Phyna Regrets Squandering BBNaija Winnings on Family, Cites Lack of Financial Guidance

 

 

Big Brother Naija Season 7 winner Josephina Otabor, popularly known as Phyna, has said her biggest regret is using the prize money she won from the show to support family members instead of investing it.

 

 

Phyna said she was young and naive when she left the show and didn’t manage the prize money she won properly.

 

Speaking during a recent livestream, the reality star blamed her family members for not giving him good financial advice.

 

 

She said instead of encouraging her to invest, they were constantly demanding for financial support and even turned against her when she wasn’t able to meet their request.

 

“The mistake I made was using my Big Brother Naija prize money to support family members instead of investing it. I thought I was helping my family members and sorting out their debts. I was spending generously on them. None of the older family members called me to give me financial advice on how to invest or manage the money well.

 

 

“All of them were constantly demanding money from me for several stuff. I dug a lot of boreholes for family members. But the moment I started saying ‘No’ that was the beginning of my problem with family members. They complain and even call me out in the media whenever I can’t meet their demands. But now that the money has finished, I’m the only one facing the reality alone,” she lamented.

 

UGAMATV recalls that Phyna received a N100 million grand prize as the winner of Big Brother Naija Season 7 in 2022.

 

The package consisted of N50 million in actual cash and another N50 million worth of prizes from the show’s sponsors.

 

 

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