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Leader of Africa’s first Economic War reveals why Africans are poor
Why are Africans poor?
Now here’s a question that demands an answer.
Why is it that arguably the world’s richest continent – in terms of natural resources – has some of the world’s poorest people? Already I can sense you rolling your eyes deep into the back of your head.
“the government, yes the government …” We often seem to be a people who blame the government for everything happening in our continent but again, like I had always done, I will surprise you with a revelation from the Black Wall Street’s Economic War Show with Charles N Lambert that the government is not the reason why we are in Africa are poor.
All of Africa’s colonial masters left behind a way of life completely decimated, a people traumatised and taught in colonial schools to loathe everything about themselves: their skin, their languages, their dress.
So because of this, African millennials spend most of their times and energy trying to change who they are, changing their looks with the money they have instead of investing.
Before I continue with that, it is also necessary to note that one of the major reasons African are poor is the too much focus on Labour when there are four factors of production and this makes it look like we are prepared to be slaves in Africa.
Almost every African family believes that the first thing to do is to go to school, get a certificate, get a job and start receiving salaries monthly which is labour! What happened to investing money in your own businesses, in corporations and even without a certificate this is possible.
Africans ignore factors like Land, entrepreneur and capital which is the most important one that grows wealth in other Western countries.
Now, let me also tell you that it is very necessary to understand where you are putting the money you have, this takes us to episode 5 of the Economic war show where Lambert talked about investment.
Lack of understanding and how to use money and invest in the right places is the cause of poverty in Africa because even when most people have this money, they don’t know how to use it to make more money. Many will put the blame on Government but the bitter truth remains that Government is not the reason why Africans are poor.
Data shows that African millennials spend 65% of their money on personal care such as clothes, cars, hairs just to look good etc while millennials in Western countries spend 65% of their money on investment to prepare for the future.
It is still possible for our millennials to spend money on looking good and still invest properly without waiting or blaming the government for lack of jobs and poverty in the continent.
The Black Wall Street is giving Africans opportunities on the Redirect Mall to invest, setting the foundation to secure the future. These investment opportunities will save the continent from losing too much money from Capital flight because it grants Africans the opportunities to buy things within the continent and retain our money in Africa and the good thing about buying these products is that you win points to invest.
Investing in redirect mall is one of the best ever investments you will ever make which will also allow you to look good while you earn dollars daily, weekly and monthly.
The Redirect Mall is an online Mall dedicated to fighting the Economic War. It is a place where Africans can buy African products in bulk as this will help retain the movement of money within Africa.
The Redirect Mall is to make sure Africans have easy access to goods produced by manufacturing companies in the continent.
With the redirect mall, Africans can trap the resources and invest in African corporations to create more jobs for the people, thereby bringing industrialization to our doorsteps.
The Black Wall Street has also provided a special platform called the “UPAP stock” for Africans to have access to 25 basic Human Need Apps floated on Black Wall Street which gives the holders of the stock lifetime monthly returns of $100 for being the very first people to participate in the investment by product purchase program of Black Wall Street.
UPAP stock is designed by Black Wall Street to help Africans recover from the coming effects of the economic downturn through the lockdown from the pandemic of Covid19.
It pays the same $100 per month for product purchase but for 9 months only at which point the contract terminates.
BWS is the only stock exchange system in the world that is 100% risk-free because investments in companies are made only through points gained from regular consumer product purchases. The source of the points to invest in BWS can only be received through the authorized official partner.
You can also join the Economic War by buying made in Africa products available on redirectmall.com as well as follow the show on Mondays and Thursdays 3pm EAT on Facebook live and charleslambertcorridor.com
Breaking
Senator Ifeanyi Ubah dies at 52
The Senator representing Anambra South in the National Assembly, Ifeanyi Ubah, is dead.
Ubah, who was the Chief Executive Officer of Capital Oil, was said to have died in a hotel in London, the United Kingdom, on Saturday.
He would have been 53 on September 3.
