NATIONAL ASSEMBLY AGAINST PONZI SCHEMES NIGERIA: A PHILOSOPHICAL REFLECTION Towards the end of last year (2016), the National assembly took a swipe at Ponzi schemes in Nigerian even ordering the EFCC to get the inventors arrested. Many believe that this is one of the contributory factor to the fall of Ponzi schemes especially MMM Nigeria. Many commended the action of the National Assembly against Ponzi schemes and hold it was done to the best interest of the country and the citizenry. It was to save Nigerians from what happened in other countries. However, for my own part, I consider the actions of the National Assembly to be immature, bereft of incisiveness and ingenuity, typical of third world countries. I strongly hold this opinion of my because of the following reasons: a. It is a fallacy of over generalization to conclude that for the fact that MMM failed in other countries, that MMM and other Ponzi schemes would also fail in Nigeria. Such pessimistic attitude is found am
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THE DEVELOPMENT OF SCIENCE AND TECHNOLOGY IN NIGERIA: NEED FOR CREATIVITY AMONG NIGERIANS IN A RECESSING ECONOMY ------------------------------------------------------------------------------------------------------------------ Cyril Chinwendu Ononye Cyriltex75@gmail.com ABSTRACT: The evolutions and successes of the world today are products of science and technology. A close and careful examination of the wonders and achievements of science and technology would make one to believe and generalize that science and technology (ST) have the solutions to world and human problems (Edobor and Maliki). By the nature of science and technology, man has been able to expand and exploit his environment for his benefits. However, this does not rule out some cases of mishaps. Science and technology has proven beyond all reasonable doubt that earthly resources are inexhaustible and can be regenerated through continuous scientific and technological means via education. Education, whi