Emmanuel909090:



Thanks for informing us. 90% of salary earners in Nigeria earn below 500k.

Your account statement will also help us validate this.

My brother don't be surprised, 500k salary in Nigeria is a good salary no doubt, but its very far from qualifying someone as rich lol.


If he lives a quality life, eats well like he ought to, help people he ought to assist as a Nigerian, his feeding alone as a single man will gulp at least 60k to 80k a month, his transport fare to and fro work maybe 30k to 50k, his social activities like 30k to 50k (this includes mild spending on his girlfriends and side chicks lol), his house rent 30k to 50k depending on the city he lives in Nigerian, phone calls and others say 20k. Sum all these and check what will be left for him.


Now imagine if he is married with wife and kids, and probably living in Lagos or Abuja or Ph ?


I am being practical for you as someone who have once been there like the op which is even some years years back, and I can tell you that salary is good but not close to rich person's expected income lol


My son alone who is below 3yrs gulp more than 100k on feeding, diapers and drinks, if you add cost of changing his toys, school fees, and nanny, it then means that my son alone may consume more than half of the Op's salary a month and still I am very far from being rich



My brother being rich no be small matter oh, it means going on foreign and local vacations a year, owning solid luxury cars not just the usual average Tokunbo cars, having professional chef or cooks and full domestic staff at home, living in a secured luxury apartment in a cool city, having some steady residual income, etc. All these least things expected of a rich person will gulp nothing less than 3million monthly to service lol




and please don't get me wrong, the op is doing well with such earnings in Nigeria and don't let my comments discourage you, but all I am trying to make the op understand is that 500k salary is too small to qualify him as a rich person in Nigeria

500k is an average descent salary but far from being rich.

500k is not up to 1 dollars.

Inflation don chop money

Once u ar in a family way no longer termed rich

ObosiUkwalla:
So I was arguing with a friend who stays in the states and he keeps saying I am a rich guy.

Current salary is about 512k per month (take home), and has an annual increment of 15% of your take home. This is aside perks of perdiem anytime I travel outside work base (15k per night).

Anytime he wants me to have minor something done in NG on his bahalf, he expects me to use my money and whenever I ask, he tells me not to complain that I am rich (he knows what I earn), I don't have a problem doing those things for him.

I don't see myself rich and pls guys, what can someone earn in Nigeria to be termed rich. Your opinions will count alot as I still find it hard getting the usual daily stuffs we all use.
I am not married and do not have responsibilities. My mom is a retired govt worker and other siblings are all working.

Cc: seun mynd44 pls help us for more audience and opinions

franchasofficia:
My brother don't be surprised, 500k salary in Nigeria is a good salary no doubt, but its very far from qualifying someone as rich lol.


If he lives a quality life, eats well like he ought to, help people he ought to assist as a Nigerian, his feeding alone as a single man will gulp at least 60k to 80k a month, his transport fare to and fro work maybe 30k to 50k, his social activities like 30k to 50k (this includes mild spending on his girlfriends and side chicks lol), his house rent 30k to 50k depending on the city he lives in Nigerian, phone calls and others say 20k. Sum all these and check what will be left for him.


Now imagine if he is married with wife and kids, and probably living in Lagos or Abuja or Ph ?


I am being practical for you as someone who have once been there like the op which is even some years years back, and I can tell you that salary is good but not close to rich person's expected income lol


My son alone who is below 3yrs gulp more than 100k on feeding, diapers and drinks, if you add cost of changing his toys, school fees, and nanny, it then means that my son alone may consume more than half of the Op's salary a month and still I am very far from being rich



My brother being rich no be small matter oh, it means going on foreign and local vacations a year, owning solid luxury cars not just the usual average Tokunbo cars, having professional chef or cooks and full domestic staff at home, living in a secured luxury apartment in a cool city, having some steady residual income, etc. All these least things expected of a rich person will gulp nothing less than 3million monthly to service lol




and please don't get me wrong, the op is doing well with such earnings in Nigeria and don't let my comments discourage you, but all I am trying to make the op understand is that 500k salary is too small to qualify him as a rich person in Nigeria

Know this and know peace, there are persons earning 500k who have achieved more than those earning millions and living better life's than what you mentioned.

Knowing your time matters most. Living an extravagant lifestyle doesn't make you rich, because deep down you lack management skills and in reality you keep going broke.

All what you mentioned earlier can be replaced and you still have a more comfortable life, cheaper.

Help me list just 10 common openings that pays above 500k in Nigeria.

I don't mean a proxy job or someone living outside Nigeria.

It's nothing for someone living abroad (some countries). But in Nigeria, you are a rich man.

Pls,what is the meaning of OP

meobizy:
It’s average salary in a working system. Nigeria is not a properly working system hence OP is seen as wealthy. If OP japa he’ll find out he’s only one level above high school graduates.

Everybody is here calculating yet only one comment has asked “what does OP do for a living?” Nairalanders and reactive ways; no different from their home country in reasoning.

