₦airaland Forum

BlueRayDick:
None of what you've written here has proven that having $2m in Nigeria means u will be able to live the life people with $200m in the US are living.

Firstly I think u have a numbers problem and u don't seem to know the actual worth of the $198m difference in real life (whether in the US or Nigeria)


A whole lot of top elite retired and current footballers are not even worth up to $200m and they live far far better than anybody who has $2m in Nigeria. Before u do half of what you mentioned up there sef in this naija, that Ur $2m go Don vanish.

Do u know how much they sell private jet? Do you know much u will be paying for parking Ur private jet at the hanger in the airport? All those VIp treatment u are dreaming of sef, before u know it Ur $2m go Don vanish and the person with $200m go still dey ball even with the heavy taxes.

You're missing the point. The comparison was about lifestyle feel, not raw financial power.

Of course, $200M is a whole different league, jets, sports teams, generational wealth, no argument there. But what I'm saying is in Nigeria, $2M feels and functions like $200M does in the US.
You live large, people treat you like royalty, and you get access, comfort, and power in ways that even $10M in the US won’t buy you.

Can you buy a private jet with $2M? No. But do you need one to live like a king here? Also no. You can rent one, move around like a boss, own top-tier property, have a full staff, and still be the biggest man in most rooms, all without being anywhere near $200M rich.

So again, it's not about the dollar-to-dollar comparison. It's about impact per dollar in context.

TemporaryHansel:
Here in Nigeria, $2 million puts you in god mode. You’re hiring staff, living in a mansion in a high brow area, riding in a convoy with drivers, security, and assistants. You eat at the “best” places, travel when you want, get VIP treatment everywhere, and flex on half the country without breaking a sweat.

Meanwhile, in the US, $200m still comes with rules. Taxes will eat a chunk. Labor is expensive. Luxury has boundaries. Privacy is respected, and they don't worship money excessively the way we do here.You’re rich, yes, but you’re not royalty.

Here, wealth bends the system in your favor. In the US, wealth still follows the system. That’s the difference. So yeah, $2M in Nigeria can move as loud as $200m in the US, because here, money doesn’t just buy comfort, it buys power, attention, and untouchability (It all depends on if you know how to use the money though. Like I always say, having money and knowing how to use it are two completely different things. Some people have money, but no sense of how to make it work for them.)

Unless your $2m na for Taraba
Abi How much dem dey sell flat in Ikoyi?

TemporaryHansel:
You're missing the point. The comparison was about lifestyle feel, not raw financial power.

Of course, $200M is a whole different league, jets, sports teams, generational wealth, no argument there. But what I'm saying is in Nigeria, $2M feels and functions like $200M does in the US.
You live large, people treat you like royalty, and you get access, comfort, and power in ways that even $10M in the US won’t buy you.

Can you buy a private jet with $2M? No. But do you need one to live like a king here? Also no. You can rent one, move around like a boss, own top-tier property, have a full staff, and still be the biggest man in most rooms, all without being anywhere near $200M rich.

So again, it's not about the dollar-to-dollar comparison. It's about impact per dollar in context.

Don't be deceived $200m in the US gives u everything u want to get in terms of comfort, power, Prestige and class. It offers much more than $2m will ever do for u in Nigeria...

The only mistake u are making is thinking sycophants waiting on you because u have $2m is. Flex in Nigeria ; no it's not. You have an illusion about the show off culture of we Africans, so it makes u think the person with $2m is actually getting to live his best life in Nigeria. He's certainly not.

Do u even know much they sell lands/properties in places like Ikoyi and banana Island?

Attached is a property for sale in Banana Island ; remove Ur almighty $2m inside the price and tell me how much remain to live that royalty lifestyle u are craving

BlueRayDick:
Don't be deceived $200m in the US gives u everything u want to get in terms of comfort, power, Prestige and class. It offers much more than $2m will ever do for u in Nigeria...

