PREAMBLE
Nigeria as a nation is ravaged by many internal problems. It is no longer news even to the blind that things are not the way they should be in our society. Nigeria problem is hydra-headed. Many scholars have viewed it from the different perspective as corruption, problem of leadership, indiscipline, greediness, consumerism, et cetera. Squander mania mentality is not out of the list. The rate at which people spread dollars at occasions is quite embarrassing. The history of Nigerians is that of a people in search of naira and the ostentatious show of wealth. Some people construe squandeermaniarism as a means of ascertaining themselves in the society. So, the more ostentatious you are, the more you are socially recognized and canonized. The root cause of social evil in our society is nothing but consumer consciousness. In bid to have more in order to spend extravagantly people often indulge in all kinds of ills like: kidnapping, bribery, drug addict, money laundry, stealing, armed robbery, gangsterism, corruption and embezzlement. Squandermania consciousness has turned some of our leaders into caterpillars’ of common wealth. In fact the evil malice in us has been exalted to the point of genius in some of us. Moreover, in January 1987, the Anambra State government under the governorship of Captain Emeka Omeruah organized a crusade against squandermania. They so accurately deciphered the basis of indiscipline and underdevelopment in our nation as squandermania mentality. In this work we shall be looking at squandermania mentality as the root cause of our social evil and the possible remedy. In order to better appreciate this topic, let us explicate the basic concept.
CONCEPTUALIZATION OF TERMS.
Squandermania mentality literally means conscious wasteful or useless spending on daily basis.