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Nairaland Forum / Nairaland / General / Business / Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items (21042 Views)
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Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Blitzking: 3:38pm On Aug 07 |
GanagiBitrus:We actually don't need increase in minimum wage...things the masses need to survive be brought down..we don need minimum wage 70k..rather let bag of rice return to 10k..tomato to 500...Sardine to 450...panla to 200..pomo to 200. Indomie to 1900 groundnut oil 5 lit to 2500 palm oil 5lit to 1k 2 Likes |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Lungs: 3:39pm On Aug 07 |
Goodnewsforlife: Oga shut up 40years old man 1 Like |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by PDPdestroyer(m): 3:40pm On Aug 07 |
The irony is that Nigerians still complained bitterly of how unaffordable those items were! Itβs an unending cycle |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by daniwise(m): 3:41pm On Aug 07 |
Zwooks: yes,very very real.Its a bundle not just a single matchbox which might go for say N2 or N3 in those glorious days. 3 Likes |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Marc3500: 3:41pm On Aug 07 |
Omo if to say time machine exist na to just go back in time tk flex life 1 Like |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by sunnyprof: 3:42pm On Aug 07 |
15.00, 300.00, 250.00, 10.00, 2000.00 etc. Just add the two zeros and put coma one step before: 1,500, 30,000, 25,000, 1,000, 200,0000 etc. shikena!! i.e. 10x increase in 25 years good progress in a sellers market ...... what do you expect ? |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by cococandy(f): 3:42pm On Aug 07 |
GanagiBitrus: |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by nairalanda1(m): 3:49pm On Aug 07 |
GanagiBitrus: 1. I remember the time in 1991 or thereabouts when government increased wages for workers by 45%...within weeks , prices of food stuff and other things went up. Benefit wiped out. 2.Our food problems has, in my opinion, been due to the fact that we rely heavily on subsitence farming. It can't effectively feed a populaiton our size, so we have to import a good chunk of our food needs. LIke rice...I think we produce 2m tonns a year, when we need something like ten million tonns. Also, subsitence farming is expensive, and as a result....we can't meet our food needs. We need massive industrial level mass farming. That's how the US feeds its people and the world despite having less than 4% of its populaiton involved in farming. 3. At some point, we are going to have to diversify our economy and focus more on manufacturing goods and services, and exporting such. And we have to end subsidy on fuel and power because it is costing us too much in forex...meaning w elose forex by import, and forex by subsidy of fuel, and more forex. At the end, we get into more and more economic wahala. 2 Likes |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by daniwise(m): 3:49pm On Aug 07 |
Zwooks: Matches in the 90s 26 Naira. For real ? And people would fall for this crap[/quote] yes,very very real.Its a bundle not just a single matchbox which might go for say N2 or N3 in those glorious days. 3 Likes |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Manculated: 3:57pm On Aug 07 |
Blitzking: Sardine Titus price should not exceed N300 while other brands should less like N150 and N120. 2 Likes 1 Share |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by IamHonourable1: 3:57pm On Aug 07 |
BALLOSKI:nawa for you,who are you asking the questions?Read you said no, now you're asking irrelevant question. 1 Like |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by nasoeb: 3:57pm On Aug 07 |
Zwooks:MN Shatap if you have nothing meaningful to say. The op said "note in bags.... By implication packs too" 3 Likes |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Lionize: 3:58pm On Aug 07 |
Newlymarried: That okazi for restaurant? And the matches, na how many packs abi cartons be dat? |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Tackle247: 4:03pm On Aug 07 |
ImpeccableDust:Back then that you are talking about was expensive. I remember a classmate ate food worth of N1 in 1990 and 2 men in that canteen said the boy is a thief and they were very sure it was not his parent that gave him that amount for food 1 Like |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Kaiser20: 4:06pm On Aug 07 |
Tinubu Supporters, AKA Agbadorian- Zombies, will say that there is no reason for the Protest. Foreign delicates have infiltrated the country to cause trouble for Tinubu |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by ponishah: 4:08pm On Aug 07 |
