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Nairaland Forum / Nairaland / General / Politics / It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) (1790 Views)
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It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by ebukajay184: 10:08am On Sep 22, 2021 |
An old receipt shared online shows it cost N500 to rent hall for weddings at Eko Club in 1982, IgbereTV reports. https://igberetvnews.com/1400926/costs-n500-rent-hall-eko-club-1982-throwback-photo/ Lalasticlala Mynd44 1 Share
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Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Corporate2020: 10:09am On Sep 22, 2021 |
Nothing has changed. What it costs in dollars then is the same now. 1 Like |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Omihanifa: 10:10am On Sep 22, 2021 |
That #500 then too no dey easy to just spend for hall o 3 Likes |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Timoleon(m): 10:32am On Sep 22, 2021 |
How many people fit afford 500 Naira that year? 2 Likes |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by donbachi(m): 10:35am On Sep 22, 2021 |
Op,500 naira dat year.go buy a trailer load of cement....a bag was 3naira dat year. 3 Likes |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by ManirBK: 10:48am On Sep 22, 2021 |
reading... |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by seborrhic: 11:17am On Sep 22, 2021 |
Just got confirmation that Igbere is run by a semi-illiterate. Average salary for a government worker then was about ₦100/per month. Average salary today is about ₦80k per month. It costs about ₦500k-₦1million today to rent same equivalent status venue for a day. Thus,takes same 5-8months salary for both time periods to rent same venue for the average government worker. So still same thing,just different time periods and currency values. 3 Likes 1 Share |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Lanretoye(m): 11:30am On Sep 22, 2021 |
Mmm |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by effort1: 11:32am On Sep 22, 2021 |
seborrhic: My dad was an assistant manager in a private company then. His salary was 120 naira per month. 1 Like |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by ozo13(m): 11:44am On Sep 22, 2021 |
How the mighty hhv fallen |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by seborrhic: 12:07pm On Sep 22, 2021 |
effort1:It's that sort of illiterate post by IgbereTv that would make some people feel that truly Nigeria is a confirmed country of dullards to have allowed someone like Buhari to not just win an election but get re-elected by supposed adults. |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by milkymesh: 12:12pm On Sep 22, 2021 |
Very expensive. In 1982 a brand new Bettle or 504 is about ₦2000. What it out. ebukajay184: |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by SarkinYarki: 12:27pm On Sep 22, 2021 |
500 Naira the is equivalent to almost 1.8 million today and took the same amount of effort to make as you would 1.8 m 2 Likes |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by effort1: 12:44pm On Sep 22, 2021 |
seborrhic: Even at that, electing Buhari is a show of dumbness. Naira is 575 to one dollar today because Buhari is a very bad president. |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Okoroawusa: 12:45pm On Sep 22, 2021 |
How many people could afford #500 that time? 1 Like |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by OkCornel(m): 1:17pm On Sep 22, 2021 |
effort1: To think they’ll still deduct pension contribution of some sort from that amount to plan his retirement in say 30 years time (2012) Omo mehn, the system is designed to ensure one is poor when he or she is old and weak. Pension fund has low purchasing power at the time of retirement given how naira is nosediving in value. |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by effort1: 1:22pm On Sep 22, 2021 |
OkCornel: Lolz. Very true |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Generalwoodz(m): 4:12pm On Sep 22, 2021 |
Sometimes I wish I could go back in times, so I could afford things I can't possibly get in This present day. Maybe travel way back into the 70s or 80s with just 100k in my back pocket. That sum is a large one so I need to engage a truck load of police to provide a security of some sort. But then the 70s was relatively peaceful. There's absolutely nothing to fear even kidnappers. I'd save my money. I'd move around lagos, especially the high brows places and fuccking buy up all the Lands. I'd wait for Bill gates to establish Microsoft then massively invest. I know quite well that Mr Bill would awestruck but that's fine. I'd search for Jeff Bezoz, that Amazon guy and current richest man and make myself know to him. We'd talk about how to build a business empire known as AMAZON! And finally, the crux of the matter. I'd go on to register myself in Harvard University, and particularly make sure that I am around and not flexing around with the girls when MARK Zuckerberg would make that glorious call. "Come lets create Facebook" 1 Like |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Finnese001: 4:20pm On Sep 22, 2021 |
Okay Meanwhile, I need a trusted Data seller here please |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by AuroraB(f): 4:58pm On Sep 22, 2021 |
Corporate2020:Is dollar this country's currency |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Cantonese: 5:04pm On Sep 22, 2021 |
I think OP just wants us to know how things were then in 1982. Our N500 exchanged at 50 kobo too easy dollar. Times have changed all over the world. The whole world has experienced changes in the costs of goods and services in these 39 years, including the USA. For us here events have overtaken a lot of things. Civilization has advanced. We do not drive the same cars driven in 1982. We do not wear the same clothes. Design of houses changed, technology has advanced, etc. |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Ofunaofu: 5:07pm On Sep 22, 2021 |
Generalwoodz: If wishes were horses, beggars would ride |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by Cantonese: 5:13pm On Sep 22, 2021 |
Generalwoodz: Hahahahahahahaha. Many people lamented then of no money just like the present time. 1 Like 1 Share |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by thundafire: 8:33pm On Sep 22, 2021 |
Yet the same people who enjoyed that era collectively collected Zombie vaccine to vote in mannequin |
Re: It Costs N500 To Rent Hall At Eko Club In 1982 (Throwback Photo) by omowolewa: 9:33pm On Sep 22, 2021 |
The best is to convert that to dollar as at that time and step it down to dollar as of today. That will give you the idea. So, that 500 is like 192,478 Naira now. |
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