dreamxhaser:


But he can use the advantage on landed properties.

Also, if he works online. Nothing touches am.

Online hustlers should use this opportunity to buy landed properties before inflation reaches that side

yes

tete7000:


At least relative to time in question, the buying power of your money remains the same, it doesn't depreciate.

The buying power of your money (dollars ($)) remains the same.

Not naira that's almost turning to tissues paper

Abeg u guys should be explaining things properly 🙏

Taylor94:
Good for bitcoin



I just pray make Luno no swallow my coins because Omo even if it happens wetin I wan do



Before December I pray dollar get to 2k



Since we wanted a working government una say no



Any which way it will favor me oo


Thanks for bringing Tinubu the dullard

See ya life for outside

You don't have to be convince to start earning is USD 😴

BannedUser:


You have not said the part where, by saving in dollars, he now has ₦5.5m instead of ₦950,00

2014 - 2023 is about 9 years .

Bro, this might sound somehow , but 9years to make 4.4mill is a bit somehow in my ears

Secondly, there is a Lexus my friend in uni bought back then Lexus rx350 SUV silver color... I'm not kidding you ... he bought that car for 2.7 million...(2013)

Fast forward today, we recently priced that car... it goes for 6.4 million...

See , inflation is the main problem here.

Mtcheeew na una know wia una dey see dollar at da rate ...na still $1/#250 over here Apc rate oo members only

BannedUser:


You have not said the part where, by saving in dollars, he now has ₦5.5m instead of ₦950,00

Haba, can you even run a simple business?

Hahaha. I wonder what they are always on about. Difference go still dey.

INTEGRITYA1:


You didn't lose either for the fact that your property will still keep appreciating in value no matter what.

But if you have opportunity to do, I will encourage you to consider some other hottest investment zone like Ibeju-Lekki axis of Lagos and Epe. Go for Estates with already approved tittle documents. It will definitely pay off.

How did he not loose? He bought property when CAD was ₦550. Today CAD is ₦800. Assuming he bought the land at ₦10m that's CAD18K. Today are you saying that he can sell that land, one year after for ₦14m (CAD18K) today? Almost definitely not.

opamoses1:
Reno has something to say:

Rubbish let reno shut up abeg does the economy even favor local production no steady electricity nah wa oo

DLSReigns:
"Tinubu will handle the economy, Shetima will handle security " what went wrong pls. I guess I am missing something.

Didn't Buhari handle security and Osinbajo handle the economy?
You're not missing anything jare...

tete7000:


At least relative to time in question, the buying power of your money remains the same, it doesn't depreciate.

Except you are saving huge amount of money like 20million or something... you can really feel the diff .

Trust me , no matter how you save , be it in dollars , naira ,,or yen

High cost of living will not let you rest.
Now now , as we speak indomie is now 250 (super pack)... something I used to buy 150 just last year o!

Cant remember when last I had sardine since it left the price of 250 (2016) and jumped to 750 (2023)

Inflation! Inflation!! Inflation!!! Will not let you rest one bit .

Holy ghost fire where are you, some people are bent on killing the common man.

Kachidubem:

Does it still matter much... coz inflation will still chop that money.... lemme give you a quick example

In 2017, we used to buy PS4 console for 75k\85k... even if I had saved in dollars then... if I want to buy that PS4 today , it cost almost triple now self ,some sell for 200k plus

So what exactly did I gain... nothing much
So if dollar get to 3000 per dollar, expect the cost of things to triple also

The only way to check this is if earning power is increased in the same manner the devaluation occurred. That way you won't feel the impact and you will be able to afford it.

But the plan this APC govt have for those earning naira is to maintain the status quo as regards the earning power.

So even if Naira continued crashing to say N100,000 to $1, APC govt will make sure the person that was collecting N50,000 per month salary in 2017 will continue to collect same amount even if Naira gets devalued to N100,000 to $1. That time rice will N500,000 per bag. Now imagine the catastrophic disaster such plan will cause.

