₦airaland Forum

With the current economic recession and price of things shooting up, what range is classified as a low income salary?
Less than 50k?
Less than 100k?

if tinz hard for the country,den how come girls still get plans to throw away iPhone buy iPhone.. Abi dem get personal economy?

It depends on your living standard and family makeup!
If you're single anything below 30 is bad

with iphone7 out and my tashere salary, I no think say I go fit buy the phone.
anyway, am thinking of obtaining a 500k loan so as to buy that iphone7

50k

I don't know

Hmmmm.... No salary is low in this hard times o. When some people are getting no salary at all, no job, no business, nothing. Some people will still get sacked this month.

Even if na 20k, just thank God. Someone somewhere is looking for just N20 to buy his/her next meal.

It's [size=15pt]LadyF[/size] again

[size=5pt]Make I go continue my search for Skrill funds...freelancers, forexers, biko epp me. N390/$[/size]

How much is minimum wage?
Even minimum wage cannot buy a bag of rice
.

. If Saraki and Femi Adesina are complaining of recession, Wetin make I talk?

Our Minimum wage..

Depends strictly on your expenses. Higher expenses calls for higher income or funds!

Will say less than 50k..

Barka D' Sallah to all my Muslim friends in the house.

Below 30k; I'll go for that

Less than 50k is quite low

Person see 50k job 4 dis recession, no be to go give testimony 4 church be dat, who dey yarn about low income sef...... Na to see food put 4 belle all man dey find. 1 day at a time until we comot 4 dis menace called recession. E go beta my people.

Less than 100k if your eventual net savings is less than 20k per month.
Less than 50k if you're single and your net monthly spend is less than 30k

Recession is a word.- K.A


Your standard of living premised on your current living expenses is a determinant of what income is acceptable.

Because the impact of recession on the citizens varies. It all depends on your status before the recession, and the impact of it on your current status/income.

We pray that Nigeria never slides into depression, but comes out STRONG from this current situation. (Amen).

Shalom!

.

It's hard to tell.
'Low income' is relative.

make money there and get out of recession personally check these out serrurier-pas-cher-nice com

Is only Buhari that can answer

javijabor1:
With the current economic recession and price of things shooting up, what range is classified as a low income salary?
Less than 50k?
Less than 100k?

I Recieve 285k monthly before this evil baba came into power and now my salary has been slashed to 120k. I can hardly meet my needs and obligations due to the reduction. I regret voting this stubborn old man into Aso rock

I think it all depend on family composition including dependants outside ur immediate family.

stopikwa

You people haven't woken up yet. This is not just a recession. It is a continuation and worsening of the recession that started in 1960. The Nigerian economy has always been propped up by oil revenue thereby creating the illusion that there was growth. If oil prices were still the same, you all would be thinking everything was fine. Get ready. It's only going to get worse.

mrkayusfit:
I Recieve 285k monthly before this evil baba came into power and now my salary has been slashed to 120k. I can hardly meet my needs and obligations due to the reduction. I regret voting this stubborn old man into Aso rock

Oga answer the thread question first before sharing your memoirs with us.
Even our ancestors are turning in their grave as to how their descendants became soo dull to vote in a clueless govt .


To our Muslim faithfuls :
May the blessings of Allah
Fill your life with happiness
And open all doors of success
Now and Always
Eid Mubarak

sapiosexual1:
Oga answer the thread question first before sharing your memoirs with us.

Even our ancestors are turning in their grave as to how their descendants became soo dull to vote in a clueless govt

The ancestors are really angry, no be small.

mrkayusfit:
I Recieve 285k monthly before this evil baba came into power and now my salary has been slashed to 120k. I can hardly meet my needs and obligations due to the reduction. I regret voting this stubborn old man into Aso rock

Eyah, pe le oooo.

Your nominal wage without adjusting for inflation has been slashed to 120k. Chai!

If you come consider the current inflation at 17.1%, join am the with recession, after deducting all taxes, you will see that your disposable income is less than N50,000 from it usual N285,000.

This unfortunately is what leads to depression.

Voting a man with NEPA Certificate and a formal coup-plotter is the most grievous sin of the 21st Century.

Btw: I wish you well and pray Nigeria comes out strong within the shortest time possible.

Shalom!