₦airaland Forum

nairalanda1:
There is one thing missing from that picture

Modified

The reason why the value of the naira is going down is because we are not producing industrial goods for export. That is what nations with strong currencies do

Nigeria is sabotaging its productive effort by keeping subsides on electricity, which prevent the sector from growing as it should grow. Also, we don't put tolls on the road, and a lot of public utilites are kept cheap, meaning cities cannot pay for improvements

All that drives away investment and leads us into more poverty and destruction

No, the answer is not selling more oil or more minerals. Our population is too large for that. We better accept the hard truth, or we would keep going from one bad leader to another promising us the moon and giving us rocks because reality always thrashes fantasy.

We cannot be using oil money to lie to ourselves. Even the poster I quoted knows that the value of the naira under GEJ was built on high oil prices and debt forgieveness which reduced our debt. And even then, NIgerians were complaining about how bad things were, so the next leader came with story on how to keep value of naira high...Buhari and his sidekick tinubu. Well, you know how that turned out...naira has fallen in value largely because thanks to the fall in oil prices, borrowing and printing of naira was ramped up, which worsened the debt even more, and led to inflation, which made things worse for our revenue..and led to subsidy removal, and ironically even more borrowing.

All because we do not do what countries with strong currencies do. Export industrial goods and atrract value to our currency. No nation became prosperous from selling oil or other minerals, they became prosperous from using their raw materials to make stuff the world needs.

This has absolutely nothing to do with the fall of the naira

LZAA:
This has absolutely nothing to do with the fall of the naira

Yep, because you think I support tinubu, you do not want to see the truth.

Good evening, my dear comedian friend. Enjoy your government

FSBoperator:
My loud budget is 12k per day.

Scottish cost me 25 to 30k.

I gatz to slow down on that Scottish because madam said my midfielder is no longer in form.

Reno is an idiot and a grifter who I have since been warning you clowns since forever but for some reason you all say I am Reno.

Reno Adamu IBN U-TURN 😂😂😂😂😂😂

To knock this guy's head dey hunger me. What an insult to Nigeria and Nigerians...

I'm holding myself from saying God will punish someone... God still knows what to do.

No dignity, no shame

Racoon:
https://www.vanguardngr.com/2026/09/average-nigerian-can-live-on-n3000-daily-reno-omokri/

May God not allow us start to think this wickedly because we are trying to please our paymasters.

People spend 2 - 3k a day just on transportation in this economy. You can’t even find a plate of food at bukka for 2k anymore and someone thinks an average Nigerian can survive on 3k?!!!!

We cannot continue this way.

From another thread, someone wrote this. Poverty dey Nigeria o, Reno take note:

LordLicifer:
Did you just pick only this part from my reponse to your comment? Did you read all my comment like i read yours?


Mek i ask you again, pay tax, pay tax pay tax! from which jobs? Govament are not providing jobs but you are suggesting people pay tax. what? you even suggested 100000 a month tax. No wahala!! But many naigeerians are streets hawkers and menial jobbers who do not earn up to 20000 a month.

Shikena:
An average Nigerian does not buy food outside. That makes it a lot cheaper. Outside of Lagos and Abuja, we still have millions of Nigerians in other environment.

How much is a plate of food at your location? How much is okada drop? How much do you pay as utility bill? How much do you spend on calls and data?
How much do you spend on hospital bill for your children (if you have)? How much do you pay as their school fees? How much is house rent at your location?


How much is minimum wage?

Nigerians should wait until Tinubu wins his second tenure. The suffering will be promax. Tinubu is heartless and cares less about anyone except himself and cronies. He said it's his turn and so can do anything he wants. Just wait! Bookmark this.

Racoon:
https://www.vanguardngr.com/2026/09/average-nigerian-can-live-on-n3000-daily-reno-omokri/

Still smoking that stuff

Na to hold this guy for nkoro beat am well well

Look at the fool let say you live on 3000 naira daily as Reno said at minimum wage of 70000 naira per month omo you still need to borrow 20000 Naira to make up for the month that means you are living above your means tell that fool Reno Omokiri to go get common sense

Racoon:
https://www.vanguardngr.com/2026/09/average-nigerian-can-live-on-n3000-daily-reno-omokri/

This is sad
The fact that he said this shows that he's nothing more than a sycophant
3000 Naira cannot buy a plate of food with daily nutritional requirement it won't even cover transportation talk more of a day accommodation etc

God sometimes I wish I was not born in Nigeria , a place where hardworking people reap poverty while thieves get into politics and enrich their generation with the common man supporting their cause for peanuts received during campaign for elections.

My guy even if u wan chop for mama put,only morning and evening,can 3k do? How bout tfair to and fro work?.....them really say Omokri mean goat pikin..that guy na mugu

Kukutente23:
I hope Reno is aware that N3000 will not fuel the car he used to to go for the market survey
When you say living on N3000 daily you should factor in transport, feeding and utilities like power and water.

