NewStats: 3,259,553 , 8,170,485 topics. Date: Sunday, 25 May 2025 at 02:37 PM 502628

JasonNOTStatham:
A bit tricky question. If one earns in dollars, a lower USD means the value of their portfolio and assets (in USD) will drop significantly. A higher USD value regardless of inflation or high cost, keeps it in range.

The thing is the percentage rise isn't balanced with current economic impact. Earning $1000 around ₦200 per USD would buy you one laptop in 2015, whilst earning $1000 now at over 1500 would buy you more laptops.

Laptops are dollar referenced. The cost of a laptop in USD is not any cheaper now than it was in 2015. It is our earnings in NGN (as with 99.99 % of Nigerians) that was eroded.

The cost of a laptop in USD did not reduce between 2105 and now.

If right or wrong was on a scale, your statement couldn't be more wrong.

Which factory produces Nigerian politicians, sef?

malvisguy212:
oga. in 2015. no be only Nigeria currency fall, others countries own fall too. but they maintain the statue quo up till today. Nigeria on the other hand, ours just dey rise.

I agree with you, even those that fell didn't have this high impact. With the current value and the current economic situation, don't you think USD is higher than expected?

Zxcvbnmghtr:

I feel that a particular region have not stopped making reference to Jonathan's government because it favoured them.

Since afterwards, they have been crying of hunger because their sustainance was tied around the man who left power around 2015.

Only fools liked this useless comment.

Nah scan

lexy2014:


What was the price of laptop in 2015 and what is the price today?

Has the price of laptop decreased since 2015?

200K can get you a laptop in 2015, 1.5M will get you more laptops with inflated price (each).

2015 election: the election that taught me Nigerians are easy to deceive, not that smart, and they don't take political history seriously and properly analyse it.

If you ever bought into the promises of change put forward by APC, you were either naive or just plain stupid.

JasonNOTStatham:
A bit tricky question. If one earns in dollars, a lower USD means the value of their portfolio and assets (in USD) will drop significantly. A higher USD value regardless of inflation or high cost, keeps it in range.

The thing is the percentage rise isn't balanced with current economic impact. Earning $1000 around ₦200 per USD would buy you one laptop in 2015, whilst earning $1000 now at over 1500 would buy you more laptops.

That's not true.
$1000 is $1000 when you're buying exclusively imported items like laptop.

beejaay:


you are lying bros.. in 2015 with $1 to 200Naira, you can get a brand new latpop for 120k(around 350 to 500$), 150kk and maximum at around 180k for medium end laptop but today ordinary used laptop goes for 250k to 300k.. the cost of new laptop today with the same spec with you can get around 2015 is still aroun 350$ to 500$.. so sayin you get plenty laptop with a $1k is a lie at best....

200K is enough to buy a laptop in 2015 like I mentioned. However, even with inflated prices you can buy more laptops on 1500 to $1 exchange... this is why I said the current value isn't matching the economic trend.

A beg make una go rest! How many times will this nonsense be posted?

zoomzoom:
...

It is terrible at this point, the I data of Nigeria + unemployment rate and GDP year over year speaks negatively and poor economic situation.

They were asking if it was ok or should they increase it.
Now they have succeeded in answering the question for us in the way it will please them

princetom1:


It's sad we gat people like u on this forum who are either very mischievous or plain stvpid

I didn't insult you, if you read properly my response says it is a tricky question and I redirect it to a different POV... have a nice day

JasonNOTStatham:
200K is enough to buy a laptop in 2015 like I mentioned. However, even with inflated prices you can buy more laptops on 1500 to $1 exchange... this is why I said the current value isn't matching the economic trend.

which more laptop do u want to buy with $1k.. if you are saying used laptop fine and that same 200k to $1k can buy atleast 3 used latops in 2015...new laptop prices only increased marginally between 2015 and now ranging from 350$ to 500$ and macbook aound 1k$ and more...
go to jumia and google for new laptop prices and compare it with new laptop prices of 2015, then convert to dollars and see that there is no much differences...

Zxcvbnmghtr:

I feel that a particular region have not stopped making reference to Jonathan's government because it favoured them.

Since afterwards, they have been crying of hunger because their sustainance was tied around the man who left power around 2015.

Stupid comment .

Abba190

JasonNOTStatham:
I didn't insult you, if you read properly my response says it is a tricky question and I redirect it to a different POV... have a nice day

He won't get it just like abba190

Funkyswagzz:


Most of these guys trolling on nairaland are not living in Nigeria

oh i get it now.. they want he country to burn and our naira fall more so they can have their dollars or pound make more meaning locally...they are the true enemies of the countries and sadly most dnt see it...

What I feel is that APC was trying to tell us that N216 was not okay. That it was tooo low.

Zxcvbnmghtr:

I feel that a particular region have not stopped making reference to Jonathan's government because it favoured them.

Since afterwards, they have been crying of hunger because their sustainance was tied around the man who left power around 2015.

You guys are the ones wailing everyday, creating one thread after the other

beejaay:


which more laptop do u want to buy with $1k.. if you are saying used laptop fine and that same 200k to $1k can buy atleast 3 used latops in 2015...new laptop prices only increased marginally between 2015 and now ranging from 350$ to 500$ and macbook aound 1k$ and more...
go to jumia and google for new laptop prices and compare it with new laptop prices of 2015, then convert to dollars and see that there is no much differences...

