With ₦800k, Are You Nonetheless Thought-about a First-Class Citizen?

With ₦800k, Are You Nonetheless Thought-about a First-Class Citizen?

Gone are the times when an ₦800k wage assured an opulent life-style in Nigeria.

The rising value of residing, fueled by inflation and forex devaluation, has squeezed the worth of this once-comfortable earnings.

So, the query is: does ₦800k nonetheless grant you first-class citizen standing in Nigeria?

The reply isn’t easy. It will depend on your life-style decisions. With accountable budgeting, a household can nonetheless obtain an honest lifestyle on this earnings.

There is likely to be some changes, however requirements like housing, meals, and schooling might be coated.

Nevertheless, the “first-class” label is likely to be a stretch. Neglect lavish holidays and splurges on luxurious objects. 

Even Rachel Edwards, a former Huge Brother Naija character, ignited social media with a remark suggesting ₦800k wouldn’t even cowl the price of a wig!

Her assertion, whereas maybe flippant, highlights the pressure a excessive value of residing places on discretionary spending.

The fact is, ₦800k provides a middle-class existence for a lot of Nigerians.

It lets you reside comfortably however not extravagantly. The “first-class” title is likely to be reserved for considerably higher-income folks.

This debate goes past particular person circumstances. It displays the financial challenges Nigeria faces. With strategic monetary planning, ₦800k can nonetheless present an honest life.

However for a lot of Nigerians, reaching true “first-class” standing requires a stronger economic system and a better lifestyle for all.

What Netizens Are Saying on the “With ₦800k” Tweet

Twitter is on fireplace proper now, due to the tweet made by a former BBnaija housemate.

Omar little – “₦800k is being ridiculed as not sufficient in a rustic whose minimal wage is 30k, a big proportion of Nigerians earn lower than 200k a month btw with 800k assured earnings per 30 days in minna, I’ll have 3 police hilux escorting me in all places”

800k is being ridiculed as not sufficient in a rustic whose minimal wage is 30k, a big proportion of Nigerians earn lower than 200k a month btw

with 800k assured earnings per 30 days in minna, I’ll have 3 police hilux escorting me in all places

— Omar little (@_ManLikeAJ) March 13, 2024

JUST KINGS: “With ₦800k month-to-month wage in Nigeria, you possibly can marry, pay hire, educated a minimum of 2 youngsters in class and nonetheless saved to purchase automotive comfortably. 

Don’t let anyone stress you with lies”.

With 800k month-to-month wage in Nigeria, you possibly can marry, pay hire, educated a minimum of 2 youngsters in class and nonetheless saved to purchase automotive comfortably.

Don’t let anyone stress you with lies.

— JUST KINGS (@JustKingss) March 13, 2024

OMOTAYO Of Lagos – “To heII with Twitter normal, with ₦800k you possibly can reside a very good life in Lagos as a household man, overlook what all these woke individuals are pushing within the TL, with the present state of Nigeria even when you earn between 400-500k month-to-month you possibly can nonetheless reside a very good life when you make a correct plan”

To heII with twitter normal, with 800k you possibly can reside a very good life in Lagos as a household man, overlook what all these woke individuals are pushing within the TL, with the present state of Nigeria even when you earn between 400-500k month-to-month you possibly can nonetheless reside a very good life when you make correct plan

— OMOTAYO Of Lagos 💥 (@Tee_Classiquem1) March 13, 2024

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