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How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria - Career - Nairaland

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How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by Techsupport: 11:36pm On Apr 29
I am no business person, I am a monthly income person. I don't know the average income in Nigeria. My question is this how much money should you have to be considered rich.
or how much monthly income should you make to be considered rich?

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by Techsupport: 1:17am On Apr 30
ProlificEric:
Get a quick and affordable loan with no collateral requirements. Check my signature.

That does not relate to the question asked. but I am pretty sure a lot of people want collateral free loan

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by FatherCHRISTMAS: 6:28am On Apr 30
Techsupport:


That does not relate to the question asked. but I am pretty sure a lot of people want collateral free loan

Rich is categorized by the number of businesses you control or investment you hold and not about monthly income.

On the other hand, let's say you ear 2.6m per month apart from other incentives, then you are lucky and rich. 2.6m ×12 months = wealth
What majority of Nigerians consider as rich is having a nice house and a car.

meanwhile Please check my thread

https://www.nairaland.com/6506600/dept-officially-declaring-bankruptcy
https://www.nairaland.com/6512637/how-ran-into-debt#100919299

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by Techsupport: 2:28pm On Apr 30
FatherCHRISTMAS:


Rich is categorized by the number of businesses you control or investment you hold and not about monthly income.

On the other hand, let's say you ear 2.6m per month apart from other incentives, then you are lucky and rich. 2.6m ×12 months = wealth
What majority of Nigerians consider as rich is having a nice house and a car.

So what of if you have businesses and dont make up to 2.6 mil a month?

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by slawormiir: 5:09pm On Apr 30
Damnnn niggarrrr
Isoright ....

This question get as he be.....

But to be me o...there is no exact amount.....
As far as you get enough money that month to afford your wants and need without bothering anybody

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by aminusodiq(m): 5:09pm On Apr 30
angry

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by The5DME(m): 5:09pm On Apr 30
That's a rather, vague question.

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by damosky12(m): 5:09pm On Apr 30
Rich is relative.

The amount of income or resources you consider to be wealth is meaningless to another person. This is why a "big boy" income in Nigeria is what a cleaner earns in the USA.

As long as you are able to pay your bills, meet your needs and that of your family, with some good savings/assets to back up, you are rich!

You don't have to wait for someone to consider you rich. If B considers you rich, Z might not. Just be rich in your mind!

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by Worksunlimited: 5:09pm On Apr 30
Hian

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by Obinnau(m): 5:10pm On Apr 30
Honestly, I will say 500k per month
But what's the point of earning 1 million per month if you don't have savings at the end of the month?
Also both the rich and the poor are still poor when you consider the standard of life in Nigeria. It's too low.

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by RuudVanNisteroy: 5:10pm On Apr 30
I would say earning $30,000 dollars (10 million naira monthly).

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by Righteousness2(m): 5:10pm On Apr 30
Beloved, I wish above all things that thou mayest prosper and be in health, even as thy soul prospereth.

This is what Riches and Wealth is.
You don't need Trillions and Billions for it.
Be Content!
Involve GOD Conciously in all your doings ( Big or Small). Put Him First.
The Blessing of GOD on your little thing will give you more life than anything else.

Life is not by Struggle! It is a Gift From GOD. If GOD did not give you, you can't have it! And if you get it outside GOD, it will be Struggle, Pains and Destruction.

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by jasmine1600: 5:10pm On Apr 30
R
Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by ratiken(m): 5:11pm On Apr 30
FatherCHRISTMAS:


Rich is categorized by the number of businesses you control or investment you hold and not about monthly income.

On the other hand, let's say you ear 2.6m per month apart from other incentives, then you are lucky and rich. 2.6m ×12 months = wealth
What majority of Nigerians consider as rich is having a nice house and a car.

2.6M = 5.3k USD.... I don't think Nigerians fully understand what Buhari has done.

If your earning is naira... forget it, you have lost so much value. The average Nigerian millionaire aint rich.

42 Likes 1 Share

Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by ceejayluv(m): 5:11pm On Apr 30
Naira is useless. If your annual income is equivalent to 75,000 USD and above, then you've started arriving .

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by madridguy(m): 5:11pm On Apr 30
Even as Naira weak reach 2 million monthly is not bad. May God connect us with the people that matter most.

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by shawnfamous(m): 5:11pm On Apr 30
This question must have been asked by someone below 18 years.. If u have a job that pays 1M monthly and u have projects u are carrying out, do u still consider urself rich ? U can't even call ur self rich even after Working for a year when u have Responsibilities..
meanwhile, Wealth has Grade, Ur 12M Gross take home is someone's hospital bill.

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by aaa14bd1083: 5:11pm On Apr 30
grin get rich or die trying

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by inoki247: 5:11pm On Apr 30
You must be a Politician first den u are rich...

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by ImmaculateJOE(m): 5:11pm On Apr 30
If my monthly expenses put together is... Let's say N200k, for me to consider myself rich I should be making x10 of such amount, that's N2millon.
But then the idea is to become wealthy not just rich..

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by shortgun(m): 5:11pm On Apr 30
You are rich if you can spend more than a dollar daily.

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by DTeekay(m): 5:11pm On Apr 30
10k and good health

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by NwaIgboBoy(m): 5:12pm On Apr 30
something I dont know ppl the ask this kind things self ...

1 Like

Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by seanwilliam(m): 5:12pm On Apr 30
If you can net 3m per month after all expenses, then you’re doing very fine
Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by MrWTF(m): 5:12pm On Apr 30


If your business can fetch u 500 thousand naira profit monthly, then u don Dey arrive.


1 Like

Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by Leun: 5:12pm On Apr 30
Here to learn.
Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by SweetCunt97(f): 5:12pm On Apr 30
Couple millions. Me I'm poor so i no dey drag am with anybody. Never seen million with my eye before

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Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by Seniorwriter(m): 5:12pm On Apr 30
Been Rich is mandatorily measured by your income per minute.
Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by fourboys: 5:12pm On Apr 30
g
Re: How Much Money Do You Have To Make Monthly To Be Considered Rich In Nigeria by RuudVanNisteroy: 5:12pm On Apr 30
There are two types of riches: one obtained through hardwork and the other obtained through corruption,embezzlement,bribery and inflated contracts.

The riches through hardwork that involves working your way through the corporate ladder in Shell,MTN,First Bank,Nigerian Breweries etc I would say earning the equivalent of $10,000-$30,000, which is around three to ten million naira monthly when you get to a managment position.

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