Yesterday, Thursday, October 1, 2020, The UAE wishes Nigeria a happy 60th Independence Day! Burj Khalifa in Dubai, a 2722 feet skyscraper was light up in the Nigerian flag colours to celebrate the country.

Hundreds of Nigerian citizens have taken to Twitter and Facebook accusing the government of paying millions for the advert.

Trending questions in Nigeria;

Did Nigeria government pay for Burj Khalifa light up flag?

How much did Nigeria pay for Burj Khalifa lighting?

Nigeria did not pay for Dubai's Burj Khalifa lighting, it's a marketing strategy. It's cost nothing, and the world's tallest building, the Burj Khalifa in Dubai, United Arab Emirates, has lighted up flags to celebrate many countries around the world.

The Burj Khalifa post it on social media. And on social media, it would draw more attention from people because of an advert. 

Burj khalifa advertisement cost?

According to the marketing agency which manages the lighting displays, the starting rate of getting an advert on the Burj Khalifa is $68,073 almost 27 million naira for only 3 minutes.

Photo Credit | Google Image, Burj khalifa Twitter 

Source: https://mandynews.com/did-nigeria-pay-for-dubais-burj-khalifa-heres-everything-we-know-photos/

Wait till you hear how much Bulhary and his gang of thieves budgeted for this, then u will know what's up.

cc lalasticlala mynd44

Some Nigerian could be overly dramatic. They take every opportunity to embarrass themselves online.

eyah

I was already insulting buhari

j

PDP is a fraud.
Multiplier effect of corruption
1. A young man works for one of the state ministries. His salary is 120K. He makes 15,000 everyday on this desk (N75k a week) engaging in corrupt practices. As a result, he spends the daily cash as he cares. Living large and far above his legitimate income.
2. He visits the local joint every evening and buys drinks for friends, and area boys. They hail him. He is married, but has two girlfriends. His "income" is enough to take care of them. The Asun seller at his favorite joint is happy, the joint owner is happy.
3. Everyone was benefiting from his "income". Friends, family, area boys, joint owner, Asun seller, girlfriends, wife and his church. Life was good.
4. Then suddenly the ministry implemented the Treasury Single Account (TSA) at the beginning of PMB administration. His extra "income" disappeared and he had to adjust to the reality of event and live within his real income. That wasn't easy.
5. Initially he reduced his daily visit to the joint to 3 days a week and stopped buying drinks for everyone. He reduced the plates of Asun. The Asun seller started to find it hard to sell a full goat each day and resorted to buying half.
6. The young man's girlfriends started to feel the heat too. No more iPhone 10. The joint owner noticed a drop in sales. The young man finally stopped visiting the joint after a month. The area boys started feeling his absence. The effect cascaded down.
7. The young man started spending more time at home with his wife and kids. The family had to readjust to the reality of the new normal. His hair stylist noticed the young man suddenly stopped tipping. He will even wait for his N200 change after haircut.
8. Things are different. Times are hard, they all cry. The young man is blaming Buhari, his wife is blaming Buhari, the area boys are blaming Buhari, the girlfriends are saying Buhari must go, the joint owner is saying Buhari killed the "economy"
9. The Asun seller is cursing Buhari, the hair stylist is insisting Buhari is too old to rule. This is the story of our nation where corruption fuels the "economy". Those who are not engaging in it are benefiting from it.
10. This tread is not about Buhari's achievement or failure, but rather about the "multiplier" effect of corruption and how we have built a system largely driven by corruption. It's about policy implication (good or bad). It's about the choices we have made.
Finally, the young man had to withdraw his kids from what he called expensive primary school his kids attend. He added:"what are they teaching them there sef " Obasanjo didn't go to a private school. I just laughed .

Jones4190:
PDP is a fraud.
Multiplier effect of corruption
1. A young man works for one of the state ministries. His salary is 120K. He makes 15,000 everyday on this desk (N75k a week) engaging in corrupt practices. As a result, he spends the daily cash as he cares. Living large and far above his legitimate income.
2. He visits the local joint every evening and buys drinks for friends, and area boys. They hail him. He is married, but has two girlfriends. His "income" is enough to take care of them. The Asun seller at his favorite joint is happy, the joint owner is happy.
3. Everyone was benefiting from his "income". Friends, family, area boys, joint owner, Asun seller, girlfriends, wife and his church. Life was good.
4. Then suddenly the ministry implemented the Treasury Single Account (TSA) at the beginning of PMB administration. His extra "income" disappeared and he had to adjust to the reality of event and live within his real income. That wasn't easy.
5. Initially he reduced his daily visit to the joint to 3 days a week and stopped buying drinks for everyone. He reduced the plates of Asun. The Asun seller started to find it hard to sell a full goat each day and resorted to buying half.
6. The young man's girlfriends started to feel the heat too. No more iPhone 10. The joint owner noticed a drop in sales. The young man finally stopped visiting the joint after a month. The area boys started feeling his absence. The effect cascaded down.
7. The young man started spending more time at home with his wife and kids. The family had to readjust to the reality of the new normal. His hair stylist noticed the young man suddenly stopped tipping. He will even wait for his N200 change after haircut.
8. Things are different. Times are hard, they all cry. The young man is blaming Buhari, his wife is blaming Buhari, the area boys are blaming Buhari, the girlfriends are saying Buhari must go, the joint owner is saying Buhari killed the "economy"
9. The Asun seller is cursing Buhari, the hair stylist is insisting Buhari is too old to rule. This is the story of our nation where corruption fuels the "economy". Those who are not engaging in it are benefiting from it.
10. This tread is not about Buhari's achievement or failure, but rather about the "multiplier" effect of corruption and how we have built a system largely driven by corruption. It's about policy implication (good or bad). It's about the choices we have made.
Finally, the young man had to withdraw his kids from what he called expensive primary school his kids attend. He added:"what are they teaching them there sef " Obasanjo didn't go to a private school. I just laughed .

