psalmsjob:
I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour

UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?

1 Sliced Bread = N800
2 Spaghetti = N1400
1 Gesha = N600
1 live chicken = N3,000
1 75cl soya Oil = N1,400
1 Midium size Butter = N600
2 Gino Tomato paste = N1,000

Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.

LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O

Nigeria of Today.
Who will pay you 10k for an hour job

psalmsjob:


You guys focus on the money earned but not on what the money earned can purchase....the purchasing power of the money. See another analysis for you to stop Lmao

If our bobo londoner works for the standard 8 hours per day and earning £10 per hour and he works for 5 days a week; he would have earned = £10 x 8 hours = £80/ day x 5 days/week = £400/week x 4 weeks = £1,600 per month. With this earning bobo londoner is taking nothing home at month end and cannot afford to buy that kind of £10 food every day if he does he might be in debt see why:

Now for bobo pays average of £1,480 for house rent monthly and pays average of £140 for transportation to work. That's £1,480 + £140 = £1,600 per month ONLY. If bobo londoner tries to buy his £10 food everyday as man must wak that's £10 x 30 days = £300 per month.

Therefore, bobo londoner must werk on Saturdays to survive that's £80 x 6 days × 4 weeks = £1,920 - £1,480 - £140 - £300 = £0.00 per month

So Bobo Londoner must werk on Sundays to have £80 at every month end

Workers in Nigeria do not work on Saturdays and Sundays before you start your comparison again

Now I can confirm that you are not only dmb but foooolish.

I don't usually lash out this way especially when anyone expresses an opinion but when you refuse to take corrections then it is OK to call you out.

First off, anyone making £1600 in the UK will still have about 400 savings and I did the break down in my previous posts on another thread.

Now know that most people make far more than that cos minimum wage is even above the 10 pounds you quoted.

Please get sense.

Movichabiodun:





Nigeria of Today.
Who will pay you 10k for an hour job

Please help me ask the brainless Tinubu orchin.

psalmsjob:


You guys focus on the money earned but not on what the money earned can purchase....the purchasing power of the money. See another analysis for you to stop Lmao

If our bobo londoner works for the standard 8 hours per day and earning £10 per hour and he works for 5 days a week; he would have earned = £10 x 8 hours = £80/ day x 5 days/week = £400/week x 4 weeks = £1,600 per month. With this earning bobo londoner is taking nothing home at month end and cannot afford to buy that kind of £10 food every day if he does he might be in debt see why:

Now for bobo pays average of £1,480 for house rent monthly and pays average of £140 for transportation to work. That's £1,480 + £140 = £1,600 per month ONLY. If bobo londoner tries to buy his £10 food everyday as man must wak that's £10 x 30 days = £300 per month.

Therefore, bobo londoner must werk on Saturdays to survive that's £80 x 6 days × 4 weeks = £1,920 - £1,480 - £140 - £300 = £0.00 per month

So Bobo Londoner must werk on Sundays to have £80 at every month end

Workers in Nigeria do not work on Saturdays and Sundays before you start your comparison again

you are just a clueless liar here. Average rent in uk 🇬🇧 is £400 to £600 and it even depends on the zone you are living. Stop blowing lies and propaganda here joor. can an hourly wage in Nigeria get you these commodities?

Otunbakayce:
LMAO! Do you know what I do for a living?
Bitterness and hatred will consume you slowpoke.
Go and study in medical school or tell your family member to do so and then stay back in Nigerian.
Stvpid illiterate.

That Difrent is a complete idiot. The more he types on this thread the more he exposes generational stupidity.

psalmsjob:
I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour

UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?

1 Sliced Bread = N800
2 Spaghetti = N1400
1 Gesha = N600
1 live chicken = N3,000
1 75cl soya Oil = N1,400
1 Midium size Butter = N600
2 Gino Tomato paste = N1,000

Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.

LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O

Live chicken for #3,000 ke !! Your are not being sincere with your submissions.

psalmsjob:


You guys focus on the money earned but not on what the money earned can purchase....the purchasing power of the money. See another analysis for you to stop Lmao

If our bobo londoner works for the standard 8 hours per day and earning £10 per hour and he works for 5 days a week; he would have earned = £10 x 8 hours = £80/ day x 5 days/week = £400/week x 4 weeks = £1,600 per month. With this earning bobo londoner is taking nothing home at month end and cannot afford to buy that kind of £10 food every day if he does he might be in debt see why:

Now for bobo pays average of £1,480 for house rent monthly and pays average of £140 for transportation to work. That's £1,480 + £140 = £1,600 per month ONLY. If bobo londoner tries to buy his £10 food everyday as man must wak that's £10 x 30 days = £300 per month.

