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Bringing N157 million to Nigeria for an oil and gas business and losing it all is described as “Money Wasn’t a Problem”

Mide by Mide
June 22, 2023
in News
Reading Time: 1 min read
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Bringing N157 million to Nigeria for an oil and gas business and losing it all is described as “Money Wasn’t a Problem”
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Daniel Moses, a wealthy and real estate tycoon from Nigeria, has described one of his earlier-life setbacks.

Daniel said in a brief TikTok video posted by @ceoofyoupodcast that he returned to Nigeria with £150,000 (N157,224,750). He put the money into oil and gas investments.

One of his tanker drivers informed him at some point in 2015 that they had an accident and lost their whole load of fuel, along with their merchandise. The man sobbed as he remembered the tragic event.

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@theuntoldpod

He lost £150k in his oil and gas business

♬ snowfall – Øneheart & reidenshi

JohnBeengettinCash said:

“Insurance?”

sergemulapa said:

“That’s the part where you learn that you can’t have a business without insurance…”

Strawhat Emporio said:

“Is he crying because of his driver or because he lost money?”

pearcesole said:

“The danger of doing business in Nigeria. the accident could have been a sabotage by rival business people.”

Shelvin Shaldano said:

“I think that loss just drained him out.”

Albert Aggrey said:

“I think there should be insurance.”

Afro said:

“Envy messed up the business in my opinion. British man opened up a successful business? Sounds odd.”

Vanessa U. said:

“So there isn’t some sort of insurance when transporting a huge amount of oil & gas? That’s super high risk.”

Leoakah said:

“Life is hard.”

Topshoodbeauty said:

“I moved to uk because my business failed , everything just went from to 100 to zero , it’s a long story, doing business in Nigeria not easy.”

Tags: NigeriaOil and GasReal EstateTikTok
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