Nigeria Payslip Calculator 2026 (Pension, NHF & Net Salary)
Generate an itemized monthly Nigerian payslip with Pension Reform Act deduction (8%), National Housing Fund (NHF 2.5%), PAYE tax, and net take-home pay in Naira (NGN).
Nigeria · Nigeria Payslip Calculator
Methodology
Gross monthly remuneration consists of basic salary, housing allowance, and transport allowance. Statutory deductions subtracted include: Employee Pension (8% of basic, housing, transport), National Housing Fund (2.5% of basic salary for workers earning above minimum wage), and progressive PAYE tax deducted under PITA.
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User-provided inputs
This calculator uses only the values you enter. It does not automatically apply tax law, statutory deductions, lender fees, or live exchange rates.
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Formula basis
The formula is shown openly and no country rate is inserted automatically.
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Your estimate
AfricalHub is an independent private platform not affiliated with any government agency. Calculations are for educational planning only. Verify official filings with the relevant revenue authority or a qualified professional.
Standard Nigerian Payroll Structure & Statutory Contributions
| Payroll Item | Standard Allocation | Statutory Rate | Tax Status |
|---|---|---|---|
| Basic Salary | 40% – 50% of Gross | Base for NHF & Pension | Taxable |
| Housing Allowance | 25% – 30% of Gross | Included in Pension Base | Taxable |
| Transport Allowance | 15% – 20% of Gross | Included in Pension Base | Taxable |
| Employee Pension | Deduction | 8% of Emoluments | Tax Exempt |
| Employer Pension | Employer Cost | 10% of Emoluments | Tax Exempt |
| National Housing Fund | Deduction | 2.5% of Basic Pay | Tax Exempt |
| PAYE Income Tax | Deduction | 7% – 24% Progressive | State IRS Remittance |
Sources
User-provided inputs
This calculator uses only the values you enter. It does not automatically apply tax law, statutory deductions, lender fees, or live exchange rates.
Frequently asked questions
What statutory deductions appear on a Nigerian payslip?
Mandatory deductions comprise: 1) Employee pension (8% under Pension Reform Act 2014), 2) National Housing Fund (2.5% of basic pay), and 3) PAYE income tax under PITA.
How is the mandatory 8% employee pension calculated?
Under Section 4 of the Pension Reform Act 2014, the 8% employee contribution is computed from the monthly emoluments (basic salary + housing allowance + transport allowance). Employers match with a minimum 10% contribution.
What is National Housing Fund (NHF) and who pays it?
NHF is a statutory contribution of 2.5% of monthly basic salary deducted from Nigerian workers in both public and private sectors earning above the national minimum wage, remitted to the Federal Mortgage Bank of Nigeria (FMBN).
How does net salary affect commercial bank loan eligibility in Nigeria?
Nigerian commercial banks (such as Access Bank, GTBank, Zenith, and First Bank) cap monthly debt service payments at 33% to 40% of verifiable net monthly salary.