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They mustn't sit on the sidelines complaining about how awful the game is and how incompetent the coach has been, but must see themselves as important players in the end result of the game, starting a business supplies a great challenge for anyone looking to change things for the higher in Nigeria. Nigerian youth have a peculiar problem to manage in that, there's a regular growth in unemployment, bad leadership and an unfavorable business environment. My picture is of a growing baobab tree, it could increase, in the back ground are some young Nigerians playing soccer, there's hope but we will all have to put ourselves out there and allow it to be work!

Reflecting on Hostede's classification of society as being either collectivist or individualist, one cannot help but consider Nigeria's position beneath the circumstance. It's hard to tell really, however, you can say, very much like a combined economy, we might be embracing one or the other at different levels, or both complicated.

Businesses the world over, particularly in recent years, are trying harder to encourage team work, collaborative and therefore collective efforts toward actualizing set objectives, this this system requires the cooperation of everybody on board. Africa is and has always been an essentially collectivist society. If we are able to tap using this reserve of a great heritage in developing strong functional and ethical models upon which to operate our lives, enterprises and organisations, we would be taking the most effective initiative towards achieving a significantly improved livelihood for our increasing quantity of the needy and society as a whole. All hands must certainly be on deck, harmonizing specialized skill from different, generations, backgrounds and cultures (which Nigeria is richly blessed with). This can be a job for entrepreneurs, leaders.

The word needy is instructive here for several reasons. Nigeria and Africa at large is teaming with the needy. A need is just a requirement, and whatever degree of goal it is provided, it is supposed to be satisfied. Human needs only encourage the development of price which propels society. They're constantly growing; making the entire course of individual living, a trip toward the ultimate satisfaction of an ultimate need.

I dare claim that to an enterprising mind, wants are just as much an all-natural reference as oil, or even better, that being since without the need for just about any item or service, it stands to purpose that this product, or that company, is without value and therefore worthless, it generates number feeling at all to offer it as a thing of value.

If an alternative supply of power where you should be presented effectively, the super status of gas in the Nigerian economy will be relegated. This can encourage competitiveness, needed for a wholesome economy, and superior to the mono fat economy we have unfortunately saddled ourselves with.

Initially glance, Nigeria doesn't seem like it's poised becoming a world player. More than 80 million Nigerians survive significantly less than $2 per day, 40 percent of the united states hasn't gone to school, and 1 / 2 of Nigerian women are illiterate. Throw in the growing threat of terrorism in Africa, and the problem looks pretty grim.

That's, until you look deeper. Nigeria has two things choosing it: a large population (162 million) and a lot of oil. Nigeria says it pumps out 2.53 million barrels of crude every single day, which can be up there with heavyweights like Kuwait and Iraq. All this oil is cycling cash in to the Nigerian economy and minting new tycoons, which probably explains why over 100 Nigerians have obtained private jets since 2007. Analysts from Pricewaterhouse-Coopers say that if Nigeria can beef up its schools and technology, it may balloon into the world's 13th largest economy by 2050, nestled between Turkey and Italy.

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