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Money is First for Investing: How Shifting The Attitudes of Our Women Can Actually Save The Country

 ‘The quality of a nation is determined by the quality of the women.’ – Dr. Mike Murdock  Nothing rings more true than that statement when you measure the input of women in the development of some of the everyday ideas, inventions and appliances that make our world so bearable to live in. Subtle as a woman’s touch may be, many a president, multi-billion dollar company, inventor and so on have been impacted, urged on to success or kept together by a wife, a mother, a sister, an aunt, a cousin or a friend.  New studies have shown that mothers have a far greater impact on their children’s educational achievements than fathers. American Presidents, Nixon, Reagan and more recently, Barack Obama all gave credit for their rise to power in some way to the women in their lives; most of whom, were working women. Back home in Nigeria, the impact of women has been unfettered, though unverified by any statistical tool. On the dark side, we have seen mothers’ acceptance of domestic violence amplify the behaviour in their children’s marriages with more cases being reported in the media today. Social commentators have blamed patriarchy for the unending gender war in our country that now poses even greater economic problems if left unchecked. But what is patriarchy without women unhealthily accepting men as their ‘overlords’? Or pegging what they can become with the expectations and allowances of men? The danger of patriarchy is that, like domestic violence, it gets passed along to the next generation of men and women; victors and victims; the next hubands, the next wives, the next politicians and so on. And that’s how laws that infringe on the rights of women get passed so frequently today. And please free Wasila Tasi’u! That said, indulge me to dwell on how women can help us shift our economy from a largely consumer-oriented one to a more productive one by a simple shift in the kind of relationships they have with money. In my new book, I broach the subject of the four relationship opportunities everybody gets to have with money and in the appropriate order: I go into details in the book about age-specific teaching aids we can use to communicate these 4 Relationships of Money to the girl-child for the purpose of encouraging gender equality and financial inclusion. Shifting from Spending to Investing could move Nigeria from a consumer nation to a producer nation, one woman at a time.   About the Author: Nehi Igbinijesu is a Nigerian-trained economist. He has worked at several banks in several positions. In addition to banking, Nehi has been a contributor to Connect Nigeria, anchoring the Discover Nigeria Series, a history project to depict positive elements about being Nigerian. He recently authored a soon-to-be-published book for mothers titled, The Code: A Story About Raising Great Women. He lives with his family in Lagos, Nigeria. You can follow him on Twitter at; @PNOigbinijesu
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