Nigerians on
Monday in Lagos clarified that the economic reality currently facing the
country was making it hard for them to save any unused cash in the bank. As a cross
segment of them told newsmen that rising expansion and expanding costs of
products and enterprises left numerous with nothing to spare.
These
Nigerians gave their feelings on World Savings Day, a day made to build the
general population familiarity with the significance of investment funds for
present day economies and people alike.
According to Mr
Uche Obodo, a government worker, who lamented how his take home could scarcely
take him home, considerably less sparing in the bank.
He further observed
that the high rate of inflation and the day by day increases in cost were
putting much weight on what was left as pay. I can scarcely sustain my family
with my pay. It is not as though I don't have the foggiest idea about the
significance of sparing cash for the stormy day, however it is not only workable
for me to do as such now.''
Also speaking,
miss Bola Ogundele, an instructor, said that sparing required discipline yet
included that she didn't have anything left in the wake of paying her bills. As
she narrated that “most times I borrow almost half of my salary before it
comes. The salary is not enough for my upkeep” she narrated.
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