A Letter to Nigeria Youth by Prof Bernard Odoh - Bloomsford Entrepreneurship Academy
LETTER TO YOUTH By Prof Benard Odoh Keep your Degree in a safe custody for future opportunity, and engage in entrepreneur skills, otherwise you will die poor. Most of the educated people in Nigeria are poor. Majority of the educated earn less than N55,000 for a salary before tax and other deductions. When the deductions are put into consideration, the net salary comes to around N50,000. The net salary then suffers from loan deductions of up to N15,000 leaving the salary at around N35,000. The landlord then demands for his N15,000 and monthly shopping takes away N10,000 leaving one with a N10,000. The bus will demand for N300 going to and from work and relatives get another N2,500. The whole salary is gone and borrowed money starts operating. The borrowed money includes short loans and salary advances. The difference between poverty and prosperity is property. A prosperous person has property to his name while a poverty stricken person has no property to show. Using this unde
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