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NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi (5690 Views)

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Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by gracias124: 6:11pm On Nov 10
very very very very much sure
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Wickedfacts: 6:12pm On Nov 10
GravityDefier:
The data boys should come fast and do their job. Their attention is needed here
Obidient gala and malt collectors, go lot and learn basic economics before contributing to this topic.
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by olutops(m): 6:13pm On Nov 10
Tinubu actually slow down the economy

reduced people's purchasing power

and enlarges tax net.....

WHAT A NIGHTMARE OF A PRESIDENT'S MINDSET....


Tinubu is a plague
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by floss(m): 6:14pm On Nov 10
Basic123:
So,how much did you and that useless peter OBI you promise to start paying them when you form government next yearhuh?



Abi..you want to form government to continue criticizing
Is it that you can't criticize tulumbu abi is he not the president or is everything alright with how he's criminally running your country ?

They're talking about the economy instead of you to defend with proof, you're mentioning obi.... Is it that once someone tells you

Explain why the vehicle you repaired is still faulty?

instead of explaining, you start telling the person,

My neighbor needs to tell me what he would've done differently... To solve this problem

That's exactly how you guys sound whenever someone criticize your demigod tulumbu

You start mentioning obi... Has obi ruled Nigeria yet ?

Your tulumbu already done 1 tenure, why not defend him with facts what he has achieved and how it's moving Nigeria forward in your eyes...

You guys are very dull I swear... From tulumbu down to you guys
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Fekumzi123: 6:14pm On Nov 10
shollyBi:
This is our sad reality. Devaluation by over 300% and yet they want to continue the disaster by all means. Evil has taken over, demonic State capture
You see evil we see good. Continue seeing evil until you kpaii
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by adecz: 6:14pm On Nov 10
👉I served when my monthly allowee
could buy 3 bags of rice, foreign rice 🍚
for that matter...

👉2 years back, Corpers allowee couldn't buy
a bag of improved locally processed rice.

👉Talking of TP sef, a Corper from SS or SW
Nigeria serving in Sokoto or Maiduguri, his
monthly allowee can't pay a one way trip..


👉APC has brought unprecedented poverty
and cankerworm to Nigerians 🇳🇬
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Jakarta: 6:16pm On Nov 10
keemsleek:
My allowed was 6500. I served In Owerri and was staying at prefab working at njeribako.

200 naira bike tro and fro and I go to work 6days a week that's 1200 a week in a month it's 4800. That's 6500-4800= 1700 so at the end of the month I have got 1700 left without feeding.... lol no be only purchasing power

If not for that beautiful sweet babe that cooks sweet soup hmm.
You no fit try that kind rough play with the current minimum wage.
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Jayhome24: 6:17pm On Nov 10
Then reverse yur life backward to 70s na.

Why I h8te this nonsense lousy professor of Jargon is when he was making noise I'm this I'm that, I'm an econist I'm an commercialist then the late Uduaghan the ex governor of Delta made this nonsense man a chairman of economy committe to oversee Delta economy platform this lousy thing failed and Uduaghan sacked him.

Only noise and lousiness on Internet.. Utomi pls kiip kwayeti and go back to yur 1970 shit..
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by OredoPikin: 6:19pm On Nov 10
Alliswell248:
Nothing to defend about this. Inflation happens all over the world, not pecuiiar to Nigeria.
Nigeria under tinubu is not normal
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by kolawo(m): 6:21pm On Nov 10
Is it not your brother, emefiele that destroyed the naira?
One day una people go become president, we will see the reforms you will bring then!
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Wickedfacts: 6:21pm On Nov 10
Jayhome24:

I'm this I'm that, I'm an econist I'm an commercialist then the late Uduaghan the ex governor of Delta made this nonsense man a chairman of economy committe to oversee Delta economy platform this lousy thing failed and Uduaghan sacked him.

