₦airaland Forum

SeaTrade:
Lol,
I too wanted to buy a new ,cheap car some months back with N30m budget ,
I targeted cheap China brands as even Koreans are now overpriced .
Went to get Changan CS35 or 55,na price carry me go jeje to Toks.
Why will I buy box of matches at N43/55m?
They one I even liked and impressed with was Uni-K or so,them say na 59.5m last,I leave am march
Meanwhile I bought a brand new Hyundai Creta for the business 12.5m 2019,
Even I think 2022 or so when i was short of some work horses,I went to get L200 brand new and the low jack was 16.5m and Hi frame was like 21m with Auxiliary gear.
Maxus was like 18m and Changan Hunter for similar price,
Only God knows what they cost now.
This country is a very hard place to be in ,I won't lie.

Oga, you are on point, 3 or so years ago we got that hyundai creta for 13.5, they tried convincing us to go for the changan that is was a little cheaper or same price(can't remember), but they said it was a better car with more options and a little bigger. But we because of name went for hyundai.
I hear those cars now are over 40m each.
How will someone that earns even 1m monthly ever afford to buy brand new?

Na wah. Every where, wahala..

Nice one.

sonofsteven:
Exactly besides if it's possible for this government, they would have done it before buhari left power

It's not easy

Throwback just dey try defend himself

If numbers were equal worldwide

Then anyone buying something higher will be termed as a country with high purchasing power

Eg.. 100naira is 100dollars

If US con dey buy water 2dollars and we dey buy water 1naira then we fit talk

But if I'm spending 10dollars to eat to my satisfaction, while in USA that uses dollars, someone using naira will say we spend too much on food because he couldn't eat to his satisfaction with the same 10naira..am I supposed to use naira in a country that uses dollars... things are made cheaper to them that lives in that country and make their money in that country

I dey chop African food here with today's rate it's 10k per morning, 10k afternoon and night more than 10k depending on the food I want to eat but least is 10k naira

You will say it's expensive but to us here,it's cheaper because 50yuan is 50yuan not 10,000yuan

So let it be 50naira too

You can't use your own currency to judge another's currency because what you buy with naira is cheaper when they convert their money into naira

I think it is called PPP
Purchasing power parity.

Cooldowntemper:
Shatap

Seconded.

CodeTemplar:
The solution is local production and that's far from us right now. We are in disarray and cannot do anything tangible with our current mindset. Imagine 100 checkpoints on less than 100km of road. Average of 700m between checkpoints. Yet we lack uniform men to combat insecurity that is impeding production locally. Those posted to the border are colluding to allow goods in and out. Those not posted to borders simply line themselves up on road leading to the border and do as they please.

When we even say local production, what kind of production is currently profitable in naija with the current cost of production? I dare say there is no factory that is producing at a profit now, even hotels, schools etc. If you are involved in such as I am in a little way, you will know. Most are just struggling to stay afloat. Cost of power takes 70% of your income especially diesel. You must run generators at 1200-1400 per liter. Imagine running eg 100, 250kva gen sets. What about big hotels, factories running 1000kva gens. Omo, that one you blow 33,000 liters in few days! What are you producing, cocain?
While costal highway is good, but imagine the pressure releasing trillions to contractors will cause on the naira. Eg, if you release 1t mobilization, what do you think the first thing contractor will do? Is it not to change the money to preserve its value and also import foreign components? Will naira not crash?
Abeg the whole thing taya me.

Cooldowntemper:
Are you afraid of going back to osun ?

Are you minding that charlatan? How you know he is a kid, half breed at that is his constant mentioning of mother and father. I guess he had deep scars from childhood eg abandonment or growing up in an orphanage, a bad one at that, afterall some turn out good.

Ebinpawo1:
Nawaoh...
Why are they always going off the runway?

It rained heavily this morning, up till now. Wet runway, pool of water, potholes etc.
I know the international wing side of the runway was recently opened after over 1 year closure for renovation, because the potholes were massive. While it was shutdown, all traffic, local and international used that local airport runway. It is possible that one is very due for renovation also.

Zonefree:
She go still collect double of the amount before leaving. No be women again

Na so..

Omo, see hadcore diplomacy from Benin republic.
This is how it is done, not by forming gragra big brother levels while others see you finish.