Load of nonsense.

Ok Nice.

Jones4190:
PDP is a fraud.
Multiplier effect of corruption
1. A young man works for one of the state ministries. His salary is 120K. He makes 15,000 everyday on this desk (N75k a week) engaging in corrupt practices. As a result, he spends the daily cash as he cares. Living large and far above his legitimate income.
2. He visits the local joint every evening and buys drinks for friends, and area boys. They hail him. He is married, but has two girlfriends. His "income" is enough to take care of them. The Asun seller at his favorite joint is happy, the joint owner is happy.
3. Everyone was benefiting from his "income". Friends, family, area boys, joint owner, Asun seller, girlfriends, wife and his church. Life was good.
4. Then suddenly the ministry implemented the Treasury Single Account (TSA) at the beginning of PMB administration. His extra "income" disappeared and he had to adjust to the reality of event and live within his real income. That wasn't easy.
5. Initially he reduced his daily visit to the joint to 3 days a week and stopped buying drinks for everyone. He reduced the plates of Asun. The Asun seller started to find it hard to sell a full goat each day and resorted to buying half.
6. The young man's girlfriends started to feel the heat too. No more iPhone 10. The joint owner noticed a drop in sales. The young man finally stopped visiting the joint after a month. The area boys started feeling his absence. The effect cascaded down.
7. The young man started spending more time at home with his wife and kids. The family had to readjust to the reality of the new normal. His hair stylist noticed the young man suddenly stopped tipping. He will even wait for his N200 change after haircut.
8. Things are different. Times are hard, they all cry. The young man is blaming Buhari, his wife is blaming Buhari, the area boys are blaming Buhari, the girlfriends are saying Buhari must go, the joint owner is saying Buhari killed the "economy"
9. The Asun seller is cursing Buhari, the hair stylist is insisting Buhari is too old to rule. This is the story of our nation where corruption fuels the "economy". Those who are not engaging in it are benefiting from it.
10. This tread is not about Buhari's achievement or failure, but rather about the "multiplier" effect of corruption and how we have built a system largely driven by corruption. It's about policy implication (good or bad). It's about the choices we have made.
Finally, the young man had to withdraw his kids from what he called expensive primary school his kids attend. He added:"what are they teaching them there sef " Obasanjo didn't go to a private school. I just laughed .

let me tell you what apc did, they mopped all the money into tsa where a few cabals are having a field day sharing the spoils and the rest of the country soaking in poverty, believing that corruption is being fought but pdp believes in chop I chop. So which model would you subscribe to?

Jones4190:
PDP is a fraud.
Multiplier effect of corruption
1. A young man works for one of the state ministries. His salary is 120K. He makes 15,000 everyday on this desk (N75k a week) engaging in corrupt practices. As a result, he spends the daily cash as he cares. Living large and far above his legitimate income.
2. He visits the local joint every evening and buys drinks for friends, and area boys. They hail him. He is married, but has two girlfriends. His "income" is enough to take care of them. The Asun seller at his favorite joint is happy, the joint owner is happy.
3. Everyone was benefiting from his "income". Friends, family, area boys, joint owner, Asun seller, girlfriends, wife and his church. Life was good.
4. Then suddenly the ministry implemented the Treasury Single Account (TSA) at the beginning of PMB administration. His extra "income" disappeared and he had to adjust to the reality of event and live within his real income. That wasn't easy.
5. Initially he reduced his daily visit to the joint to 3 days a week and stopped buying drinks for everyone. He reduced the plates of Asun. The Asun seller started to find it hard to sell a full goat each day and resorted to buying half.
6. The young man's girlfriends started to feel the heat too. No more iPhone 10. The joint owner noticed a drop in sales. The young man finally stopped visiting the joint after a month. The area boys started feeling his absence. The effect cascaded down.
7. The young man started spending more time at home with his wife and kids. The family had to readjust to the reality of the new normal. His hair stylist noticed the young man suddenly stopped tipping. He will even wait for his N200 change after haircut.
8. Things are different. Times are hard, they all cry. The young man is blaming Buhari, his wife is blaming Buhari, the area boys are blaming Buhari, the girlfriends are saying Buhari must go, the joint owner is saying Buhari killed the "economy"
9. The Asun seller is cursing Buhari, the hair stylist is insisting Buhari is too old to rule. This is the story of our nation where corruption fuels the "economy". Those who are not engaging in it are benefiting from it.
10. This tread is not about Buhari's achievement or failure, but rather about the "multiplier" effect of corruption and how we have built a system largely driven by corruption. It's about policy implication (good or bad). It's about the choices we have made.
Finally, the young man had to withdraw his kids from what he called expensive primary school his kids attend. He added:"what are they teaching them there sef " Obasanjo didn't go to a private school. I just laughed .

