Forsaking prosperity: the tragedy of abandoned public sector projects

A famous Igbo proverb aptly states that no one gets wealthy by throwing the things of value he or she previously acquired away. It goes to prove how vital cumulative acquisition is on the journey to prosperity. This principle is always naturally in the application, whether it is in the case of an individual, organisation or a country. Most wealthy people attained their socio-economic state by...

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How far are we from war?

Many Nigerians agree that the level of insecurity in the country compares with what typically obtains in a war situation. And war is an inclement bed for prosperity to rest. Similar to war circumstances, many Nigerians have lost the freedom to move undisturbed from one location to another. News of the dead, maimed, persons taken hostage as well as stories of narrow escapes from death also...

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On corporate reputation and Nigerian firms

Good reputation in business is, no doubt, prosperity sustaining. The perception that a service provider or the producer of a commodity will act with integrity as well as keep the promises made often attract customers. Business organisations that live up to the expectations of these customer perceptions usually receive good business patronage. The demand-supports become even more sustainable and...

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An educational system that does not deliver prosperity

Education is highly reputed to deliver prosperity. That appears to be the number one reason why most people acquire it. Whether it is received formally or otherwise, education broadens a person’s view and understanding of life, of the environment where he belongs to, history and principles that underlie many of the events that one encounters in life. When properly acquired, education equips us...

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Societal values for the banishment of poverty in Nigeria: lessons from Singapore

Societal values, personal experiences, and ambitions broadly underscore and give sense to the entrepreneurial actions of economic agents. In broad terms, society teaches norms and values that will lead to harmonious coexistence among its members. It imparts members with the knowledge and structure for living in peace, without injustice and violence. In general, society indirectly and through the...

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100 million Nigerians out of poverty by 2029

The Brookings institution appears to have successfully woken up the president, Muhammad Buhari from his deep slumber. The institution had earlier predicted that by 2030, Nigeria would have the highest number of poor people. In numerical terms, approximately one hundred and twenty Nigerians are predicted to fall into the poverty line eleven years from now. But now the president of Nigeria has...

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