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SO, I just spent a couple of hours going over the richest people in several african countries especially in East Africa And most of them are Indians and Lebanese WTF ![]() See its a black problem not a nigerian problem ![]() |
The idea of making money as a businessman in Nigeria -- long spurned by some of the elite as inferior to a high-powered job in the public sector -- is catching the popular imagination, demonstrating to an ambitious young generation that you don't have to be in the pay of government to get rich.http://www.reuters.com/article/idUSL143223020080806?pageNumber=2 |
Katsumoto:Yeah divide and conquer- or as it is referred to in history germs, guns and steel for Central and South America. However, do you think Africa even if united together could have gone against the British in all their Naval Glory of that time with our canoes. Anyways I get the point Africans are not even united, even Ghanaians and South Africans who we have helped hate and distrust us ![]() |
fstranger6:Why are you laughing ? I by-passed the middle man, and buying from the producer ![]() |
This is going to a white man good, black man bad discussion. Sounds kind of Orwellian to me |
And that would be?Picshurrrreee ![]() |
Ileke-idi I need something urgently from you ![]() |
Please find Nigerians today who can compare to these past Nigerians - Sir Odumeghu Ojukwu, Sanusi Dantata, Sir Mobolaji Bank-Anthony, S. L. Edu, Emmanuel Akwiwu, Odutola, Ade Tuyo. Don't mention individuals who derived their wealth from stolen funds and monopolies protected by successive governments.True. Even up till now these names are still giants. I grew up hearing about the business exploits of these group of people. I doubt I will be telling my kids about IBB or Mike Adenuga |
Somehow I suspect that this doesn't have to much to do with it. This might affect foreign investment, but indigenous creativity should not necessarily be hampered by this.I would differ in this regard. In Nigeria, like most countries, politics and business are intertwined. Would expand on this later |
Risk aversion and complacency - Caucasians usually take risks with their lives; when you can do that, take risks on your finances is not such a daunting task. This is one of the biggest factors and can usually be traced back to our forefathers who didn't really build empires. There is one Queen in England but there are over 300 kings in Nigeria. An ambitious king should have aggregated all the small and distinct kingdoms in Nigeria. Similar to what occurred in Europe. The desire to conquer or prevent being conquered led many European states to become creative and innovative. In Africa, our fore-fathers had so much time on their hands that they just had many kids.LOL, everyone in NIgeria wants to be an Igwe ![]() |
^^^I used to live in VI so I kind of have an idea of the shopping malls there and they are mostly empty. Yes Palms, and Silverbird are full but there are other shopping malls. I think a lot of what people post here are just plain excuses (and this includes myself). Foreigners (Lebanese, Indians, Chinese, Arabs) are HAVING A BALL right here in our land and we the natives are excusing our failures. Isn't it ironic that the Arabs, Lebanese, Chinese, Indians et al see the opportunities in our country thousands of miles away and trooping to Nigeria in droves to violation us while Nigerians cannot see the opportunities around them and are complaining and fleeing the country.I partially agree. I went to college with one of the owners of the famous malls in Nigeria (he is Indian) and guess what his family is worth- $800 million Yep. And guess where his family make a substantial block of their money at. Nigeria However, his family has been operating their business in multiple countries for years- close to 70 years. His family is like another Tata except they have tons of Tata kind of businesses in India. It seems that Indians are able to build sustainable businesses and keep it within the family- Lakshmi Mittal, Ambani brothers e.t.c My big question is this though- Why are Africans uncreative entrepreneurs? I get and understand Nigerians who live in Nigeria, but what about all the Nigerians in the US and the UK? While Mittal was able to build the largest steel company in Europe, No Nigerian in diaspora has been able to do anything. Ok, no light in Nigerian sebi? What about Malaysia, Toronto, Jakarta? I know being black could be a disadvantage but come on just one successful african business'/black business that is not due to being an athlete, entertainer (Oprah Winfrey), or through cuddling with politicians (Dangote and Otedola). Ok what about Tanzania, Kenya and Uganda? Has anyone thought of expanding Nigerian businesses outside the shores of Nigerian apart from a few companies like Glo and some banks. Those countries are easier to migrate too than UK and US. What about south Africa and the BEP (Black empowerment Program)? I know Nigerians have a handle on the drug trade there but what other industry have we started? What about Mauritius? They have a booming tourist Industry- as any Nigerian thought out of the box, and tried to acquire a company there. Yes discrimination is rampant but no one discriminates against money. I have met lots of Indians & Lebanese whose family have made a fortune in diaspora. I have learned one thing from them- move if your fortunes are not great in one place. |
