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Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? - Travel (3) - Nairaland

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Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by alezzy13: 4:46pm On Jan 14
chatinent:
sad

17k? I'm guessing this was late 70s early 80s. You should note that was probably the yearly salary of mid level civil servant

1 Like

Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by judedwriter(m): 4:47pm On Jan 14
17k was big money then.

You could buy a Mercedes Benz then with 10k.

2 Likes

Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by mariovito(m): 4:47pm On Jan 14
chatinent:
It's so sad what Nigeria has become. Can the poor be rich?

Yes!

The thing is, there'll always be poor and rich.

What we should fight and strive for is bridge and reduce the gap between both extremes
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by thatigboman: 4:48pm On Jan 14
mariahAngel:
In what year was this?
It was still very expensive in my opinion.

I dare say it is easier to be rich (or at least well off) now than before, because the opportunities that are available now were not in those days.
u don't know the year but u think it is expensive. Wonders shall never end.
U want the flight to be free?
Do u know that lagos-new york return ticket now costs more than N4M? And u are saying that 17k for a year u don't know is expensive.
Even these food u cook and sell for 3k, 4k cost 2kobo, 5kobo those days.

1 Like

Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by loswhite(m): 4:49pm On Jan 14
ThierryJay:


This your analysis no too clear. Let's keep it simple. Both our minimum wage and air fares are in Naira.

In 1985 when minimum wage was 125 Naira, you needed to earn it 139 times to afford the Lagos to New York ticket then.

Now with min wage of 30k and average lag to NY ticket of 2 to 2.5 million Naira, you will need to earn 66 to 81 times the current min wage to afford the ticket.

Seems like it was way more expensive back then.

Flight tickets is not determined by naira but foreign currency so you need to factor the exchange rate.
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by Niok: 4:49pm On Jan 14
How did our currency's worth regressed so bad damn
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by MrDoGood(m): 4:52pm On Jan 14
It's same thing now. do your calculation
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by ehikwe22: 4:54pm On Jan 14
tonicyril:
So how much was the average salary and minimum wage then...find that out and let do the percentage if they are on par or not..

That is when we can know Wat to say

No be to dey show us 17k for flight as if 20k was the minimum wage then
What has minimum wage got to do with international flight? I paid about Euros 2,000 from Europe to Lagos. What % is the minimum wage to this if you convert to naira? Europe is just at the backyard compared to New York
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by NairaMaster1(m): 4:55pm On Jan 14
chatinent:
It's so sad what Nigeria has become. Can the poor be rich?

Yes the poor can be rich.
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by NairaMaster1(m): 4:56pm On Jan 14
mariahAngel:
In what year was this?
It was still very expensive in my opinion.

I dare say it is easier to be rich (or at least well off) now than before, because the opportunities that are available now were not in those days.

Seconded

1 Like

Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by justmondris: 4:57pm On Jan 14
mariahAngel:
In what year was this?
It was still very expensive in my opinion.

I dare say it is easier to be rich (or at least well off) now than before, because the opportunities that are available now were not in those days.

I don't understand what you are saying. Things are very expensive in Nigeria because of inflation and poor governance and not because more people are wealthy. An average Nigerian man does not have 200k in his/her bank account or any form of investment. Are you now saying that the reason why 1 USD = 1200 Naira is because we have more rich people in Nigeria now than when the exchange rate was 700 or 400 Naira?
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by tonicyril: 4:57pm On Jan 14
ehikwe22:

What has minimum wage got to do with international flight? I paid about Euros 2,000 from Europe to Lagos. What % is the minimum wage to this if you convert to naira? Europe is just at the backyard compared to New York
Europe was also at the backyard then when a whopping 17k was paid for flight, even when minimum wage was below 120naira

2 Likes

Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by Emeka71(m): 4:58pm On Jan 14
chatinent:
It's so sad what Nigeria has become. Can the poor be rich?
Anyhow sha.
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by nairalanda1(m): 4:58pm On Jan 14
1Alex:
Nigerians started buying tokumbo vehicles in 1987. Before then, everyone was buying brand new vehicles straight from the dealership.

It wasn't because they could afford it.

For many people what happened was that if you worked for government, they would pay you a car loan. EMPHASIS ON LOAN...because that money was not dash. You had that money paid back from yer salary.

Sometimes the money won't be enough for a car of your taste. My pater back in 1981, he had his car loan come in, but he wanted a better car, so he borrowed more money to make it up..and bought the car.
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by Funkyswagzz(m): 4:59pm On Jan 14
mariahAngel:
In what year was this?
It was still very expensive in my opinion.

I dare say it is easier to be rich (or at least well off) now than before, because the opportunities that are available now were not in those days.

