OriOko88:

I always give it to these western Media. Their reports about Nigeria is always apt and on point. Asif they reside in Nigeria. Cmon

The woman from new York times personally came to Kano and interviewed Mr Rabiu Biyora about these minings, I am witness. So it shows that they move round the country and see it for themselves before publishing a reporte.

System202:


The woman from new York times personally came to Kano and interviewed Mr Rabiu Biyora about these minings, I am witness. So it shows that they move round the country and see it for themselves before publishing a reporte.

crypto mining too is cursed by abject poverty

Omo! See as them dey see us


A nation of entrepreneurs, Nigeria’s more than 200 million citizens are skilled at managing in tough circumstances, without the services states usually provide. They generate their own electricity and source their own water. They take up arms and defend their communities when the armed forces cannot. They negotiate with kidnappers when family members are abducted.

But right now, their resourcefulness is being stretched to the limit..

I saw the article when I was reading about the surge in apple stock prices.

Nigerians should be protesting but they are too hungry, busy looking for food

This is the unfortunate reality not the drug induced hallucinations clowns like legendhero and helinues type in defense of this nonsensical government

WhiteWood:


I don't know why The New York Times still exists

..why didn't you finished school so you could become a graduate at least?

Remman:
Facts

haha you have time to read that novel above

mrvitalis:
My fear is not even that we are in economic turmoil
The real fear is APC and majority of Nigeria don't even understand the problem

Take out corruption and nepotism APC economic theory is primitive and can't work

The idea of borrow money to build infrastructure in a nation thats struggling to make revenue to run government and pay debt is crazy

For the ordinary people it's like a man who's salary is not enough to run his household then same man borrows money to buy car build house in his village and buys dstv.. All this increases his monthly expenses without increasing revenue... Does that make any sense? What APC is doing is worse even

Aptly put

SwissMass:
Be optimistic, don't let bitterness take better part of you because baba disgraced and defeated the religious war daddy, bitter grieving obi, cool down , God is on the throne, it shall be well

Stop spamming the thread with your stupidity. No one is going to engage you on your derailing stupidity.

Go away and open another thread to cry over your stupidity on the past election, no one cares .

😄😄😄😄

Darianboy4u:
Nigeria Confronts Worst Economic Crisis in a Generation

People in Africa’s most populous nation are suffering as the price of food, fuel and medicine has skyrocketed out of reach for many.

A woman suffering from hypocalcemia, caused by a lack of calcium, in a hospital in Nigeria. Food prices have shot up and Nigerians are not eating enough.

By Ruth Maclean and Ismail Auwal
Photographs by Taiwo Aina
Reporting from Kano, Nigeria’s second-largest city
.
Nigeria is facing its worst economic crisis in decades, with skyrocketing inflation, a national currency in free-fall and millions of people struggling to buy food. Only two years ago Africa’s biggest economy, Nigeria is projected to drop to fourth place this year.

The pain is widespread. Unions strike to protest salaries of around $20 a month. People die in stampedes, desperate for free sacks of rice. Hospitals are overrun with women wracked by spasms from calcium deficiencies.

The crisis is largely believed to be rooted in two major changes implemented by a president elected 15 months ago: the partial removal of fuel subsidies and the floating of the currency, which together have caused major price rises.

A nation of entrepreneurs, Nigeria’s more than 200 million citizens are skilled at managing in tough circumstances, without the services states usually provide. They generate their own electricity and source their own water. They take up arms and defend their communities when the armed forces cannot. They negotiate with kidnappers when family members are abducted.

But right now, their resourcefulness is being stretched to the limit..


By The New York Times
No Money for Milk
On a recent morning in a corner of the biggest emergency room in northern Nigeria, three women were convulsing in painful spasms, unable to speak. Each year, the E.R. at Murtala Muhammed Specialist Hospital in Kano, Nigeria’s second-largest city, received one or two cases of hypocalcemia caused by malnutrition, said Salisu Garba, a kindly health worker who hurried from bed to bed, ward to ward.

Now, with many unable to afford food, the hospital sees multiple cases every day.

Mr. Garba was sizing up the women’s husbands. Which source of nutrition he recommended depended on what he thought they could afford. Baobab leaves or tiger nuts for the poor; boiled-up bones for the slightly better off. He laughed at the suggestion that anyone could afford milk.

Salisu Garba, a community health worker, treating patients at a hospital in Kano, Nigeria’s second largest city, last month.
More than 87 million people in Nigeria, Africa’s most populous country, live below the poverty line — the world’s second-largest poor population after India, a country seven times its size. And punishing inflation means poverty rates are expected to rise still further this year and next, according to the World Bank.

