Tunji is a 25-year-old gainfully employed Nigerian who wants to buy a car. He earns N250,000 per month, and the car he wants to buy is N3.5million.
He lives in Nigeria where the inflation rate is double-digit, so he has to save a chunk of his salary every month for two years to buy his first car.
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
