₦airaland Forum

TemporaryHansel:
small action bitters bottle for 1,300? Are you sure you they didn’t cheat you?

Scam me keh? Something wey I buy for jedi joint.

I go drink jedi and I had to buy action bitters for dem egbon I met there cos we begin talk about Naija matters and general discussion.

Ihebu4chelsea:
Suicide is never an option! Action bitter and ballamour still dhe!!

All those ones sef Don dey expensive na. I still buy that action bitters small bottle for some Ẹ̀gbọ́n recently. I think it was 1,300. Something wey be say the big bottle na like N1,200 before.

Dem don dey sell black bullet for N1,200 at normal retail shops 🤦‍♂️..... Something that was sold for N250 in 2015.

Even trophy beer that uses to be one of the cheapest is now N600/N650 at normal local bar

No wonder suicide is on the rise; alcohol wey people dey use carry their mind commot their problems sef Don dey unaffordable again

Odunharry:
I know people who pay around 350-500 for 2nd around that area.

That's pre-Tunubu administration rent u are quoting right there . Do u know how many landlords have increased rent by 100% this 2024 ?

U can know someone who paid 400k for 2 bedroom in those areas as at January 2023 , but have u asked the person how much he paid January 2024?

The discussion is centered around the current happenings , not historical data that has been overridden by a lot of things that has happened in the last 1 year

Itsrm:
I heard most companies mark up their procurement with a 300 naira premium just to guard against devaluation. Like as dollar is around 1500 now, they wiill record it as 1800 in their books. The real shege will start when new products hit the market.

People are not ready yet for what's coming if things keep going this way. Most of the hike in prices of imported and locally manufactured goods we are still dealing with are increment on goods traders already have in stock . By the time the traders restock prices will jump further higher .

Itsrm:
Na the koko gan be that. I remember DSTV compact was N5,000 in 2015 and with it, I could watch all premier league matches. I think they even used to have a subscription of 1500 at the time.

Now I'm forced to pay 19,800 to watch the same thing I was watching with 5k and with the devaluation of the currency, only God knows what they have in store for us.

The devaluation has affected a lot of things that people are not even talking about.

Early this week I worked on a procurement which we processed this same time last year when we overvalued the dollar at N700/1$ (out of our own volition ) .

That same transaction we had to value at N1500/1$ out of necessity now.

I had to do analysis/shalaye in the mail to the oyinbo oga that was going to approve it for him to see that the dollar value remains the same but na naira don pafuka shoot the price up to an increase of 114% of what it was last year in naira .

I fear people will lose jobs in the private sector in the coming months ; especially in companies where they don’t really have a working organized union . Promoters of companies will explore retrenchment as means of staying afloat . A lot of companies will even default on credit facilities ; banks’ business recovery units go tire sef

Jodera:
Lol... I'm talking middle class here.

I grew up going to pry sch in the early 2000s and I'll grade my parents(esp my dad as a little above middle class) and the pry school I went to is a Catholic school in Abuja. The school fees is high wrt the other schools my peers were going (as at 12k when I graduated in pry sch and other schools as at then ranges between 4-7k) yet I don't take snacks to school. The only people bringing snacks alongside food were the very rich kids and you can easily spot them. I dunno about now but even my uncle that sends his kids too doesn't add snacks to it and no, it's not a public school.

It's all about instilling it sha. If our parents hear that we beg or look person food longingly, we don die for house that day. And God bless you first let you steal.

Well, everyone with the way they view things sha cos we were actually taught that taking snacks alongside food is luxury. And funny enough, every of my siblings and uncles are following that approach. It's a big reason I found it surprising hearing it here, I never knew it's now normalised.

As for the TV part, I still see smart TV as luxury. Most average/middle class families I know of, only few uses smart TV. Most na all these wall mounted plasma TV. It can be wide too. Shey no be just to watch TV and dstv mostly ni

I attended primary school in an area that’s not even considered urban in Lagos state yet almost all the kids came to school with snacks . Those who don’t come with snacks either come with cash to buy during break time or beg from others .

