₦airaland Forum

teeteepeejay:
Continental FOOL

E pain am. Lol

teeteepeejay:
See the oyinbbo slave. U don drag naija into the matter. Dunce

Sentimental full. Do you think the law cares about your feelings?

teeteepeejay:
No be pastor? He probably did it. Dont trust all these Men of Men

Court say he did not do it, but mumu you say him do am. You think say na nigeria judiciary be this?

DeLaRue:
Great.

If we can hit 6% in 2 years time, and hopefully 7 or 8% annual growth by 2029/2030, that would be magnificent.

A Nigerian economy growing at a 7 or 8% per annum over a sustained period will lift millions out of poverty.

Na statistics we go shop?

southsouthking:
Paramedics or they were Hamas?

This is the stupid excuse you lors use just to justify your babaric activities. The same way you tagged every igbo person ipob and unknown gunmen so that the nigwrian military can justify mass murder too

salbis:
Is shameful for a full grown man to talk like a parrot.

Benin and delta men are like that. Never tell them your secret, he will tell everyone even his dog. He will also male sure his dog tells its friends.

TUANKU:
I said it 3 days ago on this forum and someone was arguing with me. Add Somalia, Yemen and Pakistan to that list.

Lol....

TUANKU:
The level of insecurity in Nigeria is just out of this world.

When i tell people that afghanistan, iraq and libya are way safer than nigeria, they said its a lie.

The level of insecurity here is like that of cartels in south american drug ring

ValarDoharis:
Celebration of ignorance

Onye Ara!

Nde ara

IntelLord:
Please, kindly give me the analysis.

I'd like to have a full understanding of why N77k of today is less than N17k of back then (given the factors of inflation, naira devaluation, etc).

₦19,000 in 2011 as a corper is worth more than ₦77,000 in 2025 with same title because of inflation and currency devaluation over time.

1. Inflation and Loss of Purchasing Power

Nigeria has experienced high inflation for over a decade. Inflation reduces the real value of money. In 2011, ₦19,000 could buy significantly more goods and services than ₦77,000 can in 2025.

In 2011, ₦19,000 could pay a month’s rent for a small flat in some urban areas within Lagos

By 2025, ₦77,000 might not cover half that rent in the same area.


The Consumer Price Index (CPI) has increased sharply. According to the National Bureau of Statistics, inflation averaged:

Around 10% in 2011.

Over 28% in 2024. This means cumulative inflation over 14 years could easily exceed 300–400%.


2. Currency Devaluation

The naira has lost significant value against foreign currencies, especially the US dollar:

In 2011: ₦155 = $1

In 2025: ₦1,400+ = $1 (parallel market rate)


So:

₦19,000 in 2011 = $122.5

₦77,000 in 2025 = ~$55


Even in dollar terms, ₦19,000 in 2011 had more global value.

3. Real-World Example

A bag of rice:

2011: ₦8,000

2025: ₦75,000+


In 2011, ₦19,000 could buy over two bags. In 2025, ₦77,000 may barely buy one. The nominal amount of money increased, but its real value fell. This reflects a loss in economic stability and purchasing power.

You will be shocked to know that 17k people were receiving then has more value than the 77k they are receiving now.. if your head no fit carry am, tell me i go give you the analysis

Ngozi123:
It's not the solution to all of Nigeria's problems. Won't the same be in charge of these regional governments?

Its easuer to check and handle regional folks than it is to handle one man at the centre

Ngozi123:
It looks like Tinubu is trying restructure the country back to regionalism.

If he thinks that's the answer to all of Nigeria's problems then he better think again.

How is that not a solution?

fergie001:
A Constitution Amendment Bill seeking to return the Country to a Parliamentary System of Government has passed a second reading at the House of Representatives.

The Minority Leader and Reps member representing Obio-Akpor Federal Constituency, Kingsley Ogundu Chinda (PDP - Rivers) & 59 others in their proposed bill advocate the Office of Prime Minister as Head of Government.

"A Bill for An Act to alter the Provisions of the Constitution of the Federal Republic of Nigeria, 1999 to provide for the Office of Prime Minister as Head of Government and the Office of the President as Head of State and to provide for a framework the the mode of election to the said offices and for Related Matters (HB. 1115)."

Why dont we have presidents for the geo political zones we have then 1 prime minister or head of govt for external affairs?

yemmit90:
It doesn't matter sir, Nigeria is a very diverse interogeneuous society with a well recognised indigenous people that have something in common.

