You are paying for the money spent on organizing that county. Just like you go buy singlet for shopping mall, u go pay for AC na, non be so?

Nigsrdumb:


Sir toto, this issues are the same everywhere, I pay 2600 euro per annum for insurance.

When I woke up this morning to check my car , some random stranger smashed my rear fog lights on my precious Toyota and ripped off part of the bumper.

My insurance does not cover that type of damage, also investigations can take up to a year

My point is that Nigeria is cheaper to live in, it's just very disorganized.

ojesymsym:
Good you are catching the drift. We all do not need 40k a day to live a decent life. A 40k a day expense may be a good to have but it is not a good lifestyle yardstick.

Na not a yard stick. I'm well on the table. My mentor made sure I could make 1.5m before I proposed to any lady. She says she no want make I dey call her for yeye issues say make I settle myself first before touching any ladies bum bum. This was a few years ago. So you see. We don't even need 1. 2mmobthly to be good but then we need it. No friends in the country if emergencies arises like medical expense, family needs... These are the greay areas why its pertinent to plan and make these projectionsnot like it's sacrosanct

To live a very good life in this country,you need 500k+/m. That is life of comfort where you can eat whatever you want and whenever you want,fuel your gen when heat dey,fuel and maintain your car,live in a secure environment,pay bills with comfort etc. You can live some of this lifestyles with less pay but a couple of them must go and you still live fine.

Truth is jobs that pay this amount are very few and requires years of hardwork and experience to reach this level. 1.2m may be high but its not too far away from what gives you that optimal comfort

Adiwana:
To live a very good life in this country,you need 500k+/m. That is life of comfort where you can eat whatever you want and whenever you want,fuel your gen when heat dey,fuel and maintain your car,live in a secure environment,pay bills with comfort etc. You can live some of this lifestyles with less pay but a couple of them must go and you still live fine.

Truth is jobs that pay this amount are very few and requires years of hardwork and experience to reach this level. 1.2m may be high but its not too far away from what gives you that optimal comfort

Seconded.


I will never give my daughter to a man that doesn't have this figure as his monthly expense in today's naija. I swear down. And BTW, I place the same standard on myself.

ojesymsym:
You are paying for the money spent on organizing that county. Just like you go buy singlet for shopping mall, u go pay for AC na, non be so?

No I'm paying for insurance nothing to do with development.

Only covered when I'm in an accident , they don't pay me, they pay the other person involved in the accident if it's my fault or vice versa.

healthserve:



Lol boss. I understood this before I commented and still hold on to my opinion

A lot of Nigerians don't know it but just on meals alone Nigerians are malnourished.

I dey patronise buka well well to make gestimates about the eating lifestyles of our people

anyone spending 40k daily in NIGERIA is not just rich but very rich. even abroad, if you can spend 40k daily, you are rich. It's actually cheaper to Iive in Nigeria than abroad.

OgogoroFreak:
anyone spending 40k daily in NIGERIA is not just rich but very rich. even abroad, if you can spend 40k daily, you are rich. It's actually cheaper to Iive in Nigeria than abroad.

I don't Know about spending such amount daily. I don't spend that much daily even on my good days so permission to exempt myself. But 1.2m per month isn't bad. Modern day naija is strange, there are too many dependents so much need for logistics, power, Internet, feeding, security and housing bills, religious bills, medical insurance, educational insurance for kids. Project expenses. For all these 1.2m per month isn't a bad projection Sir, to me personally. This is a standard I placed upon myself personally and work on even currently, and while I don't spend this much monthly, from next year, I've scaled above it s because I placed it as my working guide long before now.

It is an amount that corresponds to the Nigerian inflation system, ofcourse people can survive with N1000 per day but they are more exposed to certain avoidable health hazards in Nigeria, they can't afford to stay away from these hazards due to the state of the Nigerian inflation economy.

