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Who Are The Real Middle Class In Nigeria? - Family - Nairaland

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Who Are The Real Middle Class In Nigeria? / Why POOR Families Might Be Better Than Middle Class / How To Identify A Middle Class Nigerian : Elnathan John (2) (3) (4)

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Who Are The Real Middle Class In Nigeria? by Nice2023(m): 8:07pm On Jul 15, 2023
The real middle class in Nigeria are individuals and families who have a moderate income level, typically earning between N500,000 to N10,000,000 ($1,200 to $24,000) per year. They often hold white-collar jobs in sectors such as banking, finance, education, healthcare, and technology. The middle class in Nigeria is characterized by their ability to afford a decent standard of living, including owning their own homes, sending their children to good schools, having access to healthcare services, and possessing some discretionary income for leisure activities and savings. They typically reside in urban areas, particularly in the major cities like Lagos, Abuja, and Port Harcourt. The middle class in Nigeria is considered the backbone of the economy and plays a vital role in consumer spending and economic growth.

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