Connect with us

News

Food for Living: Kick Out That Poverty Mentality

Published

on

By Henry Ukazu

Dear Destiny Friends,

It is generally believed that poverty is a disease. According to some schools of thought, poverty is infectious. These schools of thought believe that when you hang around with poor people, you’ll subconsciously begin to think and act like them. That’s why it’s highly imperative to be around great minds, and if possible, wealthy minds who have achieved genuine success. A popular saying has that if you are around nine billionaires, it won’t be long before you become the tenth billionaire.

Let’s contrast a poverty mindset as against a wealthy mindset with the full knowledge that a mindset is a lens through which we view the world. A poverty mindset is a set of beliefs and behaviors which has been subconsciously ingrained into one’s life.  It comprised perceptions and attitudes that inform one’s thoughts and decisions. A wealthy mindset is a set of beliefs, habits, and behaviors that separates the wealthy from the rest.

Poverty mindset is commonly found in people who have experienced poverty in childhood. When you’ve got a poverty mentality, your mindset is fixed on a strong belief that everything is hard to get, i.e. it’s difficult to make money, get ahead in a career, make friends, and so on. In fact, you see life as a struggle or an uphill battle.

A poverty mindset makes you live in fear; it makes you feel you can’t achieve anything. It’s like tying a baby horse to a chair, the horse will grow to believe that the chair is responsible for his inability to move, not knowing that it is held bound by his mindset, and if only it can attempt to move, it will overcome any limitation surrounding it. But guess what? You can change your mindset. You are in control, you can re-engineer how you think.

To know someone who has a poverty personality, such a person normally always highlights a state of lack, the person always believe he or she cannot afford or attract what they need, the person plays the victim mentality, for instance, the person feels the wealth of some person is responsible for their misery. He always feels things will never change. Therefore, think, reflect and see if these signs are applicable to you.

The biggest misconception when it comes to wealth is that only people with millions of dollars in their bank accounts are “wealthy.” But that’s’ a fallacy because true wealth lies in ideas. It should be noted that lack of money is not only a result of finances but also, ideas. In fact, the greatest reason why most people are poor is as a result of a lack of ideas.

Some uninformed minds are quick to believe that provided they have “money”, they are smart. If the only thing you have is money, you are poor. This is because you should be able to get to a stage in life where your goodwill should be able to attract opportunities and favour for you. Let me put this in proper perspective, if you are given one million dollars and you have no idea of what to do with it, you’ll lavish the money with the hope that another money will come in. That’s simply how the poverty mindset works. But if you have ideas, you’ll invest money for good cause, no matter how little.

In our contemporary society, ideas run the world. Men of ideas are not only respected, but they are valued. According to Quincy Adams, “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” The question you should be asking yourself is, whose voice am I listening to? Who are am I associating with? If I am working with the same people in the same environment, am I likely to achieve my vision? If your answer is no, it’s high time you told yourself the honest truth. Remember, you can lie to others, but you can never lie to yourself.

Sign of Poverty Mentality

Blame Game

Poor minds are always fond of playing the blame game. You blame everyone and every circumstance for any misfortune that come your way. You blame the economy, government, your employer, your spouse, your parents for everything. You fail to realize there’s a universal law that says, “What you focus on expands”. People who play this card always have an entitlement mentality.

Poor Mindset

According to Lao Tzu: “Watch your thoughts, they become your words; watch your words, they become your actions; watch your actions, they become your habits; watch your habits, they become your character; watch your character, it becomes your destiny.” Most times we think just because we can’t afford something, we feel it is far from our reach. According to Ralph Waldo Emerson, “We become what we think about all day long. “Norman Vincent Peale opines, “Change your thoughts and you change your world.”

To Develop a Wealth Mindset?

The best part of developing a wealth mindset is that you can start immediately — by education, strategizing, and then take action. You can do this by saying, “I am good enough.” “I can succeed” “I will be rich.” This is called a shift in mindset.

