Mr Eazi Recounts Losing N19m in Diesel Investment at 19

Nigerian music star and entrepreneur, Mr Eazi, shared his experience of losing N19 million in a diesel investment at the age of 19, which almost crushed his entrepreneurial spirit. Eazi borrowed money for a diesel supply deal that collapsed due to a government decision to deregulate fuel prices, causing a crash in diesel prices.

The investment left him in financial distress for months. Despite the setback, Mr Eazi learned valuable lessons about business and resilience, highlighting the risks young entrepreneurs face in the Nigerian market.