Breaking: 99.4 % of bank accounts in Nigeria contain less than N500,000 ($800).
- NDIC

Mee:

This is worrisome and underlined the prevalence of extreme poverty under the genocidal Buhari regime. Only 5% of individual Bank accounts in Nigeria has N500,000 ($800).

With this statistic by the Bank regulatory body, it is not an understatement to declare that presently Nigerians are extremely poor.

And it was in the midst of this extreme poverty and hunger that Buhari's jobless son recently distributed iPhone13 and iPad as souvenirs in his wedding. The most expensive and extravagant wedding in the history of Nigeria.

#ElbinawiTweets

I'm one of them.

It is what it is...

OP, na nonsense abeg.

D tin u dey do fit confuse you sef. Na people wey tink say becos dem go school dem fit confuse people wey no go school dey do wetin you dey do so.


No be cash be the only way to hold value and assets o. And account balance dey move up and down. Some people sef wey dem add don kpai!

Some people wey you think say dem no get cash balance wey dey higher no be say dem no get. Some people get asset for real estate, shares, IP, agric assets etc.[quote][/quote] I sabi one old Fulani man wey hin cows alone put his assets in cow around N200m but he no get up to N50K balance for account.
No be everybody like bank.

Nigerians are bailing surviving. This government is killing Nigerians in all sphere.

Who bank account epp when I have a bullion van?

warripekin:
Nigerians are bailing surviving. This government is killing Nigerians in all sphere.

You see your life so? OP don confuse you becos you tink say na akant balance you fit sabi livelihoods.

Abegi leave Nairaland , go school abegi, na ur time and life you dey waste so for nairaland.

We be 206m, how many people get akant? No even reach 25% of the population.
Some people get 10 bank accounts and even more, if you get average of N200k for 10 accounts, dat one na poor man? Shiorr

Elbinawi:
Breaking: 99.4 % of bank accounts in Nigeria contain less than N500,000 ($800).
- NDIC

Mee:

This is worrisome and underlined the prevalence of extreme poverty under the genocidal Buhari regime. Only 5% of individual Bank accounts in Nigeria has N500,000 ($800).

With this statistic by the Bank regulatory body, it is not an understatement to declare that presently Nigerians are extremely poor.

And it was in the midst of this extreme poverty and hunger that Buhari's jobless son recently distributed iPhone13 and iPad as souvenirs in his wedding. The most expensive and extravagant wedding in the history of Nigeria.

#ElbinawiTweets

Some have move their money into their own banks via Blockchain Technology

Nigerialabalaba:
OP, na nonsense abeg.

D tin u dey do fit confuse you sef. Na people wey tink say becos dem go school dem fit confuse people wey no go school dey do wetin you dey do so.


No be cash be the only way to hold value and assets o. And account balance dey move up and down. Some people sef wey dem add don kpai!

Some people wey you think say dem no get cash balance wey dey higher no be say dem no get. Some people get asset for real estate, shares, IP, agric assets etc. I sabi one old Fulani man wey hin cows alone put his assets in cow around N200m but he no get up to N50K balance for account.
No be everybody like bank.

in a nutshell, what are you driving at?

99% is an alarming percentage! Damn it! Forget all the packaging, Nigerians are really poor!

But then, I think enlightened Nigerians are increasingly saving their money in USD and other stablecoins because naira is on free fall.

Despite that, it doesn't negate the fact that Nigerians are living on the breadline.

Situation is pathetic

Elbinawi:
Breaking: 99.4 % of bank accounts in Nigeria contain less than N500,000 ($800).
- NDIC

Mee:

This is worrisome and underlined the prevalence of extreme poverty under the genocidal Buhari regime. Only 5% of individual Bank accounts in Nigeria has N500,000 ($800).

With this statistic by the Bank regulatory body, it is not an understatement to declare that presently Nigerians are extremely poor.

And it was in the midst of this extreme poverty and hunger that Buhari's jobless son recently distributed iPhone13 and iPad as souvenirs in his wedding. The most expensive and extravagant wedding in the history of Nigeria.

#ElbinawiTweets

I don't believe this abeg its bug lie

i dont always have that much after paying rent and other many things....

its normal....even in western nations....

i lived with a portugese family....guy was always workin,but middle of the month,he was always blank and always beggin me to borrow him money till endin of the month....

Elbinawi:
Breaking: 99.4 % of bank accounts in Nigeria contain less than N500,000 ($800).
- NDIC

Mee:

This is worrisome and underlined the prevalence of extreme poverty under the genocidal Buhari regime. Only 5% of individual Bank accounts in Nigeria has N500,000 ($800).

With this statistic by the Bank regulatory body, it is not an understatement to declare that presently Nigerians are extremely poor.

And it was in the midst of this extreme poverty and hunger that Buhari's jobless son recently distributed iPhone13 and iPad as souvenirs in his wedding. The most expensive and extravagant wedding in the history of Nigeria.

#ElbinawiTweets

That's breaking lie! Politicians, senior career officials, businessmen and women and individual investors account for more than the remaining 0.6%.

Nigerialabalaba:
OP, na nonsense abeg.

D tin u dey do fit confuse you sef. Na people wey tink say becos dem go school dem fit confuse people wey no go school dey do wetin you dey do so.


No be cash be the only way to hold value and assets o. And account balance dey move up and down. Some people sef wey dem add don kpai!

Some people wey you think say dem no get cash balance wey dey higher no be say dem no get. Some people get asset for real estate, shares, IP, agric assets etc. I sabi one old Fulani man wey hin cows alone put his assets in cow around N200m but he no get up to N50K balance for account.
No be everybody like bank.

one bottle of beer for you. Assets pass cash in bank

What about URGENT 2K?
In whose Accounts do babes keep that?
Such can revive the Economy naa!

Buhari is on a mission to finish Nigeria.

DOTian:
Buhari is on a mission to finish Nigeria.

Most Nigerians deserve him.
Those that desire TINUBU shall get their package soon. No doubt.

How true is this report?
And your source?

Damn!

LOAD THEM WILL MONEY NA!EWU REPORT

Make we see where we find ourselves nah.... 99% is just too high. Though I know lots of ppl are using their money wisely these days cos no one is not sure of where the country is going. Some dey hold their money in dollar investments while some have their money already invested in different projects across the country...... but truth be told, this is an alarming figure.

Don't know wetin emefiele dey sef..... I think it will be better if he is relieved of the cbn job and d portfolio given to pyo sef. The VP seems more competent than him in matters of economics

We the Billi are not affected...

pongwa:
one bottle of beer for you. Assets pass cash in bank

The so-called assets don't yield cash flow? An asset without cash flow is useless.

No doubt...majority the remaining 0.6% accounts belongs to political office holders, Yahoo boys and bandits.

Na today una know?

Elliotwaveforec:

The so-called assets don't yield cash flow? An asset without cash flow is useless.

which so called assets?

SRAROFDAVID:
I don't believe this abeg its bug lie

How much do you have in your bank account

Op, where is your source?

Lol.