Jayphoenix45:
..

Bro you know it very well. You won't believe how much I spend weekly!! My wife went to market recently and 2000 cedis had no impact!! I went to the kitchen and was like "babe you didn't go to the market again"? She went but bro a bag of nigerian rice now sells at 700 cedis in madina market and 25kg of vegetable oil sells at 600 cedis now how much is left? No matter how bad things are in nigeria, you won't say 200k naira won't stock your kitchen

They eat Nigerian Rice in Ghana?

nedekid:

Sorry to say, you are a real olodo. Look at the two picture and tell the difference is you are any smart.

The person who begat you is a fool and am not sorry to say

OfficialAPCNig:

Stupidity is comparing the former federal water corporation headquarters in Lagos with a pump station in Ojoto, a village in Anambra

Compare the pump station in Ojoto with any pump station in Igbogbo or compare the station in Ikorodu with the one in Nnewi

It's obvious you love to suffer

oaugraduate1234:


He started Eko Atlantic, Lekki Free Trade Zone and established LAWMA.

A very big lie, he did not start anything, it is only during his time the proposal came. are Eko atlantic and co owned by lagos state government?
the only truth there is LAWMA of which is there in every state. Is lawma an achievement. before you were born, there has always been a sanitation and waste management office.
He only resuscitated them

Offpointng:


Lmao for weytin na? Ur name is Peace boss, pls let's give peace a chance

Peace I never an option for where Ghana matter dey. I dey hate am when I see Ghana dey follow us drag. I fit comot da peace for ma name wear full vawulence deal with them.

d142475:


. Sey you go lead the invasion?

Walai! Bubu na failure. Make e go see Putin wey love d progress of his country nau. Ghana na small fry for us na.

alimiadedayo1:

bro don't say that people are experiencing worse here.. you dont know that it is painful to discover that our highest currency has no value at all.. can you compare the purchasing power of 1000 naira and 1000 cedis together

That’s not how it works sir. The Ghanaian cedis is only strong against our naira but both currencies have the same or marginally different values against the USD and don’t mistake this cedis strength against naira for Ghanaian having higher purchasing powers because I notice a lot of people make this mistake often. Their currency is only strong but they don’t have the money. Back in 2019, while a cedis was being exchanged for around 13-14 naira, holding 200 cedis cash was a big deal because they (Ghanaians in my area) weren’t used to seeing ordinary people holding it. In fact, taking a 200 cedis note to local retail stores was one of the easiest ways to spot us as foreigners aside from our thick Nigerian English accent I don’t know how to put this in economic terms but their currency value is only strong against the naira (then it was 1 Ghc=14 Naira) but that doesn’t automatically mean that they have higher purchasing power than we Nigerians but in fact, they are poorer us. Nigerians and some other foreigners are the people doing doings in Ghana and I believe their currency’s dominance over our naira is because they don’t even have the money to be import-dependent like Nigerians (remember that the more you import without filling the deficit with proportionate exportation, the weaker your currency becomes). It’s only in this our Nigeria you hear ppl crying no money yet IPhone 14 promax got here same month it was announced by the makers.

dele1727:


Intelligent people know that we are not alone...
Of course this government and the people could have done more....

But the reality is that the world is facing the bites of inflation....

You can't pump money into the economy after covid and not face it....

Plenty money chasing few goods

For the few fools quoting me just because i dont subscribe to the illusion that everywhere else is better than Nigeria....

Or that economic crisis is only affecting us.. here is something from the USA.

I told someone here the last time they pay 150-200 $$ per hour depending perdiem in oil rig USA he was like that’s a crazy lie, which is true if you are equipped with the skills they need.
I just need to work in the USA for 20 fucking years am ok.

Peacecore:
Peace I never an option for where Ghana matter dey. I dey hate am when I see Ghana dey follow us drag. I fit comot da peace for ma name wear full vawulence deal with them.

Ghana is still better na, weytin u go talk about South Africans

goslowgoslow:

Lol... ..even a fool knows that Ikpeazu is the worst governor in Nigeria! The present state of Aba is a very good example. Moreover you did not answer my question. Are you saying that for eight years Tinubu did not complete a single project? In a state like Lagos?