Think Big

Use your thoughts to change your perception to life. Kick out any negative thoughts that tells you your environment or family background will limit you from becoming wealthy. Get into a group of big thinkers by investing in yourself. Attend courses, programmes, and events of interest to gain clarity.

Have an Abundance Mindset

Being consciously aware that you need to change how you think is the starting point. An abundance mindset is a belief that there’s plenty of everything for everyone, and lots of time to get it. When you have an abundance mindset, lack disappears. You can use the law of attraction to attract what you need. You can practice using gratitude and positive affirmations to change your mindset from a poverty mindset to a wealth mindset. When you spend time appreciating what you have (e.g. people, places, things, and character traits), you move into a much more positive mental space.

Poverty mentality is not only limited to money and ideas, it is also related to personality and attitudes. For instance, as a student, your grades are not enough for you to get a job, employers also look at your personality and vision to life. As a single lady, men are not only interested in your beauty, they scale up their search to know if you have a good character. As an entrepreneur or businessman/woman, your customers are not only concerned about your product, they also look to see how you treat them. As a job seeker, you can kick out the entitlement and poverty mindset by volunteering or working as an intern, by so doing, an opportunity can be created for you.

In conclusion, I will advise and suggest you sit down and evaluate your thoughts, actions, mindset, friends, and most importantly evaluate your life and ask yourself, am I existing or living? Do you see yourself reaching or living the kind of life you aspire with the kind of thoughts and lifestyle you are living today?

Henry Ukazu writes from New York. He’s a mindset coach and self-discovery expert. He works with the New York City Department of Correction as the Legal Coordinator. He’s the author of the acclaimed book Design Your Destiny – Actualizing Your Birthright To Success and President of gloemi.com. He can be reached via info@gloemi.com

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Sack Gbajabiamila Now, NDC Tells Tinubu Amid Fake Agency Scandal

Published

on

The Nigeria Democratic Congress (NDC) has called on President Bola Tinubu to immediately remove his Chief of Staff, Femi Gbajabiamila, over allegations linking him to an alleged multi-billion-naira corruption scandal involving a purported non-existent  government agency, the Presidential Foreign Intervention Promotion Council (PFIPC).

In a statement issued on Friday by its National Publicity Secretary, Osa Director, the opposition party described the allegations as grave and said Gbajabiamila’s continued stay in office could compromise any credible investigation into the matter.

The NDC’s demand follows allegations made by Prince Mathew Adeniyi Adeyemi, who claims to be the Director-General of the PFIPC, an agency the Presidency has publicly denied exists.

According to the party, the allegations raise serious concerns about transparency, accountability and integrity within the Tinubu administration.

The NDC alleged that despite the Presidency’s denial of the agency’s existence, the PFIPC purportedly secured budgetary allocations in the 2026 Appropriation Act and opened a domiciliary account, a Pound Sterling account and a Treasury Single Account (TSA) domiciled with the Central Bank of Nigeria.

The party questioned how an agency described as non-existent could allegedly establish multiple high-level government financial accounts without official approval or the required documentation.

It also called on the Office of the Accountant-General of the Federation to explain whether forged documents were used in processing the accounts.

The statement further alleged that the Head of the Civil Service of the Federation approved 314 staff positions for the purported agency, describing the development as another issue requiring urgent explanation.

According to the NDC, the allegations also include claims that Gbajabiamila demanded 48 per cent of the agency’s take-off grant, reportedly valued at N27.39 billion, a request Adeyemi allegedly rejected.

The party also cited Adeyemi’s claim that he secured his appointment through the Chief of Staff after allegedly paying N600 million, of which N400 million was allegedly paid through proxies, while N200 million remained outstanding.

It said the alleged unpaid balance reportedly contributed to the Presidency’s subsequent denial of the agency’s existence.

The NDC further alleged that the claims point to a wider pattern of institutional corruption, including the alleged sale of public appointments.

The party also linked the controversy to the death of Babatunde Tanimola, whom it described as an intermediary between Adeyemi and the Chief of Staff.

