Showing posts with label Nigerians. Show all posts
Showing posts with label Nigerians. Show all posts

Monday, June 29, 2026

Only The Middle Class and Upper Class in Nigeria Can Subscribe To Cable TV and Netflix


Only The Middle Class and Upper Class in Nigeria Can Subscribe To  Cable TV and Netflix

Yesterday, I spent ₦400, approximately $0.28 to $0.29 US Dollars to buy 2 GB data on the MTN network to watch three full length movies on YouTube streaming without glitch.
I spend more than ₦1,000 on data everyday. That amounts to ₦30, 000 monthly. It is more than the monthly subscription for my preferred cable TV service. And more than my monthly electricity bill.

To watch 4 hours of movies, you will need between 2.8 GB and 28 GB of data. The exact amount depends entirely on the video resolution you choose to stream or download.

Here is the breakdown of the data you will need for a 4-hour movie session:

Video Resolution
Data Used Per Hour Total Data for 4 Hours

Standard Definition (SD / 480p) ≈ 0.7 GB ≈ 2.8 GB
High Definition (HD / 720p or 1080p) 1.5 to 3.0 GB 6 to 12 GB
Ultra HD / 4K ≈ 7 GB ≈ 28 GB

Nigerian internet subscribers spent a staggering ₦3.33 trillion on data in the first quarter of 2026 alone.
₦3.33 trillion is approximately $2.43 billion at current official exchange rates, or $2.38 billion at parallel market rates.

This basic subscription represents nearly one-fifth (20%) of the monthly income required for a household to stay above the poverty line in Nigeria.

An average subscriber uses about 9.3 to 9.7 GB per month (calculated from the 28 GB average per quarter).

Nigeria has over 109 million active internet users. While over 142 million cellular subscriptions are used for data, many users hold multiple SIMs.
The nation represents a strong mobile-first market, with smartphones driving the vast majority of web traffic.

 
Social Media Users: There are roughly 48 million active social media identities across the country.
Active Internet Penetration: Online penetration rests at approximately 45.5% of the total population.

Majority of the people who spend more than ₦30, 000 -₦50,000 monthly on data are the middle class in Nigeria.

Majority of Nigerians from the lower class to the middle class can afford data  to view videos online. But only the middle class and upper class in Nigeria can subscribe to  cable TV and Netflix.

The Nigerian middle class currently accounts for approximately 8% to 23% of the population (roughly 20 to 50 million people), depending on the defining income criteria. However, recent surges in inflation and currency devaluation have significantly shrunk this group, with many slipping into the lower-income or impoverished categories.

Defining the Middle Class in Nigeria:
Classification is largely based on spending power, access to amenities, and location (with a heavy concentration in urban hubs like Lagos, Abuja, and Port Harcourt).

Monthly Household Income Lifestyle & Purchasing Power

Lower-Middle Class ₦150,000 to ₦300,000 Can manage basic needs and modest private schooling, but requires careful budgeting and is highly vulnerable to inflation.

Upper-Middle Class ₦500,000 to ₦1,500,000 Can afford decent housing, reliable transportation, private education, and has some savings or investment capacity.

Recent Economic Pressures

Shrinking Bracket: Economists estimate that to maintain a true middle-class lifestyle in major cities today, households need to earn between ₦800,000 and ₦1.2 million monthly, yet less than 5% of the population earns in this range.

Nigeria currently has an estimated 9.5 to 10 million Direct-to-Home (DTH) pay-TV subscribers.
DStv, GOtv, StarTimes, and SLTV are the primary pay-television and satellite providers dominating the market in Nigeria. Due to rising operational costs and inflation, subscription prices have undergone significant updates, sparking fierce competition between premium satellite providers and highly affordable alternative networks.
Cable TV subscriptions in Nigeria range from as low as ₦1,900 to ₦44,500 per month, depending on the provider and the number of channels you want.

Netflix subscription in Nigeria ranges from ₦2,500 to ₦8,500 per month, depending on the plan you choose. You can easily sign up and manage your streaming preferences directly through the official Netflix Nigeria website or mobile app.

