Let me point at the two (2) scenarios
taking place in this country (Nigeria).
1) The unemployed or
underemployed graduate will not buy the same product made in Nigeria but will
prefer to buy an imported version of the same product.
To such fellows, they keep themselves in the unemployment market, simple! For every one shirt you wear that is made in outside Nigeria, you are closing a shop down in Nigeria and reducing the number of job giving organization. So one of the easiest ways to reduce the high rate of unemployment and underemployment in Nigeria is for Nigerians to buy and sell made in Nigeria goods. Until we have this mindset shift we may not be numbered among the 20 world economies by 2020. The average Aba boy dealing in tailoring and bags, shoes, and belts etc needs encouragement. The leather bags, shoes and textile making Fulani boy in Kano needs to be encouraged. The rice farmer in Abakaliki, Minna, Makurdi etc also needs the same encouragement. Our continued preferences for foreign products have all discourage these ones. If I am to plot a graph of the production in Nigeria from 1960 to date, you will release that we have a downward slope which implies that many firms and organizations are closing up day by day in Nigeria due to discouragement.
To such fellows, they keep themselves in the unemployment market, simple! For every one shirt you wear that is made in outside Nigeria, you are closing a shop down in Nigeria and reducing the number of job giving organization. So one of the easiest ways to reduce the high rate of unemployment and underemployment in Nigeria is for Nigerians to buy and sell made in Nigeria goods. Until we have this mindset shift we may not be numbered among the 20 world economies by 2020. The average Aba boy dealing in tailoring and bags, shoes, and belts etc needs encouragement. The leather bags, shoes and textile making Fulani boy in Kano needs to be encouraged. The rice farmer in Abakaliki, Minna, Makurdi etc also needs the same encouragement. Our continued preferences for foreign products have all discourage these ones. If I am to plot a graph of the production in Nigeria from 1960 to date, you will release that we have a downward slope which implies that many firms and organizations are closing up day by day in Nigeria due to discouragement.
Yes! We have power problem
but the impact will have been less if we solely buy and use Nigerian products,
the only difference is that it will be costly. Why naira will continue to
depreciate against the dollar is because most of our transactions are in
dollars, period! Until there is a reverse, there will be no appreciation of the
naira against the dollar even with all CBN measures.
2) One unpatriotic approach
of importers is to actually frustrate small and medium scale industries in
Nigeria. One of the ways they do this is by selling below (even there cost
price while they make loss) local producers until there come a time when the
local producers has been completely out of business, they then become market
leaders in such areas and dictates the price of such goods. This indeed brings
more profit to them but it is actually mortgaging the future of the next
generation who will still come out and find jobs. It is the same thing government
officials does when they go to foreign hospitals for treatment of less alarming
ailment like malaria, typhoid and running stomach which we have developed expertise
for in the country. The truth is that the importer can start producing the same
product in the country the same way Chief Obi Ezeude did when importation of
biscuit was banned in Nigeria.
Think Nigerians! Think! That’s one
area I know we are mostly defaulting as a nation is in the aspect of thinking.
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