My parents do not believe in handing a minor cash for whatever reason , so we go to school with our own snack from home coupled with lunch . To me that’s not in any way luxury . Even when I serve for a federal government owned boarding secondary school , the students there could still afford snacks like fish roll, egg roll, wara and the likes despite having their lunch covered by their boarding fees .

So I find it strange that u see snacking as luxury .

As regards Smart TV , I still don’t understand why u see it as luxury sha . In fact I see it as if u are saying using a Windows 10 PC is luxury in 2024 when there’s windows 7 or Windows XP.

Iamoyindamola comman see my MCM portable in London 😂

https://www.instagram.com/reel/C3ITdx3t8T5/?igsh=MnhpeXpjeTdkbDdn

Theflint1:
These guys are prepared to send us to Nigeria of 2003 just to advance this live within your budget narrative. LCD TVs have been pretty normal since like 2008 and almost 20 years later it's still supposed to be seen as a staple.

Nigerians get long-suffering ability sha.

Itsrm:
I think the state of the economy is now making us see basic things as luxury. Cooking with gas will soon be luxury. People will be advised to cook with firewood

Aswear !

Me wey do my childhood in the late 90’s / early 2000’s I dey take snack and food to school and my parents no even get money . Imagine now having to tell my child today that snack is luxury 🤦‍♂️

APC do this one !

Itsrm:
They told me in my sons school he was always looking at his classmates when they munch their snacks and advised we also buy for him.

I had no choice. Is it really luxury? What alternative do I have. Tell him not to look at them when they eat?

Don’t mind Jodera . As if we all didn’t have classmates whose are known for begging . As a parent u definitely won’t want ur child to be in such position and u will do everything possible to make not develop such bad habits .

It’s not even about luxury .

Jodera:
The bolded, I see it as something new gen z upbringing sha. In our family we don't do it and even while growing up, I nor my siblings weren't exposed to such sha and we didn't see any big deal in that. But no matter how we want to look at it, it's still luxury. It's just one of those luxury instilled as necessity by most parents. Just as some people can't do without having/subbing DStv in their home because they think it's necessity.

As for the others, aside personal surfing which I use on my phone, most of the others is just once in a while and it's not most families that have this home internet sef. Average Nigerian family man doesn't have smile or swift at home in this our obodo naija. As for Smart TV... Lol, that's really luxury. Except one have it before cos he's once Rich, what would make a family man earning like let's say 200k have smart TV when he can buy normal wall Lcd TV?

Na egbons full here oo

I believe we are talking about a middle-class family and not an extremely poor family na. Smart TV was still around N350k before Buhari left. That is not expensive, even civil servants can afford to get them via membership of co-operative societies. If someone earning 600k cannot use Smart Tv, then who can afford it then?

As regards the snack, u would not want ur child to beg other kids because u are being principled or frugal. Snacking is something almost every kid does. U can't just go zero on snacking if u don't want ur child to be begging other kids or worse still, steal from others. Na ur pikin teacher sef go advise u to try dey give the pikin if at all bobo and coaster biscuit make other pikin for rest

Theflint1:
By family data I mean data you spend on your phone, plus the one your wife spends, abi no be data you use dey Nairaland now?

I think people deliberately set their mind to misunderstand u and misconstrue/misinterpret some of those things.

iamoyindamola:
For a family of how many again

At least a family of four(father, mother and 2 kids)

iamoyindamola:
That's why i didn't have issues with the black tax because that's purely confidential
IMO 15k is way too small, dstv is never a value for money

That's why I was asking for other luxurious items on the list cos if we knock off the N14k for DSTV we all agreed as luxury, we can always add it to the N15k black tax to make N30k (if we add extra 1k to it).

So to a large extent his list is still reasonable.

