Top 10 Things Nigerians Spend Their Money On Amid Hardship - Family (5)

Top 10 Things Nigerians Spend Their Money On Amid Hardship - Family (5) - Nairaland

Nairaland Forum › Nairaland General › Family › Top 10 Things Nigerians Spend Their Money On Amid Hardship (53465 Views)

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Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by GiZcorp: 1:33pm On Nov 10, 2024

Who is still buying clothes huh

Your list is devoid of realism

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by frankputer: 1:34pm On Nov 10, 2024

datola:
What kind of data in percentage is this

The guy is disconnected with statistic.
At least basic pie chat circle to get 100% of how the
Money are spent till 100%

1 Like

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Exousiang01(m): 1:34pm On Nov 10, 2024

TJOS:
What HMO would you recommend for a family person who previously used an HMO under a company’s umbrella but has stopped working?

I am not into insurance.
I personally use reliance which might be expensive.
my i did a cover for my uncles family recently, I don't know much it cost in total but PA who handled it said its one of the cheapest, I mean mycovergenius... I think it's about 3k per person and it cover maternity, up to about 20 different surgeries, pharmacy worth about a 100k etc.
You can check them out and get a quote. It was Flexi my PA said she did can't remember exactly how much....
But personally Reliance is best, more expensive tho

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by EmekaA125(m): 1:36pm On Nov 10, 2024

It's quite unfortunate. Nigeria is no longer affordable.

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Exousiang01(m): 1:36pm On Nov 10, 2024

Hopez456:
This is so annoying and unbelievable that many Nigerians don't know about insurance.
There are HMOs as low as 5k monthly, Lagos State has one Ilera Eko for 12k thereabouts for a whole year.
Lots of enlightenment is needed!

Even the FG NHIS which is as good as free, Nigerians don't use it.
I don't understand us in Nigeria

1 Like

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by GigFc(m): 1:37pm On Nov 10, 2024

Richtaiwo:
I don't understand this ratio.

83% of my income on food, 48% of same income on transportation, 38% of still same income on Bills and Utilities, yet again clothing is taking 35% of same income and the rest.

Shouldn't the total percentage be 100? I'm not understanding this analysis.

You took the words right out of my mouth. Unless the extra percentages will come from illegal kickbacks different from normal income

2 Likes 1 Share

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Love800(m): 1:38pm On Nov 10, 2024

What is HMO?

Exousiang01:
Private HMOs go for as low as even 2k per person for a month. a family of 4 will be 8k a month. For me it does not even have to company HMO every responsible man should have a health insurance cover. It's cheaper. What happens when his child falls ill in the middle of the month when all the money he has left is for transport to and fro work?
People need to be made to understand these things, they don't know that HMO is cheaper that walking into the hospital and paying bills...
some 2k HMO even cover surgeries, depends on the provider

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Love800(m): 1:39pm On Nov 10, 2024

Abeg wetin be HMO?

TJOS:
I hope your message reaches many people. Most individuals are not well-informed about this situation, and given the current times, many are focused on survival. Suggesting that someone struggling to find food should invest in HMOs is a misplaced priority; they will tell you that hunger is their greatest concern.

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by maasoap(m): 1:44pm On Nov 10, 2024

TJOS:
I disagree.

Internet connection should be considered the number one utility and should stand as a separate bill from other utility expenses. Even during challenging times, people rely on social media to stay connected. Additionally, job seekers are increasingly active online in their job searches.

What are you disagreeing with here? It wasn't put among the items. It could be number 3 or 10 if it was put among the items but it wasn't listed

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by maasoap(m): 1:46pm On Nov 10, 2024

datola:
What kind of data in percentage is this

U see am too?

1 Like

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by JikSneh: 1:46pm On Nov 10, 2024

I spend 350k in only fuel in a month

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by AngelicBeing: 1:51pm On Nov 10, 2024

Richtaiwo:
I don't understand this ratio.

83% of my income on food, 48% of same income on transportation, 38% of still same income on Bills and Utilities, yet again clothing is taking 35% of same income and the rest.

Shouldn't the total percentage be 100? I'm not understanding this analysis.

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Boss1960: 1:56pm On Nov 10, 2024

an hungry man is an angry man most Nigerians literally spend their whole money on food

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Cajal(m): 2:04pm On Nov 10, 2024

Senkasa:
Tulumbu till 2094. Tulumbu is working. Be patient Nigerians

Trump to the world ✌🏿

Trump and Tinubu.... temporary pain

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Mpanyi: 2:06pm On Nov 10, 2024

datola:
What kind of data in percentage is this

God bless you

1 Like

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by FutureFocus: 2:07pm On Nov 10, 2024

Richtaiwo:
I don't understand this ratio.

