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The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) - Properties (3) - Nairaland

Nairaland Forum / Nairaland / General / Properties / The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) (76266 Views)

Rising Cost Of Cement: We Can’t Own Houses Again - Nigerians Cry Out / How Many Bags Of Cement And Workmanship For 2bedroom Flat (2) (3) (4)

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Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by okunwaye(m): 7:34pm On Jun 10, 2022
MonkeyMods:
It will be 10,500k under opolo eye criminal

Say No to Tinubu. Yes to Peter Obi
pls don't insult others candidates to promote yours
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by TOPCRUISE(m): 7:34pm On Jun 10, 2022
Democratic rule destroyed our currency. It shows we are practicing fake democracy in Nigeria
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by sonnie10: 7:35pm On Jun 10, 2022
harjay1986:


no body around here will ever air this all is Nigeria no good , but ask them where is their tax clearance certificate all will be something else

Proof to the people that their tax wouldn't end in the pockets of the AGF, but would be used judiciously.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by samwash(m): 7:35pm On Jun 10, 2022
From that receipt, base on say Christmas don dey near & pple go want pack go their new house to do Christmas & New year celebrations, the cement price be never reach #88, then just newly add #3 on top one bag.
Base on the Nigrians we be.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Nobody: 7:36pm On Jun 10, 2022
somehow:
And how much was salaries?

You can't just judge like this.

The same 1991, buying a good house in the US was less than $100,000, guess how much same house cost now.

Lecturers were earning between 900 to 5000 naira in 1993. For example.

What people are doing on this thread is comparing/subtracting the 1991 cost of cement with their earnings now.

Back in 1993 one dollar was 22 naira.

2 Likes

Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Munzy14(m): 7:37pm On Jun 10, 2022
Omoslim26:
Na so na.
The last set of people who still enjoyed Nija small are those born in the early 1980s
If you didn't use coins,you didn't enjoy Nija at all.
I remember when I could eat with #5�
Amongst everything I deemed possible that could happen to Nija I never envisaged a time when we would buy garri #500 per derica undecided
My Heavenly father creator of man and spirit how did it get this bad shocked shocked
Lol...I was explaining to someone I gave a lift the other day, how 5naira paper could afford Ice cream, snacks anď you will still have balance in coins to flex biscuit.. grin

Transport to school in my primary one was 10naira..

My school fees in primary 6 was 800naira.. grin grin

God have mercy for this country..

That same school, their school fees alone is more 60k now..by the time you add everything e go reach 90k...

Anyway na where my children will go...To learn from where their papa learnt from.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Reference(m): 7:37pm On Jun 10, 2022
Angelfrost:


So shocking how much the nation has deteriorated horribly since year 2000!

When billions are fritted away evey year through corruption we tolerate these things because inflation doesn't pounce and ravage like a jungle cat but creeps and suffocates slowly like an anaconda.

If only the vast majority of Nigerians were cerebral in nature and are able to recognize the damage the structure of this country has caused one generation after another, we will have responded with much more determination to get qualitative leadership than we are doing right now.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by nedekid: 7:38pm On Jun 10, 2022
Omoslim26:
Na so na.
The last set of people who still enjoyed Nija small are those born in the early 1980s
If you didn't use coins,you didn't enjoy Nija at all.
I remember when I could eat with #5�
Amongst everything I deemed possible that could happen to Nija I never envisaged a time when we would buy garri #500 per derica undecided
My Heavenly father creator of man and spirit how did it get this bad shocked shocked

We that were born in the early 70s enjoyed naija small. So many young people nowadays have not seen this country good in their lifetime and so do not understand.
I was going through my documents the other day and found my passport as a kid. Look at the bta and how much naira exchanged to the pounds sterling, charges included.
Those were the days of British caledonian, Nigeria airways. Country was good. Nigeria passport was visa free to almost all countries of the world. Every holiday, nigerians enter "London" as we called it then.
Poor man's food was sardine and bread with chilled coke.

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Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by realstars: 7:39pm On Jun 10, 2022
money121:
3bags of cement for #264 as at 1991 (#88 per Bag)

1bag of Cement Now #4,000 to #4,500 as at Today cry cry

I hope Nigeria will be Great Again sad sad

in 1990 one 419 came to play my dad, that he will give 30 bags at company prize #50.30k for a bag. While it was #60 by then.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by kingyakos: 7:39pm On Jun 10, 2022
majamajic:
Making 4k is much easier now than making 88 naira then , cos I have grown in 91


Bros no vex abeg na lie
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Candycrushy(f): 7:40pm On Jun 10, 2022
The more reason we need to vote rightly so all these backwardness will end
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by KosiGee(m): 7:41pm On Jun 10, 2022
money121:
3bags of cement for #264 as at 1991 (#88 per Bag)

1bag of Cement Now #4,000 to #4,500 as at Today cry cry

I hope Nigeria will be Great Again sad sad


Buy 3 bags of Dangote cement today. Keep the receipt and come back in about 8 years time…After Tinubu or Atiku’s government.

