₦airaland Forum

Henryfocoyo:
no dey answer all those people abg, always talking down on the currency
How many people are even seeing 100k a month in Nigeria.
Life is all about the class you place yourself, I can live a comfortable life right now and eat whatever I like for 2 months with 500k including my 3 three sisters, I don't go out like that so I don't drive all the time, why some people can't even manage 4m for a month for their up keep, life is different and that is how the cost of running individual lives are different, so don't judge others based on your extra spending lifestyle.
Is not enough for you doesn't mean is not gonna be enough for another person
Peace ✌️

ibabz:
welcome back to pre-1999.

wirinet:
E be like say APC don't inflict poverty mentality on Nigerians, so much so most people don't even understand what standard living means anymore. A family of 4 adults living on N500k for 2 months cannot live comfortably and eat anything they like. With that family income you would probably be living in a room and parlour in poor suburban neighbourhood, eating poor quality food that lacks protein on a diet of 101, flying danfo for transportation to work or business (that's assuming no school fees is involved).
A single egg is now now 300, a loaf of sliced bread is N1500. So how much will breakfast of eggs and bread with tea cost for a family of 4 adults? What's about a meal of beans and dodo, mind you derica of beans is N2500. A small bunch of plantain is N1500. We have not even considered cost of other ingredients like oil, pepper, etc., and gas to cook the beans. Rice and meat/chicken nko? The cost is the same. The N250,000 per month would barely be enough to feed well alone, not to talk of other expenses. I am sure if you guys should contact malaria or typhoid, na agbo or prayers you go use take cure am, because hospital bill for ordinary malaria and typhoid pass N10k per person. Original augmentine capsules now don reach N15k. If dem admit any of una for hospital for one night, just hold 50k.
Live a comfortable life and eat whatever you like indeed.

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

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.

Bamss1:
If 500k is poor those wey dey earn minimum wage nko?

I think your yardstick for the classification is wrong

Kelklein:
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.

Love800:
I thought nigeria had money then?

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.

preciouswoman66:
Boss this your analysis no too get head oo

Why you go dey convert salary payment for Nigeria to US dollar to explain our harsh reality? Na the same economy we get with US?

Abi you know the kind bill wey dem dey chest for that side??

Internet and globalization na really a curse and blessings too. Imagine a landlords demanding for house rent price similar to the ones in the USA?

So in summary, your point is understood and true according to what's on ground in Nigeria but that analysis of comparing US dsalary to ours na wash

Also that guy above still has a point too.

Sharpsharp00123:
so u pay house rent every month?
U pay school fees every month?

We know your type n I can bet u ain't even earning up to that in reality but all of Una want to form billionaire's online

We have family man earning 300k n they are good to go

ruggedtimi:
How many persons dey earn more than 500k

franchasofficia:
If a single young man with no wife, kids or parents to assist earns 300k a month, he is still a bit above the poverty line but very close to poverty line if he makes any slight mistake.


But any man with a wife and at least 1 child earning 300k a month in current day Nigeria is a poor man, his income will never sustain him and his family without depending on someone else or some illegal means of getting kickbacks from work. That is the sad truth in Nigeria now and reason many working class Nigerians engage in illegal transactions at their workplaces while some combine their job with online gambling, borrowing from friends, online begging, begging friends abroad, etc to augment their salary while you think they are okay

RevenuesBoost:
Fat Lie

ibabz:
Pre-1999 is an era where we had the extremely rich and extremely poor people. That is the era where few people could afford cooking gas, buy brand new car, board airplanes, own a telephone, etc. just to mention a few. You can add yours.

Difrent:
See how you still dey look foolish, chicken change that you don't earn abi

Dont LIE, you don't

The economy can't take all these figures you FOOLS bandy around....you will end up having few people at work and most people out of work and nobody wants that...... Let wages that can make most people remain on their job be the priority and not fueling some idiots ego

Originakalokalo:
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....

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?

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.

wirinet:
E be like say APC don't inflict poverty mentality on Nigerians, so much so most people don't even understand what standard living means anymore. A family of 4 adults living on N500k for 2 months cannot live comfortably and eat anything they like. With that family income you would probably be living in a room and parlour in poor suburban neighbourhood, eating poor quality food that lacks protein on a diet of 101, flying danfo for transportation to work or business (that's assuming no school fees is involved).
A single egg is now now 300, a loaf of sliced bread is N1500. So how much will breakfast of eggs and bread with tea cost for a family of 4 adults? What's about a meal of beans and dodo, mind you derica of beans is N2500. A small bunch of plantain is N1500. We have not even considered cost of other ingredients like oil, pepper, etc., and gas to cook the beans. Rice and meat/chicken nko? The cost is the same. The N250,000 per month would barely be enough to feed well alone, not to talk of other expenses. I am sure if you guys should contact malaria or typhoid, na agbo or prayers you go use take cure am, because hospital bill for ordinary malaria and typhoid pass N10k per person. Original augmentine capsules now don reach N15k. If dem admit any of una for hospital for one night, just hold 50k.
Live a comfortable life and eat whatever you like indeed.

harmargedon:
can you define poverty for me?

greenermodels:
Na only God knows how we de take survive these days.

Sharpsharp00123:
so u pay house rent every month?
U pay school fees every month?

We know your type n I can bet u ain't even earning up to that in reality but all of Una want to form billionaire's online

We have family man earning 300k n they are good to go

greenermodels:
Na only God knows how we de take survive these days.

Kelklein:
But me and you live in a country where 99.9% of the vehicles with all drive are imported. Shey na with Naira dem dey import am.

Where 99.9% of the clothes we all wear including the okrika are imported.. shey na with Naira dem dey import am.

Where 100% of the phones me and you are using to argue now are imported.

Where the current government is currently pricing our energy in dollars (the socalled international rate) converted..

Over 75% of our lives is run by that greenback, but when it comes to wages, you all think it's OK to settle for peanuts?!?!

Are you aware that Nigeria has one of the least paid people in the world (Google it) couple with one of the highest unemployment rate given the population.

When we say these thing, not for any personal reasons, just for those on Authority to know that they need to do better. The people deserve more than they get.

authority2006:
May be you should tell us your own definition of poverty if you don't agree with the ones you are taught in school or the ones on the internet

Day169:
Mods!
.. this 'vawulence' is just too much! I only asked a "kweshun." It's a breech of community rules!!