gigfx:
I sold my house and everything to Japa and I am not regretting it. Thanks to my wife that have good foresight. I know how much I pay on school fees alone in Nigeria while here school is free for my kids, I only pay for food £12 per week.

While in Nigeria before the month end like this, I am already looking for who to borrow money from to fuel car to go to work.

Within 6 months I know how much I don safe here in the UK despite working part time oo because of the kids, If I wan build another house for Nigeria I can do it but I won't.

For you to know how terrible things are in Nigeria, if I tell my 5 years old daughter that we are going back to Nigeria. She will start begging me that daddy no oo am not going I like it here.

ceejayluv:

The economy is sinking And people's standard of living is dropping by the Day. That is a poverty trend.
Years back, someone earning 200k a month could buy a new fridge, New Gen and still have enough to feed the family with that month's income. Now, that salary can't even buy an average Gen And feeding Will easily take More than half of that pay. We're humans, if there's anything we're good at, it's having the foresight to escape potential starvation.

BreconHills:


You raise a point that leads to the question what is poverty? For many people poverty is the inability to live well. But this is not the true definition of poverty. Poverty is a state where you are unable to have the very basics of life. A roof however small, meals that sustain motion and energy however tasteless and education for children or yourself no matter how basic .
If we apply this definition, the poverty numbers will reduce sharply.

nony43:
All I can say is if you voted and supported Buhari and Ebola Tinubu and planned to Japaa your Visa will will be denied in the mighty name of Jesus. Stay and enjoy the sheer prosperity of Nigeria.


All through Buhari’s 8 years BAT never criticised any of his wrong economic policies that landed us to be the poverty capital of the world because of his personal interests. Now Buhari is out some of his Cabinet members are saying Buhari messed up a lot of things and made Nigeria Bankrupt. Una just de wake up.

ceejayluv:

So you mean we're more populated that the USA?

coputa:
80 percent of Nigerians cannot afford the basics of life vide; housing, clothing and food, Nigerians live in shanties,they virtually feed from the bin, Nigeria is the dumping ground for used clothes.How else can someone define poverty

oluwaseyi0:
People actually have money especially in southern Nigeria, I mean average Nigerians

I discovered this during the MMM saga, they may not be millionaire but they have something

Forget what you see online

Even most people on nairaland if you kidnap them it will shock you that 2 million minimum will come out in 1 month or so

Villa12:
business in which country?

Princewill1:
One major problem in Nigerian is the Herd Mentality syndrome.

Once you start up any trend in Nigeria that promises to bring in fortune. The rest of the population will blindly and quickly jump into it without applying due diligence. Check Pos business, Content creation, MMM etc other African countries don't behave this way.

Those that will lose on this trend are the ones who have something meaningful doing in Nigeria and those who sold solid properties to Japa.

Hardship is everywhere, it's only dvmb people that doesn't know this.

BreconHills:


You raise a point that leads to the question what is poverty? For many people poverty is the inability to live well. But this is not the true definition of poverty. Poverty is a state where you are unable to have the very basics of life. A roof however small, meals that sustain motion and energy however tasteless and education for children or yourself no matter how basic .
If we apply this definition, the poverty numbers will reduce sharply.

Trueigbo:
People sell their investments to travel while those abroad are sending money to invest in Nigeria.

The paradox of life

nony43:
All I can say is if you voted and supported Buhari and Ebola Tinubu and planned to Japaa your Visa will will be denied in the mighty name of Jesus. Stay and enjoy the sheer prosperity of Nigeria.


All through Buhari’s 8 years BAT never criticised any of his wrong economic policies that landed us to be the poverty capital of the world because of his personal interests. Now Buhari is out some of his Cabinet members are saying Buhari messed up a lot of things and made Nigeria Bankrupt. Una just de wake up.

iHateFraudsters:


And how was the landed properties acquired?

BlackhatMentor:
It's not.

One whole large family usually comes together then donate money to push someone out to bring the bag

gaskiyamagana:

Although I am for TINUBU, l love your 2nd paragraph comment. Do you think you will not do the same if you are TINUBU and you are eyeing that position?
To your 1st paragraph, in the name of Amodia, Sango, Ogun and Jesus (of yours), my japa Visa to Canada will be obtained before yours, Ameen, Amen, Aasee.

