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Nigeria Passport In 1982 When $1164.84 Was N800 - Travel - Nairaland

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Nigeria Passport In 1982 When $1164.84 Was N800 by NaijadrivaCars: 9:09pm On May 21, 2020
Nugeria's International Passport stamped in October 1982 When 1164.84 US Dollars was 800 Naira.

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Re: Nigeria Passport In 1982 When $1164.84 Was N800 by Dididrumz(m): 9:13pm On May 21, 2020
Nigeria was once Great

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Re: Nigeria Passport In 1982 When $1164.84 Was N800 by NaijadrivaCars: 9:15pm On May 21, 2020
As at today, 1,169.84 United States Dollar =456,237.60 Nigerian Naira.

An amount that couldn't buy a plot of land in Lagos then but today, it can in some areas.


Nigeria which way?

119 Likes 5 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by OsuIgboIpob: 9:19pm On May 21, 2020
It will never be well with this old generation people.
Wicked GREEDY and wreckless people.

They detroyed everything for us.

Later, you'll be hearing children of today blablabla


Old fools.

377 Likes 26 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by michlins(m): 9:22pm On May 21, 2020
Truth is that exchange rate isn't a determinant of how good an economy is. For instance, Ghana cedis exchanges higher than the Chinese currency and Korean won and that doesn't mean Ghana has a better economy. Another example is the Kuwait Dina which exchanges for almost $1000/dinar. During the said time, very few people can afford to buy a car even when it sold for #4000. But we have folks buying used cars today for tens of millions.

Having said the above, it's undeniable that Nigeria didn't have potential back in the day. It's just that we had lots of petrodollars and less population and the government then was able to do her job without borrowing like today. Forget all the glorious tales our parents told us about how quick you can get jobs. That's because there were fewer graduates then. We need total overhaul of this country

484 Likes 35 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by bigtt76(f): 9:39pm On May 21, 2020
You said it all. Not everyone could afford that N800 back then. How much was the minimum wage again? cheesy People should stop using the past to hurt themselves. We can't turn back the hands of time... Those days are gone and buried!




michlins:
Truth is that exchange rate isn't a determinant of how good an economy is. For instance, Ghana cedis exchanges higher than the Chinese currency and Korean won and that doesn't mean Ghana has a better economy. Another example is the Kuwait Dina which exchanges for almost $1000/dinar. During the said time, very few people can afford to buy a car even when it sold for #4000. But we have folks buying used cars today for tens of millions.

Having said the above, it's undeniable that Nigeria didn't have potential back in the day. It's just that we had lots of petrodollars and less population and the government then was able to do her job without borrowing like today. Forget all the glorious tales our parents told us about how quick you can get jobs. That's because there were fewer graduates then. We need total overhaul of this country

79 Likes 5 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by Iscoalarcon: 9:50pm On May 21, 2020
IBB started that bullshit with his SAP

28 Likes 2 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by Mannnn(m): 9:51pm On May 21, 2020
Dididrumz:
Nigeria was once Great
never great

21 Likes 2 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by Dididrumz(m): 10:21pm On May 21, 2020
Mannnn:


never great

grin grin grin grin

3 Likes

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by lordm(m): 11:38pm On May 21, 2020
Nigeria will be great again. It will take a lot of sacrifice though

14 Likes

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by Nobody: 11:46pm On May 21, 2020
Òmasé O ahh embarassed

3 Likes

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by gambia(m): 8:31am On May 22, 2020
Who do us this thing sef? cry

1 Like

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by 7thLemonLOVER(f): 8:47am On May 22, 2020
Atimes when you read about Nigeria's economic exploit back from the past, the present seems impossible to understand.

I mean how did the economy got so bad? One answer, "is tribalism and corruption" .

9 Likes 2 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by Pavore9: 9:41am On May 22, 2020
bigtt76:
You said it all. Not everyone could afford that N800 back then. How much was the minimum wage again? cheesy People should stop using the past to hurt themselves. We can't turn back the hands of time... Those days are gone and buried!





You are right. My family bought plots of land in Ojota, Lagos state back in the mid 70s when a plot was going for N650, my parents said that N650 was like paying millions of naira because they were paying N9 per month as rent for the 3 bedroom bungalow they were living in. Many people were not even earning much back then as it is also today but the difference is the population explosion, more people for less resources.

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Re: Nigeria Passport In 1982 When $1164.84 Was N800 by NaijadrivaCars: 5:47pm On May 22, 2020
gambia:
Who do us this thing sef? cry

AVERAGE Nigerians do us. Leaders are a reflection of the masses who vote them.

41 Likes 4 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by NaijadrivaCars: 8:51am On May 23, 2020
Pavore9:


You are right. My family bought plots of land in Ojota, Lagos state back in the mid 70s when a plot was going for N650, my parents said that N650 was like paying millions of naira because they were paying N9 per month as rent for the 3 bedroom bungalow they were living in. Many people were not even earning much back then as it is also today but the difference is the population explosion, more people for less resources.

Given! But standard of living then and noe, which is better?

6 Likes

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by ednut1(m): 8:57am On May 23, 2020
NaijadrivaCars:


Given! But standard of living then and noe, which is better?
like he said more people less resources now. If the present Nigeria had 1/4 of its current population it would have been ok. But we keep fucking and giving birth

46 Likes 3 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by NaijadrivaCars: 12:45pm On May 23, 2020
ednut1:
like he said more people less resources now. If the present Nigeria had 1/4 of its current population it would have been ok. But we keep fucking and giving birth

Lies. Population is an advantage if well utilised. Besides, we have the resources.

55 Likes 5 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by Nobody: 1:49pm On Jun 05, 2020
Buhari and Maradona na him cause all these. Still yet some fools were deceived into voting him in 2015

14 Likes 2 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by 900warriorz(m): 1:49pm On Jun 05, 2020
My Country was once GREAT

1 Like 1 Share

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by Legalcriminal: 1:50pm On Jun 05, 2020
embarassed
Re: Nigeria Passport In 1982 When $1164.84 Was N800 by Macsjebs(m): 1:50pm On Jun 05, 2020
Chai!!! cry, things fall apart
Re: Nigeria Passport In 1982 When $1164.84 Was N800 by zero911: 1:51pm On Jun 05, 2020
OsuIgboIpob:
It will never be well with this old generation people.
Wicked GREEDY and wreckless people.

They detroyed everything for us.

Later, you'll be hearing children of today blablabla


Old fools.
God will continue to punish dem OBJ, IBB, PMB, GEJ etc.. Fooooools!

12 Likes 3 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by jericco1(m): 1:51pm On Jun 05, 2020
Imagine, so it's clear that the future of the country was morgaged for a stomach infrastructure. Those at the helms of affairs should be ashamed of themselves angry

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Re: Nigeria Passport In 1982 When $1164.84 Was N800 by oyewale0001(m): 1:51pm On Jun 05, 2020
It is well.

2 Likes

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by emmabest2000(m): 1:51pm On Jun 05, 2020

1 Like 2 Shares

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by StagethemTVee: 1:51pm On Jun 05, 2020
Where do you think Shile Meji...20 kobo came from. That was when kobo and British shillings were of same value. The Shile meant shillings and Meji means 2 in Yoruba.

5 Likes 1 Share

Re: Nigeria Passport In 1982 When $1164.84 Was N800 by sammirano: 1:51pm On Jun 05, 2020
OsuIgboIpob:
It will never be well with this old generation people.
Wicked GREEDY and wreckless people.

They detroyed everything for us.

Later, you'll be hearing children of today blablabla


Old fools.

That same old generation is in govt today. Be wise

7 Likes 2 Shares

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