jazzman7711:
Yawn….

Minimum wage then was 80 naira a month.

So that list doesn’t prove anything.

Children posting rubbish.

Back then those prices were expensive for the common man.

Even in the 1980s, my pocket money for a whole semester at university was 500 naira, and it was more than enough for everything including catching cruise, shacking beer everyday etc..

Old man, I sight you... So what are you doing in forum filled with children?

oluwaseyi0:
this is how you know kids on this forum

that 90 is fuccking damn hard to see in the 80s, it's more than minimum wage

life was never better in the past, in fact it was way more horrible, now you see average people driving car then even a secondary school principal cannot afford 504 car

People who owned Peugeot 504 Or 505 or beetles or any type of car BACK THEN were either 1) rich 2) got a car loan from their place of work, which HAD TO BE PAID BACK.

jazzman7711:
Yawn….

Minimum wage then was 80 naira a month.

So that list doesn’t prove anything.

Children posting rubbish.

Back then those prices were expensive for the common man.

Even in the 1980s, my pocket money for a whole semester at university was 500 naira, and it was more than enough for everything including catching cruise, shacking beer everyday etc..

People lived far better than they live now

jazzman7711:
Yawn….

Minimum wage then was 80 naira a month.

So that list doesn’t prove anything.

Children posting rubbish.

Back then those prices were expensive for the common man.

Even in the 1980s, my pocket money for a whole semester at university was 500 naira, and it was more than enough for everything including catching cruise, shacking beer everyday etc..

Interesting...
Are you serious about this, Sir?

Gloriousgbola please confirm for a millenial.

Meanwhile the person appears lettered. Look at the legibility of the writing and the spellings.

I can't forget, in 1994, I use to eat mama put for 2 naira, I was a little boy . That 2 naira use to feed me with rice/beans/meat. I don't know how they use to do it then.....

Nigerian like everything cheap. Forgetting everything is relative. InThe 80, people were still shouting hardship de and the mandators or raskimono's were still singing about how cost of living is rising ..Fela was singing suffering and smiling.


Poor men still plenty those day even as things cheap. Meaning if you never get send to make money you never get sense to make money. No matter the era you in you go still complain. None the country Na you no get sense.

Just multiply the amount of each item by one thousand naira then you get today's value of the items

ignis:
Was there pen in 1980?

they say 1980 not 1680

pretydiva:
When the economy was good

Economy was bad back then. Naira was falling back then.

NO, I am not defending APC Mess up. But I can tell you that the economy in the 1980's was not good. It was awful. SAP made it worse, and the fun thing about SAP that if we had not implemented it, it would have been ten times worse.

Read Adiche's Americanah. The early chapters give a good idea about how bad the economy was. I was almost crying with laughter when I read that part of the book. Plus nostalgia.

Guy stop supporting bad leadership, bad leadership causes increased of commodities, bad leadership causes naira to be useless. The of value of goods sold in 1970 are dsame value been sold now in Western country and some other Africa countries. But in Nigeria d case is different

jazzman7711:
Yawn….

Minimum wage then was 80 naira a month.

So that list doesn’t prove anything.

Children posting rubbish.

Back then those prices were expensive for the common man.

Even in the 1980s, my pocket money for a whole semester at university was 500 naira, and it was more than enough for everything including catching cruise, shacking beer everyday etc..

ekitimanalways:

If truly you were a university student in the 80s, you should know that the monthly minimum wage was 125 Naira not 80 Naira. At the prevailing exchange rate of ₦0. 61/$1, this was equivalent to $204.92 a month.

I think minimum wage was increased to N125 in 1981.

jazzman7711:
Yawn….

Minimum wage then was 80 naira a month.

So that list doesn’t prove anything.

Children posting rubbish.

Back then those prices were expensive for the common man.

Even in the 1980s, my pocket money for a whole semester at university was 500 naira, and it was more than enough for everything including catching cruise, shacking beer everyday etc..

