7 Things To Avoid Inorder Not To Become Broke In Lagos (Nigeria)

The economy of the country is not smiling; everyone is living an uptight life right now. We need not remind you that things are three times their normal prices and living in a major city like Lagos is taking its toll on people.

While the idea of returning to the village would strike many as unacceptable or disgraceful, the village might actually help you save more as the cost of living there is relatively low. Apart from the stress of living in Lagos, the daily expenses could be draining.

One’s finances would no doubt suffer a major recession in this crucial period. Having to buy fuel at a high price will make one spend more on transportation whether one has a car or not. Then having to invest in food will also drain one as tomatoes have suddenly become an essential commodity in the country.

Since you cannot help spending more on these two items that are trending in the society, you may have to cut down your expenses in other areas. There are other things that you do within this bustling city that would make you go broke. As a matter of fact, Lagos is only interesting if you have money to spend.

Find below some of the things that may make you go broke in Lagos:



1. Betting On Sports

No one wants to ruin anybody’s business; but it is high time you stopped doing some things. Habits like betting would run you down before you know it; the terrible thing about it is that it is addictive. You keep hoping you would win one day and continue to invest in it.

Lagos, like every other major city in Nigeria is becoming difficult to live in. You have to let go of unproductive investments.


2. Partying And Clubbing

If you are the type that enjoys hanging out with the boys on Friday nights and emptying bottles of liqueurs, you may have to slow down a bit. The boys you hang out with may not be able to help you when you go broke before the end of the month. You basically want to impress the girls you meet at the club and end up spending more than what you earn per day.

The Saturday owanbes may also be dodged stylishly. If you must go, wear one of the fabrics you have. Buying expensive asoebi that would make them share sunlight detergent and plastics for you as souvenirs is definitely not worth it.



3. Crave For Designers

We love seeing people with class, people with finesse and standard. At this period, it would be nice for you to cut down on your expenses and stop being crazy about products made by designers.


The other products with brands that are not as popular also do well and serve the same purpose with the designers you like.


4. Insignificant Charges From Banks

Many Nigerians have the habit of hitting the bank anytime they are in need of money. Yes, that is the only place you can withdraw and collect money. You can save yourself the stress of queuing at the bank because you want to withdraw 3k.


The bank charges that you would incur at the end of the month could buy you recharge cards. These little charges as insignificant as they are would make a difference if they were paid in as interests on your account.


5. Cabbing Every Time

We understand the fact that you are classy and all; you have to go out and run your errands in cabs. You may even have cab men that you call on every time you are stranded. Remember these cabs do not run on water.

They run on a substance that is being sold for N145 per litre now. We are sure you know it. These cabs are more expensive than the regular buses; but depending on your bargaining power, you may still be able to get affordable ones. Reduce the way you take cab and save money.


6. Not Being Frugal

You would go broke in Lagos if you are not frugal. Stop giving money out anyhow; doing this would give people the impression that you have money to spare. Everyone is struggling and you should learn to save despite the things and people you are investing in.

Except your name ends with Otedola, you have to be cautious with the way you spend since you do not have many businesses registered in your name.



7. Misplaced Priorities


At this point in time, you have to make a list of the things you need in the house for that month. The era of buying things just for keeps have passed. If you do not want to get broke in Lagos, you

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Predictably, Arsenal missed more chances the football statisticians would call 'clear cut' than any other team in the Premier League in 2015/16, letting 69 such chances pass them by. Put a clinical Vardy at the spearhead of that attack and he solves all the problems. Simple.

He Will Offer Arsenal One Thing They Lack

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Muhammad Ali training ahead of his 1976 heavyweight fight against British Richard Dunn at the Olympiahalle in Munich, Germany. Photograph: Istvan Bajzat/EPA

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He was the funniest athlete of his era, of that there can be little argument. In the end, after a life of serial duplicity, innocent and otherwise, he found serenity. He used his illness, too, to turn pity into love. He forgave anyone who ever did him down, and there have always been plenty of those scoundrels in professional boxing. He held not a single grudge, and gave away a thousand little bits of himself, from a smile to an autograph, unloading the tat of his trade – gloves, shorts, robes, even a signed cigarette paper – to those who valued such things. Everyone wanted a piece of Ali, and, in the end, he let them take what they wanted. He found riches elsewhere.


