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Covid-19: Investing in online businesses can save job losses — Oriyomi


As the Covid-19 pandemic bites harder causing job loss globally, chartered accountant, Ipadeola Abiodun Oriyomi, has charged Nigerian investors to take advantage of online business to cushion the effect of job loss.


Oriyomi, popularly known with his online business brand name, “Swag Omoluabi,” said with the need to observe social distancing necessitated by coronavirus pandemic, business owners can still cover for their losses if they diversify online.

He said that investing in online businesses can help reduce overhead costs, as while also cutting costs on recurrent expenditures, one can maximise profits for staff salaries and business sustenance.

For more people to be able to take up the advantage, Oriyomi, charge the government at all levels to further boost the ease of doing business online in the country, while also allowing to investors at the private sector to support youths empowerment.

Oriyomi, said his interest in youths empowerment has also encouraged his philanthropic gestures, as he said, “that is the path that leads to fulfilment in life. When you give with zero expectation for others well being, it is like shedding light on a pathway that leads to self fulfillment and happiness.”


“As each day comes with its troubles, showing love to people and seeing smiles on faces would literally eradicate hardship amid us, so, I encourage the well meaning Nigerians to support our youths striving hard to succeed,” Oriyomi said.

Quoting from the words of Anne Frank, saying “No one has ever become poor by giving,” Oriyomi, said the charge has worked for him a million times “because giving and reaching out to the poor and destitute leaves an immeasurable joy and a sense of fulfillment.”

Born in in Apapa, Lagos State, Oriyomi, who said he started off his early education at Samag Nursery and Primary school, and proceeded to Jubilee Model Grammar School, for his secondary education, later completed his Higher National Diploma (HND) studies at Kwara State Polytechnic.

But years after his higher education, he said he decided to further groom himself into who he has always wanted to become, the reason he decided to become chartered as an accountant, then later invested into his blogging business which he drives with his brand name, “Swag Omoluabi.”


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