Topman7's Posts
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DaddyJapan:DNA evidence connects them. Only an illiterate argues against DNA evidence. The only thing to debate about in that video is HOW the Edo people got there, and WHEN they did, not whether they were there. That video proves 1000% that they were there. |
VeeVeeMyLuv:This is a very unsatisfactory explanation. |
crossfm:My friend the govt has barely been in power 6 months! Haba. Give them time. ![]() |
I saw a YouTube video of a Gambian guy that toured Lagos, and the guy was amazed at the low prices of everything, compared to Gambia. He was converting the naira prices to the Gambian currency, and was just shouting in amazement at how cheap they were, from coke to food items, clothes etc. The guy said that we are enjoying in Nigeria with all these cheap prices! ![]() |
Nigeria has the Second Lowest Cost of Living in the World Despite Economic Woes Business Insider Africa January 30, 2024 3:30 PM In the complicated realm of global economics, Nigeria in 2024 has emerged as a fascinating paradox. The West African nation boasts the lowest cost of living index in Africa and the second lowest in the world. This is according to Numbeo, a data platform that provides insights into consumer prices, real property prices, and quality of life metrics. - Nigeria faces a 28.92% inflation rate, but Numbeo ranks it as having Africa’s lowest cost of living index. - This presents an economic anomaly. - Nigeria’s current cost of living index stands at 19.0. According to Numbeo’s updated cost of living index for 2024, Nigeria has Africa’s lowest cost of living and the world’s second lowest cost of living, second only to Pakistan, despite the country’s startling rate of inflation and weakening currency. Nigeria's inflation which is currently at an alarming 28.92%, an 18-year high, and a 13-month consistent surge, has seemingly done little to raise its cost of living index to a global high. Inflation is typically associated with a greater cost of living. However, Nigeria's reality calls into question this logic. The cost of living index, which takes into account factors such as housing, transportation, food, and healthcare, still places Nigeria as one of the countries with the lowest cost of living, presenting an interesting case study. To collect data, Numbeo relies on user inputs and manually collected data from authoritative sources (websites of supermarkets, taxi company websites, governmental institutions, newspaper articles, other surveys, etc.). Manually collected data from established sources are entered twice per year. With that said, Nigeria’s current cost of living index stands at 19.0. When compared to the highest, Bermuda there is a 114.8 disparity, as Bermuda has a cost of living index of 133.8. Also when compared to Mozambique, which has the highest cost of living in Africa at 45.2, there is a 26.2 points difference. Nigeria’s relatively low cost of living is despite the fact that the country’s latest food inflation rate accelerated to 33.93% on a year-on-year basis, marking a 10.18% increase compared to the rate recorded in December 2022 (23.75%). According to a report by Business Day, a prominent news publication in Nigeria, “100% of respondents who participated in the publication’s poll are dissatisfied with the current cost of food, and 75% believe the government isn’t doing enough to address the issue''. A recent report also shows that commodity prices in Nigeria are set to surge again, following the fall of the country’s currency to N1,420/$. While Nigerians are generally frustrated with the current state of affairs in the country, Numbeo’s list shows that its living conditions are very cheap compared to the rest of the world. https://africa.businessinsider.com/local/markets/nigeria-has-the-second-lowest-cost-of-living-in-the-world-despite-economic-woes/3pl9mh1 |
Prod1:Or maybe he just really loved her and it had nothing to do with sex? smh |
realestate99:lol...you have a point there... ![]() |
Wolexyoshi:THANK YOU. WHAT THE MAN SAID WAS A PURE FACT. ONLY A HE-GOAT WILL DISAGREE WITH WHAT HE SAID, OR START TO INSULT HIM BECAUSE HE SAID IT. WE MUST PRIORITISE MADE IN NIGERA IN OUR MINDSET. IT'S AS SIMPLE AS THAT. THIS IS EXACTLY WHAT THE CHINESE DID. THEY DIDN'T CARE IF THE GOODS WERE OF 'LOWER STANDARD' THAN EUROPEAN OR AMERICAN. ONCE IT IS CHINESE, IT IS AUTOMATICALLY SUPERIOR IN THEIR EYES. UNTIL WE REASON LIKE THAT IN NIGERIA, FORGET ABOUT NAIRA RISING IN VALUE. JUST FORGET IT!! LOOK. WE PRIORITISED NIGERIAN OVER ALL ELSE IN FILM, FASHION, AND MUSIC, AND THOSE SECTORS BLEW OUT OF ALL PROPORTION, TO WORLD STANDARDS. WE MUST DO THE SAME THING WITH REGARD TO OTHER SECTORS, INCLUDING MANUFACTURING AND THE SERVICES, AND THIS COUNTRY WILL BLOW BEYOND BELIEF!!!! |