Last week, unions shut down hospitals, courts, schools, airports and even the country’s Parliament, striking in an attempt to force the government to increase the monthly salary of $20 it pays its lowest workers.

But over 92 percent of working-age Nigerians are in the informal sector, where there are no wages, and no unions to fight for them.

For the Afolabi family in Ibadan, in southwestern Nigeria, the descent into poverty started in January with the loss of an electric tuk-tuk taxi.

Forced to sell the taxi to pay his wife’s hospital bills after the difficult birth of their second child, Babatunde Afolabi turned to occasional construction work. It paid badly, but the family managed.

“We had no thoughts about starvation,” he said.

Patients wait to be seen at the Murtala Muhammad General Hospital. The crowds are thinner than they used to be, as many can no longer afford the bus fare.
But then, he said, cassava — the cheapest staple in many parts of Nigeria — tripled in price.

All they can afford now, he said, is a few biscuits, a little bread, and for their 6-year-old, 20 peanuts a day.

A Country Built on Gas
Nigeria is a country heavily dependent on imported petroleum products, despite being a major oil producer. After years of underinvestment and mismanagement, its state refineries produce hardly any gasoline.

For decades, the national soundtrack has been the hum of small generators, fired up during daily power outages. Petroleum products move goods and people around the country.

Until recently, the government subsidized that petroleum, to the tune of billions of dollars a year.

Many Nigerians said the subsidy was the only useful contribution from a neglectful and predatory government. Successive presidents have pledged to remove the subsidy, which drains a hefty chunk of government revenue — and later backtracked fearing mass unrest.

Nigeria is a country that runs on imported gasoline, which the government has long subsidized to the tune of billions of dollars a year.
Bola Tinubu, who was elected Nigeria’s president last year, initially followed through.

“It was a necessary action for my country not to go bankrupt,” Mr. Tinubu said in April, at a meeting of the World Economic Forum in Saudi Arabia.

Instead, many Nigerians are going bankrupt — or working multiple jobs to stay afloat.

Mr. Garba, the hospital worker, used to be solidly middle class, even though 17 family members, including 12 children, depended on him.

After shifts at the hospital, where he is setting up the first statewide ambulance service in addition to working in the emergency room, for which he is paid $150 a month, he heads to the Red Cross. There he occasionally receives a $3.30 volunteer stipend for helping tackle a severe diphtheria outbreak.

At night, he works at the pharmacy that he and a colleague set up. But few people have money for medicine anymore. He sells about $7 worth of medication per day.

Last year, Mr. Garba sold his car when the gas subsidies were removed, and now takes a tuk-tuk to work. Unable to power the generator, he reads medicine labels at the pharmacy by the light of a small solar lantern. He can only afford to buy rice and cassava in small quantities.

Life under the previous government was very expensive, he said, but nothing like today.

“It’s very, very bad,” he said.

It’s gotten so dire that there have been several deadly stampedes for free or discounted rice distributed by the government — including one in March at a university in the central state of Nasarawa where seven students were killed.

The vast majority of Nigerians work in the informal sector, with no salaries, unions, or safety net. And because of skyrocketing inflation, many can no longer afford basics, like food.
Mr. Tinubu promised to create a million jobs and quadruple the size of the economy within a decade, but has not said how. The International Monetary Fund said last month the state has started subsidizing fuel and electricity again — though the government has not acknowledged this.

“There’s still very little clarity — if any — on where the economy is headed, what the priorities are,” said Zainab Usman, a political economist and director of the Africa Program at the Carnegie Endowment for International Peace.

The Tapping Craze
A spate of new crypto-mining games that promise to generate income the more the user plays has people across Nigeria spending all day tapping on their smartphone screens, desperate to earn a few dollars.

People tap as they pray, in mosques and churches. Children tap under desks at school. Mourners tap at funerals.

Many Nigerians desperately hope that hours spent tapping on smartphone cryptocurrency apps will eventually earn them a bit of cash. One man, Rabiu Biyora, says he made millions of naira this way.
There’s no guarantee any of them will ever benefit from the hours they put in mindlessly tapping.

Then again, they can’t count on the national currency, the naira.

The government has twice devalued the naira in the past year, trying to enable it to float more freely and attract foreign investment. The upshot: It’s lost nearly 70 percent of its value against the dollar.

Nigeria cannot produce enough food for its growing population; food imports rise 11 percent annually. The currency devaluation caused those imports — already expensive because of high tariffs — to explode in price.

Nigerians can become paupers almost overnight. So they’re searching for anything that might hold its value — or ideally, get them rich.

