Top 5 Highest Earning CEOs In Nigeria Receive Between N272M To N586 Million: See The List

The Chief Executive Officers (CEOs) of corporations are burdened with the herculean responsibilities and next moves to take the companies to the next level. They are blamed and praised for the success and failure of these companies. As the risk is high, so is the remuneration they receive yearly.

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The amount these CEO’s earn is equivalent to the time and work they put in the company to achieve success.

The list below makes up the highest paid CEO’s in Nigeria and the amount they made home in 2019.

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#1.Ferdinand Moolman, MTN Nigeria

Ferdinand Moolman is the chief executive officer of MTN Nigeria Communications Plc, and he earned N586 million in 2019.

#2. Austin Avuru, Seplat

Augustine Avuru is the co-founder and CEO of Seplat Petroleum Development Company Plc. In 2019, Avuru earned N440 million.

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#3.  Segun Agbaje, GTBank

Segun Agbaje is the CEO of Guaranty Trust Bank, and he earned N400 million in 2019. This shows an increase of N16 million from his N384 million remuneration in 2018.

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#4.  Yaw Nsarkoh, formerly with Unilever Nigeria Plc 

He earned N303 million in the year 2019.

#5. Michel Puchercos, formerly with Lafarge Africa but currently with Dangote Cement Plc.

Michel Puchercos earned N272 million in 2019.

Source: www.Ghgossip.com