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The Purchasing Power Of The Naira Between The PDP Vs APC Years - Business - Nairaland

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The Purchasing Power Of The Naira Between The PDP Vs APC Years by Racoon(op): 7:27pm On Sep 26, 2025
๐Ÿ‡ณ๐Ÿ‡ฌ๐—ฃ๐—จ๐—ฅ๐—–๐—›๐—”๐—ฆ๐—œ๐—ก๐—š ๐—ฃ๐—ข๐—ช๐—˜๐—ฅ ๐—•๐—ฌ ๐—ฃ๐—ข๐—Ÿ๐—œ๐—ง๐—œ๐—–๐—”๐—Ÿ ๐—Ÿ๐—˜๐—”๐——๐—˜๐—ฅ๐—ฆ๐—›๐—œ๐—ฃ

โญ•๏ธPeoples Democratic Party [16yrs]

๐—•๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐— ๐—ฎ๐˜† ๐Ÿญ๐Ÿต๐Ÿต๐Ÿต ๐˜๐—ผ ๐— ๐—ฎ๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿญ๐Ÿฑ โ€” โ‚ฆ1,000,000 in purchasing power in May 1999 was equivalent to โ‚ฆ5.54 million in May 2015.

โญ•๏ธAll Progressives Congress [9yrs+]
๐—•๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐— ๐—ฎ๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿญ๐Ÿฑ ๐˜๐—ผ ๐——๐—ฒ๐—ฐ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ โ€” โ‚ฆ1,000,000 in purchasing power in May 2015 was equivalent to โ‚ฆ5.06 million in Dec 2024.

#Statisense
(IMF WEO Oct 2025)
@Statisense.
https://x.com/StatiSense/status/1971494594450800992?t=g4FKSFg9p_EWaTwmDVA7Yw&s=19

Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Racoon(op): 8:53pm On Sep 26, 2025
PDP was reducing purchasing power of N1m by 236,000 every year while the APC was reducing the purchasing power of #1m by N444,000 each year.

This directly mean the APC is making us poorer twice as faster than PDP. They destroyed the power of the naira. 216 = 1$ in 2014 is not ok. Today they are telling us that 1$ = #1400 is ok). They depleted our foreign reserves by using the $ to shore up the naira.
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by DIVINEEVIDENCE: 8:54pm On Sep 26, 2025
Just came to drop these.


21 more characters needed to help Seun sleep tonight.

Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Quest7777: 8:54pm On Sep 26, 2025
Please spell words correctly when you post, and try to use perfect grammar and punctuation.
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by KIDfurniture(m): 8:55pm On Sep 26, 2025
Please Observe The Following Rules: (skip)
1. Please post all threads in the right section, and don't derail threads by posting off topic.
2. Don't abuse, bully, deliberately insult/provoke, fight, or wish ha
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by EddyNumerouno(m): 8:56pm On Sep 26, 2025
Lies!!!!
APC media ๐Ÿคlies
I have no more characters to spare
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by jmoore(m): 8:57pm On Sep 26, 2025
Tinubu is a weapon fashioned against Nigeria.


XXXXXXXXXXXXXXXXXXXXXXXX
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Mrchippychappy(m): 8:57pm On Sep 26, 2025
Baba talk say we can manage our hunger. See talk sha. One chance no bus stop grin
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by tunjijones(m): 8:57pm On Sep 26, 2025
Which one better out of the two of them?

Someone shd pls explain cos am not understanding
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by VladimirTheGrea: 8:58pm On Sep 26, 2025
APC Is very dangerous to our collective existence
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by JJRainbow(m): 8:59pm On Sep 26, 2025
That's the evil party called APC that will brought to ourselves, It's only GOD that'll deliver us from that devilish party
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Switruth: 8:59pm On Sep 26, 2025
You can never see their defenders here cos they don't understand the purchasing power statistics. They're looking at it from a different angle. ๐Ÿ˜€
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by DeepSight(m): 9:00pm On Sep 26, 2025
The stats as shown are actually deceitful because everyone knows that the real reduction has happened at lightening speed in the last two years alone.
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by seunoyeleyep(f): 9:00pm On Sep 26, 2025
Time for Seun and his tribalists to ban comments.


