
I just took an exciting trip to Lagos, Nigeria, to speak at an event called "The Platform", hosted by Pastor Poju Oyemade. "Pastor Poju" is a respected colleague from across the sea, and a man who possesses leadership potential that I would put on par with President Barack Obama. Taking advantage of the political freedoms obtained by Nigeria over the past decade, the pastor has pushed forth an agenda which focuses on economic empowerment and free enterprise.
The event organizers took great pains to ensure that we were safe during our trip and I appreciated that. Upon our arrival, a caravan of SUVs and a police escort rolled up and guided us through the thick Nigerian traffic. I looked out the window to see men on motorcycles riding alongside our caravan, as tall guys with sun glasses and dark suits drove the big, black trucks in which we were riding. It was definitely an interesting experience, which I discuss in more detail on my Black Scholars Blog.
Nigeria is a country that has been falsely presented to the world as a haven of danger. But like any other nation, it has it's good and it's bad. The extra security was more of a hospitality than a serious precaution, since most Americans are afraid of Nigeria. I was most impressed by the way the people of Nigeria overcome their obstacles and still keep working hard every day. African Americans can learn a great deal from our brothers and sisters across the sea.
When I arrived in my hotel, a comfortable spot on Victoria Island, right outside the city, I was shocked at who would greet me. I opened the door, ready to crash on my bed, and suddenly I saw Jay-Z.
OK, it wasn't the real Jay-Z, just his face on the cover of a magazine. But I am admittedly shocked when I head to Europe, Asia and other parts of the world, only to bump into the very same brothers I see when I drive to New York City. We know that Hip Hop has taken over the world, and megastar "blingaholics" like Jay-Z are leading the pack. What is most interesting is that although some might argue that the Jiggaman and I are very different people, the truth is that we are the same: brothers who hustle to use our intellect to get ahead. What is also interesting is that Jay-Z's lessons of free enterprise are incredibly powerful when considering the set of possibilities which exist for all of us in a compassionately capitalist society.
Jay-Z Snapshots
Actor Andy Garcia (R) greets musician Jay Z (L) as the two attend Game 1 of the NBA Western Conference semi-final basketball playoff game between the Los Angeles Lakers and the Houston Rockets in Los Angeles, May 4, 2009. REUTERS/Danny Moloshok (UNITED STATES SPORT BASKETBALL ENTERTAINMENT)
Reuters
Musician Sean "P.Diddy" Combs (L) sits court side with Jay Z (R) and Jay Z's 6 1/2 year-old nephew J.J. as they attend Game 1 of the NBA Western Conference semi-final basketball game between the Los Angeles Lakers and the Houston Rockets in Los Angeles, May 4, 2009. REUTERS/Danny Moloshok (UNITED STATES ENTERTAINMENT SPORT BASKETBALL)
Reuters
LOS ANGELES, CA - MAY 04: Sean Combs (R) and Jay-Z (L) attend the Los Angeles Lakers vs Houston Rockets game at Staples Center on May 4, 2009 in Los Angeles, California. (Photo by Noel Vasquez/Getty Images)
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LOS ANGELES, CA - MAY 04: Jay-Z (L) and Ron Artest (R) greet each other at the Los Angeles Lakers vs Houston Rockets game at Staples Center on May 4, 2009 in Los Angeles, California. (Photo by Noel Vasquez/Getty Images)
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Jay-Z, left, and Sean "Diddy" Combs are seen before Game 1 of a second-round NBA playoff series between the Los Angeles Lakers and Houston Rockets in Los Angeles on Monday, May 4, 2009. The Rockets won the game 100-92. (AP Photo/Matt Sayles)
AP
LOS ANGELES, CA - MAY 04: Sean Combs (L) and Jay-Z (R) attend the Los Angeles Lakers vs Houston Rockets game at Staples Center on May 4, 2009 in Los Angeles, California. (Photo by Noel Vasquez/Getty Images)
Getty Images
LOS ANGELES, CA - MAY 04: Sean Combs (L) and Jay-Z (R) attend the Los Angeles Lakers vs Houston Rockets game at Staples Center on May 4, 2009 in Los Angeles, California. (Photo by Noel Vasquez/Getty Images)
Getty Images
LOS ANGELES, CA - MAY 04: Sean Combs (L) and Jay-Z (R) attend the Los Angeles Lakers vs Houston Rockets game at Staples Center on May 4, 2009 in Los Angeles, California. (Photo by Noel Vasquez/Getty Images)
Getty Images
LOS ANGELES, CA - MAY 04: (L-R) Sean Combs, Jay-Z and Kobe Bryant greet each other at the Los Angeles Lakers vs Houston Rockets game at Staples Center on May 4, 2009 in Los Angeles, California. (Photo by Noel Vasquez/Getty Images)
Getty Images
LOS ANGELES, CA - MAY 04: (L-R) Sean Combs, Jay-Z and Kobe Bryant greet each other at the Los Angeles Lakers vs Houston Rockets game at Staples Center on May 4, 2009 in Los Angeles, California. (Photo by Noel Vasquez/Getty Images)
Getty Images
Capitalism is powerful, like a drug or fire. Fire can either keep you warm or it can burn you alive. A drug can make you healthy, but it can also be abused. It is my firm belief that capitalism, when appropriately balanced with a genuine concern for our fellow man and the protection of human dignity, can lead to tremendous economic growth and individual opportunity. At the same time, when capitalism is abused, it has the capacity to enslave its citizens. That is why I am not a Republican.
