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Who Are The Real Middle Class In Nigeria? - Family (6) - Nairaland

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The Decline Of The Nigerian Middle Class / Who Are The Real Middle Class In Nigeria? / How To Identify A Middle Class Nigerian : Elnathan John (2) (3) (4)

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Re: Who Are The Real Middle Class In Nigeria? by Nobody: 3:42pm On Jul 16, 2023
Cowbell521:
Less than 100 million naira in liquid cash is middle class

Less than $1m net worth is middle class

✔✔✔
Re: Who Are The Real Middle Class In Nigeria? by iguita: 3:45pm On Jul 16, 2023
Does village people cover health? Or should we do another judges line for that one? grin

Draslo:

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
Re: Who Are The Real Middle Class In Nigeria? by BItt: 3:50pm On Jul 16, 2023
there is just rich or poor in nigeria
Re: Who Are The Real Middle Class In Nigeria? by Nobody: 3:50pm On Jul 16, 2023
Exmilitant:
how so? One of the leaders from a community that hosts 23 oil firms, a man from a community that generates more than 12 million everyday from revenue, an Exmilitant whom your government still pays millions monthly to secure your oil pipeline?

No sir, I moved up the ladder!

Wereeey Onirogrin

1 Like

Re: Who Are The Real Middle Class In Nigeria? by Nobody: 3:52pm On Jul 16, 2023
BluntCrazeMan:
.....and entered low-income class I guess??

Affirmative for himgrin

See the Marble Tiles his children plays on.

3 Shares

Re: Who Are The Real Middle Class In Nigeria? by lawani: 3:52pm On Jul 16, 2023
Wainey:
rent in banana island is 20m above.
Two months salary can cover that, so yes you can live in BI with N10m

To stay in banana island you must earn salary as if you are in western Europe but all that will soon be corrected as it was not like that in the past
Re: Who Are The Real Middle Class In Nigeria? by OperationalVehi: 3:56pm On Jul 16, 2023
gumaveddy:
a 32k? My eyes Dey pain me neh....no disrespect bro but quit the job ain't worth it.
it is small and hardly takes care of anything but then again, no one will dash me 32k.

you may not understand if you haven't stayed a whole year unemployed starving and broke.

1 Like

Re: Who Are The Real Middle Class In Nigeria? by Nobody: 3:57pm On Jul 16, 2023
Wainey:
rent in banana island is 20m above.
Two months salary can cover that, so yes you can live in BI with N10m

So you can pay House Rent Of 20M out of 10M Yearly Salary lolgrin

Make una dey Cool down read before una reply. Mba.
Re: Who Are The Real Middle Class In Nigeria? by lawani: 3:58pm On Jul 16, 2023
OperationalVehi:
it is small and hardly takes care of anything but then again, no one will dash me 32k.

you may not understand if you haven't stayed a whole year unemployed starving and broke.

You can manage if no transport costs and you are single,you can even save and that is what is most important
Re: Who Are The Real Middle Class In Nigeria? by Draslo(m): 4:06pm On Jul 16, 2023
iguita:
Does village people cover health? Or should we do another judges line for that one? grin

Pretty much. There are plenty health insurance plans of 10k monthly with really quality services.
Re: Who Are The Real Middle Class In Nigeria? by franchasofficia: 4:12pm On Jul 16, 2023
meum:


This your statistics na wa!

Some babes wey go tell you say 5k no reach dem for lunch earn 600k or less annually @ 50k or less monthly. Shey na poor class dem Dey? No let dem catch you ooo😂😂😂
Anybody earning less than 1million naira a month in Nigeria is poor, even though the person might not know that he or she is poor.



But some of those girls earning 50k salary a month which gives 600k naira a year are not poor due to their gender that gives them an edge to earn extra income from prospective lovers, toasters, sugardaddies, boyfriends, hookups, etc. Such that at the end of the year if you check their total income, it may even be up to 5million or more a year depending on how hot and free the girl is in mingling with men
Re: Who Are The Real Middle Class In Nigeria? by Fuckyoumod: 4:16pm On Jul 16, 2023
Cti28:

Living
was a typo error.
Re: Who Are The Real Middle Class In Nigeria? by Nobody: 4:27pm On Jul 16, 2023
ecolime:

3 children on a N200k salary na poor man oo

Asin a Wretched man in this current setting.
Re: Who Are The Real Middle Class In Nigeria? by Nobody: 4:30pm On Jul 16, 2023
Fatherson:
Abeg what of someone that has income of about N3m monthly (N36m) yearly. What is his class.

