davodyguy:

Since Atiku scored more than Obi. Did Atiku also rig the election?

Atiku did not score more than Obi.

Obi won the election with Atiku as runner-up.

Goodnewsforlife:
keep quiet oga u ain’t talking to a kid

That bread was 750 as at Jonathan regime cos I remember it’s my fathers favorite n anytime I enter shop rite I dey buy am for my dad in a steady

U guys should just calm down

Picture of the bread being sold at 750 during Jonathan time or you are lying to yourself

That's more than $2400 in 1975.

Ofunaofu:



Picture of the bread being sold at 750 during Jonathan time or you are lying to yourself

how much was shoprite bread during Jonathan regime?

stagger:


God will punish Kalu Idika Kalu and Chu SP Okongwu. They brought this shit upon us.

Kalu Idika Kalu as the minister of budget and national planning
Olu Falae as the sgf
Chu SP Okogwu as the minister of finance.

These are the 3 apostle of naira devaluation under Babangida regime.
The tree 🌳 of the seeds they planted by their shortsighted economic policy is what has germinated andits giving us bad fruits till today.

Unfortunately, there have not be any chance of getting a better government to help uproot this bad tree.

seborrhic:

You people compare prices over the years like illiterates.
What was the salary in 1975?

my mum was earning 300 plus naira.

jazzman7711:
In 1975, minimum wage was like 80 naira a month, so that Peugeot you are looking at was beyond the reach of average Nigerians.

Back then things were hard, and food was costly, especially meat.

Back then we ate one or two small pieces of meat with the rice. Nothing like ‘assorted’ back then.

Also people who bought 504 did so with loans from the office that had to be paid back

Goodnewsforlife:
how much was shoprite bread during Jonathan regime?

Just a simple evidence showing that the bread was sold at that price during Jonathan regime and we won't be here arguing

Nomyth:
Thats a lie!!!

Peugeot 504 was never at any time sold for N1,500.

The starting price of a VW beetle around that time was N4,000.

Nope. The figure is right.

A beetle then was about 500 naira.

A bottle of maltina was around 75 kobo. Bread was around 50.kobo.

Salary of a lecturer in 1981 was 250.naira monthly.

If the Peugeot was sold for 1500 in 1975, Then how much was the Beetle sold?

Hmmmm

Goodnewsforlife:
how much was the car sold during Jonathan regime?

I guess it was also sold for 1500 cos u are saying it now as if it was sold for 1500 in 2014

Yoruba people too get sense. But even among them dwell the most foolish Nigerians. This person is a typical example.

KosiGee:


How much was that loaf of bread in 1975??

In 1978 it was 50 kobo

plaetton:

You got it all wrong mate.
In 1975 , a senior civil servant could actually buy a car, build a bungalow, train all his children and even relatives in the university on his salary.
That's the real comparison of how Nigeria has been gradually raped and pillaged by rapacious leaders.

Most of the time, the cars were bought with loans advanced through the office.

Also , not only have we had bad leaders , but leaders who won't make us an exporter of manufactured goods, which is why the naira has fallen all these years

Corrections:
That is the power of CORRUPTION!!!!

It turns GOLD to SHIT!!!!!

That Is how far Nigerian leaders (irrespective of party) have dealt with Nigeria.

How much more damage will these wicked leaders commit before the citizens will start growing sense?

They were corrupt back then

jazzman7711:
In 1975, minimum wage was like 80 naira a month, so that Peugeot you are looking at was beyond the reach of average Nigerians.

Back then things were hard, and food was costly, especially meat.

Back then we ate one or two small pieces of meat with the rice. Nothing like ‘assorted’ back then.

Then, my uncle who was a cassava and yam farmer had one of these 504 and 404 pick up, brand new. But now, how many cassava and yam farmer can afford this.

Bayajjidda:


There they go again...
Let me answer your question. The car was not on sale during Jonathan's regime. And the price of that bread is around N200. Lets compare the price of what price of other things: eg. a bag Rice during Jonathan's regime is N7,000, today the price of a bag of rice is over N90,000

Compare gej regime to 1975 and you would be saying pdp.wrecked Nigeria.

The problem is the naira and the economy has been on a free fall for decades because we hooked our economy to the price of crude oil.

Gej and all our leaders are not good. Tinubu especially.

What we are seeing now took decades.

Goodnewsforlife:
how much was the car sold during Jonathan regime?

