Protecting Yourself Against Poor Economic Policies
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Dear Reader,

This is a personal letter based on my reflection on the direction Nigeria economy

is going which have great impact on all of us and future generation to come.


First of all, We need to remind ourselves that members  of Lloyds house of great brittain that started the

insurance industry did so to protect themselves from the risk of losing their investments in

sailling ship. It worked and they kept their business despite of those risks which occurs once a while.


We have a sailling ship in the form of Nigeria economy which is subject to the risk of inflation of

our dear currency (Nigerian Naira). We are all co-investors and stakeholders with our money in this ship.

What do we do? Do we need to re-invent the wheel? No. I don't think so.


Just as members of the Loyds did not seek the consent of the king of England, nor request him to co-ordinate

the process but take initiative and action by themselves. There is also no law today against individuals who are

interested in protecting their liquid assets (Savings, Pension, Incomes - both recent and future) against economic

recession and inflation through insurance.


I think it is the best move and the easiest for anyone seeking to protect him / herself from the vagaries of economic

policies. Looking back in history, Nigerian Naira have always faced inflation and there is no guarantee that it will not

continue into the future.


Are you safe?

Please vote if you agree. We need an organization to provide this kind of service.