How time flies.Check out how much you need to spend per day to stay in Presidential Suit of Federal Palace Hotel ,Lagos,in 1975

Source: http://www.trezzyblog.com/2016/03/checkout-how-much-it-costs-to-lodge-in.html

IMO, that price was still expensive considering the fact that it's 1975.
1975 o

And so?

imagine the comparison '1975

multiply that like hundred thousand times and u get the rates of 2016!
nigeria we hail thee

Very expensive! A plot of land cost about 60naira in 1975
In 1978 our tv,antenal and stabilizer all together cost 120naira

Shows how far we have fallen.

You can still get rooms in the U.S for 100 a night and at some point our naira was equivalent to our dollar.

Who's to blame? The military? Democratic leaders?

My own is can we just elect sound leaders at all levels?

Or at least sack senators or reps since the represent us?

Sometimes I wish all Nigerians could act put that climatic scene in V for Vendetta, were they all had masks, daring the military and standing up to dictatorship.

Just imagine 100,000 strong, marching to the local government office.

Imagine 10 million strong, marching to the state governments office.

Imagine 50 million strong, marching to aso rock.


Aren't we tired of suffering, decay and deterioration? Everything in this country seems to have been deteriorating since I was born, currency, healthcare, power, fuel supply, military, police, schools...


I wish I could remote control all of us ,so we could all speak as one and march as one onward to face our enemies.

In 1998, the minimum wage was N1200


Now, can you guess what the minimum wage was in 1975?

@op what was the exchange rate between naira and dollars @ that time

which kind of OP is this??.Where is the comparisonWhat is the current price MODIFY!!!!!!!!!!!

Awolowo bought a brand new Volkswagen beetle car for 1000 naira back then. It's normal for inflation to grow with population and the subsequent economic growth. There's nothing unusual about it.

It is as a result of inflation although the inflation gap is too long. You can check the current price of theri hotel rooms at https://hotels.ng/hotel/29298-the-federal-palace-hotel-lagos