Picture this. You and I are sitting under a shade somewhere in Ikeja, each of us holding a cold malt bottle. I lean in and say:
“My guy, money is about to get cheaper in Nigeria. Those who prepare now will create wealth while others will just be watching.”
Sounds like gist, right? But it’s the truth. Let me break it down in plain talk.
For the past two years, everything in Nigeria has been crazy expensive. Bread? Up. Transport? Up. Rice? Forget it. Inflation has been like a silent thief, making your ₦10k feel like ₦3k in just a few months.
But here’s the good news: inflation is finally dropping. It’s now around 21.79%, the lowest in almost two years. That means things are starting to stabilise.
And why is this happening?
- The naira is stronger, hovering between ₦1500 and ₦1600 to the dollar.
- Fuel and energy costs are coming down.
- Farmers are harvesting more food (not enough, but it’s a start).
- We’re importing less foreign stuff.
Put all that together, and experts believe interest rates will soon drop too. Today it’s 27.5%, but the signal is clear, we’re heading for cheaper loans.
Cheaper money is like giving hustlers oxygen. That’s how businesses expand. That’s how ordinary Nigerians become extraordinary investors.
Why should you care?
Here’s the part most people miss.
When inflation drops and money stabilizes:
- Your naira holds its value longer.
- Banks start lowering loan rates.
- Assets like land, goods, and shares begin to rise in price again.
The people who get in early, buying assets before they climb, are the ones who cash out big later. It’s the same principle that smart investors buy stocks when prices are low and sell when they’re high.
So while some people are busy complaining about Nigeria on Twitter, others are quietly positioning themselves.
Let me show you how the big boys and sharp women are thinking right now:
- They’ll buy land, equipment, or goods before prices go up again.
- They’ll borrow cheaper money to grow their hustle or expand their farms.
- They’ll put money in assets that produce income, rental homes, export goods, or scalable businesses.
- They’ll also invest in themselves; skills, knowledge, and networks that open bigger doors.
This is how millionaires are made, right in the middle of what looks like “bad times.”
A simple example with rice
Let’s say you borrow ₦2 million when rates drop to about 20%. That means you’ll repay ₦2.4 million after one year.
Now, you take that ₦2 million and buy 33 bags of rice at ₦60,000 each. You sell them for ₦72,000 each; that’s ₦396,000 profit in one month.
Do this every month for a year, and you’ll make about ₦4.75 million profit. After paying back the loan plus interest, you’ll still have ₦2.35 million left in your pocket.
Now imagine repeating the same with beans, cement, or even packaging materials. That’s how you make money work for you instead of you chasing money.
How to plug in (5 simple steps)
This is not rocket science. It’s about being intentional. Here’s a simple guide:
- Clear bad debts first
Don’t jump into new loans if you’re already drowning in old ones. Clean your slate. - Spot high-demand goods or services
Think about rice, beans, cement, paint, footwear; things Nigerians can’t live without. - Research SME-friendly loans
Build a relationship with banks, co-ops, or government-backed loan schemes. They’ll soon offer cheaper rates. - Lock in assets before the rate cut
Land, stocks, or inventory will rise in value. Position yourself now. - Protect part of your savings in dollars
Just in case the unexpected happens, having a cushion in USD is a wise backup.
The mindset shift
There’s a verse I love that says: “Whoever uses well what they have will be given more.”
This season will reward those who act, not those who sit on the fence. That little idea, that small business, that half plot of land, if you multiply it now, it will attract more.
But if you fold your arms waiting for a miracle, nothing changes.
Don’t wait until the economy is perfect. That day will never come. Nigerians who succeed are not those who wait for “better days” but those who learn to plant seeds even in dry season.
So maybe your first move is small like reselling rice, or buying a tiny plot of land in a developing area, or learning a skill that doubles your earning power. Start there.
Because when money gets cheaper in Nigeria, the opportunities won’t wait forever. Some will grab them. Others will watch.
Which side will you be on?
