Nigeria's Highest Paid CEOs in Public Companies (2021)
Quote from Ndubuisi Ekekwe on July 20, 2022, 3:23 PM
This is the roll call of those who make the most money in Nigeria's publicly traded firms. Money everywhere, with no space on the phone screen to show all the digits. But if you look deeper, at the global scene, Nigerian top CEOs are not really well paid, after compensating for many factors, except purchasing power parity. If you include PPP, they have truckloads of digits! Nairametrics data.
#1. Michel Puchercos (Dangote Cement) – N531 million
#2. Roger Brown (Seplat Energy) – N475 million
#3. Mr. Karl Toriola (MTN Nigeria) – N368 million
#4. Mr. Ravindra Singhvi (Dangote Sugar) – N289.7 million
#5. Mr Khaled Abdel Aziz El Dokani (Lafarge Africa) – N288.6 million
#6. Ebenezer Onyeagwu (Zenith Bank) – N246 million
#7. Hans Essaadi/ Jordi Borrut Bel (Nigerian Breweries) – N243.1 million
#8. Baker Magunda (Guinness Nigeria) – N243 million
#9. Carl Cruz (Unilever Nigeria) – N231.6 million
#10. Wassim Elhusseini (Nestle Nigeria) – N206.4 million
Source: Nairametrics

This is the roll call of those who make the most money in Nigeria's publicly traded firms. Money everywhere, with no space on the phone screen to show all the digits. But if you look deeper, at the global scene, Nigerian top CEOs are not really well paid, after compensating for many factors, except purchasing power parity. If you include PPP, they have truckloads of digits! Nairametrics data.
#1. Michel Puchercos (Dangote Cement) – N531 million
#2. Roger Brown (Seplat Energy) – N475 million
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#3. Mr. Karl Toriola (MTN Nigeria) – N368 million
#4. Mr. Ravindra Singhvi (Dangote Sugar) – N289.7 million
#5. Mr Khaled Abdel Aziz El Dokani (Lafarge Africa) – N288.6 million
#6. Ebenezer Onyeagwu (Zenith Bank) – N246 million
#7. Hans Essaadi/ Jordi Borrut Bel (Nigerian Breweries) – N243.1 million
#8. Baker Magunda (Guinness Nigeria) – N243 million
#9. Carl Cruz (Unilever Nigeria) – N231.6 million
#10. Wassim Elhusseini (Nestle Nigeria) – N206.4 million
Source: Nairametrics
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