The only mistake u are making is thinking sycophants waiting on you because u have $2m is. Flex in Nigeria ; no it's not. You have an illusion about the show off culture of we Africans, so it makes u think the person with $2m is actually getting to live his best life in Nigeria. He's certainly not.

Even if we ignore the house/real estate which usually gulps the most part of your money,
60% of the things that will make him a big boy in Nigeria are imported. E.g Will your cars be cheaper than the person buying in America? Your electronics your gadgets, your vacations, Your flight ticket? Before we go to your healthcare.
Upper middle class and above, Almost all your expenses are on imported items where you are likely to pay more than someone in US by the time you factor in cost of importation and clearing

Will you also buy a flat on the Island and how much do you buy them for?

Nigeria wey everything na billion billion dem dey mention.
Don't get me wrong, $2m can make you live like a king in certain part of Nigeria, actually most places in Nigeria but not everywhere especially in prime areas of Lagos Abuja PH

The only thing is that you can buga people more with $2m, Labor is cheaper, local produced products are cheaper, You can carry OS all night for the equivalent of $30 which you cant do in America

raumdeuter:
60% of the things that will make him a big boy in Nigeria are imported. E.g Will your cars be cheaper than the person buying in America? Your electronics your gadgets, your vacations, Your flight ticket? Before we go to your healthcare.
Upper middle class and above, Almost all your expenses are on imported items

Will you also buy a flat on the Island and how much do you buy them for?

Nigeria wey everything na billion billion dem dey mention.
Don't get me wrong, $2m can make you live like a king in certain part of Nigeria, actually most places in Nigeria but not everywhere especially in prime areas of Lagos Abuja PH

Elder just dey call number wey come to his mind.

See this $18m waterfront property at Banana Island, I'm sure this is the kind of luxury lifestyle he thinks a man with $2m in Nigeria can live. He just doesn't know that the lifestyle cost pass as he think am.

BlueRayDick:
Don't be deceived $200m in the US gives u everything u want to get in terms of comfort, power, Prestige and class. It offers much more than $2m will ever do for u in Nigeria...

The only mistake u are making is thinking sycophants waiting on you because u have $2m is. Flex in Nigeria ; no it's not. You have an illusion about the show off culture of we Africans, so it makes u think the person with $2m is actually getting to live his best life in Nigeria. He's certainly not.

Do u even know much they sell lands/properties in places like Ikoyi and banana Island?

Attached is a property for sale in Banana Island ; remove Ur almighty $2m inside the price and tell me how much remain to live that royalty lifestyle u are craving

No one’s denying that $200M in the US gives you everything, real power, global access, generational wealth, and a kind of freedom most people never touch. That’s not in question.

But you keep missing the main point, it’s not about comparing dollars directly, obviously, $2M can’t do what $200M can anywhere. The point is that $2M in Nigeria can functionally give you the kind of lifestyle and social weight $200M gives in the U.S. Context matters, bro.

Let’s not forget that with $2M, you’re already richer than 95% of the entire country. You’re not middle class, you’re elite. You can own property, have a fleet of staff, ride with personal security, and move through society with power and respect. People don’t treat you like some regular rich guy, they treat you like a god. And no, it’s not just sycophants, it’s influence, access, and privilege.

Yes, land in Ikoyi or Banana Island is overpriced, but you don’t have to buy there to live extremely well. Meanwhile, in the U.S., $2M barely gets you a decent home in a major city, no driver, no personal security , no real social pull, just structure and peace of mind.

So again it’s not about who has more money. It’s about how far the money goes in its environment.. $200M is global-level wealth, no one’s arguing that. But $2M in Nigeria, if used wisely, gives you serious lifestyle leverage and power, the kind most people will never experience, even in the West.

BlueRayDick:
Elder just dey call number wey come to his mind.

See this $18m waterfront property at Banana Island, I'm sure this is the kind of luxury lifestyle he thinks a man with $2m in Nigeria can live. He just doesn't know that the lifestyle cost pass as he think am.

