“It’s Better to Have $5k And Live in Abroad Than Having N30million In Naija” – X User

A video circulating on social media platform X (formerly Twitter) has stirred a heated conversation about the realities of living in Nigeria versus abroad. In the viral clip, a Nigerian speaker contrasts the purchasing power and lifestyle that ₦30 million offers in Nigeria with the stability and peace of mind that comes from earning just $5,000 abroad.

“I’m not saying people aren’t living well in Nigeria,” he begins. “But the kind of pressure that will be on ₦30 million is different. One bad policy can wipe it out. No insurance. The economy is unstable. But $5,000 abroad will always be $5,000.”

According to the speaker, despite the vast difference in currency value, $5,000 in a stable country goes much further in terms of quality of life. He emphasizes how access to structured systems such as car financing, mortgages, and health or property insurance allows people abroad to stretch even a modest income into a comfortable lifestyle.

“With $5,000, you can drop a deposit for a car, secure a small condo, and still sleep peacefully. In Nigeria, with ₦30 million, you’ll spend on everything—taxes, agberos, bribes, lesson teachers, and even feeding the tutor who comes to your house.”

The video also touches on Nigeria’s rising insecurity, inflation, and erratic government policies, which contribute to the unpredictability of personal wealth. The speaker argues that without insurance and institutional support, one fire outbreak or hospital bill could wipe out years of savings in Nigeria.

“Abroad, even children are fed at school. In Nigeria, you hire a lesson teacher, then feed them too. Abroad, basic needs are structured into the system. In Nigeria, you’re the system.”

The post has gone viral, drawing mixed reactions. While many Nigerians who have lived abroad agree with the speaker’s sentiments, others argue that quality of life is subjective, depending on individual goals, responsibilities, and family ties.

Some users noted that while life abroad may offer systems and stability, emotional and cultural fulfillment can still be found in Nigeria. Others added that how far money goes—whether ₦30 million or $5,000—depends on one’s financial discipline, location, and lifestyle choices.

Still, the video has reignited ongoing discussions around migration, financial value, and the true meaning of wealth in the Nigerian context.

Watch the video below…