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Nairaland Forum / Entertainment / Celebrities / Random Question For Nairalanders (what Does This Mean?) (709 Views)
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Random Question For Nairalanders (what Does This Mean?) by ramalot(m): 8:09pm On Jul 15, 2020 |
There's no real reason behind this question, other than curiosity. When I was a kid in Nigeria, if someone said "that celebrity or that person is a millionaire," it meant something significant. However, with inflation, devaluation of the naira and such, what exactly does it mean today, if you say "that person is a millionaire"? 30 years ago, having a few million naira in the bank made you a Nigerian "millionaire," but today, you can barely buy a good car for that amount. In other words, what level of liquid assets makes one a "millionaire" today in the same sense it did, say 30 years ago? |
Re: Random Question For Nairalanders (what Does This Mean?) by Kriss216: 8:10pm On Jul 15, 2020 |
Come again please |
Re: Random Question For Nairalanders (what Does This Mean?) by XXXXTENTACION: 8:19pm On Jul 15, 2020 |
O.p please speak english abeg or kukuma break it down to layman terms |
Re: Random Question For Nairalanders (what Does This Mean?) by ramalot(m): 8:32pm On Jul 15, 2020 |
I didn't mean to make the question complicated. It's really a simple question: When YOU say "that man or woman is a millionaire," (in Nigeria) how much do you imagine that person is worth? |
Re: Random Question For Nairalanders (what Does This Mean?) by Goldenboy10(m): 6:13am On Jul 16, 2020 |
ramalot:His or her naira should be approximately 1 million US dollars. That is in my own understanding. |
Re: Random Question For Nairalanders (what Does This Mean?) by ramalot(m): 2:14am On Jul 17, 2020 |
Goldenboy10: So for you to consider a Nigerian in Nigeria a millionaire, they need to have approximately 386 million naira in the bank. All right. |
Re: Random Question For Nairalanders (what Does This Mean?) by GorillaApp(m): 11:57am On Dec 25, 2022 |
ramalot:For me, anything from a hundred million 1 Like |
Re: Random Question For Nairalanders (what Does This Mean?) by ramalot(m): 11:11pm On Dec 25, 2022 |
Justwise and DisGuy Hi, it appears the Nairaland spam bot restricted my posting access to my thread and the Travel section https://www.nairaland.com/7484940/lived-visited-over-30-countries Happened after I posted a google link about an hour ago. Not sure why. Please restore access, so I can answer additional pending questions people have. Thanks. |
Re: Random Question For Nairalanders (what Does This Mean?) by Ballzproblem2: 11:51pm On Dec 25, 2022 |
ramalot:just create another monicker and name it ramalot2 just like the 2 implies in my funny moniker, people will still know it's you |
Re: Random Question For Nairalanders (what Does This Mean?) by ramalot(m): 12:55am On Dec 26, 2022 |
Ballzproblem2: Thanks, but it's fine. I'll wait until they reactivate it, or the ban expires tomorrow night. I did post with a different account I have. |
Re: Random Question For Nairalanders (what Does This Mean?) by eazzzy1(m): 7:58pm On Dec 26, 2022 |
1 million in the currency you earn and spend in makes you a millionaire. According to the world bank, to be categorized as wealthy, you would have a net worth of at least 1.8m USD. |
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