Reactions as Nigerian Man Shares Old Receipt of a Hall Rented in Lagos for N500 in 1982, Now the Place is N2m

Reactions as Nigerian Man Shares Old Receipt of a Hall Rented in Lagos for N500 in 1982, Now the Place is N2m

  • An emerging photo of an old receipt issued out for the rental of a compound and hall has sparked reactions among Nigerians
  • The Eko Club hall which was given out for a wedding occasion at N500 only in 1982 now goes for N2m
  • Reacting to the receipt, some Nigerians decried how bad things have become, others argued that even the N500 was hard to come by at that time

Photo of an old receipt for the use of a Lagos hall and compound has surfaced online and got many people talking.

Instagram user, Tunde Ednut, shared a photo of the old receipt he said belonged to a man.

Reactions as Nigerian man shows off old receipt of wedding hall he had rented at N500 in 1982 that is now N2m
The property reportedly belonged to Eko Club, Lagos Photo Credit: @mufasatundeednut, babymigo
Source: Instagram

It was observed that the receipt was issued for the usage of a hall and compound to host a wedding in 1982.

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Quite surprising, both land spaces were given out at only N500.

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According to Tunde, the same properties are now being leased at about N2 million.

Social media reacts

@yetundebakare stated:

"Event Hall Na good business oo because despite the fact that people complain everyday … Party will definitely happen every weekend "

@kallykuhn commented:

"So it was our parents that started all these till dawn and they won't allow us to go and party till dawn..see double standards na.."

@jpfilmworks remarked:

"Times have changed, i think it's well deserved, state o the art infrastructure, New technologies etc. It's normal that we must accept and understand that this changes must happen."

@papee_agu07 wrote:

"It's the same thing for the standard of living then, that #500 is high $1000 was #540 then Now $1 is #540 so that #500 is higher then lol "

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@okenwablessing said:

"My mum was paid less than 100 naira as monthly salary then.. so 500 naira was a big money to pay.."

Nigerian man shares old receipts of two 2-bedroom flats his parents had paid for in 1988 and 1993

Meanwhile, Legit.ng previously reported that a Nigerian man had shared old receipts of two 2-bedroom flats his parents had paid for in 1988 and 1993.

The man identified as Chiwueze said a two-bedroom flat was leased to his parents at N180 in 1988 and another at N325 in the year 1993.

According to a Facebook user, Ugo Offoaro, who shared the content, Chiwueze wrote:

"Chinekee!!! See what I found! My parents receipts for the flats. Two - 2bedroom Where has this country gone to? 180 Naira in 1988 and 325 by 1993. The good old days."

Source: Legit Newspaper

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