@tranzie.com: In 1973, a Nigerian worker’s salary could buy over 20 bags of rice. Today, it can’t even buy one. What went wrong with the Naira? 🇳🇬💸 #Nigeria #Economy #Inflation #CostOfLiving #Throwback #MoneyMatters

Tranzie
Tranzie
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Region: NG
Friday 14 March 2025 13:15:35 GMT
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kachallaman
kachman :
America happened to the Naira
2025-03-15 08:08:41
277
mooncloud987
Cloud :
they ruined the Naira because they didn't want an African Country to have economic power
2025-03-17 07:47:08
255
goldblaq
🎱 :
Bag of rice 70k for where , it’s over 100
2025-03-17 18:00:33
0
judecci
Ekene :
APC HAPPENED TO NIGERIA 😅😅
2025-03-15 06:52:57
345
zicoworld.7
Zico :
If the minimum wage back then could buy 20 bags of rice. it means today every Nigerian should be earning at least 1.4M minimum wage a month.
2025-03-15 01:03:24
664
randomtok60
RandomTok :
How on earth did we get here
2025-03-15 09:19:54
207
zinaru.iman
Zinaru :
I joined the banking sector in February 1989 and my first salary was 504 naira and that was a lot of money.
2025-03-14 15:01:42
63
abdulafeez.uthman
Abdulafeez Uthman :
you're very wrong, minimum wages now 70k
2025-03-15 10:21:11
1
aku.fecha
Aku Fecha :
In 1988 I bought a cup of rice for 70 kobo for my grandmother, and she was complaining then that Nigeria have spoiled.early 90’s a cup of garri then was selling for 1 naira,nd we was complaining then
2025-03-17 07:59:10
5
tejiri_moses
Omiragua_Teejay :
Nigeria is not getting better anytime soon
2025-03-14 22:15:55
39
tha_morningstar
Elyon 🇳🇬🇨🇦 :
Buhari happened to the naira, a real kleptomaniac!
2025-03-14 18:26:30
0
the.benegesserit
The Benegesserit :
Devalued cause they pegged it to the obsession they have with the US $$! The $$ is being printed & its inflation exported to places like Nigeria!
2025-03-14 23:37:16
47
themrcomedy
Mrandmrs comedy :
my bro who we go ask??wetin do naira😂
2025-03-14 21:19:55
2
dolapo47
fueledByRamen :
Population growth
2025-03-16 06:50:47
0
kemeyeuponi
𝓚⋆﹆⋆๑⋆ :
I think Nigerians we need to start demanding better wages, that is our only solution. Fight for your rights!!!
2025-03-17 07:56:27
18
eenochh
enoch :
naija was to dependent on oil and when oil crashed in the late 80s so did their economy
2025-03-15 16:20:37
6
oghosa45
Oghosa :
Before ratting Nigeria, first, think of increase in population and mouth to feed, in 70s less mouth to feed . it is not devaluation of naira cause problems. not enough investment now.
2025-03-16 13:26:24
0
danceboykpl23
danceboykpl23 :
this guy gat update himself ooo..
2025-03-15 09:26:05
0
fitticent
fitticent :
The west happened to the Nayeera
2025-03-16 21:17:17
0
mmusa_24
Mmusa_24 :
30 years of devaluation of naira by brilliant economists from Harvert University who convinced our military rulers
2025-03-14 21:12:24
20
stephanienwankwo4
stephanienwankwo9 :
D naira died 😢
2025-03-16 14:23:48
0
user7370391308188
gentle_Abbey :
it's not a Nigerian thing. It's both African and western thing. it's only some Asian countries that may escape this
2025-03-15 06:54:24
5
bluemoon310
adebayoadisa2 :
As an economist, the real issue was over-valued naira ldue to Oil, ed to over importation, local productions were discouraged and now unsustainable. S
2025-03-16 14:34:29
3
user34063100036526
Autobase :
IMF and western power,s did this😅😅😅😅
2025-03-15 16:07:52
0
davies8755
Davies :
we abused our privileges and no more sense of good purposes and it's sad. 🙏
2025-03-16 15:14:42
1
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