₦airaland Forum

ucheheart:
Hope you read and understood that the N50k is per year, not per month? Divide it by 12 months before comparing with the salary of the crook in power today.

My analysis was made per year not per month.
50000÷12= #4170. Let's change that to dollars based on the forex value that year(1979), that's $6997. Now save that and let's move to 2024. Change that back to naira in 2024 and you'd get about #8,642,000 in a month. That's more than 100 million naira in a year. Relatively our politicians have always received SUPER JUMBO PACKETS!

Tonididdyx:
Again fresh corn is available on every corner of the planet even in Antarctica corn can be grown!
He doesn’t have to ship corn from 9ja as your brain is telling you!
He could even grow the corn in a small garden in the UK!

In as much as he would not a get a free shower of corn from the sky or go into corn robbery,there's always a profit margin. Simple economics, you are turning a blind eye to.

Tonididdyx:
It still wouldn’t add up.
If he sells 100 corn a day @100 euros
Will he spend the entire 100 euros on himself in one day?

He can't have the 100 euros to himself. Do you know how much the landing cost of fresh corn is in the UK? Do you know what his profit margin on one corn is? I am you can't see the bigger picture.

Tonididdyx:
Na statistics we go chop?
Did he sell only one corn 🌽? Or does it mean he has to drink 100 coke because he sold 100corn?
You stats are garbage!
He needs to sell 2 roasted corn to buy one coke bottle as he doesn’t need more than a bottle a day, mind you he still has over 50 roasted corn to sell in one day (same day)!
That’s profit in relation to your 2:1 as he doesn’t need more than a bottle of coke a day

You are not getting it. Cost of living is high as well. Other things are as expensive as well. I only cited coke as one of numerous needs he needs to fulfil.

Hmmm

That was when my father bought a brand new car for less than #4000. So the annual salary of the president then would buy almost 13 of such cars. Imagine selling that car for 8 million naira in our own time and a modern day president can afford to buy 13 such cars with his BASIC SALARY of 104 million naira. There was corruption then as well.

Even the cover price of the newspaper should tell you something. That newspaper cost 15k then, now it is #300. If you divide #50000 by 15k, it's the same result you get by dividing #100 million by #300, the current price of the newspaper, and I don't even think the official salary of the modern day president is up to #100 million. For the president nowadays to buy the same number of newspapers the annual salary of the president then could buy, he must earn #100 million annually. Let's be relative with the way we think.

Likewise I saw people thinking that the man selling roasted corn in London had struck gold by selling one for £1. Converting the money into naira is a fairy tale. A bottle of coke there is about £2. Imagine selling one cob of corn for £1 and buying a bottle of coke for £2! It's like garbage in, garbage out.

Based on the values copied from Wikipedia below,in 1979, $1=60k, therefore #50,000 then in 1979=$83333.
Let's convert the $83333 back to naira in 2024 when $1=#1235 based on the table, $83333=#103 million. So #50000 then and #103 million today are equal!!! Cutting it down further, #5 in 1979 and #10000 today have the same purchasing strength.

Ftheophilous:
My sim is not 5G enabled.

I thought as much.

It displayed 4g instead of 5g. Is it 5g ultra?

None

None

How would a fully loaded truck try to ascend this kind of hill?

maasoap:
You want to risk your security and safety and that of others living in the same compound with you including your family over "may be" and "what if"? You're wise indeed. They may kidnap you and your family in which some of you may never come back again or come back alive

I just wanted to pull the guy's leg oooo. That wasn't a serious contribution.

goody2019:
So, these kinds of people plenty for Nairaland? Fooling others to fall into your traps. They shall expose themselves!

Abeg free me oooo. I just wanted to pull the guy's leg oooo.

AyoolaIgwe:
You're one of the armed robbers using this tactics. You should be arrested immediately by the police!