Maybe Big boy in Alagbado or Abule Egba and Lagos Mainland. Or maybe this big boy wont own a house but be renting an apartment on the Island

For a brand new luxury car you buy in US, To drive the same in Nigeria you might be paying 150% of what you pay in the US by the time you factor in shipping and clearing. Someone told me the cost of clearing a 2022 Toyota SUV is N25m. This is an expense a US based person doesn't have to bother with, Lets even forget that no one in the US will considers any brand of Toyota a luxury car

So to clear a top of the shelf Mercedes probably clearing is over N100M. That is almost an extra $65k on your purchase price which an American wont have to bother with

TemporaryHansel:
No one’s denying that $200M in the US gives you everything, real power, global access, generational wealth, and a kind of freedom most people never touch. That’s not in question.

But you keep missing the main point, it’s not about comparing dollars directly, obviously, $2M can’t do what $200M can anywhere. The point is that $2M in Nigeria can functionally give you the kind of lifestyle and social weight $200M gives in the U.S. Context matters, bro.

Let’s not forget that with $2M, you’re already richer than 95% of the entire country. You’re not middle class, you’re elite. You can own property, have a fleet of staff, ride with personal security, and move through society with power and respect. People don’t treat you like some regular rich guy, they treat you like a god. And no, it’s not just sycophants, it’s influence, access, and privilege.

Yes, land in Ikoyi or Banana Island is overpriced, but you don’t have to buy there to live extremely well. Meanwhile, in the U.S., $2M barely gets you a decent home in a major city, no driver, no personal security , no real social pull, just structure and peace of mind.

So again it’s not about who has more money. It’s about how far the money goes in its environment.. $200M is global-level wealth, no one’s arguing that. But $2M in Nigeria, if used wisely, gives you serious lifestyle leverage and power, the kind most people will never experience, even in the West.

What part of Lagos will this $2m big boy be living since he cannot live in Ikoyi, Banana Island, Asokoro and Lekki phase 1?
Are you actually called a Nigerian elite if you cant afford to live in these areas

You will be able to oppress people more surely but when the elites of Lagos dey do roll call, you will have to hide your face sha

TemporaryHansel:
No one’s denying that $200M in the US gives you everything, real power, global access, generational wealth, and a kind of freedom most people never touch. That’s not in question.

But you keep missing the main point, it’s not about comparing dollars directly, obviously, $2M can’t do what $200M can anywhere. The point is that $2M in Nigeria can functionally give you the kind of lifestyle and social weight $200M gives in the U.S. Context matters, bro.

Let’s not forget that with $2M, you’re already richer than 95% of the entire country. You’re not middle class, you’re elite. You can own property, have a fleet of staff, ride with personal security, and move through society with power and respect. People don’t treat you like some regular rich guy, they treat you like a god. And no, it’s not just sycophants, it’s influence, access, and privilege.

Yes, land in Ikoyi or Banana Island is overpriced, but you don’t have to buy there to live extremely well. Meanwhile, in the U.S., $2M barely gets you a decent home in a major city, no driver, no personal security , no real social pull, just structure and peace of mind.

So again it’s not about who has more money. It’s about how far the money goes in its environment.. $200M is global-level wealth, no one’s arguing that. But $2M in Nigeria, if used wisely, gives you serious lifestyle leverage and power, the kind most people will never experience, even in the West.

Leta do it this way, can you put a price to all of those stuff U listed up there?

Like tell us how much of the ₦3billion (which is the naira equivalent of $2m) that will be spent on each of those fantasies u wrote in the bold.

How much do u think they sell a bullet proof Toyota Landcruiser that will be Ur personal vehicle? How much will u buy the two hiluxes that will be in your convoy? How much will u pay at leasg 8 security guys that will always mount the escort hilux anytime u go out? How much will u buy Ur house and which location? How much will u pay Ur live-in chef?

