You are viewing a single comment's thread from:RE: LeoThread 2023-05-14 18:01View the full contextView the direct parenttokenizedsociety (69)in LeoFinance • 2 years ago Oh yea I heard about that... here we pay a monthly rent in most cases
yea
But the truth is that this method will not really work in Nigeria based on the situation of things at the moment.
The minimum wage is around $50 per month. The cost of renting an affordable 2 bedroom flat ranges between $750 - $833
per year...
If you multiply 50 by 12 months, you'll get $600. Which means the minimum wage is not enough to get you an affordable home in Nigeria.
And many people receive monthly salary less than the minimum wage
Damn, that's tough man... I think that's why many Nigerian people are involved with crypto, is that right?
Yes... It is right. But, as usual, the Government isn't interested in what benefits the citizens, that's why they've been serveral consistent attempts to clampdown on everyone who's income is linked to crypto.
So, it is really difficult for people to keep up, and live comfortable lives.
The gap between the rich and poor keeps getting wider and deeper