Emmanuel909090:


Know this and know peace, there are persons earning 500k who have achieved more than those earning millions and living better life's than what you mentioned.

Knowing your time matters most. Living an extravagant lifestyle doesn't make you rich, because deep down you lack management skills and in reality you keep going broke.

All what you mentioned earlier can be replaced and you still have a more comfortable life, cheaper.

Help me list just 10 common openings that pays above 500k in Nigeria.

I don't mean a proxy job or someone living outside Nigeria.

It's nothing for someone living abroad (some countries). But in Nigeria, you are a rich man.

Lol, I understand you very well brother, but please don't use the word "rich", biko I take God beg you, you can say comfortable but not rich. Being rich goes beyond earning 500k monthly salary bikozie.



Aside that, you are right in other points. But before you can be called rich, there are levels you must have attained not just a 500k salary will qualify one to be called rich whether in Naija or in Bokinafaso




And please the goal of employers isn't to pay you salary that will make you rich, but to make you comfortable enough to focus on your job and help their business empire grow, though some people become rich through working still, but not with 500k monthly salary unless the person is into shady office runs as known with most Nigerian civil servants and employees, sadly

UyaiIncomparabl:


I suppose you have no responsibilities?

You will live an average life, yes. But, you can not be called rich.

I used to think like him until I know better. 500k in this present day Nigeria is not even close to being rich. Na ear the money big, as e enter, you go dey ask yourself how this thing take waka comot. That’s when you realise 30 days is truly a long time.

From your dp, you cannot br earning 200k talk less of 500k.
Na talk you dey find

UyaiIncomparabl:


This is no argument, so forget it.

As I said before, 500k is an average salary. And what comparison does 50k have to do with 500k? When you are calling monthly stipends? 50k follow?

Na average money, biko.

please ma, keep kwayet. 500k in present Nigeria is rich. Maybe you are not based in Nigeria with the way you are yarning

My dear brother, 500k for a single guy in present day Nigeria is a very good pay.

You are a rich young man!

However, that depends on where you live. If you work and live in the heart of Lagos, you may not live as good as someone who earns same but lives in Ibadan or Abeokuta.

Please invest and marry right so you'll be really rich when marital responsibilities start.

Ghostrye:

please ma, keep kwayet. 500k in present Nigeria is rich. Maybe you are not based in Nigeria with the way you are yarning

Lol. You still had to tell me to keep quiet.

Don't try that next time. We aren't agemates. I get your type 10× for house. Na NL cause am.

DaInferno:
what do you do man?
I'm interested in it

Interested in what I do or the money?

UyaiIncomparabl:


500k Isn't rich, please. Especially if you have a lot of responsibilities/mouths to feed.

Na average salary. Start earning it and you'll know how far.

Parasitic nature at work.

Not surprised, by their signature you shall know them.

UyaiIncomparabl:


Start earning it and you will know.

As your income increases, your taste increases. Those that know, know.

No wonder you are out in this world to eat your cake and have another person's cake as well.

Greedy mofo

Iretii0511:


I used to think like him until I know better. 500k in this present day Nigeria is not even close to being rich. Na ear the money big, as e enter, you go dey ask yourself how this thing take waka comot. That’s when you realise 30 days is truly a long time.

It's the reason I decided to be selective with my replies here. I hope that when he gets to that point of earning 500k, a dollar wouldn't have risen to 1000N. People always think like that until they reach that phase. Na ear the money truly big.

franklingud:

No wonder you are out in this world to eat your cake and have another person's cake as well.

Greedy mofo

IGNORED.

franklingud:

Parasitic nature at work.

Not surprised, by their signature you shall know them.

What's it the double mentions?

If you aren't in support with my opinion, why not just swerve na?

UyaiIncomparabl:


Yes oh, Oga FranchasNG

Well, I just had to stop arguing with these men so they don't start redirecting questions that I can't answer.

500k nor small oh, but no still be big money!

A friend earns about 800k, but he will tell you it's just not enough for him. As I said in one of my mentions, as your earnings increase, so does your taste. Well, except you want to be very frugal with yourself. . Na average, abeg.

You and that your male friend who earns about 800k per month must be a very ridiculously greedy set of individuals.

Imagine someone that earns about 800k per month saying it's not enough for him??

Some times I wonder the planet some people come from.



Someone that's not married and does not have any responsibility oooo!

franchasofficia:
My brother don't be surprised, 500k salary in Nigeria is a good salary no doubt, but its very far from qualifying someone as rich lol.


If he lives a quality life, eats well like he ought to, help people he ought to assist as a Nigerian, his feeding alone as a single man will gulp at least 60k to 80k a month, his transport fare to and fro work maybe 30k to 50k, his social activities like 30k to 50k (this includes mild spending on his girlfriends and side chicks lol), his house rent 30k to 50k depending on the city he lives in Nigerian, phone calls and others say 20k. Sum all these and check what will be left for him.


Now imagine if he is married with wife and kids, and probably living in Lagos or Abuja or Ph ?