I await answers to these questions first for us to proceed

raumdeuter:
Maybe Big boy in Alagbado or Abule Egba and Lagos Mainland. Or maybe this big boy wont own a house but be renting an apartment on the Island

For a brand new luxury car you buy in US, To drive the same in Nigeria you might be paying 150% of what you pay in the US by the time you factor in shipping and clearing. Someone told me the cost of clearing a 2022 Toyota SUV is N25m. This is an expense a US based person doesn't have to bother with, Lets even forget that no one in the US will considers any brand of Toyota a luxury car

So to clear a top of the shelf Mercedes probably clearing is over N100M. That is almost an extra $65k on your purchase price which an American wont have to bother with

As a big boy he will buy 2024 bullet proof landcruiser for N315m. By the time we add 2 hilux for his security escort he would've burn through over N600m out of the N3bn gross with him.

He will still buy house o.

The guy doesn't even know how costly the lifestyle he's talking about is

Air Peace launching Abuja - London Heathrow, and Gatwick flights, in October, may challenge BA’s dominance on the route, especially when you consider that Air Peace’s return fares start at N1 million…

Impressively, they flew 107,000 passengers on their Lagos - London Gatwick route last year. Bear in mind that they only launched that route in March last year

raumdeuter:
What part of Lagos will this $2m big boy be living since he cannot live in Ikoyi, Banana Island, Asokoro and Lekki phase 1?
Are you actually called a Nigerian elite if you cant afford to live in these areas

You will be able to oppress people more surely but when the elites of Lagos dey do roll call, you will have to hide your face sha

What do you mean he can't afford to live in Lekki Phase 1? I know people living there who aren’t even worth $500k, talk less of $2m.
Let’s not act like everyone in Lekki is worth $200m.

Btw, Raumdeuter, are you seriously saying living in Lagos is what makes someone "elite"? So if I’ve got $10m but decide to stay in PH or Enugu, I’m suddenly not elite? Does Arthur Eze live in Ikoyi? Let’ not be ridiculous.

TemporaryHansel:
What do you mean he can't afford to live in Lekki Phase 1? I know people living there who aren’t even worth $500k, talk less of $2m.
Let’s not act like everyone in Lekki is worth $200m.

Do they own their own house and how much did they pay for it, If you call yourself an elite you have to show workings like an elite, Live in the type of house of an elite, drive the type of cars elites drive, have the gadgets of an elite, travel for vacations like an elite

TemporaryHansel:
Btw, Ramdeuter, are you seriously saying living in Lagos is what makes someone "elite"? So if I’ve got $10m but decide to stay in PH or Enugu, I’m suddenly not elite? Does Arthur Eze live in Ikoyi? Let’ not be ridiculous.

Arthur Eze might not live in Lagos Abuja or PH but his lifestyle shows he is an elite, Have you seen the type of house he lives, the type of cars he lives. Arthur Eze probably has properties all over prime areas of Lagos and Abuja worth more than $2m each that he can visit anytime he wants

Arthur Eze can buy a whole street in Lekki Phase 1 yet choose to live in Enugu

TemporaryHansel:
Btw, Raumdeuter, are you seriously saying living in Lagos is what makes someone "elite"? So if I’ve got $10m but decide to stay in PH or Enugu, I’m suddenly not elite? Does Arthur Eze live in Ikoyi? Let’ not be ridiculous.

Raumdeuter just reminded me of someone. There’s this billionaire in my LGA in Delta, man regularly doles out 100m, 200m, even 300m gifts to people like it’s nothing. Any party he shows up at, the host gets at least 20m. On his last birthday, both sitting and former governors publicly wished him well.

Now tell me, will you say that kind of person isn’t elite just because he chooses to live in a small town, even though he could easily buy a 1bn mansion in Banana Island if he wanted?

