African Cities With Highest Purchasing Power - Foreign Affairs - Nairaland
Nairaland Forum › Nairaland General › Politics › Foreign Affairs › African Cities With Highest Purchasing Power (11308 Views)
| African Cities With Highest Purchasing Power by Racoon(op): 7:59pm On Jan 12 |
Purchasing power is one of the best measures of how well salaries can cover basic necessities, such as housing, transportation, food and healthcare.https://www.vanguardngr.com/2026/01/9-african-cities-with-highest-purchasing-power/
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| Re: African Cities With Highest Purchasing Power by Racoon(op): 8:03pm On Jan 12*. Modified: 8:57pm On Jan 12 |
"The care of human life and happiness is the only legitimate object of good government." ( Jeffersonian Credo ).Purchasing power is one of the best measures of how well salaries can cover basic necessities, such as housing, transportation, food and healthcare. The cost of living affects the dynamics and living standards of citizens Based on the Purchasing Power Index and global rankings, African cities can be livid where residents enjoy comparatively stronger economic leverage over goods and services. |
| Re: African Cities With Highest Purchasing Power by MufasaLion: 8:07pm On Jan 12 |
Apparently, the supposed "Giant of Africa" is always nowhere to be found. |
| Re: African Cities With Highest Purchasing Power by Racoon(op): 8:13pm On Jan 12*. Modified: 8:54pm On Jan 12 |
“If we reduce the purchasing power of the people, we can further slow down the economy. Let’s widen the tax net. Let the net get bigger, and we take in more taxes. And that is what we must do in the country.” This is the 2019 Tinubu Speech that people ignored and clapped for him that is biting back now after some years. Rendering the purchasing power of a country's currency with useless economic policies is not political sagacity. |
| Re: African Cities With Highest Purchasing Power by Racoon(op): 8:16pm On Jan 12 |
MufasaLion:What else does the country expects from a gang of looting taxmasters with zilch on how to grow economy apart from afflicting its citizens with multiple economic burdens? |
| Re: African Cities With Highest Purchasing Power by MufasaLion: 8:22pm On Jan 12 |
Racoon:Well, the sad part of the Nigeria situation is that it will keep getting worse regardless of the leader(s). What many people fail to realize is that democracy will not be effective for a long time in Nigeria if we keep using it unless there's a strong-willed leader that can be brutal! |
| Re: African Cities With Highest Purchasing Power by Mattswaggz: 8:56pm On Jan 12 |
Lol....as expected you'll never find that country led by the France man in this list. |
| Re: African Cities With Highest Purchasing Power by lordopsy2018(m): 8:56pm On Jan 12 |
70 thousand minimum wage comes to mind |
| Re: African Cities With Highest Purchasing Power by ThunderFireAgba: 8:57pm On Jan 12 |
Bladderdash!! Purchasing power as in what?? Which what population? JB and Cape Town that foreigners are selling chewing gums and sweets for roadsides? Makeshift tents and wooden tables all over the work ways. A city with less than 10million inhabitants is bad for business. |
| Re: African Cities With Highest Purchasing Power by Oakenshield: 8:58pm On Jan 12 |
Tripoli with war still get strong purchasing power pass us |
| Re: African Cities With Highest Purchasing Power by thomas2024: 8:59pm On Jan 12 |
Racoon:I was just praying in my mind that I should see Lagos, Abuja or Portharcourt🤔 Nawa ooo😩 |
| Re: African Cities With Highest Purchasing Power by esnbrutality: 8:59pm On Jan 12 |
Ttalk Domperigon Richtaiwo Wizardofng Madridguy Legendhero Abeg...come and let the forum know why TINUBU the strategist and accounting wizard has failed NIGERIA, you claim IGBOs and other anti APC people hate? How can a Nation where a bag of rice was bought with MONEY that could Fit a Wallet during Obasanjo to Jonathan era, has now become what a Bundle of cash can't afford now? TINUBU is a criminal and identity theft merchant. How can a supposed builder of LAGOS be a resounding failure both in Lagos and NIGERIA as a whole! APC is a failed entity..but... TINUBU is a failure PROMAX ![]() |
| Re: African Cities With Highest Purchasing Power by CodeTemplarr: 8:59pm On Jan 12 |
Not even Abuja or PH or Lagos or Kano. We specialize in rankadede-ism. Giant of Africa indeed. |
| Re: African Cities With Highest Purchasing Power by Khyrvxjzy: 9:01pm On Jan 12 |
Racoon:don't be a fool, he was telling buhari not to reduce the purchasing power |
| Re: African Cities With Highest Purchasing Power by IronGalaxy: 9:01pm On Jan 12 |
