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.
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.
The Ovation Media Group chairman pointed out that the excitement of visiting family abroad often fades when one has to rent a house and handle expenses without support. While visiting on vacation, he said, family members welcome you warmly, but the situation changes when they realise you are staying longer than expected.
He said, “The attraction of staying abroad is that when you go on vacation, everyone welcomes you. You’re staying with your family in a free house. The day you carry all your children to another man’s house and he knows you’re not leaving in a hurry, you’re going to see the difference.
“And the day you rent your own house, that is the trauma you’re going to carry for almost all the rest of your life. Because you now have to face the reality of paying your own bills abroad. And there’s no mercy, once your money finishes, your life goes. No mercy. Just remember that Dele Momodu said ‘No mercy abroad.’”
The post “₦30-40 Million Makes You Rich In Nigeria”: Dele Momodu Urges Diaspora To Return Home As Bills Mount appeared first on TheNigeriaLawyer.