I guess it was also sold for 1500 cos u are saying it now as if it was sold for 1500 in 2014

Are you minding the mumu? It was 300 naira during goodluck

gotnel:
The devaluation started with Babangida SFEM policy.
Second tier Foreign Exchange Market.
Yes.
There was a gradual devaluation before Babangida jargon of economics policy, but the real point of no return started with sfem.
My father bought a Peugeot 505GL at the cost of #6,000 ( six thousand naira only) in the year 1985.
Bought a Bedford lorry 5 tons at the cost of #11,000 the same year.
I can categorically remember my father and his friends saying that the vehicles are now costlier than they expected.
Now in Nigeria,what can we do with any amount up to 999,000 naira?
I just believed that life was much more easier then.
Hope is not lost
Life continues
Work hard
Try to meet up
God bless our hustling

The devaluation happened because we were running out of cash to buffer the naira.

Oil prices had crashed in 1982, and things were bad by 1985. Something had to be done.

jazzman7711:


I actually cross-checked, and the minimum wage in Nigeria was 60 naira in 1975.

https://www.google.com/search?sca_esv=21105454922e231e&rlz=1CDGOYI_enGB1064GB1071&hl=en-GB&sxsrf=ACQVn08At-xjP-VLvfgv3jktgzXsWvcBGg:1710330930394&q=Nigerian+minimum+wage+in+1975+per+month&sa=X&ved=2ahUKEwjWtbecl_GEAxWHQ0EAHacdA9cQ1QJ6BAgxEAI&biw=375&bih=553&dpr=2


Also, that Peugeot 504 was made in Nigeria.

That’s why it cost only 1,500 naira.

Innoson’s cheapest car cost around 7 million naira, so your 30 million naira figure for a brand new car is wrong and dishonest.

You need to apologise to forumers for your disinformation.

https://www.tekedia.com/innoson-vehicle-motors-brand-photos-with-prices/

Oga there is no innoson salon car for 7 million that's less than $5k ? Let's get real na
That was last year price not even sure that rice applied to last year

The cheapest salon last year was 12.3 million

Which means it's now minimum of 25 million

Let's say it's 20 million

It would still take u 55years on minimum wage to afford it

Even if minimum wage was 60 naira

It would still take u 2 years one month to buy it

What's exactly is your problem

Goodnewsforlife:
keep quiet oga u ain’t talking to a kid

That bread was 750 as at Jonathan regime cos I remember it’s my fathers favorite n anytime I enter shop rite I dey buy am for my dad in a steady

U guys should just calm down

The same bread was 50 kobo in 1978 , 200 in 1998, therefore Jona failed.

stagger:


That was then. Pre-1982. Life was too good.
We started feeling the pinch from 1982. By 1986/87, the changes in our family finances for the worse became evident.

1982 was when the price of oil crashed,leading to serious economic issues for the rest of the decade.

Part of the reason why Iraq invaded Kuwait was chronic low oil prices plus 8 years war left a empty treasury. Saddam thought it would be good to raid Kuwait for the cash

eldoradoxx:
In UK and US and major economies, you still can get cars for $1500 0r £1500. These are countries that refused to bow to the things we bow to in Nigeria, ethnic and religious sentiment in choosing our leaders.

UK and USA are manufacturing societies.

Nigeria is not.

Even when they chose leaders you like, all of them refuse to take our economy off oil and onto industries and manufacturing

That's why we have a bad currency

CluelessMODS:

Babangida added salt to injury when he started second tier foreign exchange market SFEM in 1985/1986

It was always there. What happened then was government made it official

tnerro1:
How many Peugeot did your dad buy at 1,500?

Okripoto for you. I have been looking for who to ask that question.

nairalanda1:


It was always there. What happened then was government made it official

Absolutely! 💯

DIVINEEVIDENCE:


Peter Obi clearly won the election but was rigged out by Balablu and his evil gang of Mahmoud Yakubu and the supreme court.

Get well soon.

Una get double mouth. Today he was rigged out,tomorrow Yoruba and hausa voted for the rubbish.

Goodnewsforlife:
how much was the car sold during Jonathan regime?

I guess it was also sold for 1500 cos u are saying it now as if it was sold for 1500 in 2014

Gereout

KosiGee:


How much was that loaf of bread in 1975??

Biggest loaf of bread was just 20kobo. which way naija

eldoradoxx:
In UK and US and major economies, you still can get cars for $1500 0r £1500. These are countries that refused to bow to the things we bow to in Nigeria, ethnic and religious sentiment in choosing our leaders.

Lmao 🤣😂🤣😂 those cars at $1500 some years back cost about $1000 I don't know what part of the world you are living but you can check car auction in the US. And a lot of factors determine the price of car in the US for example: milage, year, the condition of the car, the title ( salvage or clean)
I bought my VW Passat 2014 model 3 years ago for $4,500 today it is about $6,000.
You people should stop deceiving yourselves. Every country faces inflation.

Katobest4us:


Gereout

Nothing reasonable to say! All they do is to troll the man in power, no facts no figures.