A Nigerian man compares the value of money in different countries, citing the naira’s falling purchasing power.
In a video that circulated on social media, the man compared what one million units of currency can achieve in countries such as the United States, the United Kingdom, and South Africa to what the same number means in Nigeria today.
According to him, a million dollars or pounds can greatly improve a person’s financial situation abroad, but the same cannot be true for Nigeria.
“A million dollar in America is life-changing money. A million dollar in America will buy you a house, literally puts you on your path to financial freedom.
A million pounds in the UK i’m sure can buy you a house and probably like change your life financially.
A million South African Rand can buy you a house.
A million naira in Nigeria can’t even rent you a place today. A million Naira cannot arrange you a comfortable place to stay in Nigeria of today. I want you guys to understand how cooked Nigeria is. Honestly…,” the man lamented.
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