It
goes without saying that Nigeria faces harsh economic times. The factors
responsible for this condition are many. They include the fall of the Naira
against major currencies, the increase in fuel pump price, the nation’s
dwindling resources etc
These
factors have a great impact on every other aspect of daily living, as we can
see in the mounting commodity prices. It is difficult for the common man to
afford the basic necessities of life. Food, clothing, shelter, health care are
becoming more difficult to afford for the average Nigerian. There is an obvious
need to device methods to cushion the effects of these trying times. This is
time to go back to the drawing board and figure out what we can do differently
to either create more income for ourselves, or to stretch or maximize the
benefits of what we do earn.
Let’s
discuss a few vital steps to thrive despite the heat of the economy.
·
Face Reality – A clear
perspective of a difficult situation is halfway into dealing with it. No matter
how long we shy away from reality, it does not make it go away. Why try to postpone
the evil day? The earlier we come to terms with our truth, the better prepared
we would be to handle it. So, first wake up to the fact that it may no longer
be business as usual. Some changes would have to be made. This brings us to the
next step:
·
Cut down costs – This denotes
drawing a balance between our expenses and available resources. Humans have
clearly defined needs. Most often, our income meets those needs. But human
wants? That’s a whole different ball game. Human wants are insatiable. Ability
to rein in such wants is especially needed, considering the current economic state
we find ourselves.
·
Harness Inbuilt
Talents
– We all are embedded with tons of talents, skills and abilities that even we
do not know we possess. There is hardly a human being who uses up to 50% of
their inborn potentials before they die. Thoughts like this are meant to spur
us to do an honest self-analysis. What talent do we possess that has been
hushed up and suppressed for so long? The time to look within is now.
· Invest – The benefits of making wise investments can never be over emphasized. They may not immediately manifest, but in the long run, investment does pay. While we all hope that things improve soon, there is no harm in saving up for the rainy day. A school of thought describes it as paying now to play later.
Indeed, the heat of the times current economic climate
is scorching. No one is immune to it. We cannot leave it all to the government.
We also have our own roles to play in securing better living conditions. Let us
demonstrate resilience against all odds while shunning or curbing excesses and
frivolities.
We wish you all a good day and a pleasant Democracy
celebration ahead.
God bless Nigeria!!! 