Thank God I am not a fool.
Show me the ones he started and completed and not the ones done by individuals/private organizations or his successors.

Offpointng:


Ghana is still better na, weytin u go talk about South Africans

As in ehh! Na da 1 worse pass buh why I no dey talk about am be say e far from us. We can only sponsor long attack on them buh Ghana na our backyard dem dey. Na to just invade am make the 37th state buh bubu never finish travelling to even think of such good thing

LiveWithIt:
Lagos should come to the rescue ASAP..
We don't need someone who will take Nigeria to this kind of fall, we need someone like tinubu, the master planner.

Why comparing pumping station with corporate headquarters. It shows the level of rigidity of our mind to prove a point that does not worth it! This analogy is trash going by Water Sanitation and Hygiene frame work.

You don't know what you are talking about

Offpointng:


Ghana is still better na, weytin u go talk about South Africans

leksite120:
This is by far very worse.
Their exchange rate to naira is just a mirage and hoax.
The real economic power lies in the purchasing power.

They revalued their currency some years back to make 1 cedi equal 1 dollar. Not like that their currency gained value to level up to dollar . More like wayowayo currency policy

backtalkG:
the rising cost of living in Ghana could force Nigerians living there to return or look for a better life in other countries, especially in Europe. We are living dire times

Ghana government really fvcked up, watching helplessly when those trade unions victimising foreign Africans doing business in Ghana. Telling individuals to register their businesses with huge amount of money greater than their capitals, forcing them to close shops and telling them leave Ghana. What did they expect would happen to their economy in the long run?

goslowgoslow:

Silence is better for people like you because as usual you cannot comprehend a comment but to bark!

It is better you remain silent forever! Buhari is a calamity and anyone who tries to defend him will bring generational courses upon himself

Light78:
It's time people should stop drinking beer every weekend.

Things are gonna be hard.

Put the money to good use.

Wetin beer do u .make we also stop eating too?

shortIGBOman:


They eat Nigerian Rice in Ghana?

..
Yes sir we do.the rice ghanians eat is perfumed and parboiled. Doesn't take Time to even cook but its gummy unlike our rice..so most nigerians buy nigerian rice. Normally I think knorr cubes are what we use in nigeria the most for seasoning but over here its onga cubes so to get knorr here I buy a pack for 35 cedis which is like 3500 naira when in nigeria its 850 per pack..so you can get some naija stuffs here but its more pricy.

LiveWithIt:

The person who begat you is a fool and am not sorry to say

Would have expected too much from you to identify the difference.
As per your other statement about who begat who, it is only in Nigeria you see people that have mouth, you see a pauper walk down a street, see a beautiful mansion and say the owner does not have taste, let me advice him on how to build his house.
If ojoras, ibrus, igbinedions, otedola, obis, my papa be fools, I rather accept a fool billionaire as papa than a pauper weh get sense but no money.
Which side your papa weh born your fall?

vengertime:
Things must be very expensive as fck.

Their girls will soon start fckin for a plate of noodles just to survive

ok

OfficialAPCNig:

Stupidity is comparing the former federal water corporation headquarters in Lagos with a pump station in Ojoto, a village in Anambra

Compare the pump station in Ojoto with any pump station in Igbogbo or compare the station in Ikorodu with the one in Nnewi

Are you minding the halfwit?

gly:


Why comparing pumping station with corporate headquarters. It shows the level of rigidity of our mind to prove a point that does not worth it! This analogy is trash going by Water Sanitation and Hygiene frame work.

I asked him to tell the difference in both pictures he posted, the kangaroo could not. Instead na to call person papa fool.

FalseProphet1:
I see urchins saying that we Nigerians should be Happy because the inflation is worldwide, I see them going to buy garri and groundnuts on credit to drink after posting, I see most of them avoiding a handful number of streets because they're owing almost all the provision shop owners, I see them still supporting Tinubu.

This I have seen.