Therefore, bobo londoner must werk on Saturdays to survive that's £80 x 6 days × 4 weeks = £1,920 - £1,480 - £140 - £300 = £0.00 per month

So Bobo Londoner must werk on Sundays to have £80 at every month end

Workers in Nigeria do not work on Saturdays and Sundays before you start your comparison again

Totally wrong information here!! Go and rest jorr. Even Milton Keynes that the cost of living is not as high as that of London, you can't be earning minimum wage! Unless you're an illegal immigrant.

MEEVEET:

Lmao

It cost you 1 hour to earn that money in the UK... Ok minimum wage ooh

In Nigeria it would take you just over a week to earn that on minimum wage

So please do you calculations again

they don't think before they start creating stupid topics.. very lame comparison.

psalmsjob:
I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour

UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?

1 Sliced Bread = N800
2 Spaghetti = N1400
1 Gesha = N600
1 live chicken = N3,000
1 75cl soya Oil = N1,400
1 Midium size Butter = N600
2 Gino Tomato paste = N1,000

Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.

LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O

What an idiot !! Can you shows us what a civil servant minimum wage earner, can purchase with his 1 hr wage

psalmsjob:


You guys focus on the money earned but not on what the money earned can purchase....the purchasing power of the money. See another analysis for you to stop Lmao

If our bobo londoner works for the standard 8 hours per day and earning £10 per hour and he works for 5 days a week; he would have earned = £10 x 8 hours = £80/ day x 5 days/week = £400/week x 4 weeks = £1,600 per month. With this earning bobo londoner is taking nothing home at month end and cannot afford to buy that kind of £10 food every day if he does he might be in debt see why:

Now for bobo pays average of £1,480 for house rent monthly and pays average of £140 for transportation to work. That's £1,480 + £140 = £1,600 per month ONLY. If bobo londoner tries to buy his £10 food everyday as man must wak that's £10 x 30 days = £300 per month.

Therefore, bobo londoner must werk on Saturdays to survive that's £80 x 6 days × 4 weeks = £1,920 - £1,480 - £140 - £300 = £0.00 per month

So Bobo Londoner must werk on Sundays to have £80 at every month end

Workers in Nigeria do not work on Saturdays and Sundays before you start your comparison again

I don't know if you are working for the Present Nigerian Government to disseminate false and discouraging write ups to hinder people on travelling overseas for green pasture.

Do you stay or live in the UK ? For goodness sake!

Why you go dey type false articles wey you know nothing about... Simply because you use Google to search.

Let me believe you are still a Daddy's/mummy's boy, them still dey give you pocket money.

TruthsFM:
you are just a clueless liar here. Average rent in uk 🇬🇧 is £400 to £600 and it even depends on the zone you are living. Stop blowing lies and propaganda here joor. can an hourly wage in Nigeria get you these commodities?

That OP na small Pikin, him mama and papa still dey give pocket money.

psalmsjob:
I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour

UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?

1 Sliced Bread = N800
2 Spaghetti = N1400
1 Gesha = N600
1 live chicken = N3,000
1 75cl soya Oil = N1,400
1 Midium size Butter = N600
2 Gino Tomato paste = N1,000

Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.

LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O

what can u buy with 1 hr of Ur own wages or salary .

psalmsjob:
I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour

UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?

1 Sliced Bread = N800
2 Spaghetti = N1400
1 Gesha = N600
1 live chicken = N3,000
1 75cl soya Oil = N1,400
1 Midium size Butter = N600
2 Gino Tomato paste = N1,000

Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.

LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O

The only advantage nigeria has over these countries is Nigeria our fatherland ! NOTHING more .

LikeAking:


Monthly is the best..


U pay in bits…

so you want homelessness to increase in Nigeria

[quote author=in O [/quote]

So is 10k an hour wage in Nigeria?

From all indications this writeup will not work for most salary earners. If you calculate that perday them you should be earning around #300k per month. How many people are earning that In a month .

