Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,739,920 members, 6,497,626 topics. Date: Monday, 20 September 2021 at 04:15 AM

Random Question For Nairalanders (what Does This Mean?) - Celebrities - Nairaland

Nairaland Forum / Entertainment / Celebrities / Random Question For Nairalanders (what Does This Mean?) (237 Views)

‘Do You Have HIV?’ Fans Scream As Regina Daniels Does This In New Sexy Pictures / Tboss: "I Don't Blame Kemen For Touching Me Without Consent, I Mean Look At Me” / My Women Mean So Much To Me - Wizkid (nigerians React) (2) (3) (4)

(1) (Reply) (Go Down)

Random Question For Nairalanders (what Does This Mean?) by ramalot(m): 8:09pm On Jul 15, 2020
There's no real reason behind this question, other than curiosity.

When I was a kid in Nigeria, if someone said "that celebrity or that person is a millionaire," it meant something significant.
However, with inflation, devaluation of the naira and such, what exactly does it mean today, if you say "that person is a millionaire"?

30 years ago, having a few million naira in the bank made you a Nigerian "millionaire," but today, you can barely buy a good car for that amount.
In other words, what level of liquid assets makes one a "millionaire" today in the same sense it did, say 30 years ago?
Re: Random Question For Nairalanders (what Does This Mean?) by Kriss216: 8:10pm On Jul 15, 2020
Come again please
Re: Random Question For Nairalanders (what Does This Mean?) by XXXXTENTACION: 8:19pm On Jul 15, 2020
O.p please speak english abeg or kukuma break it down to layman terms undecided
Re: Random Question For Nairalanders (what Does This Mean?) by ramalot(m): 8:32pm On Jul 15, 2020
I didn't mean to make the question complicated.

It's really a simple question:

When YOU say "that man or woman is a millionaire," (in Nigeria) how much do you imagine that person is worth?
Re: Random Question For Nairalanders (what Does This Mean?) by Goldenboy10(m): 6:13am On Jul 16, 2020
ramalot:
I didn't mean to make the question complicated.

It's really a simple question:

When YOU say "that man or woman is a millionaire," (in Nigeria) how much do you imagine that person is worth?

His or her naira should be approximately 1 million US dollars. That is in my own understanding.
Re: Random Question For Nairalanders (what Does This Mean?) by ramalot(m): 2:14am On Jul 17, 2020
Goldenboy10:

His or her naira should be approximately 1 million US dollars. That is in my own understanding.

So for you to consider a Nigerian in Nigeria a millionaire, they need to have approximately 386 million naira in the bank. All right.

(1) (Reply)

Fornication In Nigeria Is An Industry On Its Own – Victor Asemota / Hushpuppi ; 10 Things Looted N168billion Can Do For Nigerians & Nigerian Economy / "Marijuana Has Been On Earth Before Human Beings" - Seun Kuti Reacts To Marijuan

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 45
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.