Those without bank account should go and open one nah. What does it cost to open a savings account? In some banks, less than a thousand naira will open an account for you.
In the story the op posted, a doctorate degree student cum trader was interviewed. Why should such an individual not have a bank account?
This cashless policy has so many advantages for our nation, let's look beyond issues of vote buying & politics pls.
Some people will not change their practices, unless forced to do so. This country must move forward.
The govt did a poor job in the implementation of this policy and they did not educate people well enough about its numerous advantages before rolling it out. Govt is not talking enough but hat does not change the fact that it is a good policy.
And pls let's stop the lies about bank apps/POS failing. Successful transactions are now by far more than failed ones. The increase in electronic payments is what will spur the banks to improve their network capacity.

Cool83:
Some people will say they should do transfer, even those without account number

OP, thanks for the good compilation. The public need to hear more of this timely warnings.
One thing though, think of using a better name than the name albagdadi, a terrorist & murderer. He represented everything wrong with a fellow that does not know Christ. If you are a Christian, that type of fellow should not be your hero.

Pls OP continue with the thread.

Is this 7.56% per annum, per quarter or what? Do you have two different mutual funds? What is this VGIF you mention sometimes?

emmasoft:


7.56% as at Friday last week and it's upward looking.

SCAMMER!!!
General public BEWARE!

I insist you are a scammer until you refund my money.
You have stopped picking your calls, no response to WhatsApp or text messages since I paid into your account but before then you speedily responded to all enquiries.
General public, BEWARE!

[b]SCAM ALERT
[/b]Be warned everyone! Integrity farms, Anagba farms, Uwessan farms, Irrua farms or whatever new name they choose to call themselves are scammers. Avoid them like a plague!

IntegrityFarmsN:


Anagba Farms, Ibhiolulu-Uwessan, Irrua, Esan Central Local Government Area, Edo State, Nigeria. Call / WhatsApp: zero-seven-zero-five-zero-three-three-zero-eight-one-zero.

Five Simple Ways To MAKE BIG MONEY From Garri Business are as follows below:

1. Proxy Trading from which you will be EARNING 20% PROFIT Every Month (Monthly) WITHOUT getting physically involved in Garri Trading.

2. Garri Trading Physically By Yourself that will be giving you BIG PROFITS consistently.

3. Commission Agent work for which you are paid BIG COMMISSIONS.

4. HYBRID Cassava Farming with HUGE PROFITS.

5. Garri Production (Traditional, Mechanical and Digital) that is HIGHLY PROFITABLE.

TAKE NOTE:

Garri Business is BIG BUSINESS in Nigeria because Majority of the TWO HUNDRED MILLION PERSONS living in Nigeria eat Garri EVERYDAY!!!

Nigeria is the HIGHEST (BIGGEST) PRODUCER of Cassava and Garri in the WORLD!

Garri Business is a Safe and Secured Way To Make Money With Peace of Mind.

OP, pls add me to the goat farming WhatsApp group. Thanks.
08178103520

Hello sir. Give us a number to call pls. Thank you.

Pls nairalanders, trade with these people with great caution.
I am yet to get the back the money I sent to this same Integrity farms, formerly Anagba farms, formerly Uwessan farms, formerly how many other names!
YOU ARE WARNED!

ROI of 20% in 8 months or 35% in 12 months is quite possible and plausible in a good investment. Whether the company (Oxford agro) is genuine or not is what I cannot vouch for. Do due diligence especially with these agric tech companies.

ignis:
Please can this investment plan be real ? I saw it on Facebook and wanted giving it a trial, but the ROI is too good to be real. I'm scared of loosing my money in search for interest.
Could this be real or scam ?
Do anyone know the company or tried business with them?

I suppose you have other source(s) of income though, or were you able to achieve all these with 200k per month?

sinkhole:
actually, where I am currently working is not where my personal building is and I did not start working yesterday! I built my house about four years ago and bought my car about two years ago (I saved for a year plus for the car!).
Where I am working now, I stay in a rented flat of about 120k per year and ironically, in the same town you can get an apartment of exactly the same specification for 250k per year and many of my colleagues stay in such

Great write-up. Thanks for sharing your experience.

How Nigeria Manufactures Hunger
~ Tosin Adeoti[b][/b]

A few days back a Facebook friend shared an experience (1) whose variations I am hearing more and more these days: While in a local bukka, a young schoolboy of about 14 accosted him. It was in the evening and the boy pleaded with him to buy him food. The lad explained that he had not put anything in his mouth since the dawn of that day. Even though he is someone who pays no mind to random folks requesting for funds, it did jolt him that the boy wasn't asking for money but food. In fact, the boy wasn't asking him for a full meal, only that he gives him the leftover from what he was eating. Moved with compassion, he bought him a meal. As he looked at the boy lapping up his soup, he realized that sometimes the reward of the giver is in the joyful face of the receiver.