Pls go ahead and divide what you earn monthly with 30days and see how worthless those calculations are and moreso, you cost of rent, transport etc

Difrent:
Even though Migration is as old as humanity Nigerians are making it look like the next Gold rush.
In the past 2 years UK has made over 50billion pounds from Nigerians alone to shore up it's ailing economy and to keep the economy running they make sure they are stuck in jobs their own citizens refused to do while paying heavy taxes at the end of the day....Nigeria and Nigerian economy loses

Those I'm mad at are those doctors that got subsidized medical education and ran to UK to practice....why didn't you go to study medicine in UK?....just game our system.
If you want to practice in UK.....study medicine in the UK too.....abi does it make sense to want to be treating whites but use blacks to train
Ungrateful lot

Ungrateful to who?
Was it your brain they used to study in the university?
And moreso, who subsidized what .
Until you stop seeing your right as privileges, Dem you're in your own.

So you no get mouth when some people that earn almost 6000% more thsm you annually are buying #110million worth or cars for over 400 of them ? From an importer when your won country is producing cars , even assembling cars.

You need to see me, let me explain how thing dey happen in Nigeria now pls top staying abroad in your mind

psalmsjob:
I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour

UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?

1 Sliced Bread = N800
2 Spaghetti = N1400
1 Gesha = N600
1 live chicken = N3,000
1 75cl soya Oil = N1,400
1 Midium size Butter = N600
2 Gino Tomato paste = N1,000

Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.

LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O

Why are you changing pounds to naira? Use the naira you made in one hour to buy it

Kachidubem:

This post makes sense... but can I ask you a question... Do you have or know anyone who is a graduate that earns #30,000 monthly

Coz I don't know anyone who earns that amount monthly ... except secondary school cert holder maybe

Coz even level entry salary of most Govt agencies na from 150-180k UpTo 300k (NNPC)

I personally dont know anyone who earn 30k per month.

earning 10 pounds per hour in the Uk means you are in the bottom of the food chain and these type of jobs are for very young people or people without the necessary qualification to get an annual salary.

also anyone earning 30k per month is also in the botton of the food chain in Nigeria

Kachidubem:

Funny when people say this 30k thing in Nigeria...

I don't have anyone in my circle earning just 30k monthly...even in most Government agencies ... entry-level salary na 150-180k

First of all, you sound like one coming from a background of privileges. So your circle will be a circle of people with the same background. Step out of your circle and do your findings.

Secondly, you don't have to lie to support your point. 150k -180k as entry-level
I have people in Federal Govt jobs, who have worked for over 10 years, and barely make between 120 - 150k as salary.
Then I recommend you research (as in, actually make calls or ask people people outside your circle) on how much is earned monthly by the majority of state govt workers outside Lagos and FCT, or even professionals like lawyers and accountants and then semi-skilled workers like factory workers and hotel staff
Even in Lagos 50-70k is still a cap for many semi-skilled workers

Ashawoman82:
what can u buy with 1 hr of Ur own wages or salary .

Our life here is not broken down to *hourly* that's why I said in some of my comments here that side by side the prices of goods and services is cheaper here so if you see it well you will know that he has to earning more than £10 for the level work he does and what he pays to do the work.

psalmsjob:


Our life here is not broken down to hourly that's why I said in some of my comments here that side by side the prices of goods and services is cheaper here so if you see it well you will know that he has to earning more than £10 for the level work he does and what he pays to do the work.

So if you know this then what is the point in putting up this baseless write up?

motymop:


Employers here in Nigeria do not pay per hour, also in the UK they do not give you cash per hours, per hour is just a rate for your time work so as to calculate your monthly income. Most of the time, in these type of jobs, the average hourly pay has to be at least the National Minimum Wage.

just because an employer is willing to pay you 10 pounds per hour does not mean when you are given your monthly paycheck, it will be enough to cover your living cost that is because 10 pounds is the minimum wage for time work.

the same person earning 10 pounds per hours which is minimum wage in the UK his counterpart in Nigeria which is 30k per month cant enjoy the good things of life. both of these individuals are struggling in the different countries they live in.

The hourly rate is derived from minimum wage.. Simple logic.

UK pays £10.42 as minimum hourly rate with means the average monthly wage is 8 hours x 10.42 x 5 days x 4 weeks = About £1600

Nigeria minimum wage is 30k(funny enough some states still pay less)

So do the mathematics

henrimoto:
That OP na small Pikin, him mama and papa still dey give pocket money.

he’s just a clueless liar and propagandist. No one take him serious at all. Thank God people now know much better.

planetx:
I can bet my left ball the OP is sukkot under a different moniker.

lol oh that’s definitely not me Chief. God is my witness hehe.

psalmsjob:


Because I'm on a higher ground let me just ignore your supposed insults and cut to the case

In London which houses are more readily available (vacant) those of £700 or £1,480
How far off to city center are the vacant houses of £700??

