Lethal234:
To begin with Africans were never Capitalists,

Totally wrong.
No society was capitalist until about 200 years ago and neither were they socialist.
Feudalism was the order of the day.

a society that believe in Family Value and Moral upbringing would naturally find it hard to transition into Individuality and Capitalism.

This is funny because the people with these traits are the most capitalistic portion of the American
populace. The socialist think morality is a burden and don't give a sht about family.

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.

This is also irrelevant

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.

It doesn't really and I think it is wrong to talk about Africa as a whole.
We are very different people with different behaviors and values
and living on the same continent can't change that fact. So, it is better
to limit discussion to smaller entities we have some control over.

The Chinese never erase any of their histories, in fact, they sacrificed millions of lives
to preserve it. The mistake you and others make is to conflate disparate issues.
There is no connection between the mode of dressing and entrepreneurship mindset for example.

Moreover, we aren't actively preserving most of our history beyond sentimental issues and fear
inducing superstitions.

The Chinese didn't have to lose themselves to progress, they just adopted what works in other places.
They opened up their country and adopted a proper capitalist market. We can do the same thing too
without condemning everything we have.

Also, we don't need the whole populace to fall in line, we just need a few percent to lead the way.

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.

I don't agree with the guy you quoted but your rebuttal is also wrong.
First, Nigeria is far richer than North Korea.
Buildings and Nuclear weapons aren't the measurements of development.

Second, you can't compare countries with a tiny and dying population who have a long history
of acquiring wealth with a large and growing one. Any poor country with significant that promotes socialism will remain poor for life.
Of course, everyone will be equal in poverty.
And those basking on natural resources will pay dearly in the future as technology render their demand obsolete.

Do you know hoe many businesses government policies alone have killed this year?

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

The truth is that Zik had no idea(socialist or capitalist) or never promoted it.
Before independence, most companies were owned privately by the colonialist
At no time was Nigeria a truly capitalist or socialist country at least not until Buhari
started sharing money. We have had subsidized tertiary education and health for long
but we aren't unique in that aspect.

Education is not meant to be free at all , only the rich or intelligent should go to school ...

Education is meant for all that can afford it or get someone(including the government) to pay for them.
In fact, a society that abandons early education is headed for doom.
It isn't an accident that every country has some form of free education.

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 ...

We have some socialist programs but the real problem is that the populace thinks
government should be responsible for everything apparently due to decades of politicians
promising to solve all problems.

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

This is good advice.

Xisnin:

Totally wrong.

First of all, Capitalism has been in existence long before America was found. Europeans have always came together to flag off some Trade or Idea. Plus Capitalism is not all about Finance but also we have intellectual Capitalism, which in fact precedes and birth Financial Capitalism.

What I mean by Family Values in the Society; Nigeria for example practice Extended Family settings in which an Individual has to consider the opinion of every/most Individual in the Family before making decisions, on matters that most times only out to concern them. IE Marriage.

Even though I have little knowledge about Chinese History I think I read somewhere, where, Moi was talking about adopting Chinese Value and Characters rather than foreign Characters.

But then you seem not to see the correlation between Cultural Believe Systems and National Development.

You can't Build a Nation with out History, now are we going to adopt our pre-colonial History? When there was never Nigeria? Like the presenter want's or are we going to Build on our Independent Figures? Like our Politicians want. Somehow you seem not to understand this is a battle one side as to win before any meaningful development can happen.

Xisnin:

I don't agree with the guy you quoted but your rebuttal is also wrong.
First, Nigeria is far richer than North Korea.
Buildings and Nuclear weapons aren't the measurements of development.

Second, you can't compare countries with a tiny and dying population who have a long history
of acquiring wealth with a large and growing one. Any poor country with significant that promotes socialism will remain poor for life.
Of course, everyone will be equal in poverty.
And those basking on natural resources will pay dearly in the future as technology render their demand obsolete.

But Nigeria don't even practice socialism but mix of both capitalism and socialism which is not working due to our corrupt leaders and i only gave the guy example of countries practising socialism because he was trying to paint Awo bad and Zik to be good.

MrBrownJay1:

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.

Abi.So youre saying that All of our African elites are uninterested in making money in AFRICA!They don't want to build simple things like air conditioners/refridgerators/buses?
So nobody in Africa will build a private hospital,they rather pay $1500 to fly to Britain to seek medical care Abi?
What makes more sense?Having a hospital within driving distance or spending $1500 on a ticket to go see a racist doctor?

MrBrownJay1:

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.