This is exactly what is called Middle Class Citizens.

If Blacks/Nigerians were to be Godly Beings.

This is what 70% of her Citizens are supposed to be earning.
Re: Who Are The Real Middle Class In Nigeria? by Wkaay(m): 4:38pm On Jul 16, 2023
No middle class in Nigeria
It's either you have or you don't have
Up or down
High or low
Rich or poor
Plenty or lack
Re: Who Are The Real Middle Class In Nigeria? by gumaveddy(m): 4:39pm On Jul 16, 2023
Handwork or trade will do just fine for you.
OperationalVehi:
it is small and hardly takes care of anything but then again, no one will dash me 32k.

you may not understand if you haven't stayed a whole year unemployed starving and broke.
Re: Who Are The Real Middle Class In Nigeria? by emmaodet: 4:56pm On Jul 16, 2023
Evolutionlove:


This is exactly what is called Middle Class Citizens.

If Blacks/Nigerians were to be Godly Beings.

This is what 70% of her Citizens are supposed to be earning.

It is not possible.

70% of the population can't and won't earn that likewise western world equivalent.
What we need is for our basic social amenities to work instead of thinking of earning millions of naira.
If basic amenities like good hospital, good public schools, low cost housing, water cooperation, railway works fine, even a man earning 100k per month will live well because there won't be any reason to be using private things which makes like expensive - private housing by landlords, private schools, private hospitals etc.
A man earning 100k would have sent his kids to good public schools, good public hospital which cost next to nothing and rent a low cost housing of 100k per annum for a decent 3 bedroom flat.
If 70% of Nigerians earn 36m per annum, it will trigger hyper inflation because it means 70% of the population/ 140m people will be using huge cash to chase few lands for building, chase the foods in the market, chase anything chase able thereby trigging the prices of these commodities and in no time, 36m will become useless because 140m people can afford to buy a plot of land at mower for 20m each, thereby making the land owner to jack up the price to 100m to weed off weak buyers and the trend continues.
No economy will survive 50% of it's citizens becoming rich. None.
The aim of government worldwide is to play with the currency in such a way that there won't be enough money in circulation triggering inflation, laziness of citizens etc and there is no less money in circulation that will trigger unrest and civil disobedience.
There should always be a balance to keep the bulk of the citizens working

2 Likes

Re: Who Are The Real Middle Class In Nigeria? by Freelane33(m): 5:11pm On Jul 16, 2023
What do you mean by businesses 😂😂😂😂😂😂( Onishina oshi)
Draslo:

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
Re: Who Are The Real Middle Class In Nigeria? by Helpfromabove1(m): 5:16pm On Jul 16, 2023
Nice2023:




Since 2020 u joined naira land u have no topic to boast of...not even a three line topic,but u could have the guts to condem those who have kept this platform going.

Shame on u.

Enemy of progress.
Re: Who Are The Real Middle Class In Nigeria? by Draslo(m): 5:19pm On Jul 16, 2023
Freelane33:
What do you mean by businesses 😂😂😂😂😂😂( Onishina oshi)
I can't even put shina expenses. I'm ashamed to put it there

1 Like

Re: Who Are The Real Middle Class In Nigeria? by OperationalVehi: 5:35pm On Jul 16, 2023
gumaveddy:
Handwork or trade will do just fine for you.
to chop naa war.
How do I raise funds for any of these business even if I want to start small
Re: Who Are The Real Middle Class In Nigeria? by ModCaller: 5:36pm On Jul 16, 2023
Draslo:

The only things that would be different are rent and feeding. Doesn't make you middle class still

You're truly out of touch with reality. Lol.

