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“₦100m Doesn’t Make You A Millionaire” – Segun Johnson tells Nigerians

  • Segun Johnson has sparked debate after arguing that having ₦100 million does not necessarily make someone a millionaire.
  • He said anyone who does not have the equivalent of $1 million should not be regarded as a millionaire, prompting mixed reactions online.

Nigerian singer Segun Johnson has sparked reactions online after sharing his opinion on what it means to be a millionaire.

Speaking about wealth and the value of money in Nigeria, Johnson argued that having ₦100 million should not automatically qualify someone as a millionaire.

He said:

“The fact that you have 100 million Naira doesn’t mean you’re a millionaire. If you don’t have 1 million dollars now, you’re not a millionaire”

His comment has generated a debate on social media, with some Nigerians saying he was highlighting the declining value of the naira, while others insisted that anyone with at least ₦1 million is technically a millionaire.

@Blaqk101: For him to say this kind thing wey he talk clearly he sabi how things has been going in this country

@kallykuhn: Words have meaning olodo..if you have 1million in Nigeria, you are a millionaire.

@kimoranky: I get his point, but Nigerians go disagree with you o . But why Naira sef just useless anyhow ? If you want to start a better business in Lagos now, you need nothing less than 30m unless you want to do small scale business

@SaturnROMEO: He’s entitled to his opinion, but his opinion end in his own purse

@NwosuuchennaMi1: The mumu dey answer yes…baba 1m+ naira you be millionaire…if you spend am enta thousand you be thousandnaire…no long tuk

@Emma_Telly_: “People don’t know these things” Na holy spirit reveal am to you nau

@Lucasugo15: 100m makes you a millionaire 70% of Nigerians won’t see such money till they leave this earth so 100m makes you a millionaire

@Allenbeex: This people don increase cut off mark. Wahala for poor people

@junior_slo45968: Someone that knows well about money

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