Society
Sacred Symbol Of Matrimony On Sale As Couples Pawn Off Wedding Rings, Bands To Make Ends Meet In Face Of Hard Economic Times
…”battle against recession tougher by the day” observers point out
The sacred symbol of matrimony and token of everlasting love is being pawned.
And the reason for this growing trend is labelled – battle against hard times.
Sources confirmed couples are now selling off wedding rings and bands to make ends meet.
This extreme gesture is adopted as part of dire strategies to raise fund to fulfil financial obligations societynow gathered.
The country is enveloped in cries of economic as government admit economy is in recession.
Money scarce as job losses and shut down of companies are on the increase.
The new government explained the prevailing hardship as result of frugal efforts to fix the wastefulness and ills of the management style of previous administrations.
Wedding rings and bands are considered valuable marital emblems, with most couples usually putting as much monetary value as possible into it to show affection in material worth.
And as means of earning income becomes more limited in face of economic hardship, many are said to be cashing in on the value of this symbol of everlasting love to raise funds.
“I guess the thought behind the approach is this is a period of reality not marital sentiments” a source stated drily.
Sources confirm that local pawn shops are usually the preferred place of transactions of wedding rings sellers.
“the mallams are making brisk sales from this developments” a source disclosed.
Societynow however learnt it isn’t smooth sailing for all those engaged in this trade.
A witness recounts “i saw a lady came in a jeep to a mall in Ikeja, she wanted to pawn her wedding ring….but was told after checks that what she had wasn’t the real deal.”
“She was hugely disappointed, it was all written on her face but it was obvious she needed the money and ended up getting fifteen thousand or so for the ring.”
The source claimed based on interaction between the seller and the lady who came in a Ralph 4 Jeep, it was obvious that wasn’t their first transaction.
Societynow gathered the recounted experience is just one out of many such suffered by those seeking to cash in on the sale of their wedding rings and bands to make ends meet – but, this has not slowed the trade as talks of economic hardship rage and others convinced to ply the route as it becomes popular amongst the desperate.


