NIGERIA BE WISE

he is coming along with his friends
in the evening to enjoy themselves.
When they got there that evening,
they ordered for plates of
peppersoup. Ebele 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 people also ate
N500 worth of peppersoup each.
The hunter ended up spending
N4,500 to buy what he sold to

Mama Ngozi for N1,000. Mama
Ngozi made a cool N3,500 profit
just by cooking (processing) the
meat and selling it back to where
she bought it from.
That is 350% profit and yet she still
had 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.

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