Rich But Empty!

Posted by Admin

Akindolani Oluwasegun Michael
@segunakindolani

Too many empty 'rich men' around! What is the point of flaunting around with ego the possession of physical structures and some material affluence when been neck-deep into debt. The burden of debt is slavery and ultimate disaster. No wonder their victims live on drugs and end up with all manners of disease due to high blood pressure. In most cases, this is because it becomes terrible if the banks or financial institutions borrowed from suddenly request an outright payment. It will become calamitous for most of them and that might meant loosing the collateral security laid down. They deceive themselves thinking they can fool people about living a rich life but they are empty. The staffs of the organizations or companies they manage becomes their tools for savagery. They grind out the very life out of them in the name of delivering results that are in most cases inhumane and unrealistic. I won't be surprised if they are underpaid or been owed salaries. All manners of atrocities are usually not far from such work environment. Targets that are baseless, unethical and profane are the hallmark of such working environment. May God deliver the common worker under them. Things can not continue like this otherwise we will have sickly and frustrated people filling our society. Aside from the organization they work for, they also do have their own personal lives to live and most of them are failing to even transmit the values they ought to especially to their families and loved ones around them due to their work environment. Its really pathetic! I recently went through the directive of the CBN in publishing the list of each bank's debtors. I noticed that many banks are been owed by our so called 'rich men'. Some even had to quickly renegotiate in order to avoid public shame and embarrassment. Meanwhile, they have been putting up fake lives. Though, I am not opposing obtaining a loan because we know that most organization's financing is a combination of both equity and debt (loans&debenture), nevertheless, it is a weight that can still be avoided with adequate planning, good management and effective delivery. Am even ashamed of the state of our banking system which I think has not been that fair with their policies of given undue preferential treatment to those that are perceived as rich and big men in our society to the detriment of genuine and innocent people who apply for loan. They don't give any chance at all because they don't have a godfather that will back them up. That's not good and should be shun if we truly want a sustainable economy. If you can maintain your operational cost without borrowing then it is a good thing. It is possible to achieve it if one is willing and determined. Meanwhile, it is advisable that we manage well first what we have on ground and put up developmental plan in place so as not to fall in to the temptation of loan-debt.