Make we dey enjoy our useless and hopeless change abeg.

Lifestone:
This has alway been the crux of my argument on Dollar/Naira exchange rate.
There is no way you can get such at $2.00 in the US. Those stuffs you see there can not be less $10.00 which is like N5,200.00 in Nigeria at an exchange rate of N520/$1.00
Value of currency is supposed to measure in term of the basket of goods it can purchase.

US Minimum Wage is $15/hr. At 160hrs a month that is $2,400.00. At $10 which you projected, that's just 0.41% of income

Minimum wage of ₦30,000 per month in Naija. ₦950 for that meal, that's 3.1% of income.

What were u saying again about value of currency?

Plus with these "ugly" looking onions and carrots, in America these will be thrown Away. If these were sold in America, they'd be going for nickels and dimes

Eledumare! Which gutter you picked those carrot from? Come dey shout cheap veggy.... Gerraheremehn!

Looking at those stuff, one can tell why most Nigerians are often sick terribly. I can bet that plantain was induced with carbide to force & quicken ripening. Nigerians please wake up from the bondage of these politicians killing and wasting your years on earth

Snitch24:



Lmao wsh dutce
Even for bwari
U no fit see this egg for 50naira
That plantain can't be less than 1500
I jst left dutce market now now
Dutce first gate to
be prescise

He is saying the truth.
I bought the exact size of plantain in my area 3 pieces for #200, egg na #50 for here that onion is #50

You like enjoyment. You don plan to enjoy some VegeFries

Good one!

Meat for the body and words of God to the spirit and soul.

As we eat our daily food, let not forget to read our bible and pray to God.

Moreover
No peace for the wicked so I bid you all who are still enjoying the pleasure of sins to repent and turn to God.

Jesus love you
Jesus saves

Lifestone:
This has alway been the crux of my argument on Dollar/Naira exchange rate.
There is no way you can get such at $2.00 in the US. Those stuffs you see there can not be less $10.00 which is like N5,200.00 in Nigeria at an exchange rate of N520/$1.00
Value of currency is supposed to measure in term of the basket of goods it can purchase.

lol comparing a country were minimum wage per hour is 7$..the 2$ you mentioned can be easily recouped ten times…

CrystalSpark:
Let me jump on the trend, too! I decided to make a light dinner after today’s hustle.

I live, cook, and eat alone. See what I got for 950 naira at the market that was closest to where I was this evening.

Veggies - 300
Eggs (5) - 250
Plantain - 400

Fair?

I strongly believe that this is not true, the plantain alone is 1,000 even in Rivers that is major producer.

bukatyne:


The vegetables do not look fresh and healthy.

Next time spend more on veggies and reduce the eggs & plantain since you live alone.

Why?

Buying those eggs is the best nutritional decision he made.

Carrot looks gross

Post the finish product of ya food and procedures to cook am...

BennyDGreat:


You can't compare U.S with Nigeria
There's wide disparity in standard of living and Economy of the two nations.
Purchasing power isn't same so cost of goods cannot be same in each case

What has that got to do with the value of food Basket that each currency can purchase? Why should somebody in the US believe that $2.00 can not do a meal in Nigeria since it can not do it in the US? I need an economist to react to this

CrystalSpark:


Thank God you said “supposed”

In reality, it is measured in trade power on the global scale, standard of living in the said country, salary/ wages, economic viability.

You want to sell plantain 5,000 in a country where minimum wage is 18,000 p/m

do not mind him, no u serious somebody,

tell him to tell their minimum wages there

Lifestone:

What has that got to do with the value of food Basket that each currency can purchase? Why should somebody in the US believe that $2.00 can not do a meal in Nigeria since it can not do it in the US? I need an economist to react to this

there is nothing to react to,

the only difference is, standard of living, power of currency, and the purchasing power of the average people of a particular place, thanks

CrystalSpark:


Kado Fish Market

Go fill my tank.

Kado market go see me on Saturday

Hmmmm don lem me talk wetin dey my mind may them no crucify me...... I be won talk say may the op take time make bandit no notice say you get money and kidnap you but i no go talk am but becareful

Paxxcarl:
lol comparing a country were minimum wage per hour is 7$..the 2$ you mentioned can be easily recouped ten times…

What exactly is your point. I believe you got my point which is comparative of what each currency can purchase in relative country

greenie77:
Those carrots.......

They look exhausted

Lifestone:
This has alway been the crux of my argument on Dollar/Naira exchange rate.
There is no way you can get such at $2.00 in the US. Those stuffs you see there can not be less $10.00 which is like N5,200.00 in Nigeria at an exchange rate of N520/$1.00
Value of currency is supposed to measure in term of the basket of goods it can purchase.

Minimum hourly wage is what in USA?

Wow. That plantain @400 naira?

Cheap

CrystalSpark:
Let me jump on the trend, too! I decided to make a light dinner after today’s hustle.

I live, cook, and eat alone. See what I got for 950 naira at the market that was closest to where I was this evening.

Veggies - 300
Eggs (5) - 250
Plantain - 400

Fair?

Which part of Abuja ?

Mercychen:
Super cheap.
Here in Lag, the
veggies will go for 400

Egg 300

Plantain 1k

Total 1700.

Na lie. Depend on were you de for lag.

I de stay mile 12. Food cheap like village.

feezay86:
Those carrots are meant for sacrifice I guess

Those carrots don see days.

daddytime:
Food is ready...

Not a bad buy...

Na which market you buy them...Dutse?

Even Dutse market no cheap like this.
Na Gwags I de suspect

Mercychen:
Super cheap. Here in Lag, the veggies will go for 400
Egg 300
Plantain 1k
Total 1700.

May God keep helping and providing for us...

ALL I SEE IS ROTTEN FOOD

Egg is still N50 in your side?

Lifestone:
This has alway been the crux of my argument on Dollar/Naira exchange rate.
There is no way you can get such at $2.00 in the US. Those stuffs you see there can not be less $10.00 which is like N5,200.00 in Nigeria at an exchange rate of N520/$1.00
Value of currency is supposed to measure in term of the basket of goods it can purchase.

This is not how it goes. You might as well relocate to Nigeria with this kind of thinking.

airsaylongcome:


US Minimum Wage is $15/hr. At 160hrs a month that is $2,400.00. At $10 which you projected, that's just 0.41% of income

Minimum wage of ₦30,000 per month in Naija. ₦950 for that meal, that's 3.1% of income.

What were u saying again about value of currency?

Plus with these "ugly" looking onions, carrots in America these will be thrown Away. If these were sold in America, they'd be going for nickels and dimes

Apt!

So you open your two eyes buy that kinda plantain?