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Nairaland Forum / Nairaland / General / Business / Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) (26486 Views)
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Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by tenpipsperday: 4:37pm On Mar 17 |
1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by AfahaAbia(m): 4:37pm On Mar 17 |
Very true. An egg in 2018 was 30 naira for one 3 Likes 1 Share |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by Successlane: 4:37pm On Mar 17 |
PresidObi: |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by NavasBit: 4:40pm On Mar 17 |
Inflation is worldwide. Some people just sit and text nonsense 2 Likes |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by Amalekki: 4:41pm On Mar 17 |
PresidObi: 50kg bag imported rice was around N120 under Buhari then N400 under Babangida. Nigeria's population was 80 million in 1985 and 95 million in 1990. 180 million under Jonathan by 2015 and now estimated at 235 million under Tinubu. 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by Zealoy(m): 4:43pm On Mar 17 |
How did we get to this? 2 Likes |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by VEHINTOLAR: 4:44pm On Mar 17 |
Tinubu needs to see the receipt so as to know how much damage he has caused! If you can't help ordinary masses,why compounding their already bad situation nitori Olohun,Tinubu! Take it or leave,PBAT, you're not getting the Yoruba votes in 2027 if this terrible situation continues. The truth is that - words on the streets are not favourable to you or your administration! 3 Likes 2 Shares
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Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by lagonovo: 4:44pm On Mar 17 |
Amalekki: Chineke me! Our people should stop breeding like rabbits now. What's all these? 2 Likes |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by Kaido: 4:44pm On Mar 17 |
Only dolts voted for Tinubu. 2 Likes |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by Alliswell248: 4:45pm On Mar 17 |
Racoon: Show us the one of 2011 too. Cry cry boy 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by DeepSight(m): 4:45pm On Mar 17 |
Go and ask people like nairalanda1, they will say the bag of rice that cost 16k then and 75k now means nothing: they will say the proper price of a bag of rice should be around N1million. 6 Likes |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by netmillionaires(m): 4:46pm On Mar 17 |
Nigeria was not great then. It is just that when an economy becomes worse people always look back and call the old suffering days great days. In some years to come people will look back and say "Haa! When a bag of rice was just #75,000. When Nigeria was great" forgetting that people were suffering and complaining then. Thomthom: 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by DeepSight(m): 4:47pm On Mar 17 |
netmillionaires: With due respect, you are normalizing the ridiculous infaltion of the last few years. 3 Likes 2 Shares |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by DeepSight(m): 4:48pm On Mar 17 |
Alliswell248: What is wrong with you? Is it that you cherish hyperinfalation or what? 2 Likes 1 Share |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by ivandragon: 4:48pm On Mar 17 |
Successlane: Between 1999 to 2003, minimum wage averaged N3,000. That would get you 1& half bags of rice or 1 & one quarter bags. In 2014, minimum wage of N18,000 would get you 2+ bags of rice at N8,000 per bag. Today, the minimum wage of N70,000 cannot buy a bag of rice... 3 Likes |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by PDPdestroyer(m): 4:48pm On Mar 17 |
Thought you all (especially this same OP) said Buhari was bad. Just give it time, you will upload 2025 food receipts years after Tinubu and long for his return, like you have done all former presidents 2 Likes |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by Thomthom(m): 4:48pm On Mar 17 |
netmillionaires:But why the sudden jump of all prices of goods and services. 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by PDPdestroyer(m): 4:49pm On Mar 17 |
PresidObi:One bag under Abacha was less than #1,000, so Jonathan was a failure 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by tunjijones(m): 4:49pm On Mar 17 |
Racoon: Its such a shame |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by ClearFlair: 4:50pm On Mar 17 |
CodeTemplar: No you were silent 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by AgroBizSolution(f): 4:51pm On Mar 17 |
Amen 🙏 iwaeda: |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by specialmati(m): 4:51pm On Mar 17 |
madridguy: ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by Adakintroy: 4:51pm On Mar 17 |
Make una continue to de reminiscing till water come out for una eye. Wetin don pass don pass..i be supporter of jonathan now am a supporter of tinubu. Any leader weh come i support and hope for the best According to bible pray for your leaders. 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by Aarenasbaba(m): 4:52pm On Mar 17 |
If I show you d receipts of baby things I bought in 2020 during ( coronavirus pandemics) everything was 29,200. The things I bought last week was much higher 2 Likes |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by arsenal33: 4:52pm On Mar 17 |
Ogurube:yea, OBIdients also promised immediate removal of fuel subsidy and devaluation of the Naira 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by yaki84: 4:52pm On Mar 17 |
CodeTemplar:Which one be someone purportedly... No be Buhari print am, and Tinubu was hailing him for doing a great job on the economy... 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by lexy2014: 4:54pm On Mar 17 |
EnEnPeecee: how do you guys have so much expectation of tinubu? what were you expecting tinubu to learn from tinubus failure when he supported buhari for 8years? 2 Likes |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by Dotherightthing: 4:54pm On Mar 17 |
Pigs are so despicable Everything has gone up worldwide And the life we lived then was fake - based on subsidy. Yet how many people could afford bag of rice that time? 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by netmillionaires(m): 4:55pm On Mar 17 |
Not really. The hardship is everywhere and we are all angry. But that when "Nigeria was still great" is something I always find funny. We forget our suffering too fast in Nigeria. Back in 1994, I was very young but could remember how we used to go pack sawdust at sawmills to make Abacha stoves because kerosene was unaffordable. I bet a bag of rice wouldn't be more than #1000 back then. But today someone will bring out a 1994 price list and say "Haaa! When Nigeria was still great." Great is relative. DeepSight: 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by DeepSight(m): 4:56pm On Mar 17 |
netmillionaires: Aite. Gotcha. 1 Like |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by PDPdestroyer(m): 4:57pm On Mar 17 |
When Ibos run out of bad news and propaganda, they start digging receipts of 1900. Let’s keep pretending we don’t know the cause of this inflation ![]() |
Re: Worsening Economic Dynamics And Value Of Purchasing Power( Photo ) by EpicDude123: 4:58pm On Mar 17 |
[img][/img] 1 Like
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