A house of £700 a month in Nigeria will sound stupid to a worker earning #30,000 per month but pays his own house rent on yearly basis not monthly that the Bobo Londoner has to pay N700,000 per month out of his basic £1,600 per month which is about 44% of the salary whereas a similar house of a 2-room self con in same type of location in Nigeria will cost about 34% of N30,000 over a 12-month period.

We have not factored transportation into the salary yet oh...

Those workers in Nigeria that work on Saturdays earn more than the minimum wage for doing just that working overtime but Bobo Londoner will still get only his £10 for those self-imposed or sapa-imposed weekend and overtime works

Why will a £10 an hour worker in London buy a cartoon of chicken can he afford it? I ask you bobo londoner friend

Let's be objective about our country we are indeed lucky to be here break yourself from the yoke of abroad is better....Nigeria is more affordable to live in than UK....I talk ham again with facts

You are just arguing like a lame man in the bush,you need to understand to each currency its own economy cos onces a Nigerian here Euro or dollar they rush to punch calculator and start using the Naira value to hallucinate, it doesnt work like that.
In europe £700 is below the minimum wage (monthly) and it can get you an accomodation in europe bUt In Nigeria 30k minimum wage if accumulated in a year (120k) can't get a self contain anywhere today.

You are just arguing blindly, in Nigeria workers are paid monthly not hourly/days .. however just very few multi national companies pay for overtime in Nigeria.


A carton of chicken cost 35k in Nigeria which is convertibly less than £30. i.e with a 3hr work in europe he can buy a carton but thats even too much for a person living alone.

Lets me sensitize your ignorant ass again, stop using our valueless Naira to juxatpose gibberish,
Under europe ecomomic, the lowest worker will easily make £700 in less than 10days that can sort a studio apartment comfortably and have grace to "Save" the most fascinating part is you have the super privilege to augument your income esp when you have a budget/benchmark, just simply put in for more hours or work extra job shift

In Nigeria economy "Savings" have being alienated, someone earning 30k can't have a savings that can pay any house rent in these present Nigeria. yesterday it cost me over 2k to eat bread,egg, sausage and tea minus dinner, imagine common bread

Better keep quiet

LikeAking:
Cost of living is cheaper there..

Way cheaper…


At least they earn big and spend big, unlike Nigeria.

don’t mind the foolish OP

Artscollection:
To be an agbadorian is a hectic task! You must pledge to defend rubbish with your life.

LOL! . I no fit laugh o!

wrongnumber:


The hourly rate is derived from minimum wage.. Simple logic.

UK pays £10.42 as minimum hourly rate with means the average monthly wage is 8 hours x 10.42 x 5 days x 4 weeks = About £1600

Nigeria minimum wage is 30k(funny enough some states still pay less)

So do the mathematics

what is the logic in what you wrote down

Minimum wages is the least amount of payment an employer is required to pay to his/her employee for the hours of work time.

This is what the maths says

Someone earning 1600 pounds in the Uk is also struggling financially as someone earning 30k per month in Nigeria.

motymop:


what is the logic in what you wrote down

Minimum wages is the least amount of payment an employer is required to pay to his/her employee for the hours of work time.

This is what the maths says

Someone earning 1600 pounds in the Uk is also struggling financially as someone earning 30k per month in Nigeria.

That is not my message.

I was only trying to let you know how you can narrow down the average hourly wage in Nigeria.

People earn more than 1600 in UK and also people earn over 30k in Nigeria.

psalmsjob:
I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour

UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?

1 Sliced Bread = N800
2 Spaghetti = N1400
1 Gesha = N600
1 live chicken = N3,000
1 75cl soya Oil = N1,400
1 Midium size Butter = N600
2 Gino Tomato paste = N1,000

Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.

LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O

How much work do you need to do to make £10 in UK compared to making ₦10,000 in Nigeria? Some people are on ₦20,000 salary job in Nigeria.

tegrianonigltd:


Who never come abroad dey analyze lol. You can get a room in London for 600, 10.42 is minimum wage, in London, they pay 11.5 because of the standard of living. Imagine after tax you see 1530, you get a room for 550 or 600, transport 100, feeding 60

That’s let say 800 per month, e still has 730 which is 850k monthly to save, and most of them do overtime, so he can save 1m or more monthly in a year, 12-13 m if he is deligently, that’s for an average person ooh, people like us who earn more than 2500, imagine how much we save.

Shut up.

Hello sir, please any little assistance no matter how small it is from u will go a long way and will be highly appreciated by me. Life and inflation of tinz have been so frustrating back here in naija.