Poor Nigerians are interestingly averse to institutional borrowing.

Yet they borrow for silly purposes like partying and travelling.

And it is why many of them remain poor and never fulfill itheir life potentials.

Even when many relocate, they still try to pay cash for stuff. Current government has been trying to increase the purchasing power of Nigerians by compelling banks to lend more.

We also now have the likes of Renmoney and Spredda.

Yet, many Nigerians are not taking advantage of these platforms to build wealth.