The real middle class in Nigeria are individuals and families who have a moderate income level, typically earning between N500,000 to N10,000,000 ($1,200 to $24,000) per year. They often hold white-collar jobs in sectors such as banking, finance, education, healthcare, and technology. The middle class in Nigeria is characterized by their ability to afford a decent standard of living, including owning their own homes, sending their children to good schools, having access to healthcare services, and possessing some discretionary income for leisure activities and savings. They typically reside in urban areas, particularly in the major cities like Lagos, Abuja, and Port Harcourt. The middle class in Nigeria is considered the backbone of the economy and plays a vital role in consumer spending and economic growth.

Nice2023:
The real middle class in Nigeria are individuals and families who have a moderate income level, typically earning between N500,000 to N10,000,000 ($1,200 to $24,000) per year. They often hold white-collar jobs in sectors such as banking, finance, education, healthcare, and technology. The middle class in Nigeria is characterized by their ability to afford a decent standard of living, including owning their own homes, sending their children to good schools, having access to healthcare services, and possessing some discretionary income for leisure activities and savings. They typically reside in urban areas, particularly in the major cities like Lagos, Abuja, and Port Harcourt. The middle class in Nigeria is considered the backbone of the economy and plays a vital role in consumer spending and economic growth.

Rent : 1.5m (2 bed flat in a Middle class area)
Power : 300k
Petrol/Diesel (car, business home) :
Break down (petrol): Car -15k weekly = 780k
Home - 10k weekly = 520k
Businesses - 30k weekly
Total for petrol : 2.86m
Feeding : 1.825m at 5k daily
Miscellaneous : 1.5m
Village People problems : 1m

Total is 8.68m...


My conclusion. You cannot earn 500k and claim middle class anymore. You can't even save and this is for a single person.
You can cut your coat according to your size but you definitely can't claim middle class anymore

Thank God i left the middle class.

Mostly bank workers and telecoms workers.

Eroded

Cleared, Exterminated

Nonexistent

People that are at the middle of the ecosystem..

You can't call a person earning 500k as a middle class.

The cost of living is very expensive these days. especially when you have mouths to cater for.

Except you produce some of the foods you eat and still earn 500k, that's when you can call yourself a middle class.

Times are hard and if you're not favored, you will keep asking yourself what's the essence of living.

I don't even know my class yet!

I'm currently classless. God epp me

Op, this question get as e take be...because there are still like 5 classes under this middle class. If you are still paying rent...you day middle class, but you can't compare person way day pay rent for Agege with person way day pay rent for Ikeja...I no talk Lekki oo.

Meanwhile, We are a caregiving company dedicated to providing the highest quality care for our elderly clients or those that are ill, disabled and nursing mothers, right in their homes...kindly check my signature.

What about pos agent earnings 500k and above?

Bro, this analysis just make me feel say I never try be that oo. Wait so we that are earning 30k are which class bro? How about those who are not earning a dime?

Wait does it mean, the rest of us are just suffering?

OP, do you mean 500,000 per year as the lower boundary? Like 40k per month for a family qualifies as middle class?

That's quite hilarious

I think it should be specified by locality. 40k per year may get a family by in a rural area; but then, people who actually live in rural areas are mostly not well to do.

Most of the figures that would be quoted on this thread will make you feel uncomfortable.
You won't believe people earn that much in Nigeria.

I currently earn 32k and I still dey owe sef.
How do I achieve anything worthy of mention.
Its a miracle surviving in Nigeria.
I pray things get better for me soon

80% of Nigerian middle class is populated by the Fulani + Hausa
12% of the middle class is also populated by their slaves (Yoruba ronu)

8% of the middle class is populated by the citizens with a merit badge ,who worked ,studied to earn that middle class status .

The middle class comprises individuals with moderate to comfortable income and social status, typically having access to education, homeownership, and some discretionary spending.


The upper middle class and upper class status of Nigeria is 90% populated by the Igbos . They are cumulatively richer that the other 333tribes combined .

Nice2023:
The real middle class in Nigeria are individuals and families who have a moderate income level, typically earning between N500,000 to N10,000,000 ($1,200 to $24,000) per year. They often hold white-collar jobs in sectors such as banking, finance, education, healthcare, and technology. The middle class in Nigeria is characterized by their ability to afford a decent standard of living, including owning their own homes, sending their children to good schools, having access to healthcare services, and possessing some discretionary income for leisure activities and savings. They typically reside in urban areas, particularly in the major cities like Lagos, Abuja, and Port Harcourt. The middle class in Nigeria is considered the backbone of the economy and plays a vital role in consumer spending and economic growth.

dis ur own is definition 4 middle-high class, in Nigeria we now have middle-middle & middle-low class b4 we now acknowledge low & upper class.

Send me small thing mek I finish work here 4 u.

We don't have Middle class in Nigeria again,we have the Rich,the poor and the vulnerable.

somehow funny

Tinubu

Is a pilfer

Wahala for Tinubu

Very lean, let the poor breathe. Person wey dem say make e repeat lower class twice before joining real middle class nko? How much should we pay to join middle class bros?
God epp us all.

None

Buhari made it seems so

Nothing like middle class anymore. It's either you are rich or poor.

So which class I come dey?

People earning 200k monthly. With a maximum of 3 children to feed.

No more middle class

PotatoSalad:
Tinubu will singlehandedly kill middle class in Nigeria. In a few years, you're either rich or poor.

something he has done tey-tey!

jogsman01:
Wahala for Tinubu

Wahala for you

G