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Hardship: If You Still Do These 5 Things In Nigeria, You Are ‘Rich’ [See list]

Published

2 months ago

March 8, 2024

Editor

But amid the hardship in Nigeria, where a lot of people are complaining about the cost of living, some people still maintain some lifestyles that make them come across as rich.

Amid the hardship in Nigeria, where a lot of people are complaining about the cost of living, some people still maintain some lifestyles that make them come across as rich.

Rich has always been subjective.

But amid the hardship in Nigeria, where a lot of people are complaining about the cost of living, some people still maintain some lifestyles that make them come across as rich.

When you find yourself participating in or able to afford the lifestyles outlined below, you are truly rich in today’s Nigeria.

The 5 things…

Still saving money amid hardship, you appear rich

If you can still afford to put away a certain amount of money for savings consistently, you’re not among those struggling to survive in the current harsh economy.

The trending lingo in town is that of ‘no money’ to be able to afford the basic things of life; having a savings amid the ‘no money’ era gives you a special status in the society.

Never running out of fuel for personal consumption
There are some people who run on generator in their houses non-stop despite the removal of fuel subsidy resulting in the high cost of fuel.

If you find yourself in this category, never running out of fuel, and always running on generator, you are truly an ‘Odogwu’

Still frequenting eateries
With the skyrocketing cost of food prices today, eateries that were relatively costly in the pre-hardship days, have taken notches higher in their prices.

If you are still a regular face in eateries, best believe, the hardship has nothing on you.

You’re not complaining
You go to the mall, and hear of the doubled cost of items, and without blinking an eyelid or expressing the slightest surprise, you whip out your card and pay.

Another instance is other around you are always lamenting how difficult things are for them economically, but you are seated there and cannot relate because life is as comfortable for you as it has ever been. No comment.

Popping champagnes in clubs
An average bottle of champagne is about N100,000, there are some people who go to clubs and buy as many as five bottles per night. You will agree that there is no way such kind of persons are feeling the heat of the economic hardship.
COURTESY: VANGUARD

News

Bauchi Commissioner Gifts 3 Students Cash For Prompt Resumption, Ability To Read

Published

4 hours ago

May 17, 2024

Editor

The Bauchi state Commissioner for Education, Dr Jamila Dahiru, on Thursday, gave a cash gift of N5,000 each to three Senior Secondary II students of Government Science Secondary School, Misau for their determination to succeed in Education.

Two of the students, Adamu Adamu, Mustapha and Haruna impressed the commissioner for their presence in school in the first day of resumption while Abdullahi Musa marvelled her for his reading ability and comprehension.

According to the commissioner, the gesture was to appreciate their determination to learn as well and motivate other students to emulate them.

While paying a courtesy visit to the Emir of Misau, Alh. Ahmed Sulaiman, the commissioner disclosed that the Bauchi State government was working with stakeholders from the Misau Emirate to fine-tune modalities of temporarily accommodating the students of Federal Science Technical College, Misau at its Science Secondary School Misau.

She said the college made the request in a letter to the ministry stating that the facility given to them could no longer accommodate their students population, hence the resolve to convene the stakeholders meeting to fine-tune ways of sharing the facility for the betterment of the state.

She disclosed that government science secondary school Misau, one of the best in the state in terms of befitting facilities has the capacity to accommodate up to five thousand students, but currently houses about three hundred students.

She appreciated the Emir for his continued support to programmes and policies of the government with more emphasis on the education sector.

Speaking on behalf of the Emir and other stakeholders, a retired Director with the Ministry, Muhammad Musa, expressed gratitude to the Commissioner for the honour and promised to assemble critical stakeholders from the emirate so as to arrive at an acceptable decision for the benefit of all and sundry.

News

NDIC Obtains Order To Wind Down 96 Microfinance, Mortgage Banks

Published

4 hours ago

May 17, 2024

Editor

The Nigeria Deposit Insurance Corporation has said that it has obtained Winding up Orders for 96 out of 183 microfinance and primary mortgage banks whose licenses were revoked by the Central Bank of Nigeria in May 2023.

The Managing Director, NDIC, Bello Hassa, revealed this at a sensitisation seminar for Judges of the Federal High Court in Lagos on Thursday organised by the NDIC, to enlighten the judiciary on the intricacies of the banking industry.

Hassan said, “As at date, the Corporation had obtained Winding up Orders for 96 out of 183 Micro Finance and Primary Mortgage Banks whose licenses were revoked by the CBN in May 2023, in less than one Year of revocation.”

He added that the NDIC was committed to fulfilling its mandate of protecting depositors through bank supervision, failure resolution and liquidation so as to boost confidence in the financial system.

Speaking on the role that the judiciary plays in the fulfillment of the mandate, Hassan said, “We recognise the judiciary as one of our critical stakeholders. With this, when cases are brought before them, they can receive accelerated hearing and proclamation of Justice.”

Citing some of the achievements from previous editions of the seminar, Hassan said that instances where liquidation-related litigations experienced delays were reduced.

News

JUST IN: 36 Speakers Back State Police

Published

6 hours ago

May 16, 2024

Editor

Speakers of the 36 Houses of Assembly in Nigeria on Thursday expressed support for the National Assembly’s ongoing efforts to alter the 1999 constitution to create state policing in the country.

The Speakers made their resolution known at the end of their meeting in Abuja.

The Senate and House of Representatives are currently working to amend various constitutional provisions, including those regarding state police, financial autonomy for local government, fiscal federalism, and mayoral status for the FCT.

Details shortly…