1 Like

Re: Who Are The Real Middle Class In Nigeria? by imwaya(m): 5:41pm On Jul 16, 2023
I believe middle class should start from 2.4m/anum depending on where you live sha. 2.4m in the North is very okay.
Draslo:

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
Re: Who Are The Real Middle Class In Nigeria? by Mountbatten: 5:52pm On Jul 16, 2023
bravehost4u:


Your statistic may justify a particular location but cannot serve as a yardstick to classify one as a middle class.
My Location:
Rent : 360k (2 bed flat in a Middle class area)

That can never be a middle class area in Lagos unless say na container you dey sleep lol!
Re: Who Are The Real Middle Class In Nigeria? by Mountbatten: 5:53pm On Jul 16, 2023
samsard:
LMAO. What you enlisted is UPPER MIDDLE CLASS kind of spending, not just middle class. Yes, there's such a thing as a lower middle class. My neighbourhood is pretty much middle class & you can get a decent two bedroom for under a million.
You can't include business fuel expense under personal or home expense. It doesn't work that way.
However, 500k per annum is not middle class like the OP stated.

What's this location?
Re: Who Are The Real Middle Class In Nigeria? by Mountbatten: 5:56pm On Jul 16, 2023
NigerianAngelo:
Middle class is $1000-$4000 all across Africa.
(So currently: N700k - N3M)


Nigeria 🇳🇬 included.




When you start earning it, you'll notice it's just that -- middle class. (But it can help you live a kind of rich life, if you are wise, meek and honest).

I hope this is per month not annum.
Re: Who Are The Real Middle Class In Nigeria? by BABAawoo47: 6:00pm On Jul 16, 2023
Miracood2:
People earning 200k monthly. With a maximum of 3 children to feed.
300k for single sef no reach anything, i wonder how ppl dey do am
Re: Who Are The Real Middle Class In Nigeria? by Cti28(m): 6:06pm On Jul 16, 2023
Fuckyoumod:
was a typo error.
Alright
Re: Who Are The Real Middle Class In Nigeria? by Mountbatten: 6:07pm On Jul 16, 2023
I've found this thread quite shocking.

In my opinion, anything lower than ₦350,000 – ₦500,000 per month in this current economy cannot be branded middle class.

To add a bit of context, ₦350,000 is $430 while ₦500,000 is $614. How can any reasonable person say that earning this per annum is middle class? ₦500,000 per month isn't as much as you think, just ask those who are around this income bracket. It's average class at best for a single person.

To be truly comfortable in Lagos or Abuja, one should be earning at least ₦750,000 – ₦1,500,000 per month as that gives you enough wiggle room plus decent savings.

2 Likes 2 Shares

Re: Who Are The Real Middle Class In Nigeria? by Nobody: 6:12pm On Jul 16, 2023
emmaodet:


It is not possible.

70% of the population can't and won't earn that likewise western world equivalent.
What we need is for our basic social amenities to work instead of thinking of earning millions of naira.
If basic amenities like good hospital, good public schools, low cost housing, water cooperation, railway works fine, even a man earning 100k per month will live well because there won't be any reason to be using private things which makes like expensive - private housing by landlords, private schools, private hospitals etc.
A man earning 100k would have sent his kids to good public schools, good public hospital which cost next to nothing and rent a low cost housing of 100k per annum for a decent 3 bedroom flat.
If 70% of Nigerians earn 36m per annum, it will trigger hyper inflation because it means 70% of the population/ 140m people will be using huge cash to chase few lands for building, chase the foods in the market, chase anything chase able thereby trigging the prices of these commodities and in no time, 36m will become useless because 140m people can afford to buy a plot of land at mower for 20m each, thereby making the land owner to jack up the price to 100m to weed off weak buyers and the trend continues.
No economy will survive 50% of it's citizens becoming rich. None.
The aim of government worldwide is to play with the currency in such a way that there won't be enough money in circulation triggering inflation, laziness of citizens etc and there is no less money in circulation that will trigger unrest and civil disobedience.
There should always be a balance to keep the bulk of the citizens working

✔✔✔

1 Like

Re: Who Are The Real Middle Class In Nigeria? by mu2sa2: 7:50pm On Jul 16, 2023
Draslo:

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
It's cut your coat according to your CLOTH .

1 Like

Re: Who Are The Real Middle Class In Nigeria? by Emdebby2: 7:59pm On Jul 16, 2023
Which class i come belong?

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