Amidst Nigeria’s ongoing economic challenges, the Special Adviser to President Bola Tinubu on Media and Strategy, Bayo Onanuga, has urged Nigerians to seek alternative income sources to cope with the rising cost of living.
Speaking in an interview with Channels TV, Onanuga emphasized the necessity of diversifying income streams, citing the concept of “moonlighting,” which is common in developed economies like the United States.
“What I will tell them is to bring a practical solution to them. If you are doing a job, let’s say an office assistant and earning a minimum wage or something, try to find something else to augment your income. You cannot live on one income,” Onanuga stated.
He further encouraged Nigerians to engage in activities such as farming to supplement their earnings and reduce household expenses.
“If you have a farmland near you, cultivate it, grow your crops so they can reduce your expenses and so on. These are some practical things people can do to survive the present economy. People just have to find solutions on their own,” he added.
Onanuga’s remarks come at a time when many Nigerians are grappling with high inflation, rising food prices, and a general increase in the cost of living.
While some citizens agree with his advice on financial diversification, others argue that the government should focus on policies that provide relief and improve economic conditions for the populace.