Which brings to mind an oft-repeated Ali story. A nervous flier but a bigger egoist, Ali once refused to buckle up when a flight attendant asked him to do so moments before take-off. “Superman don’t need no seatbelt,” he protested in mock indignation. “Superman don’t need no airplane,” she is alleged to have replied. The anecdote describes both his ego and his attachment to mischief-making – and it might even be true. The Ali myth-making machine was prodigious.

Malcolm X and Muhammad Ali high five while surrounded by jubilant fans after he beat Sonny Liston. Photograph: Bob Gomel/Time & Life Pictures/Getty Image

Ali was many things to many people. To older connoisseurs of boxing, to his mother, Odessa, and, until his own end, to Joe Frazier, he was always Cassius Clay. He was the brash and beautiful young black man from Louisville who, “shook up the world”. He did that by beating the unbeatable beast that was Sonny Liston, in Miami in February, 1964, as Cassius Clay and thereafter continued to do it, time and again, asMuhammad Ali.

Religion and politics aside, Ali remained a prisoner of his original vocation: boxing. When it was said and done, what he did best was knock out great fighters. To most (but not all) of those who did not have to suffer embarrassment against him in the ring, Ali was an inspiration. So many young men of his era all over the world took up boxing because they wanted to move like him, box like him, talk like him, be like him. That was impossible, however, because Ali dealt in a singular magic, inside and outside the ring. This most beguiling of dream-sellers bewitched opponents with the power of his personality, much as Mike Tyson did with his intimidating knockout power.

Ali did not brood like Tyson, though, nor like Liston. Indeed, he carried none of their innate menace, taking an unusually theatrical route towards intimidation and self-promotion. His air was invariably lighthearted and his life-long addiction to parlour tricks ensured he retained his innocence and sense of wonder until the final bell. He also loved attention and would tell some outrageous fibs to generate headlines.

In a sport of lies, he was the ultimate deceiver. An early example of his mischief was the iconic photo of a young Cassius Clay, posing as if sparring underwater in boxing shorts, a striking image which graced the cover of Life magazine in 1961. The photographer, Flip Schulke, and the publishers were unaware at the time that Ali could not swim. He performed similar legerdemain on dry land.

As a ring artist, he was, for much of his career, peerless. Nobody – certainly at heavyweight – boxed so brilliantly but with such disregard for orthodoxy, which perplexed his opponents and annoyed the experts. He often led with his right, sometimes with both feet off the ground, as if levitating. He retreated in straight lines. He kept his hands down and his chin perilously in the air. He would grab and hold, illegally, frustrating opponents and kidding referees. All these misdemeanours broke boxing’s verities of technique and etiquette. Yet, until his legs and brain began to lose syncopation, he was untouchable, literally and metaphorically.

Muhammad Ali spars with Floyd Patterson during the World Heavyweight Championship fight in 1965. Photograph: Allsport/Getty Images

Ali often humiliated opponents, with no dispensation for fellow black fighters, from Liston to Frazier. In a 1965 fight he made the inoffensive Floyd Patterson into a public punchbag for a lot longer than was warranted, because he reckoned the former champion was a spokesman for the establishment Ali had come to regard as the enemy. In February, 1967, shortly before the first phase of his career was to be cut short by the courts and boxing authorities, he forced Ernie Terrell – again in Houston – to suffer for the full 15 rounds that were standard in championship fights at the time, asking him repeatedly, “What’s my name?”, punishment for Terrell’s refusal to acknowledge his Muslim moniker.


White fighters, however, were not usually taunted so ruthlessly. Ali liked Henry Cooper. He took pity on Richard Dunn. He had a sneaking regard for those twins of obduracy, Chuck Wepner and George Chuvalo. But he did not need their approval or respect, as he demanded of Liston, Frazier, Patterson and Terrell. Through perversity or pride, Ali was often in conflict with his own people, a rebel within a rebellion. There were a significant number of African Americans who were uncomfortable with his allegiance to the Nation – and none of his perceived enemies suffered the backlash more profoundly than Joe Frazier, a decent man whom Ali denigrated for most of their parallel careers, ostensibly for show and money, but also because he could. It was a stain on his character not easily removed.

