Experts say low-risk investments are key to protecting income amid Nigeria’s economic challenges
Financial and economic specialists are urging Nigerians—especially low-income earners—to prioritise regulated, low-risk investments to safeguard their earnings during tough economic times.
Prof. Wale Oni, an agricultural economist at the University of Ibadan, stressed that oversight by the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) is crucial to avoid scams. He recommended instruments like treasury bills, money market funds, government bonds, and Sukuk, noting returns of about 16% on low-risk money market options. Oni also highlighted flexibility, explaining investors can start with as little as ₦5,000–₦10,000.
Financial consultant Tunji Adepeju added that mutual funds, stocks, real estate, agriculture, and small-scale businesses offer good returns, though long-term monitoring is essential. He encouraged exploring value addition in agriculture, like processing crops for higher profits, and warned against relying on a single income source.
Treasury accountant Mrs Pelumi Ukot also advised thorough due diligence, stressing that unregulated schemes often result in unrecoverable losses. She urged investors to track business trends, demand financial records, and monitor company performance before committing funds.
Experts agree: in today’s uncertain economy, low-risk, regulated, and diversified investments are the safest path to income protection and wealth building.
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