This was around 1970's then the exchange rate to dollar was around $1 to 0.71naira. If you check the price of mercedes Benz as of then it should be as low as 10,000. But today a new mercedes Benz should cost more than 6m. That 10,000 is equivalent to 16m today. Our father was able to afford best quality when he wanted to build his house buh now u have to spend not less than 150m or 200m to build such house

2 Likes

Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by NairaMaster1(m): 5:00pm On Jan 14
ThierryJay:


This your analysis no too clear. Let's keep it simple. Both our minimum wage and air fares are in Naira.

In 1985 when minimum wage was 125 Naira, you needed to earn it 139 times to afford the Lagos to New York ticket then.

Now with min wage of 30k and average lag to NY ticket of 2 to 2.5 million Naira, you will need to earn 66 to 81 times the current min wage to afford the ticket.

Seems like it was way more expensive back then.


Seconded
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by ehikwe22: 5:01pm On Jan 14
tonicyril:
Europe was also at the backyard then when a whopping 17k was paid for flight, even when minimum wage was below 120naira

How do you know what year the photo was taken? There was no time in history that our minimum wage was about $30 as it is now. So if anything, it was by far more affordable back in the days than it is now going by minimum wage because flights are priced in dollar.


Do you know that minimum wage used to be almost $300, $200, then $100 until less than $30 that we have now?
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by Tranquility2345: 5:03pm On Jan 14
tonicyril:
So how much was the average salary and minimum wage then...find that out and let do the percentage if they are on par or not..

That is when we can know Wat to say

No be to dey show us 17k for flight as if 20k was the minimum wage then

Don’t mind these idiots. Very lazy youths! angry

1 Like

Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by occfx: 5:04pm On Jan 14
chatinent:
sad

When the white thought we were human beings
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by tommy589(m): 5:07pm On Jan 14
tonicyril:


Thanks..so how many 120naira can we find in 17k??

And how many current minimum wage can we find in todays flight charge to the same destination??

The minimum wage of 120 naira was no longer in effect with this airfare

Here is 2015 thread on same topic and you get to see a contributor listing each year and corresponding official exchange rate plus parallel market

https://www.nairaland.com/2194119/check-out-throwback-pix-nigeria

https://www.refworld.org/docid/3ae6ab0a28.html

View the above link to see 1993 cost of Lagos-New york in dollar. This is proof that the air fare price was in the 90s and minimum wage was already higher

1 Like

Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by DeepSight(m): 5:07pm On Jan 14
mariahAngel:
In what year was this?
It was still very expensive in my opinion.

I dare say it is easier to be rich (or at least well off) now than before, because the opportunities that are available now were not in those days.

You simply don't know anything. Probably a teenager.
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by Donaldoni: 5:11pm On Jan 14
The Naira was stronger than the dollar at the time

N17,430 x NGN800(FG budget exchange rate) will give a fair idea of the value of that ticket today.

Very expensive flight ticket at the time! angry
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by Blitzking: 5:17pm On Jan 14
My sad sold a house in 1999 for 2m...now that same house is 100m...so yes this should be in late 90s or early 2000s
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by Menclothing: 5:22pm On Jan 14
When car was sold 6k
Minimum wage 25 Naira
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by nizelgirl(f): 5:26pm On Jan 14
Op. That mount as at then can buy plots of land or even buy a car. I grew up to see my late father owning hectares of land which he bought with less than 300.

1 Like

Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by quickee: 5:29pm On Jan 14
chatinent:
sad

The prodigal generation destroyed everything. They stole and plundered to create a dichotomy between them and the masses. They built a future for their families abroad while they continue to use sycophants to support their selfish political ambitions.
I pity those whose heads are empty to comprehend this. You continue to support your oppressors while you live from hand to mouth. Their own children are spending big outside the country and you are here shouting.
You go understand last last.
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by CommonSense1967: 5:32pm On Jan 14
17K for a ticket from Lagos to NY in what year?

I bought my one-way ticket from Lagos to NY in 1987 for N300, on Nigeria Airways.

The world has changed, stop comparing old prices to now.
How much was NY to Atlanta in 1987 to what it is now? Not comparable.

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Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by Lukss: 5:33pm On Jan 14
That money also had a lot of value then...
chatinent:
sad
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by ekhai(m): 5:35pm On Jan 14
tommy589:


People were contented with the little they had and basically lived within their means

Unlike today,7 crates of coca cola products was enough for young working couple to organise their marriage ceremony. But this fare was in the 90s

@ tonicyril, Shagari increased the minimum wage to 120 naira

THAT FARE CAN'T BE IN 90s.
Re: Lagos-New York Flight Price Throwback: This Was Nigeria. What Do You Think Now? by imagrg(m): 5:37pm On Jan 14
Cry, my beloved country!😪😪😪😪😪

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