Check out this load of crappp...
So, you're telling me he's the reason dollar is 460? He's the reason why Fulani Herdsmen are ravaging the entire country or why there are kilings in southern Kaduna..? Surely, he has to be the reason why there are increase in prices of commodities.. That young man is the reason for untold hardship on other Nigerians.. Cos he stopped being corrupt, Rice is now very expensive in Nigeria.
He's probably the reason behind your lack of wisdom.

Don't be unfortunate. No let angry Nigerians swear for you.

whizpa:


Check out this load of crappp...
So, you're telling me he's the reason dollar is 460? He's the reason why Fulani Herdsmen are ravaging the entire country or why there are kilings in southern Kaduna..? Surely, he has to be the reason why there are increase in prices of commodities.. That young man is the reason for untold hardship on other Nigerians.. Cos he stopped being corrupt, Rice is now very expensive in Nigeria.
He's probably the reason behind your lack of wisdom.

Don't be unfortunate. No let angry Nigerians swear for you.

Naira Is More Valuable Than Dollar And Pound. Ignorance Is Killing people like you. Wake Up!

A currency's value is what is can fetch those who use it as a means of exchange!
Those in America use dollars and those in the UK use pounds sterling. Emiratis use Dirhams and Indians Rupees. Nigerians therefore use the Naira.
The Naira today, is equivalent to 600 units to the GB£ and 500 units to the US$.
Though we are quick to lampoon the Naira as worthless, but let us compare how much value each of these currencies equivalents fetch their owners/holders, within their borders?
In the US, a dollar ($) may not buy you more than a small bottle of water, while N500 will buy you a pack of 12 of the same bottles of water in Nigeria!
A pound (GB£) may not buy you even a small loaf of bread in London, but in Lagos, N600 will buy you and your partner, breakfast for 2, consisting of one N250 big loaf of bread, 4 fried eggs and 2 bottles of water!
Days ago, I bought 50 pieces of medium sized oranges from the Ketu fruit market for N1,000, that's just $2! I bought 3 pineapples for N500 ($1)!
A litre of fuel costs N160 in Lagos, but cost $0.86 (N430) in New York! While I know people who pay cad1,700 (N500,000) per month for their glorified room and parlour self-contained in Ottawa, that is what a friend pays in 6 months, for a 2 bedroom apartment, with separate toilet, bathroom and proper kitchen, in Dolphin Estate, Ikoyi!
So why do Nigerians make so much noise over the value of their currency, when it still fetches them more value than the other currencies that they pitch the Naira against? The answer is simple: the "values" of Nigerians!
While Nigerians reacted with consternation at Dino Melaye's obnoxious display of his stolen wealth, the average Nigerian behaves exactly like Dino Melaye! From the man on the streets to the Churchpreneurs who claim to represent God!
They produce nothing, but want to flaunt everything!
Someone lamented to me about his wife's tenant, who has failed to pay N120,000 rent, for nearly a year, but slaughtered a ram and made festivities, worth N150,000, during the last Moslem "Ileya" festival!
Ask me what the man produces? Zilch!
Had this same debtor taken the N150,000, wasted on the one day feasting to the market, it will be more than enough to set up a fried Yam, sweet potatoes, Akara business, that can net him N300,000 monthly, and take him out of poverty and debt forever!
So, because Nigerians are unproductive at home, but consume from used clothes, to fake hair and eye lashes, to even PMS, from the abroad, they keep whining about the value of the dollar/pound-sterling against their currency.
There are universities in Nigeria, and I had my education entirely in Nigeria! So, if I chose to send my children abroad, what is the headache of the government in my personal decision, should the currency in their country of choice proves unaffordable to me? Who send me?
My personal definition of the problem with Nigeria is that, the policies of the State are manipulated to suit the indulgences of certain classes of Nigerians, who feed fat on the miseries of the masses.
Government resorted to importing fuel because some privileged Nigerians criminally destroyed our refining capacities. Rather than punish them, we put the punishment on Nigerians.
Government "subsidized" the same imported fuel, to create artificial opportunities for some privileged people to loot our treasury, under the artificially created system of "subsidies".
These Nigerians and their fraudulent economists should stop fooling themselves about the poor exchange rates of the nation's currency. 95% of the citizens of this country need food, water, Medicare, etc, obtainable in Naira!
If some useless, lecherous and unproductive, yet entitled, vanity flaunting elements like Dino Melaye, need foreign currencies to feed their insanity, what has that got to do with Nigeria?
If you want to indulge in the zero nutrition Orange, imported from wherever and sold at times ten that of super tasting Oranges from Benue, must Nigeria care about your price plight? Who send you?
If you chose Pizza over Aboki freshly cooked spicy bread and eggs, please find enough Naira to indulge in your borrowed Italian taste.
This argument over our poor currency is a lie of the elite to pass their problems as everyone's!
Days ago, I made a 4 litre bowl of cooked beans (enough to feed at least 8 adults) from a N200 ($0:40) measure of beans! Add another N500 ($1) worth of sweet potatoes, and you have a super nutritious meal for 8 adults!
That's less than $3 in total, N1,500 (including the costs of other stuff like onions, peppers and oil), to feed 8 adults?
Before you complain that the Naira is weak, tell me what you need the foreign currencies for, and i will show you how you and Dino are the same