Take it easy now. I said without the bait, I didn't use the armed robbery scenario. Read my write up again and note where I said "without the bait"

Blessedpalms:
This situation explains life itself.
Would you risk your safety to save a baby you don't know it's father? That's the humanity and God's conscience in you wanting to save the baby

But on a second note, you have to analyze the situation in line with your safety and the ability to create more lives, if your life is preserved. If your life is preserved, you'll have more babies and even more babies to see

There is a lot that influences human actions and inaction. I hope you make the right one when this kind of situations happen

People dey vex here. I only said let us imagine this has nothing to do with the bait and some twisted that. Make una no vex oooo

Kelklein:
If you read 'Fastest' man at first in the topic, gather here 😊😀

Are u sure the OP didn't edit from fastest to fattest? How could this large number misread this at first?

I read a book written by Minister of Justice or the Attorney General of the nation around the same time. His salary as stated was N1200. My mum's salary was about N500. Every thing has gone up, both income and expenses.

SlavaUkraini:
One Bastard even told me that he cannot reduce the price of brake pads because he bought them while the dollar was close to 2k

That it would take up to 3 months before prices will fall because that is when new shipments bought at current dollar rate will arrive...

Na so the guy take Colonize me and I pay for the brake pads..... As if I had a choice

Opportunist indeed...

You bought an article for N500 and after that a rise in dollar brought its price to N800.
And because it was an old stock, you decided to sell the article for N600 to make a profit of N100. Now you can't even restock your shop with your capital of N500 and a profit of N100.
You will be out of business because you failed to obey the current forces of demand and supply.

I think the caption is wrong. Are all the phones there FOLD?

Economics
Geography
Business administration
Accounting in some schools
Statistics
Mathematics

phorget:
Dont just send her to Nigeria but send her to a village where she will have to go to the farm,fetch water from the stream, cook with firewood, feel the bite of mosquitoes and tsetsefly, attend village schools and then learn your local language and culture. By the time she is done experiencing all these then she will become a changed person and beg you to come to her rescue.

That's a harsh approach. You will understand violence does not resolve all issues when a mosquito is biting your scrotum.

Where is Great Ife?
OAU students will not agree to the statistics.

2pak:
Investigation should be applied,

.

Like galaxy S3?

Utility sometimes has a little to do with price. Certain things are just white elephants. Cape Verde that has a very little value is performing. It's all about team cohesion and blend.

MrProlific95:
This is a subjective argument by the loquacious Yerima

NB: Why will WAEC want to adopt CBT for its exam, what happens to the theory aspect of the exam?

The theory questions will still be uploaded while students watch. They will their questions on the screen and answer on the paper given to candidates. Candidates will not leave with anything from the hall.

theboss01:
I just finished flashing the phone with Nigeria's custom ROM. It was initially running on Germany's. Nothing has changed still

Check whether the imei number has not been tweaked. There is an app for that. If the imei number can't be found, then it has been tweaked. Flashing or factory resetting such phones is a big risk, the mobile network thing becomes compromised. It's emergency call you will be seeing after the flashing.
Or use *#06# and screenshot the number displayed on the screen. I will help you check the validity of the imei number. If we can't verify the number, I think the phone is gone.

Johnycastro18:
All girls are loose no doubt.....

But i am beginning to believe this popular view that nursing students are extremely way-word

I have one here in my area, a very loose girl with a big puss*y, don't ask me how I know she has a loose vjay

Which town you dey guy?

FreeIgboho:
I watched that fight closely. I don’t think Portable actually won that fight. You have to consider that Okocha threw him down. Ok, I know it is not wrestling but that has to count for something

Did you see where Portable brought him to the ring floor too?

Put the sim card in another phone to check whether the sim card is not damaged.

Put a sim card of another network in the phone, your network might be the problem.

https://www.youtube.com/watch?v=5yQ1jippKqU?feature=shared

Danyyyyyyyyyyy:
Growing up I always heard that colored hair was for lightskinned girls , one spirit inside me told me to do blonde hair and I went ahead and did it .

I guess this is my revenge look for losing my job , having no home and many more annoying things that happened inside this small December.
Sometimes a new hair can make you feel a little Berra

How do I look?

Are you in Anambra State?
I have business proposal for you.

Cracked?