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Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? - Jobs/Vacancies (14) - Nairaland

Nairaland Forum / Nairaland / General / Jobs/Vacancies / Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? (50237 Views)

500k Per Month In Nigeria Or 2000pounds Per Month In The Uk / Can He Still Be Considered 26 Years old or not? / Business Idea For A Budget Of 500k (2) (3) (4)

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Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by NOETHNICITY(m): 3:11pm On May 26, 2022
I earn over a million monthly, yet I don't see myself as rich
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by pongwa(m): 3:11pm On May 26, 2022
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.
shut up, 500k plus salary means you are rich.

2 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by pongwa(m): 3:11pm On May 26, 2022
NOETHNICITY:
I earn over a million monthly, yet I don't see myself as rich
poverty won't leave you with this mentality

2 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by phemmyfour: 3:13pm On May 26, 2022
Slynation:
My father didn't earn that much but he comfortably sponsored me and my 3 siblings from kindergarten to university level without third party so what are you saying...

The earlier you realize in life everything boils down to planning and sacrifice, the better for you...!!
In your father's days , free quality education exist in public schools from primary to secondary.

In those days , University fees were less than minimum wage
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Johel(m): 3:13pm On May 26, 2022
Angelfrost:


That's the problem... These people come here acting wealthy, spouting lies and making young people desperate.

Just imagine! As if we don't know the earning and spending data of this nation.

The annoying part is that most them have never seen half of the money they look down on. Lol! grin

Many of them can't even have decent 3 square meal,but they come here talking Nonsense.
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by BePrepared: 3:13pm On May 26, 2022
UyaiIncomparabl:


Why compare Zamfara to Lagos? What's the correlation? As long as you live in Lagos, PH or ABJ, your 500K earning is a joke.


I like the way you sound like a classic lady.

Plz aunty m how much do u earn

Just a hint
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Talib93(m): 3:14pm On May 26, 2022
You are rich but your friend is a threat to your life
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
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by phemmyfour: 3:15pm On May 26, 2022
spencekat:
People earn lesser and buy those things you listed.
Do they go for quality?
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by WIZGUY69(m): 3:15pm On May 26, 2022
Kentuforchrist:


Aswear and most of those places na mainland e dea oooo

I wish to visit abuja soon

Exactly. Mainland. Ikeja GRA and Co. angry
I can't believe this is me going against Lekki. angry Because Lekki is still my favorite part of Lagos, judging by the night life and the girls there cheesy
I just hate the fact that every tom and Jerry always use Lekki as a yardstick for 'decent' standard of living in Nigeria. Or where High income earners lives. Lmfao. So many fake people lives there. People owing 3 monthly rental fees just to feel among. People that have no business staying in the Island. And for their mind they know what's up. The Okada thingy and accessibility is really an eyesore for a supposed High income location.

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by wirinet(m): 3:19pm On May 26, 2022
Androgens:


Lol even over here, I earn roughly N300k per month with not much responsibilities and I have never for one day considered myself rich like WTF lol 500k Is Just $1000. Buharii have truly finished these Zombies..grin

You can't blame Nigerians. They have been traumatised by poverty kick-started by IBB's SAP and concluded by Buhari. The now view basic things taken for granted in other places as being rich. Things like eating a balanced diet, eating at least 2 square meals a day, drinking clean water, having electricity 24/7, wearing new cloths instead of discarded imported cloths, attending good schools, having a basic mode of transportation, living in a nice comfortable house, etc, as being rich. They have redefined being rich as having the basics amenities of life. They think living just means existing.

Can 500k provide basic standard of living for a family of 5?
That 500k will provide the same standard of living for someone earning a middle range income in the UK. Even people living on dole in council flats will have a better standard of living.

4 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by WIZGUY69(m): 3:19pm On May 26, 2022
All of a sudden, everyone earns over a million naira monthly grin Who are the people begging for crumbs in giveaway threads.
Social media grin

5 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by AfroKnight: 3:20pm On May 26, 2022
UyaiIncomparabl:


How much do you earn?

Nonsense talk again.
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by NOETHNICITY(m): 3:21pm On May 26, 2022
Israeldan1:
Becus I day collect 500 k for Nigeria no mean say mk I no save, invest and work more

Who the hell said I'm not rich with 500k

Ordinary 200k some people day open Investment with
Not to talk of my monthly earning

Tf can't even Finnsh my money cus b4 5 month will get a portable car b4 1 year sef I don day build huz for my villa will invest on so many business
like i have started...
Earning 500k and saving let's say 300k, can't get your portable car in 5months. 300 in 5months is just 1.5m. which portable car you want buy with that? Then, building a house in your village whike living in the city is a useless investment. Unless your village is either in lagos or Abuja or some other big town. Yet you can't build a house with a monthly 300k savings in a year, unless na face me I slap you house
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Ghostrye: 3:21pm On May 26, 2022
UyaiIncomparabl:


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.
that's cute, now please stop talking
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Nobody: 3:23pm On May 26, 2022
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Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Karnice600: 3:25pm On May 26, 2022
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

That's roughly over a thousands dollars in a month.
Well, truth be told. On the Nigerian terrain, its a good pay. Your lifestyle and responsibilities determine your productivity in a net sum.
On the other hand, if you live in the US, that's about or slightly below the monthly earning of an average cleaner, paid on hourly basis. Garbage collectors earn higher.
Also if you're a programmer, then you're under paid.
But since Naija is all messed up, then you're someone's dream to be. Just make the best out of it. Its an offer many will die to grab on this terrain. More grease to your elbow.