USD price didn't fall like naira, very much likely the price will be in range for purchases at$350-$500 per laptop. What I meant is current USD earners are spending more and hold their balance compared to naira earners. will get more value earning USD for similar job in Nigeria.

Elxandre:

That's not true.
$1000 is $1000 when you're buying exclusively imported items like laptop.

half a million naira can get a laptop today, it all depends on specifications and brand. You can buy USD to keep the value constant or buy in naira.

Zxcvbnmghtr:

I feel that a particular region have not stopped making reference to Jonathan's government because it favoured them.

Since afterwards, they have been crying of hunger because their sustainance was tied around the man who left power around 2015.

Do you now see the reasons why hunger would kill you

gidgiddy:
As part of its campaign strategy in 2015, APC asked Nigerians a simple question.

Is N216 To $1 Okay?

APC was outraged that Naira had fallen to N216 to a Dollar. Many APC ers said this alone was enough to kick out Jonathan since Naira had never been this low

Today, after almost 10 years of APC, a Dollar is now N1,500

How do you feel about the question APC asked in 2015?

I feel like carrying Koboko walking on the road and start flogging anything APC especially the two scammers in that poster.

Yoruba and Hausas don't follow history line to vote rather they follow religion and tribalism to bid their most especially when an IGBO man is in the Frontline.....

NIGERIA could have been a better place but once Fulani took it and now handed it over to Yoruba Muslims.....

History should tel us we have a long way to go before fresh air can reach Nigeria again....

Is not rocket science but # FACTS #
God bless our darling daddy
God bless our darling mummy
God bless Nigeria

Zxcvbnmghtr:

I feel that a particular region have not stopped making reference to Jonathan's government because it favoured them.

Since afterwards, they have been crying of hunger because their sustainance was tied around the man who left power around 2015.

Intellectual sense is what you lack as you're mentally handicapped and this affects your reasoning capabilities.

Zxcvbnmghtr:

I feel that a particular region have not stopped making reference to Jonathan's government because it favoured them.

Since afterwards, they have been crying of hunger because their sustainance was tied around the man who left power around 2015.

The post asked a simple question.

Like I tell everyone, the internet does a perfect job diagnosing people with chronic mental and psychological handicap than any orthodox therapy will ever do

JasonNOTStatham:
USD price didn't fall like naira, very much likely the price will be in range for purchases at$350-$500 per laptop. What I meant is current USD earners are spending more and hold their balance compared to naira earners. will get more value earning USD for similar job in Nigeria.

half a million naira can get a laptop today, it all depends on specifications and brand. You can buy USD to keep the value constant or buy in naira.

My point is $1000 In 2015 will buy roughly same value of laptop in 2024.
Exoensive laptops then we're often not up to 200k while u need nearly 2m now for same grade.

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gidgiddy:
As part of its campaign strategy in 2015, APC asked Nigerians a simple question.

Is N216 To $1 Okay?

APC was outraged that Naira had fallen to N216 to a Dollar. Many APC ers said this alone was enough to kick out Jonathan since Naira had never been this low

We are deceiving ourselves in this country. In a sane country, Tinubu should have been impeached
Today, after almost 10 years of APC, a Dollar is now N1,500

How do you feel about the question APC asked in 2015?

JasonNOTStatham:
A bit tricky question. If one earns in dollars, a lower USD means the value of their portfolio and assets (in USD) will drop significantly. A higher USD value regardless of inflation or high cost, keeps it in range.

The thing is the percentage rise isn't balanced with current economic impact. Earning $1000 around ₦200 per USD would buy you one laptop in 2015, whilst earning $1000 now at over 1500 would buy you more laptops.

This isn't true, if iPhone cost $700 in 2015, I only need 140k in Naira. Now same, phone same price will cost me over 1 million Naira.
Laptops are imported mostly in USD.
Your analogy will or should only affect locally sourced items.

gidgiddy:
As part of its campaign strategy in 2015, APC asked Nigerians a simple question.

Is N216 To $1 Okay?

APC was outraged that Naira had fallen to N216 to a Dollar. Many APC ers said this alone was enough to kick out Jonathan since Naira had never been this low

Today, after almost 10 years of APC, a Dollar is now N1,500

How do you feel about the question APC asked in 2015?

And it was an exaggeration.
N216 was an inflated, fake black market rate. It was N200 to $1 at worst (and we could use a debit naira card but only pay, not receive).

JasonNOTStatham:
A bit tricky question. If one earns in dollars, a lower USD means the value of their portfolio and assets (in USD) will drop significantly. A higher USD value regardless of inflation or high cost, keeps it in range.

The thing is the percentage rise isn't balanced with current economic impact. Earning $1000 around ₦200 per USD would buy you one laptop in 2015, whilst earning $1000 now at over 1500 would buy you more laptops.

We're in Nigeria, over 95% of the population are not earning in dollar. So, your analysis is useless

gidgiddy:
As part of its campaign strategy in 2015, APC asked Nigerians a simple question.

Is N216 To $1 Okay?

APC was outraged that Naira had fallen to N216 to a Dollar. Many APC ers said this alone was enough to kick out Jonathan since Naira had never been this low

Today, after almost 10 years of APC, a Dollar is now N1,500

How do you feel about the question APC asked in 2015?

If you don't go and concentrate on your life, you may likely beg for food like those before you