Bros,Look at this.
https://www.yellowpages.com/dallas-tx/private-hospitals
There are over 30 private hospitals in DALLAS,TEXAS!!!!
Dallas has a population of 2.6 Million people,NIGERIA HAS A POPULATION OF 200MILLION!
Some of them are owned by physicians, others by families or coops.

MrBrownJay1:

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.

But people still go to hospitals
You dont have to be rich to be an entrepreneur.
You can start businesses from small,or you can partner your capital with other people!
How far now?!
So theres no profit in construction or automobiles or air conditioners or agriculture,abi?

Kenya is building the world's new most expensive road, 27km
Jomo Kenyatta International Airport-Westlands Highway ($583.821 million).

China Road and Bridge Corporation is estimated to make a $1.020 billion profit. They will run it for 27 years (2023 - 2049).

[img]https://pbs.twimg.com/media/EbItMfbXsAUfwml?format=jpg&name=small[/img]
[img]https://pbs.twimg.com/media/EbItMqnWAAYMA08?format=jpg&name=360x360[/img]
So Rich Africans dont want Billion Dollar Contracts to build for African Governments?Na only Ch!na can build road,Abi?!

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.

So Is the government also paying for people's Chicken,Burgers,Televisions,Homes,Plane Tickets?

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

Can't you make money selling electricity?
Can't you make money providing high speed internet access?
Can't you make money manufacturing Air Conditioners?!
can you make money manufacturing Generic Drugs?

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?!?!?

Is your internet and light also provided to you by your government?
Did your government give you that smart phone youre using?

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!

So everybody in Africa is starving abi?
So how did 60Million Starving Nigerians afford SmartPhones,was it Buhari that gave it to them?
https://guardian.ng/business-services/smartphone-penetration-hits-30-in-nigeria/

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?!?!?

Stop depending on the government.

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!

Bros,one family can start a farm!

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?!?!?

OMG! This is terrible,so you think Africans should just put all our resources into looking for our next meal and wait for free stuff from the government?
So you think we should only care about buying noodles and imported rice and imported beef.
We shouldnt have commercial farms that provide jobs and food at a profit!
We shouldnt have commercial power plants that provide electricity at a profit!
So WE Shouldnt spend a little $50 Million Dollar on A power plant so 100,000 Nigerians can have constatnt power?
So instead of pooling $50 Million on a local power plant for your LGA,and make profit for you and your childrens , you rather wait 20 years for the corrupt , inept government to do it for you?

Igbochief001:

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

Same way Nigeria is not socialist or capitalist both mix of both.

Igbochief001:

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

God, what shall I not see in this life?


Coming from a Nigerian sef.

I kind of, can relate with the OPs worry but then I tilt my head side ways to try and see things Objectively, so as to balance the equation.

The problem of Nigeria/Africa is not just about the Politicians and the Rich that don't Invest.

The OP made mention of Hospitals, this should be the duty of Medical Graduates to provide good Health care service for the Citizens.

Perhaps to break it down, a Resident Doctor of 35years old who out of 'frustration' sold off all his properties worth "80million" so he could 'japa'
Could have started a mini clinic with that amount and some he could get as a loan and with the right employees and efficient service could make his name in Nigeria within 10years. But like every Nigerian they prefer Ready Made

Modify: Ok, i made some superfluous information here. just did a quick search to see what Resident Doctors earn.

Medical Officers (Federal) 180 000 - 600 000 (depending on grade)
Resident Doctors (Federal) 220 000-270 000 (registrar's)
Resident Doctors (Federal) 260 000-350 000 (senior registrar's)
Consultant (Federal) 450 000-650 000 (for freshers)

Resident Doctors (private) 120 000-250 000

Covidodo please explain to me/us(since you used most of you) what the fundamental issues bedeviling Nigeria are.

The op is saying bull crap,h e probably not based in Africa given the what he wrote,he is not on ground here to see things for himself,he is saying Africans don't build private stuff for the selves what a joke,in Nigeria everything functioning is private built,no government institution is functioning,there are a lot of private hospitals millions spread across the country,lots of private schools,private farms,in fact everything is private,what about the private dangote refinery,the op doesn't know Africa at all especially Nigeria,

PortHardcore:
Abi.So youre saying that All of our African elites are uninterested in making money in AFRICA!They don't want to build simple things like air conditioners/refridgerators/buses?
So nobody in Africa will build a private hospital,they rather pay $1500 to fly to Britain to seek medical care Abi?
What makes more sense?Having a hospital within driving distance or spending $1500 on a ticket to go see a racist doctor?

look around you...!!!! the majority dont give a fukc about poor Africans or these bastards polithieves, so long as they make money for their own pocket.
furthermore these elite dont care about African hospitals because they fly away to the west (where they believe they will get better medical care) as soon as they need to go to hospital. do you know why? because they CAN. only poor Nigerians would use these hospitals you dream about.

