What we should be comparing is area equivalent to each country.... if you compare buying food in accra then compare same in lagos.... cos food and house prices in Kumasi are cheaper than accra.... Tamale is also cheaper than Kumasi... I see Nigerians compare another state cost of living to accra... that's very deceptive..
I don't think you really know economics! There is a difference between redenomination and devaluation. Redenomination doesn't change the intrinsic value of a currency. The Italian lira was about 40,000 to a dollar before it was redenominated into euro. Redenomination is for convenience and ease of transaction. Devaluation as the suggests is a change in the value of a currency. What Ghana did was the same as the lira. If redenomination is easy every country will do it.
@@brightadu7887 learn to have a close reading of what I said. I used the lira as an example, so should Italy continue to use the lira? Once a currency has been redenominated, it takes a logic of its own. Redenomination does change the intrinsic value of the currency AT THE TIME T IT redenominated: ECON 102
True! That's why Nigerian traders in Ghana are cashing out 😂. They're able to sell their wares for far more than they could in Nigeria, repatriate the money home, & invest in properties (which are generally cheaper than they are in Ghana).
Sunny, the sad part is Nigerians will not agree they learn from Ghanaians though…they will learn what Ghana do and later will come and try to belittle Ghana and Ghanaians. The reason why the beef between the two countries will never end.
It's not that simple removing the zeros. The economy has to be stable and doing well before you can do that else the zeros will come back within a short time. When ghana did that in 2007, $1 was equivalent to Ghc1, but today it is about 14ghc because of the ailing economy. So, its just not about removing the zeros, it is about putting measures in place to stabilize the economy. first.
Sunny. You are funny but you can just remove the zeros. It depends on a whole lot of other economic factors. Simply removing the zeroes may actually worsen your case and you may come back adding more zeroes😇
I USED TO BUY A LOAF OF BREAD AT 10 KOBO IN LAGOS 1979. THAT TIME NIGERIA 🇳🇬 WAS BETTER THAN 98 % OF COUNTRY'S IN THE WORLD. THE QUESTION IS WHAT HAPPENED?
Nigeria is cursed just like Haiti, nothing they do will be right, with the number of Ghana people they unalived in the 80s in Nigeria and they are happy and gloat over it as “Ghana must go”. Their blood is crying to god everyday on Nigeria 😮
@@SunnymediaSunny my brother Ghana in 60’s is better than Nigeria has ever been not to mention when Ghana is called Gold Coast.When did Nigerians start seeing money that every Nigerian Is hailing 1970’s in their life.What some Ghanaians travel is not about money but hunger.Do you hear right.There plenty of money in Ghana at that time but shortage of food due to Rawlings revolution in 19 78,79.Rawlings again change the old currency to new currency and collect the rich people money by means of giving deadline to when that currency will no more use in Ghana.That new currency Rawlings brought is what we Ghanaians now referred it as old currency.Sunny it a kind of strategy use by every government to steel the country money.Ghana 10 cedes in your hand is 10.Many more zeros was added to it during luff our time in other to steel money in the country.When they steel enough money in the country then they return it to it former currency.So allow them to deceive you.I hope you hear what I said now.peace be with you.I was 15 years when Rawlings came to power so I know what I’m talking about.bye my friend.
I recall buy breakfast, for my two Nigerian friend, they watched me and where like woooo ... and i asked ? Why they that money and spending is a lot of money in Nigerian..all the money i spent was only 248cedis on the 3 of us..
you have to google exactly what makes a country's currency depreciate.after that you should ask yourself whether any of those factors affect your country and whether your country's government can just appreciate your currency or it must meet certain measures before it can appreciate the currency ?
Let me tell you something you don't know. 100 dollars when converted into Niara, buys far more things than what it's cedi equivalent can do in Ghana. You're asking for a cosmetic dressing of your currency that you may eventually regret. For example, no Ghanaian public sector worker is paid in several hundreds of thousands or even in millions as pertains in Nigeria. Some are paid in JUST hundreds of cedis or a few thousands. Everything is comparatively CHEAPER in Nigeria.
LOL! You sound like a joke. Of course Dollars when converted into Naira will get you more stuff to buy simply owing to the fact that Naira has a much lesser value than the Cedi. The Ghanaian Cedi currently is the 3rd strongest currency in Africa.
@@JonGreeny You sound like an idiot wai. Strong currency with poor domestic purchasing power, is that one too a currency? That currency was given a cosmetic dressing which was so badly done that certain small denominations were completely phased out. Don't you know that it is one of the main reasons why commodity prices have been set on a rapid upward trajectory? Use your brain!
@@mila2742 The usage of sophisticated terms doesn't make your argument any more valid or impressive. How can Nigerians have more purchasing power when their currency compared to the Ghanaian Cedi against the US Dollar has a lower exchange rate? If I had Ghanaian Cedis, moved to Nigeria and converted it into Naira wouldn't that buy me more stuff in Nigeria than the locals as it has a higher exchange rate against the US Dollar compared to Naira? Mtseeeeeeewwwww.......