UAE Sabi business no be here

Rubbish trash @above!!! How can an American dollar get you just a small bottle of water? Do you know what you are saying at all? A dollar can not get you less than a thousand litres of water in America my friend. Can the naira equivalent get you the same litres in Nigeria? Definitely, capital NO!!! Google is your friend, learn how to use it abeg. Habaaaa!!! There is no basis for comparison between dollar and naira please. American dollar will fetch you much more than what the naira equivalent will fetch you. Let's stop displaying our ignorance publicly. Try to visit Google for confirmation before you respond ignorantly again.

Jones4190:

In the US, a dollar ($) may not buy you more than a small bottle of water, while N500 will buy you a pack of 12 of the same bottles of water in Nigeria!
A pound (GB£) may not buy you even a small loaf of bread in London, but in Lagos, N600 will buy you and your partner, breakfast for 2, consisting of one N250 big loaf of bread, 4 fried eggs and 2 bottles of water!
Days ago, I bought 50 pieces of medium sized oranges from the Ketu fruit market for N1,000, that's just $2! I bought 3 pineapples for N500 ($1)!
A litre of fuel costs N160 in Lagos, but cost $0.86 (N430) in New York! While I know people who pay cad1,700 (N500,000) per month for their glorified room and parlour self-contained in Ottawa, that is what a friend pays in 6 months, for a 2 bedroom apartment, with separate toilet, bathroom and proper kitchen, in dolphin estate ikoyi

So, because Nigerians are unproductive at home, but consume from used clothes, to fake hair and eye lashes, to even PMS, from the abroad, they keep whining about the value of the dollar/pound-sterling against their currency.
There are universities in Nigeria, and I had my education entirely in Nigeria! So, if I chose to send my children abroad, what is the headache of the government in my personal decision, should the currency in their country of choice proves unaffordable to me? Who send me?
Government resorted to importing fuel because some privileged Nigerians criminally destroyed our refining capacities. Rather than punish them, we put the punishment on Nigerians.
If you chose Pizza over Aboki freshly cooked spicy bread and eggs, please find enough Naira to indulge in your borrowed Italian taste.
This argument over our poor currency is a lie of the elite to pass their problems as everyone's!
Days ago, I made a 4 litre bowl of cooked beans (enough to feed at least 8 adults) from a N200 ($0:40) measure of beans! Add another N500 ($1) worth of sweet potatoes, and you have a super nutritious meal for 8 adults!
That's less than $3 in total, N1,500 (including the costs of other stuff like onions, peppers and oil), to feed 8 adults?
Before you complain that the Naira is weak, tell me what you need the foreign currencies for, and i will show you how you and Dino are the same

EGBON e go gidi gan ni oo, e fi enu ora so what matters to the average Nigerians is consuming a bowl of beans and potato... hope that 1500 will get you quality education and healthcare, 500k for two bedroom flat at dolphin estate... I laugh in osewa

Azmanaty03:
Wait till you hear how much Bulhary and his gang of thieves budgeted for this, then u will know what's up.

They have told you what transpired, but Wailing children like you still want to force your propaganda on others

Jones4190:

Naira Is More Valuable Than Dollar And Pound. Ignorance Is Killing people like you. Wake Up!

