I realized why Africa is perpetually poor and getting bought up by Ch!na and in so much debt.

Africans dont believe in Organised Commerce/Capitalism.

They sit and wait for the government to provide almost everything,or they flee to foreign countries to enjoy what those racists already built for their country.

Africans wont build private hospitals for themselves,they wait for the corrupt government to do it.
Africans wont build private power plants for themselves,they wait for the corrupt government to do it.
Africans wont commercialize their agriculture,they rather waste 1000s of acres of land for subsistence farming.
All Africans do is import goods from racist countries while theyre sitting on trillions of dollars of resources.

Look at the companies in Nigeria VS the companies in Texas!

Nigeria has a population of 200Million and is twice the size of Texas.

https://en.wikipedia.org/wiki/List_of_companies_of_Nigeria

Now Texas with a population of 29Million versus Nigerias 200Million!!

https://en.wikipedia.org/wiki/List_of_Texas_companies

99% OF THESE COMPANIES ARE PRIVATE OWNED!!!

If its Africa,you will be here waiting for the government to make soda plant, chicken farm , phone manufacturer ,supermarkets.

Look at this ,200 Million Nigerians cant build a supermarket chain for themselves,all they do is talk about the government.

Are you sure africans aren't doing these things?

God bless you

sadly, Africans have better things to focus on, like THEIR NEXT MEAL or FINDING A JOB etc than to build hospitals...while the Dangotes etc dont give a damn about the poor or building hospitals because they want to enjoy their newfound wealth.

building a hospital in Africa is different than building a hospital in the west. dont get it twisted!

Some companies moved from Nigeria to Ghana Few years ago because of Epileptic power supply!!

How do you expect the citizen to do all these when you can't even provide them a stable electricity? Or Nigerians are supposed to generate power for themselves too??

Stable electricity alone can Reduce Poverty by 40%

When you don't have basic amenities in a country such as Stable Power supply, Good roads, Conducive environment, security,

How do you expect the citizen to be creative?? Are the citizen the one to provide Power, Roads, Security, And so on for themselves??


The Texas you're talking about, Their government over there has provided world class infrastructures for them that will make businesses to thrive with ease, Do you have that in Nigeria??

A lot of business are moving out Nigeria every year, because of insecurity and epileptic power, and unstable economy!

Instead of Facing the government, You're attacking the poor citizen that live less than a dollar per day!!


OP you don't have a point at all!!

@PortHardcore, You are 100% right.
I have brought this issue up in some relevant threads and I got attacked for it.
People were blaming "our leaders" and corruption rather than face the real issue.

An average Nigerian is entrepreneurship illiterate.
Our business education involves selling imported or locally-sourced goods in rented shops.
The kind of business that has little to no-risk.

But no country ever prosper without risky enterprises backed with solid capital

MrBrownJay1:
sadly, Africans have better things to focus on, like THEIR NEXT MEAL or FINDING A JOB etc than to build hospitals...

You miss the point. There are people also looking for their next meal in every country.
It is not even an excuse as the majority of human existence was spent in subsistence living
until the industrial revolution.

Where did Elon Musk get the initial money to start his companies?
It is definitely not from those living on welfare.
There are Nigerians with serious wealth lying dormant in various bank accounts.
The highest investment they make is buying safe treasury bills.
Generally, we lack the risky entrepreneurial mindset necessary to expand our economy.

while the Dangotes etc dont give a damn about the poor or building hospitals because they want to enjoy their newfound wealth.

Again, this isn't about charity or doing good, it is about a profit mindset.
We are afraid of doing anything that involves the risk of failure when failure
is a natural part of capitalism. Hence, waiting for government to do everything.

Most of those American hospitals were built for-profit and not some pity party for the poor.
The best hospitals in the US are privately-owned.
Many were started during a period of rampart poverty.
The same goes for most businesses. Aside NGO's , no one starts a business to "help the poor".

building a hospital in Africa is different than building a hospital in the west. dont get it twisted!

[/quote]
It is not different really.
Do African people hate profit?
We have a few standard hospitals in Lagos and Abuja built for profit.
They are very pricey and weren't built to help the poor.

The fact that some countries have emerged from endemic poverty in modern times
already prove that the issue is not that some people are looking for their next meal.
In fact, millions were starving in China, few decades ago.