@@JonGreeny Do you know the minimum wage in Nigeria in relation to that of Ghana? I have experienced both countries & also experienced Ghana before & after the re-denomination so I know what I'm talking about. Average working class Nigerians are paid in hundreds of thousands & even millions at times whereas the average Ghanaian public sector worker earns an average of 25,00-5,000. In fact, some people are paid in hundreds of cedis (less than 1,000). Therefore, on what basis are we doing the comparison? Yes, our Cedi is stronger in principle (because it's been given a cosmetic facelift through the removal of 4zeros). However, a Nigerian teacher for example, living in Nigeria & being paid the naira equivalent of a Ghanaian teacher's salary, will be FAR BETTER economically than the Ghanaian. AM I RIGHT or WRONG? Comparatively, ours is a 'worthless Strong Currency'. Thanks for your understanding.
Do you think removing zeros from the naira will make it valuable like Ghana Cedis? 0.50 pesewas is 58.58 in naira, i hope you get my point. now 10 pesewas is equivalent to 11.72 naira, just check the rate you understand my point. Naira can never be the same as cedis if you remove the zeros
So now u Nigerians, u dey see, if u people get up u talk sey u people dey senior ghana, Ghana be your junior brother, u see sey size no dey matter , na common sense dey matter here, u people will learn this method and five years, ten years u people go come talk u rather teach ghana, Anya, nyah nyah nyah talking people
SUNNY MEDIA this question comes to you.why is it that a countries like Britain/USA/ and Euro currency 💵 are valuable?? are they removed their zeros you are talking about it now?? If yes, why it's not easy for your country Nigeria 🇳🇬 do thesame according to your teach on your own platform?????
It's not that simple. One can only do that if the economy is stable and doing well as Ghana did in 2007 under Kufuor else the zeros will come back within a short time and worsen the economy. That explains why ECOWAS common currency seems not to materialize because most economies in WA aren't doing well.
In America 🇺🇸 100 dollars can’t buy reasonable things but same 100 dollars can buy a whole lot in Nigeria 🇳🇬 so will you say Nigeria is better than America 🇺🇸 😂
As a Ghanaian watching this video, It’s true Nigeria removing 000 would help them equalize Ghana in the value of currency but however that also means there would be cost of living everything would be so damn expensive like it is now in Ghana 🇬🇭 so if you are buying junk food for example like 100 Naira you should know that Junk food would be 100k Naira chnaged to the new currency that would be 100 Naira in future and a lot of people would’nt be able to afford it unless there is Constance job that’s paying per hour like we want to happen in Ghana 🇬🇭 and we are campaigning for and also a 24 hour shift job that’s the only way changing the currency would be valuable and helpful to its citizens and may even surpass cefa which is the high value currency in Africa and may even lock horns with the USD 💵
@@Sunnymedia for sure, with Ghana we Ghanaians see it to be a way of the government taking money from u the fastest cos when u have those money it makes ur money run fast by doing a little spending. Nigerians have no idea bcos their currency is less than Gh cedis, the little stuff and goods that is expensive in Ghana most Ghanaians run to Nigeria 🇳🇬 and buy it cheap then come sell it at high price in Ghana and due to that Nigeria is gaining marketing strategy not only in their country but in Ghana too for example most people are getting mad at Nigerian shop owners in Ghana not for hate tho but bcos most shop owners in Ghana order their goods in foreign countries which is the same goods as Nigerian goods for example a Ghanaian usually sells phone cover for GHS 40 but a Nigerian shop in Ghana 🇬🇭 sells it half of that price which is GHS 20, to the Nigerian it might be up to GHS 3 to 5 for a cover in his country where he buys them so to him he’s making profits but to a Ghanaian that is causing him to lose customers bcos people are buying from their Nigerian customers so the Nigerian in a nutshell would be making much more than the person selling 40 cedis mind you the quantity makes the most sale so for them making their currency like our own is half good half bad unless there is the 24hr job shift and payment per hour even if it’s 100 Naira for a job, that’s what Ghana is lacking now and has made most of our youth flee the country because changing the currency to simple notes have done nothing for our economy but harden it when there is no constant job running for youth and the monthly payment sucks imagine working for someone 12hrs a day for 30 days just to get about 700 to 1gh when rent alone is about 3 to 6k for a single room saaf, omo light 💡 bills no come yet oo, water,food, transportation, your phone go need airtime everyday clothing etc. damn working in Africa is more of a slavery than the white even enslaved our people the white man wont give you 12hr work a day and even if you get the 12 to 16 hrs a day you are only working 3 days in a week and getting paid per hour. Nobody uses the Blackman like doormat than his own Blackman
With hundred naira, you buy a plate of Koko or akamu (pap) in Lagos or anywhere in Nigeria. The value of money is what money can buy. Therefore, it's cheaper to live in Nigeria 🇳🇬 than banku republic 🤣🤣🤣🤣🤣
