Publisher of Ovation Magazine, Dele Momodu
No mercy abroad – Dele Momodu warns Nigerians planning to japa
Media entrepreneur Dele Momodu has urged Nigerians living abroad to reconsider their priorities, emphasising that financial stability and opportunities exist in their home country.
Momodu argued in a recent interview with Teju Babyface that having ₦30-40 million in Nigeria can provide a comfortable life and enable entrepreneurship.
Encouraging Nigerians to explore opportunities back home, he suggested that they could establish their businesses, ranches or farms instead of struggling abroad.
Speaking about the harsh realities of life overseas, Momodu noted that while living abroad may seem glamorous at first, the burden of paying bills and financial independence can quickly become overwhelming.
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The 64-year-old said that having ₦30-40 million in Nigeria should not make anyone feel poor, as that amount is enough to establish a proper business.
He emphasised that no place in the world offers perfect security, referencing the alleged killing of 3,000 people in New York on a single day. Despite such incidents, he pointed out, people do not abandon their country. In Nigeria, he added, individuals can even arrange their security if needed.
“If you had 30/40 million in Nigeria and you think you’re a poor man, I beg you, you’re a mad man. You have 30/40 million and you can’t set up a proper business in Nigeria. I beg you think again. There’s nowhere where there’s perfect security,” he said.
“On a single day, 3000 people got killed in New York. The people of New York have not abandoned their country because of that. In fact, you can set up your own security in Nigeria.”
Momodu also highlighted that for those concerned about food security, starting a ranch with cows and other resources in Nigeria is possible with ₦30 million.
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