This is a very funny but really important topic i wish to consider. This morning i went out to 'mai shayi'(tea sellers) while we were taking our tea with bread, i started a discussion with a colleague of mine on the issue of making money from simple kobo. what triggered the discussion further was that lagos internally generated stood at 20billion followed by Kano. but what made kano a business hub and in which they have a lot of millions is becos they have not discarded the kobo.
Yes in Kano, as my friend stated, you can still buy something with a few kobos unlike in where i live the lowest denominator is N5. this set me to start thinking of the various possiblity of making money with just 1 kobo which is still a legal tender and accepted by the banks.
for instance i want to be selling recharge cards instead of N100, i did sell it @ N95 for both retailers and wholesale buyers. I have a photocopy business instead of photocopying @ N5, i will do it at 3pcs for N10. etc

pls i would like to further request more discussion on this so as to see more possiblity. Sorry i may not logically put it but hope u understand.

Love this great post, i have seen people that can go to a mile because of a difference of #5 in the price o a recharge card.

Hmm, very interesting post. this is the kind of thing i want to read on NL.
it's 1naira you keep adding that turns to 1million isn't it?
I'm afraid our get-rich-quick mentality will be a stumbling block.

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My brother you have said the point blank truth but no Nigerian (99.99%) want to be patient to pick up the little kobos he can get but they all aim for 1000 naira notes

thanks for your replies,

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