In America 🇺🇸 100 dollars can not buy you plenty things but change the same 100 dollars to Naira it can buy you a whole lot in Nigeria 🇳🇬 so does it mean Nigeria is better than America 🇺🇸????🤔🤔🫤🫤
Ahh 😂😂 you said these whole money is 10 cedis? I don't know much about the naira note, are you really serious Sunny 😂😂. In fact when I heard 10ghc I laughed o 🤣🤣 I said ahhh!😂😂😂 I don't believe you 😂😂😂
It’s true but if you are spending Ghana cedis in Ghana 🇬🇭 you need about 100k cedis and above to make your life kicking cos everything is now expensive in n Ghana however if you are a Nigerian making cedis in Ghana and you work hard and send even 500gh home to Nigerians you are a rich man so imagine a Nigerian holding a 100k cedis and move back to Nigeria 🇳🇬 he can establish big company and invest well and make more in addition that’s the only advantage otherwise in Ghana it will finish like in a week 😂
Koko is Northern Nigerian food, you as igbo man I'm sure you did not eat it in Nigeria but you do in Ghana Ghana is the only country where Hausa food is eaten by all Ghanians Northern Nigerian descendants live in Northern Ghana they brought their food and culture to Ghana and we're accepted
U guys are so funny o , well u lack economic and banking sense . Wats the value of the cedis in Ghana , how much does an average Ghanaian earns , what's the living standard of an average Ghanaian , wat can an average Ghanaian achieve, all these as compared to an average Nigerian making a living in Nigeria and u will understand better. The dollar is also high and still of good value in America, an average American can afford a very decent life style. But this can't be said of an average Ghanaian. The removal of 3 zeros from the Ghanaian currency didn't necessarily improve the value of cedis in Ghana, it's just like wearing a heavy makeup just to look good outside while in actual sense u still very ugly .
If 10 cedis equivalent to 1000 naira can buy a plate of koko (akamu) in Ghana, my brother, it can buy 10 plates in Nigeria. Abeg, Nigeria 🇳🇬 better pass Ghana.
Is that how you are checking it my brother Do you know that in America $100 dollars can just buy small items but change the 100 dollar in Naira it can buy you a lot of things in Nigeria 🇳🇬 so does it mean Nigeria is better than America 🇺🇸??????🤔🤔🤔
@@Sunnymediayou see why I love you . Just tell them the truth . Some of Nigerians don’t like to learn . If not the cedi even depreciated like it will be more my dear . If they like they should not fight the government to change things . In Ghana those of us abroad and even home we are fighting them back to back to change things we are in their neck . You live in Ghana and you know how we can be on their neck
Look it doesn't work as easy as it sounds Before we were able to remove those zeroes from the cedi, the cedi was equivalent to the dollar. That means 1 cedi was equal to 1 dollar but in your case it's different. I don't know why you think you can just wakeup oneday and starts removing zeroes from your currency all because it's weak. You cannot tell me you know more than your economic team so,if it looks as easy as it is why are they not doing it??
You can't copy blindly ooh, y'all be careful about this move. Naira is not cedi. Sierra Leone copied Ghana blindly like you are suggesting to your government to do and their currency is now worse than it was before denomination exercise. If you do it and you are not able to control the exchange rate efficiently, you will only jump from frying pan to fire, the exercise will eventually be counterproductive.
But why are things too expensive in Ghana? But things are so affordable in Nigeria! No wonder Ghanaian traders see Nigeria as their Dubai where they go to buy goods and sell it in Ghana.
Yes Ghanaian traders are taking advantage of your weak currency. With their Ghanaian cedis they can buy more at cheap rate and sell in Ghana, getting huge profits. If GHC1000 is about N130,000 in Nigeria. And the latter seems a lot in Naija, imagine how much 1 can buy with the former.
Also things seems to be cheaper in Nigeria because of maybe the huge market availability. This results in competitive pricing of goods and services. And this is only an advantage to some1 trading or coming into Nigeria with a higher exchange rate. Those things u perceive cheap are frankly exorbitant to the ordinary Nigerian who is paid less than 10gh a day.
Can u look at ur analysis..10ghana. Cedis according to u can o ly buy koko,which is equivalent to 1000 naira.which inturn to be used to buy more than koko in Nigeria... So study ur analysis very well..nigeria economy bis very sound and strong to be compared to ghana economy.ghana just did redinomition ,like what italy did that collapse there money to euro.. B4 40,000 italy money is equivalent to 1dolar b4 . So u are totaly wrong.
In today’s video I’m not talking about the economy of the currencies, I’m simply saying that our money is too many they should reduce some of them to coins and remove some zeros from some of them. I simply loves the way Ghana did their’s
What? Im shocked. All this money for only 10gcd ?? What is happening to Nigeria. Hmmm Ghanaians should appreciate what we have ooo and stop complaining too much
Nigerians your education is highly seriously bad. There's no country in Africa which has the highest mobile interoperability rate than Ghana. Do you know what that means? Average Ghanaian can sit at home and do every transaction on his mobile phone including buying electricity.