Bros,Look at this.
There are over 30 private hospitals in DALLAS,TEXAS!!!!
Dallas has a population of 2.6 Million people,NIGERIA HAS A POPULATION OF 200MILLION!
Some of them are owned by physicians, others by families or coops.

ok let me educate you about hospitals in the US, since you seem to be clueless about the issue:
in the US, you need to have MEDICAL INSURANCE in order to be attended properly. if you aint got medical insurance, most of these hospitals would turn you down and away. if you get shot (or into a life threatening situation) for example, they will patch you up and send you away but no care will be given to you FOR FREE. 99% of these hospitals get paid from your medical insurance...so you get free care and the insurance companies pays your bills. if you think that these hospitals make money from poor people then you certainly dont know what you are talking about.
in Europe, we pay thousands of €€€s in taxes directly from our salaries, which gives us access to free healthcare. so my taxes is paying for these hospitals to be able to pay the doctors salary etc. only people who go to these private hospital are RICH people. no single private hospital is making money from poor people or unemployed hungry people.

But people still go to hospitals
You dont have to be rich to be an entrepreneur.
You can start businesses from small,or you can partner your capital with other people!
How far now?!
So theres no profit in construction or automobiles or air conditioners or agriculture,abi?

so you are saying that rich people should invest in what YOU want them to invest in, and they shouldnt use their own brain/desire to decide what they should invest in?! who are you to dictate what a person should invest their hard earned money in?! what right do you have to demand for such?!

So Rich Africans dont want Billion Dollar Contracts to build for African Governments?Na only Ch!na can build road,Abi?!

thats because these African Gov dont want to give local builders money to build hospitals. do you really believe that if the Nigerian gov gave a billion dollars contract to Julius Berger, they will refuse building hospitals in Nigeria? come on bro, use what you have between your ears...

So Is the government also paying for people's Chicken,Burgers,Televisions,Homes,Plane Tickets?

Nigeria spend billions in fast food, in brand new TVs, and travels every year... whats your point?!

Can't you make money selling electricity?
Can't you make money providing high speed internet access?
Can't you make money manufacturing Air Conditioners?!
can you make money manufacturing Generic Drugs?

since you believe the above is either A) very easy or B) a great business idea....
why dont you sell electricity then and make money from it, Mr smart man?!
why dont you create your internet company and put fiber optic cables under the ocean and make money from it, mr smart man?!
any fool out there knows that its cheaper to import air conditioner from China OR drugs from abroad than to build them in Nigeria

Is your internet and light also provided to you by your government?
Did your government give you that smart phone youre using?

stop running around the issue trying to find BS to talk about...1st you were talking about creating hospitals (which should be built by the gov, not individuals)... now you are talking about TVs, internet, smart phone and travel. majority of Nigerians have internet provided by a local company AND majority have mobile phones. whats your damn point? do you now want Nigeria to create mobile phones too (while its obviously cheaper to import/buy chinko phone)?! lol!

So everybody in Africa is starving abi?
So how did 60Million Starving Nigerians afford SmartPhones,was it Buhari that gave it to them?

you are confused and since you want to read half of what i write OR derail this discussion with irrelevant rubbish that has NOTHING to do with your "hospitals", let me post again what i wrote so you dont hang on to rubbish.... i said:"when people wont be hungry and have jobs, then you can tell them about wasting their hard earned money to build hospitals...until then, all what you are writing about is nonsense!"

Stop depending on the government.

who do you think these foreign citizen in these foreign countries (that you are quick to compare to Nigeria) depend on, if not their gov?!

Bros,one family can start a farm!

then ask your own family to start a farm and show the good example, instead of expecting all Nigerians to live their lives the way YOU desire. to each their own lives!

OMG! This is terrible,so you think Africans should just put all our resources into looking for our next meal and wait for free stuff from the government?

again, nobody is expecting free stuff from the gov, they are looking for food/jobs.

So you think we should only care about buying noodles and imported rice and imported beef.

hungry/jobless people dont have much else to focus about...if your life is different then go build these hospitals you are talking about and give these hungry/jobless people a job....see how it works for you.

We shouldnt have commercial farms that provide jobs and food at a profit!

there are plenty of farmers in Nigeria, there is also plenty of problems with farming in Nigeria (fulani herdsmen etc)... expecting everyone to go into farming because thats what you believe is right, is a joke. i doubt the millions that move to Lagos for greener pastures every year want to be farmers.