Only noise and lousiness on Internet.. Utomi pls kiip kwayeti and go back to yur 1970 shit..
Utomi is the only Nigerian alive who has the record of killing 2 PLCs under his watch.
PAN Nigeria.
Bank PhB

In th6a China that Peter Obi often refers to, them go don behead this Utomi.
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by jamafa: 6:23pm On Nov 10
njokuuche77:
Tell that to a corps member who can’t afford transport to their PPA.
Yes, inflation happens everywhere, but starvation and complete loss of purchasing power at this rate is uniquely fueled by bad local policies.
Other countries face inflation, but their minimum wage and allowances are adjusted to keep people alive.
When your "increased" ₦77,000 allowance buys less than half of what ₦33,000 bought just a few years ago, that’s not a global crisis, that’s a failure of the APC government's economic management.
Stop defending the indefensible.
Nah Tinubu regime corps members start trekking ??

You guys are just funny anyhow
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by nedu666: 6:31pm On Nov 10
Alliswell248:
Obasanjo had 18 billion usd forgiven, or cancelled. Tinubu never got that. Our population was less than 120m then, now we are over 230m.
Oga read what you wrote. So between 2007 and 2023. Which is 16 years population grew by 110 million persons. Yet between colonial rule and 2007 population was 120 million
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Alliswell248: 6:31pm On Nov 10
OredoPikin:
Nigeria under tinubu is not normal
Tinubu stopped using our fx reserve to pad the dollar price. All those before him were afraid of this. Also Tinubu stopped multiple exchange rate.

Give him his flowers. I sell fx many years ago.
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by AuxiliaryD(m): 6:31pm On Nov 10
It's too late now.
TINUBU FOR 2027.
Let the suffering continue.
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by OredoPikin: 6:33pm On Nov 10
Jayhome24:
Then reverse yur life backward to 70s na.

Why I h8te this nonsense lousy professor of Jargon is when he was making noise I'm this I'm that, I'm an econist I'm an commercialist then the late Uduaghan the ex governor of Delta made this nonsense man a chairman of economy committe to oversee Delta economy platform this lousy thing failed and Uduaghan sacked him.

Only noise and lousiness on Internet.. Utomi pls kiip kwayeti and go back to yur 1970 shit..
Uduaghan sacked him or he resigned when he didnt allow them to use him to steal delta money
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Timmi: 6:33pm On Nov 10
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by nedu666: 6:34pm On Nov 10
Jayhome24:
Then reverse yur life backward to 70s na.

Why I h8te this nonsense lousy professor of Jargon is when he was making noise I'm this I'm that, I'm an econist I'm an commercialist then the late Uduaghan the ex governor of Delta made this nonsense man a chairman of economy committe to oversee Delta economy platform this lousy thing failed and Uduaghan sacked him.

Only noise and lousiness on Internet.. Utomi pls kiip kwayeti and go back to yur 1970 shit..
Always typing in bold. You and chucks13 must really suffer from complex issues and must be the type that shouts in real life to get their point accross
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Alliswell248: 6:36pm On Nov 10
nedu666:
Oga read what you wrote. So between 2007 and 2023. Which is 16 years population grew by 110 million persons. Yet between colonial rule and 2007 population was 120 million
Okay, lets live it if you cant understand. Tinubu rescued Nigeria from bankrupcy. How many trillion were printed during the last administration? GEJ met our fx at 42 billion usd, left it at 28 billion usd. Tinubu is growing our fx reserve. GEJ used our fx reserve to keep price low. Its anti growth for a country to do that.
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by OredoPikin: 6:36pm On Nov 10
jamafa:
Nah Tinubu regime corps members start trekking ??

You guys are just funny anyhow
we are talking about the value of money now.
i did my service when it was 19500 under Buhari then.
19500 of then is well over 77k in terms of value now.

there was never a time wages and salary were as meaningless as it is now.
you know it. lets learn to say the truth regardless
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Jayhome24: 6:37pm On Nov 10
nedu666:
Always typing in bold. You and chucks13 must really suffer from complex issues and must be the type that shouts in real life to get their point accross
Face the topic plss
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Alliswell248: 6:37pm On Nov 10
AuxiliaryD:
It's too late now.
TINUBU FOR 2027.
Let the suffering continue.
Yes for ignorant people like yourself.

President Tinubu is the best man for the job
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Jayhome24: 6:38pm On Nov 10
OredoPikin:
Uduaghan sacked him or he resigned when he didnt allow them to use him to steal delta money
Another liar from usual Emperor Lamba quarter.

