Video: Nigerian Billionaire Cosmas Maduka Denounces ‘Money Na Water’ Slang…see reactions

Cosmas Maduka, founder of Coscharis Group, criticized the slang ‘money na water’ in a viral video, arguing it promotes reckless spending and lacks humility among true wealth holders.

He cited fellow tycoons Tony Elumelu and Femi Otedola, who avoid such displays, and warned that the trend poisons young minds in Nigeria’s challenging economy.

The video has garnered over 72,000 engagements on X, drawing praise for his wisdom and pushback from those defending visibility in entertainment and social media.

 

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