@@zigibeat3689let them play . My junior sis 17 years paid her visa fee online . I sent her the money to her account and I ask her to pay I was thinking it late so I was like Monday go and pay . She was like I have paid it then I ask her how she said she did it online . Same too her passport she paid online and went the next day to do the process . Only my old lady carry money in the house even her she get momo just that she can’t access at times so my siblings will do for her
@@Sunnymediaeven most banks have apps . I don’t remember the last time my siblings will go to bank and withdraw money it link to their account . If I send money from my end since am not in the country they have linked to their account and number plus their Ghana card so no need to go to bank . My little sister paid her visa fee online today no need to go to the bank . ❤❤❤❤❤
Leave those ignorant Nigerians, they behave uneducated about what's currently going on in other African countries. I'm in the diaspora n I have my bank account linked to my momo account in Ghana. I pay all the family bills through the bank. I order building materials directly from sellers and they are delivered on site whiles I stay abroad. Cashless is not only making transactions with the POS or electronic cards. Ghana is soo much advancing than other west African counterparts .
What is dis all about stop this whole lot of things us something else to create content every country has there own currency and it has values for them so stop all this
No wonder that is why Nigeria's always spray money on occasions😂😂
Although it depends on the occasion😂 some occasions they spray big numbers of the currency
Nigeria's AMERICA is Ghana that's why 😅😅😅
I am a Ghana but am sorry for Nigeria 🇳🇬, it shall be over soon,it happens to ever countries once a while,it shall be over soon.
Amen ooo
What we should be comparing is area equivalent to each country.... if you compare buying food in accra then compare same in lagos.... cos food and house prices in Kumasi are cheaper than accra.... Tamale is also cheaper than Kumasi... I see Nigerians compare another state cost of living to accra... that's very deceptive..
I don't think you really know economics! There is a difference between redenomination and devaluation. Redenomination doesn't change the intrinsic value of a currency. The Italian lira was about 40,000 to a dollar before it was redenominated into euro. Redenomination is for convenience and ease of transaction. Devaluation as the suggests is a change in the value of a currency. What Ghana did was the same as the lira. If redenomination is easy every country will do it.
I see 👍👑
You're right about re-denomination & devaluation. However, our re-denomination has led to systematic devaluation of our cedi @ an astronomical rate.
Then carry the old currency alongside the new currency to do your transaction since you claim they are the same.
@@brightadu7887 learn to have a close reading of what I said. I used the lira as an example, so should Italy continue to use the lira? Once a currency has been redenominated, it takes a logic of its own. Redenomination does change the intrinsic value of the currency AT THE TIME T IT redenominated: ECON 102
Before the redenomination the cedis was higher than the dollars. And what is stopping nigeria from doing same ?
I would like to take cedis to Nigeria as things in Ghana are really costly
True! That's why Nigerian traders in Ghana are cashing out 😂. They're able to sell their wares for far more than they could in Nigeria, repatriate the money home, & invest in properties (which are generally cheaper than they are in Ghana).
Sunny, the sad part is Nigerians will not agree they learn from Ghanaians though…they will learn what Ghana do and later will come and try to belittle Ghana and Ghanaians.
The reason why the beef between the two countries will never end.
Hahahaha 😆
Hahahaha 😆
It's not that simple removing the zeros. The economy has to be stable and doing well before you can do that else the zeros will come back within a short time. When ghana did that in 2007, $1 was equivalent to Ghc1, but today it is about 14ghc because of the ailing economy. So, its just not about removing the zeros, it is about putting measures in place to stabilize the economy. first.
🤔🤔🤔🤔🤔🤔
We will bounce back soon . I hope our cedi even do better
Bro Sunny ur Update dey give me joy always
❤️❤️❤️❤️❤️❤️
What can u buy with that same money in Nigeria?
Sunny. You are funny but you can just remove the zeros. It depends on a whole lot of other economic factors. Simply removing the zeroes may actually worsen your case and you may come back adding more zeroes😇
Hahahaha 😆
My in ooh awww Nigeria all that money is equal to koko in ghana 😂😂😂😂
SERIOUS 😮
Yea
So u mean one is 10pesewas? Owww God😂😂😂😂😂😂
Yes 😆
I USED TO BUY A LOAF OF BREAD AT 10 KOBO IN LAGOS 1979. THAT TIME NIGERIA 🇳🇬 WAS BETTER THAN 98 % OF COUNTRY'S IN THE WORLD. THE QUESTION IS WHAT HAPPENED?