Senate spokesperson, Yemi Adaramodu, confirmed Ubah’s death to our correspondent on Saturday.
He said, “It’s confirmed, but I am sending an official statement soon.”
Ubah, who was re-elected into the 10th Senate under the Young Peoples Party, had last year defected to the All Progressive Congress.
In September 2022, Ubah escaped assassination when he was attacked by gunmen on his way to Nnewi in Enugwu-Ukwu in Anambra State.
Breaking
JUST IN: Edo state Assembly impeaches Deputy Governor Shaibu
The Edo State House of Assembly, on Monday, impeached the state’s Deputy governor, Comrade Philip Shaibu.
The impeachment followed the adoption of the report of the seven-man investigative panel set up by the Assembly to probe allegations of misconduct against Shaibu.
Breaking
JUST IN: Olubadan of Ibadanland, Oba Lekan Balogun joins ancestors at 81
The Olubadan of Ibadanland, Oba Lekan Balogun has joined his ancestors after a brief illness.
He joined his ancestors at the age of 81.
It was gathered that the late monarch was taken to the hospital Wednesday morning having stayed indoor throughout Tuesday on account of slight malaria fever, though, he was hail and hearty on Monday during which he personally received few guests that paid him congratulatory visits on his second year anniversary on that day.
Making this announcement was the Baba-Kekere Olubadan and his younger brother, Dr Kola Balogun in a statement by the Personal Assistant (Media) to the late monarch, Oladele Ogunsola.
According to the statement, Dr. Balogun disclosed that Oba Balogun would be buried at his Aliiwo ancestral home by 4.00pm on Friday according to Islamic rites just as he said that the State Governor Seyi Makinde, though already verbally informed, would be formally notified early in the morning.
The late Olubadan was the first most educated to have emerged as Ibadan monarch, a British trained P.hd holder, a former university lecturer, former member of management staff of Shell British Petroleum, former gubernatorial candidate of the defunct Nigeria People’s Party, NPP, former Senator and a successful business man.
His last official outing was the Olubadan Advisory Council’s meeting which he presided over last Saturday where the decision to derobed Mogaji Akinsola, Olawale Oladoja was taken.
He however, on Tuesday instructed the Ekerin Olubadan, Oba Hamidu Ajibade to midwife a small committee to deliberate on last Friday’s decision on what should be the position of Ibadan Zone in the proposed newly reconstituted Oyo State Council of Obas and Chiefs.
The decision of the small committee was earlier on Thursday ratified by the Olubadan Advisory Council at a meeting presided over by Otun Olubadan and the former governor of Oyo State, High Chief Rashidi Ladoja and was to be taken to the late Oba Balogun for his signature Friday morning so as to meet the deadline for submission to the state Commissioner for Local Government and Chieftaincy Matters later in the day.
The late Olubadan is survived by wives, children and grandchildren.
Announcing the passage of the monarch, Governor Makinde, in a statement, stated that Olubadan, who joined his ancestors late Thursday evening at the University College Hospital, UCH, Ibadan, described him as an epitome of royal excellence and a great achiever, who made great marks on Ibadanland in just a little over two years of his reign.
He expressed his condolences to the Olubadan-in-Council, the Oyo State Traditional Council and the people of Ibadanland and Oyo State, praying to God to grant repose to the soul of the deceased monarch.
Makinde said: “With total submission to the will of God, I announce the passing unto glory of our father, His Imperial Majesty, Oba Dr. Mohood Lekan Balogun, Alli Okunmade II, the 42nd Olubadan of Ibadanland.
“A mighty Iroko has fallen; Oba Dr. Balogun has joined the ancestors.
“In Kabiyesi, Ibadanland had a cosmopolitan and well-experienced Olubadan, who made indelible marks on the sands of history and achieved greatly within a short while.
“On behalf of the Government and good People of Oyo State, I condole with the immediate family of the Oba Dr. Balogun, the Olubadan-in-Council, the Oyo State Traditional Council and the people of Ibadanland.
“It is my prayer that God grants repose to the soul of our late monarch.”
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