It is undeniable that the economy of Nigeria is being sabotaged and crushed by the corrupt people, the supposed leaders so to say.
Yet our own attitudes contribute more to the turbulence faced by the country economically. When we mention Nigeria, its not just about the geographical entity, it is absolutely about the lives existing in the geographical entity, specially the “thinking beings” there.
Let’s go straight to the point. Many of us do not purchase a product, if we find our country name written on it, such as “made in Nigeria.” That’s unfair, humiliating and catastrophic. We don’t even know that these attitudes and the likes are the obstacles impeding the great nation especially in terms of her economy.
We need to regulate the cash flow by patronizing the businesses in our country, that’s the biggest investment, if only we know. Let’s cite an example, you go to a Nigerian hospital for your surgery, get products made in Nigeria etc.
These are ways to generate income into the country. Some people might think, if we generate income, the government and people in positions will be the ones to consume it all. You may be right, but think of it this way, it could also create a reality, in which there is enough for everyone.
Buying items made in Nigeria from retailers will compel the retailers to get more of such items from wholesalers, consequently the wholesalers will continue to demand more from the producers. In that manner, our market is being expanded, transaction is going on, cash is flowing in and out within the country. The companies are delighted and continue to make all efforts to gratify the consumers.
The workers are getting good pay, they are able to pay children’s school fees, teachers are enjoying the boons and boom as well because the school management are able to promptly pay up their salaries, people are able to generate capital to start businesses from their income too, there is more to buy, there is more to sell, there is enough income for everyone to buy, prices of things go high or low, everyone is already getting enough to use to purchase.
We should note that every sector will definitely walk along the progressive triumphs with the business/economic sectors. Therefore civil servants won’t be left out, their salaries will stop ceasing. Inevitably the standards of living continue to increase for Nigerians, if not all, a significant number of them(Nigerians).
When 70% of the people are financially buoyant, the 30% will easily be catered for. Rukayyah Rahman.
We cannot escape the consequences of our decisions and actions. Therefore we need to play our own part and see what comes out of it, we need to stop investing in other countries so much that we continue to push our dear country into economic pitfalls. Major problem in Nigeria is that Nigerians often act without considering the proportional consequence of such actions. If you don’t spend your money to purchase more in the country, then be ready to suffer from the crimes and other inconveniences associated with poverty and unemployment rates.
All these things are connected, they are! Companies won’t hire if they make less sales, people won’t strive to start a business or invest in a business expansion if they know they won’t be patronized. Fake products will continue to be on the rise because everyone is struggling to make a living and no buyers to buy their quality products created out of sweat, energy and huge sum of money.
Working together, we will continue to lay the foundation for a new generation of inclusive economic growth, expand economic opportunity for middle-class families, and ensure that innovative businesses have the support they need to thrive and grow in the years to come. _Maggie Hassan
We can mitigate all of these problems including the greatest of all these problems which is poverty, we can stabilize the economy, a notable number of us can enjoy good standard of living and beyond if we put a stop to such ignorant acts, “I cannot buy the sugar that has the label of made in Nigeria,” “The local rice is delicious but I cannot buy it because it is from our people in Nigeria.” Lets stop being enemies to our own country, to our own progress. Let’s motivate the companies and industries here to be better, lets support them. Let us be the change we hope to observe in other people.
Nobody is perfect, more so platforms now exist for us to lay our complaints to producers as a way to point out their flaws, which will then lead to their improvement.
Virtually, low patronage that is, lack of (enough) demands which is synonymous to the merchant (or business owner) making less sales is an impetus for their manipulations, like producing inferior goods, just to maximize profits.
Our support which exists in our commitment to purchase from them encourages them to offer better products and services. They will be motivated to be at their best for their loyal customers.
It is not a must to yield to this. But we need to understand that until we invest in our own country before we enjoy the luxury too, before we enjoy growth in our other endeavors too, before we enjoy peaceful and blissful Nigeria. Only a fool will say Nigeria cannot be better. No problem exists without its solution. The Almighty One is so kind to us, He makes all problems co-exist with their solutions. All we need do is discover, realize and act accordingly. What we give, we take. Life operates on cause and effect principle. Nigeria is no exception, therefore we must refine our attitudes towards the products/services made/rendered by our own people in Nigeria.
If not, we are not helping the situation, and that gives us very little right (if there is any at all) to nag about the economic and security situation of the country, and as a result we continue to regress.
We really need to be sensitized over this and let us all see our faults, accept them and make sincere efforts to ameliorate the situation.
Entrepreneurs should patronize entrepreneurs within the country, civil servants should patronize stores within the country, politicians should patronize hospitals within the country and so on. We must unite to rise!
Developed countries are ahead of us despite our amazing resources because of this. They use their own products and services, they also compel people from other countries to come for their people’s products and services. We keep sinking because of our selfish and ignorant attitudes.
No one is saying you should get no foreign product, of course you can because we don’t have everything here but learn to buy more from within the country, encourage businesses here too, help them make more sales to rise up to international standard for our own good. The benefits for doing this cannot be numbered. Invest more in Nigeria, your patronage within the country is a great investment.
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