We shouldnt have commercial power plants that provide electricity at a profit!
So WE Shouldnt spend a little $50 Million Dollar on A power plant so 100,000 Nigerians can have constatnt power?

its the gov job to provide constant electricity to the population, and if you really believe that the electricity problem in Nigeria can be solved with $50M (per every 100K citizen) than you are more daft than you initially portrayed. imagine the rubbish you are saying... Nigeria has a 200M population and they should spend $50M for every 100K citizen, abi?! bwaaaaaaaah!

So instead of pooling $50 Million on a local power plant for your LGA,and make profit for you and your childrens , you rather wait 20 years for the corrupt , inept government to do it for you?

do you have $50M or do you know any lga of 100K citizen who has $50M for its citizens? better yet, why dont you walk around in your neighborhood and ask your neighbors how many would like to chip in for the $50M power plant that you are talking about, and see how many kobos you will receive, lol!

people like you are living in La la land...the only solution to the Nigerian problem is to get rid of these useless people in power! expecting Nigerians to do what the gov should be doing with the Billions of oil money revenue and little taxes etc, is the joke of the week!!!!!1

Gerrard59:

God, what shall I not see in this life?
Coming from a Nigerian sef.

lol bro, its not their fault.... they have never left Nigeria but will be quick to believe that everywhere that isnt the US/EUROPE etc is as bad as Nigeria. SK has been one of the fastest rising economy and developped nation of this world.... and is top 12 economy in the world by GDP, well ahead of countries like Spain, Australia etc

MrBrownJay1:


lol bro, its not their fault.... they have never left Nigeria but will be quick to believe that everywhere that isnt the US/EUROPE etc is as bad as Nigeria. SK has been one of the fastest rising economy and developped nation of this world.... and is top 12 economy in the world by GDP, well ahead of countries like Spain, Australia etc

Probably the person wanted to mention north Korea actually

babasolution:
Probably the person wanted to mention north Korea actually

i think so too...

Balogunodua:

But Nigeria don't even practice socialism but mix of both capitalism and socialism which is not working due to our corrupt leaders and i only gave the guy example of countries practising socialism because he was trying to paint Awo bad and Zik to be good.

are Scandinavian countries economic socialists?No they are just social democracies..go to Cuba and North Korea for economic socialism

PortHardcore:
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

@OP,

You are very much on top of the issue. However, I must say you are too academic with the facts. The unalloyed and elementary aspect of the entire African issue remains that most Africans are perfidiously naive, sentimental to a fault and intellectually lazy. Most Africans are only group who had god formal education yet believed on the craps of yesteryears and could bet their lives on the junk without finding what actually is the fact. Have Africans ever challenge the stupid idea of equating ‘Black” to Africa? For better part, Africans cannot think for themselves. How can a group of people who cannot possibly thought-out a nice way to commit suicide engage in “Organized Capitalism”? These are junks who do not know when they have been used as token granted their tribe’s members were used for the gamble.

Dedetwo:


@OP,

You are very much on top of the issue. However, I must say you are too academic with the facts. The unalloyed and elementary aspect of the entire African issue remains that most Africans are perfidiously naive, sentimental to a fault and intellectually lazy. Most Africans are only group who had god formal education yet believed on the craps of yesteryears and could bet their lives on the junk without finding what actually is the fact. Have Africans ever challenge the stupid idea of equating ‘Black” to Africa? For better part, Africans cannot think for themselves. How can a group of people who cannot possibly thought-out a nice way to commit suicide engage in “Organized Capitalism”? These are junks who do not know when they have been used as token granted their tribe’s members were used for the gamble.

The way people on nairaland mock Africans is just amazingly shocking,which type of Africans do you people relate with,you just make sick blanket statements about Africans,Africa is a growing continent,we were essentially the last race to be civilized so it might take us longer to get to glory,but I see it coming faster than expected,Africans are not all entirely poor ,the problem of poverty in Africa is that the poor out breeds the average and rich,which fuels the perceived poverty of Africa

MrBrownJay1:


look around you...!!!! the majority dont give a fukc about poor Africans or these bastards polithieves, so long as they make money for their own pocket.
furthermore these elite dont care about African hospitals because they fly away to the west (where they believe they will get better medical care) as soon as they need to go to hospital. do you know why? because they CAN. only poor Nigerians would use these hospitals you dream about.

