In my previous article, I talked about hope on the horizon regarding the rebirth of Nigeria and I got a fair tackle from some persons who have become desperately pessimistic about the prospects of Nigeria. But whereas I remain adamant that Nigeria is changing, I acknowledge that the change is seemingly too slow for many reliably disappointed Nigerians and that one of the chains unwilling to allow Nigeria to attain its full degrees of freedom is the famous quota system, which has become a principal demon fashioned against Nigeria.
Continue reading “A Demonic Oppression Called Quota System”Tag: Reward
Cutting the Head of the Cobra Effect
In economics, the concept of “Perverse Incentive” commonly refers to a situation where an incentive leads to detrimental outcomes for the enablers of such incentive. The most popular example comes from British Colonial India where an attempt to eliminate cobras in Delhi by paying for each killed cobra led to people farming cobras. Due to self-interest, the socially or morally optimal outcome will never occur as humans would rig the system to perpetuate the incentive. This is the rabbit hole that Nigeria needs to escape from.
The Lonely Road to Excellence
Almost six weeks have passed since I posted the introductory article for this year. In the intervening period, several writing ideas have crossed my mind, but as they say, until your fingers hit the keyboard, ideas are just wishful thinking. Technically, I was on leave, but work and family commitments ensured I always had an excuse not to write. Paradoxically, today’s article tries to encourage something that if done well, may infringe on your right to freedom to enjoy your leave.
Continue reading “The Lonely Road to Excellence”The Fast Way or the Stable Way?
In the course of an intensive week at the Lagos Business School, several speakers hammered on two possible life choices—one that prioritized making money and another that prioritized making impact. Their views quickly came to mind a day later when I encountered a lady who had already made her choice. Continue reading “The Fast Way or the Stable Way?”
Who Deserves What?
We are all conceived in the same way. Sperm penetrates egg—in the darkness of the fallopian tube or in a brightly lit laboratory. A new life comes into existence. After spending months in a womb, a child is born. As the child exits the womb, the baby cries, while those around are filled with joy. Continue reading “Who Deserves What?”