According to The Spectator Index

And what percentage of Nigeria have #100,000 in savings? Abi what's the meaning of what you posted?

$1000= 760,000 thousand naira.

How many Nigerians have atleast #50,000 in their current account??

You Don ever see American citizens like this below?

Modified: agbado people dey quote me dey change figures, na you sabi oo

Ozommadu:
$1000= 7,600,000 million naira.

How many Nigerians have atleast #500,000 in their current account??

You Don ever see American citizens like this below?

Which exchange rate are u using
Abeg abeg delete this

Ozommadu:
$1000= 7,600,000 million naira.

How many Nigerians have atleast #500,000 in their current account??

You Don ever see American citizens like this below?

Lol if you people no like Nigeria just talk na when 1000 usd turn 7.6m...


You need to send Hire killer to go kill your maths teacher....


Even at 870*1usd na 870k u go get....


Even pounds wey high pass Dollar no fit give you that figure or Kuwait Dinar...

Wawu

Victory662:

Which exchange rate are u using
Abeg abeg delete this

Biafran naira you mean

copyrites:


According to The Spectator Index

But their government can spend trillions on war machines and loans to sponsor war or Destroy countries.

The end of America is closely near

Lukepeter:
And how many percentage of Nigeria have #100,000 in savings? Abi what's the meaning of what you posted?

It is actually a shocking information/news.

In most US states $1,000 can't pay for more than 1 month rent for a 2 bedroom apartment.

That means around 150 million people are in poverty or one step away from it.

And, unlike Europe, social benefits are not as generous in the US, so if these people lose their source of income, eg their job for any reason, they are in trouble.

In addition to having little to no savings, most Americans also have large debts so it's a double whammy.

For a country with a budget of about $800 billion just for defense, it is incredible that so many of its citizens are poor, homeless, can't afford medical care etc

This is a very serious social theory issue for a young country like Nigeria that still has the opportunity to shape how it wishes to develop going forward.

Is the US showing us that in the long run, unbridled capitalism and free markets concentrate wealth in the hands of too few people while condemning a large percentage of the population to near poverty? More like we already see in Nigeria where the gap between the rich and the poor is humongous.

Do we, as a country, need to look at the Scandinavian model and not the USA's 'You are on Your Own' model?

DeLaRue:


It is actually a shocking information/news.

$1,000 is N700,000.

Shocking to who?

This type of threads usually originates from the Town Halls of the emilokan Camp.

Always senseless, clueless & useless thinking

USA the greatest country in history


I stan

You are correct. 80% of Nigerian don't have any savings at all. Na person who chop dey save money

Lukepeter:
And what percentage of Nigeria have #100,000 in savings? Abi what's the meaning of what you posted?

98% of Nigerians don't have 500k in their account.

DatNiggaDaz:
This type of threads usually originates from the Town Halls of the emilokan Camp.

Always senseless, cluelessness & useless thinking

Not true. It's simply an enlightenment not a basis of comparison. USA enjoys some of the best infrastructure and systems in the world. There is no doubt about that fact.

DatNiggaDaz:
This type of threads usually originates from the Town Halls of the emilokan Camp.

Always senseless, cluelessness & useless thinking

You always do not want to hear elementary truth.

DatNiggaDaz:
This type of threads usually originates from the Town Halls of the emilokan Camp.

Always senseless, cluelessness & useless thinking

D most useless sets of supporters in d whole universe are Agbadorians. Supporters of Dullard from daura are fair better than Agbadorians.

Afamed:


You always do not want to hear elementary truth.

The same way you supported the truth in Buhari until his dying days in office only to realise he was a disaster because of the drug Baron.

You are a high level hypocrite who is good at nothing at all

Mtchewwww

That's over 700k Nigeria money ooo.

For your information, over 75% of Nigerians have less than 50k in their account and 50k is less than 100 USD.

$1000 in USA is like having 1000 naira in nigeria. So, those talking dollar to naira exchange rate in comparison are talking bunkum.

copyrites:


According to The Spectator Index

$1000 is a very Hugh money in the US.. and I can tell you.. apart from this skit people dat dash money in the street... you can visit someone in d US like a friend or family and u dash dia pikin $100... if you do... it means u extremely rich...

Some earn just $1500/m after paying bills wot else is left to save?

theophorus:
That's over 700k Nigeria money ooo.

For your information, over 75% of Nigerians have less than 50k in their account and 50k is less than 100 USD.

You are not comparing like for like.

The truth is, as rich as the USA is, too many of its citizens are in a precarious financial position.

In real terms, somebody having $1000 in the US is probably the equivalent of having may be N100,000 in Nigeria.

To give you an example, an X-ray in the US will cost about $200 (N160,000) or more. The same X-ray taken with the same machine in Nigeria may cost no more than N25,000 ($30).

$1000 doesn't go far in the US.

mu2sa2:
$1000 in USA is like having 1000 naira in nigeria. So, those talking dollar to naira exchange rate in comparison are talking bunkum.

You are wrong.