Metcheew, madam dey your lane.
Poor weh never breath go de do exercise, burn the few protain them put for body? All the stress, heat inside bus, sun, trekking, thinking etc na exercise.

Bros why are you doing us like this naa..
6k wount have been an outrageous amount of money few years ago, but with current exchange rate, destruction of purchasing power of Nigerians, 6k has become 10m!
6k was less than 1m before this locust apc recessionists came on board to impoverish Nigerians.

ClassicEvilSpir:
Nokia Is a substandard phone. Crazy how the mighty has fallen. Now under the ownership of HMD global, a Chinese company with plans to launch its eponymous brand. I literally used nokia 2.3 years back. I bought it upon launch@slot because I thought nokia was the brand of old. Few months upon usage, multiple charging port issues. One day, the phone turned off, and never came on. Cause of death: panel issues. I conflicted with hardware and software issues during my time with nokia. Who are they trying to deceive with their nonsense flashbacks? Never again.

Chinese companies have destroyed the European majors, from Nokia, to erickson, even the American brand. Truth of the matter if not for American sanctions, Samsung, iPhone would have gone the way of Nokia at the rate Huawei was going. Walai, my Huawei Y9 2019 phone I am still using after 5 years. Working perfectly, does not hang, everything intact. Never failed one day. The only reason I will have to upgrade is because of newer tech it does not have eg NFC.
Exactly as you said for Nokia, my previous Samsung tab and phone each woke up one day and the decided to sleep, never to wake up again. Lol

Meeen, this is serious!
Imagine someone currently pressuring me to come offer my service in that Ado Odo area.
Omo, I reject the man's business IJN !

Chimarto:
You're stopping foreign missions from transacting in dollar and ordered your own foreign mission abroad to transact in naira violating the host country's policy? Our leaders have sense but they don't have wisdom.

I don't get this, from my understanding, foreign missions in Nigeria will charge in naira, likewise Nigeria missions in other countries will charge for their services in the local currency of they country they are domiciled. Or are you saying it is the opposite?

CodeTemplar:
Buy a cartoon of biscuit N4000 make N100 profit and it is now N6000. That's N1900 lost to differentials.

No be juju be dat?

No be small thing..

HypocriticalObi:
where your parents are? empty barrel makes the loudest noise, are your parents God, yet we don't know them, I am not even sure your father's name can open your village toilet, yet you came here to rant and bickering with bitterness and anguish, your poverty-stricken mentality have render you shallow and wallowing in abysmal chronic inferiority complex, your problems are abated and numerous, because your generations are begging for crumbs and in servitude, you think we are the same? I don't need to brag, but God blessing and favors upon us are insurmountable, leave your penury and wretchedness in your generations, kings don't think of hunger, only pauper like you thinks of crumbs, continue living in delusion.

Too much talk. My offer still stands for the next 1 hr. 12.27 is the time.
Show evidence of just $1k or 1k pounds and I dash you 100 in either currency.
I know you have searched for people to loan you to show but unfortunately neither you or your group have the capacity. Online rich man, take the challenge, abi you no need monie?

TheBillyonaire:
BYD Electric cars are as cheap as 10m

Cheapest BYD I think is the seagull. About 10k usd in China. 25k in south America. To sell in eg UK, it will cost atleast 20k pounds after taxes are added. That means no way can a BYD cost ₦10m.
Guess what, late last year suzuki was doing a promo 9.7m for a brand new Korope. I hear it is now over 20m.
Even that gray color tiny suzuki car they use for taxi was about 9m then, I hear it is also almost 20m.
Nothing like ₦10m brand new car again, even the cheapest China moto or innoson pass 10m.

Kelklein:
The way forward is Car Assembly Plants like we had during the time of PAN in the 70s, 80s and early 90's.. when average midlevel civil servant could afford a new Peugeot 405..

But in today Nigeria.. a director's annual salary stands at around 3 - 7 million.. so how does same director afford that first Toyota on that list at 100m+, he steals.. you can see the upside down country we live today.

The minister of trade said some days ago that Nigeria would soon start production which is clearly a pipe dream.. the smart thing a government can do is to get these major manufacturers of cars used predominately in Nigeria to establish Assembly Plants.. these would automatically save us fx and create lots of employment..

