Reality TV star and former Big Brother Naija housemate, Tochi Okechukwu, has expressed concern over the worsening depreciation of the Naira, noting how much the currency’s value has diminished over time.
Taking to his Instagram page, the rapper and media personality reflected on how ₦1 million used to be considered a significant financial milestone, but no longer is.
“I remember when ₦1 million was a big deal, now everyone has it in their bank account,” he wrote.
Tochi’s statement highlights the alarming rate of inflation and currency devaluation in Nigeria, where the soaring cost of living has made even large sums of money feel inadequate. Once viewed as a symbol of wealth or security, ₦1 million now struggles to command the same purchasing power it did years ago.
Public Reaction
The post has sparked conversation among fans and followers, with many agreeing that the Nigerian economy has eroded the value of what was once considered “big money.”
In recent years, the Naira has declined significantly against major foreign currencies, including the dollar, euro, and pound. Combined with rising food prices and general inflation, everyday Nigerians are feeling the squeeze—regardless of what’s in their bank accounts.
