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If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. - Career - Nairaland

Nairaland ForumNairaland GeneralCareerIf Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. (33810 Views)

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If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Boxnaijatv(op): 2:47pm On Oct 27, 2024
Wahala!!! "If your salary is between 300k and 500k in Nigeria you are no longer in the middle class". - Man says


Fact or cap?

Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Corporate2020: 2:48pm On Oct 27, 2024
Boxnaijatv:
Wahala!!! "If your salary is between 300k and 500k in Nigeria you are no longer in the middle class". - Man says


Fact or cap?
You wey no get any job nko? Wetin you be?
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Bobloco: 2:49pm On Oct 27, 2024
Tinubu have successfully wiped out the middle class in just one year

It's either you are rich or you are poor

No middle class
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by SpiritMoney: 2:52pm On Oct 27, 2024
Bobloco:
Tinubu have successfully wiped out the middle class in just one year

It's either you are rich or you are poor

No middle class
And even the upper lower class is being eroded.... 🤦🏾‍♂️
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by SoftSport(m):
Clout chaser!

It's quite misleading to claim that someone earning a salary between 300k and 500k is poor.

Such statements seem designed to sensationalize issues and undermine the government's efforts.

While we acknowledge the economic challenges, a salary in that range can indeed provide a decent standard of living in Lagos or elsewhere in Nigeria.

It's essential to recognize the nuances of financial stability rather than reduce it to simplistic notions of wealth and poverty.

shocked
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Difrent: 3:25pm On Oct 27, 2024
SoftSport:
Clout chaser!

It's quite misleading to claim that someone earning a salary between 300k and 500k is poor.

Such statements seem designed to sensationalize issues and undermine the government's efforts.

While we acknowledge the economic challenges, a salary in that range can indeed provide a decent standard of living in Lagos or elsewhere in Nigeria.

It's essential to recognize the nuances of financial stability rather than reduce it to simplistic notions of wealth and poverty.

shocked
You dey mind them

Clout chasers that end up looking foolish
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by SpiritMoney: 3:33pm On Oct 27, 2024
SoftSport:
Clout chaser!

It's quite misleading to claim that someone earning a salary between 300k and 500k is poor.

Such statements seem designed to sensationalize issues and undermine the government's efforts.

While we acknowledge the economic challenges, a salary in that range can indeed provide a decent standard of living in Lagos or elsewhere in Nigeria.

It's essential to recognize the nuances of financial stability rather than reduce it to simplistic notions of wealth and poverty.

shocked
Please, can I ask a few questions? Do you work? Do you have a family you are taking care of?

Straightforward questions. Please answer. Cheers
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by SpiritMoney: 3:33pm On Oct 27, 2024
Difrent:
You dey mind them

Clout chasers that end up looking foolish
The same questions I asked above also go to you.
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by lecowas: 3:57pm On Oct 27, 2024
SoftSport:
Clout chaser!

It's quite misleading to claim that someone earning a salary between 300k and 500k is poor.

Such statements seem designed to sensationalize issues and undermine the government's efforts.

While we acknowledge the economic challenges, a salary in that range can indeed provide a decent standard of living in Lagos or elsewhere in Nigeria.

It's essential to recognize the nuances of financial stability rather than reduce it to simplistic notions of wealth and poverty.

shocked
Oga this one na grammar. The fact on ground is you cannot carry any shoulder if your salary is less than 1m in current naija.
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by greenermodels: 4:04pm On Oct 27, 2024
Na only God knows how we de take survive these days.
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by HappyPagan: 4:13pm On Oct 27, 2024
lecowas:
Oga this one na grammar. The fact on ground is you cannot carry any shoulder if your salary is less than 1m in current naija.
Even 1m dey struggle o..
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by faceland: 4:15pm On Oct 27, 2024
If you don't have dependence you are middle class.

If you have family, that is sorrow, stress and tears.
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Bamss1(m): 4:22pm On Oct 27, 2024
If 500k is poor those wey dey earn minimum wage nko?

I think your yardstick for the classification is wrong
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by SpiritMoney: 4:23pm On Oct 27, 2024
Bamss1:
If 500k is poor those wey dey earn minimum wage nko?

I think your yardstick for the classification is wrong
That is exactly the point... if you are earning minimum wage... you are not only very poor but filthy wretchedly poor if there's a term like that.
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by wirinet(m): 4:28pm On Oct 27, 2024
SoftSport:
Clout chaser!

It's quite misleading to claim that someone earning a salary between 300k and 500k is poor.

Such statements seem designed to sensationalize issues and undermine the government's efforts.

While we acknowledge the economic challenges, a salary in that range can indeed provide a decent standard of living in Lagos or elsewhere in Nigeria.

It's essential to recognize the nuances of financial stability rather than reduce it to simplistic notions of wealth and poverty.

shocked
It's not misleading. That's the reality of the Nigerian economy today. A family earning less than N500k (which is less than $300) per month is considered poor by today's economic matrix.
Except you have no children or other defendants, live in a single bedroom apartment in a poor neighbourhood, eat very poor quality food, no vehicle or generator, etc., you quality of life would be quite low.
When you consider the average cost of feeding an average family of 5, paying house rent for 2 bedroom flat in a fairly good neighbourhood, paying school fees for 2 or 3 children quarterly, paying for band A electricity or running a generator a few hours a day, maintaining just one vehicle, transporting to and fro from work or business, you will realise that 500k per month would not just be ebough.
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by ruggedtimi(m): 4:39pm On Oct 27, 2024
How many persons dey earn more than 500k
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by mightyhaze:
Facts..

