If state governments want to show that they care about farmers then it's not just about the Anchor Borrowers program (which is a good initiative from government).
beyond that, state governments need to be more involved with the Farmers.
They need to have representatives talking
to the farmers at all times, understanding what the challenges are from day-to-day,
How is the weather affecting them?
What are their needs?
How does the Government address their need for cash?
Sometimes they need money at specific times
For example, special occasions,
during festivities or when it's time for school fees, or for health facilities.
a lot of the time, state governments are running away from the responsibility of having to actually provide basic amenities for rural people which is why they just leave them alone.
If you leave them alone they will sell their goods to whoever gives them cash on time
and a lot of the time, you have these people that are export oriented coming to mop up the crops from them.
so if people like that come and give them cash they sell
to those who then export it outside to other countries, while food in the country is scarce and expensive
you can't blame anybody for it.
we need to hold state governments responsible
(this thread was done using voice to text and was edited afterwards)
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Bitter leaf is an indigenous African plant; which grows in most parts of sub-Saharan Africa
It is a very important protective food and useful for the maintenance of health and prevention & treatment of various diseases
Its chemical constituents
possess a potent anti-parasitic, anti-tumour, and bactericidal effect. bitter leaf is mainly employed as an agent in treating schistsomiasis, which is a disease caused by parasitic worms
Its also useful in the treatment of diarrhoea and general physical malaise
Remedies made from bitter leaf are used in treating several common ailments in sub- Saharan Africa, including fever, different kinds of intestine complaints, & parasite-induced diseases like malaria
Bitter leaf also helps to cleanse such vital organs of the body like the liver
Banks were (& are) the biggest obstacle to the full functionality of mobile money in Nigeria today
The biggest fear of banks is telcos being allowed to enter the field of banking
Telcos are already huge institutions.
Adding banking to their bottomline would make them bigger
than banks and thus make banks more susceptible to being taken over by telcos or their banking subsidiaries
Over the years, to neutralize the challenges posed by mobile money, banks adopted most of the mobile money innovations in use in other African countries
Mobile money is
a uniquely African innovation.
So Nigerian banks adopted USSD banking, agency banking, and POS terminals
All this made the Nigerian banking system appear very advanced (indeed it is compared to other more developed countries )
TSA, BVN and NIN took plenty of guts and steely resolve to pull through
The border closure leading to massive growth in the domestic price value chain was also another unpopular policy that eventually paid off just in the nick of time
The cashless policy spearheaded by the currency redesign is also another masterstroke (I admit I briefly lost focus of the objectives) that has taken his steely resolve to push through
Today he is hugely unpopular for this policy thrust, but I'm confident that we'll all come
round
Achieving the elusive cashless financial system has seemed like a chimera in Nigeria for over a decade
But as usual it has taken crisis to convince investors (telcos, fintech startups, etc) that the time is ripe to deploy resources towards this potentially huge niche