According to the statement, Tanimola reportedly died in a fire incident at a hotel in Utako, Abuja, on October 22, 2025, a day after the police reportedly received a petition from the Chief of Staff.

The NDC also referenced Adeyemi’s claims that he survived multiple assassination attempts, including an attack along the Abuja-Kaduna Expressway on September 7, 2025, and alleged that certain individuals within government are plotting to eliminate him.

Against the backdrop of the allegations, the party demanded the immediate removal of Gbajabiamila to allow what it described as a full and impartial investigation.

It also called on President Tinubu to establish an independent investigative panel to examine the alleged operations of the PFIPC, including its budgetary allocations, financial transactions, account openings and staff recruitment.

The NDC further urged investigators to probe the circumstances surrounding Tanimola’s death and the alleged assassination attempts on Adeyemi, while recommending that Adeyemi be granted witness protection.

The party also demanded that the Chief of Staff produce all official documents signed since assuming office for forensic examination.

In addition, it called for the questioning of officials of the Central Bank of Nigeria (CBN), the Office of the Accountant-General of the Federation, and the Office of the Head of the Civil Service of the Federation over their alleged roles in the matter.

The opposition party also urged the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Nigeria Police Force to commence what it described as a thorough investigation without fear or favour.

“The NDC will not accept the usual tactic of issuing a mere defensive press release from the Presidency as a deflective ploy. Nigerians deserve to know the truth through a transparent process that promotes fairness and justice,” the statement said.

The Presidency has previously maintained that the PFIPC is not a recognised government agency.

As of the time of filing this report, neither the Presidency nor Chief of Staff Femi Gbajabiamila had responded to the fresh allegations contained in the NDC statement.

Continue Reading

News

Again, Dangote Refinery Slashes Petrol Price

Published

on

The Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of Premium Motor Spirit (PMS), marking its fourth price cut within one month, as the company signaled that Nigerians could expect further price moderation in the coming weeks.

The latest reduction of N50 per litre brings the cumulative decrease in the refinery’s ex-depot price of petrol to over N200 per litre since May 30, 2026, lowering the gantry price to N1,075 per litre.

Over the same period, the refinery has also reduced the ex-depot price of Automotive Gas Oil (AGO), commonly known as diesel, by N300 per litre, while Jet A1 aviation fuel has recorded a cumulative reduction of N520 per litre.

In a statement on Thursday, the refinery said the successive price cuts underscore its commitment to ensuring Nigerians benefit from favourable market developments through fair, responsible, and sustainable pricing of petroleum products.

The company noted that while it remains focused on transferring cost efficiencies to consumers, it is equally committed to maintaining the operational and financial sustainability of domestic refining.

Dangote Refinery explained that its pricing model is not tied directly to daily movements in international crude oil prices, stressing that crude oil is procured weeks or, in some cases, months before refining under commercial contracts linked primarily to monthly average pricing mechanisms rather than prevailing spot market prices.

According to the company, the petroleum products currently being supplied were refined from crude inventories acquired when international crude prices were significantly higher than present levels.

It disclosed that the average landed cost of crude processed by the refinery stood at approximately 124.80 US dollars per barrel in May and 95.25 US dollars per barrel in June, compared with the current international Brent benchmark of about 71.01 US dollars per barrel.

The refinery further clarified that its feedstock is not purchased at the headline Brent price widely reported in the media. Instead, crude is acquired on a Dated Brent basis, with additional market premiums, freight and logistics costs, resulting in actual landed costs that differ materially from benchmark quotations.

Despite these elevated feedstock costs, Dangote Refinery said it deliberately absorbed a substantial portion of the increase instead of transferring the full burden to consumers immediately.

It said the decision is aimed at supporting market stability, easing inflationary pressures, and shielding Nigerians from the sharp volatility witnessed in global energy markets.

“For this reason, prices of petroleum products in Nigeria are still lower than prices in neighbouring countries even after adjusting for taxes,” the company stated.