Iliterate barbarians like this are the reason this country isnt improving

1980 is a very long time ago

chigo32:
Guy stop supporting bad leadership, bad leadership causes increased of commodities, bad leadership causes naira to be useless. The of value of goods sold in 1970 are dsame value been sold now in Western country and some other Africa countries. But in Nigeria d case is different

That's not quite true. Most African countries have the same issues. Even in the West, once upon a time in the 1970's USA, fuel cost less than 1 dollar per gallon...today it is between 1-7 dollars per gallon!

Nigeria and many other African countries are resource dependent, which means that when the prices of our resources are high, times are good.The 1973-82 was a period of markedly elevated oil prices. It was a time when government was heavily subsidising food and many other things apart from petrol and power. Then prices crashed, government tried to keep up subsides, but by 1985, they had to face reality.

Infact the 1980's was mostly hard after 1982.

And even then, most people were poor and suffering.

Watch the below documentary from 1984, made before Buhari took power.


https://www.youtube.com/watch?v=IEsqiqOoRLg

GIves you a good idea of the conditions then. People were not in good state.

jazzman7711:
Yawn….

Minimum wage then was 80 naira a month.

So that list doesn’t prove anything.

Children posting rubbish.

Back then those prices were expensive for the common man.

Even in the 1980s, my pocket money for a whole semester at university was 500 naira, and it was more than enough for everything including catching cruise, shacking beer everyday etc..

My father's monthly pay as at then was N650. By 1982, he was earning N800. We lived like kings then. Everything turned on its head in 1986, same year SP Okongwu and Kalu Idika Kalu introduced the Second-tier Foreign Exchange Market (SFEM), and it was just downhill from there.

CountinBlessins:


Iliterate barbarians like this are the reason this country isnt improving

I know he is an APC Member, I know he loves to praise tinubu, but he is telling you the truth.

I lived in the 1980's. I know.

It does not mean apc has done well. God knows they met things messed up, but they then procceded to make a bigger mess.

stagger:


My father's monthly pay as at then was N650. By 1982, he was earning N800. We lived like kings then. Everything turned on its head in 1986, same year SP Okongwu and Kalu Idika Kalu introduced the Second-tier Foreign Exchange Market (SFEM), and it was just downhill from there.

Also, SAP, and then the long term effects of the oil price crash of 1982.

nairalanda1:


That's not quite true. Most African countries have the same issues. Even in the West, once upon a time in the 1970's USA, fuel cost less than 1 dollar per gallon...today it is between 1-7 dollars per gallon!

Nigeria and many other African countries are resource dependent, which means that when the prices of our resources are high, times are good.The 1973-82 was a period of markedly elevated oil prices. It was a time when government was heavily subsidising food and many other things apart from petrol and power. Then prices crashed, government tried to keep up subsides, but by 1985, they had to face reality.

Infact the 1980's was mostly hard after 1982.

And even then, most people were poor and suffering.

Watch the below documentary from 1984, made before Buhari took power.


https://www.youtube.com/watch?v=IEsqiqOoRLg

GIves you a good idea of the conditions then. People were not in good state.

That documentary was made when Buhari was in power with Idiagbon. The documentary angered the regime heavily. By April of that year, Decrees No. 2 and No, 4 were in place, allowing for indefinite detention of anyone deemed as a subversive factor to the government (Decree 2) and also punishment for anyone who wrote anything the government found offensive (Decree 4).

Ask journalists of that era. They saw hell.

jazzman7711:
Yawn….

Minimum wage then was 80 naira a month.

So that list doesn’t prove anything.

Children posting rubbish.

Back then those prices were expensive for the common man.

Even in the 1980s, my pocket money for a whole semester at university was 500 naira, and it was more than enough for everything including catching cruise, shacking beer everyday etc..

This is not even 1980s list,this is 1990s list,that sugar that is #2.80k supposed to be 50kobo a packet in the 80s,even then as cheap as it seems everybody cannot afford it,when cement was #2naira a bag and brand new Peugeot 504 #5000 naira how many people built houses or bought cars

Adakintroy:
Nigerian like everything cheap. Forgetting everything is relative. I. The 80, people were still shouting hardship de. And the mandators or raskimono's were still singing about how cost of living is rising af Fela was still singing suufring and smiling.


