Nyesom Wike, the recently appointed minister of the Federal Capital Territory (FCT), chose a particular car for his first day of work, which has sparked discussion in the political arena.
Breakdown of Wike’s vehicle (price) in US dollars and Naira
The Punch reported that a search on the official Lexus website puts the price of this SUV starting from $100,115; this is equivalent to N75,764,028.55.
How much is $100,000.00? – the one hundred thousand US dollars is worth ₦74,629,274.40 (NGN) today or seventy-four million six hundred twenty-nine thousand two hundred seventy-four naira 40 kobos as of 03:00 AM UTC. The mid-market currency rates were utilised to convert USD against NGN currency pair.
Therefore the cost price of Wike’s vehicle is worth, N75,764,028.55, in Nigerian currency, naira.
Nigerians react to Wike’s plate number as FCT minister
Nigerians took to X (formerly Twitter) of the Punch and reacted to the development.
“Who him papa money miss?
“E supposed be FCT – 001 nah
“Wikematics, Abuja go know say there’s a new sheriff in town .”
“If you don’t gerrit, forget about it.”
“Is Wike supposed to assume office in a kabu-kabu or tuk-tuk?
“Wike knows how to create attention and keep his name in the news, I guess it’s time we ignore him and let him lead the agbados to where dem no know.”
“This is why WIKE betrayed the Rivers state people and they sit there watching! Okay.”
“This people dey chop money sha.