I wish Nigeria 🇳🇬 was like it was in the 70’s
@@sonofafrica514 YES OOOO. THANKS
Nigeria is cursed just like Haiti, nothing they do will be right, with the number of Ghana people they unalived in the 80s in Nigeria and they are happy and gloat over it as “Ghana must go”. Their blood is crying to god everyday on Nigeria 😮
That was when Nigeria is like Europe na before we started having armed rubbers as president 😂
@@SunnymediaSunny my brother Ghana in 60’s is better than Nigeria has ever been not to mention when Ghana is called Gold Coast.When did Nigerians start seeing money that every Nigerian Is hailing 1970’s in their life.What some Ghanaians travel is not about money but hunger.Do you hear right.There plenty of money in Ghana at that time but shortage of food due to Rawlings revolution in 19 78,79.Rawlings again change the old currency to new currency and collect the rich people money by means of giving deadline to when that currency will no more use in Ghana.That new currency Rawlings brought is what we Ghanaians now referred it as old currency.Sunny it a kind of strategy use by every government to steel the country money.Ghana 10 cedes in your hand is 10.Many more zeros was added to it during luff our time in other to steel money in the country.When they steel enough money in the country then they return it to it former currency.So allow them to deceive you.I hope you hear what I said now.peace be with you.I was 15 years when Rawlings came to power so I know what I’m talking about.bye my friend.
All this money can buy toothbrush in Ghana I tell you😂😂😂😂😂😂😂. What a pity
😆
Really
Yes oo
We pray for a better Africa 😢
❤️❤️❤️❤️❤️❤️❤️❤️❤️
I recall buy breakfast, for my two Nigerian friend, they watched me and where like woooo ... and i asked ? Why they that money and spending is a lot of money in Nigerian..all the money i spent was only 248cedis on the 3 of us..
you have to google exactly what makes a country's currency depreciate.after that you should ask yourself whether any of those factors affect your country and whether your country's government can just appreciate your currency or it must meet certain measures before it can appreciate the currency ?
Ghanaian Currency is the same as euros 💶, pounds💷 and dollar 💵 but it depends on how the Value is in Market….
Aaahhh😢😢
😂
Buy u coco in Ghana 😂😂😂😂🤣🤣🤣🤣🤣🤣🤣
BRING BACK THE KOBO'S. PLEASE 🙏 🙏 🙏. THANKS.
Exactly oo👍👍👍❤️❤️
But on a serious note Nigerians especially the youth must wake up and let those at certain positions in the country sit up.
Yes oo 👍👍👍
Let me tell you something you don't know. 100 dollars when converted into Niara, buys far more things than what it's cedi equivalent can do in Ghana. You're asking for a cosmetic dressing of your currency that you may eventually regret.
For example, no Ghanaian public sector worker is paid in several hundreds of thousands or even in millions as pertains in Nigeria. Some are paid in JUST hundreds of cedis or a few thousands. Everything is comparatively CHEAPER in Nigeria.
LOL! You sound like a joke. Of course Dollars when converted into Naira will get you more stuff to buy simply owing to the fact that Naira has a much lesser value than the Cedi. The Ghanaian Cedi currently is the 3rd strongest currency in Africa.
@@JonGreeny You sound like an idiot wai. Strong currency with poor domestic purchasing power, is that one too a currency? That currency was given a cosmetic dressing which was so badly done that certain small denominations were completely phased out. Don't you know that it is one of the main reasons why commodity prices have been set on a rapid upward trajectory? Use your brain!
@@JonGreeny Joke's on you! Use your brain, it's free.
@@mila2742 The usage of sophisticated terms doesn't make your argument any more valid or impressive. How can Nigerians have more purchasing power when their currency compared to the Ghanaian Cedi against the US Dollar has a lower exchange rate? If I had Ghanaian Cedis, moved to Nigeria and converted it into Naira wouldn't that buy me more stuff in Nigeria than the locals as it has a higher exchange rate against the US Dollar compared to Naira? Mtseeeeeeewwwww.......
@@JonGreeny Do you know the minimum wage in Nigeria in relation to that of Ghana? I have experienced both countries & also experienced Ghana before & after the re-denomination so I know what I'm talking about. Average working class Nigerians are paid in hundreds of thousands & even millions at times whereas the average Ghanaian public sector worker earns an average of 25,00-5,000. In fact, some people are paid in hundreds of cedis (less than 1,000). Therefore, on what basis are we doing the comparison? Yes, our Cedi is stronger in principle (because it's been given a cosmetic facelift through the removal of 4zeros). However, a Nigerian teacher for example, living in Nigeria & being paid the naira equivalent of a Ghanaian teacher's salary, will be FAR BETTER economically than the Ghanaian. AM I RIGHT or WRONG? Comparatively, ours is a 'worthless Strong Currency'. Thanks for your understanding.
Do you think removing zeros from the naira will make it valuable like Ghana Cedis? 0.50 pesewas is 58.58 in naira, i hope you get my point. now 10 pesewas is equivalent to 11.72 naira, just check the rate you understand my point. Naira can never be the same as cedis if you remove the zeros
Thats why you people day throw money for your wedding like joke....