Helpfromabove1:
Some or many na gbese, loan , fake POF and many illegal traveling rules

youngrichnigga:
So many government sponsored posts and posters on NL these days; I wonder if the OP knows that so many people took him interest loans that they're paying back from diaspora just to leave the country and most likely be able to give their children and next generations a break in life.
If you still have a bit of your morals, you'll know that virtually every sector of Nigeria is riddled with multidimensional corruption etc which renders hardwork unrecognized; every teen now only wants to be a celebrity and hardwork is not encouraged.
This is my opinion

Blitzking:
pos business was a gold mine...content creation na wetin dey rain now with your high end smart phone just enter street dey do all sort of things u Don turn content creator or dey ur room or palour dey talk about dick....bresss assess...gbolla etc u go dey get 2k view or dey flip bottles with a platter of meat dey video am post..

gigfx:
I sold my house and everything to Japa and I am not regretting it. Thanks to my wife that have good foresight. I know how much I pay on school fees alone in Nigeria while here school is free for my kids, I only pay for food £12 per week.

While in Nigeria before the month end like this, I am already looking for who to borrow money from to fuel car to go to work.

Within 6 months I know how much I don safe here in the UK despite working part time oo because of the kids, If I wan build another house for Nigeria I can do it but I won't.

For you to know how terrible things are in Nigeria, if I tell my 5 years old daughter that we are going back to Nigeria. She will start begging me that daddy no oo am not going I like it here.

oluwaseyi0:
People actually have money especially in southern Nigeria, I mean average Nigerians

I discovered this during the MMM saga, they may not be millionaire but they have something

Forget what you see online

Even most people on nairaland if you kidnap them it will shock you that 2 million minimum will come out in 1 month or so

Lukepeter:

Thank you for this, I don't understand the unnecessary belittling of hustle that is paying by Nigerians. Since you feel sai we can't create something outstanding, omoh make you run am naw, nobody hold you.

bjtinz:


That may be true, but the sake of international comparisons, a standard of at least $2/day, which is about N2/day or N60k/ month. Considering our min wage is still half that amount may provide some insight as to why our figures are so high.

So truth is a lot of persons who may not consider themselves poor are actually so, going by international standards.

Agreed. The world bank estimates the number of people living in poverty in Nigeria at 37% which does seem low to me. But we have a large informal sector and our family ties as tired as they are still sometimes protect family members in the worst of situations.

But again looking at it critically, can 60k/month give one a decent life, considering the current realities??

SaintUlot:
With the rate at which Nigerians are leaving Nigeria, you will think with N50k you can japa from that country. Every Tom, Dick and Harry have left, the remaining ones are just waiting to buy their flight ticket.

I doubt if we still have up to 1 million people left in Nigeria at this time. So where is that multidimensional poverty statistics coming from? If almost everybody can afford the cost of Japa that doesn't come cheap. This makes me to come to the conclusion that, Nigerians might not have money in their bank account, but majority have tangible assets that can be easily converted to cash if the need arises.

Villa12:
Lol

You're for Tinubu and you want to Japa? What a life

Villa12:
Most average Nigerians cannot even afford to feed

gaskiyamagana:

When Man U no do well again, make one no commot dey for Arsenal?

SaintUlot:
With the rate at which Nigerians are leaving Nigeria, you will think with N50k you can japa from that country. Every Tom, Dick and Harry have left, the remaining ones are just waiting to buy their flight ticket.

I doubt if we still have up to 1 million people left in Nigeria at this time. So where is that multidimensional poverty statistics coming from? If almost everybody can afford the cost of Japa that doesn't come cheap. This makes me to come to the conclusion that, Nigerians might not have money in their bank account, but majority have tangible assets that can be easily converted to cash if the need arises.

Villa12:
inheritance and sold to the diasporans

SaintUlot:
With the rate at which Nigerians are leaving Nigeria, you will think with N50k you can japa from that country. Every Tom, Dick and Harry have left, the remaining ones are just waiting to buy their flight ticket.

I doubt if we still have up to 1 million people left in Nigeria at this time. So where is that multidimensional poverty statistics coming from? If almost everybody can afford the cost of Japa that doesn't come cheap. This makes me to come to the conclusion that, Nigerians might not have money in their bank account, but majority have tangible assets that can be easily converted to cash if the need arises.