Coscharis CEO Maduka condemns “money na water” slogan of people who flaunt wealth, engage in reckless spending at social events
By Jeph Ajobaju, Chief Copy Editor
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“Tell 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 ‘money na water’ and I’ve never said ‘money na water.
“When I come to a function and you start those madness, start throwing money up on people, I behave like I’m going to the toilet and you will not see me again because these are dead value system, bad culture that we have learned and it became invoked in this state. This madness must stop.
“When we were growing up, rich people din’t make noise. All these people that make noise, they never see money. Tweet it to people and say that I said so.
“If you make money, it makes you humble, it makes you keep quiet. We’ve embraced a deadly culture and are now passing it on to our children. That’s not how to build a value-driven society.
“The ‘money na water’ mindset destroys discipline, hard work and moral integrity. You shouldn’t clap hands for people like that, you should resent it. ‘Money na water,’ those things should stop.
“Real money inspires humility, not arrogance” – Maduka.
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Coscharis Group Chief Executive Officer (CEO) Cosmas Maduka, an old-money billionaire by dint of hard work, has ripped into extravagance and flaunting of wealth at social events, criticising the “money na water” (money flows like water) slogan which folks of dubious means use to back up such madness.
This is a “dead value system” that promotes recklessness and misguides the younger generaion, he lamented in a viral video.
It seems the video was recorded in the South East because of his geographical location references.
Maduka stressed that true wealth, as shown by hardworking billionaires like Tony Elumelu and Femi Otedola, is marked by humility, not ostentatious displays.
“Tell 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 ‘money na water’ and I’ve never said ‘money na water,”’ he said.
“When I come to a function and you start those madness, start throwing money up on people, I behave like I’m going to the toilet and you will not see me again because these are dead value system, bad culture that we have learned and it became invoked in this state. This madness must stop.
“When we were growing up, rich people din’t make noise. All these people that make noise, they never see money. Tweet it to people and say that I said so.
“If you make money, it makes you humble, it makes you keep quiet. We’ve embraced a deadly culture and are now passing it on to our children. That’s not how to build a value-driven society.
“The ‘money na water’ mindset destroys discipline, hard work and moral integrity. You shouldn’t clap hands for people like that, you should resent it. ‘Money na water,’ those things should stop.
“Real money inspires humility, not arrogance.”
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