May 2024. This replaced the previous minimum wage of ₦30,000. Employees earning the minimum wage or below are exempt from PAYE tax deductions but still contribute to pension and NHF where applicable.
How are allowances taxed in Nigeria?
Most allowances in Nigeria are taxable and included in gross income for PAYE calculation. However, some allowances have tax exemptions: transport allowance (up to ₦18,000 annually), meal subsidy (up to ₦25,000 annually), and accommodation (if provided by employer). Other allowances like housing, medical, and communication allowances are generally taxable.