Відео

Welldone Nairametrics team! 👍🏾 This was overall a great episode, however, I couldn’t hear the guest very well at various intervals during the conversation.

I don’t necessarily agree Must especially on the health side and satisfaction

Depends - if you buy bulk items or items you can’t consume in a short period or at once - you will have to invest in storage? Fridge (which one will have already….) and power costs? ….also your time spent cooking each meal might be better used elsewhere….So yes the groceries / ingredients maybe cheaper to buy but the overall activity of cooking / storage / reheating etc may just make it cheaper to eat out….

💚💚💙💙💜💜🪶 LOVE Stephanie Zion Abubakari EL

That's down from 1,000 naira per liter. I'll take it!

Welcome back, Ugo. I missed you!

Welcome back, Ugo. You were highly missed as she said😊

Great content. More of this.

Would you eat a 1kg of chicken in a meal? Its cheaper to eat in. Eating out besides the cost (even though spread over the customers) the vendor must make a profit ie so economy of scales come in. A piece of chicken out (not quarter cut o!) would be about 1.2-1.5K. Having sat at both. Eating out, 3 meals a day would decently cost minimal 5K per day o!

It's always cheaper. Ask yourself, what goes into the 'cheaper' food bought outside? It's always cheaper to cook your own meals no matter how you want to cut it

I cook my meal at home, the only negative is that if you buy your food items from retailers, but if you buy it in wholesale It is cheaper . The reason why to note the difference is that those cook vendor buy items in wholesale. If you have means of storage it is best cooking at home live alone in Lagos mainland

Is this structure computation monthly or annual?

Tell us why.....we know the what

Kudos

Well done

Brilliant discussions..

Believe IMF at your own risk.

Hi Ugo , Nice one, can you attach the excel or pdf of the calculation you showed on the video

Thanks for teaching us. This is more than news, it is analysis, passion. 🎉Thank you

Well done

please share the link to the blog

Trust these guys at your peril!

When you consider that the rich Nigerians working for established companies and owners of companies are currently the ones paying tax - the question is how the government collects taxes from the informal sector.

The poor will be happy thinking they are taxing the rich while infact they are taking everyone’s money.

Confusing…

The government should stop taking peoples money.

The problem is not taxing wealthy Nigerians, the problem is what they will do with the taxes after collecting it. Will the taxes end up in the private accounts of wealthy politicians, or will it go to fund the obscenely expensive lifestyles of politicians towards buying expensive SUVs, Yachts, more presidential jets, etc., etc.? If they are taxing to loot and/or squander, then they should leave people's money for them. That Presidential Committee should add a proposal for publishing how the taxed 25% are being spent.

When Oyibo praise you, just know you have done something wrong that poses existential threat to your own species. I heard most banks the young bank managed folded. Just when Nigeria folds I hope some individuals will be held responsible.

Thanks for this Nairametrics❤

How much I can get per month

Tinubu is stretching naira with devaluation. If CBN sells over half a billion dollars to bureau de change at about N1,560 for intervention, how much are they suppose to resell? Port charges at almost N1,600 dollar rate, how much are importers going to sell such products? Tinubu and Cardoso are the problems. Their rates per dollar changes everyday, how many foreign investors will like that? Which institutions in Nigeria still has the courage to borrow from foreign banks to invest in Nigeria when you're not sure at what dollar rate you will repay such loans. Tinubu is running a voodoo fiscal policies common with collapsed economies in the world. Ghanian cedi is exchanged at 1$=15cedis but Nigeria is exchanging at 1$=1,600 naira, is that not madness🤷‍♂️. I don't know but am afraid at how Tinubu is planning to end Nigeria because this hardship is just not sustainable. It's difficult quoting for contracts because rates are not stable. You can't plan pricing and can't plan inventory because rates aren't stable. Working capital is crushed and eroded everyday because of loss in value of naira, who can actually deal with this madness? How many foreign investors want to take the risk of losing his working capital inside the Nigerian economy?Families can't feed again, families can't maintain cars again 🤷‍♂️. What's these madness all about? Who cursed Nigeria? What is our crime for been Nigerians? This is too much😭, it's becoming unbearable and suicidal 😭😭😭😭

What about "My money is my money and his money is our money"?

