TUNDE OYEDOYIN
Tunde Oyedoyin is a London-based personal finance coach and founder of Money Intelligence Coaching Academy, a specialist academy of personal finance. He can be reached as follows: +447846089587 (WhatsApponly); E-mail: tu5oyed@gmail.com
“What an elder sees sitting down, even if a young person stands up, he won’t” — saying of our elders
While at a McDonald’s restaurant in the West End in London about a month ago, a thirty something year old woman of Ghanaian origin and I had an accidental conversation. We discussed business, heritage among others. As we chatted, she said a couple of things that really got me thinking. I will come back to just the one relevant to this piece later.
But firstly, let me begin by giving honour to whom it is due. It’s important to recognise Pastor Mathew Ashimolowo, as the inspiration for this piece. It came about recently while watching an interview he granted more than six months ago. When, as he fielded questions from the anchor, the apostle of Winning Ways urged anyone who cared, to “invest in Lagos.” For me, that was a sermon worth running with. You can even take that to any bank in Ikeja and you won’t be spat on. Seriously, that gospel of “invest in Lagos” is worth embracing.
But why should you plan to invest in Lagos? For starters, it is the economic capital of the country. Secondly, it is a business friendly city. The fundamental basis for investing is to make profit, and Lagos, because of these two factors, fits the mould.
That brings me back to the conversation with the British-Ghanaian lady. She said a gentleman with interests in Ghana said to her that he fancied Lagos. According to her, the gentleman pointed to the population size as a minefield.
Folks, please plan to invest in Lagos. Whether it is by taking a part-time study to improve your skills or being a part owner of an Okada motorcycle or even having a place to sell pepper, now is the time to start figuring out how to put Pastor Mathew’s advice to work.
Hurry and grab a bit of WEMA
If you’re not already in the know, here’s to bring to your notice that WEMA Bank’s Rights Issue offer is still on the table. But it won’t be for long.
So, hurry to a branch and they should be able to guide any interested soul with just five thousand naira. Buying in the secondary market doesn’t hurt. Besides, you won’t go down for taking a five grand risk.
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