Ubi Franklin Shares Controversial Wealth Strategy on “Mama Put” Investments

Ubi Franklin Shares Controversial Wealth Strategy on “Mama Put” Investments

Nigerian entrepreneur Ubi Franklin has sparked debate on social media after sharing a business idea on how to quickly build wealth through small-scale food vendors, popularly known as “mama put.”

In his statement, Franklin suggested funding multiple vendors with startup capital and taking a share of their profits as a pathway to becoming a billionaire.

In his words, he said:

“The fastest way to become a billionaire on the Mainland is to invest in 100 mama put food vendors. Give each ₦50,000 to cook. If each makes ₦200,000 in profit, pay them ₦50,000 as their earnings. In a year, you’ll make ₦1.8 billion.”