You sound experienced. Are you speaking from experience ?

dele1727:


Intelligent people know that we are not alone...
Of course this government and the people could have done more....

But the reality is that the world is facing the bites of inflation....

You can't pump money into the economy after covid and not face it....

Plenty money chasing few goods

For the few fools quoting me just because i dont subscribe to the illusion that everywhere else is better than Nigeria....

Or that economic crisis is only affecting us.. here is something from the USA.

Stop the nonsense. US inflation is 8%, not 40%.

tctrills:
Stop the nonsense. US inflation is 8%, not 40%.

And who says its 40%...
Mr nonsense...
Because u saw a simple article on front page that says USA inflation dropped to 7.7%....
No 1...what was it before it dropped
No 2..the 7.7% is national average....not for the housing unit in the image...

So please learn to use your mind, eyes ear

porthouse7:
that's 522 naira

Lol where you wan see 522 naira that's how you guy will go to Google and be checking exchange rate that's CBN rate nobody will ever sell you that rate in black market na like 18 cedis to 1k...

LiveWithIt:
Lagos should come to the rescue ASAP..
We don't need someone who will take Nigeria to this kind of fall, we need someone like tinubu, the master planner.

fool!

Struggling to destroy the good works of jerry Rowlings.

dele1727:


And who says its 40%...
Mr nonsense...
Because u saw a simple article on front page that says USA inflation dropped to 7.7%....
No 1...what was it before it dropped
No 2..the 7.7% is national average....not for the housing unit in the image...

So please learn to use your mind, eyes ear

Do you lack understand? Housing is only one item. Housing inflation does not directly affect up to 10% at any given time. Many Americans already have houses and many others are not looking to buy a house right now eg children.
That's why it is foolish to gauge inflation only from one item.
You asked what the US inflation was before it dropped. It was a little above 8%.
You have a long way to go before you understand the global economy.

noCAP:
fool!

exactly what you and your lots are, son of many fathers
olofo omo

alimiadedayo1:

bro don't say that people are experiencing worse here.. you dont know that it is painful to discover that our highest currency has no value at all.. can you compare the purchasing power of 1000 naira and 1000 cedis together

You need to compare naira to old Ghana Cedis first or you don't know that Ghana removed 4 zeros from their currency?

brain54:

Firstly I never said the purchasing power of naira is very strong/powerful. I only stated it is better than the cedi.
You also shot yourself in the foot with your 2015 analogy. Are you saying because you bought some thing in 2015 for 1k and then buy same thing 5k presently that means the purchasing power of the currency is powerful?
As for the factors of production you mentioned…the common man don’t need to know all that or concern himself with the cost of production. What concerns him is how much the end product cost. Again from your anology I can imply or deduce that weak currency or low purchasing power would definitely result in high cost of final goods. This partly can be as a result of the weak purchasing power of of that currency.
Do you get it? I also used food as my example because food is basic and easy to use as comparison.
Baba I think you just muddled up most of your arguments.
Show me anywhere in Nigeria where a plate of food at a road side mama put chop bar sales for 3k and I will close my nairaland accoun.t. You can easily eat 30 cedis here at a local restaurant and not be satisfied. I am not talking of a 2 star hotel. I mean mama put joint.
Someone I know personally bought gobe (beans) some days back for 10 cedis. (1k naira) the quantity you will get for around 150 naira max from the food vendor.
Meaning if he was in Nigeria he would probably add bread,dodo and some cold Pepsi and still get change.
So don’t tell me about factors of production…
If my explanation at this point is not clear to you then I don’t know what else to say to you.
But I hope you get it…

Thank you sir.

I do go to Ghana every quarter. Just few days ago, I made up my mind that I would reduce it to once in a year. Why? Because of the economic crises we are talking about.

If Ghana's situation is not addressed, we will see Ghana's companies closing down and so many people losing their jobs and employers will not be able to cope again. I pray that doesn't happen at all.

The day I ordered for food in a nice hotel in Accra and I saw GHS 350 bill, I knew everything was wrong with that country. Just a square meal more than the minimum wage.