₦airaland Forum

This is how pathetic Nigeria has become.

I'm short of words, Honestly.

i, need 504 car
our military 🎖️ 🪖 GOC
Still driving it, painted it green,
Some police officer, dey fear to stop 504 car, thought it maybe soldier car!

Nigeria can never be good, let alone, Better.

muyico:
i, need 504 car
our militry HOC

Why u first me comment ontop my post na

DeclanR:
Why u first me comment ontop my post na

Mr man?
Gbe agbara le

muyico:
Mr man?
Gbe agbara le

Guy, I dey H

So so terrible and sad for a nation. Nigeria's rot has been a plague from time immemorial.

How can fueling the full tank of a vehicle be more expensive than some people's monthly salaries in a country. And people say fuel is cheaper in Nigeria than USA and Canada because of exchange rate. Nigerians are really not that intelligent.

I don't know how to make y'all understand that Nigeria is the most expensive country in the world

Those supporting Iran would come to attack you.

DeclanR:
This is how pathetic Nigeria has become.

I'm short of words, Honestly.

1 kobo was a lot of money by that time.

Tinupoo and his minions can not relate on what good purchasing power does to an economy

No thanks to Politicians... Still a lot of us are still asleep.

muyico:
i, need 504 car
our military 🎖️ 🪖 GOC
Still driving it, painted it green,
Some police officer, dey fear to stop 504 car, thought it maybe soldier car!

mostly 307, officers uses the car very well

The same people that benefited from this will be telling the younger generation that they are entitled and want government to do everything.

Meanwhile in the 60s 70s and 80s, their own father's and grandfather's gave them everything.

christejames:
Tinupoo and his minions can not relate on what good purchasing power does to an economy

During his campaign, he said his reforms will reduce purchasing power, and they all clapped for him.

As we speak,fuel is N1,300/ltr in Awka,Anambra State.

All within a generation.....not some thousands of years ago. Just 48 years ago. Meaning that there are many Nigerians still alive that bought both the car and now the fuel for exactly the same price.

If there is any other definition of falling off a cliff, tell me.

internationalman:
How can fueling the full tank of a vehicle be more expensive than some people's monthly salaries in a country. And people say fuel is cheaper in Nigeria than USA and Canada because of exchange rate. Nigerians are really not that intelligent.

I don't know how to make y'all understand that Nigeria is the most expensive country in the world

Ok so during obj a car cost N1,800 or doing Gej a car cost N1,800?

Pls blame Nigeria Citizen they are the worst citizen of any country in the world. Even a pepper farmer will hike pepper price I mean pepper he or she planted on his/her backyard and if you ask why, he or she will tell you don't you hear petrol is cost in Iran?

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1080 Naira in 1977, is 500k Naira today.
This is why some people should not be allowed to vote. Simple concepts like inflation and APC's incompetence, are simply incomprehensible to some people.

The value of 1,000 naira today is not the same in 1970's.

Therefore, 1,000 naira today can't buy you a car in 1970's.
It is 1,000 naira in 1970's that can buy you a car.

/
Toyota Camry 2006

Tank capacity: 70 liters

Cost to fill: N1050 x 70 = N73,500

Minimum wage: N70,000

In 1977, $1 == N0.647k
So N1080 in 1977 was equivalent to $1670
In Tinubu’s economy, $1670 is N2.3m (can’t even buy a used Korope bus)

So what happened?


/

this is not about being pathetic or not same amount they are selling peguot in US and UK that same year can't be the same till date..


Things and prices do change with time naturally and not all about APC or PDP saga una dey clamour for daily..

Abeg rest

Which way Nigeria..... Seun please find attached documents

Bwilliam:
1080 Naira in 1977, is 500k Naira today.
This is why some people should not be allowed to vote. Simple concepts like inflation and APC's incompetence, are simply incomprehensible to some people.

So was a car costing 1080 in 2013, or 2009?

(APC is a terrible party, but they were not in charge after 1977 by the way)

Go back to 1977 and buy it nah!

Nothing positive from the "snatch-grab-run away with it" government is obviously working in Nigeria. Masses are subjected to abject poverty and suffering whereby food, accommodation, etc is now seen as luxury..

Okay continue looting our national resources and just give us security so that we can fend for ourselves, na lie..!

DeclanR:
This is how pathetic Nigeria has become.

I'm short of words, Honestly.

Okay where to start....and note that I am not defending APC.

1.Your average car today has more components than the average car did in 1977. Hence today's cars would cost you far more than they did in 1977.

A ford car would cost 3000-4000 dollars in 1977 in the USA...today, it would range between 28000-90000 dollars in the same USA.(Ford makes exxceedingly good cars by the way, then and now).

2. Most Nigerians won't have been able to afford that car. Either your working place gave you a car loan (which had to be paid back..this was not free money) or you borrowed money from a bank . Very few people would have gone to a bank to drop money for a car.

As for saving, yes, it was possible, but hard. Harder when you were looking after a family.

3. Nigeria was benefitting from an oil boom then...and back then, the government was begining the bad habits that led us to where we are today...like subsidsing dollars, roundtripping and so forth. And overimporting. (Note that we were wasting forex importing all the components of the car to assemble here in nigeria. Innoson today at least manufactures a significant amount of components for his cars here in Nigeria).

4. Even then, most people were poor and broke back then. Again, only a tiny minority would have been able to buy a new car. Not everybody. Unless you graduated from university and had a job either for government or for very lucrative private sector companies, forget about buying new car.

5. We were making cars in Nigeria then, ..scratch that, assembling them....but most of the components were imported from abroad. SO long as we had high oil prices, Nigeria could manage to do it, but once the oil price crashed in 1982..problems started. By 1990, some 13 years after, a similar brand new car would have cost you anywhere between 400000-1million naira tops. And even when we were assembling cars here, people were importing tokunbo from oversease. (They used to call them belgium car).

6. Nigeria's problem is that we are a resource dependent economy. And that is why APC and all your past governments are a disgrace, and until we vote in a government that is ready to take us off resource dependency, car go cost 100 million naira in ten years, and we would be calling tinubu time the good old days.

7. Even if Nigeria had been run by good leaders who would have made us make the cars at home, inflation happens whether your government is good or bad. NO car would be costing N1000 today even then.

There was also freebies from government to make life easy. Sometimes I wish the whites stayed longer in Nigeria. Nigeria independence should've been 2020.

Nigeria is a crime scene.