Maybe that’s the plan. These devils have a way of telling you what they want to do beforehand. If it happens, it was the plan. And Trump would be voted in by a suitably angry population, and then he would wreak havoc on America and the world. |
PinkNature:Good luck ridding them of their inferiority complex. See how many likes he got for his comment dripping with low self esteem? They’re hopeless. An embarrassment. |
AkinPhysicist:The ''son of God'' flew down to Earth and showed he was the ''son of a God'' by changing water to wine in a party. ![]() And then he walked into the middle of the ocean without sinking. Just walking on top of the ocean, magically. Because he's the ''son of God''. ![]() A story for kindergarten kids. No wonder they drill it into their heads when they are children. |
THIS CUP IS OURS FOR THE TAKING. GIVE ME ONE COGENT REASON WHY NIGERIA SHOULD NOT GO HOME WITH THIS CUP. |
Nothing strange. They have the capacity to refine and supply beyond the Nigerian market, so they will be happy to take on foreign oil to keep their refinery in production. This is a private-sector business. Dem no send anybody. |
Neduzze5:Yoruba people want to carry all our money! ![]() |
CoronaVirusPro:Thanks for informing the he-goats who have come here to do their usual anti-African posts. |
Nostring:Don’t mind them. Any excuse to talk down their own country. I’ve never seen such a useless set of people. |
coleon:Pea brain. Your problem is you are thick. And you think everyone here is a dunce like you. Waste of space. I won’t bother educating you on the plant. Believe what you want to believe. |
Chicagograduate:There are several Chinese built projects that are running just fine. Quick example, the Train manufacturing plant in Kajola, Ogun state, which employs 5,000 Nigerians, manufactures train coaches, and supplies the NRC as well as foreign markets. Another is the Lagos - Ibadan high speed rail service. Even the railway they built for Nigeria broke down.What railway ''broke down''? Do you even know what you're talking about? We are still owing China despite the substandard railway they built on loan.Ignoramus talking crap. |
I forsee good things in this country in the months and years ahead. There are even a few signs of the economy bouncing back here and there.. |
GreyLaw:Who told you ''there's no systematic approach to grow Africa''? What do you call the African Regional Integration policy? What do you call the vast infrastructural development going on across Africa? There is an awful going on in Africa. Get off CNN and go and research what is really going on in Africa. Fastest growing economies today are nearly all black countries! https://www.visualcapitalist.com/wp-content/uploads/2023/10/Fastest-Growing-Economies_Oct-20.jpg |
TO JAW JAW IS ALWAYS BETTER THAN TO WAR WAR. KUDOS FOR THE RESTRAINT SHOWN BY ALL PARTIES IN THIS KNOTTY SITUATION. |
Nigeria Seals Massive $7 Billion Investment Deal With Indiahttps://africa.businessinsider.com/local/markets/nigeria-seals-massive-dollar7-billion-investment-deal-with-india/8sz5t9e
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gidgiddy:But Lugard also came and gave you your new language called English, and your new religion called christianity, and the new concept of 'democratic consent' you're brandishing around as if our empire - building ancestors relied on 'consent' to seize the territory of others. Fact is you are selectively anti-imperialist for selfish ethnic reasons. If you believe you can succeed with the colonial influences I just mentioned, from religion to the very way you dress, then why negatively single out the political architecture inheritance? It has nothing to do with your anti-colonialism. It's because you're a tribalist and a bigot. And you need to rid yourself of it. It's an ungodly mindset. |
Nice2023:It can be argued that the new optimism of the Tinubu era has brought some good omen. ![]() |
SHOCK AFCON EXIT! Angry Ghanaians Say ''We Must Learn To Play With Passion Like Nigeria!'' https://www.youtube.com/watch?v=_6XRu5YRYgo&ab_channel=SPORTS7GH |
I hope they don't disturb him if they find small weed in his system o.. Useless idiots. |
Geovanni412:What a dumb, idiotic question. Does spiritual importance mean MAGIC or ''Voodoo'' in your head? If those were christian artefacts stolen, would you ask, ''Why didn't Jesus stop them from being stolen since he's supposed to be the ''son of God''?'' Mentally colonised man. The biggest damage the whites did was not the material objects and natural resources they stole from us, but the destruction of our minds with self hatred and racial inferiority complex of the worst kind, of which you are a prime example. |
saddler:IPOB Who asked you? Foreigner. |
COOL10:I don't know why people are attacking this boy. This boy called Iwobi has been at the heart of virtually every goal we've scored in this tournament! |
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