OCore nations I.e western nations in their ways, magnanimously invested in 3rd world nations, to make livings for itself and its puppet within the confinement of poor and underdeveloped nations like Nigeria. The economist of the bourgeois orientation and ideology argued in the perspective of modern privatization of national facilities, importation of policies, religion and culture at the negative effect to the being of human and nature.
The profit ratio of so many investment in Africa with mother company in Europe and America yields more profit than mother company. The SHELL, MTN, JULIUS BERGER, CHEVRON, UAC etc statistically export the monies of poor nations to parent nations to buttress or expand the economic tentacles of those nations
In 2014, MTN exported billions of naira from the shores to MTN Dubai. It was estimated to be #11.4 billion which is equivalent to the budget of 3 States in Nigeria. MTN makes 37% of its revenue from Nigeria which is approximately $1billion. $1billion is currently etantamountto #450billion. The imperialist nations make use of economics terminologies to distract the attentions of citizens from realities, a way to further povertirised the poor nations. If the core nations have used economic violence to siphon common wealth from the poor nations, imported cultures to brainwash and eradicate our culture, then a step to cultural revolution and NO to neocolonialism must be taken. If breakdown of oil pipelines could limit the turnover of SHELL from over $2billion to just $1.08billion, and this became a blow to its firm then what do man gain from business monopoly of the greedy? Nothing than exploitation and neocolonialism which is more dangerous to poor people than
AIDs.
They've come, established via IMF of this world but must we allow them to overpower and finally conquer our inheritance? Liberation is essential and people should stand against exploitation from the western world. Cuba, Argentina, Burkina Faso did it likewise Libya. Masses are unemployed or underemployed, No shelter and food for people to consume but they cargo our resources to westernland.
Public sector privatisation is tantamount to collapse of sociopolitical stand of the nation. Say No To Privatization!
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