A currency's value is what is can fetch those who use it as a means of exchange!
Those in America use dollars and those in the UK use pounds sterling. Emiratis use Dirhams and Indians Rupees. Nigerians therefore use the Naira.
The Naira today, is equivalent to 600 units to the GB£ and 500 units to the US$.
Though we are quick to lampoon the Naira as worthless, but let us compare how much value each of these currencies equivalents fetch their owners/holders, within their borders?
In the US, a dollar ($) may not buy you more than a small bottle of water, while N500 will buy you a pack of 12 of the same bottles of water in Nigeria!
A pound (GB£) may not buy you even a small loaf of bread in London, but in Lagos, N600 will buy you and your partner, breakfast for 2, consisting of one N250 big loaf of bread, 4 fried eggs and 2 bottles of water!
Days ago, I bought 50 pieces of medium sized oranges from the Ketu fruit market for N1,000, that's just $2! I bought 3 pineapples for N500 ($1)!
A litre of fuel costs N160 in Lagos, but cost $0.86 (N430) in New York! While I know people who pay cad1,700 (N500,000) per month for their glorified room and parlour self-contained in Ottawa, that is what a friend pays in 6 months, for a 2 bedroom apartment, with separate toilet, bathroom and proper kitchen, in Dolphin Estate, Ikoyi!
So why do Nigerians make so much noise over the value of their currency, when it still fetches them more value than the other currencies that they pitch the Naira against? The answer is simple: the "values" of Nigerians!
While Nigerians reacted with consternation at Dino Melaye's obnoxious display of his stolen wealth, the average Nigerian behaves exactly like Dino Melaye! From the man on the streets to the Churchpreneurs who claim to represent God!
They produce nothing, but want to flaunt everything!
Someone lamented to me about his wife's tenant, who has failed to pay N120,000 rent, for nearly a year, but slaughtered a ram and made festivities, worth N150,000, during the last Moslem "Ileya" festival!
Ask me what the man produces? Zilch!
Had this same debtor taken the N150,000, wasted on the one day feasting to the market, it will be more than enough to set up a fried Yam, sweet potatoes, Akara business, that can net him N300,000 monthly, and take him out of poverty and debt forever!
So, because Nigerians are unproductive at home, but consume from used clothes, to fake hair and eye lashes, to even PMS, from the abroad, they keep whining about the value of the dollar/pound-sterling against their currency.
There are universities in Nigeria, and I had my education entirely in Nigeria! So, if I chose to send my children abroad, what is the headache of the government in my personal decision, should the currency in their country of choice proves unaffordable to me? Who send me?
My personal definition of the problem with Nigeria is that, the policies of the State are manipulated to suit the indulgences of certain classes of Nigerians, who feed fat on the miseries of the masses.
Government resorted to importing fuel because some privileged Nigerians criminally destroyed our refining capacities. Rather than punish them, we put the punishment on Nigerians.
Government "subsidized" the same imported fuel, to create artificial opportunities for some privileged people to loot our treasury, under the artificially created system of "subsidies".
These Nigerians and their fraudulent economists should stop fooling themselves about the poor exchange rates of the nation's currency. 95% of the citizens of this country need food, water, Medicare, etc, obtainable in Naira!
If some useless, lecherous and unproductive, yet entitled, vanity flaunting elements like Dino Melaye, need foreign currencies to feed their insanity, what has that got to do with Nigeria?
If you want to indulge in the zero nutrition Orange, imported from wherever and sold at times ten that of super tasting Oranges from Benue, must Nigeria care about your price plight? Who send you?
If you chose Pizza over Aboki freshly cooked spicy bread and eggs, please find enough Naira to indulge in your borrowed Italian taste.
This argument over our poor currency is a lie of the elite to pass their problems as everyone's!
Days ago, I made a 4 litre bowl of cooked beans (enough to feed at least 8 adults) from a N200 ($0:40) measure of beans! Add another N500 ($1) worth of sweet potatoes, and you have a super nutritious meal for 8 adults!
That's less than $3 in total, N1,500 (including the costs of other stuff like onions, peppers and oil), to feed 8 adults?
Before you complain that the Naira is weak, tell me what you need the foreign currencies for, and i will show you how you and Dino are the same

This one went and regurgitated all the propaganda pieces that APC write to mask their failures.
Since Nigeria is better than US, UK and Canada. Why is your president flying out to UK at every bite of an ant?
Why are your people praying, fasting and breaking a leg to migrate to those countries.
Oshi ati iranu

Solokola311:
Rubbish trash @above!!! How can an American dollar get you just a small bottle of water? Do you know what you are saying at all? A dollar can not get you less than a thousand litres of water in America my friend. Can the naira equivalent get you the same litres in Nigeria? Definitely, capital NO!!! Google is your friend, learn how to use it abeg. Habaaaa!!! There is no basis for comparison between dollar and naira please. American dollar will fetch you much more than what the naira equivalent will fetch you. Let's stop displaying our ignorance publicly. Try to visit Google for confirmation before you respond ignorantly again.

