NewStats: 3,259,426 , 8,170,062 topics. Date: Saturday, 24 May 2025 at 10:56 PM i38l6z3e3g |
Why's Nigeria So Cheap (3845 Views)
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Niceguy06: 3:56pm On Feb 11, 2023 |
Basically, everything is fucking cheap in Nigeria relative to other countries, especially the western countries I have been to. The rent I used to pay in the US for a month will literally buy two acres of land in Lagos, and the amount I spend on food when I went to the US is enough to last me for the whole year in Nigeria if I spend extravagantly. This is what I noticed over time. Is it because wages and salary are not that great in Nigeria or there are other reasons to This?
2 Likes 1 Share |
fortunateme: 4:08pm On Feb 11, 2023 |
Niceguy06:Do you earn in naira? If no then you have no right to call or God cheap Compare our cost of living to minimum wage. Quality of life here to that ur Us. Please don't poke us. 15 Likes |
olasaad(f): 4:14pm On Feb 11, 2023 |
Niceguy06: Yes 2 Likes |
ednut1(m): 5:03pm On Feb 11, 2023 |
There are over 133m Nigerians living in poverty . If Nigeria was cheap to them they wont be poor. Stop comparing apples to oranges
21 Likes |
Geo4646: 5:42pm On Feb 11, 2023 |
Niceguy06: Seeking attention, hunger never catch dis one b4. no be acres of land, nah d whole Nigeria u for buy. Mumu 19 Likes |
Niceguy06: 5:50pm On Feb 11, 2023 |
ednut1: I was only saying my own reality. Have the damn ball to talk about your own reality 4 Likes 1 Share |
Mindlog: 5:51pm On Feb 11, 2023 |
Niceguy06: How much are you paying in monthly rent in the US, that can buy acres of Lagos?...Wake up! 4 Likes |
Niceguy06: 5:52pm On Feb 11, 2023 |
fortunateme:But the cost of living is too low in Nigeria. The lowest I've seen so far across The world. It's like everytime comes to us too cheap and high quality. What others pay for through their nose, we get it for free. We thank God for this, cuz it can only be God 8 Likes 1 Share |
Niceguy06: 5:52pm On Feb 11, 2023 |
Mindlog: I was paying $2750 in Phoenix back then 1 Like |
Niceguy06: 5:53pm On Feb 11, 2023 |
Geo4646: Ok. |
fortunateme: 5:59pm On Feb 11, 2023 |
Niceguy06:Ok. Those countries you've been to what is their minimum wage? About 5times ours. Do we have same purchasing power? No. Goods are cheap here because of low cost of production (labour) Almost all labourers are paid below what their counterpart abroad earn. If cost where to be adjusted to suit the average minimum wage in the US, price will almost at power with the US. You only enjoy 9ja of you earn in dollars and spend here. 6 Likes |
Mindlog: 6:00pm On Feb 11, 2023 |
Niceguy06: And that can not even buy a half plot of land in some low end neighbourhoods in Lagos!🤣🤣🤣🤣 8 Likes |
franchasng: 6:21pm On Feb 11, 2023 |
Mindlog:It cannot buy quarter plot in Owerri ![]() 3 Likes |
franchasng: 6:23pm On Feb 11, 2023 |
Niceguy06:This is equivalent to 1 year rent for a Duplex in some areas on Lagos Mainland and like 1 year rent for a 3bed flat in some estates in Lekki phase 1, its not even enough for an agent fee to buy half plot of land in most developed parts of Lagos Mainland ![]() 3 Likes 1 Share |
Niceguy06: 6:35pm On Feb 11, 2023 |
fortunateme: How's the minimum wage in US 5* of Nigeria? Of what standard or measure did u gauge this on? Y'all say what you have no idea on |
Niceguy06: 6:37pm On Feb 11, 2023 |
franchasng: $33,000 for one year of rent while I was an expat in Phoenix AZ. Excluding utilities and other bills like electricity. What can $33,000 do in Nigeria? It can't still buy land in Lagos? |
fortunateme: 6:39pm On Feb 11, 2023 |
