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Showing posts with the label political corruption

Three Reasons Why Nigeria is Corrupt and Poor

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Three Reasons Why Nigeria is Corrupt and Poor 1. Majority of Nigerians do not fear God. 2. Selfishness and wickedness powered by greed have made majority of Nigerians to disobey and flout one of the most important laws of God which is to love your neighbour as yourself. But majority of Nigerians who confess and profess to be "Christians" and "Muslims" have chosen and preferred to CHEAT and COMPETE with their neighbours. The obedience of this fundamental law of charity is the golden gateway to prosperity. But the disobedience of this law is the rotten gateway to corruption and poverty. Every administration seems to be in competition for the celebration of corruption. The nation is plagued by rampant corruption at all levels, from the poorest to the richest Nigerians. The difference is the fact that the rich steal more than the poor. Then the intellectual illiteracy of the majority of the people fuels the intellectual hypocrisy of the elites of the shamelessly corrupt...

From Peru to Nigeria, Entrepreneurs are Battling Poverty

28 May 2008 13:00 Africa/Lagos From Peru to Nigeria, Entrepreneurs are Battling Poverty Lessons from the Poor Examines Success Stories from Around the World " . . . fascinating . . . profoundly hopeful . . . " -William R. Easterly Professor of Economics, New York University Former Research Economist, World Bank " . . . important . . . informative . . . " -Mark C. Casson Professor of Economics, University of Reading OAKLAND, Calif., May 28 /PRNewswire-USNewswire/ -- Can the billions of people living below the poverty line teach the world a lesson about economics that most politicians and academics don't seem to understand? Internationally acclaimed political analyst and author Alvaro Vargas Llosa says they can. In Lessons from the Poor: Triumph of the Entrepreneurial Spirit (May 30, 2008/The Independent Institute/ $16.95), Vargas Llosa and a team of economists examine a series of success stories from around the world. Their case studies show how entreprene...