I have no words to waste but APC I must say is a useless , rudderless, destructive party
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Switruth: 9:01pm On Sep 26, 2025
tunjijones:
Which one better out of the two of them?

Someone shd pls explain cos am not understanding
Racoon explained it. ๐Ÿ˜€๐Ÿ˜€๐Ÿ˜€๐Ÿ˜€๐Ÿ˜€

Please take a moment to write a quality post with at least 40 characters.
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Kennitrust(m): 9:01pm On Sep 26, 2025
I will reduce your purchasing power was not a joke but some people clapped for him
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Ofunaofu: 9:01pm On Sep 26, 2025
APC made us poorer twice as fast and in a much shorter time than the PDP ever did.

It shall never be well with those who supported, worked for, and enthroned this calamitous APC regime.
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by jamafa: 9:01pm On Sep 26, 2025
EddyNumerouno:
Lies!!!!
APC media ๐Ÿคlies
I have no more characters to spare
Since it's not what you want to hear ๐Ÿ˜‚

You call it lies ๐Ÿ˜‚

U love negative news ๐Ÿคฃ
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by tesseract: 9:01pm On Sep 26, 2025
Formulating models to justify their abysmal failure. Delusions of a satanic party
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Racoon(op):
It was said by Tinubu that; "Take away their recruitment source, reduce their purchasing power and slow down the economy....... " Yet people gleefully clapped?
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by VaginaAcademic: 9:02pm On Sep 26, 2025
DIVINEEVIDENCE:
Just came to drop these.


21 more characters needed to help Seun sleep tonight.
when promises seem too good to be true you run. From frying pan until the fire.
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by PheelzAlmighty: 9:06pm On Sep 26, 2025
Everything the APC touches dies....
And there's nothing we can do about it
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Antoeni(m): 9:07pm On Sep 26, 2025
Call APC Government Horrible and Terrible is An Understatement

Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by ARISHEM: 9:09pm On Sep 26, 2025
Racoon:
PDP was reducing purchasing power of N1m by 236,000 every year while the APC was reducing the purchasing power of #1m by N444,000 each year.

This directly mean the APC is making us poorer twice as faster than PDP. They destroyed the power of the naira. 216 = 1$ in 2014 is not ok. Today they are telling us that 1$ = #1400 is ok). They depleted our foreign reserves by using the $ to shore up the naira.
When I post comment like this on this forum, I get banned and my comment removed immediately. I am surprised the mod did not ban your comment. Maybe he is asleep
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by SarkinYarki: 9:09pm On Sep 26, 2025
Statisense doesn't know how to calculate this at all..

1m in 2015 May was - $5,263

1m in 2024 was - $625

What nonsense is statisense calculating ?
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Antoeni(m): 9:10pm On Sep 26, 2025
Nigeria is Doomed , it Has Been Sorry Tears And Blood All The Way

Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by spiSeyi: 9:10pm On Sep 26, 2025
They promised change and they delivered it to the optimum grin . But why are mods biased and are eager to ban any anti APC comments huh . Seun Nland should be a platform that facilitates freedom of speech and not suppress it . I don't mind getting banned after this though undecided
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Titogbanski: 9:10pm On Sep 26, 2025
It os the bias against a south south minority president
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by garykoeman: 9:11pm On Sep 26, 2025
Racoon:
PDP was reducing purchasing power of N1m by 236,000 every year while the APC was reducing the purchasing power of #1m by N444,000 each year.

This directly mean the APC is making us poorer twice as faster than PDP. They destroyed the power of the naira. 216 = 1$ in 2014 is not ok. Today they are telling us that 1$ = #1400 is ok). They depleted our foreign reserves by using the $ to shore up the naira.
The last time the reserve was depleted was during Jonathan regime.

When oil was at the highest, still he messed up.
Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Basicend:
garykoeman:
The last time the reserve was depleted was during Jonathan regime.

When oil was at the highest, still he messed up.
I know of lots of people that are still earning less than N35,000 currently in Lagos.

While the price of a sliced bread can be N3,500, Sandine 2k, don't even talk of milk and others. Yet accomodation, school fees prices are skyrocketing. . Yet the leader does seem to care, by continuously dishing out more taxing and wicked policies.
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