Where is the water self to begin with. No be federal republic of borehole we dey?
US minimum wage is $7.25 per hour which is equivalent to $580 a month or N800k a month.
Yet the mumu is comparing with a country that pays 30k minimum wage.

Thread hijacked!













I still sell affordable laptops with free delivery and pay on delivery.

Details on my signature

Thread hijacked!













I still sell affordable laptops with free delivery and pay on delivery.

Details on my signature

Jones4190:

Naira Is More Valuable Than Dollar And Pound. Ignorance Is Killing people like you. Wake Up!

A currency's value is what is can fetch those who use it as a means of exchange!
Those in America use dollars and those in the UK use pounds sterling. Emiratis use Dirhams and Indians Rupees. Nigerians therefore use the Naira.
The Naira today, is equivalent to 600 units to the GB£ and 500 units to the US$.
Though we are quick to lampoon the Naira as worthless, but let us compare how much value each of these currencies equivalents fetch their owners/holders, within their borders?
In the US, a dollar ($) may not buy you more than a small bottle of water, while N500 will buy you a pack of 12 of the same bottles of water in Nigeria!
A pound (GB£) may not buy you even a small loaf of bread in London, but in Lagos, N600 will buy you and your partner, breakfast for 2, consisting of one N250 big loaf of bread, 4 fried eggs and 2 bottles of water!
Days ago, I bought 50 pieces of medium sized oranges from the Ketu fruit market for N1,000, that's just $2! I bought 3 pineapples for N500 ($1)!
A litre of fuel costs N160 in Lagos, but cost $0.86 (N430) in New York! While I know people who pay cad1,700 (N500,000) per month for their glorified room and parlour self-contained in Ottawa, that is what a friend pays in 6 months, for a 2 bedroom apartment, with separate toilet, bathroom and proper kitchen, in Dolphin Estate, Ikoyi!
So why do Nigerians make so much noise over the value of their currency, when it still fetches them more value than the other currencies that they pitch the Naira against? The answer is simple: the "values" of Nigerians!
While Nigerians reacted with consternation at Dino Melaye's obnoxious display of his stolen wealth, the average Nigerian behaves exactly like Dino Melaye! From the man on the streets to the Churchpreneurs who claim to represent God!
They produce nothing, but want to flaunt everything!
Someone lamented to me about his wife's tenant, who has failed to pay N120,000 rent, for nearly a year, but slaughtered a ram and made festivities, worth N150,000, during the last Moslem "Ileya" festival!
Ask me what the man produces? Zilch!
Had this same debtor taken the N150,000, wasted on the one day feasting to the market, it will be more than enough to set up a fried Yam, sweet potatoes, Akara business, that can net him N300,000 monthly, and take him out of poverty and debt forever!
So, because Nigerians are unproductive at home, but consume from used clothes, to fake hair and eye lashes, to even PMS, from the abroad, they keep whining about the value of the dollar/pound-sterling against their currency.
There are universities in Nigeria, and I had my education entirely in Nigeria! So, if I chose to send my children abroad, what is the headache of the government in my personal decision, should the currency in their country of choice proves unaffordable to me? Who send me?
My personal definition of the problem with Nigeria is that, the policies of the State are manipulated to suit the indulgences of certain classes of Nigerians, who feed fat on the miseries of the masses.
Government resorted to importing fuel because some privileged Nigerians criminally destroyed our refining capacities. Rather than punish them, we put the punishment on Nigerians.
Government "subsidized" the same imported fuel, to create artificial opportunities for some privileged people to loot our treasury, under the artificially created system of "subsidies".
These Nigerians and their fraudulent economists should stop fooling themselves about the poor exchange rates of the nation's currency. 95% of the citizens of this country need food, water, Medicare, etc, obtainable in Naira!
If some useless, lecherous and unproductive, yet entitled, vanity flaunting elements like Dino Melaye, need foreign currencies to feed their insanity, what has that got to do with Nigeria?
If you want to indulge in the zero nutrition Orange, imported from wherever and sold at times ten that of super tasting Oranges from Benue, must Nigeria care about your price plight? Who send you?
If you chose Pizza over Aboki freshly cooked spicy bread and eggs, please find enough Naira to indulge in your borrowed Italian taste.
This argument over our poor currency is a lie of the elite to pass their problems as everyone's!
Days ago, I made a 4 litre bowl of cooked beans (enough to feed at least 8 adults) from a N200 ($0:40) measure of beans! Add another N500 ($1) worth of sweet potatoes, and you have a super nutritious meal for 8 adults!
That's less than $3 in total, N1,500 (including the costs of other stuff like onions, peppers and oil), to feed 8 adults?
Before you complain that the Naira is weak, tell me what you need the foreign currencies for, and i will show you how you and Dino are the same

