Sirseedorf:
I don't think there is any middle class in Nigeria, it's either you are rich or poor.
If you can afford thrice meal a day and have extra money to spend every day on what you want, then you're rich, but if you can't afford thrice meal per-day and still don't have extra money to hold body, or you always complain about the government,then you're poor. No middle class it is either poor or rich in Nigeria.

Peace....

Allisgud:
abi na,I know who poor pass me

meum:
No middle class.

In Nigeria what we have are
1. High class
2. Low class &
3. No class/classless (the poorest of the poor).

Allisgud:
U said from 500k to 10m per year,so that means a 60k monthly earner equal to 720k per year does that put him in a middle class

seunmsg:


30k per month is 360k annually. You belong to the poverty stricken category. You should apply for Tinubu’s monthly 8k. No offense, please.

Allisgud:
U said from 500k to 10m per year,so that means a 60k monthly earner equal to 720k per year does that put him in a middle class

Nice2023:
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.

franchasofficia:
1.) Wealthy class; 100million and above annual income


2.) Rich class; 10million to 99million annual income

3.) Average class; 4million to 9million annual income


4.) The struggling class; 1million to 3.9million annual income


5.) Poor class; 100k to 900k annual income


6.) The very poor and downtrodden class; anyone earning 100k thousand below in a year

Nice2023:
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.

Curious345:
80% of Nigerian middle class is populated by the Fulani + Hausa
12% of the middle class is also populated by their slaves (Yoruba ronu)

8% of the middle class is populated by the citizens with a merit badge ,who worked ,studied to earn that middle class status .

The middle class comprises individuals with moderate to comfortable income and social status, typically having access to education, homeownership, and some discretionary spending.


The upper middle class and upper class status of Nigeria is 90% populated by the Igbos . They are cumulatively richer that the other 333tribes combined .

seunmsg:


30k per month is 360k annually. You belong to the poverty stricken category. You should apply for Tinubu’s monthly 8k. No offense, please.

udemzyudex:
We don't have Middle class in Nigeria again,we have the Rich,the poor and the vulnerable.

sylve11:
You can't call a person earning 500k as a middle class.

The cost of living is very expensive these days. especially when you have mouths to cater for.

Except you produce some of the foods you eat and still earn 500k, that's when you can call yourself a middle class.

Times are hard and if you're not favored, you will keep asking yourself what's the essence of living.

emmaodet:


There are a sizeable middle class in Nigeria.

Any household earning $1,000 equivalent in Nigeria is in the middle class. Middle middle class.
Aside the 3 big cities in Nigeria - Lagos, PH, Abuja, any household of 500k per month is middle class on other towns and cities.
My area as an example, average decent 3 bedroom goes for 300-400k.
Average good primary school is 50k per term upward, land is 1.5m upward.
So a household of 6m per year should be able to manage their life very well.
To the best of my knowledge, the bulk of Nigeria's middle class are in the informal sector and not formal.
The percentage of salary earners earning 500k and above won't be more than 100k people max cutting across all sectors - oil and gas, maritime, aviation, IT, telecommunications, banking etc

Raskimonojendor:
Mostly bank workers and telecoms workers.

PotatoSalad:
Tinubu will singlehandedly kill middle class in Nigeria like he did in Lagos. In a few years, you're either rich or poor.
With the middle class gone, and nobody to meet requirements for getting student loan, low income earners will have no other option than withdraw their children from school. Then the government can now have an upper hand in controlling them and having them do their biddings a.k.a turn them into touts.
Impoverish them and give them 8k palliatives and they'll move mountains for you.

Sometimes I wonder if this is all a simulation, cos it feels preplanned.

mfm04622:


So you think someone earning 10M per annum can afford to live in Banana Island? Lol!!!

When rents can be more than 10M per annum?

Wainey:
you can't also call someone earning N10m to be middle class, OP no know wetin him deh yarn.
Middle class should be from N500k (lower middle class)
N1m mid middle class and
N2.5m- higher middle class.

Trustmea:
There is still subclasses inside this middle class

Basicend:


Rubbish.

#500,000 per annum in Nigeria of today is very poor.

Even 3m per annum is going to be in the poor category.

May be from #5m / annum - 10m / annum can be considered as middle class.

lawani:
Intelligent submission but salary earners earning 500k per month are higher in number than that

bravehost4u:


Your statistic may justify a particular location but cannot serve as a yardstick to classify one as a middle class.
My Location:
Rent : 360k (2 bed flat in a Middle class area)
Power : 60k (Prepaid meter@5k monthly)
Petrol/Diesel (car, business home) :
Break down (petrol): Car -15k weekly = 780k
Home - 10k weekly = 520k Install 2.5kva inverter with 450k to last for 3 years i.e 150k per year
Businesses - 30k weekly I don't understand this. Fuel for business is an overhead cost and should vary positively with Profit , this does not fit for a salary earner
Total for petrol : 2.86m 930k
Feeding : 1.08m at 3k daily
Miscellaneous : 1.5m for a single person this is high. 50k monthly is okay. i.e 600k per annum
Village People problems : 1m No go dey do pass your self; 300k is fine

Total is 3.33m...
500k monthly salary for 1 year is 6m.
you will have excess of 2m at the end of the year to invest in other sources of income.

emmaodet:


There are a sizeable middle class in Nigeria.

Any household earning $1,000 equivalent in Nigeria is in the middle class. Middle middle class.
Aside the 3 big cities in Nigeria - Lagos, PH, Abuja, any household of 500k per month is middle class on other towns and cities.
My area as an example, average decent 3 bedroom goes for 300-400k.
Average good primary school is 50k per term upward, land is 1.5m upward.
So a household of 6m per year should be able to manage their life very well.
To the best of my knowledge, the bulk of Nigeria's middle class are in the informal sector and not formal.
The percentage of salary earners earning 500k and above won't be more than 100k people max cutting across all sectors - oil and gas, maritime, aviation, IT, telecommunications, banking etc

CLASSMAN:
A lot of middle class are leaving the country in droves already.

Nice2023:


I used to earn 48k and today,I earn times 64 of it per month.

U can if only u can take premium risks