What Can We Do About Nigeria!!
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Posted By: Obinna Nwerem on December 04, 2007 I am from Nigeria and it bothers me how we are one of the richest countries in oil, yet we are one of the poorest countries in the world. Government officials in Nigeria are being bullied and hustled by US and United Nations Government. Its time Nigeria start taxing the hell out of their oil, charge more for the oil, use the money, fix up your roads, water system and put some gotdamn electricity for your people. My goal in life is to change lives, I will change Nigeria!! My major is in Business ( Marketing), you wonder how is that going to get me up there with the crooked politicians. Money!! Money is the key to everything, I am a young black business man. I will crawl my way to the top and things will change. Nigeria should not be one of the poorest countries, Nigeria is the first son of the Motherland. Americans always look at you different when you mention you are from Africa, images of kids in poverty, forests, loins, online fraud comes to their mind, there will be change.... When only God knows, but I will be amongst those that will change that. If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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Obinna Nwerem
From Portland, OR Member Since July 2005 |
Comments
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I think that Africa suffers from many negative stereotypes, and just plain misinformation. Most Americans rarely receive meaningful coverage of news and current events in Africa, and when they do, it's usually something negative like war, or poverty. Some of the most talented immigrants in the US are coming from Nigeria and Ghana - they are efficiently training many capable people in business and engineering. Unfortunately, it seems that the businesses investing there today are the vestiges of the old colonial mining empires, and do business in a similar mindset. American entrepreneurs, especially African-American entrepreneurs, are very interested in expanding business opportunities in Africa. Unfortunately, many of our business are not developed enough to make a serious investment in doing business overseas. However, in a few years that can, and will, change. India and Southeast Asia are beginning to mature in terms of market development. China has too many competitors, and few controls which make doing business there risky. However, many African nations have strong, educated workforce, natural resources, and trade incentive for foreign investment. Thursday, December 6th 2007 at 2:45PM |
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I am on my third visit to Africa, currently enjoying Accra. I started traveling internationally in 2002 and immediately noticed how the international news is much more thorough and balanced outside of the US. Even the internationally version on CNN presents are more complete view of the world than its domestic sibling. The US news coverage of Africa is narrow. I went through the passive socialization just like many of us who grew up in the States. The constant barrage of negative images would have one believe that everyone in Africa lives in abject poverty. Not many are aware that the growth rate in Africa will be better than much of the wealthy countries. Indeed I am writing this message just as I would in the US; on my laptop, using WiFi, over a broadband connection. Jonathan is correct. Business opportunities are numerous, and with reform the climate is becoming more and more business friendly. I think we will see a lot more investment in Africa in the coming years, although I believe most of the investment will come from Asia (i.e. China, Korea, India) at first. Now on to the issue of corruption… Although the effects of corruption felt domestically, internationally pressures often perpetuate and breed systems of corruption. Consider if every cotton farmer in the developing world, starting tomorrow, were to receive a “fair” price for their product. Would the consumers in the wealthy countries be willing to pay the premium for providing a fair price? The developed world gorges itself on oil. It is in the very fabric of our economy, needed to transports goods, move people to working locations, fuel machinery needed for the production of goods, etc. And we need the oil at a cheap price. With the amount of money and interdependencies of our globalised market, there is a lot of pressure to maintain the status quo. BTW, not all Americans/Multigenerational African-Americans look at African differently. I think it has to do mostly with exposure and varies by region and economic level. Although we are both multigenerational African American, my brother and I both have foreign (not typically American) names; my brother being named after a Nigerian. Without going into to too much detail, there were many trials we went through just by having our names. People are far more culturally aware today than they were just 20 years go. Monday, December 10th 2007 at 8:28AM |
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Obinna, With the price of a barrel of oil so high today, I beleive Nigeria would benefit from forming an alliance with other African countries who drill for oil, and those who have it such as Sudan, and form an African version of the G8. This allows more leverage and negotiating power, particuarly since so many countries in Africa could benefit from formation of an African G8, politically and economically. Thursday, May 29th 2008 at 4:14AM |
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