The Nigeria Football Federation (NFF) are in discussion with the Jose Peseiro over a new contract.
The NFF, according to reports are however willing to pay the Portuguese the same €50,000 monthly.
Peseiro previously earned €70,000 monthly but agreed a opay cut to lead the Super Eagles to the 2023 Africa Cup of Nations.
The 63-year-old’s last contract ended at the end of the AFCON 2023 finals.
The former Saudi Arabia and Venezuela coach guided the Super Eagles to a second-place finish at the competition.
Peseiro has been linked to several coaching jobs since the end of the AFCON.
The Algeria Football Federation are said to have strong interest in him.
The Portuguese revealed this week that he has received at least seven offers from different national teams and clubs.
Peseiro said he will decide his future in the coming days.
