5 People to Avoid in The New Nigerian Economy

The Nigerian economy is evolving at an incredible pace. From the rise of tech startups to the growth in the agricultural sector, there’s a revolution happening across all sectors. It might seem overwhelming at first, but it’s also an exciting time to be alive and to be part of this journey. It’s a time of change, growth, and potential.

However, as much as it’s about opportunities, it’s also a time of challenges. The fluctuating global oil prices, inflation, and other economic elements can make navigating the Nigerian economy complex. But remember, the right mindset and the right company can make all the difference.

Therefore, the people you surround yourself with need to be those who can navigate these complexities and turn challenges into opportunities.

The Five Types of People to Avoid

As you navigate the new Nigerian economy, there are certain types of people you should avoid. These individuals might hinder your progress, influence your decisions negatively, or stifle your growth. Here are the five types of people to avoid.

The Short-Term Thinker

In an economy as dynamic and fast-paced as Nigeria’s, short-term thinking can be detrimental. The short-term thinker is often focused on immediate gratification, overlooking long-term goals and strategies. They lack the patience to invest in long-term projects and often make impulsive decisions.

Short-term thinkers could lead you down a path of short-lived successes and long-term failures. Their lack of vision and foresight could limit your growth and potential in the long run. Therefore, it’s crucial to surround yourself with people who think long-term, strategize, and plan for the future.

The Pessimistic Individual

The new Nigerian economy requires optimism and a positive mindset. The pessimistic individual is always quick to see the negatives, the problems, and the challenges. They have a way of magnifying problems and minimizing solutions.

Pessimistic individuals can drain your energy, dampen your enthusiasm, and stifle your creativity. They can make you lose sight of the opportunities in the Nigerian economy and focus solely on the challenges. It’s crucial to surround yourself with optimistic individuals who can inspire you, challenge you, and spur your growth.

The Overly Competitive Person

Healthy competition is good. It drives innovation, encourages growth, and promotes excellence. However, the overly competitive person can be toxic. They are always trying to outdo others, often resorting to unethical practices to get ahead.

Overly competitive individuals can create a toxic environment of rivalry, distrust, and negativity. They can make you lose sight of your unique journey and path to success. It’s essential to surround yourself with people who understand that success is not a zero-sum game and that everyone can win.

The Non-Strategic Risk Taker

Risk-taking is an integral part of entrepreneurship and business. However, risks should be calculated and strategic. The non-strategic risk taker often takes reckless risks without proper planning or analysis. They are driven by thrill and excitement rather than strategic thinking.

Non-strategic risk-takers can lead you down a path of financial loss, business failure, and regret. It’s crucial to surround yourself with strategic risk-takers who understand the importance of planning, analysis, and calculated risks.

The Financially Irresponsible

Financial responsibility is crucial in the new Nigerian economy. The financially irresponsible person often makes poor financial decisions, lacks financial discipline, and has a poor understanding of financial management.

Financially irresponsible individuals can lead you down a path of financial instability, debt, and economic hardship. It’s essential to surround yourself with financially responsible individuals who understand the value of money, the importance of savings, and the power of investments.

Also Read: Pros and Cons of government subsidies

How to Navigate Relationships in the New Nigerian Economy

Navigating relationships in the new Nigerian economy requires discernment, wisdom, and strategic thinking. It’s important to surround yourself with positive, forward-thinking individuals who can inspire you, challenge you, and help you grow.

Firstly, seek out individuals who share your values, goals, and ambitions. These individuals will understand your journey, support your goals, and help you stay on track. Secondly, surround yourself with individuals who are skilled, knowledgeable, and experienced. These individuals can provide valuable insights, advice, and mentorship.

Finally, surround yourself with individuals who are positive, optimistic, and resilient. These individuals can inspire you, motivate you, and help you navigate the challenges of the Nigerian economy.


The new Nigerian economy is a landscape of opportunities, challenges, and growth. As you navigate this terrain, the company you keep can significantly influence your journey. Avoiding short-term thinkers, pessimistic individuals, overly competitive people, non-strategic risk-takers, and financially irresponsible people can help you navigate the Nigerian economy successfully.

Remember, the right company can inspire you, challenge you, and spur your growth. Surround yourself with positive, forward-thinking individuals, and you’ll be well on your way to success in the new Nigerian economy.

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