Adakintroy:


Na lie. Depend on were you de for lag.

I de stay mile 12. Food cheap like village.

Imagine... Is Mile 12 not a depot where trailers offload food first before it gets distributed to other markets and retailers? Why won't food be cheap there?

For your info, I don't stay in mile 12.. come to Akoka area, you'll know what's up.
Unilag students forming big boys and girls have made everything so expensive in this area.

[quote author=CrystalSpark post=105853281]Let me jump on the trend, too! I decided to make a light dinner after today’s hustle.

I live, cook, and eat alone. See what I got for 950 naira at the market that was closest to where I was this evening.

Veggies - 300
Eggs (5) - 250
Plantain - 400

Fair?[/quote.
That plantain for Lagos na 1000k

Those things were gonna rot anyway....


That's why it's that cheap

Guyman02:
He picked those rotten carrots from the garbage thrown away by the Mallam selling it.
Even the eggs look sick as if it will explode Kpoof if you crack it open.
The tomato was taken from the basket called baje baje.
The green peas has spent so much days in the sun and the green has faded from some part.
The plantain and onions look manageable

LMAO.
This guyman funny die

I'm relocating to Abuja tonight .

Na 1500 go get this for you in CALABAR.

Come to Kiraly street in Budapest here and see what we call veggies at low rates.

Y'all are eating poison in Nigeria.

yusluvad:
May God keep helping and providing for us...

Amen o.

Lifestone:
This has alway been the crux of my argument on Dollar/Naira exchange rate.
There is no way you can get such at $2.00 in the US. Those stuffs you see there can not be less $10.00 which is like N5,200.00 in Nigeria at an exchange rate of N520/$1.00
Value of currency is supposed to measure in term of the basket of goods it can purchase.

Nice Analysis. Make i do mine too

The Nigerian Man buys this at approximate $2
You said it will cost $10 in US. Lets make it $20

The nigerian minimum wage is N30,000( $60 per month)
Federal minimum wage in USA is $7.5/hr($1200 per month). Note this is the smallest in US. Several states have as high as $11-14

Nigerian man spends 3.33% of his income on this(2/60)

American spends 1.67% of his own income (20/1200)

Note that i was quite conservative with the American minimum wage and doubled your expected american cost of the veggies.

The Nigerian man is still worse off.

They refused to sell #300 plantain to me in Onitsha here on Tuesday...saying I must pay #500... despite that asked for any quantity...

Emir01:


You're right bro, u sabi street wella

Things are expensive everywhere. Even in the market

chatinent:
If that plantain is not up to ₦1k, make hair grow for Tuface head.

All of that plantain is just #200 in my community in Bayelsa.

Elliot2:
All of that plantain is just #200 in my community in Bayelsa.

In my side, ₦1k na abeg.

Guyman02:
He picked those rotten carrots from the garbage thrown away by the Mallam selling it.
Even the eggs look sick as if it will explode Kpoof if you crack it open.
The tomato was taken from the basket called baje baje.
The green peas has spent so much days in the sun and the green has faded from some part.
The plantain and onions look manageable

Kai naija

are those carrots or rattos

greenie77:
Those carrots.......

Harddiskng:


Can Nigeria afford a good minimum wage. Be like say you never check the financial health of your Nation

Your leaders should check and be mindful of the health of your Nation. I actually don’t live there like you.

Lifestone:
This has alway been the crux of my argument on Dollar/Naira exchange rate.
There is no way you can get such at $2.00 in the US. Those stuffs you see there can not be less $10.00 which is like N5,200.00 in Nigeria at an exchange rate of N520/$1.00
Value of currency is supposed to measure in term of the basket of goods it can purchase.

Backyard economics.

You buy all these for #950....
So cheap !
I beg which market?

Really good price... I won't say its cheap cos its not.

But that carrot get covid-19... Op wash am with bleach

You try. It’s very cheap

Mercychen:
Super cheap.
Here in Lag, the
veggies will go for 400

Egg 300

Plantain 1k

Total 1700.

Don't.mind him. .

In Ikeja here in Lagos ordinary that plantain go reach N900.

Basicend:


Don't.mind him. .

In Ikeja here in Lagos ordinary that plantain go reach N900.

True.

feezay86:
Those carrots are meant for sacrifice I guess

Savage Character

wait oo..

u were able to get these plantains for 400, and u are complaining?

along Ajah road in Lagos, there is no more 500 plantain..

the lowest is 1k

venabili:


Nice Analysis. Make i do mine too

The Nigerian Man buys this at approximate $2
You said it will cost $10 in US. Lets make it $20

The nigerian minimum wage is N30,000( $60 per month)
Federal minimum wage in USA is $7.5/hr($1200 per month). Note this is the smallest in US. Several states have as high as $11-14

Nigerian man spends 3.33% of his income on this(2/60)

American spends 1.67% of his own income (20/1200)

Note that i was quite conservative with the American minimum wage and doubled your expected american cost of the veggies.

The Nigerian man is still worse off.

Even with Taxes paid the Nigerian is worse off. Plus Quality of the Items.

Mercychen:


Imagine... Is Mile 12 not a depot where trailers offload food first before it gets distributed to other markets and retailers? Why won't food be cheap there?

For your info, I don't stay in mile 12.. come to Akoka area, you'll know what's up.
Unilag students forming big boys and girls have made everything so expensive in this area.

Lol..that's why I said depend on were you de stay.

rickleye:


Even with Taxes paid the Nigerian is worse off. Plus Quality of the Items.

Yea, No american shop will sell that measly looking stuff at $5 sef. Unless they want a visit from health inspectors(USDA). Its in nigeria we eat all this stuff cos its all we can afford.

CrystalSpark:


Kado Fish Market

Abuja man. Which day I even pass that side sef

Do not lied to us here..... Hope u are not Aps

Do not lied to us here..... Hope u are not APC

CrystalSpark:


Thank God you said “supposed”

In reality, it is measured in trade power on the global scale, standard of living in the said country, salary/ wages, economic viability.

You want to sell plantain 5,000 in a country where minimum wage is 18,000 p/m

Thanks for replying that irredeemable creature.

CrystalSpark:
Let me jump on the trend, too! I decided to make a light dinner after today’s hustle.

I live, cook, and eat alone. See what I got for 950 naira at the market that was closest to where I was this evening.

Veggies - 300
Eggs (5) - 250
Plantain - 400

Fair?

That of the plantain is hard to believe