A Nigerian woman’s argument that ₦1 million no longer carries the same financial weight as it once did has led to a viral video that has generated a lot of discussion on social media.
The woman bemoaned the growing expense of life in the popular video, claiming that inflation had drastically decreased the value of money, making what was formerly seen to be a substantial amount seem nearly small.
Speaking in a mix of Pidgin and English, she said, “We don dey see one million naira as normal money. Like one million naira is nothing anymore. One million naira don be like 100k.”
She thought about how people used to become excited when ₦1 million was mentioned, but that these feelings have since subsided.
“You know before if you hear one million naira, hey! one million naira? Now, if you buy something now they go tell you say oh you have to balance off one million naira,” she added.
The woman clarified that a recent encounter with a friend who casually requested ₦1 million was the source of her annoyance.
“She just called me, she no even ask me if I have, she said, ‘jojo you fit send me one million naira, I go send am back tomorrow.’ How do you know if I have it?” she said.
According to her, such requests show how people now assume that ₦1 million is easily accessible to everyone.
“So one million naira now don turn 100k wey be say everybody dey get am,” she concluded.
Since then, the film has sparked a range of responses, with many Nigerians sharing their thoughts and personal experiences.
See reactions below;
Crownbola wrote: “1 million naira now is just ‘blink and it’s gone’ money 😭 You go withdraw am feeling rich… two supermarket runs, fuel, and small urgent 2k wey turn 20k, next thing you’re back to checking your balance like ‘how did we get here?’”
Uwa wrote: “The part that doesn’t make sense in all these is that our minimum wage is 70,000 NGN and the government is doing nothing to marry our income and the cost of things.”
Verratti wrote: “After their Sugar daddy don wire their account for a Job well done. Dem go start to dey yarn dust.”
Sammy Steve wrote: “My dear speak for yourself o. Which one is everybody now have 1 million naira 🙄 u dey whine?”
Bosun wrote: “Na why dem dey increase rent yearly be this. Una dey make dem believe say everybody capable. 1 million be like 100k, until the money die for aza and dem give you 2 hours to remit funds. Lmao.”
Watch the video below;