55. Economic Crisis, Status Consciousness, and the Nigerian Middle Class

55. Economic Crisis, Status Consciousness, and the Nigerian Middle Class

Some weeks ago, Nigerian billionaire Femi Otedola announced his new book titled "Making it Big" which was intended to reveal lessons about overcoming challenges and building successful businesses as an underdog. Rapid fire online responses were quick to point out his (and other success stories) silver spoon and challenged his capacity to give us any useful underdog advice. This spilled into a wider "Nepo vs Lapo" baby discussion.

Was this a rare moment of class consciousness or bickering between the disgruntled and diminishing middle class? Is there any useful financial advice worth giving in Tinubu's Nigeria? What are the chances of making it as a "Lapo" baby today in Nigeria? Listen to our thoughts and let us know in the comments either as a "Nepo" or "Lapo" baby if we have misrepresented your case.😉

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