The Chief Executive Officers (CEOs) of companies are the frontliners of companies as they take the most risk and are hit the hardest whenever disaster hits the companies.
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.
#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.
#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.
#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.