🤪
So now u Nigerians, u dey see, if u people get up u talk sey u people dey senior ghana, Ghana be your junior brother, u see sey size no dey matter , na common sense dey matter here, u people will learn this method and five years, ten years u people go come talk u rather teach ghana, Anya, nyah nyah nyah talking people
SUNNY MEDIA this question comes to you.why is it that a countries like Britain/USA/ and Euro currency 💵 are valuable?? are they removed their zeros you are talking about it now?? If yes, why it's not easy for your country Nigeria 🇳🇬 do thesame according to your teach on your own platform?????
It's not that simple. One can only do that if the economy is stable and doing well as Ghana did in 2007 under Kufuor else the zeros will come back within a short time and worsen the economy. That explains why ECOWAS common currency seems not to materialize because most economies in WA aren't doing well.
🤷♂️🤷♂️
My brother you said this Nigeria money you are holding can buy koko in Ghana, what will the same money buy in Nigeria?
In America 🇺🇸 100 dollars can’t buy reasonable things but same 100 dollars can buy a whole lot in Nigeria 🇳🇬 so will you say Nigeria is better than America 🇺🇸 😂
😂😂
That's reasonable
No coins cos the value of the currency has fallen ...it is done to make it easier to carry around
But still ghana money is bigger than Nigeria money 💶💵💶💷💸💴💰
Yea especially now but not in the same case when it comes to the purchasing power 👍
How?
Exactly what you saw and heard oo hahahaha 😂😂😂😂 you are surprised 😆
@@Sunnymedia yes am surprise ooo bro🤣🤣
Eeeiiiiiii!!!!
😂
Beans and gari
Lol 😆 🤣 😂
As a Ghanaian watching this video, It’s true Nigeria removing 000 would help them equalize Ghana in the value of currency but however that also means there would be cost of living everything would be so damn expensive like it is now in Ghana 🇬🇭 so if you are buying junk food for example like 100 Naira you should know that Junk food would be 100k Naira chnaged to the new currency that would be 100 Naira in future and a lot of people would’nt be able to afford it unless there is Constance job that’s paying per hour like we want to happen in Ghana 🇬🇭 and we are campaigning for and also a 24 hour shift job that’s the only way changing the currency would be valuable and helpful to its citizens and may even surpass cefa which is the high value currency in Africa and may even lock horns with the USD 💵
What you said really makes a lot of sense ❤️❤️
@@Sunnymedia for sure, with Ghana we Ghanaians see it to be a way of the government taking money from u the fastest cos when u have those money it makes ur money run fast by doing a little spending. Nigerians have no idea bcos their currency is less than Gh cedis, the little stuff and goods that is expensive in Ghana most Ghanaians run to Nigeria 🇳🇬 and buy it cheap then come sell it at high price in Ghana and due to that Nigeria is gaining marketing strategy not only in their country but in Ghana too for example most people are getting mad at Nigerian shop owners in Ghana not for hate tho but bcos most shop owners in Ghana order their goods in foreign countries which is the same goods as Nigerian goods for example a Ghanaian usually sells phone cover for GHS 40 but a Nigerian shop in Ghana 🇬🇭 sells it half of that price which is GHS 20, to the Nigerian it might be up to GHS 3 to 5 for a cover in his country where he buys them so to him he’s making profits but to a Ghanaian that is causing him to lose customers bcos people are buying from their Nigerian customers so the Nigerian in a nutshell would be making much more than the person selling 40 cedis mind you the quantity makes the most sale so for them making their currency like our own is half good half bad unless there is the 24hr job shift and payment per hour even if it’s 100 Naira for a job, that’s what Ghana is lacking now and has made most of our youth flee the country because changing the currency to simple notes have done nothing for our economy but harden it when there is no constant job running for youth and the monthly payment sucks imagine working for someone 12hrs a day for 30 days just to get about 700 to 1gh when rent alone is about 3 to 6k for a single room saaf, omo light 💡 bills no come yet oo, water,food, transportation, your phone go need airtime everyday clothing etc. damn working in Africa is more of a slavery than the white even enslaved our people the white man wont give you 12hr work a day and even if you get the 12 to 16 hrs a day you are only working 3 days in a week and getting paid per hour. Nobody uses the Blackman like doormat than his own Blackman
With hundred naira, you buy a plate of Koko or akamu (pap) in Lagos or anywhere in Nigeria. The value of money is what money can buy. Therefore, it's cheaper to live in Nigeria 🇳🇬 than banku republic 🤣🤣🤣🤣🤣
In America 🇺🇸 100 dollars can not buy you plenty things but change the same 100 dollars to Naira it can buy you a whole lot in Nigeria 🇳🇬 so does it mean Nigeria is better than America 🇺🇸????🤔🤔🫤🫤
@@Sunnymedia I don comment my opinion finish,if you no like am, please contact your local police!
Ahhh how possible😂
😂😂
Is not easy to do like you are saying. It involves a lot of money to do that.
Wow 😮
Ahh 😂😂 you said these whole money is 10 cedis?
