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Top 10 Highest Paid CEOs in Nigeria in 2026

Folaranmi Ajayi by Folaranmi Ajayi
February 5, 2026
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In ascending order.

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10. Segun Agbaje (GTCO) = N471M per annum.

AcadAi AcadAi AcadAi

9.. Adebayo Alli (Guinness Nigeria) = N756M per annum.

8. Wassim Elhusseini (Nestlé Nigeria) = N831M per annum.

GrannyMurray School GrannyMurray School GrannyMurray School
Your Certificate Is Not Enough! Your Certificate Is Not Enough! Your Certificate Is Not Enough!

7. Adaora Umeoji (Zenith Bank) = N874M per annum.

6. Samba Seye (TotalEnergies Nigeria) = N1.06B.

5. Arvind Pathak (Dangote Cement) = N1.58B per annum.

4. Wale Tinubu (Oando Plc) = N1.80B per annum.

3. Adegbite Falade (Aradel Holdings) = N2.44B per annum.

2. Karl Toriola (MTN Nigeria) = N3.14B per annum.

1. Roger Thompson Brown (Seplat Energy) = N3.90B per annum.

**********************************

Notable facts from the above data.

1. The highest salary earner in Nigeria is a white man (CEO of Seplat Energy). Is that strange or what?

2. The oil and gas sector remains the sector that pays the highest salary in Nigeria.

3. The Telcoms industry is the second highest salary-paying sector in Nigeria.

4. Southwesterners (Yorubas, six of them) represent the highest salary earning ethnic group or CEOs in Nigeria.

5. You need to become a CEO and earn a salary in Billions. 😃

#truthissacred
Selah.

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Folaranmi Ajayi

Folaranmi Ajayi

Folaranmi Ajayi, is an educator and journalist covering education,as an educator he has over a decade of experience in teaching and helping students pass exams with above-average grades. He is an education journalist with a special interest in local education,policy writing, solutions journalism, mentoring students, public speaking, and online training.

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