If you don’t have N500k in your account, you’re living in poverty – Daddy Freeze says
Nigerian-Romanian broadcaster and radio talk show host, Ifedayo Olarinde, popularly known as Daddy Freeze, has said that anyone who does not have up to N500,000 in their account is poor.
The talk show host said this in a video he posted on his Instagram page on Monday 15th May 2023, captioned, “0.6% Of Nigerians Have Up To N500k In Their Bank Accounts A Study Suggests. Some People Are Saying You Can Live Comfortably With Less Than 500k Saved Up. I Totally Disagree.”
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According to Daddy Freeze, a person who does not have a lump sum of N500,000 in all their accounts is living in poverty, unless they live in a village.
In his words, “If you do not have 500k cash in all your accounts joined together, you are living in poverty unless you live in a village. If you live in Lagos, Port Harcourt or Abuja and you don’t have 500k you will always live a substandard life.”
ALSO READ: Stop giving your rich parents money, there’s no blessing in it – Daddy Freeze
Watch him speak below
View this post on Instagram
Reacting to the video, Netizens disagree with Daddy Freeze’s claim.
See reactions:
@shangeorgefilm: ‘Poverty’ is not about ‘cash’. U can hv millions in ur account and still be living in poverty.
@oluwaridha: What about we dey live in Ibadan 😂😂
@effjays: DF always looking for how to provoke provoke. 🙌. DF life no easy oh take am easy on people oh. Make them no go think sey something is wrong with them 😂 my people DF na media talker this is his job don’t wound yourself just keep pushing your hustle, with a growth mindset to learn and unlearn and trusting your divine maker for guidance e go soft one day. Life na one day at a time. 🙌 respectfully.
@thelindalyn: I disagree as well. Having less than 500k home and abroad in this economy? As a single person, maybe you can manage even though the quality of living will still be substandard. But with family and kids involved, it is poor.
@realvdj50: How much is minimum wage again? Multiplied by 12 won’t even give u 500k.
@temboautos: If you don’t earn more than 600k on the island as a man with responsibilities, i really don’t know o.
@aureliacakeshop: Even 500k is not the life my brother…. Your 500k is one self-contain away from poverty. If I have only 500k in my account na to relocate to my village o! Cost of living is quite high in the cities.
@khy_of.africa: I disagree totally. I know how much I’ve spent in the past week.
@glamourmimi_official: 500k can’t do anything here in Abuja.
@ukange_davidxx: There is no lies
Daddy freeze always right.
@emekapavel: Not in Lagos, I disagree.
@_queenlynda: Sometimes, it’s the way you put your words that matters. Some people might not have up to 500k in the account, but your investment/business and properties may be more than.
@wf_glabswalker: Omo this my 10k na luxury poverty I Dey o.
@agbanibriggs: 😂😂😂500k wey go just finish now now for this lagos.