GanagiBitrus: You people are lazy economists, you don't know what you are saying at all. How does increase of a sector of workers increase the prices of goods and services? How? You all keep saying this and I continue laughing at you. You said it because you heard when some unintelligent self I acclaimed financial analyst say it. OK, since May 29th 2023 that buhari left office wages of civil servants have not changed, until a year and two months after, still not imported. Price of rice was between N40,000 and N 50,000 as at May 29 2023,, now a bag of rice is between N80000 and N100,090. So I ask you and your fellow fake economists, which change in minimum wage caused that? Una go just dey talk with thinking. Most of the high costs of goods and services are man made wickedness. Government need to look into pricing. In Nigeria, retailers make more profit per unit of goods and produces than the companies that produce the goods and the farmers that cultivated. Even if you don't increase salaries for the next 3 years, price of rice will still increase up to N150,000. Let me shock your Braun, all these so called Professor of economics and finance are, are classroom experts. Just theories from normal Olevel principles of economics, that is where all their analysis end. If, not why are we always in double digits skyrocketing inflation? SOLUTIONS Government need to step into price control mechanisms. Government should only ban the importation of goods and produces we have comparative advantage on, then lift ban on importation of goods we don't have such comparative advantages on. So much corruption in government , CBN, banks, petroleum industry, that is the biggest problem of Nigeria 3 Likes |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Tizu(m): 4:14pm On Aug 07 |
Minimum wage was N275.00 |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by JuanDeDios: 4:20pm On Aug 07 |
Enbes:Yes. And everyone was complaining about it. This had become very expensive as of 1990 due to the devaluation and inflation that started once Babangida started to implement SAP. |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by JuanDeDios: 4:22pm On Aug 07 |
GanagiBitrus:Wage increase is not the reason for inflation - it's usually a response to inflation. As of 1990, things had become very expensive and workers were complaining. I'm sure workers would have preferred stagnated wages if the government could return prices to what they were before Babangida started to implement SAP which devalued the naira and brought about inflation. |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by easzypeaszy(m): 4:22pm On Aug 07 |
Enbes:Bag of rice 350 Egusi 100 plus, guy dis tin go fake oooo πππππππππππππππ |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Quebec91(m): 4:30pm On Aug 07 |
You said it all VeeVeeMyLuv: 1 Like |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by gentleguy1975: 4:34pm On Aug 07 |
Hmm, but,#350 was huge back then oo,my first salary on September 30 1992 was #450 and I felt on top of the world Modified Comparing with Saudi Arabia A bottle of coke was 2Riyadh back then in 1983 equivalent to 40kobo in Nigeria and same amount for a bottle of coke,fast forward to 2013 a bottle of coke remained two Riyad in Saudi Arabia but here in Nigeria it was #70 and the exchange rate to a Riyad then was around #40 |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Adakintroy: 4:46pm On Aug 07 |
Newlymarried: Share ur 90 salary vs now too. Them don raise the bar make every try jump higher. |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by CarlosTheJackal: 4:47pm On Aug 07 |
Goodnewsforlife:That's for a carton. Can't you see most of those things are for bulk purchase? 2 Likes |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Emeka71(m): 4:48pm On Aug 07 |
Enbes:Yes o. |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by DIVINEEVIDENCE: 4:55pm On Aug 07 |
Zwooks: That thing na grinding engine/grinding machine. Today grinding machine go be around β¦150, 000. Why clear handwriting go dey hard you to read like this? 1 Like |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by winwin1234: 5:06pm On Aug 07 |
Omenapounds:
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Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by OLULAW: 5:07pm On Aug 07 |
Fake list. |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by Ojady(m): 5:20pm On Aug 07 |
This is how by 2050, someone too will compare today's prices with their own - On a lighter note: Enh! If you wan help yaself, charter bus carry go back to the 90s na! - βSay not, 'Why were the former days better than these? ' For it is not from wisdom that you ask this.β(Ecclesiastes 7:10) |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by edogram2: 5:31pm On Aug 07 |
I still remember the end to obj first term when a bag of 50kg rice was 2k. It got a bit worst in his second term. And it was heading to 4k in obj second term in office. During Jonathan a bag of rice was around 7-8k 2015 Nigeria paid alot sacrifice for obj second term. |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by GanagiBitrus: 5:32pm On Aug 07 |
JuanDeDios:The point is that Govt should focus on fighting inflation rather than increasing wages which will further fuel higher inflation. |
Re: Nigerian Man Shares A Shopping List From The 90s With Prices Of Food Items by GanagiBitrus: 5:35pm On Aug 07 |
ponishah:Calm down Bro. We no dey quarrel. The point is that Govt should focus on fighting inflation rather than increasing wages which will further fuel higher inflation. |
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