Slicing the Fat from Our Pot Bellies (I), By Alex Otti

“The more leeches there are affixed to a host, the less resources there are to siphon from said hosts, per parasite. The ability to only absorb energy, without the ability or desire to reproduce it in a productive manner, is a dangerous, unsustainable, albeit attractive long term method of collapse and decline.” Justin K. McFarlane […]

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The Triumph of Profligacy Over Prudence, By Alex Otti

“The ability to extract maximum value from resources while creating minimum waste is a profitable skill to have.” ― Hendrith Vanlon Smith Jr, The Wealth Reference Guide: An American Classic “The former administrations wantonly wasted the state’s resources. Just to go to Abuja, they spent N50m. It is there on record….. If you take N50m […]

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When shall we get the next alert from our ancestors?, By Alex Otti

Chinua Achebe was arguably the greatest writer of our time. His works remain evergreen and have been translated into numerous languages across the world. One of his titles that I can never get tired of reading is ‘Things Fall Apart’, the epochal tale of how the near perfect Igbo society was torn apart and its […]

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Between the Oppressor and the Oppressee, By Alex Otti

“The most potent weapon of the oppressor is the mind of the oppressed.” Steven Biko (1946-1977) Steven Biko was a revolutionary whose anti-apartheid struggles helped to abolish the despicable regime. As a student, he was so brilliant that on some occasions, he was promoted over and above his peers. He actually jumped some classes as […]

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Conspicuous Consumption of Our Tomorrow, Today, By Alex Otti

“The phrase “consumer society” complements the description of the present social order as an “industrial society.” Needs are tailored by the mass media to create a public demand for utterly useless commodities, each carefully engineered to deteriorate after a predetermined period of time. The plundering of the human spirit by the marketplace is paralleled by […]

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Your Revenue is Not Too Low, Your Costs are Too High, By Alex Otti

“No man is rich, whose expenditure exceeds his means; and no one is poor whose Incomings exceed his outgoings”  Thomas Chandler Haliburton (1796-1865) “Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” Charles Dickens For several years […]

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Illiteracy + Ignorance + Poverty = Banditry, By Alex Otti

“Extreme poverty anywhere is a threat to human security everywhere.” – Kofi Annan “Poverty is the parent of revolution and crime.” – Aristotle Late Gen. Andrew Owoye Azazi (1952-2012) was my friend and brother. We had had dinner in a Lagos restaurant with Herbert Wigwe, then Deputy CEO of Access Bank, two days before the helicopter crash […]

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