@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
they ruined the Naira because they didn't want an African Country to have economic power
2025-03-17 07:47:08
287
feydalley :
Used to be such a beautiful civilised place.. see class and grace
2025-03-17 23:05:06
2
Abdulafeez Uthman :
you're very wrong, minimum wages now 70k
2025-03-15 10:21:11
1
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
675
Ekene :
APC HAPPENED TO NIGERIA 😅😅
2025-03-15 06:52:57
348
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
RandomTok :
How on earth did we get here
2025-03-15 09:19:54
216
sublime farm :
that's all we hear but can someone explain what caused it.
2025-03-17 16:23:39
0
Omiragua_Teejay :
Nigeria is not getting better anytime soon
2025-03-14 22:15:55
39
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
48
danceboykpl23 :
this guy gat update himself ooo..
2025-03-15 09:26:05
0
black_of_ages :
Leave matter! At that time a saloon car Peugeot 504 was on 1k. How many Nigerians could afford it? Today, with all the devaluation, the quality of life is far better. Yes or YES? 😏
2025-03-17 18:28:13
0
Elyon 🇳🇬🇨🇦 :
Buhari happened to the naira, a real kleptomaniac!
2025-03-14 18:26:30
0
annetteabena :
My dad (a Ghanaian) moved to Nigeria in the 70s and was able to save enough money to move to the UK on a teacher’s salary!
2025-03-18 10:19:24
4
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
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
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
19
babatundeoladipo3 :
Ruce is imported. Lets develop local alternatives to grow our naira
2025-03-16 14:26:27
0
nagholeon0 :
Ask the evil politicians?
2025-03-15 13:19:26
4
fueledByRamen :
Population growth
2025-03-16 06:50:47
0
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
Osarich :
pls is dis true?
2025-03-14 16:16:11
0
Justin Eghosa Uwaifo :
the Israel one of the most devalued currencies in the world 🌎🌍. Since 1983, when babangida's administration fell for the imf and world Bank con of structural adjustments program, over 40 years ago.
2025-03-14 20:24:33
1
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
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