Here in this article, we shall be discussing in detail the PPPRA Salary Structure and Allowances for the year 2023. Therefore, carefully follow this content to understand how staff are being paid
It is critical to review the amount that the Petroleum Products Pricing Regulatory Agency pays its workers or employees before applying for the Petroleum Products Pricing Regulatory Agency Recruitment.
Petroleum Products Pricing Regulatory Agency salaries are quite high, particularly for those in management positions; nevertheless, this does not imply that others in lower cadres earn less. Petroleum Products Pricing Regulatory Agency is one of Nigeria’s highest-paying agencies, and knowing their salary structure may be of interest to you, so read this article thoroughly.
Do you want to know the exact PPPRA Salary Structure per month or per year? If you answered yes, this page will supply you with all the information you require about Petroleum Products Pricing Regulatory Agency employee pay. Please keep in mind that the figures in this article are subject to change at any time, so make sure to follow the instructions at the conclusion of the article to get updated as soon as any of the figures change.
About Petroleum Products Pricing Regulatory Agency
PPPRA stands for Petroleum Products Pricing Regulatory Agency, and it was founded in 2003 after the bill to create the agency, which had been enacted in 2001, finally passed the senate reading. PPPRA’s goal is to reposition Nigeria’s downstream sub-sector for increased efficiency and transparency. Their vision is to create a strong, thriving downstream sub-sector of the petroleum industry, where refining, supply, and distribution of petroleum products are self-financing and self-sustaining.
Salaries at PPPRA are exclusively determined by the employee’s rank, with lower-ranking employees earning less than higher-ranking employees. The wage formulas for various roles in Petroleum Products Pricing Regulatory Agency will be outlined on this page.
Updates on PPPRA Salary Structure
The following is a breakdown of the monitoring body’s wage profile: Basic salary – N2,167,702,293; regular allowances – N2,130,836,029; non-regular allowances – N1,153,044,623; NHIS – N113,874723, pension – N160,462,867. The total is N5,725,920,535.
PPPRA Salary Structure and Allowances 2023
Petroleum Products Pricing Regulatory Agency, along with DPR, is one of Nigeria’s highest-paying federal government organizations, with entry-level employees earning as much as N190,000 per month excluding allowances.
A senior official in the DPR can make up to N5 million Naira per year, and they also get their salaries in advance, which is substantial in comparison to other federal agencies in Nigeria.
Because these values are subject to change at any time, it is critical that you keep up to current on the Petroleum Products Pricing Regulatory Agency wage structure.
It’s vital to know when PPPRA recruitment starts because we know a lot of our readers want to work for federal government agencies that pay well, so make sure you read our Petroleum Products Pricing Regulatory Agency recruiting guide here, where we meticulously describe the qualifications needed to work for PPPRA.