You’ll call Buhari a saint and an economic genius.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by mightyhaze: 7:41pm On Jun 10, 2022
In1991



Youghurt of 200 naira now was 1 naira


I remember cos I adored yoghurt back then in jss1 (1991) . My daily allowance then was 50k .. I had to wait around the icecream stand for another person that had 50k so that we can buy and split it in 2
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by MummyOgojaBoy(m): 7:43pm On Jun 10, 2022
1991 my year of brith.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Nickymichy(m): 7:43pm On Jun 10, 2022
1990 when my mom built her house... cement sells for ₦40....
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by letitrainnow(m): 7:44pm On Jun 10, 2022
Chaiii
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by favour2much: 7:44pm On Jun 10, 2022
Pls God restore back our country
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by TenQ: 7:45pm On Jun 10, 2022
majamajic:
Making 4k is much easier now than making 88 naira then , cos I have grown in 91
So it seems but no!

The issue is about purchasing power relative to average income.

Up till 1990, civil servants could purchase a brand new Peugeot 505 (equivalent to Toyota Camry): now, it is an impossibility. This is how you measure it. In the 60's a level 8 officer could buy a brand new car.

The issue is that our economic experts do not know WHY the inflation is untameable!
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Watinani(m): 7:46pm On Jun 10, 2022
The highest money that i used to brag in 90s is N1 to N5. That time i've no worries and stress
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by simplesearch: 7:46pm On Jun 10, 2022
While not justifying the abnormal inflationary situation we have now, caused majorly by the wickedness, selfishness and visionlesness of our supposed leader. However, to make four thousand as at then wasn't an easy task!
That's almost an equivalent of a month salary of an assistant headmaster in a government primary school.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by heysquare(m): 7:47pm On Jun 10, 2022
sinkhole:
That is about 31yrs ago, right?
Keep your own today and let your children/grand-children also comment on it in the next 30 years, I am sure that your children/grand children will then claim that you enjoyed during your own time too
Don't mind them! As if the economy was good in those year too! People still wail of bad economy then
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by MrSensor(m): 7:49pm On Jun 10, 2022
AFRICANJAMAICA:
Dangote is a curse to Nigeria.
But some fools don't know

1 Like

Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Angelfrost(m): 7:49pm On Jun 10, 2022
Reference:


When billions are fritted away evey year through corruption we tolerate these things because inflation doesn't pounce and ravage like a jungle cat but creeps and suffocates slowly like an anaconda.

If only the vast majority of Nigerians were cerebral in nature and are able to recognize the damage the structure of this country has caused one generation after another, we will have responded with much more determination to get qualitative leadership than we are doing right now.

True dat... Our pathetic choices of leaders brought us to this point.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by PoliteActivist: 7:50pm On Jun 10, 2022
PussyMiners:

Atiku is Tinubu's headache not the inconsequential effeminate lying clown called Peter Obi cheesy grin

Better to be "feminate lying clown" than SICK, OLD, CONFIRMED THIEF! grin

MPO all the way!
Our generation of youths will show them!
#GenerationMPO!!!
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Segxydube: 7:51pm On Jun 10, 2022
harjay1986:


no body around here will ever air this all is Nigeria no good , but ask them where is their tax clearance certificate all will be something else

If you pay tax some thieves will still embezzle it

1 Like

Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Skyfornia(m): 7:51pm On Jun 10, 2022
sinkhole:
That is about 31yrs ago, right?
Keep your own today and let your children/grand-children also comment on it in the next 30 years, I am sure that your children/grand children will then claim that you enjoyed during your own time too

That's to say Nigeria is deteriorating ..and it shouldn't be so
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by yemmit90: 7:52pm On Jun 10, 2022
majamajic:
Making 4k is much easier now than making 88 naira then , cos I have grown in 91

Who tell you this? Did you live in 1991 for you to be saying this? From the best of my knowledge, 88 naira was not hard to get in 1991.

Transportation to our home town back then around 1991 was #200, and it is around 2500 from where I am now( which is still farther than where we lived back then).

Cement should be one of cheapest commodities, but cost of production couple with lack of electricity make it difficult for manufacturers to produce at low cost.
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Channah1(f): 7:54pm On Jun 10, 2022
harjay1986:


i beg loud this statement, the question is that how many family can afford brick and mortal building compare to now...... all naaa mud house they could afgord

Lol ..
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by Bbbw: 7:55pm On Jun 10, 2022
Really
Re: The 1991 Receipt For 3 Bags Of Cement Found In His Grandma's Box (Photo) by just2endowed: 7:57pm On Jun 10, 2022
burritto:
1989 was when the price really went up, I remembered we started building one of our houses with #4.50k per bag in February that year, then it moved to #20 and then #38 or #40. In May of 1989 it was #38. The price went up really high that year

By 1991 it was already #80

That year, IBB was busy obeying imf that our currency need to be devalue and the idi.0t keep devaluing the naira u till the currency was worthless. IBB was the architect of the devaluation thanks to his useless structural adjustments programme (SAP).

Wonder why we don't know or make history a compulsory subject in secondary school?

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