Navigating the ₦603bn Wave
In London, the cost of borrowing climbs,
to heights not seen since the late nineties.
The pound falters, markets whisper doubt,
and the Chancellor feels the weight of numbers pressing in.
But this is not Britain’s burden alone.
Across the seas, the tremor reaches Nigeria.
When yields rise in safe havens,
capital flees, and risk is left stranded.
Our borrowing grows heavier,
our fiscal breath shorter.
Even the pound’s weakness carries a shadow.
What our brothers and sisters in the UK send home
arrives thinner,
their hard-earned pounds stretch into fewer naira.
The lifeline weakens,
the flow of foreign exchange slows,
and the naira feels the strain.
Its a sharp yet quiet reminder:
the world is one web.
A shake in the City echoes on Broad Street.
A storm in another’s sky scatters our own seeds.
So, the task before us is not to wish for calm seas abroad,
but to anchor ourselves deeply,
to build reserves, strengthen our roots,
so that when giants move,
we bend, but do not break.
Navigating the ₦603bn Wave
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