One gospel truth about Nigeria compared to a country where things are organized is health insurance, in Nigeria someone with kidney transplant issue requires a Church to raise N12million or so to travel to India but in an organized society someone with kidney transplant issue is only required to present his health insurance document which he pays a premium of N5000 equivalent a month for the same N12 million naira sugery in Nigeria so you see, inflation inflation.

Lack of health infrastructure, poor medical practioners. These things are still available in Nigeria but it takes us to the N40k per day.

ojesymsym:
I called it an optional activity. How many average persons do it annually?
When you say 40k a day is needed, please do not drive more youths into crime with this high expectations

I understand that part, I was commenting on the part you said Naija is cheaper to live only that it is disorganized, so I am saying Europe will naturally be more expensive since you are paying for it being already organised

Nigsrdumb:


No I'm paying for insurance nothing to do with development.

Only covered when I'm in an accident , they don't pay me, they pay the other person involved in the accident if it's my fault or vice versa.

TotoNaRubber:
It is an amount that corresponds to the Nigerian inflation system, ofcourse people can survive with N1000 per day but they are more exposed to certain avoidable health hazards in Nigeria, they can't afford to stay away from these hazards due to the state of the Nigerian inflation economy.

One gospel truth about Nigeria compared to a country where developed country where things are organized is health insurance, in Nigeria someone with kidney transplant issue requires a Church to raise N12million or so to travel to India but in an organized society someone with kidney transplant issue is only required to present his health insurance document which he pays a premium of N5000 equivalent a month for the same N12 million naira sugery in Nigeria so you see, inflation inflation.

Lack of health infrastructure, poor medical practioners. These things are still available in Nigeria but it takes us to the N40k per day.

I stand with you.. Spot on. Most times while we don't place our fingers on this expenses is because we wait till needs like this kidney transplant arises before we make plans around such needs.


I like to settle with an analysis that 1.2m is good for a comfortable family life in the urban. But then a choice o...

You want to start comparing cost of health care in Naija to cost of health in organized society. NAija healthcare is cheaper, it is the quality nthat is low.
Also, for you to have a health insurance that covers kidney transplant you will be at a premium. Most insurance will not touch such situations from what I know

TotoNaRubber:
It is an amount that corresponds to the Nigerian inflation system, ofcourse people can survive with N1000 per day but they are more exposed to certain avoidable health hazards in Nigeria, they can't afford to stay away from these hazards due to the state of the Nigerian inflation economy.

One gospel truth about Nigeria compared to a country where developed country where things are organized is health insurance, in Nigeria someone with kidney transplant issue requires a Church to raise N12million or so to travel to India but in an organized society someone with kidney transplant issue is only required to present his health insurance document which he pays a premium of N5000 equivalent a month for the same N12 million naira sugery in Nigeria so you see, inflation inflation.

Lack of health infrastructure, poor medical practioners. These things are still available in Nigeria but it takes us to the N40k per day.

Pumps available for sale
All brand new
Single nozzle: 950k
Double nozzle: 1.150m
Location: Lagos

If interested contact olayemijosh219@gmail.com

I am also waiting for how you arrived at Nigeria having the same rate of inflation as Zimbabwe and Venezuela?

TotoNaRubber:
It is an amount that corresponds to the Nigerian inflation system, ofcourse people can survive with N1000 per day but they are more exposed to certain avoidable health hazards in Nigeria, they can't afford to stay away from these hazards due to the state of the Nigerian inflation economy.

One gospel truth about Nigeria compared to a country where things are organized is health insurance, in Nigeria someone with kidney transplant issue requires a Church to raise N12million or so to travel to India but in an organized society someone with kidney transplant issue is only required to present his health insurance document which he pays a premium of N5000 equivalent a month for the same N12 million naira sugery in Nigeria so you see, inflation inflation.

Lack of health infrastructure, poor medical practioners. These things are still available in Nigeria but it takes us to the N40k per day.

healthserve:



I don't Know about spending such amount daily. I don't spend that much daily even on my good days so permission to exempt myself. But 1.2m per month isn't bad. Modern day naija is strange, there are too many dependents so much need for logistics, power, Internet, feeding, security and housing bills, religious bills, medical insurance, educational insurance for kids. Project expenses. For all these 1.2m per month isn't a bad projection Sir, to me personally. This is a standard I placed upon myself personally and work on even currently, and while I don't spend this much monthly, from next year, I've scaled above it s because I placed it as my working guide long before now.

