₦airaland Forum

helinues:
How is that your life's headache, must everyone labour in vain?

Stop using poverty thoughts to be engaging us

helinues:
Unfortunately I didn't read your epistle at all.

Educationalserv:
na person wai eat balance diet dey fit read .
Person wai TInibu Disaster don finish cannot

Ablesam171:
Let’s be honest with ourselves, this is far from the truth. The actual situation is much worse than what’s being claimed.

I’m no math expert, but I’ll break it down as I see it. If you claim ₦1,000,000 is now worth ₦100,000, that implies a reduction of about 0.1%. But in reality, (base on prices of regular household commodities) the decline has been far more drastic. From 2015 to now, the value of money has dropped by over 1,000% (0.001%) which is actually more than the 0.1% that was state In my estimation, ₦1,000,000 in 2015 is barely worth ₦50,000 today, based on the prices of everyday household items.
Let's even leave prices of cars and luxuries lets use regular daily needs of Nigerians.

How much did Sunflower oil cost in 2015 compared to now?

Let’s look at the numbers:
Spaghetti (500g Golden Penny): In 2019, it was ₦150 (retail); today, it’s ₦1,500.
Sunflower oil: In 2019, ₦3,500; now, over ₦25,000.
Garri Egba, (in Ibadan): In 2019, ₦300 per congo; now, over ₦2,000.

And this is just 2019 if we go back to 2015 prices, you’ll see that the cost of basic food items has surged by nearly 2,000%.

Keep in mind, by 2015, the ₦18,000 minimum wage was already four years old, meaning inflation had long taken hold. So, if anything, I’m being generous to the government by using 2019 as a reference.

If dem explain Nigerian for you and you understand, dat one mean sey dem no explain am well because normally to understand Nigeria suppose give you headaches.

Tochi3:


..no lies in what the intelligent, brave woman said..

asfrank:
Economics and it's implications have nothing to do with government. Are you guys not singing praises for Ibrahim Traore of Burkina Faso?
Some of you reason as though Nigeria existence was from 2015. It will shock you to see the difference from 1999 to 2011 when your GEJ took over on his own terms.

helinues:
How is that your life's headache, must everyone labour in vain?

Stop using poverty thoughts to be engaging us

Dogalmighty17:
In 1964, Nigeria has a GDP per capita of over 2000 dollars. This was higher than the GDP of even South Korea then. Today, Nigeria has a GDP per capita of less than 900 dollars while South Korea has a GDP of over 35000 dollars.

In the last 10 years, India lifted over 175 million of her citizens out of poverty. In the last 10 years Nigeria has fallen off the cliff.

Leadership matters! There is no denying the fact that the Tinubu led government is the most incompetent, directionless and visionless this country has ever had. There is no metric of development this man has improved on. Non! He brought that brain dead Buhari, packaged and sold him to Nigerians. A failure just as he himself is.

It will not be well with anyone who voted and still plans to vote for APC.

helinues:
Labouring party members and their shallow reasoning

DMerciful:
If dollar moved from 160 to 1600, does that not tell you of 10 times devaluation?

Why are you arguing with facts?

helinues:
You know, people like you are just too emotional for political discussion. If all what you have been supporting on this forum for almost a decade never came close to reality, yet you are using surely of winning the 2027 election. I mean with zero records of winning any arguments and still using surely, then lots are wrong with such reasoning

Dogalmighty17:
In 1964, Nigeria has a GDP per capita of over 2000 dollars. This was higher than the GDP of even South Korea then. Today, Nigeria has a GDP per capita of less than 900 dollars while South Korea has a GDP of over 35000 dollars.

In the last 10 years, India lifted over 175 million of her citizens out of poverty. In the last 10 years Nigeria has fallen off the cliff.

Leadership matters! There is no denying the fact that the Tinubu led government is the most incompetent, directionless and visionless this country has ever had. There is no metric of development this man has improved on. Non! He brought that brain dead Buhari, packaged and sold him to Nigerians. A failure just as he himself is.

It will not be well with anyone who voted and still plans to vote for APC.

DMerciful:
You're on the wrong thread . Read what i wrote again

helinues:
Labouring party members and their shallow reasoning

iykololo:
You are always consistent with your defense of a senseless government.

helinues:
Hahahah, walahi I just finished eating rice with eggs and goat legs.

Stop using your precarious situation to judge others

iykololo:
You are always consistent with your defense of a senseless government.

Educationalserv:
Eggs that your oga moved from 20 naira to 200 naira and claim he a wizkid account from Chicago

Dogalmighty17:
In 1964, Nigeria has a GDP per capita of over 2000 dollars. This was higher than the GDP of even South Korea then. Today, Nigeria has a GDP per capita of less than 900 dollars while South Korea has a GDP of over 35000 dollars.

In the last 10 years, India lifted over 175 million of her citizens out of poverty. In the last 10 years Nigeria has fallen off the cliff.

Leadership matters! There is no denying the fact that the Tinubu led government is the most incompetent, directionless and visionless this country has ever had. There is no metric of development this man has improved on. Non! He brought that brain dead Buhari, packaged and sold him to Nigerians. A failure just as he himself is.

It will not be well with anyone who voted and still plans to vote for APC.

helinues:
Is that why you need to cry profusely on my mentions?

Dogalmighty17:
In 1964, Nigeria has a GDP per capita of over 2000 dollars. This was higher than the GDP of even South Korea then. Today, Nigeria has a GDP per capita of less than 900 dollars while South Korea has a GDP of over 35000 dollars.

In the last 10 years, India lifted over 175 million of her citizens out of poverty. In the last 10 years Nigeria has fallen off the cliff.

Leadership matters! There is no denying the fact that the Tinubu led government is the most incompetent, directionless and visionless this country has ever had. There is no metric of development this man has improved on. Non! He brought that brain dead Buhari, packaged and sold him to Nigerians. A failure just as he himself is.

It will not be well with anyone who voted and still plans to vote for APC.

iykololo:
Ah, of course! It's not about holding the government accountable—just making sure your mentions stay interesting. I'm sure they'll appreciate knowing you’ve got their back so strongly.

Educationalserv:
30k stipends will end if Tinibu go another govt will not engage him

Didijiji:
have sense

We are talking about democratic governments

Tinubu Dey shame me

Educationalserv:
30k stipends will end if Tinibu go another govt will not engage him

Lastmessenger2:
the problem with scuumbag like you is that you see everything in the eyes of we vs them.
In 2015 I remember a friend buying a thermocool ac for 100k but today that same ac is 450k. A bag of rice was below 10k in 2015 but today that same bag is close to 100k
We must learn to accept the truth when its being spoken

ogascomax:
If you were earning 250k then you are a big boy but earning 750 today is like nothing.

Fearurcreeator:
Where una dey buy rice for 100k ... Una dey too lie

Lastmessenger2:
do you live under the rock?