[quote author=eku_bear link=topic=578787.msg7460586#msg7460586 date=1294158166]My strong suspicion is that some of these folks are people who spend a lot of time reading the WSJ, FT, Economist, etc, perhaps even have some experience in the business world from the financing perspective, but they aren't actually scientists, engineers, etc, people who actually build and do things. It is very easy to say, "Gee, Nigerians should be more entrepreneurial!" It is another thing to actually be the guy on the ground in Nigeria working in an industry in which 10-15% of the costs are electricity, and the Nigerian is forced to pay 3 or 4 times as much for his electricity supply as his competitors in other countries. Obviously, that is going to hurt your competitiveness quite a bit. Of course, I suppose according to these folks, a little more creativity should be enough to oversome these massively increased costs of doing business ![]() Hrm, but I think they've given me an idea! Maybe to solve my business's electricity problem, we should employee a priest to make sacrifices to Sango so that the efficiency of the diesel generator increases, thus cutting down my electricity costs [/quote]I would posit that there are several ways one can get past the energy issue. One can go into commodity/malls or basic business like Aliko Dangote, and then branch out into more hightech stuff. However all the people asking for malls, how much customers do you think you will get in Nigeria if you open all those high class malls? I was working for a company in Nigeria two years ago in which I had to visit the malls, and market stuff for them so I used sit down in all those malls in Nigeria waiting to corner prospective customers to market the product I was trying to sell. I could count the number of people going into the malls, and they were very few. You just dont have the culture of consumerism in Nigeria that occurs in America, Europe or Asia. These countries have lots of financial instruments to even encourage consumerism- credit lines to make people keep shopping, and propping industry. Its a different culture and economic environment. Nigeria might have the largest number of black middle-class individuals in Africa, but the middle-class dey struggle no be small. When you have tons of money you can find a way of getting past Nigeria's issue of power. However, what hightech product can you market in Nigeria at present? Most people like foreign stuff too- imagine buying stuff with a label "made in Nigeria." Me myself I will not even buy that stuff hehe ![]() |
Will you stop making statements out of context - Are you aware of the startup or investors capital that was available to fb in it early days. Even the almighty google sought funding from various investors. In the Nigerian context investors dont exist and if you ever find one , his ROI would simply be unachievable.I agree. This does not make context in Nigeria. The OP is talking ignorantly lol. How many venture capital firms do we have in Naija lol ![]() |
You want him to test the water for you . . .hmm ![]() |
WTF, are u saying bluetooth lol ![]() |
[quote author=~Bluetooth link=topic=577456.msg7447408#msg7447408 date=1293958436]did you just say basic fairness ? Law stipulates a code of conduct on how a society should be regulated.so if Nigeria says no to homosexuality,then,there is nothing wrong with that.[/quote]Who determines what is right or wrong in law? Laws change, and are constantly challenged |
fstrangest:Who told you I am an atheist? Heading to church tomorrow man. Going to check out the ladies bro. Nothing is better than hot women praising the lord |
ChinenyeN:Well the issue is that for most agnostics- its impossible to prove the existence of God, but its also impossible to prove his non-existence itself. However, the atheist would follow the same logical flow, that is there is a God then he cannot be benevolent since there is so much crap going on in the world. However, a malevolent God is contrary,and quite scary infact, so it would be better if God does not exist. That is operating under the assumption of course that the actions of a supreme being can be understood by insignificant creatures like us. However, one would have to argue itself for the motives of that supreme being "creating the world" or if the world itself is that supreme being e.t.c I really love God arguments since they are complex and lots of fun to engage in, so sad though not many people to argue this with on NL. fstrangest:LOL, are you still jealous ![]() |
[quote author=~Bluetooth link=topic=577456.msg7447196#msg7447196 date=1293952692]what you guys have not been able to argue is the ''religion and moral codes'' for homosexuality.it's the bane of the opposition to same sex marriage not only in Nigeria or Africa but in the world generally. As much as I know,the stigma against against homosexuality in Nigeria cannot be reversed even if the law permits it.look at prostitution and HIV sage,you'd still find many people stigmatizing against HIV patients simply because people know their status and that have made other people to continue to hide their status. To cut the story short,it takes more than scientific theories to convince people and achieve a point for homosexuality.[/quote]Have you considered that most of us might be agnostic or atheists? Or in your arrogance you think we share the same religion with you? Well we are not trying to improve people's opinions. We are trying to affect laws against it. These are two different things. |