40 billion dollars is Apples pocket change . Five that by 200 million people . 38 billion is less than what NVDA generated in one day . Nigerians should eskew poverty culture.

We produce nothing and we consume everything.

This government emissaries don't talk about the minimum wage in the UK and US compared to that of Nigeria, but make blind comparisons. Make the Nigerian minimum equal to those advanced countries, and we will buy at the price they sell in those country. Stupidity in its highest form.

👍

Yeah it's nice, But sometimes the update comes late on UA-cam

Wow🔥

Take the mic far from your mouth.

Bro, do you know what you're saying. You should be comparing 50naira to 50dollars. Do you think our naira is in cent comparisons? It is 1 naira to 1 dollar, you kids don't know nothing so keep you mouth shut. Do you know way back if you change 50 naira, you could get about 30 - 36 dollar. Back then when expertrates come down to work in our institutions. When we so depend on export of our agricultural products. Yes back then, europeans come to work here in our hospitals, universities, companies, infrastrutural projects etc. Please, Do your research. You talk like a kid. Grow up by doing research before posing before the camera.

I like the market analyst...straight and intelligent. Good professionalism based on experience.

I have stopped listening to financial analyst abroad that talk about naira and notable Nigerians that talk about Naira. These people are learned they are supposed to be giving wholistic reviews but they keep disappointing me. If things are undervalued here, why is the cost of a Car there cheaper than here? Pls explain? The simple way of making an economy stronger is increasing production and reducing dependency on imported things. How can you drive production when the cost of production is already high and the interest rates discourages borrowing for production. Why remove energy subsidy and share the money to unaccountable heads of state, and allocate the rest to renovating VPs lodge and buying yatch, airplanes, foreign vehicles (innoson is local alternative), funding pilgrimage and entourage for conferences abroad. Yes it can still get bad but not because of high prices abroad but bad, corrupt and lazy governance locally, The amenities are available there but they are not here, general security is guaranteed there but its not here. Do you understand the effect of insecurity on unmechanized farming and how that translates to food inflation. Policies are killing manufacturing, that is supposed to manufacture alternatives to imported goods and ease the demand for dollar to import them. I am not an economist or a financial person but why do you sound so dumb and corrupt in your simplified analysis in your field to me a lay man.😢. U have oil in ur country and energy crisis is affecting you and u still do gas flaring in the 21st century. Gas that can be used to generate power. Ijust don't understand. Its traumatizing. U all should keep being delusional that all Nigerians are braindead that you can give any baseless analysis.

This comparison is not accurate, compare the rate of labor value you get your answer… don’t use currency to compare economy !!!!!!

😂😂 Hash tag "Black Lives Matter". Some of our African brothers are something else.

This analysis is so flawed! Comparing 2.4 inflation rate country with 34.2 inflation country? Ok let me do simple analysis; In 2015 a salvage 2005 corolla cost $1000-1200 in USA which was equivalent to 197,000 naira then it's sold between 750-800k in Nigeria fast forward to 2024 Same car still cost between $1000-$1200 in USA but equivalent in Nigeria now is 1,650,000 naira & currently approaching 10m for sale in Nigeria! Now that's how to explain current inflation in Nigeria in relation to dollar currency. Also any country plague with terrible inflation can never have sufficient income since whatever you earn will be consumed by inflation. Why don't you say our minimum wage is higher than that of USA or is USA paying $70,000 minimum wage? at least base on your analysis.

I strongly believe inflation will go down if the exchange rate goes down. As long as it is high or keeps rising, there will be no relief whatsoever

Products and services abroad are over priced. Prices should go down abroad not go up in Nigeria

So, what about now? Can we ask the same question today 2024

It’s simply because of the cost of labour which is driver of product cost. Nigeria has very cheap labour compared to Western society, which explains why Uber is cheap in Nigeria than other countries, this applies to so many products you have mentioned

From consumption to production. But obviously they are borrowing to throw parties at their party houses. Mediocrity rules