This hardship currently being experienced is just a tip of the iceberg to what is coming.


Those people earning Forex are fully covered.

Those earning naira, no matter your position or level in society, sorry for you remember I said earning not embezzling or Looting.

Taylor94:



Lol



You can’t see them in this kind of thread



If you wan see them mention Peter Obi they’ll fly like bats they’re

Those guys are no supporters. They are paid by the government to promote their popularity online. You think any sane person will support the government at this rate?

DLSReigns:
"Tinubu will handle the economy, Shetima will handle security " what went wrong pls. I guess I am missing something.

They put the goat to watch the yam.

I'm a gamer ... the price of PS4 console still remains the biggest example I can use , still remains a mystery to me

How something that was 70k just 2015 is now 200k plus

Normally, the price should even come down since it an old console but for where.

Inflation will not still let you enjoy that small money you save in dollars... except you putting something really huge.

nurex01:
Everyone will explain tire o because me self don't understand again.

What they are saying is that you, I and other Nigerians are getting impoverished, poorer on a daily basis.

VeeVeeMyLuv:

The only way to check this is if earning power is increased in the same manner the devaluation occurred. That way you won't feel the impact and you will be able to afford it.

But the plan this APC govt have for those earning naira is to maintain the status quo as regards the earning power.

So even if Naira continued crashing to say N100,000 to $1, APC govt will make sure the person that was collecting N50,000 per month salary in 2017 will continue to collect same amount even if Naira gets devalued to N100,000 to $1. That time rice will N500,000 per bag. Now imagine the catastrophic disaster such plan will cause.

This hardship currently being experienced is just a tip of the iceberg to what is coming.

Valid point .

I've never been a fan of salary anyways, I prefer business coz it just to easy to adjust your price of your commodity or service you rendering once there's inflation.

I don't really put in picture or have an idea of how salary earners do cope...but for business people , all man go just adjust dia price and keep floating

But this rate favoured me today sha. Received a payment in dollars, when the naira equivalent landed in my account, it was much more than I expected. At this point I envy remote workers, they are the real ballers. I need to take Upwork serious.

Now i know the reason y the phrase "so help me God" in our national plege

Sleekfingers:



I am telling you.....he made 36,000 is less than 10minutes.

bro please can u help me with any amount please 9060416134 Clifford opay

it not easy with me i swear im starving here no job

sorry for what that man did

opamoses1:
Reno has something to say:

Reno is a mad dog. The APC he is supporting today spends billions to acquire foreign cars every year. 🤦🤔

VeeVeeMyLuv:

The only way to check this is if earning power is increased in the same manner the devaluation occurred. That way you won't feel the impact and you will be able to afford it.

But the plan this APC govt have for those earning naira is to maintain the status quo as regards the earning power.

So even if Naira continued crashing to say N100,000 to $1, APC govt will make sure the person that was collecting N50,000 per month salary in 2017 will continue to collect same amount even if Naira gets devalued to N100,000 to $1. That time rice will N500,000 per bag. Now imagine the catastrophic disaster such plan will cause.

This hardship currently being experienced is just a tip of the iceberg to what is coming.


Those people earning Forex are fully covered.

Those earning naira, no matter your position or level in society, sorry for you remember I said earning not embezzling or Looting.

Business owners can still manage , important commodities like food , shelter will just adjust dia price

Landlord go increase him rent to keep floating etc

Salary earners , I don't have an idea

Yea... people earning in dollars here will also enjoy

Kachidubem:
I'm a gamer ... the price of PS4 console still remains the biggest example I can use , still remains a mystery to me

How something that was 70k just 2015 is now 200k plus

Normally, the price should even come down since it an old console but for where.

Inflation will not still let you enjoy that small money you save in dollars... except you putting something really huge.