You don't expect a total stranger to one day come out and attempt to lead them in the name of claiming indigine after living there for a certain period of time without causing a bloody crisis within the same society.

There are thing we the present generation need to avoid to ease off problems for future one. It would've made sense if the bill is focus on a situation where all Yoruba, Hausa or Igbo will become indigenes within every state that is primarily occupied by their fellow ethnics.

Except we are pretending not to know, you and I know that the purpose of the bill is to make Lagos a no man's land and nothing else.

But you will go abroad, stay 20years and expect them to recognize you as such?

yemmit90:
It is a bill that shouldn't have been consider in the first place, the target of the bill sponsors and its apologists is Lagos. It means all other ethnic groups that have been in Lagos for long would automatically become indigenes.

It is an attempt to turn Lagos to no man's land and subsequently create serious crisis or civil war in future.

If them really ask you now, the lagos wey u dey defend, one single property you no get there.

DomPerignon:
SS and SW should brace up if this bill passes through because many people from one side will start migrating and settling in both regions so as to become citizens.

Did you just read what you wrote? We have many fullish people in Nigeria i swear. Sometimes i wonder how an oppresive govt still has people supporting them, and your comment comes and proves me right..

Peeson wey them fit don kpai

Kobicove:
What a sad incident

Personally i do think safety protocols for transportation of gas in Nigeria is still very lax

Why e no go lax, when na aboki them dey always give that kine moto to match

Toktee:
They took over Afghanistan for the said yrs,and now in three years the almighty Russia cannot take kharson or Lyman in the eastern Ukraine.

America took over afghanistan? Where their soldiers dey die like fowl?

blowjohn:
It's politics.
If u cannot play the game go and open supermarket

I hate it when u lots act as if politicians are not the same or as if the people u voted for won without magomago.

I dont care about them but politics does not have to be about wickedness. Thats the politics they are practicing in nigeria

DRKRIZ:
Just simple sorry to her colleaguee would have solved this issue....Now she will be spending more to defend her Ego...Who knows?? ,she might even be successfully recalled.....This woman,your Mumu no too much??

Sorry for what exactly?

The precedence these guys are setting, they should know that it will come back to bite them. We can recall anybody now as we wish

Zonefree:
Omo, 50k in 1979 has much value than 200 million today.

E go pass. In 1986, my dad built his house for 500k full option

Validated:
Russia is overated. Ordinary Ukraine with less the half of Russia population, less than 20% of Russian ammo, yet they could not defeat in 3 years, even with 15000 North Korean forces.

America wey dey afghanistan for 20years nko? And they still failed there

Judolisco:
which stupid standard.... Go play ball for d brewery na

Sorry is football development? You be mad man. You go aak if brewerry na development too, so let us measure human capital development for human captial development. Rell me what your governor did in that aspect, let me tell you what mine did.

Judolisco:
oga... Others had d money and built a brewery instead

As you mentioned a clue linking to Peter Obi, it means he is the standard. Every state have their unique issues and that is why governors are there to figure what those issues are and tackle them, even if Obi invested in a brewery, is that the only thing he did? Is that even the major thing he did? How many governors left millions of dollars in state coffers for others to use? Una no go see that one na onlt brewery you see dey talk. Na why una deserve people like Tinubu and Akpabio to dey show una shege! Ndeara!

Apel147:
If u see obidient comment u go just know within flinching! Confused lot

Ok bro

michroskrve:
Which one your governor build. Get sense

Which one did yoyr governor build?

Counterigbolies:
y didn't obi do it as governor?
Na him money him wan use build am?

For you to even call Obi, it means that Obi is the standard for all of you. Why did Sanwo Olu not build it, why did Tinubu not build it?, why did Wike not build it, wht did Elrufai not build it, why did Donald duke not build it, why did odili not build it, why did ambode not build it, why did Fintiri not build ir, why did gbenga daniels not build it, you see how stewpid you sound with that question?

foxman04:
Be like na Pluto you come from sef... So efcc will come for him for embezzling public funds, how many politicians have they put behind bars for embezzling.

Now I see why politicians dey show una premium shege

Actually, yoyr mentality is warped for even thinking this way in the first place. Until you stop seeing them like they are all that, they will keep on treating you folks like they are doing you a favor