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Why Igbos prosper under bad economy – Reno Omokri

November 25, 2020
in Featured, News
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Former presidential aide, Reno Omokri has revealed the secrets to the success of the Igbo tribe of Nigeria under any bad economy.

Reno Omokri

This comes as the country swung into its worst-ever recession in 36years.

According to data from the NBS and World Bank, the country’s gross domestic product contracted for the second consecutive quarter since the recession of 2016, the worst since 1987 when GDP declined by 10.8 per cent.

Experts have cited the COVID-19 pandemic as one of the major reasons for the plunge, including the #EndSARS violence which some blamed as well.

Meanwhile, Omokri revealed that the Igbos always prospered no matter how bad an economy is because of their reliance on their productivity.

He also added that they are able to thrive under bad weathers because their prosperity is not tied to oil, which is the country’s major source of revenue or the government.

The secret to that, Omokri said, is their resilience.

“No matter how bad the economy, Igbos always prosper. What is the secret of their resilience? Wherever they are, their prosperity is not tied to oil or government, but to their productivity. Igbos are prosumers, who produce more than they consume.”


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