₦airaland Forum

Theflint1:
Oya post numbers, will make things easy to comprehend, it's not impossible to live on 200k or some other lower income, but na very spartan lifestyle e go gats be. I'm talking in Lagos...reason am, for those Jonathan era, na like 200k men dey use run family...8 years later and the price of everything almost quadrupled, it's not out of place for 600k not to cut it. No be even big man matter sef, Naija don spoil.

[color=royalblue]You are assuming a lot, my friend.

I have not said anything about 8 years later, or whether na E-money lifestyle the person go live.

I said depending on how you cut your coat, 600k will take care of you well. You have agreed.

So what is all these drop numbers, location, data and food expenses?

I have a friend who drives Uber and lives in Sangotedo with 3 kids. I am absolutely sure he doesn't earn 600k a month, but they are okay.

Cut your coat and 600k will take care of you well.

Abi all your neighbours dey earn 2 million per month?[/color]

GloriousGbola:
How much is warm stout? Make we save small money.

[color=royalblue]It is 800 in my area, but with the calibre of Men here, it should be between 2k to 3k.[/color]

raumdeuter:
It depends on your lifestyle, the amount you claim is not enough, Some family survive on less than half of it in a month
Only that they wont enjoy the luxury you enjoy

Even the 600K some people finish it in a day

[color=royalblue]Na laugh i don dey laugh since

At some point, I see them making my point for me. In another way, they create bogus realities to counter it.

I have not said it is the ideal amount for luxury.

I simply said 600k can take care of you depending on how you cut your coat.

Which one come be rent for Surulere, 80k fuel, Data of 50k is not enough, blah blah blah.?

Maybe every single person driving a 2003 Corolla is earning 950 to 1.5 million monthly....Just maybe.

Big men full this thread, I tell you[/color]

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

[color=royalblue]So 700k cannot get me a 2 bedroom in Igando, Ikotun, Alimosho, Iyana Ipaja, Egbeda, Shasha

It has to be Ikorodu abi?

Let that guy keep dropping Lamba [/color]

liveLongNprospa:
So how much do you think you'll spend on fuel when you factor in the traffic?

[color=royalblue]80,000 a day or two days.

That should be fair[/color]

[color=royalblue]700k will get you a 2 bedroom in Ikorodu, or deep inside Amuwo



Let me learn![/color]

[color=royalblue]Online reality sweet well well.

Checking it now, 6 million is actually enough for a proper family person.

Not much, but it is okay[/color]

liveLongNprospa:
Ask him the bills and the fact he had to specify a 2003 corolla😁

[color=royalblue]Is that not the COAT i was talking about?

Did i say he should drive a BMW X5 series?
[/color]

liveLongNprospa:
You were the one who mentioned me being surrounded by rich people to justify your argument.
Coz I don't know how you think 600k is alot of money for a family man because you have families who are surviving on less.

[color=royalblue]You said the reality was based on poverty.

So a man not driving a car is poor....According to you.

If you can have this mindset, then just tell us the zeros in your bank account[/color]

liveLongNprospa:
Which is my point.
I specified that a family man will have difficulties with 600k monthly and gave examples of the increase of things.

I was very specific to a family person.
Not a single person.

[color=royalblue]See what a known family man here typed.

This is a poverty reality abi?[/color]

Itsrm:
For married people with kids, if you mean just paying bills and driving a 2003 corolla, then 600k monthly will be just enough.

If you have to save for the rainy day, take flight when you need to travel, go on vacation with the family and lodge in hotels, you're on your own.

liveLongNprospa:
There are people surviving with 120k salary.
So when someone who earns 200k complains, does it mean they are not cutting their coat according to their size?

[color=royalblue]Did anybody ask you how much you are earning?

The question was whether people can survive with 600k, and the answer was yes; DEPENDING ON HOW YOU CUT YOUR COAT.

Instead of you to cut the coat, you started adding other lengths of material to it.[/color]

GrammarNazi1:
Surprisingly, both of you are correct to an extent.

None of you, however, wants to understand that.

This is the danger in certain discussions.

What is more perplexing is not even whether 600k, for example, is enough for a person or not, it is whether the constant price increase will ever stop.

[color=royalblue]The discussion from the beginning was whether 600k is enough for someone monthly.

And i can remember saying "Depending on how you cut your coat"

It can be enough and it cannot be enough.

What i find funny is how he uses his reality of a family person to conclude. Which one be certification and 40 people begging?

People are surviving with less than 600k a month. That's enough proof to argue against[/color]

liveLongNprospa:
Then don't claim 600k will take care of you well when your reality is limited to poverty.

[color=royalblue]What is poor about what i wrote?

So a man not driving a car is poor?
Or a man that doesn't want a certification?
Or a man that decides to use his gen for 4 hours?