Niceguy06: What is the minimum wage in the state you reside? Compare it to Nigeria's 30k and show us the difference. Average minimum wage in New York is 14$ multiple this by 8hrs a day=112 Multiply by 5 days a week=560 Multiply by 4 =2240$ a month. Multiply this by exchange rate of 450= roughly 1m naira. It will take a 9ja minimum wage wage worker at least 33 months to earn what his counterpart in NY earns in a month. Please don't provoke me again oh. 11 Likes |
Niceguy06: 6:45pm On Feb 11, 2023 |
fortunateme: I don't know what the minimum wage is now cus I left. But as at last year when I was there, the minimum wage in AZ was about 12bucks per hr. 1 Like |
franchasng: 6:50pm On Feb 11, 2023 |
Niceguy06:$33,000 at black market exchange rate can sure buy a plot of land in some areas on the Lagos Mainland (excluding Ikeja, Ajao, Ago Palace, Oshodi, Gbagada, Surulere, Anthony, Ilupeju, Isolo, Amuwo, Festac, Satelite Town, Mile 2, Apapa, etc) but can never buy you a government documented land on Lagos Island reas like; Lekki phase 1 and 2, Ajah. Maybe from anywhere after Lagos Business School down to Epe you can buy 1 plot to 5 plots with it. |
fortunateme: 6:51pm On Feb 11, 2023 |
Niceguy06: Please read my update above. |
fortunateme: 7:03pm On Feb 11, 2023 |
Niceguy06:Sorry, my bad. US minimum wage is about 33 times more than ours. Using NY average of $14 |
Niceguy06: 7:06pm On Feb 11, 2023 |
fortunateme: LoL. And the cost of gas, housing, food, electricity, water, and taxes in the US is the same as nigeria? You people compare shits without knowledge. The cost of electricity in a month in the US is enough to power an average home with electricity for two years. But then, everything to ridicule Nigeria is fine and welcome as long as it put nigeria in a bad light 3 Likes |
Juoflife1(f): 7:17pm On Feb 11, 2023 |
Nigeria is not cheap pls
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fortunateme: 8:18pm On Feb 11, 2023 |
Niceguy06:@bold You people created the topic without knowledge of comparative study. 2 Likes |
Niceguy06: 8:23pm On Feb 11, 2023 |
fortunateme: Ok. Expected you'll resort to that. Nigerians and dumb comparison. |
Niceguy06: 8:24pm On Feb 11, 2023 |
Juoflife1: Cheaper than at least 80% of all the countries of the world combined. The only problem I have with Nigeria is insecurities, otherwise, Nigeria is good, at least to me and my family 2 Likes |
fortunateme: 8:36pm On Feb 11, 2023 |
Niceguy06:Resort to what? To what you just did. I quoted you almost verbatim. Again, Nigerians with dumb comparison. You want to compare the prices of good here with US with our comparing the purchasing power? 1 Like |
Blingchic(f): 9:54pm On Feb 11, 2023 |
You guys really have time to be engaging a troll 🚶🏾♀️🚶🏾♀️
2 Likes |
Chasemaduka: 10:16pm On Feb 11, 2023 |
this calculation is so wrong. minimum wages in a month in nigeria is #30,000 ($40) in the US is $7.25 per hour. fortunateme: |
Chasemaduka: 10:19pm On Feb 11, 2023 |
if you are seeking attention, look for a girl to give it to you. dont be stupid. nigeria one of the most expensive country to live in the world. minimum wages in a month in nigeria is #30,000 ($40) in the US is $7.25 per hour. try dey get sense. Niceguy06: 2 Likes 1 Share |
Niceguy06: 10:31pm On Feb 11, 2023 |
Chasemaduka: Can you see how confused you are? Is the price of food, housing, gas, bills the same for both countries? Seriously, Nigerians have it way too easy, since everything is free. Education; free. Food; cheap. That's why her youth don't know how to give thanks. Had it been we have it rough like most countries, you'll know whatsup |
Niceguy06: 10:55pm On Feb 11, 2023 |
Chasemaduka: Like I said, ignorance is affecting Nigerians. Y'all have never even been to the airport before.
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