We are like someone in a pit who needs to get out.
But they keep giving excuses that if only they can find a log to build a ladder.
The truth is we will never find a ladder unless we get out first!

We need to develop a proper capital market for investment.

Raydos:
Some companies moved from Nigeria to Ghana Few years ago because of Epileptic power supply!!

How do you expect the citizen to do all these when you can't even provide them a stable electricity? Or Nigerians are supposed to generate power for themselves too??

Stable electricity alone can Reduce Poverty by 40%

When you don't have basic amenities in a country such as Stable Power supply, Good roads, Conducive environment, security,

How do you expect the citizen to be creative?? Are the citizen the one to provide Power, Roads, Security, And so on for themselves??


The Texas you're talking about, Their government over there has provided world class infrastructures for them that will make businesses to thrive with ease, Do you have that in Nigeria??

A lot of business are moving out Nigeria every year, because of insecurity and epileptic power, and unstable economy!

Instead of Facing the government, You're attacking the poor citizen that live less than a dollar per day!!


OP you don't have a point at all!!

Oga no company can move from here to Ghana because of power

I own and run a factory ...I have never been and might never be connected to nepa ..yet power contribute less han 7% of my production cost

Let's stop lying to ourselves ....lack of power is no excuse

People would say I'm tribalistic but I don't care the truth is the truth ...
When Nigeria left ziks capitalist idea before the war and adopted awolowo socialist idea that's when we stop growing

Education is not meant to be free at all , only the rich or intelligent should go to school ...look at the leaders of the north in those days that really went to school ...u would wonder were the hausa accent came from

Socialist run Nigeria ...awo and hello philosophy is what we are doing today ...

Allow free trade ,allow free import , develop your self see the area u have comparative advantage focus there and import the rest

OruExpress:
Are you sure africans aren't doing these things?

If Africans were doing this,would we be borrowing trillions from China to build ordinary road?

Xisnin:
@PortHardcore, You are 100% right.
I have brought this issue up in some relevant threads and I got attacked for it.
People were blaming "our leaders" and corruption rather than face the real issue.

An average Nigerian is entrepreneurship illiterate.
Our business education involves selling imported or locally-sourced goods in rented shops.
The kind of business that has little to no-risk.

But no country ever prosper without risky enterprises backed with solid capital

thanks. I think IM going to shame Nairalanders into seeing that they are the ones that is holding the black race back

Check this out a $50 million dollar power plant that generates 100MegaWatts of power,and it is private owned!
https://www.calpine.com/kennedy-international-airport-power-plant

So nobody in Nigeria can form a corporation and spend $50Million dollars on a power plant!
So you telling me that nobody is willing to pay for electricity in Nigeria!

Igbochief001:
People would say I'm tribalistic but I don't care the truth is the truth ...
When Nigeria left ziks capitalist idea before the war and adopted awolowo socialist idea that's when we stop growing

Education is not meant to be free at all , only the rich or intelligent should go to school ...look at the leaders of the north in those days that really went to school ...u would wonder were the hausa accent came from

Socialist run Nigeria ...awo and hello philosophy is what we are doing today ...

Allow free trade ,allow free import , develop your self see the area u have comparative advantage focus there and import the rest

But this doesn't explain why the rest of Sub Saharan Africa is the same.

PortHardcore:

But this doesn't explain why the rest of Sub Saharan Africa is the same.

Africans are naturally socialist ...that's it ...they fear competition ....that's why u see price regulations ...group of people fixing price

You guys have been shouting Capitalism... Yet you can't practice the same in your region....

Average Africans are naturally socialist.....

MrBrownJay1:
sadly, Africans have better things to focus on, like THEIR NEXT MEAL or FINDING A JOB etc than to build hospitals...while the Dangotes etc dont give a damn about the poor or building hospitals because they want to enjoy their newfound wealth.

building a hospital in Africa is different than building a hospital in the west. dont get it twisted!

Bros , do you know that a $20 Million dollar hospital will provide around 140 jobs.
So 200Million People cant afford $20Million dollar for a hospital?

Bros finding their next meal?Why dont we have commercial farms that can employ thousands of people and feed millions!

