By Prince Chime
The craving to own an iPhone is one that has refused to get old. Any iPhone could serve but nothing speaks of your worth or swag or big boy/girl status (pick your definition) more than owning the latest version of the Apple iPhone, the iPhone 12.
You can say it is unfortunate that our generation tends to measure people’s progress or financial buoyancy according to the number of electronic gadgets they own. The iPhone 12 is arguably the biggest gadget in town. In this post, we went to the marketplace and we compared the price of the iPhone 12 with food items and building materials.
When next you see someone with and an iPhone 12, you should be able to tell how many bags of garri they are flexing with. Let’s do this.
At the cheapest, iPhone 12 is sold around 428 thousand naira and above depending on the version and the platform it is being obtained from. The iPhone 12 Pro 256 GB goes for as much as 685 thousand naira but we won’t be using it as the base for this comparison, your soft heart matters to us.
Price of iPhone 12 Compared To The Price of A Bag Of Rice
The price of food items has been on the increase due to the unstable economy and the ban on the importation of foreign food items. A bag of foreign rice (50kg) is currently sold for 31 thousand naira while a local bag of rice is sold for 25,000 or more depending on grade and destoned status.
What this means is that the money used to get a single iPhone 12 phone can be used to get about 17 or more bags of local rice and 13 or more bags of rice.
Price of iPhone 12 Compared To The Price Of A Bag of Beans
Beans is one of the major sources of protein in the country and is a very popular food item. It is sold for an average price of 35,000 per 100kg bags for white beans and an average of 37,000 per 100kg bags for brown beans.
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Comparing it to the price of Apple, a single iPhone 12 can buy about 12 or 13 bags of beans.
Price Of iPhone 12 Compared To The Price Of A Bag of Garri
As at the moment, a 100kg bag of white Garri is actually sold for an average price of 24,500 Naira while that of yellow Garri is sold for 27,000 Naira.
This means that the money used to get an iPhone 12 will be able to buy about 15 or 16 bags of Garri.
Other food items
A cartoon of spaghetti is 4, 600 naira and your iPhone 12 can buy 93 bags.
A medium cartoon of noodles is sold at 2,800 naira meaning you can buy about 153 bags of noodles.
One bag of semo is sold at an average of 4,900 naira so you can get 87 bags with your iPhone loot.
Price Of iPhone 12 Compared To The Price Of A Bag Of Cement
The price of building materials has been on the rise for the past year. There are some who would point to the EndSARS protests as the cause for the spike. Now, the price of a 50kg bag of cement is between 3,800 and 3,900.
This means that the money used to buy an iPhone 12 can be used to buy about 110 bags of cement.
Price Of iPhone Compared To The Price Of Building Rods
Steel rods used for building comes in different sizes and can be purchased based on the ones required by the structural engineer in charge of the building. As of the moment, 12mm is sold at 4,800 naira for 93 pieces and 30mm is sold for 30,500 naira for 15 pieces.
If the required diameter for the building rod is 12mm, it means that the money used to get an iPhone 12 can actually get 8,230 pieces of rod for construction.
The Price of an iPhone Compared To The Prices Of Blocks
A 9-inch block (ordinary) is currently sold for 280 while a 9 inches block (stone dust) is sold for 330. If it’s a 6 inches block (ordinary), it is sold for 250 while that of stone dust is sold for 290 (all prices in naira).
Let’s say that a six inches block is required for building your house, then note that the money used to buy an iPhone 12 will actually buy up to 1,712 pieces of blocks. Should you need 9-inch bricks, your iPhone 12 can trade for 1,296 and 1,528 brocks.
Price Of iPhone Compared To The Prices Of Binding Wire
Binding wire is one of the most important things needed for buildings and it is sold for about 13,000 to 20,000 per roll. If one is going to use the money used to get an iPhone to buy binding wire then we are looking at getting about 30 or 32 rolls of binding wires.
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Editor’s note: All prices are correct as of August 2021
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