Current Subscription Plans & Prices
Netflix features four tiers of monthly plans tailored to your viewing needs and device limits:

Monthly Price Video Quality Supported Devices Simultaneous Screens
Mobile ₦2,500 Standard (480p) Phones & Tablets only 1
Basic ₦4,000 High Definition (720p) Phones, Tablets, PCs & TVs 1
Standard ₦6,500 Full HD (1080p) All Devices 2
Premium ₦8,500 Ultra HD (4K) + HDR All Devices 4

Only Nigerians in the Upper-Middle Class can afford regular annual subscriptions for cable TV and they can also afford to subscribe to Netflix.

It is important to note that with the cost of living outpacing wages, the new middle-income bracket is shifting away from conspicuous consumption toward structural security, heavily prioritizing education, housing investments, and long-term savings.

Recommended articles on the status of the middle class in Nigeria.


No condition is permanent: Middle class in Nigeria in the last decade 
by PAC Rodas · Cited by 35 — The 2000-2010
https://openknowledge.worldbank.org/bitstreams/e200dc9e-b407-55f5-bcd0-2c4eac48121b/download

Rising Middle-Class Power in Nigeria & New Market Opportunities
https://stonehillresearch.com/rising-middle-class-power-how-demographics-are-driving-new-markets-in-nigeria/


Friday, June 12, 2026

Happy Democracy Day!

 




June 12 is celebrated annually in Nigeria as Democracy Day, a national public holiday honoring the country's return to civilian governance and the legacy of the annulled June 12, 1993, presidential election. 

The day honors the historic election widely regarded as the freest and fairest in the nation's history, which was won by the late Chief M.K.O. Abiola. Moving the holiday from May 29 to June 12 in 2018 served to immortalize Abiola and the sacrifices made by pro-democracy activists who fought for Nigeria's current democratic republic. 

For a breakdown of the history and significance of Democracy Day in Nigeria:

June 12 Should Be A Day Of Sober Reflection About Democracy

2026 Celebrations
The Federal Government of Nigeria declared June 12 a nationwide public holiday. Official ceremonies typically feature a presidential address and various civic events aimed at promoting national unity, reflection, and accountability.  


Thursday, August 1, 2024

End Bad Government Protests in Nigeria


The new month of August started with widespread #EndBadGovernance protests in different states in Nigeria.  Banks and other companies were shut and public transport services were suspended in Abuja, the Federal Capital Territory and in Lagos, the commercial capital of the most populous country in Africa. Riots were reported in several locations in spite of the presence of both police and military patrols on the major roads and streets to prevent lawlessness and violence.


The majority of people are lamenting the economic challenges of survival caused by the administrative failures of the administration of President Bola Ahmed Tinubu since his oath of office on May 29, 2023. 



Wednesday, July 31, 2024

Onyeka Onwenu Cries for Love, Peace and Unity in Last Video Message


The shocking news that famous singer, Onyeka Onwenu has suddenly passed away shook Nigeria on 30th of July 2024.

It was reported that Onwenu collapsed after her performance at the birthday party of a friend in Lagos in the presence of several special guests, including Peter Obi, the presidential candidate of the Labour Party in the 2023 presidential election in Nigeria. 
She was rushed to the Reddington Hospital where all efforts to revive her failed.



Onyeka Onwenu's last message in  a passionate video cried to all politicians and their followers to end political violence and work together in love, peace and unity for the benefit of all Nigerians.
Her last song before she collapsed was her popular, "One Love Keep Together".




She was a celebrated singer and songwriter; actress; human rights and social activist; journalist; politician and former X Factor series judge.

See details of her biography on 
https://en.wikipedia.org/wiki/Onyeka_Onwenu

 

Wednesday, November 29, 2023

"Memory of October 20, 2020" Has Been Released on Selar


Memory of October 20, 2020 Has Been Released on Selar

"Memory of October 20, 2020" on the aftermath of the tragic EndSARs protests in Lekki on October 20, 2020 in Lagos and other parts of Nigeria is of historical significance showing one of the survivors having sleepless nights of the nightmares. The photos show his trauma caused by his nightmares.

