Managing editor/CEO, Premium Eagle Media Limited, publishers of The Eagle Online newspaper, Dotun Oladipo, has advised families to sustain saving culture so as to survive harsh economy.
Speaking at the 2022 annual general meeting of a non-governmental organisation, Ikhwan Mutual Forum, in Ojokoro, Lagos State on Sunday, Mr Oladipo stressed that no matter how small, saving money would impact positively on a family in the long run.
Oladipo, a former president of the Guild of Corporate Online Publishers, spoke on the theme ‘Surviving the challenges of Family Upkeep, Harsh Economy and Rising Cost of Living.’
The media entrepreneur also stressed that the country’s present economic situation did not permit only husbands to belong to the working class, but it is more advisable that both spouses are productively engaged and empowered.
He however reasoned that the family must be calculative in going about this, noting that aspiration for one of the couple to be self-employed was very key so as to really reap the benefits of the self-reliance.
For the couple to be calculative, Oladipo restated: “One of the two, (husband or wife) should be free, be self-employed to make more money.”
While noting the effects of factors such as climate change and health challenges on socio-economic life, Oladipo declared that the global financial system was not getting better, warning that this necessitated why the heads of families must be self-disciplined in thought and prudent in spending.
He noted that one key aspect many families underrate is bulk purchase.
This measure, he proffered, must be given due attention, noting that any household item purchased in bulk, when the resources are available, would better serve the family in the nearest future as well as save cost.
Also discussing the theme, an assistant director in the Lagos State Ministry of Information and Strategy, Abdul Razzak Misbahudeen, said the state of the economy in the country called for families to be prudent in spending, focus on needs instead of wants, as well as prepare the family’s budget.
In attendance at the event were the group business deputy editor of The Nation newspaper and coordinator of the group, Taofik Salako; Tajudeen Balogun, deputy editor, The Eagle Online and the group’s secretary; a public relations expert and part time lecturer at the Lagos State Polytechnic, Abdul Ganiyu Olowu; Abdul Wasiu Yusuff, a school administrator; Abdul Wasiu Oyeniyi; Abdul Akeem Adeleke; Dhikrullahi Alimi; and private entrepreneurs among other members and participants.
Also in attendance was the wife of the publisher of The Eagle Online, who is also the deputy chief executive officer of Premium Eagle Media Limited and CEO of Aya’ba Stores, Taiwo Oladipo.
