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Do Nigerians Ever Learn?

I have heard countless times the adage which says “a word is enough for the wise”. I have also heard- countless times as well- that “twice bitten is twice shy”. As a soft reminder, an adage is a lesson from someone else’s experience shared to protect us from making the same mistake. Alas, my people do not seem to heed these two adages despite them been common knowledge and their meanings loud and clear! I understand that everyone has financial needs and that the financial landscape in the country- or anywhere else for that matter- has never been accommodating enough for one to be without wants or needs. This however, doesn’t rule out the utilization of the cogent thought vessel each individual is endowed with, to decipher legitimate money making ventures. One of Nigerian’s biggest financial investment weakness is the Ponzi Scheme and our get-rich-quick syndrome which has over the years brought unprecedented loss and woe to a number of families and even businesses. A ponzi scheme is ...