Àwé Alágbo™ CAC-OFR Profile picture
Sep 23, 2020 5 tweets 2 min read Read on X
When you go into processing, you quickly realise the market has a price it will pay for your processed goods.

So its not just about buying raw materials from the market because their inadequate supply has made them expensive.
@ShoutsAndMiras

#Thread
Our labour intensive crop production in Nigeria makes our crop output expensive in price & poor in quality.

It limits what we can produce & makes it extremely expensive for large processors to produce for the market whose prices are mostly determined by imported finished goods
You realise you need a cheaper source of raw materials than what the open market (supplied by small holder farmers) can supply

This often leads processors into backward integration via direct or contract farming

We urgently need to ramp up crop production in Nigeria
We should focus less on waste, & more on increasing yields

Our small holder farmers experience such huge wastage because they lack resources to process their produce

Ramping up small scale processing capacity will help to drastically reduce the wastage and empower SH farmers
Increasing small scale processing capacity at the grassroots will drastically cut waste and empower farmers,

While improving yields and increasing mechanized crop production will drive down food costs in the medium and long term

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More from @sarnchos

Sep 14, 2023
Benefits of Bitter Leaf!

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 Image
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
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Feb 26, 2023
UNPOPULAR OPINION

As long as the model of governance in Lagos continues to be tilted towards coersion from the haves in favor of the politically connected,

the sentiment of injustice and entitlement from those who literally foot the bill will only continue to grow.

Lagos will
continue to be a magnet for trade due to its huge population and infrastructure aggregation

But as long as the politically unconnected yorubas continue not to feel a sense of belonging economically, the story will only continue to be the same

Lagos attracts those with capital
The bitter truth is that yorubas who accumulate wealth prefer to take it abroad instead of bringing it to Lagos

How many true wealth creators of the yoruba stock will prefer moving to Lagos compared to other ethnic nationalities?

How has Lagos empowered those without capital
Read 6 tweets
Feb 16, 2023
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 )

In reality it was like wearing lipstick on a pig
Read 9 tweets
Feb 14, 2023
I think history will be very kind to PMB

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
Read 5 tweets
Jan 13, 2023
The politics of meat is seared into the psyche of the average Yoruba male.

In the average home, one piece of meat denotes a boy who hasn't come of age, or a mature man who is not the man of the house

Even if he is married and in his own home, one piece of meat is a sign that he
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It doesn't matter how many pieces of meat the soup "disher" (usually the woman of the house) consumes.

A mark of respect in the home remains the number of pieces of meat in the man's plate
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3 pieces? He has met and exceeded his woman's expectations

4 and above? god mode!

Its not as if he will eat them all. He is free to dispense his patronage as hee likes.

Either to
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Jan 13, 2023
The "Tinubu aristocracy" is fearsome.

Young and bright individuals that have been groomed for decades by BAT for leadership of his business and political empire

They number in the hundreds (if not thousands).

Many schooled abroad even to PhD level

In fairness, Atiku also has
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So, in a sense, the late senior Yar'Adua will be the real victor in these elections

But more important is my initial
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I discovered a number of these young lads many years ago. A few of them via FB

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Like I said in earlier tweets, It takes too
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