Thrive Agric Salary in Nigeria: Full Details With Complete Breakdown

Note: Specific salary data for Thrive Agric employees in Nigeria is limited, as the company does not publicly disclose detailed compensation structures. This article synthesizes available information from sources like Glassdoor, MySalaryScale, and MyJobMag, supplemented by industry trends and economic conditions, to provide a comprehensive overview of Thrive Agric salaries in Nigeria as of June 2025. All salary figures are monthly, in Nigerian Naira (NGN), unless stated otherwise, and account for inflation (30–35% annually) and naira depreciation (₦1,600–₦1,800 per USD). Estimates are based on reported data for specific roles and comparable positions in Nigeria’s agritech sector.

Introduction

Thrive Agric is a leading agricultural technology (agritech) company in Nigeria, founded in 2016 by Uka Eje and Ayodeji Arikawe. Based in Abuja with operations across 22 states, the company empowers smallholder farmers by providing access to finance, data-driven farming practices, and local/global markets through platforms like Tradr, AOS, and Tmoni. Thrive Agric employs over 227 staff, including field officers, extension agents, IT specialists, and management, and has supported over 500,000 farmers with $150 million in financing. Its focus on food security and farmer profitability positions it as a key player in Nigeria’s agritech sector.

Salaries at Thrive Agric vary based on role, experience, location, and employment model (full-time, contract, or commission-based). As a technology-driven startup, Thrive Agric offers competitive pay compared to traditional agriculture but may lag behind oil and gas or fintech sectors. This article provides a detailed breakdown of estimated salaries for key roles at Thrive Agric, including base pay, allowances, benefits, and factors influencing compensation, adjusted for 2025 economic conditions.

Thrive Agric: Workforce Overview

Thrive Agric’s workforce supports its mission to build Africa’s largest network of profitable farmers. Key roles include:

Field Officer: Engages with farmers, collects data, and distributes inputs using the Agricultural Operating System (AOS).
Agricultural Extension Agent: Provides training and advisory services to farmers on modern farming techniques.
IT Specialist/Intern: Supports technology platforms like AOS, Tradr, and Tmoni for data management and market access.
Inventory/Operations Officer: Manages input distribution, warehousing, and logistics.
Account Assistant: Handles financial records and transactions.
Management (e.g., Head of Production): Oversees operations, strategy, and partnerships.
Commission-Based Agents (Tradr/Crust): Facilitate commodity trading and financial services, earning commissions.

Employees range from entry-level interns to senior managers, with roles requiring skills in agriculture, technology, or finance. Field-based roles often involve extensive travel across Nigeria, particularly in rural areas like Kaduna, Kano, and Jigawa.

Salary Context in Nigeria’s Agritech Sector

Salaries at Thrive Agric are influenced by several factors:

Role and Specialization: Technical roles (e.g., IT specialists) and management earn more than field-based roles.
Experience: Senior professionals (10+ years) earn significantly more than entry-level staff.
Location: Salaries in Abuja and Lagos are higher due to living costs, though field roles in rural areas may include allowances.
Employment Model: Full-time employees receive benefits, while commission-based agents (e.g., Tradr) earn variable income.
Economic Conditions: Inflation (30–35% annually) and naira depreciation (₦1,600–₦1,800 per USD) erode real wages, but startups adjust pay to remain competitive.
Industry Standards: Agritech salaries are lower than oil and gas (₦500,000–₦3,000,000) but competitive with traditional agriculture (₦50,000–₦200,000).

Glassdoor reports a 3.5/5 compensation rating for Thrive Agric, with 19 salaries for 17 roles averaging ₦99,750 monthly, per MySalaryScale.

Estimated Salary Breakdown for Thrive Agric Roles

Salary estimates are derived from Glassdoor, MySalaryScale, MyJobMag, and agritech industry trends, adjusted for 2025 conditions. Figures are monthly, in NGN, unless stated otherwise.