Wisdom. Brother please explain more of this, I would love to learn

Solokola311:
Rubbish trash @above!!! How can an American dollar get you just a small bottle of water? Do you know what you are saying at all? A dollar can not get you less than a thousand litres of water in America my friend. Can the naira equivalent get you the same litres in Nigeria? Definitely, capital NO!!! Google is your friend, learn how to use it abeg. Habaaaa!!! There is no basis for comparison between dollar and naira please. American dollar will fetch you much more than what the naira equivalent will fetch you. Let's stop displaying our ignorance publicly. Try to visit Google for confirmation before you respond ignorantly again.

he is right. Do you know a house in lekki that goes for 50 million, you cannot get such a house in America for 500 thousand dollars. Even a 3 bedroom flat that goes for 350k naira you cannot get such in America for 3k dollars. Goods that are cheaper in america and costly in naija are majorly imported goods. You know why they have electricity. If we had electricity in naija and Nigerians are very productive wetin concern is with price of dollar

JOHNSONSOLAFUNMI:


EGBON e go gidi gan ni oo, e fi enu ora so what matters to the average Nigerians is consuming a bowl of beans and potato... hope that 1500 will get you quality education and healthcare, 500k for two bedroom flat at dolphin estate... I laugh in osewa

you see, you don't even understand his premise. One day you would be in us or uk and you would value Nigeria

JOHNSONSOLAFUNMI:


EGBON e go gidi gan ni oo, e fi enu ora so what matters to the average Nigerians is consuming a bowl of beans and potato... hope that 1500 will get you quality education and healthcare, 500k for two bedroom flat at dolphin estate... I laugh in osewa

you see, you don't even understand his premise. The kind of accommodation 500k would give you in naija, 10k pounds a year accommodation in uk would not give it to you. One day you would be in us or uk and you would value Nigeria

Agbegbaorogboye:

This one went and regurgitated all the propaganda pieces that APC write to mask their failures.
Since Nigeria is better than US, UK and Canada. Why is your president flying out to UK at every bite of an ant?
Why are your people praying, fasting and breaking a leg to migrate to those countries.
Oshi ati iranu

he is not saying we are better, he is saying the purchasing power of a currency is dependent on its country of abode. Nothing special in those countries. They only have good leaders and we have criminals. Can a senator in uk afford lambo of 1 million dollars

jesmond3945:
he is not saying we are better, he is saying the purchasing power of a currency is dependent on its country of abode. Nothing special in those countries. They only have good leaders and we have criminals. Can a senator in uk afford lambo of 1 million dollars

I'm ashamed on your behalf if you really believe that crap he wrote.
Think about it. If the purchasing power of the naira is higher than that of the dollar as he claims, why is the naira less in value than the dollar?
He is using a uniform parameter to determine quantity instead of relative. For instance bottled coke in the US costs less than a dollar while it's hundred of a naira in Nigeria. That same one dollar is four hundreds of a naira.
Which means you can actually get four bottles of coke with a dollar in Nigeria (the price of one in the US) while a naira can't even get you a bottle of that same coke in the US. Don't forget that money is primarily a medium of exchange.
That's besides the fact that most of the illustrations he made are false.

jesmond3945:
Wisdom. Brother please explain more of this, I would love to learn

Yet you failed to learn while in school but are willing to learn from an online propagandist!!

Agbegbaorogboye:

Yet you failed to learn while in school but are willing to learn from an online propagandist!!

loool. Okay oo you can see it as propaganda because you feel nothing is ever good in Nigeria

Jones4190:

Naira Is More Valuable Than Dollar And Pound. Ignorance Is Killing people like you. Wake Up!

