Nigeria's Economic Lessons: All Things Spike For Good


How's your bank statement been lately? Like me, do you tend to have a fever when you get your monthly bank statements? The palpitations I get as I study the statements, observing that there are way more debits than credits, causes a migraine in my brain. Do not laugh, it kills me inside to embrace the miserly man I'm becoming, it really hurts.


Word on the streets is that I am not alone. Many people are feeling the pinch of the times, many more have struggled to come to terms with this reality; they want things to go back the way it was before. What they are yet to realise is that a season of scarcity always presents the perfect opportunity to start all over, this time, counting the costs.


I was telling a senior partner the other day, "Anyone who fails to learn financial management from the events of the last couple of years, may have missed the golden opportunity to learn it for free from the "School of the hard knocks" and may never learn it again". Some people are unteachable, even by life's most bitter lessons. Financial management leads to financial freedom, or at least set us on that path but the average Nigerian loves to go on a binge, for he'd rather purchase a Range Rover Sport, and feel good about it, than invest in a viable cashew processing business, for example, that'll produce many "Rovers" if well managed.


Dear friends, I offer a gentle reminder: do not miss the lessons of this very valuable season of drought. I know only the strong survive yet some say only the smart excel in this crazy place. We can embrace the lessons of the times and propel ourselves with them, after all, all things work for good. Indeed, all things spike for good cause for those who's senses align with the markets.

Shalom‎