So they rather spend $2500 to fly to a European hospital than build a decent private hospital to serve other rich Nigerians?
So we have thousands of rich Nigerians buying plane tickets to fly to Europe to spend $$$$$ in foreign hospitals?
Does this make sense?Isnt this a business opportunity for rich Nigerians to make $$$ off of other rich Nigerians?

ok let me educate you about hospitals in the US, since you seem to be clueless about the issue:
in the US, you need to have MEDICAL INSURANCE in order to be attended properly. if you aint got medical insurance, most of these hospitals would turn you down and away. if you get shot (or into a life threatening situation) for example, they will patch you up and send you away but no care will be given to you FOR FREE. 99% of these hospitals get paid from your medical insurance...so you get free care and the insurance companies pays your bills. if you think that these hospitals make money from poor people then you certainly dont know what you are talking about.
in Europe, we pay thousands of €€€s in taxes directly from our salaries, which gives us access to free healthcare. so my taxes is paying for these hospitals to be able to pay the doctors salary etc. only people who go to these private hospital are RICH people. no single private hospital is making money from poor people or unemployed hungry people.

But your rich Nigerians are spending 1000s of Euros on plane tickets to go to foreign hospitals!

so you are saying that rich people should invest in what YOU want them to invest in, and they shouldnt use their own brain/desire to decide what they should invest in?! who are you to dictate what a person should invest their hard earned money in?! what right do you have to demand for such?!

Im not demanding anything,Im asking why is it that Africans are not into creating large businesses that can scale to the markets!
Why do Africans import things they can build?Like pencils and toothpicks?

thats because these African Gov dont want to give local builders money to build hospitals. do you really believe that if the Nigerian gov gave a billion dollars contract to Julius Berger, they will refuse building hospitals in Nigeria? come on bro, use what you have between your ears...

Did you know that most of the hospitals/medical Centres in the U.S are privately funded?

Nigeria spend billions in fast food, in brand new TVs, and travels every year... whats your point?!

All of these Billions,i thought Nigeria was filled with starving people with no income!!!

Nigeria exports primarily petroleum and other raw materials such as cocoa, rubber, palm kernels, organic oils, and fats. It imports secondary products such as chemicals, machinery, transport equipment, manufactured goods, food, and animals. The dependence on oil and a few other commodities for export caused Nigeria to become especially vulnerable to world oil price fluctuations.

See Africa problem right here^ U sell cocoa , oil , rubber and you buy things you can create yourselves!
So there no entrepreneurs that can manufacturer chemicals? There are no Nigerian chemists?

since you believe the above is either A) very easy or B) a great business idea....
why dont you sell electricity then and make money from it, Mr smart man?!
why dont you create your internet company and put fiber optic cables under the ocean and make money from it, mr smart man?!
any fool out there knows that its cheaper to import air conditioner from China OR drugs from abroad than to build them in Nigeria

Im actually looking into providing Hispeed Fiber Optic internet access in Southern Nigeria.
I dont have $50 Million Dollars right now,so the electricity will have to wait.
But I am looking to experiment with a smaller power plant that will cost about $5 million but it will have less output of course.

But if you keep importing this stuff,you deprive Africa of jobs and capital!

stop running around the issue trying to find BS to talk about...1st you were talking about creating hospitals (which should be built by the gov, not individuals)... now you are talking about TVs, internet, smart phone and travel. majority of Nigerians have internet provided by a local company AND majority have mobile phones. whats your damn point? do you now want Nigeria to create mobile phones too (while its obviously cheaper to import/buy chinko phone)?! lol!

My point is that Africa will remain poor because were not creating enough businesses!
Hospitals are businesses.
Businesses manufacture television sets.
Businesses Manufacture smart phones.
SubSaharan Africa only has 2 smart phone manufacturers with a population of 1Billion ppl.....
And why do non-Africans control so much of the logistic companies in West Africa?
Did you really just say Nigeria should import phones instead of creating them?

you are confused and since you want to read half of what i write OR derail this discussion with irrelevant rubbish that has NOTHING to do with your "hospitals", let me post again what i wrote so you dont hang on to rubbish.... i said:"when people wont be hungry and have jobs, then you can tell them about wasting their hard earned money to build hospitals...until then, all what you are writing about is nonsense!"

My point is not about "hospitals",its about the African mentality of being backwards,thinking that the government is responsible for everything.

who do you think these foreign citizen in these foreign countries (that you are quick to compare to Nigeria) depend on, if not their gov?!

This is a lie.

then ask your own family to start a farm and show the good example, instead of expecting all Nigerians to live their lives the way YOU desire. to each their own lives!

Really?

again, nobody is expecting free stuff from the gov, they are looking for food/jobs.

