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What Some Nigerians Don't Know About A Billion Naira - Business - Nairaland

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What Some Nigerians Don't Know About A Billion Naira by moscobabs(m): 9:27am On Nov 06, 2016
When EFCC says somebody embezzled Billion(s) of naira, some don't know how Big or how far the money can go if a family or an individual has such Money!!!

I am sure after this calculations you will agree with me that Corrupt Government officials deserve death sentence for corruption


Let calculate this together:

There are nine Zero in one Billion

that is 1,000,000,000.

If you have one Billion naira as an individual you will spend it for 54years and 9months and some days if you are spending #50,000 daily!!!

Calculation:

50,000 x 365 =18,250,000.

18,250,000 x 54 = 985,500,000

1,000,000,000 - 985,500,000=14,500,000


You still have 14,500,000 after 54 years you have been spending a Billion

then 14,500,000÷50,000= 290 days

290 days /30= 9.6667 months

Conclusion: An individual will spend a billion of Naira for 54 yrs and 9 months while spending 50k per day.


So friend add 54 or 55 years to your current age and see how far one billion can go in your remaining life on earth and tell me why we have to support these greedy thieves !!!

And please which kind food you want to eat even during this recession that would cost 50k daily?

Nigeria youths be wise!!!

7 Likes 6 Shares

Re: What Some Nigerians Don't Know About A Billion Naira by Anasko(m): 9:31am On Nov 06, 2016
SMH
Re: What Some Nigerians Don't Know About A Billion Naira by SexyNairalander: 9:32am On Nov 06, 2016
too long

1 Like

Re: What Some Nigerians Don't Know About A Billion Naira by moscobabs(m): 9:38am On Nov 06, 2016
SexyNairalander:
too long
lazy dude
Seun
Mynd44
lalasticla
where una calculators

3 Likes 1 Share

Re: What Some Nigerians Don't Know About A Billion Naira by SexyNairalander: 9:41am On Nov 06, 2016
moscobabs:


lazy dude

Seun

Mynd44

lalasticla

where una calculators
say that again

1 Like

Re: What Some Nigerians Don't Know About A Billion Naira by Omexonomy: 10:16am On Nov 06, 2016
When my friend a white man head the way apc and efcc were mentioning million and billion dollar and pound found in sombody house house he laugh and said thore people were just mentioning money just to sway the public. If true that they stole the money apart from apc enemies has any body been prosecuted? All ways media and monkey trials

1 Like

Re: What Some Nigerians Don't Know About A Billion Naira by afanide: 10:17am On Nov 06, 2016
Interesting
Re: What Some Nigerians Don't Know About A Billion Naira by ashjay001(m): 10:32am On Nov 06, 2016
Omexonomy:
When my friend a white man head the way apc and efcc were mentioning million and billion dollar and pound found in sombody house house he laugh and said thore people were just mentioning money just to sway the public. If true that they stole the money apart from apc enemies has any body been prosecuted? All ways media and monkey trials


Hmm....
So, because ur friend is a whiteman, he has d final say over what was found during d raid carried out by Efcc?

1 Like

Re: What Some Nigerians Don't Know About A Billion Naira by project8(m): 10:44am On Nov 06, 2016
nawao
Re: What Some Nigerians Don't Know About A Billion Naira by Omexonomy: 11:15am On Nov 06, 2016
ashjay001:



Hmm....
So, because ur friend is a whiteman, he has d final say over what was found during d raid carried out by Efcc?
according to the efcc koro stole 4.6billion dollar and he was made to refund 4milliom naira. Who is decieving who?
Re: What Some Nigerians Don't Know About A Billion Naira by FreeWorld23: 11:21am On Nov 06, 2016
Imagine sad
Re: What Some Nigerians Don't Know About A Billion Naira by 1zynnvn(m): 11:32am On Nov 06, 2016
moscobabs:
When EFCC says somebody embezzled Billion(s) of naira, some don't know how Big or how far the money can go if a family or an individual has such Money!!!

I am sure after this calculations you will agree with me that Corrupt Government officials deserve death sentence for corruption


Let calculate this together:

There are nine Zero in one Billion

that is 1,000,000,000.

If you have one Billion naira as an individual you will spend it for 54years and 9months and some days if you are spending #50,000 daily!!!

Calculation:

50,000 x 365 =18,250,000.

18,250,000 x 54 = 985,500,000

1,000,000,000 - 985,500,000=14,500,000


You still have 14,500,000 after 54 years you have been spending a Billion

then 14,500,000÷50,000= 290 days

290 days /30= 9.6667 months

Conclusion: An individual will spend a billion of Naira for 54 yrs and 9 months while spending 50k per day.


So friend add 54 or 55 years to your current age and see how far one billion can go in your remaining life on earth and tell me why we have to support these greedy thieves !!!

And please which kind food you want to eat even during this recession that would cost 50k daily?

Nigeria youths be wise!!!

Na only food you wan chop, you no go like buy the latest Private Jet, travel to Dubai, dine in heaven, buy your mama house for lekki, buy some companies struggling to survive this reccession

1 Like

Re: What Some Nigerians Don't Know About A Billion Naira by rusher14: 11:33am On Nov 06, 2016
Omexonomy:
according to the efcc koro stole 4.6billion dollar and he was made to refund 4milliom naira. Who is decieving who?

Your deliberate need to blatantly lie concerning the figures tells that you are not trustworthy.

Tufiakwa.
Re: What Some Nigerians Don't Know About A Billion Naira by ashjay001(m): 2:35pm On Nov 06, 2016
Omexonomy:
according to the efcc koro stole 4.6billion dollar and he was made to refund 4milliom naira. Who is decieving who?



He was made to refund a #100m! With an undertaking to refund d outstanding.

This is a guy that was threatening fire and brimstones, implying false accusations and defamation, with a possibility of a lawsuit!

The govt n d efcc have already won; for him to come back meekly, subject himself to arrest and refund part payment of a supposedly legal loot!

Lets keep it real, pls!
Re: What Some Nigerians Don't Know About A Billion Naira by Omexonomy: 2:54pm On Nov 06, 2016
ashjay001:




He was made to refund a #100m! With an undertaking to refund d outstanding.

This is a guy that was threatening fire and brimstones, implying false accusations and defamation, with a possibility of a lawsuit!

The govt n d efcc have already won; for him to come back meekly, subject himself to arrest and refund part payment of a supposedly legal loot!

Lets keep it real, pls!
you believe efcc or the press while i am having first hand information about the matter
Re: What Some Nigerians Don't Know About A Billion Naira by ashjay001(m): 3:30pm On Nov 06, 2016
Omexonomy:
you believe efcc or the press while i am having first hand information about the matter


Well, whatever ur 1st hand info, it'll still be leaked! If what u're implying is real, I expect him to come out soon n boast abt his exploits in efcc custody and d pittance he actually paid to be released!

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