Bro, being elite isn’t about living in Lagos. Let’s not twist things. Real elite status is about money, influence, and the kind of respect that moves power. This guy lives in a quiet town, but if he calls the governor, his call goes through instantly. The current senator? He put him there.

if that’s not elite, then what exactly is your definition?

TemporaryHansel:
Ramdeuter just reminded me of someone. There’s this billionaire in my LGA in Delta, man regularly doles out 100m, 200m, even 300m gifts to people like it’s nothing. Any party he shows up at, the host gets at least 20m. On his last birthday, both sitting and former governors publicly wished him well.

Now tell me, will you say that kind of person isn’t elite just because he chooses to live in a small town, even though he could easily buy a 1bn mansion in Banana Island if he wanted?

Bro, being elite isn’t about living in Lagos. Let’s not twist things. Real elite status is about money, influence, and the kind of respect that moves power. This guy lives in a quiet town, but if he calls the governor, his call goes through instantly. The current senator? He put him there.

if that’s not elite, then what exactly is your definition?

This person you are talking about probably has enough money to buy multiple properties in prime areas of Lagos, he probably owns properties in those prime areas but choose to live in his home state. Are you saying this person that can dash out 100m, 200m to people is only operating on $2m

This your $2m elite, how much is the worth of his house he lives, How much do u think they spent on their numerous vehicles? How much do you think he spends on his gadgets, vacations and travels, his staff and running his house

I await answers to these questions first for us to proceed with how far the $2m will go

raumdeuter:
This person you are talking about probably has enough money to buy multiple properties in prime areas of Lagos, he probably owns properties in those prime areas but choose to live in his home state. Are you saying this person that can dash out 100m, 200m to people is only operating on $2m

This your $2m elite, how much is the worth of his house he lives, How much do u think they spent on their numerous vehicles? How much do you think he spends on his gadgets, vacations and travels, his staff and running his house

I await answers to these questions first for us to proceed with how far the $2m will go

I never said he’s worth $2m, I’m not his accountant. My point was simple: saying someone isn’t elite just because they don’t live in some high brow area in Lagos is flawed thinking. Living in Lekki Phase 1, Banana Island, or Ikoyi isn’t the only metric for elite status, there’s way more to it.

And let’s be real, $2m might not be a big deal in the US, but neither of us can sit here and say that kind of money won’t make you live like royalty in Nigeria. You’ve been arguing like the $2m is meant to buy you a house, cars, and set up your entire life from scratch.

Flip it, imagine you already have the basics: properties, cars, comfort… then boom, you get an extra $2m. Unless you’re clueless with money, that’s enough to live large almost anywhere in Naija. And if you’ve got sense and the right links, you’ll multiply it, simple.

TemporaryHansel:
Hmmm. With $2m in Nigeria you can live the sort of life people worth $200m in the US are living.

You are succulently whining yourself.

TemporaryHansel:
I never said he’s worth $2m, I’m not his accountant. My point was simple: saying someone isn’t elite just because they don’t live in some high brow area in Lagos is flawed thinking. Living in Lekki Phase 1, Banana Island, or Ikoyi isn’t the only metric for elite status, there’s way more to it.

And let’s be real, $2m might not be a big deal in the US, but neither of us can sit here and say that kind of money won’t make you live like royalty in Nigeria. You’ve been arguing like the $2m is meant to buy you a house, cars, and set up your entire life from scratch.

Flip it, imagine you already have the basics: properties, cars, comfort… then boom, you get an extra $2m. Unless you’re clueless with money, that’s enough to live large almost anywhere in Naija. And if you’ve got sense and the right links, you’ll multiply it, simple.

