Story - The Meat Hunter and The Meat Seller...

Ebele Ogbuanu the Hunter goes in the bush, kills a very big Antelope and sells it to

Mama Ngozi who sells pepper soup. He sold the game for N1,000, he told mama

Ngozi to make sure the pepper soup is well made because he is coming along with his friends in the evening to enjoy themselves. When they got there that evening, they ordered for plates of pepper soup. Ebele bought the head for N500, he bought the four legs for his four friend at N500 each, another person ate the intestine as assorted, he paid N500 for it, three other people also ate N500 worth of pepper soup 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.

Culled

Ayeni Ekundayo

(Inbound Maketer |Google Certified AdWords Fundamentals, Search Advertising, Display Adverts)

Source: www.nairaland.com (surf through)

Wow as simple and relatable this story may seem, it explains exactly the relationship between country Nigeria and our so called oil processing allies, thank God PMB has revived some of our refineries though I can’t confirm if they are working at full capacity ( Ebele’s wife might have learned to cook pepper soup but maybe not as good as Mama Ngozi ), maybe its high time Ebele stops sweating over bush meats and start considering farming, mama would say 'monkey dey work baboon.