There was a time when ₦100 would possibly perchance well aquire loads greater than it does at the present time. In the past, folks would possibly perchance well stroll into a restaurant with ₦100, abilities a beefy meal, and calm prance away with swap.
Going lend a hand even additional, this quantity would possibly perchance well win you ample groceries for months, and according to the tales from older folks, it would possibly perchance well even aquire vehicles and pay for journeys in a foreign country.
Nonetheless, things ranking changed dramatically. As a consequence of inflation and the falling designate of the Naira, the purchasing energy of ₦100 has diminished. Smaller forex notes like ₦5, ₦10, ₦20, and even ₦50 are becoming almost ineffective as they would possibly be able to infrequently aquire anything at the present time.
So, what can ₦100 aquire in Nigeria at the present time? Right here’s a transient listing:
- A pair of cubes of Maggi (seasoning cubes)
- A single half of candy
- 3 sachets of water
- One pencil
- A pen
- Two packets of Coaster biscuits
- Two bins of matches
- A little piece of sugar and groundnuts
- A little-sized candlestick
- Perchance ample airtime for one short cellphone name
As demonstrated, ₦100 now mainly covers very standard and minimal requirements. In the past, this quantity would possibly perchance well ranking bought extra gigantic objects like a packet of spaghetti or half of a “derica” (a pair of cup) of rice.
Did we prance away out anything? Add yours