1. Field Officer

Salary Range: ₦80,000–₦150,000 (Average: ₦100,000)
Responsibilities: Onboarding farmers, mapping farms, and distributing inputs using AOS.
Rationale: MySalaryScale reports an average of ₦99,750 for Field Officers, with similar roles in agritech (e.g., FarmCrowdy) paying ₦80,000–₦120,000. Adjusted for 2025 inflation, ₦80,000–₦150,000 is realistic.
Example Employers: Thrive Agric, Agrilet.

2. Agricultural Extension Agent

Salary Range: ₦100,000–₦200,000
Responsibilities: Training farmers on climate-smart practices and monitoring crop performance.
Rationale: MyJobMag lists extension agent roles requiring travel, with salaries of ₦100,000–₦150,000. Industry trends suggest up to ₦200,000 for experienced agents. Adjusted for 2025, this range holds.
Example Employers: Thrive Agric, government programs.

3. IT Specialist/Intern

Salary Range: ₦60,000–₦150,000 (Average: ₦99,750)
Responsibilities: Supporting AOS, Tradr, or Tmoni platforms for data and financial services.
Rationale: MySalaryScale reports IT Intern salaries at ₦99,750, with entry-level IT roles in agritech starting at ₦60,000. Experienced specialists earn up to ₦150,000, per industry benchmarks.
Example Employers: Thrive Agric, FarmCrowdy.

4. Inventory/Operations Officer

Salary Range: ₦100,000–₦250,000 (Average: ₦99,750)
Responsibilities: Managing input distribution, warehousing, and logistics.
Rationale: MySalaryScale includes Inventory Officer salaries in the ₦99,750 average, with logistics roles in agritech paying up to ₦200,000–₦250,000 for mid-level experience. Adjusted for 2025, ₦100,000–₦250,000 is feasible.
Example Employers: Thrive Agric, AgroMall.

5. Account Assistant

Salary Range: ₦80,000–₦150,000 (Average: ₦99,750)
Responsibilities: Handling financial records and transactions for farmer financing.
Rationale: MySalaryScale reports Account Assistant salaries within the ₦99,750 average, with similar roles in startups paying ₦80,000–₦120,000. Adjusted for 2025, ₦80,000–₦150,000 accounts for experience.
Example Employers: Thrive Agric, startups.

6. Head of Production/Management

Salary Range: ₦300,000–₦800,000
Responsibilities: Overseeing operations, partnerships, and strategy implementation.
Rationale: MySalaryScale includes Head of Production in the ₦99,750 average, but management roles in agritech startups (e.g., FarmCrowdy) pay ₦300,000–₦700,000, per industry trends. Adjusted for 2025, ₦300,000–₦800,000 reflects seniority.
Example Employers: Thrive Agric, TracTrac.

7. Commission-Based Agents (Tradr/Crust)

Salary Range: ₦50,000–₦500,000
Pricing Models:
- Per Transaction: ₦5,000–₦50,000
- Monthly Earnings: ₦50,000–₦500,000 (based on volume)
Responsibilities: Facilitating commodity trading (Tradr) or financial services (Crust).
Rationale: Tradr and Crust agents earn commissions, with high-performing agents reaching ₦500,000 monthly, per fundforyouthemployment.nl. Entry-level agents earn closer to ₦50,000.
Example Clients: Farmers, off-takers.

8. Senior Management/Executives

Salary Range: ₦800,000–₦2,000,000
Responsibilities: Leading strategic initiatives, securing funding, and expanding operations.
Rationale: Senior roles in agritech startups command ₦800,000–₦1,500,000, per industry benchmarks, with executives at funded startups like Thrive Agric earning up to ₦2,000,000 due to $56.4 million in funding. Adjusted for 2025, this range is realistic.
Example Roles: CEO, CTO.