I can very much afford a 40k daily expenses but I'm just wondering what exactly I would be spending on. I eat whatever I can think of eating. I don't lack internet, I always have light 24/7 as I support phcn with solar. Infact, I can't even think of what I'm lacking yet I don't spend upto that 40k daily and I'm seen as very rich. I'm not including paying my employees salaries, though.

Yes, people don't realise these things until they arise, one bad sickness could wipe someone's worth in the Nigerian inflation economy. We keep praying it doesn't happen but unfortunately these things happen sometimes.

Definitely N1.2m is a very good place to be even lower amount is good, we only live once.

healthserve:



I stand with you.. Spot on. Most times while we don't place our fingers on this expenses is because we wait till needs like this kidney transplant arises before we make plans around such needs.


I like to settle with an analysis that 1.2m is good for a comfortable family life in the urban. But then a choice o...

OgogoroFreak:
I can very much afford a 40k daily expenses but I'm just wondering what exactly I would be spending on. I eat whatever I can think of eating. I don't lack internet, I always have light 24/7 as I support phcn with solar. Infact, I can't even think of what I'm lacking yet I don't spend upto that 40k daily. I'm not talking about paying my employees salaries, though.

That 40k perday sounds bogus to my ears. I'm struggling thinking of how to spend it figuratively here. But 1.2m per month isn't bad


Now, let's revisit your daily spendings, the light you say you have with solar covers a partof this expense. After a while those batteries need to be replaced. Maintenance fees also reduces your spendings that you don't almost remember you're spending but not just daily.... Same goes for your service fees like gas, security, Internet. I like to guess you download videos to laff at buzzing trend videos. Now not just the spending but "our lifestyle" if we need to have insurance package for kids whether they have arrived or not and the entire family, car, house, medicals, you'd agree 1.2m isn't inadequate. As aack of this funds should their need arise can be dire


Trust me, many people die in hospitals from lack of funding. The provision and safekeeping of funds for these needs before or rather if ever such need arises is inclusive In this spending projection not just outright spendings sir.

Yes Naija health care is cheaper BUT i will not present myself at the table for any Nigerian doctor to pierce my skin, I know someone who was administered expired drugs in a Nigerian hospital, he choked to death at the hospital, so many cases, people just die for nothing in Naija, the mortality rate in Nigeria is so high (55 years life expectancy in Nigeria and 83 years life expectancy in Japan).

The budget for medical infrastructure is inflated on annual basis but yet nothing is put in place.
The health insurance in Nigeria will not cover certain cases but in developed society with a premiun of N5000 or less a month, anyone who falls from the sky will be treated at no additional cost.

ojesymsym:
You want to start comparing cost of health care in Naija to cost of health in organized society. NAija healthcare is cheaper, it is the quality nthat is low.
Also, for you to have a health insurance that covers kidney transplant you will be at a premium. Most insurance will not touch such situations from what I know

Nigsrdumb:


Sir toto, this issues are the same everywhere, I pay 2600 euro per annum for insurance.

When I woke up this morning to check my car , some random stranger smashed my rear fog lights on my precious Toyota and ripped off part of the bumper.

My insurance does not cover that type of damage, also investigations can take up to a year

My point is that Nigeria is cheaper to live in, it's just very disorganized.

very disoragnised and disgusting

TotoNaRubber:
Yes, people don't realise these things until they arise, once bad sickness could wipe someone's worth in the Nigerian infaltion economy. We keep praying it doesn't happen but unfortunately these things happen sometimes.

Definitely N1.2m is a very good place to be even lower amount is good, we only live once.