Things are hard in this country.

Another friend summed it up in the usual humorous way Nigerians couch their hardship (2),

"Earlier today, I saw my neighbor offloading more than 4 bunches of plantain from his truck. I mean, I won't be surprised if EFCC and DSS trailed him because where una dey see this money!!"

Things are hard in this country.

Many times I am tempted to ask low-level workers how they are surviving the hike in food prices. A few times I asked, I got an earful. Sometimes I part with a few coins but in my heart, I know what I have given can only buy so much in the market and that they will be back to square one in a few days. It is not sustainable.

THIS GALLOPING FOOD INFLATION
The Tribune newspaper ran a piece this month about the hyperinflation in the prices of food items and household products across the country (3). They reported that a measure of pepper that would sell for N1,000 about three weeks back, now sells for N3,000. A big tuber of yam which sold for N1,200 weeks back, now sells for N2,500. Personally, I was shocked that a crate of egg my family used to buy for N600 now sells for N1,600.

The food inflation is so dire that with a food inflation of 22.28% (4), Nigeria has the 11th highest food inflation rate among 169 counties in the world (5), and the 5th in Africa. An NBS survey conducted in 2020 showed that 58% of Nigerians reduced their food consumption between July and December 2020 (6). I imagine it's worse now.

I mentioned that I was shocked when I found out that my beloved egg has jumped 169% in 4 years. Perhaps I should not have been. Those who regularly follow my economic commentary online would be surprised to read that I was shocked. This I had predicted a while back.

HOW DID WE GET HERE?
To get at the heart of a problem it is important for the right questions to be asked. According to the World Bank (2019), the GDP per capita of Nigeria is $2,230 while that of Pakistan is $1,284 (8 ). Going by these figures, an average Nigerian is 70% richer than a Pakistani.

Don't switch off yet. Stay with me a while, please.

I could have chosen any country but I chose Pakistan because of the similarity in population. Depending on where you look and how believable you find the figures (9), Nigeria's population is estimated at 210 million while Pakistan's is estimated at 212 million; 2 million people more populated than Nigeria. So compared to other countries, it's about the closest.

Now, if you go to the World Poverty Clock (10) and check out the number of people in poverty in both countries you will be in for some surprises. Nigeria has 86 million people in extreme poverty but Pakistan has 10 million people. Pakistan has 5% of its people living below $1.9 per day while Nigeria has 41%.

Look at the two data points - GDP per capital snd extreme poverty population - and what do you come up with? One talks about income - Nigerians earn more than Pakistanis - the other talks about cost - Pakistanis have a much better purchasing power. It simply means that $1.9 will buy more things in Pakistan than in Nigeria.

Nigerians are poor not primarily because they are not earning enough but because what they earn is buying less and less compared to people in other countries. When you hear that Nigeria has the most people in extreme poverty in the world (11), it's because their earning power is reduced. If in 2015 you were earning N100k and you were in the habit of buying a big tuber of yam at N500, that's 0.5% of your salary. Now that it's N2500, if your salary stayed the same, you would need to spend 2.5% of your income to buy the same yam. Remembering that unemployment rate has jumped from 10% in 2015 to 33% in 2021 brings it further home, meaning that some who were earning 100k actually have no income right now. Looking at the former scenario, it's either you part with more of your salary for less of yam, buy less yam with the same money, or look for an alternative.

A 2016 World Economic Forum article quoted a USDA survey saying that Nigerians spend the most on food (12). While the percentage of household income spent on food in Singapore is 6.7%, 9.6% in Ireland, 9.9% in Austria, 19% in South Africa, as at 2016 Nigerians spent 56% of their income on food - again, the highest in the world. On the other end, Pakistan has its people spending 41% of their income on food (13).

Is it becoming clearer where our demons are coming from? Food prices is one of the major reasons why Nigeria with a higher GDP per capita than Pakistan has more than 8 times the number of people in poverty.

Now, put on your thinking cap: Faced with this data, as a policy maker in Nigeria, if asked what to do to lift Nigerians out of poverty, what would be one of the first things on your mind? Good! Reducing the percentage of household income Nigerians spend on food. Creating jobs for Nigerians is praiseworthy. Increasing the income of Nigerians is good. However, if the price of food items keeps increasing then their income will be worth less and less. To buy a tuber of yam with the same 0.5% of his salary, the person earning 100k in 2015 would need to be earning 250k today. This is a core issue that should keep government officials awake at night.

No matter what you do, you must never do things that will increase the already high food prices because it means that more and more people will be thrown into the poverty bracket.

