The Purchasing Power Of The Naira Between The PDP Vs APC Years - Business (2) - Nairaland
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| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by amaridigital(m): 9:15pm On Sep 26, 2025 |
Racoon: |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Nobody: 9:18pm On Sep 26, 2025 |
Buhari killed Nigeria and Tinubu is burying it now. If he wins again in 2027, the archbishop Tinubu will perform the final funeral rites. |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Kukutente23: 9:20pm On Sep 26, 2025 |
tunjijones:Do you even need to ask Who does not know that APC is a massive unmitigated disaster when compared to PDP? Except a zombie sha |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by douglaschukwu: 9:25pm On Sep 26, 2025 |
Anybody who still thinks the problem in Nigeria is about the political parties, has not understood Nigeria yet. |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by toprealman: 9:27pm On Sep 26, 2025 |
IMF will praise whoever allow them to be their hushpuppy. Even Tinubu know that he has failed in his basic duty! |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by harsysky(m): 9:29pm On Sep 26, 2025 |
If Helinues says he purchases more now than 2015 then the economy is at its all time best. He is the maker and checker of Nigerian's economy |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by abbey621(m): 9:38pm On Sep 26, 2025 |
What changesd since 2015? NADA......The economy is still reliant on oil while the population continues to grow at an alrming rate and corruption left unchecked. Want to hear a shocking fact? The number of millionaires in dollars actually increased since 2015, now that's proper WITCHCRAFT ![]() |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by theredaddy: 9:39pm On Sep 26, 2025 |
amaridigital:if you want to go down that route... i still dont see how it justify Tinubu evil between 1992 to 1999 ... no inflation rate recorded is even close to 100% on 2years internval, but with Tinubu we saw 400% thats craazy The inflation witness under Tinubu in just 1yr of office is one of a kind even war countries like russia n ukraine dont have such inflation rate thats the point You can only make sentence But there is no way you will defend Tinubu govt n make sense. $1 - 1500 tell us what about between 92 - 99 that only you know |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by bal4real: 9:43pm On Sep 26, 2025 |
ARISHEM:So you no know say the moderators in naira land are triba1 bigots. Post anything in support of this evi1 government, they won't pull it down. But post against it, and see your post pulled down in a twinkle of an eye |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Bigchris01(m): 9:43pm On Sep 26, 2025 |
DIVINEEVIDENCE:You will see how those gullible supporters of the APC avoid this post like a death trap, thanks for posting this here to refresh their memories ๐คญ |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Bluntemperor: 10:08pm On Sep 26, 2025*. Modified: 10:24pm On Sep 26, 2025 |
garykoeman:When we say the TRUTH - here ,you either get your account suspended or your analysis removed - which I termed against Free Speech by Seun Osewa &Co Management! โขLet set Records Straight -for the Stomach Infrastructures gaulible audiences - who 1.Preferred Importations for Everything Into Nigeria. 2- how many Long-Term- Infrastructures - did Una PDP embarked upon,not even any road ๐ฃ๏ธ Constructed,for if they had done Lagos - Ibadan- Express Road,if The East- West Road Was done by the PDP and their Sympathisers- Would AOC be doing it Now? 3- What about the Benin- Ore- Sagamu Express Road - that Humongous Contract was awarded to then Aninih- Mr Fix it? Whare is the Money ๐ค now? 4- NO Light ๐จ๐ฏ๏ธ- was built for Nigerians ,but even the NEPA/ Discos - we had -was sold to the politicians of 2015- era- Did you read Dr Samsedeen - Minister of Planning in GEJ - then! Is that Fair To Nigerians? 5-No Single Class-A -Hospital ๐ฅ In Nigeria- But the same Politicians Heads - the people of hates are defending - do travel to Dubai, London,France, Germany,US,etc- with our Money/ FOREX,to treat themselves well - WHILE MAJORITY OF NIGERIAN MASSES ARE LANGUISHING IN ABJECT POVERTY! 6- what happened to the Money ( Funds) - that was Budgeted for- 16- yrs-on our Infrastructures - ALL Corruptly Enriched to themselves! - Why so much Bitterness and Hates -against Tinubu? 7.I dislike Stupid People,who can not help themselves -Why were we Borrowing To Pay Workers during PDP- if indeed they were better- please,ask Mama Okonji- Iweala( the Best Minister then- who was warning and lamenting that EXCESS CRUDE MONEY ๐ฐ SHOULD NOT BE SPENT BUT KEPT FOR RAINING DAYS โ๐ก For now,the Obedient and PDP Sympathetisers Can Continue their lamba,but ------should remember their 16- Wasted-Years - doing -nothing,In Nigeria and For Nigerians and compared to 2- yrs of Tinubu restructuring ! Just Facts and Truth! |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by mrkings84(m): 10:12pm On Sep 26, 2025 |
Are they saying that d possessing power of naira when a dollar was about 180 naira and now that it is about 1600? Abeg someone should explain cos I am not understanding.... |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Rindo69: 10:21pm On Sep 26, 2025 |
Party that the president denied his own manifesto! Unfortunately, it will take more than an election to take back power from the APC. If i say A, you say B, another man say C... na you sabi |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by bixton(m): 10:25pm On Sep 26, 2025 |
Racoon: |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Emvicprints1: 11:20pm On Sep 26, 2025 |
harsysky:dat one na person? |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Sermwell(m): 1:18am On Sep 27, 2025 |
jamafa:Every sane adult knows a lie when they see one naa!!,,,,are you a kid? |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by bimbodotun(m): 3:15am On Sep 27, 2025 |
STOP COMPARING ROGUE WITH ROGUE......APC AND PDP ARE SAME |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by nairalanda1(m): 4:57am On Sep 27, 2025 |