I've seen an ex multi millionaire spend millions weekly on chemotherapy. Since the day I laid eyes on that man and learnt his story, since that day I place premium on health insurance


It ruined him to the point he was just about on his last spendings before an intervention occurred. The guy was a Don o. A fvcking industrialist

healthserve:



That 40k perday sounds bogus to my ears. I'm struggling thinking of how to spend it figuratively here. But 1.2m per month isn't bad


Now, let's revisit your daily spendings, the light you say you have with solar covers a partof this expense. After a while those batteries need to be replaced. Maintenance fees also reduces your spendings that you don't almost remember you're spending but not just daily.... Same goes for your service fees like gas, security, Internet. I like to guess you download videos to laff at buzzing trend videos. Now not just the spending but "our lifestyle" if we need to have insurance package for kids whether they have arrived or not and the entire family, car, house, medicals, you'd agree 1.2m isn't inadequate. As aack of this funds should their need arise can be dire


Trust me, many people die in hospitals from lack of funding. The provision and safekeeping of funds for these needs before or rather if ever such need arises is inclusive In this spending projection not just outright spendings sir.

we are here in Nigeria. This your insurance is almost completely out cos this is Nigeria. Now, my solar has been working for 5yrs now, I have never replaced the batteries or work on anything. It's actually far cheaper than burning diesel. I spend just 20k monthly on internet in my house. Honestly, anyway I try to look at it, 1.2m monthly expenses is still high.

OgogoroFreak:
we are here in Nigeria. This your insurance is almost completely out cos this is Nigeria. Now, my solar has been working for 5yrs now, I have never replaced the batteries or work on anything. It's actually far cheaper than burning diesel. I spend just 20k monthly on internet in my house. Honestly, anyway I try to look at it, 1.2m monthly expenses is still high.

I quite agree 1.2 seems almost high but not just spending but on human life needs. Like for example a medical condition needs attention, the lack of savings before hand is what we always see skyrocket with crazy figures. Just to wash an eye ball can cost between 3-7million. In the case of eye problem. Kidney, let's not go there. If one has been making provisions for this expenses before hand, people won't witness crazy bills when need arises. This undocumented expenses and we not saving up for our futuristic needs almost makes it seem exhorbitant. For example a young boy I'm managing needs as an that costs. 1.2m. Only scan o. Lol. Not the comprehensive medical care cost. This is a prime example.


You get my drift?


Let's include dependents too Sir

Nigsrdumb:


That's what I keep telling people, 5.2 million covers everything in Nigeria, that's less than what I pay for my mortgage ,16800 euro per annum.

I haven't added anything else.

You earn in dollars not in naira

So why such inapt comparison?

nawao

Wanity:



I wanted to insult but I won't just to avoid ban.

What point are you trying to make

Is none of your business how he spend his income.

He clearly make a statement about himself not you or the low income Nigerians as you

I don't know what you people gain from pushing politics where is not relevant or mentioned

Who is this imbeci.le?

Insult him naa. Instead of making your points, if any with ratiocination, you are threatening with insults; as if you will be awarded afterwards.

Ahiboilandgas is the best contributor here. And an astute business man, wealthy too.
You dolt may be using free mode on a symbian phone to threaten with insults.

Fucck off. Dimwit.

contumely2:


Who is this slowpoke?

Insult him naa.

Ahib is the best contributor here.

Fucck off. Dimwit.

My belle o

partnerbizn5:


You earn in dollars not in naira

So why such inapt comparison?

nawao

Earn in euros spend in euros , so my life is not necessarily more better than a Nigerian with a proportionally lower income. In fact you will have a better life in Nigeria on half of what I earn.

My sister who earns much lower than me in naira has a property, building a second one. They have a driver, house help, security guard and stand by generator.

She's living the life only a millionaire in Europe can dream off on a much lower salary than mine.

2600 is quite high, at some point it could go down with no claims and experience, a lot of people pay 500 - 800 euro on insurance annually.

Did you take third party insurance, where you live too is taken into acc. Most insurance don't cover all but there are additional insurance providers like Banks, it will cost a bit more and may not be worth it.