I am being practical for you as someone who have once been there like the op which is even some years years back, and I can tell you that salary is good but not close to rich person's expected income lol


My son alone who is below 3yrs gulp more than 100k on feeding, diapers and drinks, if you add cost of changing his toys, school fees, and nanny, it then means that my son alone may consume more than half of the Op's salary a month and still I am very far from being rich



My brother being rich no be small matter oh, it means going on foreign and local vacations a year, owning solid luxury cars not just the usual average Tokunbo cars, having professional chef or cooks and full domestic staff at home, living in a secured luxury apartment in a cool city, having some steady residual income, etc. All these least things expected of a rich person will gulp nothing less than 3million monthly to service lol




and please don't get me wrong, the op is doing well with such earnings in Nigeria and don't let my comments discourage you, but all I am trying to make the op understand is that 500k salary is too small to qualify him as a rich person in Nigeria

N500k per month as a single guy without any responsibility at all is a very good opportunity for the guy to build his life to become rich in the future.

franklingud:

You and that your male friend who earns about 800k per month must be a very ridiculously greedy set of individuals.

Imagine someone that earns about 800k per month saying it's not enough for him??

Some times I wonder the planet some people come from.



Someone that's not married and does not have any responsibility oooo!

Please, rest.

If you don't know that people's tastes increase as their earnings do, then you shouldn't be here yapping.

Just leave me alone, please.

franklingud:

N500k per month as a single guy without any responsibility at all is a very good opportunity for the guy to build his life to become rich in the future.

A very good opportunity to build his life for future growth, that's the right word to use not classifying him as being rich lol.




You made a great comment.


But is there any Nigerian with family background that doesn't have responsibilities? I doubt. Unless the person intentionally decided to ignore his family and relatives

UyaiIncomparabl:


Please, rest.

If you don't know that people's tastes increase as their earnings do, then you shouldn't be here yapping.

Just leave me alone, please.

Okay, I rest my case with this piece.

LEARN HOW TO SAVE MONEY.

IT'S A GOOD VIRTUE.

UyaiIncomparabl:


500k Isn't rich, please. Especially if you have a lot of responsibilities/mouths to feed.

Na average salary. Start earning it and you'll know how far.

But he said he isn't married and the siblings are all working. Don't see any reponsiblity aside taking care of himself and maybe some friends .....

franklingud:

Okay, I rest my case with this piece.

LEARN HOW TO SAVE MONEY.

IT'S A GOOD VIRTUE.

Ok, thanks for the advice.

franchasofficia:
A very good opportunity to build his life for future growth, that's the right word to use not classifying him as being rich lol.




You made a great comment.


But is there any Nigerian with family background that doesn't have responsibilities? I doubt. Unless the person intentionally decided to ignore his family and relatives

Thanks bro.

If I earn that amount monthly, I would certainly help relatives and friends as well but I would do that with sense.

I can't please everyone and displease myself.

LEARN HOW TO SAVE MONEY.
IT'S A GOOD VIRTUE.

OLESCO:


But he said he isn't married and the siblings are all working. Don't see any reponsiblity aside taking care of himself and maybe some friends .....

You guys aren't being realistic as Nigerians.


We all are Nigerians not Nigeriens or Chadians lol



Even if his siblings are all working, that doesn't take away family responsibilities from him unless he intentionally decided to be a mean child or relative and ignore his relatives.



Mind you, I am the last child in my family and in fact, could be the least when it comes to financial stability, yet if I tell you my expenditure on family my parents, relatives, village people, classmates, etc, you will cry for me, and mind you, I am not complaining cos I am glad to be shuddering such responsibilities as an appreciation to God in my life, but I am just using it as example to pass a message

franklingud:

Thanks bro.

If I earn that amount monthly, I would certainly help relatives and friends as well but I would do that with sense.

I can't please everyone and displease myself.

LEARN HOW TO SAVE MONEY.
IT'S A GOOD VIRTUE.

Welcome welcome. I quite understand your point, really valid points cos such steady monthly income will give a wise, ambitious and focused single young man a good start in life, if he plans well and God being on his side too.



But I want to dispute one of your points lol, savings doesn't make anybody rich oh



Anybody that tells you that he or she became rich by saving is a liar lol.

UyaiIncomparabl:


Ok, thanks for the advice.

Response of a reasonable, well bred lady, keep it up

UyaiIncomparabl:


500k Isn't rich, please. Especially if you have a lot of responsibilities/mouths to feed.

Na average salary. Start earning it and you'll know how far.

He said he does not have responsibilities.

N2B2:


Interested in what I do or the money?

its Relative, I'm interested in what you do to get the money

franchasofficia:
Welcome welcome. I quite understand your point, really valid points cos such steady monthly income will give a wise, ambitious and focused single young man a good start in life, if he plans well and God being on his side too.



But I want to dispute one of your points lol, savings doesn't make anybody rich oh



Anybody that tells you that he or she became rich by saving is a liar lol.

Well, saving and investing in other side hustles too. Even the bible encourages us to do same.
Ecclesiastes 11:1-2