Poor men still plenty those day even as things cheap. Meaning if you never get send to make money you never get sense to make money. No matter the era you in you go still complain. None the country Na you no get sense.

THE Mandators!


https://www.youtube.com/watch?v=cjeUJt_tunU

Na real rat race time in 1988/9

D prices and d value of commodities been sold in the year 1970s are dsame price and dsame value been sold in 2024 in Western countries and some other Africa countries, but in Nigeria the case is different. U guys should make research

oluwaseyi0:
this is how you know kids on this forum

that 90 is fuccking damn hard to see in the 80s, it's more than minimum wage

life was never better in the past, in fact it was way more horrible, now you see average people driving car then even a secondary school principal cannot afford 504 car

Keep quiet 🤫
Defender of evil.

stagger:


That documentary was made when Buhari was in power with Idiagbon. The documentary angered the regime heavily. By April of that year, Decrees No. 2 and No, 4 were in place, allowing for indefinite detention of anyone deemed as a subversive factor to the government (Decree 2) and also punishment for anyone who wrote anything the government found offensive (Decree 4).

Ask journalists of that era. They saw hell.

I think it was made in the dying days of the Shagari admin. BY the time it aired, Buhari was in power.

Still I can imagine them banning the documentary. Times were still hard under them...and yes Buhari was very harsh to journalists then.

Blitzerz:

Keep quiet 🤫
Defender of evil.

He is right.

Yes, APC is shit, and I would never vote for them

But I was alive in the 1980's. I know it was hard back then. Very hard.

jazzman7711:
Yawn….

Minimum wage then was 80 naira a month.

So that list doesn’t prove anything.

Children posting rubbish.

Back then those prices were expensive for the common man.

Even in the 1980s, my pocket money for a whole semester at university was 500 naira, and it was more than enough for everything including catching cruise, shacking beer everyday etc..

I suspect you to be an agbadorian (see attached)

This is even on the high side. We used to sell a tin of evaporated peak milk for 25 kobo and dozen for 2 naira around 1980-1982

nairalanda1:


People who owned Peugeot 504 Or 505 or beetles or any type of car BACK THEN were either 1) rich 2) got a car loan from their place of work, which HAD TO BE PAID BACK.

back then cars were bought brand new, there were no tokunbo cars flooding the market like we have today. 504 and 505 cars were bought new from pan dealership. I bet if we only had new cars today, only a fraction of the people who currently drive cara will be able to afford them.

TheOgaBoss:
back then cars were bought brand new, there were no tokunbo cars flooding the market like we have today. 504 and 505 cars were bought new from pan dealership. I bet if we only had new cars today, only a fraction of the people who currently drive cara will be able to afford them.

Yes, they were bought brand new, but not everyone could afford them. My dad bought his peugeot via car loan from his place of work. Which was paid back via monthly deduction from the salary he was earning.

Tokumbo was rare back then.

Runaway Jewish ursury .

When you have the CBN setting rates at double digits close to 30% why are you surprised?

Financial wrecklessness of a powerful central government and compound corruption that has seen to the nation's wealth siphoned to foriegn banks plus the servicing of wasted loans is what is the cause.
All so add the parasitic so-called elite class that maintain their outrageous and unsustainable lifestyles at the expense of the public is another reason.

Military rule that started from Obasanjo and then the dissaster Buhari also pillaged our wealth through waste and outright embezzlement.

But Nigeria's economy took a nose dive after the issuance of liscence to merchant banks under IBB. The first set were outright crooks that stole depositors monies. The second set were interested in betting against the naira while loaning bank funds to politicians in what will later be written off as bad debt. The current banks are even far worse as they are the main conduits of money laundering by politicians with such funds converted to Forex.

The elite class with much help from the banksters are the ones killing this country , the economy and the naira.

I doubt this was in the 80s.

I very well recall during the Essential commodity market and the Austerity Measures eras in the 1983s - 1984 when Nigerians were complaining bitterly that a Tin of Carnation and Peak Milk increased to N1.
If a tin of Milk was already N7. 30 by time this list was written, it means it was in the very late 1980s or early 1990s.