WHAT ARE THE PRACTICAL SOLUTIONS?
Once you start from this point that food is absolutely essential to curing hunger and reducing poverty in the country, you will realize the folly of the many policies that has become a given in our country. I will list out a few:

• Banning food items
No month passes by without Nigeria banning or threatening to ban the importation of certain food items. In a piece I wrote a while back titled We Don't Have a Rice Problem (14), I laid out my argument regarding why the government's obsession with rice is misguided. Banning of food items may well be a good policy in certain circumstances but even for those situations a country has to ensure that it has put in place adequate measures to prevent the suffering of its people. If Nigeria consumes, according to PwC (15), 6.9 million tons of rice, you cannot blanket ban importation when production capacity is only 3.7 million tons. If we will ban, the right environment to close the supply gap has to be put in place. Thrive Agric (16) reports that rice production is hampered by both production (low mechanization) and socioeconomic (lack of access to inputs) constraints making it difficult for the gap to be bridged.

This is evidenced by the price of the commodity. A 50kg bag of milled rice which sold around N10,000 in 2015 now sells for N23,000 on the average, according to a BusinessDay report (17). In fact, there are reports that foreign rice is being bagged as local brands (18). It's deception galore.

• Full Border reopening
In a November 2019 piece (19), I argued vehemently against the border closure. In it, I predicted that as long as the border remains shut, whether fully or partially, food inflation will continue to increase. Someone contacted me after he read the article and asked for advice on what he should do for his personal economy, I asked him to stockpile food items. I am not a soothsayer. I have only through reading realized the implications of certain actions and policies. And I am saying now that unless we revisit these policies the prices of food items will continue to increase. In fact, I na few months time people would wish they bought more at present prices. It’s a simple case of ‘those who fail to learn from history are doomed to repeat them”.

Strangely, despite the evidence of poverty around us, the government is yet to fully open the borders. It's gotten to such a head that only five days ago, the World Bank again advocated (20) that Nigeria fully reopen its land borders to trade so as to help slow Nigeria’s accelerating inflation rate.

In Closing...
There are other solutions to the problem of food hunger including resolving the grave insecurity in the land and good management of the exchange rate, and this has to be done alongside things like facilitating imports of staple foods and medicine by removing them from the list of FX restrictions.

On June 12, when President Buhari announced that his government has lifted 10.5 million people out of poverty (21), many of us know it could not be true based on the realities on ground. Again, referencing the World Poverty Clock, the number of people living in extreme poverty in Nigeria in 2019 was 77.9 million or 39 per cent of the population. By 2020, the number of people living in extreme poverty had jumped to 84.8 million, representing 41% of the population. In other words, at least 7 million Nigerians have been thrown into poverty in the last 12 months alone. And the World Bank confirmed it last Tuesday when it said that the high inflation rate caused by rise in prices of goods and services pushed seven million Nigerians below the poverty line in 2020 (22). Data based on World Data Lab's global poverty model indicates that 4.2 people are currently slipping into poverty every minute in Nigeria.

When one consider that Nigeria has the second highest burden of stunted children in the world, with a national prevalence rate of 32 percent of children under five and that an estimated 2 million children in Nigeria suffer from severe acute malnutrition (SAM) (23), then one wonders why a national emergency has not been called on the food inflation in Nigeria.

For all it's worth, we need to start now. This is not a political issue, food availability is a survival issue.

Pls add 08026719207.

If you love the Hyundai sonata 2009, pls go for it. It is a very good and reliable car, and is of course more recent than the Camry 2003 you are also considering. I use a sonata currently and I can tell you it's fuel economy is so excellent especially if you take good care of it. If you live in Lagos or Abuja, it makes access to parts even easier, though you can waybill needed parts no matter where you live in the country.
So if you are not afraid to be different, shun the Toyota fixation of most Nigerians and go for what you love. I have used both Toyota and Hyundai products, and i tell you for free, I prefer the Hyundai. Test drive one and also ask those using Hyundai around you for their experience.
The only snag is, for now, Toyota is easier to dispose when you want to move on to another ride.

Since a rifle was recovered and it had police imprint on it, efforts should be made to trace who the rifle was issued to.
It is no longer news that some crooked policemen rent out their guns to thieves for robbery operations.

Kudos sir to you and the team. This nation need more people like you and Mr Michael Taiwo. Together, you just changed a life, and perhaps generations for better. May the Lord bless you and all yours. You did humanity proud!

Jarus:
Happy to be part of this and on the 3-man scholarship interview panel that first discovered him.

We struggled to fight back tears while interviewing him - his condition despite his brilliance.

We thank God we got him here.

