A former presidential aide, Mr. Reno Omokri, to President Goodluck Jonathan has advised Nigerians to stop the habit of saving money in the bank. He made this revelation via his social media handle. According to him, it unwise for anyone to keep money in the bank.
He added that saving in banks can be likened to managing poverty, and that when you manage poverty, it is still nothing but poverty.
He was of the opinion that no sane bank anywhere in the world would give interests to its customers more than current inflation figure in that country.
Reno Omokri, however, advised Nigerians to pick and do any of these three options. He said as a wise Nigerian, you can buy plot(s) of land, forex or shares for. Alternatively, he advises Nigerians to buy farm produce from farm markets and resell.
WWhat are your reactions to Reno Omokri’s financial advice?
Kindly share with others too so that they can learn from this financial wisdom.