You are right, Nigeria is really very disorganized, these insurance worked well in the 80s but now it is very hard to deal with. I see what you mean by Nigeria is cheaper, i would say on short term basis, things are really out of hand. You have to budget twice the amount for everything, there is no guarantee the labourer you employed will do the right job, you pay again for the same service, there is serious inflation and then the inflation culture.

Nigsrdumb:


Sir toto, this issues are the same everywhere, I pay 2600 euro per annum for insurance.

When I woke up this morning to check my car , some random stranger smashed my rear fog lights on my precious Toyota and ripped off part of the bumper.

My insurance does not cover that type of damage, also investigations can take up to a year

My point is that Nigeria is cheaper to live in, it's just very disorganized.

Thisnut:
na every year you dey buy car for 5m?


pointless argument. Cost of living has nothing to do with inflation. Go live for mahanthan, san francisco,( USA) Paris,( France) or seoul (south Korea) wey them get good economy, then you know that you argument will only hold ground in a beer parlor

Aswear, I have a friend a software engineer in Qatar earning about 1m yet he is seen as broke in that country. Can someone earning 1m monthly be called broke in Nigeria?

In usa you need at least $150(₦55,000) to hookup an average girl but here in Nigeria I was shocked when a very Clean chic on tinder demanded just 10k for a night.

TotoNaRubber:
2600 is quite high, at some point it could go down with no claims and experience, a lot of people pay 500 - 800 euro on insurance anually.

Did you take third party insurance, where you live too is taken into acc. Most insurance don't cover all but there are additional insurance providers like Banks, it will cost a bit more and may not be worth it.

You are right, Nigeria is really very disorganized, these insurance worked well in the 80s but now it is very hard to deal with. I see what you mean by Nigeria is cheaper, i would say on short term basis, things are really out of hand. You have to budget twice the amount for everything, there is no guarantee the labourer you employed will do the right job, you pay again for the same service, there is serious inflation and then the inflation culture.

I have ten years no claims but also 3 points on my license for speeding. In general insurance is going up .

It's not what one should earn to be Considered rich. That's a flawed logic. It's what one should earn or desire to to stay afloat and live comfortably in modern urban regions in the country. This is the perspective o

40k a day is 1.2m a month. make we fear God. a 4 litre custard container soup with all brand of protein is 7k and cheaper. that can take some days. a bag of rice that last minimum of 3 months is 23k, tuber of yam is about 700, fueling my car is even what takes money as i stroll a lot. if you have 1.2m to spend in a month then you have no biz with power holding. i used 5k unit for over 8months and still using the 2k i loaded after that. my solar ba3 has been serving for 5 years now. dstv is 12k monthly and some times its 7k. data depends on need to track rates an other biz interest that will never exceed 3k in a month. 200k on drinks in a month. i am comfortable, dont come define my comfort for me, now how is that 1.2m. what else do you do with money?

Barrytone:
40k a day is 1.2m a month. make we fear God. a 4 litre custard container soup with all brand of protein is 7k and cheaper. that can take some days. a bag of rice that last minimum of 3 months is 23k, tuber of yam is about 700, fueling my car is even what takes money as i stroll a lot. if you have 1.2m to spend in a month then you have no biz with power holding. i used 5k unit for over 8months and still using the 2k i loaded after that. my solar ba3 has been serving for 5 years now. dstv is 12k monthly and some times its 7k. data depends on need to track rates an other biz interest that will never exceed 3k in a month. 200k on drinks in a month. i am comfortable, dont come define my comfort for me, now how is that 1.2m. what else do you do with money?

I like how you package that custard container soup. Anyway its quite on the high. But I feel like gisting. The soup part only o.. ten soup cooking per month, at an estimated 10k per cooking, that's 100k monthly on just soup. Nice

healthserve:



I like how you package that custard container soup. Anyway its quite on the high. But I feel like gisting. The soup part only o.. ten soup cooking per month, at an estimated 10k per cooking, that's 100k monthly on just soup. Nice

100k soup monthly? Na soup he come life to chop ni