“People are looking for me everywhere,” said Rabiu Biyora, the undisputed king of tapping in Kano, opening one of his five foldable phones to add to his 2.7 billion taps on the TapSwap app. “Not to attack me, but to collect something from me.”

A relaxed, businesslike 39-year-old followed everywhere by young tech-savvy acolytes, Mr. Biyora would only say that he made “over $10,000” from the previous tapping craze.

With the proceeds from his tapping, Rabiu Biyora is opening an office in Kano to promote and educate people on cryptocurrencies. Nigeria already has the world’s second highest cryptocurrency adoption rate.
He profits from everyone else’s taps, so he encourages them in posts on social media, and by providing free internet to anyone willing to sit outside his house. Nigerians don’t need much encouragement — despite the risks and volatility, Nigeria has the second highest cryptocurrency adoption rate in the world.

So every evening, struggling young men gather by Mr. Biyora’s home and tap.

Pleas for Help
In much of Nigeria, it’s normal to share with your neighbors and give alms to the poor.

Every day, people come to the gate of Kano’s Freedom Radio station to drop off sheets of paper containing heartfelt appeals for help paying medical bills or school fees, or to recover from some disaster.

A radio presenter chooses three to read out daily, and often a sympathetic listener calls in to pay the supplicant’s bill.

But lately the appeals have multiplied, and offers of help have dried up.

Good Samaritans used to come to the E.R. and pay strangers’ bills for them, Mr. Garba said. That rarely happens now either.

Still, Mr. Garba said, the number of patients coming to his hospital has almost halved in recent months.

Many of the sick never even make it. They can’t afford the 20-cent bus ride.

A presenter on Kano’s Freedom Radio station reads out petitioners’ requests for assistance. But these days, few listeners have the means to help.
Pius Adeleye contributed reporting from Ibadan, Nigeria.

Source:
https://nyti.ms/3VD0gIc

Edit the post too many off links and add an image or it won't get to front page.

Whenever you create topic try to take time to clean it up .

abba190:
my sister died of hypocalcemia (lack of calcium) 6weeks ago. may she rest in peace Nigeria is a bad destiny

I am sorry for your loss
Nigeria failed her.

ShogunNoName:
..why didn't you finished school so you could become a graduate at least?

You... A total waste of air

ShogunNoName:


Edit the post too many off links and add an image or it won't get to front page.

Whenever you create topic try to take time to clean it up .

Okay. Well noted.

ShogunNoName:


Stop spamming the thread with your stupidity. No one is going to engage you on your derailing stupidity.

Go away and open another thread to cry over your stupidity on the past election, no one cares .

😄😄😄😄

Stop addressing strangers as if you are talking to your parents

SwissMass:
Stop addressing strangers as if you are talking to your parents

Stop exhibiting your unstable drug fueled rants publicly

How many times have they ever supported and reported anything positive about Nigeria or Africa ? Bleep them.

Blazebond:
How many times have they ever supported and reported anything positive about Nigeria or Africa ? Bleep them.

Idiotic mindset.
How many positives come out of africa? Or your thick cranium area feels they just concoct positive content to make people feel good?

When our entrepreneurs excel they report them. They report Dangote BUA and top business men positively. They even did for Obi the fraudster that year before he was busted for the fraud that sent him to US jail.

That is what enemies of Nigeria both within and outside want.. bad news so they can jubilate.
My own issue with the present Govt. is their lackadaisical and spiritless response towards rising fiod prices in the country.

They are shifting to CNG vehicles now which is commendable, but they need to do more and engage farmers to set up large farms with agro-processing facilities (of course subsidized by Govt ) across the 6 regions of the country.
We have massive land, why cant FG and States enter partnership with farmers to rapidly boost agriculture and check-mate food prices for good?. What business do they have subsidizing Hajj for pilgrims when the citizens are suffering?.
The misplaced priorities is what I will not support.

Mr Garba is a foolish man for having 12 children as dependents!

That said, OP, as there's still time: put the body of the entire article in between the quote feature. Something like this:

Mr Garba is a foolish man for having 12 children as dependents!

This is because should this thread make FP, most commentators will quote you, thus leading readers to quote the entire article needlessly.

ShogunNoName:


Stop exhibiting your unstable drug fueled rants publicly

You are really observant of your parents'

sweerychick:
if you like mention OBi in all your stupid emotions. The fact remain that Tinubu is worse than Buhari..

Learn how to speak with strangers, don't talk the same way you do with your parents

Hmnnn. See how they analyzed the country in the most unflattering ways.

Who could have believed during the Jonathan era that Nigeria would become this terrible today.

Helinues will have us vote him again.