Itsrm:


They told me in my sons school he was always looking at his classmates when they munch their snacks and advised we also buy for him.

I had no choice. Is it really luxury? What alternative do I have. Tell him not to look at them when they eat?

Itsrm:


I think the state of the economy is now making us see basic things as luxury. Cooking with gas will soon be luxury. People will be advised to cook with firewood

Theflint1:
600K is a lot of money, but it's not so much really.

TYPICAL MONTHLY EXPENSE FOR A FAMILY OF FOUR ( BOTH KIDS ABOVE 3 YEARS)
NEPA + Fuel for house - 30K
Rent per month (2 bedroom flat) - 65K
Fuel for the family car - 60K
Feeding for family, including base food the kids take to school - 120K
Snacks for kids to school - 16K
Toiletries - 10K
School fees for both kids per month - 50K
Black tax - 15K
Clothing allowance for the family - 20K
DSTV Compact - 14K
Data for family - 20K
House bills - 5K
Car maintenance per month - 10K
Offering - 5K
Miscellaneous - 40K

TOTAL - 480K

I might be forgetting a thing or two, but in my opinion, this should be about monthly expenses for a lower-middle to a proper middle-class family, especially in Lagos (mainlands of mainland ).

Amigoss:


The man no get SIdechicks?

I wonder the expenses of a polygamous men these days

Ibime:


What is black tax?

Jodera:
Lol... I'm talking middle class here.

I grew up going to pry sch in the early 2000s and I'll grade my parents(esp my dad as a little above middle class) and the pry school I went to is a Catholic school in Abuja. The school fees is high wrt the other schools my peers were going (as at 12k when I graduated in pry sch and other schools as at then ranges between 4-7k) yet I don't take snacks to school. The only people bringing snacks alongside food were the very rich kids and you can easily spot them. I dunno about now but even my uncle that sends his kids too doesn't add snacks to it and no, it's not a public school.

It's all about instilling it sha. If our parents hear that we beg or look person food longingly, we don die for house that day. And God bless you first let you steal.

Well, everyone with the way they view things sha cos we were actually taught that taking snacks alongside food is luxury. And funny enough, every of my siblings and uncles are following that approach. It's a big reason I found it surprising hearing it here, I never knew it's now normalised.

As for the TV part, I still see smart TV as luxury. Most average/middle class families I know of, only few uses smart TV. Most na all these wall mounted plasma TV. It can be wide too. Shey no be just to watch TV and dstv mostly ni

BlueRayDick:


I attended primary school in an area that’s not even considered urban in Lagos state yet almost all the kids came to school with snacks . Those who don’t come with snacks either come with cash to buy during break time or beg from others .

My parents do not believe in handing a minor cash for whatever reason , so we go to school with our own snack from home coupled with lunch . To me that’s not in any way luxury . Even when I serve for a federal government owned boarding secondary school , the students there could still afford snacks like fish roll, egg roll, wara and the likes despite having their lunch covered by their boarding fees .

So I find it strange that u see snacking as luxury .

As regards Smart TV , I still don’t understand why u see it as luxury sha . In fact I see it as if u are saying using a Windows 10 PC is luxury in 2024 when there’s windows 7 or Windows XP.

Jodera:


Lol... This one different na

Any any how sha, God punish APC govt. Na dem cause this thing

Itsrm:


Na the koko gan be that. I remember DSTV compact was N5,000 in 2015 and with it, I could watch all premier league matches. I think they even used to have a subscription of 1500 at the time.

Now I'm forced to pay 19,800 to watch the same thing I was watching with 5k and with the devaluation of the currency, only God knows what they have in store for us.

izzou:
2008 Corolla = 6.3 million

In Mercy Chinwo's voice, "Tinubu, you do this one"


https://www.nairaland.com/7994656/toyota-corolla-2008-le#128351466

izzou:
2008 Corolla = 6.3 million

In Mercy Chinwo's voice, "Tinubu, you do this one"


https://www.nairaland.com/7994656/toyota-corolla-2008-le#128351466

BlueRayDick:


The devaluation has affected a lot of things that people are not even talking about.

Early this week I worked on a procurement which we processed this same time last year when we overvalued the dollar at N700/1$ (out of our own volition ) .

That same transaction we had to value at N1500/1$ out of necessity now.

I had to do analysis/shalaye in the mail to the oyinbo oga that was going to approve it for him to see that the dollar value remains the same but na naira don pafuka shoot the price up to an increase of 114% of what it was last year in naira .

I fear people will lose jobs in the private sector in the coming months ; especially in companies where they don’t really have a working organized union . Promoters of companies will explore retrenchment as means of staying afloat . A lot of companies will even default on credit facilities ; banks’ business recovery units go tire sef

izzou:
2008 Corolla = 6.3 million

In Mercy Chinwo's voice, "Tinubu, you do this one"


https://www.nairaland.com/7994656/toyota-corolla-2008-le#128351466

Ellexy:
Just watched the clip this morning and I couldn't believe what I was hearing. Like he bluntly told Nigerians to squash any hope they have this presidency can deliver progress and prosperity to them.

larride:


Bla bla bla

Dissclown, put your money where your fingers/mouth/analysis is.

Let's stake 500k.

Tinubu will WIN all the SW state comfortably. Any state that he fails to win by less than 100k votes, you win.

Jodera ibime nihilstjnr raumdueter blueraydick oasis007 afrodoc afrodoc2

We need witnesses.

BlueRayDick:


CEO of "I no go gree" records jam Chairman of "We die dia" group of companies

Segedinho:
Just bought NAN 1 for #5700...I bought it #4900 5 days ago....


😫😫😫

Itsrm:


I heard most companies mark up their procurement with a 300 naira premium just to guard against devaluation. Like as dollar is around 1500 now, they wiill record it as 1800 in their books. The real shege will start when new products hit the market.

OasisX:


....I don't buy idea of distributing, rather make it available across the country at fixed rate. For example, a Bag of Rice should be sold for ₦20,000 and no one should be allowed to buy more than a bag at a time.

Get Representatives to handle the sales across all LGs, but make sure EFCC, ICPC and DSS are part of the team as well.

LG Secretariats can temporarily be made selling points.

Itsrm:


Wait till you see new prices. This one was likely bought two months ago.

Moderately accidented units will go for 8.6-9m for this same car. Just be patient, you'll soon see it

I grew up knowing a car as a liability, and not an asset.

APC turned cars to assets. Instead of it to depreciate, it appreciates

People who bought their Corollas for 1.8 to 2m, flogged it for 4 years, are now selling the same car for 3.1m

OasisX:


.....if we import directly from Thailand, it won't be up to that bro. A 50kg of Rice is less down ₦30k in Benin Republic.

I remember when Baba Oyoyo first banned Rice Importation, Thailand reached out to us for a deal but Baba ignored.

We can reach back to them for reasonable deal now. Import directly, Government to Government, from Thailand.

Incognito9:
Evening guys

Please the below Pic is a money someone sent to me today. Since 12pm I haven't received the money.

Please can someone confirm for me wether this transfer receipt from palmpay is real or fake.

Nah my opay account details I gave him.

DissTroy:

Trevor012:
DSTV Compact - 14K

Data for family - 20K

Offering - 5K 😂

Snacks for kids to school - 16K 😂


People wey dey raise Ajebutters full here

izzou:


So 700k cannot get me a 2 bedroom in Igando, Ikotun, Alimosho, Iyana Ipaja, Egbeda, Shasha

It has to be Ikorodu abi?

Let that guy keep dropping Lamba

Melvyn11:

Seems fake

GloriousGbola:


How much is warm stout? Make we save small money.