I learned long ago that I could never be a good professor unless I learned to be a good student. So, as much as I was there to teach the individuals in the audience, I was also there to learn from them. I learned from their persistence and determination when it comes to fulfilling basic needs for their families. I learned from the men on the street selling everything from house slippers to cans of Pringles potato chips as we drove by. I learned from the successful Nigerian businessmen who explained how they make their money from oil and gas futures trading. I even learned a lot from Jay Z, as he has evolved from being a source of labor to being a controller of capital. In other words, he didn't fall for the common temptation of becoming a high paid prostitute.
My trip left me impressed. The audience, roughly 20,000 in tow, all came out in hot Nigerian weather to get a taste of the very things that we as Americans take for granted. As much as we might get angry with our country, we must remember that there are economic and social opportunities that don't exist in other parts of the world. The pastor told me that just a decade ago when Nigeria was under military rule, a professor like myself would never have been allowed into the country. Military leaders don't tend to condone the idea of people thinking for themselves, since free thought threatens their hold on power. But there we all were, in a free society, being powerful and learning how to help Black people around the world achieve economic freedom. It was truly amazing.
I am going back to Nigeria in October. I've been invited, along with Rev. Jesse Jackson, to address a similar audience in Lagos. I look forward to the trip, for the economic opportunities in Africa are greater than the rest of the world. When it comes to economic growth and investment, Africa is destined to be the next China. I plan to be part of Africa's rise.
Dr. Boyce Watkins is a Finance Professor at Syracuse University

Comments: (19)
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By: Toto on 5/14/2009 3:38PM
I've been tellin people for the last few years still the amount of resources our motherland has had for centuries is astonishing the Supreme Being definitely did not intend for Africa to be sufferin from lack of wealth
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By: monique on 5/15/2009 12:46PM
You are so right! Africa is a place that should get alot more investment. It will get that investment in the future, but it's going to take time for white people to stop being afraid of us.
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By: Max on 5/22/2009 12:45PM
Dr. Watkins with all respect to Academia...you are so so late. Africa has been and is by far more in touch with U.S. current events/artists than WE are of African artists /current events. The only ones we do get most of the time are the very negative news reportage of some tragic event. I am African American. Most of our notions of Africa are filled with Paranoia and third party descriptions. Is this article promo for your next book?
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By: David on 5/16/2009 10:53AM
I don't know why we kept celebrating rich black people investing in other country's. We need jobs and opportunities for black people in America. I notice when a lot of these rappers and black entertainers like Jay Z started clothing lines, they took their money and manufactured in poor third world countries to give jobs to. We need to stop celebrating individual success stories like this and Oprah who invest with whites and others and ignore black people.
A few years ago at a award show Magic Johnson publicly criticized rich blacks for not investing in black communities and for not doing enough. The only time you hear anything about wealthy black doing anything for black communities is writing a check to CHARITY and that nothing more than a tax write off for them. I realize this type of wealth is only appox 2% of our black population but they can at least make some type of effort to economically invest in black communities. This is the direction we as a people need to go in. When is it going to be fashionable to invest in these crumbling black ghettos in America?
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By: monique on 5/16/2009 10:55AM
That's a good point. We need to hold celebs accountable like white folks when it comes to how they get their labor and how they build their wealth. We don't need more bob johnsons.
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By: dede on 5/16/2009 7:45PM
its time to start educating black americans on how to be real african-americans, rather than just taking on an identity they don't even know anything about. have a eregular column on african matters that will bridge the divide between black american and africans. its not enough calling yourselves african-americans, be truly what you claim to be . And the only way is to learn the truth about who you claim to be.
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By: monique on 5/19/2009 7:24PM
And you feel that you have the right to decide what a real african american looks like?
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By: Walter on 5/20/2009 12:57PM
The truth is that africa is the next big thing and the truth is that most people don't see it coming.There were times we couldn't afford quality education,but now an african child is determined to be the very best in all he/she does,if you think i'm lying check out your universities.People creat negative image about us cos they think they've seen the light but guess what its too late.We cant be boxed anymore,you can call us thieves and all sort but we aiming for the greater good.
I was at the platform when Dr Boyce came to Nigeria aka NAIJA,he was really deep and we need more people like him to help the youths who eager to make difference around them.As for Pastor poju,God has been using him mightly.
So its either you support us or you keep hating but either way the train is on the move.
Taia all ya.
walter
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By: Adams Ibrahim on 10/03/2009 5:45AM
You should be worried about your own country, we don't pick up guns and kill for fun. We didn't start online scamming, your people did. Whatever evil you come up with about my people, there's a 100% chance your people do much worse. Please be careful how you portray Africans especially Nigerians.
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