Good evening and happy weekend, ladies and gentlemen! Today, on your daily tonic, I want you to add your voice and tell us “Why is America richer than Nigeria? Anyway, that’s if you even believe America is richer…. Hahaha!
This was the multi million naira question, my boss, Governor Rochas Okorocha asked us yesterday while teaching us his “Rochanomics” leadership concept. As a trainer and facilitator myself, I watched with delight how he professionally led the sessions.
According to him, God created the universe and gave to all nations and countries the same basic gifts, which are: human and material resources. He added that developed countries around the world, like America made maximum use of both their human and material resources, while those who neglected either the human or material resources ended up in poverty and underdevelopment.
Now, back to the question again… Why is America richer than Nigeria? In a bid to answer this question, so many people said that Americans were usually taught to love their country from childhood. Some said that it’s because of the foundation laid by their forefathers while others still maintained that it’s because of their environment and blamed the poverty in Africa on the abundance of food and natural resources.
As reasonable as those answers may be, for me, I think, America is richer than Nigeria because their economy is private sector driven while in Nigeria, we depend on the government for everything. I don’t know what your opinion is but I strongly believe that too much dependence on the government and oil companies, for those in the Niger Delta region have affected us so much.
While other young people in developed countries are busy pitching their business ideas before Venture Capital Groups, Angel Investors and Equity Investors, our youths are here waiting for government white collar jobs, where they will be paid peanuts. The same applies to our contractors and service providers, there’s no business if it’s not a government bloated contract.
The truth is that, a nation that depends on the government for everything can never be prosperous. It’s only the springing up of private sector led investments that can increase the GDP of any country. Have you ever wondered why the high exchange rate between the naira and other foreign currencies like the Dollar, Euro, Pounds, etc have refused to crash? It’s because, we’re not producing anything, not manufacturing anything and not exporting anything…
Aaahhhh, I think it’s time to hear from you, guys! Don’t forget to sign up for the Youth Cooperative and Enterprise Academy at www.youthscare.org
I am youthscarely yours,
Remy Chukwunyere
Youth Cooperative and Enterprise Academy 