₦airaland Forum

CUM4WHAT:
sup dear, would u mind posting few contents for sme nice cash monthly??

ok tell me about it.but your moniker no be here lol

Read this story and it may help build ur business reasoning:

Ebele the hunter goes into the bush, killed a very big Antelope and sold it to Mama Ngozi who sells pepper soup.

He sold the antelope for N1,000 to mama ngozi and then told mama Ngozi to make sure the pepper soup is well made because he will be coming in the evening after shower with his friends to enjoy themselves.

When they got there that evening, they ordered for plates of pepper soups which Ebele (the hunter) bought the head for N500, he bought the four legs for four of his friends at N500 each, another person ate the intestines as assorted, he paid N500 for it, three other persons also ate the tail and other parts worth of N500 each.

So, The hunter ends up spending N4,500 to buy what he sold to Mama Ngozi for just N1,000.

Mama Ngozi at the end of stock made a cool N3,500 profit just by cooking (processing) the meat and selling it back to where she bought it from.

Hmm That is 350% profit and there's still excess remaining to sell to other customers.

So who is wise and who is foolish here?

Let us relate this story to our dear country Nigeria. We sell crude oil to UK at $110 per barrel and we are very happy; so happy that we spend the money lavishly, and then go back immediately to UK to buy the processed crude oil in the form of Kerosene, PMS, AGO, Tar, petroleum jelly, wax, petrochemicals etc. At the end of the day we end up buying these products at 12 times the cost of what we sold them.

How is it possible Nigeria is not broke? Nigeria sure has been broke since 53 years ago.

Happy weekend.