You are the one changing the premise now. The chart you showed initially was talking about networth not spending money

If you already have all the major asset and just $2m is for blowing surely you have no problem. The purpose of money is to buy comfort in the first place now you are saying if you have all the comfort

Let me also ask you suppose I am in US and I already have a property like Mar a lago, more in Manhattan and LA, then a private jet, yatch, boats, private jets, vacations and luxury now boom with 200m extra

An elite does not have to live in Ikoyi Lekki etc out of personal preference but his networth will show he can afford to live there comfortably, IBB, Dantata etc dont live in Ikoyi or Lekki but have enough money to buy entire streets in those highbrow areas

You argument is that $2m puts you among the elites in Nigeria and I say it doesnt because the assets that make you an elite cant be bought with $2m

TemporaryHansel:
Raumdeuter just reminded me of someone. There’s this billionaire in my LGA in Delta, man regularly doles out 100m, 200m, even 300m gifts to people like it’s nothing. Any party he shows up at, the host gets at least 20m. On his last birthday, both sitting and former governors publicly wished him well.

Now tell me, will you say that kind of person isn’t elite just because he chooses to live in a small town, even though he could easily buy a 1bn mansion in Banana Island if he wanted?

Bro, being elite isn’t about living in Lagos. Let’s not twist things. Real elite status is about money, influence, and the kind of respect that moves power. This guy lives in a quiet town, but if he calls the governor, his call goes through instantly. The current senator? He put him there.

if that’s not elite, then what exactly is your definition?

The guy you just described is worth more than $2m. The problem with your original statement is the arithmetic. 2m in Nigeria to 200m in the US. E no enter.

raumdeuter:
You are the one changing the premise now. The chart you showed initially was talking about networth not spending money

If you already have all the major asset and just $2m is for blowing surely you have no problem. The purpose of money is to buy comfort in the first place now you are saying if you have all the comfort

Let me also ask you suppose I am in US and I already have a property like Mar a lago, more in Manhattan and LA, then a private jet, yatch, boats, private jets, vacations and luxury now boom with 200m extra

An elite does not have to live in Ikoyi Lekki etc out of personal preference but his networth will show he can afford to live there comfortably, IBB, Dantata etc dont live in Ikoyi or Lekki but have enough money to buy entire streets in those highbrow areas

You argument is that $2m puts you among the elites in Nigeria and I say it doesnt because the assets that make you an elite cant be bought with $2m

You're mixing up net worth with lifestyle access.

I never said $2M buys you the same assets as the billionaires or political powerbrokers in Nigeria, clearly , it doesn’t. But let’s be honest if you have $2M cash in this country, you’re still sitting far above 95% of the population. Whether you like it or not, that already places you in elite territory, not by Forbes standards, but by Nigerian reality.

You may not own oil blocks or a Banana Island estate, but you can afford luxury living, top-tier healthcare, international travel, security, private schooling for your kids, and still have investments running. In a country where most people are just trying to survive daily, that’s not average, that’s elite.

Not all elites are billionaires. Some just have enough to live comfortably, securely, and with influence, and $2M gives you that in Nigeria. You don’t need to own half of Lagos to be in a class far above the rest.

TemporaryHansel:
You're mixing up net worth with lifestyle access.

I never said $2M buys you the same assets as the billionaires or political powerbrokers in Nigeria, clearly , it doesn’t. But let’s be honest if you have $2M cash in this country, you’re still sitting far above 95% of the population. Whether you like it or not, that already places you in elite territory, not by Forbes standards, but by Nigerian reality.

You may not own oil blocks or a Banana Island estate, but you can afford luxury living, top-tier healthcare, international travel, security, private schooling for your kids, and still have investments running. In a country where most people are just trying to survive daily, that’s not average, that’s elite.

Not all elites are billionaires. Some just have enough to live comfortably, securely, and with influence, and $2M gives you that in Nigeria. You don’t need to own half of Lagos to be in a class far above the rest.

You think if you have $200m cash in America you are a small boy by any definition? where the average annual salary is $50k
With $200m cash you can do most things the elites can do

raumdeuter:
You think if you have $200m cash in America you are a small boy by any definition? where the average annual salary is $50k
With $200m cash you can do most things the elites can do

I put the question to ChatGPT it said 40m to 70m USD in Nigeria. Grok said closer to 100m USD Nigeria. That is what you need to live the lifestyle of someone with 200m USD in the US.

