Salary Structure

Salary Structure of Power Holding Company of Nigeria (PHCN)

The Power Holding Company of Nigeria (PHCN), formerly known as the National Electric Power Authority (NEPA), was responsible for electricity generation, transmission, and distribution in Nigeria until it was privatized in 2013. Despite the privatization, understanding the salary structure during its operational period provides insight into the remuneration framework of Nigeria’s power sector. This article will detail the salary structure of PHCN, including various job roles and their corresponding pay scales, factors influencing salaries, and the general benefits provided to employees.

Overview of PHCN

PHCN was established to manage the electric power supply in Nigeria. It operated across multiple sectors, including generation, transmission, and distribution, employing a large workforce to handle diverse roles from engineering to administrative tasks.

Salary Structure by Job Role at the Power Holding Company of Nigeria (PHCN)

Executive and Management Positions

  1. Managing Director/Chief Executive Officer
    • Salary Range: ₦1,500,000 – ₦2,000,000 per month
    • Role: Oversee the entire operations of PHCN, make strategic decisions, and ensure the company’s objectives are met.
  2. Executive Directors
    • Salary Range: ₦1,200,000 – ₦1,800,000 per month
    • Role: Manage various departments such as Generation, Transmission, Distribution, and Corporate Services.
  3. General Managers
    • Salary Range: ₦800,000 – ₦1,200,000 per month
    • Role: Head specific operational areas within the company, ensure smooth operations, and report to executive directors.

Engineering and Technical Positions

  1. Senior Engineers
    • Salary Range: ₦500,000 – ₦800,000 per month
    • Role: Oversee engineering projects, ensure maintenance of equipment, and supervise junior engineers.
  2. Engineers
    • Salary Range: ₦300,000 – ₦500,000 per month
    • Role: Implement engineering projects, conduct repairs, and maintenance tasks.
  3. Technicians
    • Salary Range: ₦100,000 – ₦300,000 per month
    • Role: Support engineers in installation, maintenance, and repair work.

Administrative and Support Staff

  1. Administrative Officers
    • Salary Range: ₦150,000 – ₦300,000 per month
    • Role: Handle administrative duties, manage office operations, and provide support to senior management.
  2. Accountants
    • Salary Range: ₦200,000 – ₦400,000 per month
    • Role: Manage financial records, prepare budgets, and oversee financial transactions.
  3. Clerical Staff
    • Salary Range: ₦80,000 – ₦150,000 per month
    • Role: Perform clerical duties, manage files, and assist in office administration.

Factors Influencing Salaries at PHCN

Job Role and Responsibilities

The complexity and importance of the job role significantly influenced salaries at PHCN. Higher responsibility roles such as executive and management positions attracted higher pay compared to technical and administrative roles.

Experience and Qualifications

Employees with higher qualifications and more years of experience typically earn more. For instance, senior engineers with extensive experience earned higher salaries than their junior counterparts.


The location of the job also affected salaries. Positions in major cities like Lagos or Abuja often offered higher pay compared to those in rural areas, reflecting the higher cost of living in urban centers.

Performance and Promotion

Performance-based incentives and periodic promotions also impacted the salary structure. Employees demonstrating exceptional performance or acquiring additional qualifications were often rewarded with salary increments and promotions.

Benefits and Allowances

Housing Allowance

PHCN provided housing allowances or accommodations for some of its employees, especially those in executive and managerial positions.

Medical Benefits

Employees were entitled to medical benefits, which covered healthcare for themselves and their immediate families.

Transport Allowance

Transport allowances were provided to employees to cover commuting expenses. Some senior staff also received official vehicles.

Pension and Gratuity

PHCN had pension schemes to ensure financial security for employees after retirement. Gratuity payments were also made to employees based on their years of service.

FAQs about PHCN Salary Structure

What was the average starting salary for an engineer at PHCN?

The average starting salary for an engineer at PHCN ranged between ₦300,000 and ₦500,000 per month.

Did PHCN provide any allowances in addition to the basic salary?

Yes, PHCN provided several allowances including housing, transport, and medical allowances, in addition to the basic salary.

Were PHCN salaries competitive compared to other sectors?

PHCN salaries were relatively competitive, particularly in the public sector, offering decent remuneration and benefits compared to other government agencies.

How often were salary reviews conducted at PHCN?

Salary reviews at PHCN were typically conducted annually, taking into account factors such as inflation, employee performance, and overall company profitability.

What benefits did PHCN provide upon retirement?

Upon retirement, PHCN employees were entitled to pension benefits and gratuity payments, ensuring financial security post-retirement.


The salary structure of the Power Holding Company of Nigeria was designed to attract and retain skilled professionals in the power sector. With a mix of competitive salaries, allowances, and benefits, PHCN aims to ensure job satisfaction and stability for its workforce. Understanding this structure helps in appreciating the compensation dynamics in Nigeria’s electricity industry.

Also Read: Salary Structure of Transmission Company of Nigeria (TCN) in 2024

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