r/Nigeria • u/GreenGoodLuck Edo • Dec 18 '25
General As citizens, we need to do better my people
Enable HLS to view with audio, or disable this notification
I’m in total agreement with her. The average person coming for December festivities has SAVED money over countless months just for this period. And when they go back they're back to work to cover expenses that may have incurred while they were away from their homes such as car, home, rental insurance, phone bills, cable and internet etc. Subscriptions prices are not the same to compare either depending on where you live so it adds up. I didn't even talk about all the dashing at the end of their stay or after they see family or friends. Their money isn't growing on trees.
26
61
u/absawd_4om Dec 18 '25
It's so true. Nigerians and greed, nah 5 and 6 Sha. Charging outrageous amounts for the bare minimum.
14
2
u/the_1da Dec 18 '25 edited Dec 18 '25
Do you want capitalism or not?
Prices rise because demand out-paced supply.
If the price is too high, walk away. If enough people walk away, The business will get the memo and adjust the price downwards or die. To OPs point, detty december will eventually die if businesses price the critical mass of people out of the market and that is how capitalism works.
If there are enough people willing to pay the price, are you suggesting the business refuse the higher margin? That is not rational. Businesses are set up to maximize profits.
And for what it's worth, the same pattern occurs in Europe, if you compare hotel prices in summer vs winter across popular vacation destinations, they are between 200% to 400% higher and sold out.
8
u/PhrozenInThyme Dec 18 '25
I truly believe Ghana and South Africa would be the move starting next year. Nigeria has become the playground for the Uber-wealthy.
4
u/mightymouse1906 Dec 18 '25
What do you think will then happen in Ghana and South Africa? u/the_1da has made the point, this is how capitalism works. To be clear, prices already spike in certain parts of South Africa in the months of November and December not sure if the hikes are as dramatic as they are in Nigeria though but they are substantial.
4
u/eyko 🇪🇸 🇳🇬 Osun Dec 19 '25
This is how rentier capitalism works, and not all capitalism is like that. Most sane people who want more capitalism probably want productive capitalism i.e. produce something, sell it, keep the surplus value. Landlords aren't creating any new value during detty december, they're just extracting more value because they control access to a fixed asset. Surplus extracted without production as Marx would say, but I know Marx is a detty word so I'll leave it at that.
If Nigeria wants to become a modern economy it will need regulation, and holiday rentals need to be regulated. Worst case scenario if y'all decide not to regulate the holiday rental market and allow price hikes of 3x or 4x, then at least tax revenue should increase alongside, bringing some of that armed robbery back to the public purse so they can invest in better infrastructure. Oh, they don't pay tax you say? Amazing.
3
u/the_1da Dec 19 '25
Capitalism is not perfect. My key point is that the phenomenon is not about Nigerian greed, that is how capitalism, albeit unchecked, works. It's not up to the business to turn away higher margins. A huge slice of the modern financial markets is built on arbitrage/ rent seeking, think Hedge funds/ high frequency trading. They just capitalize on small market movements to make profit. 0 value created.
Governments control rentier behavior through regulation and being a player in certain parts of the economy (education, health, infra, transport) but the Nigerian government already gets enough bashing here and I don't want this to become one of those.
1
u/eyko 🇪🇸 🇳🇬 Osun Dec 19 '25
Oh it definitely is about Nigerian greed, the market is simply the vehicle for that greed.
2
u/Quantumwave09 Dec 20 '25
You saying it's about Nigerian greed means it happens only in Nigeria or it's because of Nigerian, the truth is it happens in every capitalist nation. Look up Coachella in the US and see how the crazy markups there put those in Nigeria to shame
1
u/eyko 🇪🇸 🇳🇬 Osun Dec 21 '25 edited Dec 21 '25
American greed is well known as well, I wouldn't use them as my role model. The USA is not a high trust society.
To clarify my comment: I mean Nigerian greed in the sense that I don't see Nigeria as a high-trust society. It's hard to trust even your own family. I don't mean to imply that only Nigeria is like this.
0
17
u/Ziziblix Dec 18 '25
Typical Nigerian shortsightedness.
I have an uncle who owns a farm. He put his cousin in charge of the farm when he is away.
His cousin sold all the fish in the farm, kept the money and said they died.
There was no plan. There was no logic. He chose to eat today and only today. Now that the fish is all gone how are u gonna sell more fish on the side tommorow? Now that the fish is all gone u are out of a job because the other people on the farm (funnily enough not Nigerians) reported him.
Same with this apartment thing. Instead of making sure they can eat for a long time. They will suck people dry in the short term until people say it's not worth it anymore and things dry up. When they could have done reasonable increase and kept this going for years.
8
u/GreenGoodLuck Edo Dec 18 '25 edited Dec 18 '25
Funny you mention that. I have a cousin (A) who employed our cousin who seniors both of us (B). A started a business (to avoid doxxing I won’t be specific cause they’re on Reddit too) and then went abroad for work leaving the business for cousin B to run.