See as you dey expose your gross ignorance.

If you are rich, stay there and don't come and rub your realities and expectations on people who are doing okay.

Still thinking of how you added 40 people begging as a responsibility..SMH

[/color]

liveLongNprospa:
That's your reality.
It's different from a family person's reality.

[color=royalblue]And so your long list is the reality of a family person?

Lol

Your circle is full of the rich, and it is not a bad thing.

Millions of family persons are not earning 600k monthly and they are not begging for bread.

So, no need to dey draw realities. It is already evident and possible around you[/color]

liveLongNprospa:
This is not about cutting your coat.
More people have gone under.
Things are alot more expensive.
Which means your spending has gone up and your purchasing power has been cut badly.
The amount you spent to fix a car in 2022 isn't the same you spend today.
The amount your spent on fuel in January 2023 is almost 300% more now just price. The volume you consume has increased because of terrible power supply and even poor quality petrol that burns off faster.
The money you spent on food in 2022 is alot more now.
School fees has gone up alot more.
The things you buy for the house that are necessities are now 3 times more expensive.
Should I talk about the cost of medication?

Now let's talk about the parents you support, do you reduce the money or increase it with the price of things?
There's a surge in poverty meaning if 20 people were begging you in 2022, 40 people are probably begging you now.
Lets now face personal development if you are a career person.
How much is the cost of certifications now compared to last year? Probably 2 times or 3 times depending on if it's a UK or US certification.

Like I said, 600k is not much if you are a proper family person

[color=royalblue]I don't want to have a car.
I will only give 1 person begging me money every month
I don't want to have any certifications
I will use my gen from 7pm to 10 pm everyday.

Oya rephrase this fantasy and tell me 600k is still not enough.

40 people are begging me automatically means i will be catering for 40 people abi?

As per USAID wey i be? [/color]

liveLongNprospa:
Lmao.. As a single person, yes.

As a family person especially with black tax.
How much car fixing and fueling dey collect each month?
How much be the new rent you dey pay?
How much be the new price of food?
Imagine you come get new baby nko.
How much to run the house Daily?
The help you'll render to people nko?
What about unforeseen billings in a month?

600k nor big Bros. Nor worry😂

[color=royalblue]I have not said 600k is big, but if you cut your coat according to the size of today's economic realities, you will be more than fine.

So you wan tell me say all the family men in Lagos and Nigeria are spending above 600k monthly?

If you want to chill as an Odogwu and Game changer, 600k no reach.

If you adjust to the Renewed Nigeria, 600k is enough for you.[/color]

Itsrm:
For married people with kids, if you mean just paying bills and driving a 2003 corolla, then 600k monthly will be just enough.

If you have to save for the rainy day, take flight when you need to travel, go on vacation with the family and lodge in hotels, you're on your own.

[color=royalblue]Exactly.

With 600k and resizing your coat, you would be fine. [/color]

Itsrm:
The main problem is this. CBN is still not allowing us convert Naira to Dollar at the bank. So what happens when people need dollar for importation? They go to the black market.

I just pray this thing does not backfire. If not, we will soon see N2500 to a dollar.

[color=royalblue]I don't even understand why this basic statement seems bogus.

You cannot buy dollar from bank, and Paul Jing will not collect Naira from you in Guangzhou; Either dollar or Yuan.

The rate at which black market will rise now will be ridiculous. [/color]

Ebukacute:
Yesterday one of my customers nearly curse hell out of me. December 29th I supplied 2.5mm Lagos star cable at the rate of 28k each cable and wired his beer palor for him. Last week ,he called me on phone to supply two more rolls of the cable to him for another job(me wey never see work for days now, see as I happy ),he forwarded 54k to me. As I phone emeka the dealer e come be say 2.5mm cable's current price na 38k each. Something wey he supplied 25k to me just about 6 weeks ago. I freeze!!! God!!. I enter bike go the market dey Waka shop to shop like ashawoo wey dey find customer. e come be say na emeka sell cheap pas sef cos e be like say he never get info say others don dey sell 40k,42k. 2.5mm wey we dey buy 16k early last year oo. Obara Jesus!!! ... Which mouth I wan use tell oga hyginus say cable don add 11k each within the space of 6 weeks. I enter bike dey go house na, comot 5k inside am cook better egusi soup, buy hero beer take quench my vex for tinubu and his supporters. Begin dodge the man call. After two days I call am tell am say I no well na why he never see me abi he go like make I forward the money back make he buy am by himself? He say e better , I send am back. E no reach 5hrs he begin call me, he call me almost 15times😁 I bon am. If u see text message wey this silly man send to me eh😁😁😁😁

Baba this country have gone to the dogs oo... I dey find who go dash me gun make I begin tifff jor, no levels for we the poor. No breath

Senior man up there dey talk say 600k no dey do am a month e plenty wey the survive on 30k or less a month. With kids oo,in-laws, concubines plus house boy/girl

[color=royalblue]You better give Mazi Hyginus him money, or better still, let him know the condition of the market.