Usual disclaimer...I am not here to defend or attack your party, so calm down. Anyone calling me agbero or N30000 slave will get reported, and blocked...because it shows you don't understand it Well before I go into details, a tale from my childhood Back in the mid 1990's, when I was in SS1, one of our teachers, while teaching us, told us something funny. While cleaning out a room in her house, she discovered an old shopping list she had made in 1978....whereby.... 1 loaf of bread...50 kobo 1 can of margarine...10 kobo We roared with lafta...because we knew that that loaf of bread was now (1995)...80-100 naira, and that can of margarine was now...40 naira self. I always hate these PDP vs APC Purchasing power comparisons. Because it does not show that PDP was better than APC, it shows an ongoing decline of the naira For example...in 1983, me dad bought a new car at 12000 naira. In 2013, if he wanted to buy that same new car....it would have set him back at least N3 million to 7 million naira. At the end of the day, what the above shows, is that there is a continous fall in the value of the naira. Bringing back PDP (note that I don't want APC Back in 2027 myself...at best if Obi can get enough support, good. Atiku, no thanks, he's just the same old, plus he is very old...literally.Even older than tinubu self)...or keeping APC is not going to change that. We had the above discussions in the 1980's...when parents would tell us about the good old days of the 1970's when they ate chicken in university, and got a good meal for 50 kobo, and bought car for N400 (yes, for that amount, you could get a VW Beetle...probably the best car of the 20th century, still angry with VW for ending its production..in 1975). Even a table fan cost N16 by 1980. IN 1981, a cow cost N90. Compare the above to PDP prices...and compare purchasing power of 1970's to PDP time....and are you going to tell me PDP failed...or there is something problematic here? The problem is, resource dependency. When the price of the resource we sell goes up, we enjoy the good life. When the price of the resource we sell drops, we have issues. Back in the 1970's, cocoa was low, so while we were enjoying high oyel, Ghana was suffering from severe crisis...so many Ghanains ran to nigeria. When the oil price dropped in 1982...the following year we drove out the ghanaians. No more good times. I always say that APC failed because in 2015, they could have worked out a plan to take us off oil dependency, and take us on the road to a strong economy and a strong naira. INSTEAD...they continued with the oil money. Both buhari and tinubu. Because changing the economy na hard work...very hard work. See how tinubu is borrowing. Even subsidy removal...he had no choice, and he even brought it back for some months, before removing it again. NO plan from this government to get us on the path to a economy dependent on industrial development...which is how eg China went from being a weak piece of a country to a country with a strong economy. Instead of playing my mercedes is bigger than yours...(apologies to the late Nkem Nwankwo)...let us pause and learn from this thread that we need a leadership in 2027 that would get us off oil. At least start the process. We cannot rely on oil revenue that in real life can only do 1-5 million people, instead of the 240 million people we are. (and far too many people here pretend it can..lol). We got to actually fight corruption, and we got to fund our secrurity forces well enough. Anyway, who am I talking to? No be Nigerians who want to chop money? |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by ViceGovernor: 9:39am On Sep 27, 2025 |
The fact is that the PDP days were the only good days were had in this country..... Now those who were in PDP are now going to APC which has left many of us corn-fused. God abeg help us wipe this wicked rulers out power. |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by ViceGovernor: 9:49am On Sep 27, 2025 |
Kennitrust:The man is true to his words....next year he will fulfill the promise of "I will widen the tax net" |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Agwaso: 10:21am On Sep 27, 2025 |
This statistic appears inaccurate when compared with actual market data. For example, a 2010 Toyota Highlander that was valued at about โฆ5.5M in 2015 now sells for over โฆ20M in 2024. Given this reality, how can the reported figures be considered correct? |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by nairalanda1(m): 10:47am On Sep 27, 2025 |
ViceGovernor:Yes and some will tell you of the good old days of the 1970s when students at university ate chicken in the canteen and bread cost 50k a loaf and beer was 75 kobo a lot and a car cost 350 naira... We miss those days ![]() |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by DeepSight(m): 10:54am On Sep 27, 2025 |
Kennitrust:Not even the Frog is silly enough to have said that during campaigns. Here's the truth - There was a circulating video, which was later fact-checked as edited and manipulated, claiming Tinubu promised to "reduce the purchasing power of the people, further slow down the economy and widen the tax net." The original, unedited video from 2019 shows him doing the opposite: appealing to the then Vice President not to increase VAT so as not to decrease purchasing power. *Culled |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Personperson01: 1:10pm On Sep 27, 2025 |
APC AND PDP IS Not... IDEOLOGICAL GET SENSE AFTER THAT GET LIFE. |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by ViceGovernor: 1:36pm On Sep 27, 2025 |
nairalanda1:Facts ๐ฏ one alhaji and I were talking just a little while ago and he was telling me that every single student used to get served a full chicken as lunch in university of ibadan.....I cant recall the year exactly......I swore that it is not possible in Nigeria..the man was just laffing @ me. He said he never paid a single kobo for school fees that it was free and he was even paid a stipends alongside other students. He's not someone that will lie but i believe him even though it's hard to believe. |
| Re: The Purchasing Power Of The Naira Between The PDP Vs APC Years by Ikeepgoing(f): 7:38pm On Sep 27, 2025 |
Hi |
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