A currency's value is what is can fetch those who use it as a means of exchange!
Those in America use dollars and those in the UK use pounds sterling. Emiratis use Dirhams and Indians Rupees. Nigerians therefore use the Naira.
The Naira today, is equivalent to 600 units to the GB£ and 500 units to the US$.
Though we are quick to lampoon the Naira as worthless, but let us compare how much value each of these currencies equivalents fetch their owners/holders, within their borders?
In the US, a dollar ($) may not buy you more than a small bottle of water, while N500 will buy you a pack of 12 of the same bottles of water in Nigeria!
A pound (GB£) may not buy you even a small loaf of bread in London, but in Lagos, N600 will buy you and your partner, breakfast for 2, consisting of one N250 big loaf of bread, 4 fried eggs and 2 bottles of water!
Days ago, I bought 50 pieces of medium sized oranges from the Ketu fruit market for N1,000, that's just $2! I bought 3 pineapples for N500 ($1)!
A litre of fuel costs N160 in Lagos, but cost $0.86 (N430) in New York! While I know people who pay cad1,700 (N500,000) per month for their glorified room and parlour self-contained in Ottawa, that is what a friend pays in 6 months, for a 2 bedroom apartment, with separate toilet, bathroom and proper kitchen, in Dolphin Estate, Ikoyi!
So why do Nigerians make so much noise over the value of their currency, when it still fetches them more value than the other currencies that they pitch the Naira against? The answer is simple: the "values" of Nigerians!
While Nigerians reacted with consternation at Dino Melaye's obnoxious display of his stolen wealth, the average Nigerian behaves exactly like Dino Melaye! From the man on the streets to the Churchpreneurs who claim to represent God!
They produce nothing, but want to flaunt everything!
Someone lamented to me about his wife's tenant, who has failed to pay N120,000 rent, for nearly a year, but slaughtered a ram and made festivities, worth N150,000, during the last Moslem "Ileya" festival!
Ask me what the man produces? Zilch!
Had this same debtor taken the N150,000, wasted on the one day feasting to the market, it will be more than enough to set up a fried Yam, sweet potatoes, Akara business, that can net him N300,000 monthly, and take him out of poverty and debt forever!
So, because Nigerians are unproductive at home, but consume from used clothes, to fake hair and eye lashes, to even PMS, from the abroad, they keep whining about the value of the dollar/pound-sterling against their currency.
There are universities in Nigeria, and I had my education entirely in Nigeria! So, if I chose to send my children abroad, what is the headache of the government in my personal decision, should the currency in their country of choice proves unaffordable to me? Who send me?
My personal definition of the problem with Nigeria is that, the policies of the State are manipulated to suit the indulgences of certain classes of Nigerians, who feed fat on the miseries of the masses.
Government resorted to importing fuel because some privileged Nigerians criminally destroyed our refining capacities. Rather than punish them, we put the punishment on Nigerians.
Government "subsidized" the same imported fuel, to create artificial opportunities for some privileged people to loot our treasury, under the artificially created system of "subsidies".
These Nigerians and their fraudulent economists should stop fooling themselves about the poor exchange rates of the nation's currency. 95% of the citizens of this country need food, water, Medicare, etc, obtainable in Naira!
If some useless, lecherous and unproductive, yet entitled, vanity flaunting elements like Dino Melaye, need foreign currencies to feed their insanity, what has that got to do with Nigeria?
If you want to indulge in the zero nutrition Orange, imported from wherever and sold at times ten that of super tasting Oranges from Benue, must Nigeria care about your price plight? Who send you?
If you chose Pizza over Aboki freshly cooked spicy bread and eggs, please find enough Naira to indulge in your borrowed Italian taste.
This argument over our poor currency is a lie of the elite to pass their problems as everyone's!
Days ago, I made a 4 litre bowl of cooked beans (enough to feed at least 8 adults) from a N200 ($0:40) measure of beans! Add another N500 ($1) worth of sweet potatoes, and you have a super nutritious meal for 8 adults!
That's less than $3 in total, N1,500 (including the costs of other stuff like onions, peppers and oil), to feed 8 adults?
Before you complain that the Naira is weak, tell me what you need the foreign currencies for, and i will show you how you and Dino are the same

This write up shows that the writer doesn't think well or is being mischievous.So ur saying 500 naira is worth more than a dollar for the Nigerian environment?
Dontvyou know that it's much easier for am American to make a dollar than a Nigerian to make 500 naira?

Your talking as if the earning potential in us is the same in nigeria.please stop posting this type of thing abeg

Agbegbaorogboye:

I'm ashamed on your behalf if you really believe that crap he wrote.
Think about it. If the purchasing power of the naira is higher than that of the dollar as he claims, why is the naira less in value than the dollar?
He is using a uniform parameter to determine quantity instead of relative. For instance bottled coke in the US costs less than a dollar while it's hundred of a naira in Nigeria. That same one dollar is four hundreds of a naira.
Which means you can actually get four bottles of coke with a dollar in Nigeria (the price of one in the US) while a naira can't even get you a bottle of that same coke in the US. Don't forget that money is primarily a medium of exchange.
That's besides the fact that most of the illustrations he made are false.

The power of a currency comes from its country of origin and also it's ability to buy locally made goods rather than imported. We don't spend dollars in Nigeria, we spend im naira. Now I mentioned earlier that whatever is imported into the country automatically becomes expensive except what we produce. Coke is imported and bottled in Nigeria. The secret ingredients of coke is not made in Nigeria. Secondly, power issue. It costs more to produce your bottle of coke in Niaja than in US. I can tell you that most of our foodstuffs imported into America are very expensive for this same reason. Tell Nigerians in diaspora how much they spend in african shop compared to the equivalent in foreign shops. The guy is saying if you seek imported goods to locally produced ones, you have to take responsibility and bear the cost rather than lamenting why the naira currency is lower against the dollar.
Nigeria would rather buy imported palm oil for 5000 naira than buy their locally produced for 400 naira, so what is the business of govt in that? The only way to make naira stronger is cut down on importation and generate more power and also let Nigerians be productive more because they are generally lazy.