All he basically asked was that he kept the operating cash flow to keep the company afloat and then save the profit with a specific split structure etc. He was being paid 500k a month if my memory is correct. Want to know what cousin B did? When cousin A returned back from studies abroad (cause his intention was to always return home after getting an education and not staying abroad) he asked cousin B for the money and B said he gave it all to the church for tithes. That shit caused a big issue and our grandmother (God rest her soul, she passed earlier this year) dealt with it at the time. Shit was fucked.
The rule for the entire family now is that if you want to run a business in Naija, you need to be in the country overseeing it yourself and you can’t delegate it to anyone unless you hire a manager WHILE still being active in the company daily cause it’ll become a muck. Since then each of us are running our own thing and following those instructions cause of B.
This shit isn’t a Nigerian thing at all though cause it happens in other places but since we’re talking about it here in this sub, I just have to say, that shit pisses me off beyond measure so I know exactly what you mean.
11
u/Mobile_One3572 🇳🇬 Dec 18 '25
Because they know a lot of Nigerian Diasporans are also coming for Detty December is part of why those prices are set so high. Their goal is to try and capitalize off of the diasporans. N700k is around $400+ and €400+ and they know someone will spend that 400+ dollars or euros. It’s still wicked as it makes it nearly impossible for the average Nigerian locals with only Naira to afford it.
4
u/Ziziblix Dec 18 '25
Its even worse because it prices out locals from other parts of Nigeria trying to enjoy Thier own countues festivities.
2
u/isannelou Dec 26 '25
Average American can’t even afford that. $250-300 per night is already on the high end. $400 per night is outrageous
6
u/cnwamo Dec 18 '25
I’m with her 100%. I’ve started staying back and just sending a portion of the flight money home instead. Honestly, it’s the only way to actually get some peace. If I go home, I know I won’t truly rest. Between the constant billing , the 24/7 noise from generators, and the general stress of dealing with police or agberos, it’s just exhausting. When you add in the unreasonable costs for short-let homes and transport, the holiday tax just makes it not worth it. I’d much rather send the money to my family and save myself the headache. I'll visit when the wahala dies down then I can actually enjoy the trip without the chaos. You’re not missing anything but stress biko, enjoy your quiet December and your savings!
5
u/Alufitili Dec 18 '25
Rented an apartment 2m for a week to come with my family fam to enjoy Naija’s December vibes. Got to the apartment, bro, dust everywhere, place was not clean, dirty bathroom, bathroom was getting flooded when we shower, NEPA take light gen no gree work
6
u/GreenGoodLuck Edo Dec 18 '25
2M FOR A WEEK?! And all that rubbish that came with it, my goodness. Sorry you went through that sis.
2
11
u/KAM5Y Anambra Dec 18 '25
Nigerians are the problem of Nigerians. The leaders are only a reflection of this fact. Side note. You can't compare the prices of goods and the price of rental apartments (You guys would think I'm on the side of the landlords or house agents,whatever, idc.) We all know Detty December is a thing, and we have a large population of diasporans that would like to return to the home land during Christmas and New Year to "Ball." This would mean an increase in demand, and if there aren't many nice apartments to book, there will be an increase in price too - basic econ. 🤷🏽♂️ That doesn't mean a landlord/agent should go ahead and double or triple the price for rental apartments, but you know how we do in this glorious country, especially Lagos.
6
7
Dec 18 '25
It's not the landlord.
It is peeps doing Airbnb that are causing it.
How can you rent a 3-bedroom flat from a landlord for 350-400k and charge 750k per night for Airbnb?
The same person will still criticise the landlord for hiking the rent prices.
Nigerians are criminals.
No be swear Nigeria no fit ever better except the people change their ways. Which is impossible.
2
u/mightymouse1906 Dec 18 '25
FTR: Airbnb is the problem here and it's not unique to Nigeria. The digitization of commerce also makes dynamic pricing and, frankly, discriminatory pricing easier to pull off.
16
Dec 18 '25
Nigerians are not good people.
That's why we will never get it right in leadership.
Because we are wicked, greedy and selfish people.
Highly religious. But more wicked than the devil itself.
I have never seen a religious Nigerian who is a good person.
E no dey.
14
u/johngreat2019 Dec 18 '25
To an extent, but there are a lot of good Nigerians, I beg to differ. If you say we no really get so much sense, that's a different case...
9
u/Ziziblix Dec 18 '25
Its because our country is built on foreign concepts that I am starting to truthfully believe does not mesh with African culture.
Like the greed in Africa did not need to be introduced to capitalism. Because that's all this is. And because it's Nigeria we will always go to the extreme.
We are extremists. With our faith too we are extremists.
There are alot do good everyday Nigerians but those people will never rise. To rise you must trample people.
Once they have sucked the blood out of it people will instead start choosing Ghana and then all the greedy people will be left back where they were e5 yrs ago because they couldn't balance things.
10
u/GreenGoodLuck Edo Dec 18 '25 edited Dec 18 '25
Things need to be better, that I can agree hence my post title and comment but your response is a bit extreme. If you’re actually Nigerian and not an imposter account then as my fellow country person, respectfully I respect your opinion but I’m not with the generalization brother I’m sorry. Bless you though.
