A Few Things You may Not Know about Nigeria

Nigeria has been in the news recently, mostly for all the wrong reasons. With cases of Ebola being reported and the presence of Boko Haram, Nigeria can seem like a different planet. However, the country is not exactly what Western media portrays it to be. With a large population, an economy in which entrepreneurs like Alexander F. Bouri have made a name for themselves, a thriving movie business, and a large Christian population, Nigeria is not the exotic place that many people may think it is.

Not Exactly Desolate

It’s safe to say that the average American doesn’t know much about the economic and societal makeup of Africa, let alone the specifics of each country within the continent. Nigeria is called “the Giant of Africa,” in reference to the size of the population and the economy. With approximately 174 million residents, Nigeria has the highest population on the continent and is the seventh most populous country in the world.

Economically, Nigeria is on the rise. With a GDP of 500 million dollars, it is ranked 26th in the world and economists believe it has the potential to be in the top 20 in the next 50 years. The success of the Nigerian economy is tied primarily to its oil reserves, but the economic climate does allow for some success in other markets. Alexander F. Bouri, the chairman of Seament and a prominent leader in cement trading, got his start in Nigeria.

A Secret Leader in the Arts

Quick! Name the second most prolific country when it comes to releasing movies? Did you say India? No, actually India is number one. The United States? Up until recently, that guess would’ve been correct, but no. Nigeria produces the second largest number of movies each year. They’ve become so big that they even have a name for their movie industry: Nollywood.

There are also plenty of famous people that are from Nigeria. Chiwetel Ejiofor, the Oscar-nominated lead of 12 Years a Slave, is of Nigerian parentage and singer Sade and NBA Hall of Famer Hakeem Olajuwon were both born there.

A Large Christian Population

If you had to guess the major religions of Nigeria, you probably would bet against Christianity, but it’s actually nearly tied with Islam for the most popular religion. Islam makes up around half of the population while Christianity accounts for about 48%. Nigeria has the highest population of Christians in Africa, accounting for over 80 million.

 

Nigeria may be on an entirely different continent than the United States, but it’s not as different as it may seem.

 

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4 Important Things that We can Learn from Alexander F. Bouri

Have you heard of Alexander F. Bouri yet? Alexander F. Bouri is the founder of Seament, a cement company known for providing bulk materials and expert service in all areas of manufacturing, bulk handling, shipping, and terminal management. As the founder of Seament, Alexander F. Bouri has been very successful and has even helped revolutionize the cement industry. He is truly an inspiration for many. Here are 4 important things we can all learn from Alexander F. Bouri.

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1.  Hard work pays off. Sure, Alexander F. Bouri is a very successful man now, but his success didn’t come overnight – he had to work very hard for it. He started off studying at American University of Beirut where he earned a degree in business administration. Shortly after this, Bouri moved to Nigeria where he worked selling insurance.

2.  Dare to dream. Selling insurance may have given Alexander F. Bouri the money he needed to pay the bills, but it wasn’t what he intended to do for the rest of his life. As he continued to work at that job, he began to dream of a career in the cement industry; he took his first steps towards achieving this dream by taking out a $50,000 loan to get started in the cement trading business. With hard work and perseverance, he turned his loan into a huge profit and quickly earned the title of “Cement King” in the 1980s.

3.  Never stop learning. Just because Alexander F. Bouri has been successful doesn’t mean he has nothing left to learn, whether industry-related or something for fun. Presently, while still serving as the owner of Seament, Alexander F. Bouri spends his free time learning about agriculture and growing his own food.

4.  Give to others whenever you can. Alexander F. Bouri has never been one to revel in his own success or to get greedy with earnings. He knows that charity begins in the home, which is why he chose to help his son, Charles Bouri out by providing him with a job at Seament. Charles now proudly manages many of Seament’s operations, including their overseas locations.

Alexander F. Bouri also enjoys giving back to the community whenever he can, and has been assisting the foundation and building of schools in Lebanon and Nigeria. Additionally, he is also helping Lebanon and Albania improve their medical care by offering financial assistance to the Red Cross.

As you can see, Charles F. Bouri is not only a hard worker and successful owner of Seament, but he’s a very caring and generous individual as well. He is very inspiring for those who wish to one day own a business of their own.