Theflint1:
37,500 per month.

Tey keep saying the things there are luxury and I'm struggling to see how it's luxury. Jodera say instead of DSTV/GoTV, make d papa dey download film instead...no be money for data be that, or maybe na those 360p videos wey na only phone you fit see wetin dey go on...or maybe office data. There's ways around some of these things sha, or maybe the kids just don't watch TV, and you go for fairly used books and old newspapers as form of entertainment...maybe.

Nobody has really been able to prove anything on the list is luxury aside DSTV. Even the DSTV, if u are a football lover u may end up spending so much data in a month on streaming matches & downloading videos than u will actually spend if u sub DSTV

Jodera:
If you're giving Kids base foods to take to school, why still giving them snacks??
I still feel it's a luxury for the kids to be honest.
I see some kids bring that to school (food plus snacks) and one thing I know is common while growing up, they were very Rich family kids


Family Data? What does that mean.?

If it's mobile internet family subscription. That's the first time I'm hearing it too.

If a child is old enough to have a phone, then he's old enough to save at least to sub for his own data.

All these things to me a expenses for Rich families that are really luxury. Necessities aren't all these things na.

Only rich kids take snacks to school ? I don't agree o; even kids who attend public schools still take bobo juice and biscuit to school along with their lunch. If u don't a child snack do u want him to beg from his mates?

mobile internet means the normal data u subscribe to like Smile, Ntel, swift and the likes which u make use of anytime u are at home. U use for ur Smart TV, office work u brought home or personal surfing of the internet. Except u are saying u don't owe urself internet connectivity while in ur own home.

Please point out more luxuries in the list

iamoyindamola:
In the list it wasn't stated that way
That's why i didn't talk about rent
All in all spending 600k is based on choice not necessity because if you don't have the 600k you will still survive and everyone will adapt

What he did in the list is make provisions towards each expenses on a monthly basis irrespective of whether u pay it monthly, quarterly or annually.

I noticed u have issues about the DSTV , but u didn't say anything about the black tax. Do u think it's fair to send just N15k to one's parent out of N600k ?

iamoyindamola:
Yes i checked them
But some of these things are not monthly but quarterly
If you buy cloths this month will you buy next month?
if you get bag of rice this monthly will it finish next month?
Same with school fees

If u are a man who goes to work, u are expected to buy at least one shirt a month. Buying 12 shirts in 12 calender months is not in any way a luxury.

The school fees u pay every 3 to 4 months (a term is 3 months) so if ur child attends a school where they pay 150k per term, u definitely need to budget 50k per month.

For the bag of rice, nobody expects u to buy bags of rice monthy cos it's not just rice u will be eating; u will need to buy yam, beans, spaghetti, Noodles, Palm oil, groundnut oil, meat, fish, etc. U will also need to buy toiletries, gas and other sundry items

Jodera:
I still feel some are not necessary (personally my opinion). There are some luxuries some people might see as necessity.

What is one doing with DStv compact if it'll have strain on your budget for example?

That's luxury if you ask me

Yeah, I agree DSTV is luxury.

What other luxuries do u think are on the list for someone who lives in an expensive major city?

iamoyindamola:
Which one is black tax

The money u give to ur father, mother, brother,sister, uncle, aunty or anybody that u are responsible for their upkeep by virtue of being an Africa raised child

iamoyindamola:
Unless you womanise and drink
Why 600 no go reach still trying to understand what we are buying sha
The only time i exceeded such figures was when i was still buying cds for ps4

Just go through that that list in few pages back and see if most of the things stated there are not necessary or not. It's not just about looking at the money as a whole sum. Look at the breakdown.

iamoyindamola:
Humbly listening to rich men here that 600k no fit reach for a month

Omo too many odogwu for here
i hail oo

Apart from prospa, I don't think anybody else said 600k no fit reach for a month.