Southern and Northern African cities only.. |
| Re: African Cities With Highest Purchasing Power by PulaPower: 9:02pm On Jan 12 |
This Op is always been so unfortunate.. He loves playing himself.. |
| Re: African Cities With Highest Purchasing Power by Antoeni(m): 9:04pm On Jan 12 |
The International Monetary Fund (IMF) predicts Nigeria's per capita income will hit a three-year high in 2026, with a GDP per capita of $940.2, up from $835.49 in 2025. This growth is anchored on sustained implementation of government reforms, stable crude oil prices, and improvements in domestic oil production. ³ ⁴ But As We Have Olodo Leadership How Do Nigeria Achieve This, When All They Think of is Looting For 2027 Election |
| Re: African Cities With Highest Purchasing Power by esnbrutality: 9:05pm On Jan 12*. Modified: 9:36pm On Jan 12 |
Awon sophisticated region of illiterates ![]() How do you TINUBU supporters reason sef? How does that statement mean he was advicing BUHARI. Someone that believes impoverishing the population via scandalous policies is sound economics? That is why PO said explicitly. Why is TINUBU taxing the Poor!!!! Go sleep.. Nonsense ![]() Khyrvxjzy: |
| Re: African Cities With Highest Purchasing Power by IronGalaxy: 9:05pm On Jan 12 |
ThunderFireAgba:You don't understand this concept, do you? |
| Re: African Cities With Highest Purchasing Power by WhizdomXX(m): 9:06pm On Jan 12 |
Lagos or Abuja where art thou? |
| Re: African Cities With Highest Purchasing Power by esnbrutality: 9:07pm On Jan 12 |
Shame on you and your coven of sophisticated propaganda merchants. Hunger wan kee you and you are shouting MANDATE on empty stomach. ![]() PulaPower: |
| Re: African Cities With Highest Purchasing Power by esnbrutality: 9:09pm On Jan 12 |
| Re: African Cities With Highest Purchasing Power by PeterObi4Presid: 9:10pm On Jan 12 |
For people who think Lagos should be there: read this . Purchasing power is the ability to buy quality goods and services to meet basic needs like food, shelter, clothing, and healthcare. Think of it as having enough money to afford quality essentials without stress. In economics, it's linked to income level, inflation, and cost of living. For individuals, it's about financial stability and quality of life. |
| Re: African Cities With Highest Purchasing Power by fasho01(m): 9:11pm On Jan 12 |
It's dominated by SA cities |
| Re: African Cities With Highest Purchasing Power by Empresa: 9:11pm On Jan 12 |
ThunderFireAgba:Did you understand the topic abi you just want talk. They're talking about countries where money exchange hands easily or quickly. SA is one of the best place in Africa to get rich quick. Except you don't live or have never been to SA before. |
| Re: African Cities With Highest Purchasing Power by Princedapace(m): 9:12pm On Jan 12 |
MufasaLion:Some of u dont really know how useless nigeria is. hahahah the country is a complete mess. Guy, I wrote an article here and stated that the tax bracket for poor should start from 60m yearly. Nigerian leaders are extremely wicked. How can u consider a poor person to be someone who earns 1.2m yearly to be excepted from income tax? That is ridiculous. Ur income has no power here. Infact, Most Nigerians are poor. Anyone who earns 1.2m yearly is dead already. A person earning 30m a year is still struggling and Tinubu wants to completely reduce their purchasing power. The reason why someone who earns 30m yearly is struggking is because he most likely will have dependent parents, siblings, spouce, and he will sort out social amenities by him self such as schooling, electricity, water, bore hole, security, drives on terribel raod, handle health care. So, at the end, 30m otilo. Now, Tinubu plans to take a cut from that. Has his purchasing power not reduced again? It has been reduced. In the next 4 years, many people who struggled will struggle more. |
| Re: African Cities With Highest Purchasing Power by Yankiss(m): 9:15pm On Jan 12 |
MufasaLion:A benevolent dictator, you meant. |
| Re: African Cities With Highest Purchasing Power by Walai(m): 9:21pm On Jan 12 |
Where is the Lagos Tinubu built? |
| Re: African Cities With Highest Purchasing Power by Basicend: 9:21pm On Jan 12 |
Morocco has 2 cities on that list. They don't have oil, gold, diamonds or rare earth minerals. Nigeria have all the above is varying quantities, yet citizens can hardly feed. |
| Re: African Cities With Highest Purchasing Power by Nobody: 9:22pm On Jan 12 |
MufasaLion:Giant by population size only....you expect a bunch of almajiris to make the top in anything positive? |
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