It is not inflation, it is astronomic devaluation of naira under APC REGIME since 2015. These guys have continued to do bad job. Coupled with the fact that earning power was deliberately maintained at same level since 2015 levels. Had it been it went up across board, people would have still been able to conveniently afford as it was in 2015.

yarimo:
Stop posting senseless comment about dollars and Naira, focus on looking for TINUBU CSU certificate and mohbad case that is all

Lol, nothing concern me concern Mohbad or Tinubu cert. Yarimo focus on the downfall of naira.

Kachidubem:

Except you are saving huge amount of money like 20million or something... you can really feel the diff .

Trust me , no matter how you save , be it in dollars , naira ,,or yen

High cost of living will not let you rest.
Now now , as we speak indomie is now 250 (super pack)... something I used to buy 150 just last year o!

Cant remember when last I had sardine since it left the price of 250 (2016) and jumped to 750 (2023)

Inflation! Inflation!! Inflation!!! Will not let you rest one bit .

Poorer, poorer we are getting.
Even if you have 20m, you even feel it more. That money wount be 20m in the next 1 week! Besides only a crazy person will have that much cash and keep it in Naira.
2019 just before covid. 2m got me 2k pounds and $3k which I put in dom acct.
Today, that 2m cannot get me $2k.
6 months ago, I was broke, withdrew 2k and got ₦1,450,000. One and a half months ago I needed to complete sch fees for my ward, withdrew 2k and it gave me, ₦1,840,000. Today if I withdraw that same 2k it will give me ₦2,200,000! No be juju be that?
These apc characters are turning us to Zimbabwe, difference is that they were on sanctions Nigerians are not.

Taylor94:



Lol



You can’t see them in this kind of thread



If you wan see them mention Peter Obi they’ll fly like bats they’re

Cc: yarimo

VeeVeeMyLuv:


It is not inflation, it is astronomic devaluation of naira under APC REGIME since 2015. These guys have continued to do bad job. Coupled with the fact that earning power was deliberately maintained at same level since 2015 levels. Had it been it went up across board, people would have still been able to conveniently afford as it was in 2015.

Not a fan of APC one bit

But truth be told, inflation thing is worldwide , just that Nigeria own is bad

C.Ronaldo was the most expensive player on earth when real Madrid bought him from united , I think 85million...

Today as we speak, even average players like mason mount or even some goalkeepers cost over 100 million ... remember Ronaldo was the best player at that time Madrid bought him.

Inflation is the reason why average players cost that amount, things have gone up

Thou Nigeria own is bad

2 bad

callmevirus:


Lol, nothing concern me concern Mohbad or Tinubu cert. Yarimo focus on the downfall of naira.

wonders shall never end, so CSU certificate and mohbad case not longer concerned you? Obi and his supporters are really heartless group of people

nedekid:

Poorer, poorer we are getting.
Even if you have 20m, you even feel it more. That money wount be 20m in the next 1 week! Besides only a crazy person will have that much cash and keep it in Naira.
2019 just before covid. 2m got me 2k pounds and $3k which I put in dom acct.
Today, that 2m cannot get me $2k.
6 months ago, I was broke, withdrew 2k and got ₦1,450,000. One and a half months ago I needed to complete sch fees for my ward, withdrew 2k and it gave me, ₦1,840,000. Today if I withdraw that same 2k it will give me ₦2,200,000! No be juju be that?
These apc characters are turning us to Zimbabwe, difference is that they were on sanctions Nigerians are not.

Nigerians don't realise the shit they are in yet. People will toil, they will cry blood not just tears.

Except there is a change, only tears is what they have in stock for Nigerians.

See suicide rates in so-called happiest country of the world (sufferings and smiling) has by far exceeded world average, and we just entered the last quarter of the year.

pendusky:
Jesu...

So, someone actually in 2014 advised me to buy dollars and store... that if Buhari win dollar will double...

I didn't want to take that risk, Buhari that was promising us 1N/$, then in GEJ era it was 180-190/$ that's about N18k/100$

The guy took loan, buy more than 5,000 dollars and store in his account...

Last time I heard from the guy, he was on his way out of the country.

If you have money, buy dollar and store, in 2years, dollar will reach N3,000/$

please how can i go about this?