What most people are saying is that with prices of things going up, such individual will begin to struggle to adjust

If there's no law to checkmate conflict of interest in Nigeria's judiciary, I'm afraid our justice system will continue to suffer.

Almost all the judges at the supreme court and appeal court level have one or more relatives at the lower courts whom they either influence their promotion or need the help of the executives(governors) to appoint. This puts places them in very compromising position and always affects their judgement.

Just look at the CJN, look the Odilis, look at this Dongbam-Mensem and others like them.

Emaprince:
If they person is living in surulere, yaba,ekki etc, he has to relocate his familly to ikorodu to be able to pay that 65k rent. In surulere, you'll be talking about over 100k per month for a 2bed flat. Lol. Or he will move from 2bed to a miniflat. And this proves Izzous point of cutting your coat...and equally proves prospers point of stepping down because the money isn't enough to afford the things you use to have before.

With the price of clothes today, one polo or Jean don collect that 20k o. Lmao.

Infact with the prices you listed, e go tough to afford them at those prices, judging by what's obtainable in the market.

Na katangua "bend-down-select" the family go dey wear be that o. Because for real it will be difficult for a man with two kids and wife to spend 20k on clothing.

I think if the man earns 600k and the wife brings home an income of at least 250k to 300k the family will live comfortably well.

GloriousGbola:
700 - 800kk would get you half a semi detached flat in 2013. I don't know what 700k will get you in 2024

That amount will get u decent 2 bedroom flat with nice finishing in places like Ikorodu , Egbeda , Ayobo , Abule Egba , etc.

But then , that motor wey Izzou say the man no need , he go definitely need am to be commuting . And na fuel e go dey chop sef so Theflint1 go still need increase the fuel budget

Itsrm:
Exactly the point

Prospa seems to be looking at it from the viewpoint of the bolded and he's right.

It's not just the only viewpoint.

Na why I talk say the two of them na “I no go gree experts” .

Amigoss:
Perhaps the calculation no be be for first borns because your siblings, go bill you too then maybe inlaws....

Even if u say ur siblings’ responsibilities are not urs ; u go sha give ur parents money for their upkeep . If either of the parents have an underlining condition like high blood sugar or high blood pressure , dem go need to dey buy drugs to manage it o.

Most of the items on Theflint1 list are actually very reasonable and modest , but that black tax wey he put 15k no be for a typical African who is expected to take care of his elderly parents

Itsrm:
600k might not be enough to sustain the lifestyle of someone who was earning it before, but it's okay to sustain the life style of someone earning 50k before which is where Izzous point comes in. You see it's not absolute.

Look at the breakdown Theflint1 just posted. It's truly not a lot or money in today's Nigeria but its just enough to bet by.

This is a fair view of the matter . For someone who has been earning 600k before subsidy was removed and dollar floated , he will struggle to adjust to the new reality.

However for someone that has never earned close to that region of income before , if he starts earning 600k today he will be more than happy to even add more expenses instead of cutting down on his expenses .

liveLongNprospa:
Lmao.. The fuel for family car, I'm guessing it's a jeep but let's assume it's a car that 30k can fill the tank so a small economy vehicle. Likely a kia😁

How many times in a month are they filling the tank? 😁? Let's start from there.

And also where the car travels to. If papa dey work for V.I or Lekki and he drives the vehicle to work daily, there's no way N60k will be enough to fuel it for the whole month

That Black tax of N15k must be for someone who is an orphan with no surviving hanger-ons from his family. Because person wey get papa and mama wey send am go school no go dey send them N15k out of N600k salary o. Except he no get conscience.

afrodoc2:
How I wish the Super Eagles can embrace this no gree for anybody mantra until the very end.

I wish so too o, especially now that we will be playing against 13 men(inclusive of the fans and the match officals)

Itsrm:

The two of them wan use semantics wounjure each other.

Funny enough they are both right; it's just that each person is attacking the other party's point from an extreme point of view.