[quote author=~Bluetooth link=topic=577456.msg7447057#msg7447057 date=1293948276]Because you've not been able to convince them on why marriage between two same sex adults is a sane thing to do.honestly,you will have to convince a lot of people especially on moral and religion justification to make them change their minds on pervs who would end up adopting children. Why are homos cutting short the continuity process of existence ?[/quote]Religion justification is not relevant. You are operating under the assumption that there is one religion that is important or that homosexuality has to be justified under your own religion. So such a justification itself is moot. Marriage between two same-sex adults is justifiable under the same grounds as heterosexual marriages. What makes the latter so special, the ability to procreate? What gives the ability to procreate and increase overpopulation, overcrowding ethical meaning? You have placed human existence on a really high pedestal ![]() In terms of morality- there is no moral value to any form of s/e/x/u/al activity itself so I dont even understand what you are asking me to qualift. I think the question you are trying to phrase is " Why is homosexuality not immoral?" and I will posit a similar question: "Why is it immoral?" Can you answer this question convincingly? From an objective point of view- not something silly like- its unnatural, its disgusting, its against our cultural beliefs; low IQ subjective arguments e.t.c You cannot convince individuals too thick to understand objective evaluation of an ethical question should be far removed from cultural and religious biases. One cannot use the argument of cultural and religious biases to justify constraints on the rights of individuals. You would need something more concrete. Why are homos cutting short the continuity process of existence ?Do you have data to back this up? Like can you provide statistical evidence to show that as homosexuals gained rights, human existence has been moving towards extinction? Or is this just your personal opinion and conviction? have you ever sat down and wondered how technology and pollution is affecting the "continuous process of existence"? Have you pondered the effects that human expansion and domination has had on the continuous existence of our planet? The morality of the waste your existence causes on other animals and individuals. Or are you preoccupied with a problem that in itself is not a problem but just a figment of your homophobic mind ![]() |
I'm not going to "compare and contrast" race with sexual preference and behaviour. Lips sealed SmileySee, another low IQ person. I am not comparing race or sexual preference, but the logic that made you arrive to the conclusion that homosexuality is a mental illness. As, I have always maintained, most homophobes have IQs under the r/e/t/a/r/d line. In 1973 homosexuality per se was removed from the DSM-II classification of mental disorders and replaced by the category Sexual Orientation Disturbance. This represented a compromise between the view that preferential homosexuality is invariably a mental disorder and the view that it is merely a normal sexual variant. While the 1973 DSM-II controversy was highly public, more recently a related but less public controversy involved what became the DSM-III category of Ego-dystonic Homosexuality.Are you daft? Are we in 1973? So the field of psychiatry has remained the same since 1973? So you dont know that subjective fields like psychiatry can change based on critical debate in the field as well as complementary research in other areas. You cannot even use proper sources well. Go and find yourself the reason for the change, I am not going to do your work for you Why am I surrounded by low IQ individuals . They seem to everywhere these days. |
You're reaching. The bolded is outrageous, and you don't really believe it. If there is "nothing wrong" with homosexuality, why do most of the famous homosexuals in countries where it is decriminalized (unlike our own where we are too backward to know what is good for us) stay in the closet and swear up and down how much they love the babes? Why is it that if you meet 3 lesbians in the USA, at least 2 of them had unresolved childhood sexual trauma? Why is it that homosexuality up until recently was considered a psychological disorder by medical practioners in most of the "developed world"?Ok, you have to draw a distinct line between social conditioning/behavior towards homosexuality and the ethical state of this type of sexuality. Homosexuality is not really accepted anywhere in the world- but that in no way validates it as being morally/ethically wrong, neither does it give credence to any argument that it affects society Why is it that if you meet 3 lesbians in the USA, at least 2 of them had unresolved childhood sexual trauma? Why is it that homosexuality up until recently was considered a psychological disorder by medical practioners in most of the "developed world"?Really? Funny enough I am actually friends with 3 lesbians. They all have perfect behavioral traits, are outgoing, funny and accomplished women. You are not making any logical argument. A significant number of scientists argued that black people were inferior to whites. Its called pseudoscience. When you ask for proof, that is when they start floundering like sardines |
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