Mr. Macaroni’s emotional message to Nigerians: “How I lost my savings and ended up in N500 million debt”

Nigerian comedian and content creator, Mr Macaroni, has shared his financial struggles, revealing how he became a victim of fr@ud and a failed investment that left him in serious debt.

In a post on his X handle on Thursday, he disclosed that he lost all his savings in 2021 and had to borrow money to meet his financial obligations, which only worsened his situation.

He explained that between 2021 and 2022, he was sc@mmed and also suffered a bad investment, leading to the complete loss of his savings.

Despite the financial setback, he chose to keep his struggles private, stating, “Sometime around 2021/2022, I was a victim of a sc@m and simultaneously a failed investment that cost me all I had saved at the time.

It shook me deeply, but I told no one about it. If you know me well enough, you would know I do not like to share my problems. I could be going through the worst and at the same time helping others solve their own problems, but I just would never share mine.”

With no savings left, he resorted to borrowing from different sources to settle commitments and fulfill responsibilities he believed were his to handle.

Since he earned millions, he never thought repaying loans with interest would be an issue.

However, he soon realized that most of his income was going into paying off interest rather than clearing the actual debt.

He admitted, “After I lost all the money I had then, trouble started when I had to borrow money from different sources to settle all pending commitments and also fulfill certain responsibilities I have always believed were mine to fulfill. I make money in millions, so I never thought borrowing money to pay back with interest could ever be a problem.

But I got too comfortable, and it took me a long time to realize that I was using the money I was earning to pay back interests. Also, my financial recklessness did not help. Please don’t borrow money! But if you must, please be responsible.”

By 2024, his financial struggles had escalated, and he found himself owing over N500 million. His frustration grew worse after he was betrayed by someone he considered a close friend.

However, with the support of family and true friends, he has started to recover and now feels much better than he has in the past three years.

Mr Macaroni decided to share his experience to encourage others facing financial difficulties, reminding them that they are not alone.