Na why i dey laugh at the bolded. Unless you want to chill with the big boys, 600k go take care of you well.
[/color]

Tochex101:
Exactly.....businesses are packing up.
So many people are loosing their jobs daily.
I told my neighbours and friends that I haven't really done any business this year cos this pole dancing exchange rate is keeping me on my toes.........
Everything just get K-leg..

[color=royalblue]I think i sold something tangible twice in January.

Thank God for Ebonyi and PH runs that made me smile well.

Na God hand we dey for this 2024.

The funniest part is there is no sign of the naira coming stronger.
[/color]

Roland17:
How about medications? People are now unable to buy meds to manage their illness. I am not even talking about malaria and typhoid.

I mean people managing the likes of asthma, diabetes (insulin dependent) heart and vital organ related illnesses. It is a sad situation.

[color=royalblue]The rush to remove all subsidies and most especially float the naira was the beginning of our problems

Now, they cannot manage any of the effects.
[/color]

nihilistjnr:
Pure water price is going to go up very shortly. I heard their association is consulting nationally to hike prices due of significant increase in cost of nylon sheets by the mostly Lebanese cartel.

[color=royalblue]Yeah.

Even the quality of nylons these days are so inferior.
[/color]

GrammarNazi1:
In my area, cement is scarce now. Because of the scarcity, the price of a bag of cement has now increased from around #5, 400 to around 7k.

I still cannot think of a reason why cement should be scarce.

I even had to buy 2 of these 3 bags from a neighbour.

[color=royalblue]I think the price of cement is about that 7k range now.

I have read it on NL twice; People saying they bought cement at 7k.

The country don get K-leg, both for buyers and sellers

I travelled to Lagos from PH and i paid 29,100. The bus had like 3 empty seats because there were no passengers and we had to leave.

That's almost 90k revenue lost.[/color]

[color=royalblue]Except maybe dollar, I don't think anyone is hoarding any commodity

People are even scared to buy anything to sell, because of how unstable and expensive everything is.
[/color]

iamoyindamola:
You mean the renewed hope in pdf
About 50 pages🤣🤣

[color=royalblue]Yes oh

I want to know the solution to inflation. The answer is right there[/color]

Itsrm:
Nawa o. Dem dey import feed?

My mum was telling me today a bag of Sugar is now 80k plus. She said it was 27k in 2022. I did a little research and realised we actually import raw sugar. All dangote does is refine

[color=royalblue]It is Nigerian companies that produce it.

But those ones will definitely be importing the raw materials for the feeds.

Layers need to eat to lay eggs. So if you starve them, dem no go lay.
[/color]

OasisX:


......Ooops! I forget na papers dem dey use subsidize fuel o jàre.

Renewed Hope carry go.

[color=royalblue]Yes oh

4+4

Anybody wailing is just a distraction.

Tinubu is fixing the country. [/color]

Itsrm:
The egg con dey very scarce. I don't know if it's just PH. I had to visit a very big supermarket before I was able to get yesterday. All the stores around, not a single one of them had for sale.

Of course, you know what happens when a commodity becomes scarce. Price shoots through the roof.

[color=royalblue]The feeds is fcking expensive now.

That's the reason for the scarcity.

These poultry guys would rather feed Broilers once a day. It's better[/color]

OasisX:
.....which dollars dem take dey pay for subsidy before?! You are proposing reversal of fuel subsidy removal, I guess na Obafemi Awolowo dem go use pay for am bá?!

[color=royalblue]But they don't have dollars naa

Abi you no dey follow wetin dey occur for the country?

You know how many million or billion we go spend?

Abeg, no complicate matters for Tinubu[/color]

Ibime:
Well, relative to the size of population, there isn't

Political parties distribute more than this in a single LGA at election time

[color=royalblue]You sure?

100,000 metric tonnes is One hundred million kg.

Divide that into 50kg bags, and that's 2 million bags of rice.

Modified: So na 100 metric tonnes?



Ibime, no vex[/color]

OasisX:
.....if we import directly from Thailand, it won't be up to that bro. A 50kg of Rice is less down ₦30k in Benin Republic.

I remember when Baba Oyoyo first banned Rice Importation, Thailand reached out to us for a deal but Baba ignored.

We can reach back to them for reasonable deal now. Import directly, Government to Government, from Thailand.

[color=royalblue]So which dollar and dollar rate you go take import the rice?

You dey talk as if Thailand go collect Nnamdi Azikiwe for your hand[/color]