Yu nor dey shame or what?
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by manmade(m): 6:45pm On Nov 10
Bobloco:
Honestly, Tinubu has taken Nigeria back to the medieval era.
keep quiet there 🤐, where is your LG chairman and governors? Go and hold them accountable
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by manmade(m): 6:49pm On Nov 10
OredoPikin:
we are talking about the value of money now.
i did my service when it was 19500 under Buhari then.
19500 of then is well over 77k in terms of value now.

there was never a time wages and salary were as meaningless as it is now.
you know it. lets learn to say the truth regardless
president Tinubu is still the best president Nigeria has ever had and he will continue till 2031 InshAllah, we love him and we will vote for him again
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by davillian(m): 6:50pm On Nov 10
Alliswell248:
You guys amaze me with your level of thinking. Naira value was pegged for years. Naira wasnt that strong. Lets allow Naira to find its real not artificial value.
That was what Asiwaju did
And hid empty brain now asked him to remove subsidy join …. So that things would be hard for Nigerians
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Emzedz: 6:50pm On Nov 10
Evil has laid siege on nigeria by tinubu regime. Wat an evil n corrupt oldman
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Alliswell248: 6:53pm On Nov 10
davillian:
And hid empty brain now asked him to remove subsidy join …. So that things would be hard for Nigerians
Its for a while. We cant allow nigeria to go bankrupt. Naira cant be worthless.
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by Ogabode: 6:58pm On Nov 10
njokuuche77:
Where is @Helinues @yarimo and @richtaiwo? Come and defend this with math, not propaganda.

Let's look at the actual purchasing power realities:
• In 2010: NYSC allowance was just ₦9,775. Fuel was ₦65/litre. That small "allawee" could buy 150 litres of petrol.
• Today (November 2026): The government increased it to ₦77,000. Sounds big, right? But with fuel at roughly ₦1,355/litre, that ₦77,000 can only buy about 57 litres of petrol.

Corps members have lost almost 100 litres of fuel capacity despite a nominal "increase." When Pat Utomi says ₦100 in the 70s/80s could buy what ₦200,000 buys today, he is speaking basic economics.
This APC administration has mastered the art of giving with one hand (printing paper money) and collecting everything back with the other via hyperinflation.

APC Maladministration
Dem don cast these ones na grin
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by ppogba: 7:00pm On Nov 10
Bobloco:
Honestly, Tinubu has taken Nigeria back to the medieval era.
Especially since he was the one ruling Nigeria since when Pat Utomi received N100 as a corper till date.
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by sulaak(m): 7:02pm On Nov 10
Jakarta:
Even #7500 minimum wage of 2003 has more purchasing power than the current 70k minimum wage. Weytin Tinubu no fit condemn no dey.
Nigerians lacks the skills or value to warrant a minimum wage
Re: NYSC Pay In The 70's Had More Purchasing Power Than Today's ₦77,000 - Pat Utomi by OredoPikin: 7:04pm On Nov 10
Alliswell248:
Okay, lets live it if you cant understand. Tinubu rescued Nigeria from bankrupcy. How many trillion were printed during the last administration? GEJ met our fx at 42 billion usd, left it at 28 billion usd. Tinubu is growing our fx reserve. GEJ used our fx reserve to keep price low. Its anti growth for a country to do that.
God, how this man successfully deceived you people sha that he rescued Nigeria grin
borrowing to loot
collecting tax to loot
removed subsidy to loot
God help you all

lets talk about the foreign reserve you all think he is doing magic
under obasenjo
our foreign reserve grew from $4.9billion to $43.2billion in 2007. that is over 800% increase and he paid subsidy, did not tax Nigerians to their last breath and borrowed minimal

Tinubu met it at $34billion, he has not even achieved 100% growth in 4yrs, he is not paying subsidy, he is taxing Nigerians to their last breath, he has borrowed more than all administration since 1999 combined, he has not face any economy or global recession like that of 2009 and 2020 and you are here talking about him saving Nigeria.

Many of you really need to learn and stop been ignorant and loud
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