This nation is having it rough at this time.things are tough and inflation has become like a virus on the economy, Nigerians known for our ability to endure tough situations are really getting uncomfortable with this. When the former CBN Governor Charles Soludo Introduced the N500 note, we were all happy for an increase in higher purchasing power, we thought it was going to be the highest denomination but now we hope the Central bank doesn't introduce N5000 note on the current 1000 Naira note which stands as Nigeria highest denomination.

Here are 10 things Nigerians can no longer do with the N500 Note ;

1. You cant cook an average soup with N500 anymore… back in time 10 years ago, a low income Nigerian family could at least prepare stew with N500. Now all that is gone.

2. 500Naira can no longer buy Hair attachment. I guess our ladies can attest to this.

3. The guys too are not left out.Now pay above N500 to cut there hair. Ask teebliz. Hehehe.

4. N500 can no Longer buy a Lecturer's Handout! Our University lecturers now sell there average handout for atleast N1000.

5. OK I think I should say this one,i was oblivious of how expensive the female bra is. I discovered quality bra is now above N500..Bra’s now sell for N2000. The new and quality type.

6. Its just heartbreaking to know N500 can no longer buy Shawarma.

7. N500 can no longer buy Drugs that cures Malaria or Typhoid. May we not fall sick in Jesus Name!
8. Its worthy of note also to say 500 Naira can no longer power your Generator over night, irrespective of the KVa of the generator.

We are hopeful.. Nigerians are really hopeful that this storm called recession passes. I am sure even the unlearned man on the street know now knows what recession is. We @voiceofaudacity stand in hope with every Nigerian at this trying times. Because of our resolve not to give up at this defining moment, change would come to Nigeria.

nma24:
I can still cook with #500 jare

DonCortino:
Chai! I remember in 2003, I buy old layer live chicken for 250, tomato n pepper n onions 100, other small things 50, 4 hefty plantain 50, n I go waka go with 50 bucks change. Stew don set b dat o!
Mile one market ph o!

Today that chicken is 1500 with abeg.

RadicallyBlunt:
N500 no reach transport from igando to obalende again for lagos. As in 'go' alone o no 'come' there o

MARKone:
#500 b4 can prepare a fairly descent breakfast. Was told this morning that a loaf of sliced bread is now #350

debque:
lalasticlala oooo..

Acidosis:
Yes, economy is harsh but majority of the stuffs you have there can be done with N500.

With the exemption of Soup & fuel/generator, every other thing can be done with N500.

Everyone is not as wasteful as t-billz abeg. Meanwhile, N500 cannot make an OK Soup, unless you want to substitute fish with crayfish. A kilo of Fish (Titus) now cost N800; same with Chicken (N800); Turkey (N900) and Gizzard (N1000).

So where would money for other ingredients come from?

wow... kilo of chicken @ 800, Turkey @ 900?
It's N1000 and N1100 here.

I think 'OK soup' is subjective. There are definitely people surviving on N500 soup, how they do it is what I don't know. Na them suppose be Minister of Finance not Aunty Kemi.

tearoses:
Sambarry and ifyalways they say soup cant be cooked with N500 again o!
I know you two ladies are very good at saving costs
Your decision is final

SAMBARRY:
500 naira can cook soup it's only that it won't be rich and it won't last for more than three days or maximum of a week
If you 're good at prudent spending you can buy tomato-200 naira
Atarodo-50 naira
Onions -10naira
Grinding -70

tearoses:


This one na stew o!
No Meat or fish

Ila alasepo nko?

SAMBARRY:
500 naira can cook soup it's only that it won't be rich and it won't last for more than three days or maximum of a week
If you 're good at prudent spending you can buy tomato-200 naira
Atarodo-50 naira
Onions -10naira
Grinding -70

Acidosis:
Yes, economy is harsh but majority of the stuffs you have there can be done with N500.

With the exemption of Soup & fuel/generator, every other thing can be done with N500.

Everyone is not as wasteful as t-billz abeg. Meanwhile, N500 cannot make an OK Soup, unless you want to substitute fish with crayfish. A kilo of Fish (Titus) now cost N800; same with Chicken (N800); Turkey (N900) and Gizzard (N1000).

So where would money for other ingredients come from?

greatgod2012:



Mummy Wura, long time o, please, we're talking about soup, not stew o, and where are you going to see 10naira onion? And also, do you know how many pieces of atan rodo you'll be given for 50naira? Can that be enough?

Besides, no palm oil or vegetable oil? A quarter of palm oil bottle here is 125 naira, a bottle of palm oil is 500 naira, no seasoning?, no salt?
Abeg, 500 naira no fit prepare soup o, except if there won't be any fish or meat inside.

Things are extremely expensive.
The people I pity most are the low income earners with two to three kids.

We that even think we're collecting average salary sef are finding it extremely difficult to cope with the prices of foodstuffs.

tearoses:


This one na stew o!
No Meat or fish

Ila alasepo nko?

SAMBARRY:
haaa mama tobi.how's ijebu. Hope you no see rain?

To the matter
You can see 10naira onions if you walk very well inside the market into the place habokees are just coming from the farm but it will be very small

You can also see 50 naira Palm oil which is the size of liquid peak milk tin

greatgod2012:




Lol......so, anytime I want to prepare soup, I will have to go inside inside inside (in Emmanuela voice)

OK o,
It is well, even in the well.

greatgod2012:




Aunty, one can prepare ila alasepo with 500 naira, but it won't be rich at all.

Let me give it a try....

Okro-100 naira
Dry pepper-50naira
Smoked fish (panla, don't know what it's called in other places) 250 naira.
Palm oil, seasoning, salt- 100 naira.


Ila alasepo is ready!

Lol.....

SAMBARRY:
I've not finished

Pomo 5 pieces for 100 naira
remaining 70naira.buy maggi 20 naira.Palm oil 50 naira. Stew Don ready na

johnson232:
op abeg no increase men's haircut price o... the last time i cut my hair was with just N80...
& the barber did a perfect job...

PaperLace:

wow... kilo of chicken @ 800, Turkey @ 900?
It's N1000 and N1100 here.

I think 'OK soup' is subjective. There are definitely people surviving on N500 soup, how they do it is what I don't know. Na them suppose be Minister of Finance not Aunty Kemi.

greatgod2012:



Bros, for where you dey see a kilo of chicken for 800 naira and that of Turkey for 900 naira.

For herehere, it's 1000 and 1100 respectively o.

And the crayfish you even mentioned is more expensive than that Titus you talked about.