₦airaland Forum

Hashabiah:
I don't believe this writeup and the only ones capable of believing it are either zombies or little children

Newton85:
Well, it's like 1 cedis = 65 naira. But don't forget that the 1 cedis is 10,000 cedis in reality. The Ghanaians only redenominated their currency in 2007 by removing 4 zeros.

helinues:
But they are not having boko haram and herdsmen issue.

Still fair better

Rossinkup:
Ghana shouldn't just be ''doing better than Nigeria'' (marginally) in these areas.

Ghana should be the Saudi Arabia of Africa. Like them, you have a small population of 30 million, vast oil and gas reserves, you're the world's largest exporter of cocoa, and the largest producer and exporter of gold in Africa.

I hear you've even got diamonds.

I mean, what the hell does your govt do with all this money?

Why should things be expensive in Ghana?

Every Ghanaian should be living like a sheikh.

Truth is, man for man, Ghana is more resource rich than Nigeria, if you calculate it by total resource value per person.

Leave Nigeria. There is no developing nation of Nigeria's population range that hasn't got widespread challenges - Bangladesh, Pakistan, India, Ethiopia. Even Brazil and Mexico have major problems.

It is smaller nations with huge resources like Ghana that should really be highly prosperous.

Rossinkup:
Nigeria has 210 million people compared to Ghana's 30 million, so as both are developing nations, whatever problems you see in Ghana will be multiplied 7 times in Nigeria, by sheer virtue of population.

On the flip side, Nigeria has 7 times more avenues to enjoy your life than Ghana.

wiseone28:
A mere watching Ghana cable tv (strong) you should know the country is a sh!thole

You see poverty in their musicians face.

native doctors advertise on tv.

Money doublers too.

Even their hype electricity is not up to 4000mw.

How many of their population even have light?

Wizzzzmike:
Lol yet zoogeria is poverty capital of the world...
Lol yet you and entire family have even enjoy common electricity for over 60 years who's swimming in the pool of sh!t now

Biodun556:
MOSES OZEMOYA WROTE:

Our sister country, Ghana �� is not finding it too easy presently with unstable light issues and others just as we have our challenges in Nigeria ��.

Workers that receive 400 Ghanaian �� Cedis (₦26,309.42k) are finding it very difficult to cope.

A medium plastic bottle � of Coke 50CL is as of today 4.50 Cedis (₦295.98k)

Petrol price is 6 Ghanaian �� Cedis (₦394.65k)

Hollandia evaporated milk is 12 Cedis (₦789.28k)

Peak evaporated Milk is 8 Cedis (₦526.19k)

Carton of 70grm Indomie Noodles is 85 Ghanaian �� Cedis (₦5,590.75k)

Cup of granulated Sugar is 3 Ghana �� Cedis (₦197.32)

My very close friend made banku (Medium pot) today with 120 Ghana �� Cedis (₦7,892.83k)

Let's concentrate, believe in our country Nigeria �� as she's Patriotic and full of prayers for her beloved country Ghana ��.

God bless Nigeria �� and Ghana ��
Moses Ozemoya Iyagi

Powersurge:
Someone said s/he does not blv. Y do you need to blv something you could verified right where you are? Mental weakness.

Ghana problems began when she deliberately increase her currency without and put in place distracting policies against foreign investments.

Notwithstanding, Ghana has better electricity than Nigeria and is better in many indices than her.

Finally, it will be foolery for any serious nation that wants to do well to seek succour in another third world nation.

Judybash93:
Increase or devalued it's currency?

Powersurge:
Did I mention devalued?

nedu666:
When you want to compare Nigeria and Ghana. Consider the fact that one has been an oil exporter since independence and the other is not. If Nigeria was not an oil exporter who she be better than ghana, if ghana was an oil exporter would she be better than Nigeria, if both were oil exporters, which would look better
Until then no comparison

SamuelLoch:
Abeg... Convert it to dollars not naira.
Tell us the previous price an dollars and the present price...
Naira is not a standard currency, abeg

Hashabiah:
I don't believe this writeup and the only ones capable of believing it are either zombies or little children

Biodun556:
Exchange does not any way determine standard of living that is the mistake many Nigerians are making.

Let's say 1 dollar to a naira is 500 naira.

You can't buy a meal in U.S. with 1 dollar but you can afford two meal in a day with 500 naira in Nigeria

Kinematics:
Why the ignorance? Ghana has always been a more expensive country when compared to Nigeria, no b today. Prices of common things you buy in Nigeria are almost tripple the price in Ghana.

Hashabiah:
Ehn ehn...it is well. But one thing I like about Ghana, is for that fact that it is relatively saner than Nigeria.

Judybash93:
I was trying to call your attention to the term you used.. it should be devaluation as "Devaluation is the deliberate downward adjustment of a country's currency value. The government issuing the currency decides to devalue a currency. Devaluing a currency reduces the cost of a country's exports and can help shrink trade deficits"

poiZon:
But lets be factual, u cant compare the quality of those goods to what is obtainable here.
The standard of goods in nigeria is appalling.
Standard organisation of nigeria, nafdac and other agencies saddled with this responsibility has failed.
Imagine peak milk now is nothing compare to what peak was..
We now have peak evaporated, full cream.. All these cos of failure by these agencies thinking more of what they can get and not why they were established.
Also inflation too and cost of production has made quality and quantity of goods in nigeria to decline.
Compare biscuits then in 2015 and what u have now, stark difference.

Powersurge:
Ghana did not devalue her currency. She REDENOMINATED IT. Made it stronger.

Dharniel600:
I think it's because of thier small population. It's more easier to govern Ghana than Naija.

Powersurge:
Ghana did not devalue her currency. She REDENOMINATED IT. Made it stronger.

Kinematics:
Redenomination does not make a currency stronger. It only reduces the burden of carrying so much cash around to buy little things. It's more of a thing of convenience.

Kinematics:
Yes we will never forget that one too has been an exporter of Gold and Cocoa since independence. Also that one now also export oil as well. So what's your defense?

Hashabiah:
I don't believe this writeup and the only ones capable of believing it are either zombies or little children