3 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by NOETHNICITY(m): 3:27pm On May 26, 2022
pongwa:
poverty won't leave you with this mentality
stop being a fooool Mr. The very day you see ursef as rich is the very day poverty visit you
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by wirinet(m): 3:29pm On May 26, 2022
sumboty:

And the bag of rice you buy will be consumed within a month bah?
I'm not say it the right analysis,
But how many percentage is earning 500k?
90% of salary earner receive blow 300k monthly in Lagos, Abuja, and PH....

Rice is our main diet, so we consume a bag in 2 months.

That's why they say 70% of Nigerians live below the poverty line. How can you justify earning below 300k while a bag of rice is N30k, petrol is N165, bottle water is N100, kerosene is 700/litre, cement is N4,500, electricity is N50/Kwh, etc. That's deliberately pauperising the people and justifying corruption, stealing, yahoo and ritual money.

1 Like 1 Share

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Kimiso(m): 3:35pm On May 26, 2022
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
having a good health and sufficient happiness is the definition of richness,.. but sir are you a doctor

1 Like 1 Share

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by pongwa(m): 3:35pm On May 26, 2022
NOETHNICITY:
stop being a fooool Mr. The very day you see ursef as rich is the very day poverty visit you
another poverty mentality
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by jojothaiv(m): 3:35pm On May 26, 2022
So I was arguing with a friend who stays in the states and he keeps saying I am a rich guy.

During one of your arguments these days, try ask your friend if he wouldn't mind you guys switching position for 3 months. I bet you his reply is the answer to this thread.

Generally, nobody want make another man put sand for hin garri. Update or no update, no bi everything guy man go tell you.

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by xtervaganza(m): 3:37pm On May 26, 2022
Johnchrix:
You are Rich Oga.
lol he's not. It's just 1000 naira times 500.
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Kimiso(m): 3:40pm On May 26, 2022
Emmanuel909090:
Anybody earning 500k in today's Nigeria is a rich man
including perquisites earnings
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Johnchrix(m): 3:41pm On May 26, 2022
xtervaganza:
lol he's not. It's just 1000 naira times 500.

Married men are surviving with 150k in This same Nigeria so what are you saying, what he need is to work on his life style.

1 Like

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by hotplate: 3:42pm On May 26, 2022
wow .. 500k monthly please I'd like to know the nature of your job. am a graduate and all i still get are jobs of 70k and thereabout. maybe your reply would help rejig my orientation

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
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by 6pack: 3:45pm On May 26, 2022
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
just say u are looking for some hungry Nairaland girls to dm u

2 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by NOETHNICITY(m): 3:45pm On May 26, 2022
pongwa:
another poverty mentality
Poor man is trying to teach me how to be rich. Ok Oga sir, you have won.
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by Karnice600: 3:45pm On May 26, 2022
UyaiIncomparabl:


I suppose you have no responsibilities?

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

You can be called rich, but you're not. People don't define if you're rich. They only come to terms with the reality of an obvious result derived from strategic planning. Rich is your net worth; assets and funds, not expenses.
What I'm saying is someone earning that sum can liberate himself from poverty, to becoming rich, with adequate planning and investment. There should be skills to better or gather, business schemes to work on... Unless the only plan on ground na to feed mouths, pay house rents and bills. Fine. Of course that's also another way of living too.

2 Likes

Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by xtervaganza(m): 3:46pm On May 26, 2022
Johnchrix:


Married men are surviving with 150k in This same Nigeria so what are you saying, what he need is to work on his life style.
Baba, he's comfortable, no doubt. But rich? If you think I'm talking rubbish start from now and start putting down your daily expenses. Don't put down flex expenses, just daily necessities expenses and you will realise the amount you spend daily. Sum it up a month and fear go catch you.



With 500k a month you will be comfortable but not rich. 500k if you save it in a year is just 6 million. That's just enough to buy a good car, not a rich man's car. I hope you get it now?
Re: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by 6pack: 3:47pm On May 26, 2022
SUPERPACK:
Speak for those that have zero in economics sha not me. With that pay I will enjoy my life here in Nigeria and never look for more. I will still save 250k per month at the end minimum. I live a minimal lifestyle, no smoking, drinking, clubbing, womanising nor friends and don't fancy social attention.
that's because u are poor. When mulla enter u go do and over do

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