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Nigerians Spend More On Recharge Cards Than Food - Business (3) - Nairaland

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Re: Nigerians Spend More On Recharge Cards Than Food by Joshuadon: 7:48pm On May 03, 2015
Kelvin3028:

My family can buy ur entire generation... Go google that...by the way... Wats ur definition of poverty? Recharge cards?!
Oh plzzz!

dude..................
Re: Nigerians Spend More On Recharge Cards Than Food by jibbish(m): 7:48pm On May 03, 2015
pretydamsel1:
True talk @ op. anyway I hardly buy airtime
dts gud.... I like ur receiving ministry.
Re: Nigerians Spend More On Recharge Cards Than Food by Bunker1(m): 7:49pm On May 03, 2015
okay
imagine Nigeria without phones...paying 2500 bus fee to see your brother in lagos
only to find out that he's on his way to the same village you came from.

1 Like

Re: Nigerians Spend More On Recharge Cards Than Food by pretydamsel1(f): 7:49pm On May 03, 2015
jibbish:
dts gud.... I like ur receiving ministry.
really!!!! thank
Re: Nigerians Spend More On Recharge Cards Than Food by Vikky014(f): 7:56pm On May 03, 2015
Boscojugunu:
Yes nah. Imaging me dating four girls at a time. I waste money calling dem every day. Y recharge card money no go plenty pass food money. I pity myself tho
lol. continue jst knw dt dere is GODUUUOOO
Re: Nigerians Spend More On Recharge Cards Than Food by sonnel: 8:02pm On May 03, 2015
If we spend this much on recharge cards a month,my question is this,how much is our minimum wages?
Re: Nigerians Spend More On Recharge Cards Than Food by Nobody: 8:07pm On May 03, 2015
Very true, I spent more than 50k on recharge card last month.
Re: Nigerians Spend More On Recharge Cards Than Food by keandre: 8:11pm On May 03, 2015
lie
Re: Nigerians Spend More On Recharge Cards Than Food by authority2006(m): 8:14pm On May 03, 2015
pat077:
big lie.
I don't think it is a lie. They are not about talking you and me as individuals, the report is about the population as one. It is real. Some people here used argue that if they are to believe that 70% of Nigerians are actually living on less than a dollar per day, how come almost all Nigerians own phones and recharge their lines every now and then? This report here is simply telling us that they are making sacrifice.
Re: Nigerians Spend More On Recharge Cards Than Food by Nobody: 8:15pm On May 03, 2015
kelvine:
Very correct, that's why some people beg for airtime all the time. Talk is not cheap anymore.

Most espicially ladies angry

1 Like

Re: Nigerians Spend More On Recharge Cards Than Food by Nobody: 8:17pm On May 03, 2015
pretydamsel1:
True talk @ op. anyway I hardly buy airtime
i saw it in your eyes
Re: Nigerians Spend More On Recharge Cards Than Food by pretydamsel1(f): 8:23pm On May 03, 2015
osemu8:
i saw it in your eyes
hehehehehe
Re: Nigerians Spend More On Recharge Cards Than Food by Gerrard59(m): 8:35pm On May 03, 2015
chronique:
This is true. I'm one of such persons. Last year,I downloaded an application on my mobile phone to monitor my expenses and I realized I was spending well over a 100k per month(on myself alone) and the major expenses were on fueling of vehicles and recharge cards. Food always came up as the least thing I spent on. To avoid high bp,I stopped using the application...



Which app is that?
Re: Nigerians Spend More On Recharge Cards Than Food by Nobody: 8:37pm On May 03, 2015
pretydamsel1:
hehehehehe
do u live in ph?
Re: Nigerians Spend More On Recharge Cards Than Food by pretydamsel1(f): 8:39pm On May 03, 2015
osemu8:
do u live in ph?
Nope
Re: Nigerians Spend More On Recharge Cards Than Food by Emodeee: 8:49pm On May 03, 2015
More like "guys buy more recharge voucher dan food". Na we guys dey buy recharge card for all dis ladies. Abi I lie?@ladies. Ur BIS, no be ur guy buy am 4 u?
Re: Nigerians Spend More On Recharge Cards Than Food by omojeesu(m): 9:00pm On May 03, 2015
People part with their money for what they consider more / most important to them.
Re: Nigerians Spend More On Recharge Cards Than Food by gentlelarry(m): 9:11pm On May 03, 2015
adanduka:
shocked
Perhaps, the cost of recharge cards and data should be looked into because we still need the services offered but not at the expense of our daily bread.
confirmento!
Re: Nigerians Spend More On Recharge Cards Than Food by chronique(m): 9:12pm On May 03, 2015
One is called account book and the other is expense manager(I think). downloaded then from blackberry worldm
Gerrard59:




Which app is that?
Re: Nigerians Spend More On Recharge Cards Than Food by Nobody: 9:33pm On May 03, 2015
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Re: Nigerians Spend More On Recharge Cards Than Food by olayinkaj2(m): 9:50pm On May 03, 2015
I only call when its important, if you like flash till tomorrow, I no dey call back. Everybody dey complain...
Re: Nigerians Spend More On Recharge Cards Than Food by butanep(m): 9:59pm On May 03, 2015
Kelvin3028:
Who do d survey? Where dem do am!
Iffa hear dat again... I go sue u... My papa go by jst #100 card, use am 4 2wks, my mama too, me na #50 naira transfer I dey do... I no dey even get mb... Y dem no survey me nah? Make I spoil evrytin 4 dem.
Every family can't be as yours... some spend more... so don't use your family as a bench mark...that's what you choose to...