So you have starving people and instead of starting a corporation to buy equipment and livestock and set up mega farms, youre waiting on the government for palliatives and hand outs

https://www.perduefarms.com/?sscid=71k4_1s7a2&
[img]http://4.bp..com/_wFCOQNP_58w/TM69ywKYLPI/AAAAAAAAHhc/boznQihnsYg/s640/broilerchickens.jpg[/img]
[img]https://cdn-images-1.medium.com/max/2000/1*UxfwN9wb33OHdX40PCN19A.jpeg[/img]

Igbochief001:

Africans are naturally socialist ...that's it ...they fear competition ....that's why u see price regulations ...group of people fixing price

helinues:
You guys have been shouting Capitalism... Yet you can't practice the same in your region....

Average Africans are naturally socialist.....

If Africans believe in socialism why do they sell stuff at a profit?

helinues:
You guys have been shouting Capitalism... Yet you can't practice the same in your region....

Average Africans are naturally socialist.....

Igbos practice capitalism in the east ...but it's has limit because Nigerian socialist economic policy is limiting them ...now u get why we want our own country ?

Igbochief001:

Igbos practice capitalism in the east ...but it's has limit because Nigerian socialist economic policy is limiting them ...now u get why we want our own country ?

How is Nigeria socialist economic policy limiting what you guys intend to practice in your new country?

How do you want people to believe in the same practice that there is nothing to show for it ?

helinues:


How is Nigeria socialist economic policy limiting what you guys intend to practice in your new country?

How do you want people to believe in the same practice that there is nothing to show for it ?

Are igbos independent ? ... Do determine economic policy ?

Who killed all the break pad industry we have in Nigeria with policy ? ...only one Igbo man makes break pads in. Nigeria and he asked based on high quality

A simple policy can render dangote useless

Igbochief001:

Are igbos independent ? ... Do determine economic policy ?

Who killed all the break pad industry we have in Nigeria with policy ? ...only one Igbo man makes break pads in. Nigeria and he asked based on high quality

A simple policy can render dangote useless

Are Igbo a manufacturer? No

If your being a Capitalist is depending on importing raw materials from other countries, then government might frustrate the effort .. That's no brainier

True

Xisnin:
You miss the point. There are people also looking for their next meal in every country.
It is not even an excuse as the majority of human existence was spent in subsistence living
until the industrial revolution.

stop putting everyone in the same boat... countries that are ravaged by poverty cant focus on having these same hungry people paying for hospitals while their bellies are rumbling in hunger... and the rich people (who CAN pay for these hospitals) dont care and would rather enslave these same poor people into working for peanuts in these rich people's factories.

Where did Elon Musk get the initial money to start his companies?
It is definitely not from those living on welfare.
There are Nigerians with serious wealth lying dormant in various bank accounts.
The highest investment they make is buying safe treasury bills.
Generally, we lack the risky entrepreneurial mindset necessary to expand our economy.

what the hell does the above nonsense got to do with building hospitals for a whole country? how many hospital do you know that Mr musk built?! expecting rich Nigerians to do what the Nigerian gov should is your failure in this issue. the country is rotten with corruption therefore i fully understand why everyone is looking for their own salvation, rather than help the masses.

Again, this isn't about charity or doing good, it is about a profit mindset.
We are afraid of doing anything that involves the risk of failure when failure
is a natural part of capitalism. Hence, waiting for government to do everything.

there is more profit in what these rich men are doing than opening a hospital in a country where A) people dont go to hospital unless they are dying and B) people rather pay some BS herbalist than going to hospital.

Most of those American hospitals were built for-profit and not some pity party for the poor.
The best hospitals in the US are privately-owned.
Many were started during a period of rampart poverty.
The same goes for most businesses. Aside NGO's , no one starts a business to "help the poor".

educate yourself on the issue of medical care in the west, instead of writing irrelevant rubbish... the majority of these foreign hospital's bills are paid by the gov... not directly by the people.

It is not different really.Do African people hate profit?
We have a few standard hospitals in Lagos and Abuja built for profit.
They are very pricey and weren't built to help the poor.

you can only make money with a hospital in a country where people can AFFORD treatment.

The fact that some countries have emerged from endemic poverty in modern times
already prove that the issue is not that some people are looking for their next meal.
In fact, millions were starving in China, few decades ago.

there is a reason why communist countries like China/Cuba have some of the best FREE hospitals in the world, yet you dont use your brain to expect the gov to do the same...and offer free medical care.... but will be quick to compare africa with these foreign countries, while expecting rich Nigerians to do what the Nigerian gov should and/or what these foreign countries are doing?!?!?!? are you ok?!?!?

