Corruption starts because of fear. What am I going to feed my family with? How am I going to pay the school fees? Then after the first major benefits of corruption is achieved it becomes a way of life. This way of life is then thought to others in the society.

The problem remains that most Africans struggle to create wealth because they don't understand basic principle of money and how the financial world works. This is one of the reasons Africans are poor. What You See Is Not What Is There. (WYSINWIT). Remember that. People don't understand how $25,000 can turn into $2.1 million in 20 years. If they did, they would probably choose that model to protect their financial future. The other reasons our people remain poor are:

1. They carry too many problems on their head from family. Distance relatives. They call it culture. The Africa culture create poverty faster than people can get out of it. Every individual is created with the power to struggle and succeed. They justs have to use that power. There is no Jesus for every family. If you are the Jesus or Joseph in your family, it is probably the time to stop because you are sowing poverty for yourself and the rest of the family.

2. What Africans call investments is wastage of money. The Dutch people calls it "Kapitaal Vernietiging" which means capital destruction. Buying expensive cars when you cannot really afford it or can do with just a simple ride. Expensive wrist watches just to tell time, expensive parties etc. Some poor Africans spend over $25000 yearly on luxury items . That is $2.1 million compounded in 20 years that is wasted today.

Some people I know are actually able to do this for 10 years straight..Which means they can actually have an income of over $2.2 million per year for 10 years over 20 years times and be one of the elite rich. That without corruption.

3. African man wants to waste money at home but he calls it investment. Just drive around the streets of any GRA in Nigeria to see very large houses dilapidating without maintenance because those that built them cannot maintain them anymore. This is capital destruction. But it is culture.

Europeans and Asians for example invest all over the world. They take the wealth from the investment to build their homes but don't eat or destroy the capital. Capital is called Seed Money. We go overseas and slave for them then bring the seed money we got back home and destroy the capital and go back to slave again.

4. Wealth is accumulated. The white people became this rich because most of the wealth were accumulated over hundreds of years. Many of the wealth as you know came from Africa, but they kept them and preserved them. You can still find the first mercedes Benz car that was build. If it was in Africa, you cannot find it back. So wealth has to be created and passed from one generation to the other.

5. Black people all over the world are consumers. We don't produce much, not even food and we are not ashamed of it. In fact, we are proud of it. The consumer is always the slave of the producer. It is the producer that makes the money and determine what a consumer must eat, wear, drive and how to live. A group of people who are consumers can never be rich and we remain technically slaves. today only Black people in the world fit this model.

You can change this narrative.



https://m.facebook.com/story.php?story_fbid=407894956383285&id=158338594672257

Deep

The main reason why we are poor is our greed and wickedness...and the witches in our various villages are also not helping

As a Nigerian, don’t let Nigeria stand in your way of finding your true country.

Go get that VISA.

All of these can be summarised as: Low IQ. Which makes it impossible for creativity to thrive. I mentioned being a consumer society on a thread and one guy came attacking me. To be rich you have to create something for the poor to consume and charge them because they don't have capacity and out of the box thinking to produce. However, if the poor man can think out of the box, he is able to bargain and empower himself to that point where he can start producing. The case with China and Singapore. I totally agree with living expensive and wasting capital. We don't provide solutions to problems rather we cut corners. Mental laziness. What will my child eat? Let me farm or go hunt... right answer, let me look to provide solution to a problem and make money.. right answer.. not stealing public funds. The unfortunate part is we have leaders who do not have progressive minds. If only all our leaders can just be "kagame". It will take less than 20 years to transform Africa.

True! 1, 4 & 5 especially.

Ask your self have you ever seen a Black man as talented as Messi, Ronaldo etc ?

Its a biology thingy!!! The way Black people are wired... they will forever remain a "third world".

Very correct.

To escape the mentioned points above

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We are poor because we are blacks
Wherever two or more black person gather, there must be epitome of poverty

on point.













check my profile pic

I agree with number 2 in totality.



check my SIGNATURE

it all boils down to over bloated egos and lack of principles.

Including witches and wizards

They also contributes to poverty

Bitter

U will see Nigerians avoiding this thread. Our government are the chief culprits

Thebwoy:
We are poor because we are blacks
Wherever two or more black person gather, there must be epitome of poverty

Boomerang bigot on the loose.
What about dangote, or otedola?

Whether we admit it ot not. The black mans prob is in his dna

Everyone always talking about the problems...What about the solution?

iamprofralph:
Including witches and wizards

They also contributes to poverty

You are right. Belief in imaginary entities like the above has switched off the brains of so many intelligent nigerians

I just don't really believe Nigerian are poor, minority always falls victim.
Every country is endowed, but not every one is equip.
Who am I, I know nothing!

Africa and backwardness is like Bread and Beans

abiodunalasa:

Ask your self have you ever seen a Black man as talented as Messi, Ronaldo etc ?

Its a biology thingy!!! The way Black people are wired... they will forever remain a "third world".

You mean the way some people's "biology" is "wired" to think?

ednut1:
Whether we admit it ot not. The black mans prob is in his dna

Racist. Speak for yourself bro.

Just on point

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He forgot to add bad governance.

abiodunalasa:

Ask your self have you ever seen a Black man as talented as Messi, Ronaldo etc ?

Its a biology thingy!!! The way Black people are wired... they will forever remain a "third world".

George opong weah

Religion is one of the major reasons. If not number 1

abiodunalasa:

Ask your self have you ever seen a Black man as talented as Messi, Ronaldo etc ?

Its a biology thingy!!! The way Black people are wired... they will forever remain a "third world".

is jay jay not beta dan both u av a chronic inferiority complex besides are dey talkin of footballers monkey!

Greed... Wickedness... Selfishness... Tribalism. Killed Africa.