I don't know much about the naira note, are you really serious Sunny 😂😂. In fact when I heard 10ghc I laughed o 🤣🤣 I said ahhh!😂😂😂
I don't believe you 😂😂😂
It’s truth oo😆😆😆😆😆😆 don’t laugh and forget ur shoes in my room oo😂😂
😂😂😂😂😂 hi guys how are you
What can 10 Naira buy in Nigeria?
Hmmm 🤔 nothing oo 🤔 pure water is 20 naira
10 naira = Gha 0.099 cedis , so hundred pieces of 10 naira, will give Ghc 9.9 , and that 10 naira can't even buy a 📌 in Ghana
Please kindly handle our Cedis well..
😂😂😂😂 how I’m I handling it 🤷♂️🤷♂️
Gone were those days when my monthly salary was sixty Naira
And that 60 Naira can buy a lot right 😆😆
And that 60 Naira can buy a lot then right 😂
100.000 naira to GHANA CEDIS IS 806.50 GHS. So its NOT even up to 820 GHS
So unbearable 😢
@@Sunnymedia currently bro 😐
How
Hahahaha 😆😆😆
The whole money is 10 cedis are you surprised 😆😆😂😂😂😂
Yeah, I am surprise u are all that money is 10gh. How I don't understand the nigerian currency
So that one not of the 10naira is what in ghana cedis
For now Nothing ooo😂😂😂😂😂 they can't buy anything oo
😆😆😆😆😆
Ah ah! Is it not naira? Oh then it can buy only chupa chop toffee or alewa
😆
How is 10naira a note and not a coin. How can u put 100pcs of 10naira in ur pocket.
Hahahaha 😂 exactly what I’m saying oo
It’s true but if you are spending Ghana cedis in Ghana 🇬🇭 you need about 100k cedis and above to make your life kicking cos everything is now expensive in n Ghana however if you are a Nigerian making cedis in Ghana and you work hard and send even 500gh home to Nigerians you are a rich man so imagine a Nigerian holding a 100k cedis and move back to Nigeria 🇳🇬 he can establish big company and invest well and make more in addition that’s the only advantage otherwise in Ghana it will finish like in a week 😂
Ahh if I get 100k cedis now hmm bye bye 👋 to poverty oo in Nigeria 🇳🇬 😆❤️
Please what is 100 cedis in Nigeria
10k Naira
Please can you tell me ?
@@Sunnymedia wow
10 naira = Gha 0.099 cedis , so hundred pieces of 10 naira, will give Ghc 9.9 , and that 10 naira can't even buy a 📌 in Ghana
Do Nigerians have an economics?
You mean coins??🤔
😂😂😂😂
😂
Koko is Northern Nigerian food, you as igbo man I'm sure you did not eat it in Nigeria but you do in Ghana
Ghana is the only country where Hausa food is eaten by all Ghanians
Northern Nigerian descendants live in Northern Ghana they brought their food and culture to Ghana and we're accepted
Are you saying Southern Nigerians don’t eat food from the North?
Deceptive analysis. 😂
So if i want to got cash ghc10.000.00 in Nigeria how many Ghana must go do i need to carry to the Bank.???😂😂😂😂😂
Hahahaha 😂
You will need their bullion Van lol😂😂😂😂
@@yahayaisaac5304 with some military excot
U guys are so funny o , well u lack economic and banking sense . Wats the value of the cedis in Ghana , how much does an average Ghanaian earns , what's the living standard of an average Ghanaian , wat can an average Ghanaian achieve, all these as compared to an average Nigerian making a living in Nigeria and u will understand better.
The dollar is also high and still of good value in America, an average American can afford a very decent life style. But this can't be said of an average Ghanaian.
The removal of 3 zeros from the Ghanaian currency didn't necessarily improve the value of cedis in Ghana, it's just like wearing a heavy makeup just to look good outside while in actual sense u still very ugly .
Stop abusing our currency young man, I know you prefer to use the least denomination for what ever reason, well, that's for you.
If 10 cedis equivalent to 1000 naira can buy a plate of koko (akamu) in Ghana, my brother, it can buy 10 plates in Nigeria. Abeg, Nigeria 🇳🇬 better pass Ghana.
Is that how you are checking it my brother
Do you know that in America $100 dollars can just buy small items but change the 100 dollar in Naira it can buy you a lot of things in Nigeria 🇳🇬 so does it mean Nigeria is better than America 🇺🇸??????🤔🤔🤔
@@Sunnymediayou see why I love you . Just tell them the truth . Some of Nigerians don’t like to learn . If not the cedi even depreciated like it will be more my dear . If they like they should not fight the government to change things . In Ghana those of us abroad and even home we are fighting them back to back to change things we are in their neck . You live in Ghana and you know how we can be on their neck
@@mamejoe2043 Ghana is living on borrowed money, very soon reality will dawn on you guys.
@@godsanointed3397 we shall see who reality catches up with
Still, ajim maczy is making videos bashing Ghana 😮😮😢
😂
That guy is dead news 😂😂😂
Look it doesn't work as easy as it sounds
Before we were able to remove those zeroes from the cedi, the cedi was equivalent to the dollar. That means 1 cedi was equal to 1 dollar but in your case it's different. I don't know why you think you can just wakeup oneday and starts removing zeroes from your currency all because it's weak. You cannot tell me you know more than your economic team so,if it looks as easy as it is why are they not doing it??