Why cant the private sector do more to alleviate this situation?

hungry/jobless people dont have much else to focus about...if your life is different then go build these hospitals you are talking about and give these hungry/jobless people a job....see how it works for you.

But earlier you were saying that Nigeria spent Billions on Fast Food,travel,and smart phones?

there are plenty of farmers in Nigeria, there is also plenty of problems with farming in Nigeria (fulani herdsmen etc)... expecting everyone to go into farming because thats what you believe is right, is a joke. i doubt the millions that move to Lagos for greener pastures every year want to be farmers.

No I mean they should look at farming as a business!
Look up Adesina, the African Development bank president,he is stating exactly what my thread is about.
That Africa should treat everything like a business!

“Burkina Faso has immense potential in agriculture. We have to focus on agriculture as a business. It is at the heart macro-economic stability,” said Adesina.

He advised on the need to focus on agriculture, energy and road corridors to open up the land-locked country and attract the private sector to develop agro-poles and agricultural value chains to enable the transformation of livestock products such as milk and butter and cotton to textile.

You SEE ^^^^^ Africa should make most things into a business!

its the gov job to provide constant electricity to the population, and if you really believe that the electricity problem in Nigeria can be solved with $50M (per every 100K citizen) than you are more daft than you initially portrayed. imagine the rubbish you are saying... Nigeria has a 200M population and they should spend $50M for every 100K citizen, abi?! bwaaaaaaaah!

https://en.wikipedia.org/wiki/List_of_power_stations_in_New_York
Then why are 99% of these power Stations owned by private companies?

PortHardcore:


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

yes

PortHardcore:

So they rather spend $2500 to fly to a European hospital than build a decent private hospital to serve other rich Nigerians?
So we have thousands of rich Nigerians buying plane tickets to fly to Europe to spend $$$$$ in foreign hospitals?
Does this make sense?Isnt this a business opportunity for rich Nigerians to make $$$ off of other rich Nigerians?

yes they do...they dont even go to private hospitals in Nigeria. isnt it buhari himself that goes for medical treatment in the UK?! what the hell are you talking about?! these rich Nigerians have have more faith in white doctors than Nigerian ones. FACT!

But your rich Nigerians are spending 1000s of Euros on plane tickets to go to foreign hospitals!

... and you point is?!?!?!?!? stop trying to compare banana with football.

Im not demanding anything,Im asking why is it that Africans are not into creating large businesses that can scale to the markets!
Why do Africans import things they can build?Like pencils and toothpicks?

because its cheaper to do so!!!!! here is a simple clue: do you think the US couldnt build their own Iphones and Nike shoes etc.?! use your brain and ask yourself why Iphones/Nikes are produced outside the US?! why all these big brand get factories in China? you are talking like a 5 yr old who knows very little about the world economy!

Did you know that most of the hospitals/medical Centres in the U.S are privately funded?

who cares who funds these hospitals so long as the money they receive to treat patients comes from MEDICAL INSURANCE?! whats next in your madness, foreign citizens pay monthly taxes of $1K minimum, so now all Nigerians should also pay 300K in taxes monthly?! again, stop trying to compare banana with football!

All of these Billions,i thought Nigeria was filled with starving people with no income!!!

Nigerians never carry last when it comes to their own personal enjoyment!

See Africa problem right here^ U sell cocoa , oil , rubber and you buy things you can create yourselves!
So there no entrepreneurs that can manufacturer chemicals? There are no Nigerian chemists?

educate yourself on the world economy instead of talking nonsense like a 5yr old... Nigerians that cant even run their own gov properly, now you want them to manufacture chemicals, and probably later be bigger than China, abi?!?!? wake up from your dream!

Im actually looking into providing Hispeed Fiber Optic internet access in Southern Nigeria.
I dont have $50 Million Dollars right now,so the electricity will have to wait.
But I am looking to experiment with a smaller power plant that will cost about $5 million but it will have less output of course.

good for you, i hope you succeed. good luck in your enterprise!

But if you keep importing this stuff,you deprive Africa of jobs and capital!

if you manufacture these items in Nigeria, you will go bust because chinko items will always be cheaper to import. any wise business man knows that its more financially profitable to import from China. only a fool would manufacture these items in Nigeria in order to earn less money.
why do you think innoson import car parts from China before building their cars in Nigeria? why dont they manufacture these same car parts in Nigeria?
USE YOUR BRAIN!!!!