Muhammad Ali is flanked by his wife Lonnie, left, and his daughter Hana as they watch his daughter Laila Ali make her boxing debut. Photograph: Joe Traver/Reuters

Aside from aiding some of the best sports writing ever, Ali heavily influenced all facets of popular culture: from TV, to cinema to music. Some good, some bad but I’m sure we all have our personal favourites.


The president of Ireland, Michael D Higgins, wrote a tribute especially the bit about rights strikingly missing in some of the world’s most prosperous nations.

" Many will remember the wit, grace and beauty he brought to boxing and some will recall his visits to Ireland. All over the world people also flocked to hear him offer his view on the achievement of democracy and particularly equal rights when they were so strikingly missing in some of the richest countries of the world. He brought his message of freedom and respect for people of all races to all the continents of the world.

As a sportsman and humanitarian, and as someone who struggled for a very long time with one of the most debilitating illnesses, he offered courage in the face of great difficulties. He was intent on going on communicating right to the very end".


The Democrat nomination hopeful Bernie Sanders says: “Muhammad Ali was the greatest, not only an extraordinary athlete but a man of great courage and humanity.”

And the Republican Donald Trump has weighed in: “Muhammad Ali is dead at 74! A truly great champion and a wonderful guy. He will be missed by all!” It would be too easy to score cheap political points here by contrasting with various other Trump tweets, so for the best that we leave it there.

Cassius Clay’s handlers hold him back after he is announced as the new heavyweight champion of the world after beating Sonny Liston for the first time

A statement from the WWE on Ali’s passing

"WWE is saddened to learn that two-time world heavyweight boxing championMuhammad Ali passed away at age 74 on June 3, 2016,” it starts, before detailing Ali’s perhaps lesser known links to wrestling.

"Ali also made history for his historic boxer vs. wrestler match against WWE Hall of Famer Antonio Inoki in Tokyo on June 26, 1976. The fight is regarded as a precursor to modern mixed martial arts. In 1985, Ali made his mark in WWE history when he was one of the special guest referees for the main event of the first WrestleMania at Madison Square Garden. The bout featured WWE Champion Hulk Hogan and pop culture icon Mr. T against "Mr. Wonderful” Paul Orndorff and “Rowdy” Roddy Piper. During the contest, Ali climbed up onto the ring apron and took a swing at Piper."

"WWE extends its condolences to Ali’s family, friends and fans."


A statement from former US President Bill Clinton

"Hillary and I are saddened by the passing of Muhammad Ali. From the day he claimed the Olympic gold medal in 1960, boxing fans across the world knew they were seeing a blend of beauty and grace, speed and strength that may never be matched again. We watched him grow from the brash self-confidence of youth and success into a manhood full of religious and political convictions that led him to make tough choices and live with the consequences. Along the way we saw him courageous in the ring, inspiring to the young, compassionate to those in need, and strong and good-humored in bearing the burden of his own health challenges.

I was honored to award him the Presidential Citizens Medal at the White House, to watch him light the Olympic flame, and to forge a friendship with a man who, through triumph and trials, became even greater than his legend. Our hearts go out to Lonnie, his children, and his entire family."

US President Bill Clinton presents Muhammed Ali and his trainer Angelo Dundee (right) with an award in October, 2000. Photograph: Reuters Photographer / Reuters/REUTERS

Muhammad Ali was never shy about lauding his own balletic talents in the boxing ring, and this photograph shows why. His ability to move away from his opponent, Joe Frazier, with such grace makes Frazier’s haymaker look utterly crude. Ali appears to be untouchable. How ironic, then, that Frazier won the contest that was dubbed Fight of The Century.

Ali the fighter will be remembered best, probably, for two controversial nights of high drama against Liston – the second containing the infamous phantom punch – another when Cooper embarrassed him with the sweetest of all his fabled left hooks at Wembley in 1963, the first and last contests of his trilogy against Frazier, the Fight of the Century at Madison Square Garden in 1971 and in Manila four years later, and his 1974 miracle after midnight in the jungle of Zaire against George Foreman. To beat the ogre Foreman against universal expectation at 32 pleased him more than nearly any other victory. It was a shame, yet inevitable, that he would carry on past the next defining contest of his later days, the dismantling of Frazier in 1975 that left both of them physically and spiritually wrecked.


SEE ALSO: Muhammad Ali - 25 Best Photographs Of The Legendary Boxer

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