I see 🤔
Stop misfolding our cedis.
Are you normal at all??
You can't copy blindly ooh, y'all be careful about this move. Naira is not cedi. Sierra Leone copied Ghana blindly like you are suggesting to your government to do and their currency is now worse than it was before denomination exercise.
If you do it and you are not able to control the exchange rate efficiently, you will only jump from frying pan to fire, the exercise will eventually be counterproductive.
It’s the frying pan to fire 🔥 for me 😆😂😂😂😂 I laugh so hard 😆😆
This is Not true
The money is more than 10gh. Explain to us more
What is Not true? Ahh ! Do your research before commenting pls
10 naira = Gha 0.099 cedis , so hundred pieces of 10 naira, will give Ghc 9.9 , and that 10 naira can't even buy a 📌 in Ghana
You mean Nigeria dont have coins ??
We don’t oo that’s the most annoying part
But why are things too expensive in Ghana? But things are so affordable in Nigeria! No wonder Ghanaian traders see Nigeria as their Dubai where they go to buy goods and sell it in Ghana.
@@esther2462 just go back and see things for your self Nigeria is hard all the citizens are on the street demonstration agents the Government
Yes Ghanaian traders are taking advantage of your weak currency. With their Ghanaian cedis they can buy more at cheap rate and sell in Ghana, getting huge profits. If GHC1000 is about N130,000 in Nigeria. And the latter seems a lot in Naija, imagine how much 1 can buy with the former.
Also things seems to be cheaper in Nigeria because of maybe the huge market availability. This results in competitive pricing of goods and services. And this is only an advantage to some1 trading or coming into Nigeria with a higher exchange rate. Those things u perceive cheap are frankly exorbitant to the ordinary Nigerian who is paid less than 10gh a day.
Can u look at ur analysis..10ghana. Cedis according to u can o ly buy koko,which is equivalent to 1000 naira.which inturn to be used to buy more than koko in Nigeria...
So study ur analysis very well..nigeria economy bis very sound and strong to be compared to ghana economy.ghana just did redinomition ,like what italy did that collapse there money to euro..
B4 40,000 italy money is equivalent to 1dolar b4 .
So u are totaly wrong.
In today’s video I’m not talking about the economy of the currencies, I’m simply saying that our money is too many they should reduce some of them to coins and remove some zeros from some of them. I simply loves the way Ghana did their’s
Dey play
If redinomition is easy then do. Not all countries can do it.
What? Im shocked. All this money for only 10gcd ?? What is happening to Nigeria.
Hmmm Ghanaians should appreciate what we have ooo and stop complaining too much
😂😂😂
Bro are you sure? Then nigeria is seriously ill.
Serious oo
U dnt knw what Ur talking about..go back and do ur research.
Mind u that Nigeria is in cashless unlike Ghana
Nigerians your education is highly seriously bad.
There's no country in Africa which has the highest mobile interoperability rate than Ghana. Do you know what that means?
Average Ghanaian can sit at home and do every transaction on his mobile phone including buying electricity.
Ghana has what is called mobile money transactions too. It’s also cashless transactions
@@zigibeat3689let them play . My junior sis 17 years paid her visa fee online . I sent her the money to her account and I ask her to pay I was thinking it late so I was like Monday go and pay . She was like I have paid it then I ask her how she said she did it online . Same too her passport she paid online and went the next day to do the process . Only my old lady carry money in the house even her she get momo just that she can’t access at times so my siblings will do for her
@@Sunnymediaeven most banks have apps . I don’t remember the last time my siblings will go to bank and withdraw money it link to their account . If I send money from my end since am not in the country they have linked to their account and number plus their Ghana card so no need to go to bank . My little sister paid her visa fee online today no need to go to the bank . ❤❤❤❤❤
Leave those ignorant Nigerians, they behave uneducated about what's currently going on in other African countries. I'm in the diaspora n I have my bank account linked to my momo account in Ghana. I pay all the family bills through the bank. I order building materials directly from sellers and they are delivered on site whiles I stay abroad. Cashless is not only making transactions with the POS or electronic cards. Ghana is soo much advancing than other west African counterparts .
I don't even understand this guy...what are you chasing?🤣🤣🤣🤣
What is dis all about stop this whole lot of things us something else to create content every country has there own currency and it has values for them so stop all this
How can you say this whole money is 10gh. You are misleading. I’m a Ghanaian but I don’t believe this.
Do your research before commenting please
10 naira = Gha 0.099 cedis , so hundred pieces of 10 naira, will give Ghc 9.9 , and that 10 naira can't even buy a 📌 in Ghana
10 naira = Gha 0.099 cedis , so hundred pieces of 10 naira, will give Ghc 9.9 , and that 10 naira can't even buy a 📌 in Ghana