₦airaland Forum

Manculated:
And $10,000 was N150,000 in the year 2005.

I still remember vividly then.

higgs:
In 2013 or 2014,10k USD was 3.6 million naira,today it is more that 16 million naira.
God help us.

Sublimesuccess:
Hmmm

That was when my father bought a brand new car for less than #4000. So the annual salary of the president then would buy almost 13 of such cars. Imagine selling that car for 8 million naira in our own time and a modern day president can afford to buy 13 such cars with his BASIC SALARY of 104 million naira. There was corruption then as well.

Even the cover price of the newspaper should tell you something. That newspaper cost 15k then, now it is #300. If you divide #50000 by 15k, it's the same result you get by dividing #100 million by #300, the current price of the newspaper, and I don't even think the official salary of the modern day president is up to #100 million. For the president nowadays to buy the same number of newspapers the annual salary of the president then could buy, he must earn #100 million annually. Let's be relative with the way we think.

Likewise I saw people thinking that the man selling roasted corn in London had struck gold by selling one for £1. Converting the money into naira is a fairy tale. A bottle of coke there is about £2. Imagine selling one cob of corn for £1 and buying a bottle of coke for £2! It's like garbage in, garbage out.

Based on the values copied from Wikipedia below,in 1979, $1=60k, therefore #50,000 then in 1979=$83333.
Let's convert the $83333 back to naira in 2024 when $1=#1235 based on the table, $83333=#103 million. So #50000 then and #103 million today are equal!!! Cutting it down further, #5 in 1979 and #10000 today have the same purchasing strength.

Sublimesuccess:
Hmmm

That was when my father bought a brand new car for less than #4000. So the annual salary of the president then would buy almost 13 of such cars. Imagine selling that car for 8 million naira in our own time and a modern day president can afford to buy 13 such cars with his BASIC SALARY of 104 million naira. There was corruption then as well.

Even the cover price of the newspaper should tell you something. That newspaper cost 15k then, now it is #300. If you divide #50000 by 15k, it's the same result you get by dividing #100 million by #300, the current price of the newspaper, and I don't even think the official salary of the modern day president is up to #100 million. For the president nowadays to buy the same number of newspapers the annual salary of the president then could buy, he must earn #100 million annually. Let's be relative with the way we think.

Likewise I saw people thinking that the man selling roasted corn in London had struck gold by selling one for £1. Converting the money into naira is a fairy tale. A bottle of coke there is about £2. Imagine selling one cob of corn for £1 and buying a bottle of coke for £2! It's like garbage in, garbage out.

Based on the values copied from Wikipedia below,in 1979, $1=60k, therefore #50,000 then in 1979=$83333.
Let's convert the $83333 back to naira in 2024 when $1=#1235 based on the table, $83333=#103 million. So #50000 then and #103 million today are equal!!! Cutting it down further, #5 in 1979 and #10000 today have the same purchasing strength.

Nuheights:
I heard Shaibu attended Oshiomole's Inauguration at Abuja. So problem started between him and his boss. But sincerely, doesn't everyone have right of association?

gmo10:
Way to go

Modified

I am just wondering if it is possible for Joe Ajaero, who openly aligned with Peter Obi, to be politically neutral and act in the national interest. This protest and nationwide strike he has called for looks like a political stunt, especially considering that the current government has agreed to increase the minimum wage and that all major presidential candidates, except Kwankwaso, agreed that they would remove fuel subsidies. Including Peter Obi, who said they would go IMMEDIATELY.

This strike is unnecessary and very ill-timed, more so when Nigeria is facing a crisis in Niger Republic that could spill over into Nigeria and destabilise our economy and political institutions.

I may not support President Tinubu, but the palliatives and measures he announced two days ago were far-reaching and should have caused Labour and Ajaero to pause. But it didn't. What is their agenda? This is about Nigeria, and it is time for us to be patriotic and do what is in the country's best interest, no matter who is President. I am not sure that Ajaero would take this action if his friend, Peter Obi, were President.

What exactly does Joe Ajaero want? Even his own home state of Imo has introduced palliatives.

Should Nigeria continue to spend more on fuel subsidies than she spends on education, health, and housing? How is that economically viable?

And can Mr Ajaero explain why the pump fuel price in neighbouring Benin Republic went up as soon as Nigeria ended fuel subsidies?

Nobody should take us backwards to a Buhari era where we were borrowing to pay for fuel subsidies and tripled our foreign debt with nothing to show for it. Fuel subsidies must go, whether this present NLC likes it or not.

Prechgold1180:
So wetyn u come want make we do


What best defines a simp.
Op know this and know peace
The father of that child is still banging your wife till date

olukaygold:
Pls don't derail my thread... This thread for People to Learn. I can't be explaining myself up and down everytime. If you found it difficult to believe me,then try me by giving me the contract.

Faber:
Even Namadi Sambo, was a governor when he was picked to Vice GEJ at the demise of Yar'Adua. I know is not a disqualifying factor.

These cases are different from the one at hand. Right now, Atiku's presidential bid is still a gamble, anything can happen and he will loose. By then Philip Shuabu will be sworn in as Governor of Edo State, will he vacate the seat for Obaseki.
GEJ have already been sworn in so Namadi Sambo knows that the position is sure for him. Obaseki go leave his hard earned second term go enter Presidential gamble with Atiku...
It's not happening even in a nolloywood movie , it won't happen.

Buharifan:
They SCAMMED you big time

ashawopikin:
almost 46million, he's doing well

Loewe:
Osimhen mhen!!!

But Napoli is really gaining from this dude. I hope the value of the contract is worth it. They didn't even allow the guy fully recover from his facial injury. Na wa ooo.

lugado:
Pls which country oooooo

seguno2:
Working because of glossy pictures of infrastructure, or because he has done the basics of governance in water, education, healthcare, roads and jobs to reduce insecurity and crime

BlaqJosh:
naija girls of this generation no fit wait like this before marriage.


Them go just Marry who is ready and still love the ex they left which she will eventually be cheat with.....

Mstick:
Almost 30 years of marriage and your Mom doesn't know how to work around your dad?

Weird.

Rugaria:
But why are they all divorcing him Inspite of his riches and privileged position in the society?nis he that terrible a character? He laughs and talk kindly but it seems he's a terrible human being. I mean how many wives have gone now? 3 or 4? And he's still young! Haba na

babasolution:
Here 35years old are doing BMC and swagga for ancestors,Nigerians deserve no pity

NwaNimo1:
Tambuwal rocking 'bullet proof' vest.....

[img]https://media1./images/8449c89b2a5a67af4d98b99a8e403eee/tenor.gif?itemid=21379361[/img]

This Buhari's legs are swollen....Tambuwal seems to have noticed.

https://cdn08.allafrica.com/download/pic/main/main/csiid/00571924:3f05f8f79262fb5845224085e56083ce:arc614x376:w855:us1.jpg


...his ear don change again?

Seun360:
Sade is British

Oddfinder:
Wizzy just made Tems a Grammy award winner damn.
Tems the first ever Nigerian female Grammy award nominee....babanla himself

nzeobi:
Exposure is better than some paper qualifications.
Education is meant to reform but the mentality of some so called graduates in Nigeria shows that paper qualifications should never be a deciding factor in certain issues

Timoleon:
What is big about the club structure?

brosom:
3047608875
First bank.

Na ur fellow man dey talk,
Anything bro I no go block u .