ilivetorave

GETTING INTO TRADING (MUST KNOW)

NO cheating, post your last saved image without any context.

What’s your definition of “making it” on 𝕏?

Let’s break it down: They say, “If you earn ₦2.5 million a year, you should pay ₦250,000 in tax yearly.” But ₦2.5 million annually is barely ₦200,000 per month. ₦200k is not big money in Nigeria. Not in 2025, you’re poor. Not with the current economy. Now imagine you have two kids. Or let’s calculate for you alone sef Out of that ₦200k: •Feeding: Eating decently is at least ₦3,000/day → ₦90,000/month •Transport: ₦1,500/day → ₦45,000/month •Light (NEPA + service charges + prepaid): ₦15,000/month •Fuel (just to survive through the darkness): ₦15,000/month •Miscellaneous (medicine, emergencies, small school needs, data, repairs): minimum ₦30,000/month That’s already ₦195,000 — and we haven’t even touched school fees. We haven’t touched house rent. We haven’t touched clothing. We haven’t touched savings. We haven’t touched unexpected sickness. Data is extremely expensive!! We haven’t touched supporting parents (because in Nigeria, your parents will still call you). And those same parents? Their children, the ones they are calling, are also paying tax from their own small income. So tell me: Out of this same ₦200k salary, where exactly is the “extra” that should be taxed at this rate? How do you train two children in a country where school fees are now touching the skies? How do you survive when the cost of living keeps rising but payment structure is till terrible? How do people “progress” when even breathing feels taxed? The salary structure in Nigeria is not just broken, it is confused. Earnings in this country are like adadabidi, unstable, unpredictable, nothing to write home about, yet the government wants to collect organized tax like the average Nigerian is swimming in abundance. Instead of stabilizing the country… Instead of improving the minimum wage… Instead of reducing the cost of food, transportation, and electricity… Instead of fixing healthcare and education… They jump straight to taxation. Tax from where? From the same people who are barely surviving? Nigeria has never lacked resources, it has only lacked prioritization. Before you tax people aggressively, create a country where people can actually live decently. Do the bare minimum. Make life livable. Let people breathe first. Because right now, nothing about this makes sense. We are in hell