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1 Million In 2015 Is Like 100,000 Today - Nenadi Usman Slams APC, Tinubu (Video) - Politics - Nairaland 5o6i2p

1 Million In 2015 Is Like 100,000 Today - Nenadi Usman Slams APC, Tinubu (Video) (7568 Views)

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BlessedGift: 4:23am On May 04

https://www.youtube.com/watch?v=w6LjABP_f-Y

The Labour Party Caretaker Committee Chair and former Finance Minister Nenadi Usman has said what Nigerians had in 2015 has reduced to 10% of its worth today.

According to her, the APC government has toppled Nigeria's economy.

Also, Nenadi slams Tinubu for destroying democracy in Nigeria while asking Nigerians to brace up To dislodge the APC government.

31 Likes 1 Share

BlessedGift: 4:23am On May 04
Hmmmm
BlessedGift:

https://www.youtube.com/watch?v=w6LjABP_f-Y

The Labour Party Caretaker Committee Chair and former Finance Minister Nenadi Usman has said what Nigerians had in 2015 has reduced to 10% of its worth today.

According to her, the APC government has toppled Nigeria's economy.

Also, Nenadi slams Tinubu for destroying democracy in Nigeria while asking Nigerians to brace up To dislodge the APC government.
Tochi3(m): 4:41am On May 04
grin grin

..no lies in what the intelligent, brave woman said..

63 Likes 4 Shares

free2ryhme: 6:54am On May 04
BlessedGift:

https://www.youtube.com/watch?v=w6LjABP_f-Y

The Labour Party Caretaker Committee Chair and former Finance Minister Nenadi Usman has said what Nigerians had in 2015 has reduced to 10% of its worth today.

According to her, the APC government has toppled Nigeria's economy.

Also, Nenadi slams Tinubu for destroying democracy in Nigeria while asking Nigerians to brace up To dislodge the APC government.

Na so

7 Likes 2 Shares

lightwind(m): 6:54am On May 04
Bastards 😒😒

6 Likes 1 Share

Skyfornia(m): 6:55am On May 04
Sometimes when you think about this country...you automatically become sàd

69 Likes 6 Shares

Dogalmighty17: 6:55am On May 04
In 1964, Nigeria has a GDP per capita of over 2000 dollars. This was higher than the GDP of even South Korea then. Today, Nigeria has a GDP per capita of less than 900 dollars while South Korea has a GDP of over 35000 dollars.

In the last 10 years, India lifted over 175 million of her citizens out of poverty. In the last 10 years Nigeria has fallen off the cliff.

Leadership matters! There is no denying the fact that the Tinubu led government is the most incompetent, directionless and visionless this country has ever had. There is no metric of development this man has improved on. Non! He brought that brain dead Buhari, packaged and sold him to Nigerians. A failure just as he himself is.

It will not be well with anyone who voted and still plans to vote for APC.

87 Likes 6 Shares

ccollins(m): 6:55am On May 04
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helinues: 6:55am On May 04
Labouring party and their shallow reasoning

90 Likes 6 Shares

HenryThegreat1(m): 6:55am On May 04
Terrible president

30 Likes 1 Share

Ablesam171: 6:57am On May 04
Let’s be honest with ourselves, this is far from the truth. The actual situation is much worse than what’s being claimed.

I’m no math expert, but I’ll break it down as I see it. If you claim ₦1,000,000 is now worth ₦100,000, that implies a reduction of about 0.1%. But in reality, (base on prices of regular household commodities) the decline has been far more drastic. From 2015 to now, the value of money has dropped by over 1,000% (0.001%) which is actually more than the 0.1% that was state In my estimation, ₦1,000,000 in 2015 is barely worth ₦50,000 today, based on the prices of everyday household items.
Let's even leave prices of cars and luxuries lets use regular daily needs of Nigerians.

How much did Sunflower oil cost in 2015 compared to now?

Let’s look at the numbers:
Spaghetti (500g Golden Penny): In 2019, it was ₦150 (retail); today, it’s ₦1,500.
Sunflower oil: In 2019, ₦3,500; now, over ₦25,000.
Garri Egba, (in Ibadan): In 2019, ₦300 per congo; now, over ₦2,000.

And this is just 2019 if we go back to 2015 prices, you’ll see that the cost of basic food items has surged by nearly 2,000%.

Keep in mind, by 2015, the ₦18,000 minimum wage was already four years old, meaning inflation had long taken hold. So, if anything, I’m being generous to the government by using 2019 as a reference.

If dem explain Nigerian for you and you understand, dat one mean sey dem no explain am well because normally to understand Nigeria suppose give you headaches.

62 Likes 9 Shares

jackie111(m): 6:57am On May 04
No lies at all. The way celebs be sharing millions on X is crazy.

