Why Most Educated People Are Suffering And Poor.

Uzyinka
Most of the educated people in Nigeria are poor. The majority of the educated earn less than #48,000 as salary after tax (PAYE) and other deductions. The net salary then suffers from loan deductions. Most salary earners have loans to be deducted from their salaries that are always above 30% of their salary. Still on the #48,000, deducting 30% for loans brings the balance to #33,600. He contributes like #15,000 monthly for house rent and monthly shopping takes away like #10,000 bringing the balance to #8,600. Transportation takes like #6,000 based on an average of #300 per day leaving a balance of #2,600 which is not enough for his other expenses for the month. He then starts borrowing again.

The biggest excuse for getting paid such low amounts of money and having to sit and work for another person for 30 days is THE CERTIFICATE that he/she possesses and that’s all. This has made most of the certificate holders very poor to poverty-stricken and will die that way. A certificate holder does not know how to generate money unless that money is generated for the employer. A certificate holder is so dependent on the salary that he can do anything to get a job but will not think of starting a business of his own to employ others.

The worst part of this educated mistake is that the majority spent an average of 2 to 10 years doing nothing and being fed by family, saying am looking for a job. While many who learn one trade or work are feeding their family immediately after freedom. A lady of a very humble background sells drinks and chips in a school. She does not speak English but sells Coke, Pepsi, and Sprite at #80 each making a profit of #10 on each drink. She also sells chips at #50 making a profit of #15 on each portion. Not less than 90 students buy chips and a drink every single day. This means she makes a profit of #25 for a drink and chips and a total profit of #2,250 daily multiplied by 20 days, which is #45,000 monthly.

A taxi driver makes #4,000 daily, he works 6 days a week, using Sunday to rest. He makes #24,000 weekly totalling #96,000 monthly.

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