Additional Benefits

Thrive Agric employees may receive:

Bonuses: Performance-based (₦20,000–₦100,000 annually), per Glassdoor’s 3.5/5 rating.
Health Insurance: Offered to full-time staff in urban offices.
Travel Allowances: ₦20,000–₦50,000 monthly for field roles requiring extensive travel.
Training: Access to workshops on agritech and climate-smart practices.
Flexible Work: Remote or hybrid options for IT and management roles.
Commission Incentives: Tradr/Crust agents earn variable income based on transaction volume.

Total Monthly Compensation (Sample Roles)

Field Officer: ₦100,000–₦200,000 (base + allowances)
Extension Agent: ₦120,000–₦250,000
IT Specialist: ₦80,000–₦200,000
Management: ₦350,000–₦1,000,000
Commission-Based Agent: ₦50,000–₦600,000

Factors Influencing Thrive Agric Salaries

Role and Specialization: IT and management roles earn more than field-based positions.
Experience: Salaries increase by 20–30% with 5–10 years’ experience, per industry trends.
Location: Abuja-based roles pay slightly more than rural field positions, with allowances for travel.
Employment Model: Commission-based agents have variable earnings, while full-time staff receive stable benefits.
Economic Conditions: Inflation and naira depreciation require salary adjustments.
Funding and Growth: Thrive Agric’s $56.4 million in debt financing supports competitive pay.
Gender: MySalaryScale reports a 40% male, 40% female workforce, suggesting balanced pay distribution.

Comparison With Industry Peers

FarmCrowdy: Field officers earn ₦80,000–₦150,000; management up to ₦700,000.
Agrilet: Extension agents earn ₦100,000–₦200,000.
Oil and Gas (e.g., TotalEnergies): Engineers earn ₦600,000–₦3,000,000, significantly higher.
Traditional Agriculture: Farm workers earn ₦50,000–₦100,000, lower than agritech.

Thrive Agric salaries are competitive within agritech but lower than high-paying sectors like oil and gas.

Challenges and Considerations

Limited Data: Sparse salary data requires reliance on estimates and industry benchmarks.
Inflation: High inflation (30–35%) erodes real wages, necessitating adjustments.
Taxation: Income tax (7–24%) reduces take-home pay.
Job Stability: Commission-based roles face income variability, per fundforyouthemployment.nl.
Past Controversies: Delayed investor payments in 2020 due to COVID-19 raised concerns, though Thrive Agric recovered with $56.4 million in funding.
Rural Work: Field roles involve extensive travel and challenging conditions, per MyJobMag.

Conclusion

Thrive Agric salaries in Nigeria range from ₦60,000–₦150,000 for entry-level roles like IT interns and field officers to ₦800,000–₦2,000,000 for senior management, with commission-based agents earning up to ₦500,000 based on performance. Benefits like travel allowances and training enhance compensation, but economic challenges like inflation and variable earnings for agents persist. To maximize earnings, employees should gain specialized skills (e.g., agritech, data analysis) and target management or commission-based roles. For precise salary details, consult Thrive Agric’s HR or job listings on MyJobMag, Glassdoor, or Indeed.

As Thrive Agric expands to 10 million farmers by 2027, supported by $56.4 million in funding, it offers promising career opportunities in Nigeria’s agritech sector, contributing to food security and economic resilience.

Sources

Glassdoor: Thrive Agric Salaries in Abuja and Kuje 2025.
MySalaryScale: Thrive Agriculture Salaries in Nigeria 2025.
MyJobMag: Thrive Agric Jobs in Nigeria 2025.
Fundforyouthemployment.nl: Thrive Agric Project Details 2025.
Nairametrics: Thrive Agric Funding and Investor Issues 2020.
CIO Africa: Thrive Agric Funding 2022.
Industry Trends: Agritech salary benchmarks from FarmCrowdy and Agrilet.

Disclaimer: Salary estimates are based on available data and industry trends. Actual salaries may vary. For accurate information, contact Thrive Agric or refer to job listings.