Fuel alone can take more than 200k,how much more feeding and others


I better pass my neighbors no mean say u rich.. more than 70 percent of Nigerians are poor now
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Day169: 4:43pm On Oct 27, 2024
501k, nko? cheesy
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Deemas(m): 4:44pm On Oct 27, 2024
SoftSport:
Clout chaser!

It's quite misleading to claim that someone earning a salary between 300k and 500k is poor.

Such statements seem designed to sensationalize issues and undermine the government's efforts.

While we acknowledge the economic challenges, a salary in that range can indeed provide a decent standard of living in Lagos or elsewhere in Nigeria.

It's essential to recognize the nuances of financial stability rather than reduce it to simplistic notions of wealth and poverty.

shocked
You are stupid. Honestly, if I were to physically see you, it will be a case of 2 fighting. I don't think you are married with kids. Nonsense bigot like you.

The worst is to ban me.
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by id4sho(m): 4:46pm On Oct 27, 2024
Corporate2020:
You wey no get any job nko? Wetin you be?
Down trodden sad
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Deemas(m): 4:49pm On Oct 27, 2024
wirinet:
It's not misleading. That's the reality of the Nigerian economy today. A family earning less than N500k (which is less than $300) per month is considered poor by today's economic matrix.
Except you have no children or other defendants, live in a single bedroom apartment in a poor neighbourhood, eat very poor quality food, no vehicle or generator, etc., you quality of life would be quite low.
When you consider the average cost of feeding an average family of 5, paying house rent for 2 bedroom flat in a fairly good neighbourhood, paying school fees for 2 or 3 children quarterly, paying for band A electricity or running a generator a few hours a day, maintaining just one vehicle, transporting to and fro from work or business, you will realise that 500k per month would not just be ebough.
Don't mind the foolish teenager. It's a hot slap he/she needs
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Originakalokalo(m): 5:06pm On Oct 27, 2024
I hardly comment....

This is a sad reality.

I am in this range with 3 children....

Remove 300k from that post. Even with 500k, and three children, it is well with you....
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by amunkita(m): 5:07pm On Oct 27, 2024
The poster can be right depending on ur dependants.
I am speaking from experience, dependants are running me crazy as I type but I keep praying for a way out and hoping God blessing for my siblings...
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Kelklein(m):
Just to rephrase.. salary of 300k - 500k.. is just $175 - $195 in one month.. that is what people earn casually in one day in other decent climes.. doing blue-collar jobs not even white-collar jobs..

That guy speaking grammar above is a clown.. he doesn't deserve my quote.

According to a research by one institute in Lagos, only about 4% of Nigerians earn 200k and above. about 16% earn 100k - 200k.. 17% earn 50k and below. Over 20% earns nothing

It's a nation of highly impoverished populace.

P.S: For those quoting me for comparing out salaries with Dollar rate, your senses did not tell you that Human Capital Index worldwide is measured at the forex rate, Nigeria currently sits pretty at the bottom 10. When we say these things, it's those in Authority to understand the need to give the people a better deal.
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by helinues: 5:29pm On Oct 27, 2024
Let those who are earning above N300-N500 should resign then
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by sweerychick(f): 6:07pm On Oct 27, 2024
Bobloco:
Tinubu have successfully wiped out the middle class in just one year

It's either you are rich or you are poor

No middle class
nope rich and poor are in the same middle class of Tinubu regime. It’s either you are very rich or very poor in Nigeria
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by CodeTemplarr: 6:14pm On Oct 27, 2024
Now there is no rich man. There is good better best and some in-betweens.
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by Gadafii: 6:22pm On Oct 27, 2024
People earning less than 200k right now

Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by FourQu: 6:24pm On Oct 27, 2024
Corporate2020:
You wey no get any job nko? Wetin you be?
Na helinues you supposed direct this your question give undecided
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by FourQu: 6:25pm On Oct 27, 2024
helinues:
Let those who are earning above N300-N500 should resign then
What sort of engrish is this you're writing? undecided

That almajiri school you were forced to attend has really done a number on you cry
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by helinues: 6:26pm On Oct 27, 2024
FourQu:
What sort of engrish is this you're writing? undecided

That almajiri school you were forced to attend has really done a number on you cry
Stop wasting your life trolling me daily. Life is too beautiful to be wasting it away on senseless trolling
Re: If Your Salary Is Between 300k & 500k Now In Nigeria, You Are Poor. by FourQu: 6:28pm On Oct 27, 2024
helinues:
Stop wasting your life trolling me daily. Life is too beautiful to be wasting it away on senseless trolling
Me? Troll you?

😆 😂

You are practically everywhere on this forum dropping useless posts upandan. Why won't we stop to slap some sense into you whenever we encounter your nonsense?
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