83% of my income on food, 48% of same income on transportation, 38% of still same income on Bills and Utilities, yet again clothing is taking 35% of same income and the rest.

Shouldn't the total percentage be 100? I'm not understanding this analysis.

Its the new confusionisto formula in African Mathematics Sir

1 Like 1 Share

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by lexczy(m): 2:09pm On Nov 10, 2024

Richtaiwo:
I don't understand this ratio.

83% of my income on food, 48% of same income on transportation, 38% of still same income on Bills and Utilities, yet again clothing is taking 35% of same income and the rest.

Shouldn't the total percentage be 100? I'm not understanding this analysis.

That's true, but the percentage for each sector of expenditure varies for each and everyone of us. Also, not everybody spends money on each area of expenditure.

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by NamelessOGBENI(m): 2:15pm On Nov 10, 2024

datola:
What kind of data in percentage is this

1 Like

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by kay29000(m): 2:15pm On Nov 10, 2024

datola:
What kind of data in percentage is this

Same thing i was thinking.

1 Like

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by lokito: 2:18pm On Nov 10, 2024

dre11:
Here’s a look into the top ten expenses Nigerians prioritised their money on in 2024.

https://www.vanguardngr.com/2024/11/top-10-things-nigerians-spend-their-money-on-amid-hardship/

The writer of this article should be an apprentice. You'd have made sense without using percentage

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Omalicious1: 2:20pm On Nov 10, 2024

dre11:
Here’s a look into the top ten expenses Nigerians prioritised their money on in 2024.

https://www.vanguardngr.com/2024/11/top-10-things-nigerians-spend-their-money-on-amid-hardship/

Very true

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Free2Fly: 2:27pm On Nov 10, 2024

AntiChristian:
If I didn't manufacture any soldiers then may you be cursed!

In fact, may people who do not know you tell big lies against you!

Your defense lines are not working, jihadi boy grin

Curse jihadists and i will believe you didn't manufacture any jihadi soldier in the north and elsewhere

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by lebete3000: 2:28pm On Nov 10, 2024

dre11:
Here’s a look into the top ten expenses Nigerians prioritised their money on in 2024.

https://www.vanguardngr.com/2024/11/top-10-things-nigerians-spend-their-money-on-amid-hardship/

This just proves that it's better to open a healthcare facility than a bar or pub.

But the money to start na the Koko.

Shey 3 million go fit open bar for this Naija so?

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by InvertedHammer: 2:28pm On Nov 10, 2024

/
#7 is low because hospital bills are expensive.

People prefer to die under the false promises of pastors than spend money on hospitalization.

/

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by stanisbaratheon: 2:30pm On Nov 10, 2024

Very sad.

We now have a situation where a large percentage of our salaries is used for feeding. Imagine working just to feed yourself with little money to save. Terrible.

A 9 inch block is sold for 1100 in my area. How can the next generation build houses?

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by MeetDx(m): 2:32pm On Nov 10, 2024*

Richtaiwo:
I don't understand this ratio.

83% of my income on food, 48% of same income on transportation, 38% of still same income on Bills and Utilities, yet again clothing is taking 35% of same income and the rest.

Shouldn't the total percentage be 100? I'm not understanding this analysis.

You dey mind yeye people with statistics.. their own come be like say no be mathematics again!

1 Like 1 Share

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Dhury: 2:33pm On Nov 10, 2024

Senkasa:
Tulumbu till 2094. Tulumbu is working. Be patient Nigerians

Trump to the world ✌🏿

Dan bello be carefull which one is tulumbu

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by TJOS(m): 2:33pm On Nov 10, 2024

Love800:
Abeg wetin be HMO?

Health Maintenance Organisation a.k.a. Health Insurance.

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by highness25(m): 2:35pm On Nov 10, 2024

dre11:
Here’s a look into the top ten expenses Nigerians prioritised their money on in 2024.

https://www.vanguardngr.com/2024/11/top-10-things-nigerians-spend-their-money-on-amid-hardship/

11: Bet

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by TJOS(m): 2:35pm On Nov 10, 2024

Exousiang01:
I am not into insurance.
I personally use reliance which might be expensive.
my i did a cover for my uncles family recently, I don't know much it cost in total but PA who handled it said its one of the cheapest, I mean mycovergenius... I think it's about 3k per person and it cover maternity, up to about 20 different surgeries, pharmacy worth about a 100k etc.
You can check them out and get a quote. It was Flexi my PA said she did can't remember exactly how much....
But personally Reliance is best, more expensive tho

Thanks, I'll make more research on it.

Re: Top 10 Things Nigerians Spend Their Money On Amid Hardship by Johandel(m): 2:38pm On Nov 10, 2024

Where is sports betting?

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