Now,let's be very sincere with ourselves,the economic downturn is NOT the fault of Buhari...it's not TOTALLY that of the past regimes either.Guys,make we no fool ourselves,the problem is more of ours the citizens than our leaders!
How Many Made in Nigeria Products do you Use?
Like I used to say,Nigerians are yet to start seeing themselves as Nigerians.As such,we don't really care about what happens to Nigeria so long we live comfortably.Very few of us truly care about National matters.This is why most of us would say 'Devalue the Naira' even when it's quite obvious that the devaluation would only lead to inflation.We don't care,so long we are not directly affected. This is sad!
What we don't know is that the current economic broo-hoo-waha we find ourselves today is as a result of our careless attitude towards our dear country Nigeria.We want the best of services and products which is normal.But,the problem is that the origin and source of the service/product you use matters.It involves the exchange of currencies.It's all about the normal demand & supply curves...the higher the price,the lower the demand and vice versa.
When you buy foreign products,our Naira flies out of the country to pay for it but when you buy a Nigerian product,the Naira stays at home and improves our overall economic status.In other words,the more often we buy foreign products/services,the more often Naira has to travel oversees...now,the problem is that we Nigerians buy foreign products much more often than we should,hence,the Naira travels out so often that other countries are becoming wary of it.
When you see something too often,you seem to loose taste for it,hence,you treat it with less respect and sometimes downgrade it...that's exactly what's happening to the Naira.
Buy Nigerian Products even if the are Inferior!
I know that some products cannot be produced in Nigeria because we lack the required technology or raw materials,yes,but,can't we limit our importation to those and as a matter of fact strive to extend the number of products/service we produce???Naira needs to stay at home the more so that people out there would miss it and treat it with more respect.
There was a time in this country that the Naira was more valuable than the Dollar so much that Americans would be glad to be paid in Naira!We can bring back those glorious days...together,we can do it and it's easy to do it.
All we have to do is to resolve to buy more Nigerian products as against foreign products even when the Nigerian product is inferior to its foreign counterparts.Buy it Nigerian to keep Nigerians employed and keep the Naira indoors!Buy the products and suggest to the producers how they can make better products...now,that's how to grow an economy...the citizens must be ready to support their country by patronizing products made in their country.You would NEVER see an average American or British citizens patronizing other country's products while there's a local producer of the same product,why can't we do that too???
Consumers are the Kings...we are the Kings & Queens!
An open secret is that Traders,Merchants and the Business men sell what WE WANT TO BUY NOT WHAT THEY WANT SELL!
No Merchant would like to display products without buyers,so,they do market researches to find out what's trending,what's selling before they go to buy.Since in Nigeria,what sells are foreign products,Marketers and Merchants are forced to provide foreign goods.
Should we,the consumers...the buyers decide to change our taste today and patronize Nigerian products despite their numerous flaws,the Merchants and Marketers are trendy to follow suit by providing us with more Nigerian products!
....to be continued!
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