Example, 1000K dollars will get you almost the latest iphone in the US, can 1000Naira get you not iphone but Nigerian made Charger in Nigeria? I'm even going so far, a good loaf of bread in Naira can't be bought with 1000 Naira in Nigeria.

How on earth can you even put thoughts that what 1000k dollars can do in the US is what 1000Naira can do in Nigeria, this is the most ridiculous thing I have read on this forum.

The real purchasing power of naira equivalent to 1000k might actually be around 150 to 400k naira depending on the location one is.

There are things that should never go to public, your assertion is one of them.

mu2sa2:
$1000 in USA is like having 1000 naira in nigeria. So, those talking dollar to naira exchange rate in comparison are talking bunkum.

what do you mean by 1k$ is like 1k naira…can you buy a car with 1k in Nigeria? Abi 1k naira fit feed your family for a month? 100$ alone will feed you and your family in the US for a month

Babssoo:
what do you mean by 1k$ is like 1k naira…can you buy a car with 1k in Nigeria? Abi 1k naira fit feed your family for a month? 100$ alone will feed you and your family in the US for a month

You are a bloody liar and you know it. .

Although $1k is a big deal in US and many people's monthly salary in US so its definitely not equivalent to 1k naira
That guy that put 1k$ and 1k naira at same par should be sent to barrack for proper drilling

alphabbey1:
You are a bloody liar and you know it. .

Although $1k is a big deal in US and many people's monthly salary in US so its definitely not equivalent to 1k naira
That guy that put 1k$ and 1k naira at same par should be sent to barrack for proper drilling

@ the bolder is an exaggeration i gree, I just want make he realise how big 1k$ is ni.no vex

copyrites:


Not true. It's simply an enlightenment not a basis of comparison. USA enjoys some of the best infrastructure and systems in the world. There is no doubt about that fact.

What is there to enlighten. For what benefit is this so called " enlightenment to Nigeria. You want to enlighten but talking sbout the USA having the best infrastructure & systems in the world aas if this is a new thing to Nigerians. For what purpose is this enlightenment nitori olohun.

Nigerians should go to bed without food after your enlightenment. Dis man ,what is your aim, what do you actually want. What is the purpose of this enlightenment about the USA for people going through hell in their own country

For the clearance of doubt... this thread is useless, senseless & clueless. It can only come from Towns Halls enlightenment for emilokans

DatNiggaDaz:
What is there to enlighten. For what benefit is this so called " enlightenment to Nigeria. You want to enlighten but talking sbout the USA having the best infrastructure & systems in the world aas if this is a new thing to Nigerians. For what purpose is this enlightenment nitori olohun.

Nigerians should go to bed without food after your enlightenment. Dis man ,what is your aim, what do you actually want. What is the purpose of this enlightenment about the USA for people going through hell in their own country

For the clearance of doubt... this thread is useless, senseless & cluelessness. It can only come from Towns Halls enlightenment for emilokans

So you won't travel to America in hopes of picking billions on the street

DeLaRue:


It is actually a shocking information/news.

In most US states $1,000 can't pay for more than 1 month rent for a 2 bedroom apartment.

That means around 150 million people are in poverty or one step away from it.

And, unlike Europe, social benefits are not as generous in the US, so if these people lose their source of income, eg their job for any reason, they are in trouble.

In addition to having little to no savings, most Americans also have large debts so it's a double whammy.

For a country with a budget of about $800 billion just for defense, it is incredible that so many of its citizens are poor, homeless, can't afford medical care etc

This is a very serious social theory issue for a young country like Nigeria that still has the opportunity to shape how it wishes to develop going forward.

Is the US showing us that in the long run, unbridled capitalism and free markets concentrate wealth in the hands of too few people while condemning a large percentage of the population to near poverty? More like we already see in Nigeria where the gap between the rich and the poor is humongous.

Do we, as a country, need to look at the Scandinavian model and not the USA's 'You are on Your Own' model?

As a country, you should start with providing your citizens basic amenities before even trying to model yourself after anyone else.

Babssoo:
what do you mean by 1k$ is like 1k naira…can you buy a car with 1k in Nigeria? Abi 1k naira fit feed your family for a month? 100$ alone will feed you and your family in the US for a month

Lie. If you want to present a valid argument, take the time to learn facts and have a conversion app at your disposal.

DeLaRue:


You are not comparing like for like.

The truth is, as rich as the USA is, too many of its citizens are in a precarious financial position.

In real terms, somebody having $1000 in the US is probably the equivalent of having may be N100,000 in Nigeria.

To give you an example, an X-ray in the US will cost about $200 (N160,000) or more. The same X-ray taken with the same machine in Nigeria may cost no more than N25,000 ($30).

$1000 doesn't go far in the US.

Precarious positions? How many children in Nigeria go without food, medicine, and education every day just because the parents can’t pay? If you’re sacked from your job in Nigeria, can you receive unemployment and food benefits?
As for your x-ray example, The real difference is that you won’t be denied them-ray or held hostage because you can’t pay in the US. You’ll go home, get a bill in the mail, and have months and maybe years to settle the balance. Can that happen in Nigeria?