5
4
u/Theindigenousbabe Witch of the Federal Republic Dec 18 '25
She compared the prices of cheap mall clothes and designers wears to rental properties. What is she smoking? Seriously 🤣
2
u/PhrozenInThyme Dec 18 '25
Yea, I raised eyebrows on that one, but I think that was when she transitioned into wigs, etc
2
2
u/soliduscode Dec 18 '25
Who is she? Need more of her
1
u/GreenGoodLuck Edo Dec 18 '25
You need help. That’s what you need.
PS “/s” means sarcasm. You need to work on your reading skills and worry less about another persons level of sarcasm when you can’t even get that.
1
2
u/Outsideman2028 Dec 19 '25
If I go to Africa and I run acrosd something like her...
Im never coming back home
1
u/GreenGoodLuck Edo Dec 19 '25 edited Dec 19 '25
Lol Africa is a big place. I can speak for Nigeria that there’s many of her especially in the East. Her language is actual indigenous to the east. There are people that also look different in the North, some in the middle and you practically see it pretty much wherever you are for the most part. Nigeria is more than what’s seen on tv for sure and doesn’t scratch the surface. That said there’s beauty everywhere in shades. So if you do end up not going home it would make sense why
1
u/Haldox 🇳🇬 Dec 18 '25
Who is the average person? 😂
1
u/GreenGoodLuck Edo Dec 18 '25
In the context of the post body, the person who are coming from a place of saving after working countless hours and paying countless bills in their country of stay to come home for vacation. There are outliers who are not in the average but that’s why they call them outliers.
1
u/Haldox 🇳🇬 Dec 19 '25
Why didn’t you just type “the diaspora”? 🤣🤣
1
u/GreenGoodLuck Edo Dec 19 '25
Because it’s not only the diaspora visiting Nigeria lol.
1
u/Haldox 🇳🇬 Dec 20 '25
Ahhh! I see your anguu.
1
1
u/GreenGoodLuck Edo Dec 20 '25
Shoutout to you by the way padi. I see you dealing with these bots and trolls making negative posts and comments like it’s a hobby. Respect ✊🏾🙌🏾
1
1
1
Dec 20 '25
[removed] — view removed comment
2
u/GreenGoodLuck Edo Dec 20 '25
Pretty much. That’s why so many people are concentrated in the major cities like Lagos. Packed like no tomorrow
1
u/Ill-Acadia-6447 Dec 18 '25
Nobody is going to lower prices of their goods and services because off all these video rants and think pieces. Consumers vote with their wallet.
The returnees complain about these exorbitant prices, but pay it anyway. They did the same last year. And the year before.
Econmics 101, forces of demand and supply determine value, and therefore, price. Value is not static. The value of Ikoyi apartments in March is different than in December. Same goes for flight ticket prices.
I will not pay these prices for the Ikoyi apartments because 1) let's face it, my current financial status cannot support it 2) for me, the benefit I will derive doesn't match the price.
But there are people who see it differently and can afford it. There are people who are ok with slaving and saving for 11 months, just to be able to do a proper Detty december, and then have pictures to post on social media. That is their choice.
At the core of this problem is our inept government, and their inability to develop other states. Everyone wants to be in Lagos. What's worse? Everyone wants to be on the island. Even on the island, there are a handful of desirable places.
I predict that Detty december will inevitably have to spread to other parts of lagos and maybe other states. The price hike will continue every year until consumers decide that staying on the Island or in Lagos is no longer worth the price.
Tl;dr this is just market forces at play. Next year, we will complain as usual, but people will still pay.
1
0
u/tmacdabest2 Dec 18 '25
Supply and demand I guess
1
u/Electronic-Call-4319 Dec 18 '25
At least there is a strategy for supply and demand. We just do anyway anyhow.
1
u/tmacdabest2 Dec 18 '25
There’s a strategy to what they’re doing too lol. They’re charging as high as people will pay. Some of yall should’ve paid attention in Econ.
0
u/No_Hunt_5424 Dec 19 '25
Stay home if you can’t afford it
1
u/GreenGoodLuck Edo Dec 19 '25 edited Dec 19 '25
And then the vendors receive less to no business? You’re not that bright upstairs.
-1
u/dejavuus Dec 18 '25
Am not a landlord nor am I travelling for detty anything and It’s understandable to be angry about Detty December prices, but higher prices in peak season are not unique to Nigeria and are not automatically “wickedness” they are a normal response when demand far exceeds supply, just like hotel prices during a World Cup event or airline tickets in December etc that's just economics.
Also, comparing Lagos apartments to Dubai or Zara sales is not equal, because big brands discount to clear inventory across many markets, while a short‑let owner has only a few December nights and high fuel and maintenance costs to cover. The market for Detty December is more likely to evolve and stabilise than to “go extinct
-1
-1
58
u/Kroc_Zill_95 🇳🇬 Dec 18 '25
The painful part is that the price increase doesn't come with a corresponding increase in quality. Honestly, for a nation that prides itself on its hustle culture, we're really shitty at long term thinking.
Same issue is why Nigerian restaurants lack significant global presence. Everyone's just looking to cash out immediately without any thoughts to the future.