See What Floating Of The Naira Has Caused - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › See What Floating Of The Naira Has Caused (375 Views)
| See What Floating Of The Naira Has Caused by David0002(op): 8:28am On Feb 19, 2024 |
One of these can pay house rent, while the other cannot afford a loaf of bread.
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| Re: See What Floating Of The Naira Has Caused by malali: 8:46am On Feb 19, 2024*. Modified: 9:04am On Feb 19, 2024 |
Do you know what you have to do to earn a 100 DOLLARS ? Healthcare: Go to the hospital in the dollar country, ordinary headache they will charge you $350 after insurance deductions and co-pay. In Nigeria, there is no hospital that will charge you $10. Some hospital visits abroad can cost you $50000. (Giving birth with C/S, 1 or 2 days of ICU). In Nigeria you wont spend $500. Education: Come and study in dollar economy let them give you loan with 7% percent compund interests, you will work and die without finish paying for such loans. In Nigeria people study for free and "japa" Thats essentially free human capital, No country in the world allows there manpower to JAPA free of charge. Public Transportation: Compare the airfares and bus fares, $500 tickets is europe or america if you buy last minute, is a cheap ticket. In naija you can walk into Abuja airport and fly to Lagos last minute, with $100. Utilities: Electricity, power and water, Have you paid water bill, heating bill $800 before ? You are comparing dollar to naira ? Telecommunications: Even Internet costs are comparable, phones services, standalone phone servces can cost up to $120 plus taxes for a month. Do you pay that much to sub your phone in a month ? Certain Agricultural Products: Agricultural produce are cheaper in Nigeria, than any dollar economy. A big Mango can be $3-4, Have you ever bought 1 mango for 5000naira ? Meat is cheaper in Nigeria, food stuff even with the cry is still cheaper than abroad. Would you rather earn $5000 and have to spend $4995 for bills and living. Or earn 100,000 naira and spend 50000 naira for bills and living ? |
| Re: See What Floating Of The Naira Has Caused by David0002(op): 9:02am On Feb 19, 2024 |
malali:What I know is that there was a time when the dollar was equivalent to 1naira or even less. |
| Re: See What Floating Of The Naira Has Caused by malali: 9:07am On Feb 19, 2024 |
David0002:There was a time you were walking around in diapers. The dollar grew in a healthy fashion The naira's growth has been stunted by looting, corrupt politicians, lack of diversification.....Now the naira is an adult with stunted growth. |
| Re: See What Floating Of The Naira Has Caused by ambale(m): 9:17am On Feb 19, 2024 |
malali:You spend 50k for living in Nigeria? Try dey lie small small ooo Ordinary to power your house make heat no kill you sef don pass like 70k, so what are you saying exactly? |
| Re: See What Floating Of The Naira Has Caused by princepeter566: 9:20am On Feb 19, 2024 |
With 20 stroke of cane some tinubu supporters are getting a loaf of bread in lagos. I don't know if they have increased it to 50 stroke per loaf. |
| Re: See What Floating Of The Naira Has Caused by KingKO22: 9:38am On Feb 19, 2024 |
princepeter566:Chinedu cry cry 😂😂😂 I have seen about 20 threads only this morning where IPOBidients cry and wail like a criminal facing death sentence. |
| Re: See What Floating Of The Naira Has Caused by KingKO22: 9:40am On Feb 19, 2024 |
Pandora Obituary container importation business is one of the reasons why Naira has no value. 70% of containers importation goes to SE meaning that SE is the major problem of Nigeria economy. Until we stop this importation, nothing can improve |
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