Dwightventures:
That one na money? That's about $1,300 now, come on. Remember we actually buy everything from abroad.

In Zimbabwe at some point someone could take a million of their money to clean up after toilet, so Nigeria still has some ways to go before that.

Yet our maximum currency note is ₦1,000 as "economist" Dele Momodu fought to prevent Jonathan government from printing 5k notes.

NIGERIA IS A JOKE!

Wodu89:
It can be invested into a business to make good returns

Emmizay12:



it's only a matter of time before we see N2000 and N5000 notes......

imagine how the current Nigerian maximum currency is only worth $1.35

some people will kick against what I just wrote reason being that they dont want politicians to steal efficiently or they don't want inflation....

shocker!!!! those two situations cannot be stopped,,, politicians will still steal, and inflation will still inflate

olisefom:
Something tangible. A cow. Smiles.

Oboto700:
Some people no just fit think again
. internet don make people dull

amigo1088:
Come to the north and set up a decent business, buy land, or buy a landed property

amigo1088:
Come to the north and set up a decent business, buy land, or buy a landed property

Pojomojo:
Insurgency made many people to leave the north and it very volatile to violence.

Slymonster:


Leave that weyrey.. People just write rubbish they know nothing about. In some state, only community wahala don wipe one quarter or half of that money.

correctguy101:


Chai, comrade, even Jesus for Bible say FEAR NORTH, yet here you are asking a not too innocent child of God to go buy land and set business for north ..

So that dem go do am OTILÓ tomorrow abi?

theophorus:


One of the state closest to Lagos.

crismark:

How will you say with 20m you'd still be categorized with poor?
Are you high?

AFRICANJAMAICA:


What of bizness

dododawa1:
which business?

amigo1088:


There are some part of the north that safe for OP to start his business.

and no one is going harass you or tax you... just don't disrespect their religion.

ogbiwa:
I've just been thinking and I realised that with 1 million naira, you can't:
- buy a house
- buy a decent car
- buy a decent landed property
- construct a proper building foundation
- setup a decent business
- self-fund a proper business idea from zero
- etc

So I realised there are actually Nigerian "millionaires" who can't afford most of the things I listed above (technically, anyone with atleast 1 million Naira is a millionaire, by definition)
So does this mean some of our millionaires here, compared to their counterparts in other countries, are actually considered broke?

Is there something of real value you know can be bought with 1 million Naira that I may have missed? Let me know in the comments. Ogbiwa

motionarena:


That's because you do not have the foresight or intelligence to change your life with 20m.
I had around 800k with me 2 yrs ago and I know how I used it to transform my life talk not more of 20m.

crismark:

How will you say with 20m you'd still be categorized with poor?
Are you high?

thesicilian:
It can buy 50 votes

Pojomojo:
After the civil war and BH insurgency I will not do anything business in the north a small fight could lead into a full blown war, houses and business will loose.Where?

correctguy101:


You don FULANize the problem

inoki247:



Lol you people just talk like drunkard so with 20m you categorize yourself as a rich man money wey no even go Dubai trip with your family....


With 20m you're still a poor man so rest bkuz your thinking faculty will still be limited derr is no GRA in Nigeria that you can buy a plot of just 20m unless maybe na North sha.... Buh for south before you see 1 plot of 20m for any GRA you go trek tire ...

DenreleDave:


One million will buy you a land in ogun state, ikorodu and co

ogbiwa:
I've just been thinking and I realised that with 1 million naira, you can't:
- buy a house
- buy a decent car
- buy a decent landed property
- construct a proper building foundation
- setup a decent business
- self-fund a proper business idea from zero
- etc

So I realised there are actually Nigerian "millionaires" who can't afford most of the things I listed above (technically, anyone with atleast 1 million Naira is a millionaire, by definition)
So does this mean some of our millionaires here, compared to their counterparts in other countries, are actually considered broke?

Is there something of real value you know can be bought with 1 million Naira that I may have missed? Let me know in the comments. Ogbiwa

toluleke:
Land wahala and land isn't liquid that what people don't know. Then the country isn't regulated fake papers and scam.

MrBroke:


Even 5 billion naira is not enough to be considerd rich because it can't get you a decent 3 bedroom apartment in some location's around the world. I dey quote you o

endsarrrs:
Food any kind

nedekid:
There is no place on the outskirts of Lagos you will see 1m land. I doubt it.