We are like someone in a pit who needs to get out.
But they keep giving excuses that if only they can find a log to build a ladder.
The truth is we will never find a ladder unless we get out first!
We need to develop a proper capital market for investment.

again, people are hungry, you are focussing on BS...let the people get 3 square meals per day FIRST then let them have a job and no worries in life SECOND, before expecting them to invest their own money in whatever nonsense hospitals you are talking about!

PortHardcore:
Bros , do you know that a $20 Million dollar hospital will provide around 140 jobs.
So 200Million People cant afford $20Million dollar for a hospital?

what the hell are you talking about? do you really expect ALL Nigerians to chip in to pay for hospitals while bastards polithieves are looting the country's coffers?! are you ok?!?!?

Bros finding their next meal?Why dont we have commercial farms that can employ thousands of people and feed millions!

create that farm and employ the millions then and stop expecting common hungry people to chip in to create these farms. Nigerians that cant come as one to get rid of the polithieves that are robbing them daily, you expect these same people to get together to create a biz?! abeg grow a brain!

So you have starving people and instead of starting a corporation to buy equipment and livestock and set up mega farms, youre waiting on the government for palliatives and hand outs

who is waiting for palliatives?! Nigerians are looking for their next meals... looking for jobs that they cant create themselves...and the minute they will get a little money, they will invest in their own selfish biz to cater for their own hunger, and certainly not invest in some foolish hospitals etc that the gov should provide for the masses. whats next? Nigerian investing their own money to build power plant so that they can have 24hr light abi?!?!?

Igbochief001:
[s]People would say I'm tribalistic but I don't care the truth is the truth ...
When Nigeria left ziks capitalist idea before the war and adopted awolowo socialist idea that's when we stop growing

Education is not meant to be free at all , only the rich or intelligent should go to school ...look at the leaders of the north in those days that really went to school ...u would wonder were the hausa accent came from

Socialist run Nigeria ...awo and hello philosophy is what we are doing today ...

Allow free trade ,allow free import , develop your self see the area u have comparative advantage focus there and import the rest [/s]

Trash

Denmark
Finland
North korea
Sweden
Ireland etc are far more developed than Nigeria and they are all socialist, so stop disturbing us about Zik capitalist rubbish talk.

helinues:


Are Igbo a manufacturer? No

If your being a Capitalist is depending on importing raw materials from other countries, then government might frustrate the effort .. That's no brainier

Are igbos manufacturer ? ...some of u really need to travel to the east n see things for your self

See your brain u don't want to allow raw material import but u we allow finished goods ...SMH

To begin with Africans were never Capitalists, a society that believe in Family Value and Moral upbringing would naturally find it hard to transition into Individuality and Capitalism.

Some time ago I was listening to a presenter on the Radio complaining about our loosing of Cultural Values like language, mode of dressing, greetings etc and I thought to myself, it's still a long shot before Nigerians get it right.

The thing is our Africa Value make us hesitate and doubt every of our Actions.

For Africa to move forward, we need to come together and decide what History we are going to Preserve, Present, and Live by, just like the Chinese did.

Balogunodua:

Trash

Denmark
Finland
North korea
Sweden
Ireland etc are far more developed than Nigeria and they are all socialist, so stop disturbing us about Zik capitalist rubbish talk.

South Korea is not a developed country

Scandinavian countries are social capitalist ...not socialist ...socialist states are Russia ...China ( but have cities capitalism can operate ...and those are China's biggest cities )

U need to be developed first before u start to add socialise attributes but as a developing nation ... socialism would stagnant u

Igbochief001:

Are igbos manufacturer ? ...some of u really need to travel to the east n see things for your self

See your brain u don't want to allow raw material import but u we allow finished goods ...SMH

What do Igbo manufacture that serves average Nigerians consumer needs?

Nigeria will not get better....in our generation. Its folly to make a wishlist.

Splitting the cou try is the best option

A socialist Oduduwa

A capitalist Biafra

MrBrownJay1:

educate yourself on the issue of medical care in the west, instead of writing irrelevant rubbish... the majority of these foreign hospital's bills are paid by the gov... not directly by the people.

The above shows that we cannot have a fruitful conversation.
If you can't get basic facts right, then you clearly are not equipped for such.

The OP have said everything, I have nothing to add.