View on Selar

https://selar.co/016e11

#memoir 

#art

#memory

#digitalart

#endsars

#lekkimassacre

#lagos

#nigeria

#october

#2020

#protests

#riots

#police

#justice

#selar



Saturday, November 18, 2023

Nigeria: O Tempora O Mores, Sic Transit Gloria Mundi



Nigeria: O Tempora O Mores, Sic Transit Gloria Mundi

There is an epidemic of intellectual ignorance among the majority of Nigerians in Nigeria, including those who claim to be graduates of tertiary institutions, but are still intellectually challenged in logical and rational analysis of the vicissitudes of life and the essence of human civilization. 

Then there is a facade of conceit and deceit by the elites who are posing and posturing in affluence and opulence of the luxuries of the status symbols of their hypocritical society.
Money can buy lifestyle of luxury.
But money cannot buy class.
You don't need to be rich to have class.
You cannot have class without dignity, integrity and nobility.
You must appreciate the high values of the virtues of life.

A Fraudster can afford to live in a palatial mansion and buy expensive posh cars and SUVs and fly on private jets and dress in Gucci, Dior, Armani.and Versace and drink Champagne. But the Fraudster is still beneath the men and women of dignity, integrity and nobility.
All that glitters is not gold.

You must understand the difference between a life of pretence and a life that is the true essence of human existence.
You must know the difference between fallacy and legacy.

In the next 100 to.1000 years in the world if the Earth is still in existence, students.and scholars will be reading and studying Wole Soyinka and his peers and the intelligentsia of our generation. But all the mobs of the intellectually retarded and multitudes of this generation would be forgotten in the sands of time. 
I know the time frame of everyone and everything in Nigeria and the rest of the world in the history of civilization.

Everyone has a story.
But not everyone will make history.

- Ekenyerengozi Michael Chima,
Author of "The Prophet Lied", "Diary of the Memory Keeper" and other books distributed by Amazon, Barnes and Noble and other booksellers.
Saturday, November 18, 2023 
Lagos, Nigeria.


Monday, October 2, 2023

President Tinubu is Not Smiling


President Tinubu is Not Smiling 

 #NFT by @nigeriadaily on @nftmyimage. 

500 ETH for the entire collection of the first NFT on the present political discussion on the current mood of  President Bola Ahmed Tinubu, GCFR of Nigeria.

#NFTs 

#Tinubu

#Atiku

#Nigeria

#ChicagoStateUniversity

#CSU

#Chicago

View the NFT on the Algorand #blockchain on 

https://nftmyimage.com/@nigeriadaily

https://nftmyimage.com/dsQBPAykALjkWQqCVKzTLg?minted=true

NFTs last longer than photos, videos and films that are not on the blockchain. 

The NFT will be in the decentralized InterPlanetary File System.

Algo for DeFi

As non-fungible tokens (NFTs) become increasingly popular, Algorand paves the way for fast, no forking, and a minimal carbon footprint, ensuring a frictionless and accessible NFT experience for both buyers and sellers.


First NFT on Dr. Tony Elumelu, CFR



I am producing the first NFTs on the most outstanding Nigerian Achievers and other outstanding achievers in the world I call nation builders and optimists of visionary leadership. 

You can see all my NFTs on https://nftmyimage.com/@nigeriadaily

These are the frst NFTs and NFT Series ever done on outstanding Nigerians by a Nigerian artist and writer on the blockchain
I have done the NFTs in Fine Arts photography. 

The art photos are available to Dr. Tony Elumelu to frame them for art decor for his office and residence.
NFTs last longer than photos, videos and films that are not on the blockchain. 

The NFTs will be in the decentralized InterPlanetary File System.






The rotating cube can be screensavers and the cube of his portrait can be made into any size for tables, reception homes, offices and buildings from 1ft square to 50ft square.