Dangote Refinery noted that Thursday’s N50 reduction in the ex-depot price of PMS represents the fourth downward adjustment within one month, bringing cumulative reductions to more than N200 per litre.

The company said its pricing decisions are anchored on actual production economics and inventory replacement costs rather than short-term fluctuations in the international oil market.

It expressed optimism that fuel prices would continue to moderate as lower-cost crude cargoes progressively replace higher-cost inventories in its production cycle, provided international market conditions remain favourable.

The refinery also highlighted the stabilising role of domestic refining in Nigeria’s energy sector, saying its production capacity is now sufficient to meet national demand, thereby strengthening energy security, reducing dependence on imported petroleum products, conserving foreign exchange, and providing greater price stability for consumers and businesses.

Reaffirming its long-term commitment, Dangote Petroleum Refinery said its objective remains to supply high-quality, internationally compliant petroleum products at competitive prices while strengthening Nigeria’s energy security, supporting economic growth, and ensuring the long-term sustainability of Africa’s largest refinery.

The company expressed appreciation to Nigerians for their continued confidence and support, pledging to remain committed to building a stable, efficient, and globally competitive downstream petroleum industry that serves the interests of consumers, businesses, and the nation as a whole.

Continue Reading

News

Attempted Coup: DSS Arraigns Five for Alleged Refusal to Reveal Timipre Sylva’s Hiding Place

Published

on

The Department of State Services (DSS) at the Federal High Court in Abuja, arraigned five associates of former Minister of Petroleum Resources, Timipre Sylva.

They are accused of concealing information regarding the whereabouts of their principal, who is alleged to be a financier of an aborted coup attempt against President Bola Tinubu.

Sylva, a former Governor of Bayelsa State, has been declared wanted by the Federal government, and his identified properties have been marked for forfeiture following his indictment as the sponsor and mastermind of the alleged coup plot.

The five associates are Reuben Ayuba, Musa Mohammed, Friday Paul, Paganengigha Anagaha, and Ayebaifife Suobite. They were arraigned on Wednesday before Justice Peter Lifu.

A two-count charge filed against them indicates that the accused became accessories after the fact of felony on April 28, 2026, by concealing the whereabouts of Timipre Sylva, who is classified as a fugitive. The alleged offense is contrary to Section 519 of the Criminal Code Act Law of the Federation of Nigeria, 2004.

Additionally, the DSS has accused them of conspiracy to commit a felony, specifically for concealing the whereabouts of Timipre Sylva, also a fugitive, in violation of Section 516 of the Criminal Code, LFN 2004.

All the accused persons pleaded not guilty to the charges when they were read to them.

DSS lawyer, Emmanuel Orubor, requested that the judge schedule a date for the DSS to commence their trial by calling witnesses to testify against the defendants.

In response, Sunusi Musa (SAN), who represented Reuben Ayuba and Paganengigha Anagaha (the 1st and 4th accused persons), filed a bail application for his clients on various grounds.

Similar applications were made by Ibrahim Imadegbelo, representing Musa Mohammed (the 2nd accused), I. G. Kelubia, standing for Friday Paul (the 3rd defendant), and E. C. Sogo, who argued for Ayebaifife Suobite (the 5th accused person).

The lawyers pointed out to Justice Lifu that their clients have been in custody since October 25, 2025, and urged the court to grant them bail on liberal terms.

In a brief ruling, Justice Lifu granted them bail in the sum of N5 million each, along with two sureties for each, in a similar amount. The sureties are required to swear to an affidavit of means, provide evidence of three years of tax payment, demonstrate visible means of livelihood, and submit recent passport photographs.

Justice Lifu ordered that the claims of identities of the sureties must be verified by the Registrar of the Court.

Pending the perfection of the bail conditions, the Judge ordered that the accused persons be remanded in Kuje Correctional Centre in Abuja and fixed July 22 for the commencement of trial.

Continue Reading