My point is that Africa will remain poor because were not creating enough businesses!
Hospitals are businesses.
Businesses manufacture television sets.
Businesses Manufacture smart phones.
SubSaharan Africa only has 2 smart phone manufacturers with a population of 1Billion ppl.....
And why do non-Africans control so much of the logistic companies in West Africa?
Did you really just say Nigeria should import phones instead of creating them?

Africa remains poor because foreign countries are robbing Africa of its natural ressources thanks to these bastard polithieves in power... who allows it. dont get it twisted! the day Africans will elect proper gov would be the end of their misery!
do you actually believe that Dangote doesnt have the financial power to build a phone factory in Nigeria?! really? the important question you should ask yourself is why should he? let me guess? next you will want him to build a computer/technology factory to replace Apple or Microsoft, abi?!?!
again, ask yourself this simple question (instead of talking like a clueless 5 yr old): why do Apple build its phone and computers in China/India, and not give these jobs to Americans?!?!

My point is not about "hospitals",its about the African mentality of being backwards,thinking that the government is responsible for everything.

the backward mentality is to believe that Nigerians who pays very little (if not zero) taxes, should get the same hospitals and services as in the west. the US is the way it is because of the $3.5 TRILLION they get in taxes each calendar year, coupled with good governance, with which they could build a great country. a deluded backward mentality is someone who expect to build the exact same country with zero money and polithieves in power.

This is a lie.

abeg, talk about what you actually know, instead of reading the rubbish you read in Forbes magazine.

Why cant the private sector do more to alleviate this situation?

because thats not their jobs to build hospitals, schools and power plants.... and it aint profitable in a country like Nigeria.

But earlier you were saying that Nigeria spent Billions on Fast Food,travel,and smart phones?

yes they do, and they certainly dont have spare $20M under their beds to build hospitals... Nigeria is a poor country, filled with poverty, and even though, every weekends clubs&bars are filled and champagne bottle are popping up and down, it doesnt change that fact.

No I mean they should look at farming as a business!
Look up Adesina, the African Development bank president,he is stating exactly what my thread is about.
That Africa should treat everything like a business!

stop expecting all Nigerians to do what YOU desire... as if farming is everyone's dream in this fulani herdsmen madness era!

You SEE ^^^^^ Africa should make most things into a business!

again, stop comparing banana with football... now its no more the US, its Burkina faso?!?!? lol!

Then why are 99% of these power Stations owned by private companies?

again, STOP TALKING LIKE A 5yr old and try to compare the US with Nigeria... it is not only very childish, but also very dangerous. when private companies will build a power plant in Nigeria and triple price of light in Nigeria, people like you will be the 1st one to whine like a little girl. you think power generation is free, abi?! you yourself just wrote $50M will build a plant for 100K people.... let that number sink into your brain....$50M power plant for every 100K Nigerians, lol!

Before you jump into bashing Africans know that for every development, there must be a foundation. Power supply, fairly good roads is critical to the aforementioned. There is no magic in it

I keep saying it, Nigeria was meant to be just like this, when the CIA predicted the break up of Nigeria years ago, we were in the age of information, every Southerner with a smart phone should be able to read and see his/her slavery, but alas! The chains runs deep,
All that programming on NTA successfully brainwashed millions.

Until u read this book, everything u think u know about the mirage called Nigeria is CRAP

A Tropical Dependency: An Outline of the Ancient History of the Western Soudan with an Account of the Modern Settlement of Northern Nigeria
Book by Flora Shaw, Lady Lugard

babasolution:


The way people on nairaland mock Africans is just amazingly shocking,which type of Africans do you people relate with,you just make sick blanket statements about Africans,Africa is a growing continent,we were essentially the last race to be civilized so it might take us longer to get to glory,but I see it coming faster than expected,Africans are not all entirely poor , the problem of poverty in Africa is that the poor out breeds the average and rich,which fuels the perceived poverty of Africa

Africans are poor when compared to people in other continents. This is not perceived poverty, it's reality. The vast majority of poor countries globally are located in Africa. But yeah, I see the continent growing but whether in my lifetime, I'm not sure. The hope I've sef is based on the availability of a huge labour pool but western and Asian countries are improving technologies to further reduce the need for human labour. Yet the population of the continent keeps rising far above economic growth.

asha80:
are Scandinavian countries economic socialists?No they are just social democracies..go to Cuba and North Korea for economic socialism

Are those 2 countries not doing better than Nigeria

MrBrownJay1 is actually making a great point regarding manufacturing in Africa. The major manufacturers we've on the continent are foreigners who plough capital gotten from their home countries with low interest rates compared to actual Africans where interest rates are above the ceiling. It's cheaper to import certain products from other countries than manufacture them here. Unilever and Olam executives have said so countless times. Additionally, I'll say some people aren't thinking in the long term compared to say the Chinese or Lebanese. In manufacturing, one has to think long-term in order to break even which unfortunately due to high interest rates, distorted government policies etc., investors shy away from.