Dr  Anthony Onyemaechi Elumelu, MFR,CON, CFR (born 22 March 1963) is a Nigerian economist, and philanthropist. He chairs Heirs Holdings, Transcorp and is the Founder of The Tony Elumelu Foundation.

Following his retirement from the  United Bank for Africa in 2010, Elumelu founded The Tony Elumelu Foundation. The Tony Elumelu Foundation promotes entrepreneurship in Africa. The Tony Elumelu Foundation’s belief that the private sector’s role is critical for Africa’s development is hinged on the economic philosophy of Africapitalism, which was introduced by Elumelu; "that the African private sector has the power to transform the continent through long-term investments, creating both economic prosperity and social wealth.

In 2015, Elumelu committed US$100 million to create 10,000 entrepreneurs across Africa over the next 10 years through the Tony Elumelu Foundation Entrepreneurship Programme - a Pan-African entrepreneurship initiative designed to empower African entrepreneurs through a multi-year programme of training, funding, and mentoring.

Awards and honours:
Elumelu has received recognition and praise for his contributions to business and entrepreneurship.

In 2003, the Federal Government of Nigeria granted Elumelu the title of Member of the Order of the Federal Republic MFR, a national honour.
In 2012, he was awarded the National Honour of Commander of the Order of the Niger CON for his service in promoting private enterprise.
He was awarded the Daily Times, Nigerian man of the year in 2016.
In 2018 and 2019 he was awarded the All-Africa Business Leaders Awards (AABLA) Philanthropist of the Year Award.
Bayero University Kano (BUK) - Honorary Doctor of Business degree in 2019.
He was honored with the National Productivity Order of Merit Award in 2019.
TIME magazine's 100 Most Influential People of 2020.
On 11 October 2022, Elumelu received the National honour of Commander of the Order of the Federal Republic.
 

Wednesday, September 27, 2023

NFT of A Fulani Woman in Lagos

New #NFT

Portrait of A Nomadic Fulani Woman in Lagos

This is an itinerant nomadic Fulani woman who is a native herbalist hawking on the streets of Lagos in Nigeria. I met with her in front of my office on Thursday April 28, 2011. She allowed me to photograph her and she is just one of the numerous nomadic Hausa Fulani women who have been hawking medicinal herbs for decades. She was articulate and bold as we discussed in Pidgin English.

Original Photograph by Ekenyerengozi Michael Chima.
© All rights reserved. No copying, duplication and reproduction in any format of media without the authorization and permission of Ekenyerengozi Michael Chima and International Digital Post Network Limited.

View the NFT Photograph on
https://nftmyimage.com/@nigeriadaily

NFTs last longer than photos, videos and films that are not on the blockchain. 

The NFTs will be in the decentralized InterPlanetary File System.

The NFT and the photograph on art canvas are available for sale.

#Fulani
#Fulaniwoman
#woman
#Nigeria
#Nigerians
#Nomadic
#Photograhy
#Art
#NFTs


https://lnkd.in/dgAhWB3F

Tuesday, September 26, 2023

My New NFT Artworks Minted and Waiting To Be Minted

 

From my Peacock Fantasy Series

Visit my NFTs Art Gallery on https://nftmyimage.com/@nigeriadaily on the Algorand blockchain.

The Scars of Vivian from my V for Vivian Series

Most of the artworks are for sale (except those on the two outstanding Nigerians; Senstor Shehu Sani and Dr. Cletus Madubugwu Ibeto, CON, OON in my NFT Series on Outstanding Nigerians) as NFTs and offline as artworks on art canvas and other formats of media. 
I have NFTs like my "The Signature of God" that can made into sculptures of glass, marble, gold, silver, bronze and ceramic. 

The beautiful young women are among the women in my life since 2006 to date.  Two are now married.

The abstract artworks are totally my original works from my imagination.
I created some of them from methods that will remain my trade secrets.

©All rights reserved. No copying, duplication and reproduction in any format of media without the authorization and permission of Ekenyerengozi Michael Chima and the International Digital Post Network Limited.