Just making a case for feeding as daily living is reducing people to animals. It is only animals that their daily living is about feeding alone

That said, I don't know the market Reno went to but quote me anywhere, you can't get a tuber of yam for less than 1500 anywhere in this country today. A mudu of beans is over 1000 as well. Let's not go into rice. If you cook with charcoal, they sell a mudu of charcoal for N500. If it's gas, you're looking at 1300 to 1400. Pepper and tomatoes are cheap now. You should be able to get a considerable amount of both for 1000.

The above has already exceeded 3000 and we've not added onion, seasoning, and proteins. We've not added transport.

These guys should stop lying to hide the reality of the average Nigerian. Nigeria is not easy to survive at the moment!

Depends on who you ask .

For some:
Food - N25,000 per month (Dem no dey buy food outside, they cook)
Okada/Legedes Benz - N0 per month.
Utility Bill - N10,000 per month
Calls and Data - N4,000 (Almost 40% Nigerians use basic feature phones - no data)
Hospital bill for children - N0
Schools fees - N0 (for those with children in primary schools, still zero - school expenses N5,000 month)
House rent - N0 (Only about 50% of Nigerians live in rented accommodation outside of Lagos, Abuja & Port Harcourt, where you have up to 70% renters)
Minimum wage - Cannot be determined (Most are daily hustlers)

... and for some:

Food - N10m per month.
Fuel - N5m per month.
Utility Bills - N3m per month
Calls and Data - N2m
Hospital bill for children - N250,000 per month
Schools fees - N10m per month - pro-rated monthly
House rent - N0 (Multiple property owner)
Minimum wage - Are you serious?

louken:
How much is a plate of food at your location? How much is okada drop? How much do you pay as utility bill? How much do you spend on calls and data?
How much do you spend on hospital bill for your children (if you have)? How much do you pay as their school fees? How much is house rent at your location?


How much is minimum wage?

You sound very stupid

Shikena:
Depends on who you ask .

For some:
Food - N25,000 per month (Dem no dey buy food outside, they cook)
Okada/Legedes Benz - N0 per month.
Utility Bill - N10,000 per month
Calls and Data - N4,000 (Almost 40% Nigerians use basic feature phones - no data)
Hospital bill for children - N0
Schools fees - N0 (for those with children in primary schools, still zero - school expenses N5,000 month)
House rent - N0 (Only about 50% of Nigerians live in rented accommodation outside of Lagos, Abuja & Port Harcourt, where you have up to 70% renters)
Minimum wage - Cannot be determined (Most are daily hustlers)

... and for some:

Food - N10m per month.
Fuel - N5m per month.
Utility Bills - N3m per month
Calls and Data - N2m
Hospital bill for children - N250,000 per month
Schools fees - N10m per month - pro-rated monthly
House rent - N0 (Multiple property owner)
Minimum wage - Are you serious?

You have described how an average Nigerian politician views poor Nigerians.
It's a pity.

Oni sorire Oloriburuku

Racoon:
Imagine this insult to the sensibility of a nation and downplaying the suffering of its citízens. Now see the kinds of demons that are ruling a nation and the imbeciles supporting them.

Well said, I will advise the federal government of Nigeria to calculate this Ambassador's salary and allowance and entitlement to exactly =N=3000 naira on daly basis. His His monthly take home after tax should be =N=90,000 naira. I am not surprised. He speaks from both left and right sides of his mouth always.

Let the 90k salary start form the federal level and all political office holders. Awon were alasho.

Racoon:
https://www.vanguardngr.com/2026/09/average-nigerian-can-live-on-n3000-daily-reno-omokri/

the cursed man.May u die before 2027.

God punish you and your generation unborn for 600 years péré. Will the 3000 Naira cover daily feeding X3, transport, electricity, water, and if married with 2 kids too

You chop food and live in the bush, there's a global shift in prices, importations, oil prices, dollar dynamics are factors which outweighs the strength of wages in Nigeria

Things are cheap in Nigeria but people can't afford it , because capitals to live a good life are kept out of their reach, so much struggle little payment to survive

Antoeni:
It Is The greatest Travesty in Human History to Have Allowed/Enabled An Established Criminal ,incompetent Dunce to Oversee The Affairs of Over 200million People.
What An Absurdity?

Na this kind thing them Peter Obi and Atiku suppose use dey campaign.

Money for food, food for the belly put together FOOLISHNESS.

Using Data Boys as reference point, you'll agree with me that he's correct.
He understands how much it takes to keep One Data Boy busy.
Peanut of course!
They owe no body any responsibility - not their parents or family member.

louken:
You have described how an average Nigerian politician views poor Nigerians.
It's a pity.

You have said nothing.

He priced yam, he priced rice. How much then is a tuber of yam and how much is a cup of rice?