Furthermore, as much as we've African entrepreneurs doing exceptionally well across the continent, Africans seem to have an animosity towards foreign or outside investment as evident by Ghana, Botswana or other anti-investors' policies. Botswana restricted foreign investors in who they employ (in a country of slightly above 2M), sectors to invest in and so on. Ghana, OTOH, says before you get license to commence in certain sectors, an investor must have at least $500K. This was because they were afraid of Nigerian traders making waves or Nigerians who continue to bicker South African companies for "exploiting" them or even South Africans who display xenophobic acts once in a while. However, these anti-investment culture doesn't exist or at best is minimal in Asian countries. Asian countries have signed more cross continental trade deals than African countries and will benefit from the labour and trade investments. You have Vietnam, Thailand, Indonesia bursting with huge foreign investments and even the new kid on the block - Myanmar. Unfortunately here, we're concerned about ethnicity or some homogeneity instead of economics. We need to trade more amongst ourselves.

OK, look at the aviation industry, there are more restrictions amongst African countries regarding airspaces than Asian nations which is why it's cheaper to travel across Europe or Asia than across Africa. Or it's cheaper to travel from a European city to an African counterpart than from an African city to another African city. You might say there ought to be a market before governments realise the problem but look at the trade deal we wanted signing (AFCTA) or the restriction on foreign capital. Asian countries understand economics than us. It's the communal nature that's introduced into economics which is failing the continent because let's admit it, there exists no successful country in the world that didn't attract foreign capital. Japan was largely undeveloped until she opened up to the west ditto China or Myanmar. The belief that countries like Liberia, DRC, Gabon, Mauritania, Mali, Senegal, Malawi, Mozambique, Sierra Leone, Tanzania etc., would develop on their own without unrestricted foreign capital investment is foolhardy.

That said, mere listing those countries made me realise how useless they are economically. There are way too many economically useless countries on the continent.

Balogunodua:

Are those 2 countries not doing better than Nigeria

Cuba is seems to be an education(health professional hub) however can you really fuction in a in socialist setting?have you really lived it before? North Korea? Lmao please don't start

For all of you think that its the Government's responsibility to provide you with electricity.
The Governments responsibility should be consumer protection and regulation not production.

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

Op, stop embarrassing your family and yourself and trolling for money.

We need free market communism where everybody will have a job and an income and over 30 percent of the GDP will be taken as taxes.

Cousin9999:
Op, stop embarrassing your family and yourself and trolling for money.

@Cousin9999 so you're saying Africa doesn't need a lot more native entrepreneurs, enterprises and corporations?

the problem in this issue is that people want to compare Nigeria with foreign countries (like the US)... forgetting that:
- the 1st power plant in the US was built almost 150yrs ago (in 1882), but they now want Nigeria and its useless polithieves to be as equal as these countries, lol!
- the US gov made $3.5Trillion in revenue in 2019...aka enough money to solve Nigeria's power/road/hospitals/school/employment problems IN ONE DAY. yet some people now want to compare Nigeria with these countries, lol!
- in the west, we are forced to pay thousands every months in taxes, which goes to the gov, and part of the money is used to help better our lives.... while Nigerians who dont even pay 30K Nairas monthly in taxes want the same services (power/hospitals/roads/schools/employment etc) as these rich foreign countries. lol!
- most countries in the west have GREAT leaders that would still loot but do so in a way that the common people would not be affected by it, while you want to compare that with Nigerian leaders who would loot and openly have the masses suffer in hunger/unemployment, lol!
- when was the last time you heard of fulani/Texan herdsmen problems in the US? yet you want to compare with these lands? lol!
- when did you ever hear of tribalism in these foreign countries? even with all the racism in the US, the country is still going strong... while Nigerians are openly fighting against their fellow men (putting Nigeria's economy on its knees) because of ethnicity. lol!
- ask any American, and they will gladly be gainfully employed for the rest of their lives, while most Nigerians sole dream is having as much money as Mr Bezos and would quickly try to be their own boss and open their own biz, even though they have NO knowledge on how to run a successful biz.

the reality of Nigeria is that the elite in gov are getting richer and certainly dont want the little people to get better lives. who will work in their slave-type factories if everyone has money?!

GET RID OF THESE USELESS LEADERS AND NIGERIA'S PROBLEMS WILL BE SOLVED!