37 Nigerians died in the custody of a federal security agency in Niger State, Nigeria and the response appears to be business as usual. Even the state government says it was unaware that they had been detained.
This raises a deeply disturbing question: How many other Nigerians are being held in secret or undisclosed detention facilities by the Tinubu administration, beyond public scrutiny and without accountability?
If people can be detained and die in custody without the authorities or the public knowing they were even being held, who is watching the watchers?
Day 1 at the AICL Business Expo! ✨
A great start filled with meaningful connections and exciting investment conversations. Thank you to everyone who visited our stand—we look forward to seeing even more of you!
#RuralHomesLimited#AICLBusinessExpo#RealEstate#InvestSmart
Let's do some simple maths.
If you pay ₦3 million rent annually, that's ₦15 million in 5 years and ₦30 million in 10 years.
Now imagine putting that same money towards acquiring land or a property in an emerging area with a flexible payment plan.
One path leaves you searching for another apartment when your rent expires.
The other leaves you with an asset that could appreciate over time.
I'm curious:
How much have you spent on rent since you started working?
Why I believe paying ₦3 million rent every year is keeping many 9 to 5 Nigerians poor.
Before you attack me, hear me out.
A worker earning ₦500,000 monthly makes ₦6 million yearly.
If half of that income goes into rent alone, that means ₦3 million disappears every year without creating any asset or generating any return.
Do that for 10 years and you've spent ₦30 million on accommodation, yet you still don't own a house.
The painful part is that rent keeps increasing. What costs ₦3 million today could cost ₦5 million in a few years.
Meanwhile, many middle class Nigerians spend years working only to remain trapped in the cycle of salary, rent, bills and repeat.
I'm not saying everyone should rush to buy a house.
I'm saying more people should think beyond surviving from one rent cycle to another.
Sometimes, the smartest move is to look ahead and position yourself where development is going. Owning a piece of the earth through flexible payment plans today could put you in a far better financial position tomorrow. While rent expenses disappear every year, land and property have the potential to grow in value and build long term wealth.
A worker earning ₦500,000 monthly makes ₦6 million yearly.
If half of that income goes into rent alone, that means ₦3 million disappears every year without creating any asset or generating any return.
Do that for 10 years and you've spent ₦30 million on accommodation, yet you still don't own a house.
The painful part is that rent keeps increasing. What costs ₦3 million today could cost ₦5 million in a few years.
Meanwhile, many middle class Nigerians spend years working only to remain trapped in the cycle of salary, rent, bills and repeat.
I'm not saying everyone should rush to buy a house.