I relocated to Nigeria with £50,000 and lost it all

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Phrankleen

Joined: Mar 2024
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I relocated to Nigeria with £50,000 and lost it all


I relocated to Nigeria with £50,000 and lost it all is a story of a gentle man who relocated to Nigeria from the Uk few years back and lost of all of his money. I decided to share his story to see what we can learn from this interesting Case Study.

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24 Comments

  1. There are so many issues here.
    1. Why did his whole family have to know he was returning?

    2. Why didn't he come back with the money first of all and keep it in a Money Market Fund and get at least 10%?

    3. Why didn't he start the business small and try to grow it right from the UK?

  2. Asante Sana!!!
    First saw you on the video about the Jamaican woman complaining about the hell hole of work work work and bills in America.
    Had to subscribe and listen to all your videos which are very insightful, take no prisoners, think outside the box mentality and not one size fits all.
    Was in England 2003/9 then a hiatus back home in Uganda until I moved here in Nashua, NH 2016 till now.

  3. They know you won’t be able to last so they take what they can before you leave. Those people you don’t need to be around if you plan to stay in Africa

  4. How many people in the Nigeria has 50k pounds? 50k pound you're automatically in the top 20%. If you can't do anything meaningful with £50k then you wouldn't do anything meaningful with £1M.

  5. It’s crazy to see how people in the live comment session was complaining about the littlest things. Electricity problem can be fix, sewer system can be fixed, water problem can be solved. Just have to manage your money well and have a plan. Stay away from family and so-called friends. I am 22yrs old, i plan on going back in December of 2022 to buy my land. If I had that amount of money I will do so much back home. I’m Liberian btw.