Nigerian businessman Cosmas Maduka has expressed his concerns over the common practice of flaunting money and wealth.
He described such acts as a sign of a moral decline in the society, adding that genuine wealth comes with humility.
“Show me any wealthy man that has talked about ‘’money na water”. I’ve never heard Tony Elumelu say ‘money na water,’ I’ve never heard Femi Otedola say it, and I’ve never said it myself. When I attend a function and you start showing that madness of throwing money on people, I behave like I am going to the toilet. You will not see me again because these are the bad cultures and value systems that we have learnt,” he stated.
Maduka further noted that such acts are deadly, stating that the society should resent it rather than applaud it.
“When we were growing up, rich people didn’t make noise. All these people making noise today never made real money. If you make money, it makes you humble. It makes you keep quiet. We’ve embraced a deadly culture and we are using it to train our children. Those things should stop. You shouldn’t clap hands for people like that, you should resent it,” he added.