I really don't know what is behind your comments, were you paid or are they truly your convictions BUT what is certain is your lack of wisdom.
Someone once said our brains are like memory cards, they come in different capacities. While some have theirs in terabytes, you have yours unfortunately in mere kilobytes if not worse.
Just read what you wrote again and ask someone to give you a dirty slap.




.

SilverNorGold:
Which herdsmen again? The same herdsmen that have been evicted by Sunday Igboho? I don't understand.

That aside, I don't know why some Nigerians are making things difficult for themselves! If RUGA is the solution, why not embrace it? What is common land?

Yesterday, a young man approached me, demanding I cede my 10 hectares of land to him else I won't like what would follow. I pleaded with him, but he refused, insisting he needed the land for an undisclosed business. To avoid issues, I left the land for him - for peace to reign.

So you see? It's not worth it! If RUGA is the solution, let's accept it for peace to reign. Doesn't make any sense killing yourselves cos of grass..

Nigeria go better.

Thank you OP for these valuable information. Pls tell us how you went about the problem of herdsmen?
Also, are long grain rice farmed in Nigeria?
Waiting for your answer pls?

Well done OP. Quite enlightening.
But pls how was the urine collected?
Just being curious, how did you manage to collect the rabbit urine in such a volume large enough for sale?

Beautiful design sir. Truly appealing but I quite agree with @ganasy, you squeezed too much into that little space. For instance, look at how small the location and dining areas are. Space available for circulation is poor especially for a house that will house a family. I think, 3 bedroom flat with all those niceties is too much for a half plot.
However, nice concept, well done sir.

Gabrokpara001:


Good evening, your observation is quite interesting. A 3 bedroom bungalow ( all ensuite) with standard size bedrooms ( plus additional space for wardrobes), all rooms well ventilated with a sizeable kitchen and store in a 60 x 60 ft land yet you say my use of space is poor?

I pity you. You seem to confuse money with wisdom or success. A man's financial worth can never be a measure of whether being gay is right or wrong.
Indeed, some people are so poor that all that they truly have is money.
SMH.

Discombulator:

Tim cook is a billionaire in dollars and he's gay
Armani is a billionaire in dollars and he's gay
CEO of PayPal is a billionaire and he's gay
Hughes the co founder of Facebook is gay
Founder of DreamWorks one of the biggest studio in the world is gay
Jason the managing director of IBM a multi billion dollar investment is gay
David Geffen is a billionaire in dollars he's gay ...
The list is endless. If you use any of their products you're an hypocritical bastard.
You'll never have even 1% of their wealth,isn't it foolish to question the lifestyle of people that are a thousand times more successful than you.
Finally I pray you won't ever have people like this in your family line in jesus name

Your handle is God writes. But I wonder if you have checked what the word of God, the Bible says about homosexualism - gay, Les, etc. Why don't we just excuse the paedophiles too, they are attracted to children, then let's understand with the bestialism guys, they are attracted to animals, it's not their fault, that's just their makeup and while we are at it, let's reason with the rapists and those that derive sexual pleasure from inflicting pain on their victims, I have forgotten what word is reserved for them. And on and on, like that. So you see, once you leave the precincts of that the Lord permits for us, you are LOST, you just keep sinking into filth. The maker or designer of sex is God, it is His idea and His word, the Bible clearly spells out what is right and what is wrong and homosexualism is EVIL before Him, no matter what reasoning you may want to deploy.
May the Lord give you understanding.

GodWrites:


Lemme make it easy to understand.

The way you love girls, that's the way gays love boys.

I don't know if that's simple enough.

You didn't choose to be straight, the same way they didn't choose to be gay.

You hit puberty and discovered you like girls.

Gays, on the other hand, discovered that they have no atom of sexual attraction toward the opposite gender.

That doesn't mean they can't be friends with them, but romantically, NO.

That disgust you feel when you think of being with a man, is the same disgust they feel when they think of being with a woman.

Being straight, gay, lez, bi, and so on are purely mental.

But since we have millions of gays who didn't choose to be gay, what do you suggest they do?

To live the rest of their life in a mental institution while you enjoy what you deemed normal?

They deserve to live happily, and that entails being with the person they love, without fear of being bullied.

You can't marginalized a group because they are different. That's insensitive!

Live and let live.

I salute the brave men and women of the Nigeria armed forces and the Nigeria Police. Thank you for your service.
I refer to the sincere & brave ones, NOT the turncoats, the saboteurs, the undisciplined and criminal ones.

Pls let's encourage production and eating of our own rice. There are many brands that are very good, stone-free and even cheaper than the advertised 25,000 price of foreign rice. This advert for foreign rice should be discouraged. Let's do the right thing for a better tomorrow.

What is your best price? Which goat market is this in Benue? Can you waybill to Ibadan?

Good one OP. Quite enlightening and a blessing. You shall be watered back. Many thanks.