Economy Survey Analyst, Roman Oseghale joined the ladies of #YourviewTVC to discuss the extreme poverty in Nigeria, giving a detailed analysis of Nigeria’s economy and poverty level. He stated that Nigeria is being plundered.
Roman Oseghale pointed that Nigeria economic model isn’t designed to create wealth, instead it was designed to impoverish the people.
He also highlighted that ‘A system is run by processes and procedures, and with these processes & procedures you can tell the direction of which the system is headed towards.’
Roman Oseghale also explained that ‘The World bank’ developed a system to break down the balance sheets of countries, and a means called ‘Adjusted net savings’.
He further went through to analyse the 4 assets group created by world bank as balance sheet for countries, where Nigeria is deteriorating on daily basis.
The wealth of these countries was then grouped into the following, which will be used as balance sheet procedure of other countries:
1. The procedure assets
2. The human capital assets
3. Natural assets
4. Net foreign assets
Education in the country is at abysmal level. The investment in Nigeria is so disheartening.
‘Education is what leads to research and development, research and development is what leads to value added. The money isn’t in mineral resources, the money is in value added’.- Roman Oseghale
SEE VIDEO:
Roman Oseghale
November 21, 2019 at 12:30 pm
Produced Assets and not Procedure Assets