Popular Nigerian media mogul Dele Momodu in a recent interview disclosed that it is wrong for someone to have N30M -N40M in Nigeria and still plans to relocate abraod.
Momodu stressed that with N30-40 million, one can live comfortably in Nigeria and even start a business.
He also argued that no place offers perfect security, referencing an alleged incident where 3,000 people were killed in New York in a single day.
Momodu urged Nigerians to seize opportunities at home, emphasizing that they can establish businesses, ranches, or farms.
He also pointed out the harsh realities of living abroad, where financial obligations and bills offer no respite.
He warned that the allure of living abroad quickly fades once individuals face the reality of renting a home and managing bills without assistance.
He said in an interview with Teju Babyface: “If you had 30/40 million in Nigeria and you think you’re a poor man, I beg you, you’re a m@d 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.
“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.
“If food is the matter, if you want to start your own ranch in Nigeria with cows and everything, you can start with N30million.
“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’”.
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