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Letter From Tai Solarin About Hardship In 1983 (24795 Views)
Smartcitizen: 7:59pm On Aug 03, 2024 |
PandoraObi: And wicked government ers has always been ing them from the beginning till today. 2 Likes |
Cindypresh(f): 8:00pm On Aug 03, 2024 |
Okoroawusa:. Rie nsi 1 Like |
Rilwayne001: 8:01pm On Aug 03, 2024 |
Slimvincent: Mumu, so getting 200 back in the days was as easy as it is today Abi? ![]() ![]() 4 Likes |
Eaglesence: 8:02pm On Aug 03, 2024 |
Engrjamjam: "Them" like say you ain't part of the suffering.. monkey like your type no dey town ![]() 1 Like |
crossbreedwears(m): 8:02pm On Aug 03, 2024 |
We had two different government in 1983
Cindypresh: |
bluefilm: 8:03pm On Aug 03, 2024 |
easzypeaszy: It's not a curse It's a very famous quote by the man Tai Solarin himself 4 Likes |
adeniyi65(m): 8:04pm On Aug 03, 2024 |
Slimvincent:A good deal!? Do you bother to search the average salary of that time? 2 Likes |
kayttah(m): 8:06pm On Aug 03, 2024 |
lmao... go check the meaning of the phrase "may your road be rough"
easzypeaszy: 3 Likes |
Panda7(m): 8:06pm On Aug 03, 2024 |
I when there was trade by batter, you must have had an equivalent to exchange for something and that brought the mathematics of equation, measuring two equations termed “b” and “a” or “y” and “x” to equate the midpoint of -1, in this instances, take for example what you would describe your students on the economic scales of needs and wants, goods and services, demands and supplies. Your answer must have been the results of the mathematics you are not keeping as the head of academics called the principle of ing of cr and dr
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adeniyi65(m): 8:06pm On Aug 03, 2024 |
brain54:Like the way he brake the news also. Every parent would see the school dedication been fluctuate by then economy situation. 1 Like 1 Share |
Okoroawusa: 8:06pm On Aug 03, 2024 |
Cindypresh:Tajue nsi afo 1 Like 1 Share |
MerchantMNT: 8:17pm On Aug 03, 2024 |
easzypeaszy: That was Tai Solarin's saying. He was known to tell his students that. 4 Likes |
Komu1048(m): 8:18pm On Aug 03, 2024 |
BeardedMeat: And what has change. We need to be wise and be more involve in politics |
Wrackcityoffici: 8:20pm On Aug 03, 2024 |
nlfpmod: This is way different, a school complaining about feeding 2300 children daily… school owners in this days can’t feed their own family bare to think of feeding a whole 2300 children? 1 Like |
PDPdestroyer(m): 8:21pm On Aug 03, 2024 |
gentleguy1975:Leave all these GenZ with empty brains 3 Likes |
Henryfocoyo(m): 8:23pm On Aug 03, 2024 |
Adabilaal:bro what's the best coin to buy now Thanks |
EXPRESSSMAN(m): 8:23pm On Aug 03, 2024 |
finallybusy: There was. In schools this period, we could do some handcraf like broom or basket and sell it up to 10 kobo. With this amount, you can afford a lot of things as a student. Sardines was like 2 kobo, soft drinks the same. You can flex with your 10 kobo for over a week as a student. 1 Like |
ganilas007: 8:26pm On Aug 03, 2024 |
What i know is no be today hunger don Dey land. When bag of rice of 3,500 millions of Nigerians could not afford it. They only buy derica on Sundays alone and they are average people poor parent can’t dare to buy it.
2 Likes |
minasu190: 8:26pm On Aug 03, 2024 |
EyeCumInPiss:Sense no go kill you ![]() |
Konquest: 8:31pm On Aug 03, 2024 |
nlfpmod:Absolutely! For folks like me who were blessed to be alive in that year, 1983 was indeed like the iconic British Royal Air force pilot and educationist, Dr. Tai Solarin said. This was primarily due to the increase in interest rates to tame inflation in the early 1980s by the United States which led to the massive devaluation of the local currencies of many countries around the world including Nigeria and South American countries which were heavily impacted thereby leading to global inflation. Dr. Tai Solarin was a pilot in the British Royal Air force during the 2nd World War due to the fact that he was in England for further studies at that time. He returned to Nigeria with his British wife Sheila Solarin, OBE, and founded the Mayflower School in his home town of Ikenne in Ogun State. The boxing heavy weight champion Anthony Joshua's Irish paternal grandmother who was a UK-trained nurse also worked at Mayflower School. 1 Like 1 Share |
adonainana: 8:33pm On Aug 03, 2024 |
EyeCumInPiss: To add a bit of economic context Dollars rate to the naira in 1983 was 0.765 so a bag of beans being sold for 200 naira was exactly $261 dollars (200naira / 0.765) back in 1983. Today bag of the same beans is 100,000 naira and the exchange rate is $1 - 1600 naira . Which works out as 100,000 naira divided by 1600 which is 62 dollars In real economic , the hardship in 1983 was 5 times worse than the one we are experiencing now According to the principal of the school letter a bag of beans sold for $261 dollars then. It sells for 62 dollars now Also historically speaking just the way 1983- 1985 and life eventually got better after This time too in 2024 shall . No country can experience inflation forever Have faith Shalom 4 Likes 1 Share |
RepoMan007: 8:36pm On Aug 03, 2024 |
EyeCumInPiss:lol. 250k actually. |
GindoX(m): 8:37pm On Aug 03, 2024 |
Zwooks: Yes, may his way be rough |
Tackle247: 8:41pm On Aug 03, 2024 |
EyeCumInPiss:This shows Nigeria is always hard from time immemorial and the future is always in geometric rise in prices |
Engrjamjam: 8:42pm On Aug 03, 2024 |
Eaglesence:Cc Nlfpmod Mynd44 Lalasticlala seun Mynd44 Rule broken 1 Like |
Adabilaal: 8:43pm On Aug 03, 2024 |
Henryfocoyo: Get my , let talk on Whatsapp https://nairaland.unblockandhide.com/8161972/country-whatsapp-number-starting-3000 |
Konquest: 8:44pm On Aug 03, 2024 |
adonainana:Succinctly stated. Life was cool and memorable in the early 1980s for some of us who were alive to witness the sequence of events as of 1983 tbh. The increase in interest rates back in the early 1980s in order to tame hyperinflation on the domestic scene by the United States led to a massive devaluation of several local currencies and countries had to pay higher interest rates on IMF loans and more with some countries defaulting. So, that global economic contagion existed as of 1983 and this led to a military coup that led to Gen. Buhari becoming the Head-of-State. IBB and other officers led that coup and Gen. Buhari was only summoned from Jos to take over from former President Shehu Shagari because he did not fully partake in the coup plot. 1 Like 1 Share |
aremubabs: 8:49pm On Aug 03, 2024 |
Cindypresh: The letter was dated November. Buhari became head of state in December. So, how did Buhari cause the hardship? I have told people that the worst president ever is Shehu Shagari imposed on Nigerians by Obasanjo. Under Shehu Shagari, our local markets disappeared as foreign goods flooded our markets. Since then, we have remained lovers of foreign goods. This began the destruction of the value of our naira. 2 Likes 1 Share |
Deepspirituals: 8:51pm On Aug 03, 2024 |
Engrjamjam:Yes oooo , Many Baba Basira , Iya Basira , Iya Jimoh are just going around begging for food saying Ebi Npa waoooo .. what a shame . |
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