The Bank Manager

During Charles Solodu's Bank Recapitalization exercise in 2007, breeze blew and as they often say the secrets of the fowl were revealed.

One of such was a branch manager of a new generation bank who lived in a posh #4.5 million per year duplex in Victoria Garden City (VCG). He's two official cars, a driver and other support staff both at home and office.

Unfortunately, his bank couldn't meet up with the #25bilion capital base, and was acquired by another strong bank which led to many laying off including himself.

When his net gratuity was worked out, it was far less than #500k because he had taken a huge loan into a business that didn't materialise, and was deducted first.

Now, where will he live? What about his children's school fees? How'll he and his family survive the hard time?
There were many questions but with no space of certainty.

Already the landlord of his duplex was on his neck because the bank had stopped his rent. He needed to vacate his house before his properties were thrown out.

While a manager, he didn't think it wise to build a house of his or even acquire a house of his or even acquire a land which would've been appreciating in values. He didn't think ahead and plan for the rainy day. He believed things would always be as they were. He never envisaged where he later found himself.

But for his kindness while a bank manager, help came his way from a rather ridiculous place. His driver despite living on a sizeable salary of #50k was smart enough not to eat with his ten fingers but five and had built two different three bedroom flats in Ikorodu, and he gave one of the flats to him, his former boss, to live for two years for free pending when things will take a new shape for him.

Folks, this is not a cooked story, it's true life story with lessons for you.
Now i ask, have you ever thought of what might happen if you're unexpectedly shown the door at work? Where will you live? How'll you live? What'll happen to your family if it happens that you're no more active? Do you still want to end as a tenant all your life?

Smart parents leave inheritance for their children. What of you?

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