7 Benefits Of Getting A Federal Government Job In Nigeria
Nigeria is one of the biggest countries in Africa. Not only is it the most populous nation in the continent, but it is also the biggest economy in the region.
Known as the “Giant of Africa,” Nigeria is currently the 31st largest economy in the world. It is currently ranking as an emerging market by the World Bank. Oil and gas are one of the country’s biggest industries.
Even though there are jobs in the private sector, the country’s people prefer to become federal government employees.
There are numerous reasons for this, but the most important are job stability and financial security. And that’s not all. Federal government employees get a lot of other perks that many jobs in the country don’t offer.
Checkout Seven Prime Advantages Of Getting A Federal Government Job In Nigeria
There are some of the most significant advantages of working in Nigeria as a federal government employee. This includes better financial stability, increased compensation rate, vacation opportunities, health benefits, and many more.
Here are some of the reasons for getting a federal government job in Nigeria:
1. Financial Stability
Federal government jobs in Nigeria are amongst the highest-paying ones in the country. Careful estimates show that a typical federal government employee can make well over 1 million naira a year.
The amount can be higher depending on the position and department in which an individual is getting employment opportunities.
If these numbers have made you curious, you can look at the highest paying government jobs in Nigeria for which professionals can apply. These lucrative pay scales are one of the primary reasons for getting a government job in the country.
2. Job Security
Few privately held companies can offer the level of job security that a government position does. And this is true for most countries, not just Nigeria.
For this nation in particular, the extent of job security in the federal government is much greater than any other privately owned corporation.
These days, in particular, due to the global economic slowdown, job security in the private sector is relatively low.
Numerous private companies are famous for one-person operations. This means that the owner’s interests are the only ones that matter.
Employees in the private sector have a nearly three-fold more significant chance of losing their jobs than those in the public sector.
However, federal government employees in Nigeria enjoy job security and growth because the administrative roles they are in continue to hold value, and changing governments don’t impact them.
3. Ability to avail various schemes
Many private companies don’t offer lucrative incentives to employees, including medical, health, and educational plans.
They are just paid salaries that are also, at times, inadequate for individuals to pay for these expenses out of their own pockets. Since government jobs offer these benefits and salaries, they are more favorable for citizens of the country.
The government in Nigeria continuously announces various subsidies and schemes for citizens. However, for its employees, specific beneficial schemes are always in place that cut their expenses significantly.
This allows more savings and the ability to spend that money elsewhere, providing families and loved ones a better life.
4. Paid vacations
Most private businesses in Nigeria don’t follow vacation standards that are a norm elsewhere in the world.
They tend to extend workdays to six days a week and rarely care about public holidays, let alone paid vacation days. Due to the strenuous work conditions, working in a privately owned firm in Nigeria takes its toll on most individuals.
Of course, not all private organizations are like this, but enough of them are. On the contrary, government departments are more careful about treating their employees.
Workers in the federal administration get paid vacation days. They have public holidays to spend with their families and various other perks when taking time off work for any reason.
5. Training and workshops
Working at an organization is only sometimes about earning money and getting paid vacations. For most employees these days, it is about much more than that.
Most of the modern workforce focuses on professional development. They aim to upskill so that they can become better versions of themselves at work.
Many private companies in Nigeria provide their employees with training and workshops. They don’t do it as government departments do.
The federal government in Nigeria has a robust program for training employees. These programs allow them to develop their professional capacities to move up the ladder.
Also, an internal merit program provides direct access to other opportunities within the government.
6. Stability and growth
Following the last point, federal government employees have much more stable growth and placements.
Private companies are primarily concerned with generating revenues and making a profit. This means that when the economic conditions are unfavorable, organizations can resort to layoffs to cut expenses and continue operations.
Since revenue is not a primary concern in government organizations, employees are much more stable and secure in their jobs.
Mass layoffs are not common in government departments unless there is a drastic overhaul, privatization, or severe recession. Naturally, individuals in Nigeria prefer government jobs over private sector ones.
7. Benefits in retirement
When working for a private organization, individuals only get paid while working. Some companies offer certain saving funds. A certain amount is deducted from the employee’s payroll to go toward a lump sum payment when they retire.
However, not all private companies offer this. Moreover, there is little that they can do for the employee post-retirement.
But that is not the case with government organizations. A pension fund is allocated to each government employee. These employees pay a monthly income after they retire. This continues for as long as they are alive.
Government employees also have the option to retire earlier than those working in the private sector while still being able to receive a pension from their administrative job.
Happy Job Hunting!
Federal government jobs in Nigeria are a complete package for professional life. This is why many employees prefer to find employment with almost any department that falls under the federal government’s purview.
Besides job security and stability, there are the benefits of lucrative pay, training for professional development, retirement benefits, facilitation schemes for health and education, and paid vacations for employees to live comfortable and stress-free lives.
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