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5 things you can do with N5 million

We all can agree that 5 million naira is a lot of money, or at least most of us.

Don Jazzy and Davido

Social Media, especially Twitter, was live on Thursday when Don Jazzy proposed a 5 million naira bet to Davido over a game of FIFA 15.

For most Nigerians, that's a whole lot of money, and this left many asking God for things like advanced loans of their 'future 5 million nairas' etc.

There are a lot of things you can do with 5 million naira, and here's 5 of them:

1. Put Yourself Through School:

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Its hard enough getting admitted into a Nigerian University. Its even harder putting yourself through, for a lot of Nigerians at least.

Using the 'famous' dollar-a-day yardstick, over 60% of Nigerians are below the poverty line. This means a significant chunk of that statistic will probably not be able to afford a University education.

If you get admitted to a Government-owned University, and it costs you an average of 20 thousand naira per year, not only would you be able to afford a five-year course, you can put 49 more people in your community through school; your siblings, your cousins, your friends, even your neighbourhood of out-of-school youths!

2. Cater for IDPs:

Lets say it will cost 500 naira to cater for an Internally Displaced Person in one day. If you decide cater for 100, N5 million naira will sort things out for about 100 days. That's major.

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3. Kickstart Your Startup:

This can be a game changer for your and everyone around you. Not only are you becoming self-employed, you will also be able to create jobs and do your bit in taking a few individuals off the labour market, reducing the unemployment estimates which currently stand at around 50 million Nigerians, according to Pastor Oydedpeo

4. Start A Family:

Getting married in Nigeria is not a joking sturvs. Let's say you manage to escape the exorbitant bride price, or the lavish wedding with the rented just-wedded car, there's no way you are escaping the neo-natals, child upbringing, crazy school fees, etc. 5 million might help take the burden off a little.

5. Or Better Still...

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Maybe you can be the boss. Buy a game console, by the FIFA 15 CD, or preorder FIFA 16. Then place a FIFA bet with whatever is left of the money. But make sure you have lucrative endorsements with major brands like MTN.

And lets say you do, that won't make you much of a boss, considering the fact that the Mavin boss called off the bet following reactions from fans.

So tell us, what can 5 million naira do for you?

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