He is right that 2m USD in Nigeria gives you a very good lifestyle, far more than 2m USD for example will give you in the US. He just went too far with the figures he used. 2m to 200m is way off the mark though.

raumdeuter:
You think if you have $200m cash in America you are a small boy by any definition? where the average annual salary is $50k
With $200m cash you can do most things the elites can do

Nobody said $200m makes you a small boy in the US, of course not. All I said is that the lifestyle you can live with $2m in Nigeria can mirror that of someone with $200m in the US. Not in terms of net worth, but in terms of access, comfort, and power relative to your environment.

You’re talking about averages, but in Naija, even #50m puts you ahead of 99% of people. Now imagine having $2m cash here. You’ll move like royalty, command respect, and enjoy luxuries most Nigerians will never taste.

So again, it’s not about raw figures, it’s about what those figures translate to within the context of your society.
Goodnight.

afrodoc2:
I put the question to ChatGPT it said 40m to 70m USD in Nigeria. Grok said closer to 100m USD Nigeria. That is what you need to live the lifestyle of someone with 200m USD in the US.

He is right that 2m USD in Nigeria gives you a very good lifestyle, far more than 2m USD for example will give you in the US. He just went too far with the figures he used. 2m to 200m is way off the mark though.

2m to 20m is defensible.
2m to 200m is premium capping.

-Lord

airmark:
Past performance is key. I looked at Tinubu's performance as Governor compared to Obi's, no sane person after DD, will go with Obi. I am not sure Tinubu was cursed like Anambra people did to Obi when he was Governor.

Lecturers of Anambra State University went on 6 months strike. Doctors went on 13 months strike. He used teargas on protesting market women and students after increasing their taxes and school fees. Rendered LGAs dormant for 7+ years. The red flags are many like we are in a construction site.

Now it's about past performance?

I thought you said you hated Obi because he is a deceiver and Tinubu is a saint. Your hypocrisy dey smell everywhere my brother.

You cannot support BAT in anyway and not sound silly.

I am not going to start arguing about performance. That one has been cleared. Only a Google search will provide you a comparison.

Anyone who knew Anambra before PO will appreciate what he did there

Besides, what Nigeria needs now is not someone who has CV but no certificate. We need someone with character and compassion. Two virtues Tinubu will never have in his entire life. A person who sold drugs to poor black Americans cannot have these two qualities.

A person whose company's objective is to steal Lagos State treasury cannot have these two qualities.

He didn't even win the election so I never expected anything good from him. No one who steals power uses it for the good of the people. Since he is your father, tell him to stop using public resources to treat himself. He should either use his own resources or he should build a national hospital here in Nigeria.

afrodoc2:
I put the question to ChatGPT it said 40m to 70m USD in Nigeria. Grok said closer to 100m USD Nigeria. That is what you need to live the lifestyle of someone with 200m USD in the US.

He is right that 2m USD in Nigeria gives you a very good lifestyle, far more than 2m USD for example will give you in the US. He just went too far with the figures he used. 2m to 200m is way off the mark though.

Thia was what I told him, but he's been running from pillar to post trying to run away from the goof he made with that first statement.

That was why the first thing I asked him was "HOW" when he made the first statement.

LordAdam16:
2m to 20m is defensible.
2m to 200m is premium capping.

-Lord

The ratio is somewhere between 5:1 and 10:1.

100:1 no enter at all. Very very at all.

$2m is $80k per year to spend on living expenses

$200m is $8m per year to spend on living expenses

Rule of thumb is your money yields 4% (whether through savings account or another investment) and you don't touch your $2m capital, you only live off the interest

I'd much rather live off $8m per year than $80k per year whether in Mars, Monaco or Makoko