Pharmacist Salary in Nigeria
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Pharmacists are among the best-paid professionals in Nigeria because of the glory and respect they have. Most of the students and their parents prefer going with medical profession as it guarantees you a job after getting the degree. When it comes to the health sector, it include doctors, pharmacists, and nurses.
Occupation: | Pharmacist |
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Monthly Salary Range: | ₦225991 – ₦682933 |
Average Monthly Salary: | ₦454462 |
Description: | Pharmacists collaborate with doctors and other medical health professionals and mainly deal with medicines. |
Minimum Qualification: | Bachelor’s Degree |
If you are interested in becoming a pharmacist and are looking for information related to pharmacist salary in Nigeria, you are at the right place. In this article, we will look at the overview of pharmacist salaries in 2023 in Nigeria and the salary structure in addition to extras and bonuses they get. Let’s, without wasting any more time, start with the informative guide below.
Overview of Pharmacist Salary in Nigeria
Studying pharmacy and becoming a pharmacist is one of the exciting fields of education that guarantees you a job after getting the degree. There is an excellent scope for pharmacists in Nigeria. Their salary ranges between ₦ 225,991 to ₦ 682,933.
And when it comes to average monthly salary, a pharmacist can earn around ₦ 443,850 in Nigeria. This becomes around ₦ 5,326,200 annual salary. The salaries are not the definitive salaries because they vary according to gender, experience, skills, and location.
In Nigeria, pharmacists are some of the highly regarded individuals who collaborate with nurses, doctors, and other healthcare experts to take care of the patient ideally. The median salary of a pharmacist working in Nigeria is ₦ 435,150, which means half of the professionals earn more than this, and half earn less than ₦435,150. Let’s look at the extras and bonuses pharmacists get and what is the salary structure based on which the salary of a pharmacist in Nigeria depends.
Extras
When we talk about the extra payment, increments, bonuses, and cash incentives the pharmacist gets in Nigeria, we came to know with our research that the average salary of a pharmacist is increased every 20 months. It grows up to 11%.
Moreover, with our research, we have come to know that around 51% of the employees have received bonuses in the last year, whereas 49% of pharmacists working in the country have not received any bonus in the previous year of their work. The bonuses that you can receive as a pharmacist include individual performance bonuses, company performance bonuses, holiday bonuses, and goal-based bonuses.
Salary Structure
Ranks
There are three ranks in the pharmacist job. They are Assistant Pharmacist, Pharmacist, and Assistant Pharmacy Director.
- Assistant pharmacists can make up to ₦ 3,277,900 per year.
- Whereas pharmacists can make up to an average of ₦ 5,326,200 per year.
- Furthermore, assistant pharmacy directors can make up an average of ₦ 6,600,900 annually.
Professional Experience
Number of years plays a crucial role in determining your salary. With increased years of experience, you can increase your chances of getting a higher wage.
- Those who have recently completed their degree and are now starting their career as a pharmacist can earn an average of ₦ 3,047,800 per year. This approximate figure is also for those pharmacists who have less than two years of experience.
- Then comes the pharmacist, who has 2 to 5 years of experience. They can earn an approximate amount of ₦ 3,970,700 per year.
- A pharmacist with 5 to 10 years of experience can make up to ₦5,567,700 annually.
- Those with 10 to 15 years of experience can earn more than ₦ 6,696,900 annually.
- If we talk about highly professional and skilled pharmacists who have more than 15 years of experience, they can earn in the range of ₦ 7,271,300 ₦ 7,848,500 per year while working in the field.
Degree
Those pharmacists working in Nigeria and holding a Bachelor’s Degree education can make up an average salary of around ₦ 3,755,300 per year. Alternatively, a master’s degree can make up to ₦ 6,660,500 annually.
Responsibilities Of Doctors
Pharmacists provide their services typically in pharmacies. They are commonly employed in cardiac care centers, hospitals, mental health facilities centers, specialty clinics, community pharmacies, rehabilitation centers, and addiction treatment centers. They have a lot to do and are responsible for various duties.
- Pharmacists verify the medication, check their formulas, and match them according to the doctor’s prescriptions.
- They are also responsible for checking whether certain medicines will react in the body with other medicines.
- They are involved in preparing the prescriptions based on the instructions given by the prescriber.
- Pharmacists also educate the patients about what medicine needs to be taken at what time and for how many days.
- They also look after pharmacy interns and check-out technicians.
- They keep a record of administrative tasks going on in the pharmacy.
- Pharmacists verify that the patient is not at risk of reactions to certain medicines.
- Moreover, pharmacists also let their patients know about the side effects of the medicines they are going to take based on the prescription of their patients.
What is the average salary of a pharmacist in Nigeria?
According to the research and data, it has been concluded that the average salary of a pharmacist in Nigeria is approximately ₦ 443,850 per month. When we convert this salary into an annual salary, we will know that a pharmacist in Nigeria can earn ₦ 5,326,200 per year.
How many pharmacists are there in Nigeria?
21,892 pharmacists in Nigeria are currently registered in the country. However, the research and data say that only 58.5% of them are actively participating in pharmacy work and are involved in professional practice as licensed pharmacists. This means only 128,07 pharmacists are currently active and are working there in Nigeria.
Is there any difference in salaries of pharmacists in nigeria on the basis of genders?
Yes, there is a difference between the salaries of a pharmacist on the basis of their gender. Although it is not appreciated, there is a noticeable difference in the salaries of both genders. It has been noticed that males earn 18% more than females in the same job as a pharmacist in Nigeria.
Article Modified on October 28, 2023. The data in this article is written and collected by multiple authors. Learn how we research on About Us.