A country of close to 250million people can't continue this way without a good automotive policy.. getting Customs to charge Nigerians 35% import duty on imported cars is not a policy..

I think no matter what, even if all the car plants are established here, the problem is our purchasing power has been so destroyed, it is impossible to phantom the extent. Eg, about 5 years ago, at shopright anthony, I saw a brand new Toyota camry parked inside the mall along with some gac brand. The camry mint was 13m. How come today, that same camry marketed by elizade is now over 100m? In just 5 years? Howww
Money to use to build house?
A friend did litigation 9 years ago to the naira equivalent of $300k. He got judgement in his favour recently, guess what, it is no longer worth $300k, neither can the whole judgement value with 21% yearly interest buy even the cheapest car on that list. No be juju be that? By the time he goes through appeal etc and finally get the money at this rate we are going, posibbly it is only Tyre the money may buy. Lol

BigYash:
If men stop carrying the women,cheating no go dey.. Men are the major cause.. They use money to buy these ladies ,and thanks to the hardship apc brought upon nigerians.. It made it worst .. To see girl marry now is war.. You cant even see? Singles in relationships cheats, married folks worst .. Yesterday i saw something that shocked me in a church establlishment.. Someone that said he is a pastor and another pastor's wife.. I was like if this can happen in public,private place go be blast..

Lolz, women nko? I don see where corporate official car driver with madam at the back seat drive into short time hotel. Those ones with gate per room. They closed the gate as they drove in. After 1hr, they drove out. Watin them go do, I no know.

HypocriticalObi:
One thing about you people is you always use your mother, father or family situation to judge, what is my concern that your parents and generations are wallowing in unabated penury and poverty, am I the one responsible for your frustrations , if you cannot afford basic needs, work harder.

Where my parents are financially, your ancestors will only pray to be a servant at the foot stool, to feed from the crumbs.
Oga, show evidence of just 1k pounds in your acct and I will dash you 100 pounds or $100 join.

Omo in this hard times, the pastor try.
Congrats to the new car owners. They were given realistic cars they can maintain, not the one that will dash cook, cleaner, prado, highlux, landcruiser.
Meanwhile, are those cars brand new? Abi op does not know the meaning of brand new?

Hezzyluv:
Even the tokumbo sef, me never see money buy. However, I am optimistic as long as one keep hustling, he can buy brand new car one day.

God is our strength.

BuyMeBanger:
The husband looks so much like John Okafor(Mr. Ibu) .

Lolz, my first thought too.

uchman:
She no too send her husband, na her kids be her priority.

Kai, your eyes sharp
Omo, concerns de ohh, but hopefully them go settle well.

So I was chatting with a paddy the other day, he asked the question, will the average Nigerian ever buy a brand new car, enjoy the smell of new, not used accidented vehicle? I asked why, he showed me the attached price list. I was shocked.
1993 or there about, I remember being given a cheque to go purchase a brand new Toyota Celica sports car from the then westex motors on isolo road for 350k. Mint tear rubber. Same thing with a deawoo racer car for 105k.
10 years ago, a Toyota hiace was 4.6m and 5m for high roof with auto drive, I went to get a quote for a school.
A corolla or high spec Honda civic was 3.8-4m, brand new. This meant you could pay a 20% deposit and make monthly payments of 60k for 48 months. Ie in a 200-250k salary, you could conviniently own a brand new vehicle. The hyundai, Kia and other lesser brands were cheaper. Do you guys remember the hyundai i10 or Kia picanto were in the range of 890k to 1.2m?
Today after the locust regimes of the last 10 years, I dear say 99 percent of Nigerians will never know who it is to take the keys or know the smell of brand new interior, leather etc.
Gentlemen and ladies, kindly go through the current price list and share your thoughts.

Hope awon boys wount ask then to settle before snapping pictures or recording videos.

These ones no know how far. Anything "credit" in Nigeria can never work. Nigerians will max out the credit and will not repay. When you drag them, they will come online to claim victim,
Anyway, no one will teach them, they will get sense.|

Remman:
They fired their staff and replaced them with AI.

For real?

You are not ready to get married, so let her go to find better prospects. You already feel she is stuck with you or has no better choice hence your spewing crap to her.

Righthussle:
The principal needs to undergo customer service training.

For what? Nigerians are difficult clients, you relate with them as you deem fit.