16 Likes

ClearFlair: 6:58am On May 04
The cost of buying a car now ehn...what of food? How are people even feeding

26 Likes 2 Shares

femi4: 7:03am On May 04
BlessedGift:

https://www.youtube.com/watch?v=w6LjABP_f-Y

The Labour Party Caretaker Committee Chair and former Finance Minister Nenadi Usman has said what Nigerians had in 2015 has reduced to 10% of its worth today.

According to her, the APC government has toppled Nigeria's economy.

Also, Nenadi slams Tinubu for destroying democracy in Nigeria while asking Nigerians to brace up To dislodge the APC government.
It's so unfortunate

7 Likes

Brushstrokes20: 7:06am On May 04
Spot on! 💯💯💯💯✔️✔️✔️
🇳🇬 is being ruled by a bunch of self serving, brainless brigands

19 Likes 1 Share

malali: 7:07am On May 04
The Labour Party Caretaker Committee Chair and former Finance Minister Nenadi Usman has said what Nigerians had in 2015 has reduced to 10% of its worth today.

According to her, the APC government has toppled Nigeria's economy.

Also, Nenadi slams Tinubu for destroying democracy in Nigeria while asking Nigerians to brace up To dislodge the APC government.

1 Like

bazoodo: 7:08am On May 04
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RepoMan007: 7:08am On May 04
Every sane human in Nigeria knows rxactly what she is talking about. I go through 10k without doing any tangible thing. That could buy you a new nokia phone 10 years ago.

26 Likes

Niok2: 7:11am On May 04
helinues:
Labouring party and their shallow reasoning
up early defending ur 30k wages
Tueh HEY-WU

38 Likes 3 Shares

eldoradoxx: 7:11am On May 04
In 2015, one US Dollar was about N180, today it is over N1500 to a USD. How many N180 is in N1500. Certainly, you will know that she is very correct. APC government used their incompetence to mismanage the economy.

32 Likes 3 Shares

helinues: 7:11am On May 04
Niok2:
up early defending ur 30k wages
Tueh HEY-WU

How is that your life's headache, must everyone labour in vain?

Stop using poverty thoughts to be engaging us

75 Likes 1 Share

Didijiji: 7:12am On May 04
And their foolish APC ers will say state government allocation has increased without affirming the erosion in value

Why not keep subsidies and keep cost of living low

Now you floated Naira and removed subsidy

Has the supposed savings done anything good for Nigeria? Has it fixed power, roads, built free hospitals?

SW see the man you gave Nigeria as President!

Is this th best you can do?

A shame to the south…

24 Likes 1 Share

asfrank(m): 7:14am On May 04
Tell us how much it was back in 1960. Let's start tracing the rot from the beginning,

2 Likes 1 Share

Didijiji: 7:17am On May 04
asfrank:
Tell us how much it was back in 1960. Let's start tracing the rot from the beginning,
have sense

We are talking about democratic governments

Tinubu Dey shame me

21 Likes 1 Share

Lastmessenger2: 7:17am On May 04
helinues:
Labouring party and their shallow reasoning
the problem with scuumbag like you is that you see everything in the eyes of we vs them.
In 2015 I a friend buying a thermocool ac for 100k but today that same ac is 450k. A bag of rice was below 10k in 2015 but today that same bag is close to 100k
We must learn to accept the truth when its being spoken

40 Likes 3 Shares

ogascomax: 7:17am On May 04
If you were earning 250k then you are a big boy but earning 750 today is like nothing.

15 Likes

kingbee90: 7:18am On May 04
Watch how Agbadorians would call this woman an Ipob just to defend their rotten teeth druggie while their stomach is empty due to Hunger caused by the same druggie they are defending.

20 Likes

Samajogs: 7:19am On May 04
The miscreants and blockheads will not like to hear this, because of tribal and religion sentiment

21 Likes 2 Shares

Sheuns(m): 7:24am On May 04
Ordinary ram retails from 350k upwards. That’s if you want mature sizable rams.

I bought two rams in 2020 for less than 200K. Those same sizes of rams cost about 500K now if not more.

8 Likes 1 Share

asfrank(m): 7:25am On May 04
Didijiji:
have sense

We are talking about democratic governments

Tinubu Dey shame me
Economics and it's implications have nothing to do with government. Are you guys not singing praises for Ibrahim Traore of Burkina Faso?
Some of you reason as though Nigeria existence was from 2015. It will shock you to see the difference from 1999 to 2011 when your GEJ took over on his own .

3 Likes 1 Share

nedekid: 7:27am On May 04
kingbee90:
Watch how Agbadorians would call this woman an Ipob just to defend their rotten teeth druggie while their stomach is empty due to Hunger caused by the same druggie they are defending.
One up there that does not sleep, 24 hrs on this forum has already commented, as usual with nothing reasonable to say.

12 Likes

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