In the present world we are... the more connected and influenced you are, the more money you spend on recharge card and the reverse is the case...
So figure it out...
Re: Nigerians Spend More On Recharge Cards Than Food by butanep(m): 10:02pm On May 03, 2015
Kelvin3028:
This trend about airtime reminds me of something..., I did a stat of how much I spent in calling my long distance ex last year... When I arrived at the final result of 42,350 par annual, I just broke up with her without looking back.
my guy... you don't have money... don't cme here and make mouth....

Go get more money... those who have the money don't complain...
Re: Nigerians Spend More On Recharge Cards Than Food by Godsonkemz(m): 10:07pm On May 03, 2015
It attracts huge profit for MTN among other gsm networks. Whether there's steady income or not, one must communicate with friends and families and even ones horrible enemy (the boss at workplace)

1 Like

Re: Nigerians Spend More On Recharge Cards Than Food by Joshkid(m): 10:45pm On May 03, 2015
adanduka:
shocked
Perhaps, the cost of recharge cards and data should be looked into because we still need the services offered but not at the expense of our daily bread.
seconded!!!
Re: Nigerians Spend More On Recharge Cards Than Food by Akposkool(m): 11:02pm On May 03, 2015
Kelvin3028:
This trend about airtime reminds me of something..., I did a stat of how much I spent in calling my long distance ex last year... When I arrived at the final result of 42,350 par annual, I just broke up with her without looking back.
same thing I did last month. I must recharge, 2 hundred everyday just to say I miss you, I love you. When I reason how much I da spend on card Bros I share grace. I broke up ASAP. Now since 22 of April, na 3 hundred card I don buy for calls cus most of my friends are on whatsapp or bbm, plus Facebook so we always connect online
Re: Nigerians Spend More On Recharge Cards Than Food by yomi007k(m): 12:15am On May 04, 2015
chronique:
This is true. I'm one of such persons. Last year,I downloaded an application on my mobile phone to monitor my expenses and I realized I was spending well over a 100k per month(on myself alone) and the major expenses were on fueling of vehicles and recharge cards. Food always came up as the least thing I spent on. To avoid high bp,I stopped using the application...
Lol
Pls can I get dt application.
Thanks
Re: Nigerians Spend More On Recharge Cards Than Food by chronique(m): 12:22am On May 04, 2015
Search for account book and expense manager on blackberry world.
yomi007k:

Lol
Pls can I get dt application.
Thanks
Re: Nigerians Spend More On Recharge Cards Than Food by Nobody: 6:58am On May 04, 2015
hmmm very true on my part,at times i just insist on eating a little indomie n eggs and @ d spot buy 2gb aitel data,aint that wierd.....

1 Like

Re: Nigerians Spend More On Recharge Cards Than Food by Kazrem(m): 7:52am On May 04, 2015
qbd2:
Are u sure? Cos dem alawin. Pple rarely callor message now, all na whatsapp or bbm
They still use money to buy airtime to subscribe na

1 Like

Re: Nigerians Spend More On Recharge Cards Than Food by igbanbajo(m): 11:12am On May 04, 2015
unyours:

Nigerians may be spending more money to recharge their phones than they spend on feeding, a recent survey by the National Bureau of Statistics (NBS) and the World Bank has indicated.

The result of the General Household Panel Survey conducted by the NBS in collaboration with the World Bank Living Standard Measurement Study Group indicated that each household in Nigeria spends an average of N20,874 on recharge cards, N14,620 on food N33, 373 on house rent, N13,860 on petrol, N7,748 and N6,660 on kerosene on a monthly basis.

Using the data as a basis to calculate for the entire country showed that on average monthly, Nigerians spend about N449.73 billion on recharge cards, N399.65 on food, N143.3 billion on kerosene, and N149.17 billion on house rent.

The data also showed that Nigerians hardly use mortgages facilities to pay for their homes, but rather purchase houses directly. According to the data, the amount spent to service mortgages was the least of the expenditure profile of the average Nigerian family with an average of N3.09 billon used monthly as against the monthly estimate of N149.17 billion spent on payment of house rents monthly.

According to the NBS, 5000 households were selected from the NBS’ annual general household database (cross-sectional covering the six geo-political zones) and surveyed to generate the data released in the GHS Panel report for 2012/2013.

Though the data above indicates average expenditure patterns by per household in Nigeria, it was enlarged to cover the entire population in the country.

The NBS estimates that the average Nigerian family had 5.7 people per household. Using a population of 170 million as at year end 2013, an estimated 29.8 million households were gotten for the entire country.

http://leadership.ng/business/343678/nigerians-spend-more-on-recharge-cards-than-food

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