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Who Are The Real Middle Class In Nigeria? / Why POOR Families Might Be Better Than Middle Class / 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 Fantazy(m): 8:11pm On Jul 16, 2023 |
Nice2023: That's 41k per month? Do you even know what u saying? The people with that amount in this current economy are the less privilege! 1 Like |
Re: Who Are The Real Middle Class In Nigeria? by Draslo(m): 8:16pm On Jul 16, 2023 |
mu2sa2:Oshey grammar Nazi. I fit dash you cloth wey no be your size, it still would be your cloth. Does that mean you will sew all your clothes after that using the dimensions of the cloth you were gifted? Don't talk to me about English abeg. I'm a Yoruba man. |
Re: Who Are The Real Middle Class In Nigeria? by mfm04622: 8:32pm On Jul 16, 2023 |
Wainey: We are talking annual salary here, not monthly. |
Re: Who Are The Real Middle Class In Nigeria? by BabaIbo: 8:36pm On Jul 16, 2023 |
Wilson500: You're funny. That guy is right. With a sales of 300k+ per day, 9m+ per month, 108million per year, one will definitely be in the high/upper class level. Note: I only calculated this base on the everyday average business premise sales, I didn't include the business deals such supplies etc. |
Re: Who Are The Real Middle Class In Nigeria? by nkemjacob2(m): 8:59pm On Jul 16, 2023 |
We don't have middle class in this country. |
Re: Who Are The Real Middle Class In Nigeria? by lawani: 9:04pm On Jul 16, 2023 |
franchasofficia: You people just like to talk anyhow. So Profs, doctors, army generals are poor?. You better shut up |
Re: Who Are The Real Middle Class In Nigeria? by mu2sa2: 10:54pm On Jul 16, 2023 |
Draslo:Even as a yoruba man, you sure have heard before that no man is above mistake. If you haven't, now you know. Peace! 1 Like |
Re: Who Are The Real Middle Class In Nigeria? by franchasofficia: 11:10pm On Jul 16, 2023 |
lawani:You don't have understanding sorry. Annual salary = monthly salary x 12. So Lecturer or Prof or Army Colonel not even General earn less than 3million a year. Meanwhile, in Nigeria, due to corruption, their official salary may be 300,000 naira monthly, but at the end, they may earn 3million a month from other illegal engagements like student sorting, road bribery, sale of poorly written handouts, and other office racketeering that is common with Nigerian civil and government workers |
Re: Who Are The Real Middle Class In Nigeria? by Draslo(m): 12:20am On Jul 17, 2023 |
mu2sa2:It was no mistake. I prefer using size to cloth in that context. It makes more sense. |
Re: Who Are The Real Middle Class In Nigeria? by mu2sa2: 5:32am On Jul 17, 2023 |
Draslo:It's a fixed expression - it's wrong usage to rearrange the words. 1 Like |
Re: Who Are The Real Middle Class In Nigeria? by pak: 9:11am On Jul 17, 2023 |
bravehost4u: Are an accountant or financial adviser - this post is fantastic |
Re: Who Are The Real Middle Class In Nigeria? by tobstarizhia(m): 9:13am On Nov 22, 2023 |
The middle class earn between 2/3rd of the national median income of 339,000 (around 230,000) to double that (660,000). I personally believe that the max value is much more higher. Going into the millions. In fact, I think anything less than 2.5 million is still middle class. Also, you can be earning 5 million a month and still be middle class. You're only rich if you have income generating assets (businesses, schools, etc) and those assets attracts little or no liabilities. E.g. you own the land and building on which your business is built. Middle income earners can own businesses, but they are more likely to rent the building than actually owning it 1 Like |
Re: Who Are The Real Middle Class In Nigeria? by lawani: 1:55pm On Nov 22, 2023 |
tobstarizhia: Your definition of the middle class is sensible because to own a building housing your business will be close to twenty million naira if not in Lagos but it can help you with bank guarantees, your character and long standing can also help you with credit. So if you have only a few millions of your own as liquidity but own your premises, you are not really middle class if you have long standing and character |
Re: Who Are The Real Middle Class In Nigeria? by DesChyko: 2:13pm On Nov 22, 2023 |
meum: Whaaaaat? 🤣 |
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