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Nairaland Forum / Nairaland / General / Business / Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty (35014 Views)
Six Ways To Grow Entrepreneurship In Nigeria / Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa / Part 2. Entrepreneurship Is A Scam In Nigeria As Well As A Multiplier Of Poverty (2) (3) (4)
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Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 7:34am On Apr 21, 2016 |
My new write-up on nairaland, so hot DEFEATING UNEMPLOYMENT WITH REALISTIC JOB CREATION STRATEGIES |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 7:33am On Apr 23, 2016 |
Wow! Apt. This is the kind of information that policy makers should have in their hands. I don't know how else to approach this problem than the OP has explained here. I am thinking of making a platform available which will be like an open access journal where people with brilliant ideas like this can post them freely so that policy makers can access and have something to use if they lack the idea. I personally know the OP and I can testify to his passion on things like this. Nice one This is a comment from my latest post, 'eradicating mass unemployment with realistic job creation strategies' |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 9:11am On Apr 30, 2016 |
novodecipher: thanks, you got me |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Nobody: 9:49am On Apr 30, 2016 |
ITSaWRAPPP: You saw only invention what about improvements on existing products, how about expansion, how about innovation any of these things is what the op defined as entrepreneurship and I agree with him 1 Like 1 Share |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 9:06am On May 03, 2016 |
soulpeppersoup: Thanks, seems he intentionally avoided those points you highlighted. |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Artorius(m): 5:26pm On Jul 05, 2016 |
ITSaWRAPPP:Hello, how good are your suits? I guess they are awesome Will you be willing to make an international delivery? |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by mctowel01: 8:39am On Jul 29, 2016 |
freeman11:You deserve warm hugs gor this comment(no homo) Everyone can not be a business man. Its sickening as to the amount of manufacturing industries the govt would have started with the kind of funds they have used in these petty "poverty alleviation" schemes. Take for example, dunlop, the last tyre manufacturing company, closed down some years ago, people have lost their jobs to it with no hope. Now everyone imports tyres.. Why didn't the govt support and sustain it especially when it was showing signs of impending failure. They ll now give an ex worker keke napep to go about his daily life. Imagine!! |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 4:26pm On Aug 15, 2016 |
mctowel01: Thanks |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by sammyhaven: 6:06am On Sep 05, 2016 |
INVESTMENT AND MONEY MAKING OPPORTUNITIES IN CASSAVA Cassava is important food (consumer) and industrial crop, It also serve as source of income to the farmers, the brokers, companies as well as nations or countries. Nigeria is currently the largest producer of cassava in the world with an annual production of over 54 million metric tons (54,000,000MT). Cassava is largely consumed in many processed forms in Nigeria. It is used in the industry and livestock feed, particularly as import substitution becomes prominent in the industrial sector of the economy. Unlike other crops, cassava has diverse industrial uses like starch, cassava chips, ethanol etc. hence its demand is HIGH. The root can be made into various products which include flour, chips, ethanol, glucose syrup and bread to name a few. Such products are in high demand within Nigeria and have a potential within the export arena. With the current economic crisis, the price of the common food like beans, rice, etc are on the increase, so anyone venturing into cassava farming is sure of smiling to the bank, Cassava farming poses little threat when it comes to risks factors like drought and disease as we have varieties that are resistant to both. Unlike other crops that are tedious and hectic to maintain. So any investor investing in cassava is sure of his/her investment with interest As a food crop, cassava has some inherent characteristics which make it attractive, especially to the small scale farmers in Nigeria. First, it is rich in carbohydrates especially starch. Secondly, it is available all year round, making it preferable to other, more seasonal crops such as grains, peas and beans and other crops for food security. Compared to grains, cassava is more tolerant to low soil fertility and more resistant to drought, pests and diseases. Furthermore, its roots are storable in the ground for months after they mature. Industrial demand for cassava, there is a potential market for cassava products in animal feed, flour and starch industries, the main challenge of these industries is inadequate supply of cassava products, a weak link between industrial processors and producers of cassava products and therefore a preference for imported starch becomes an alternative. Government has seen that cassava can be used to produce different things like flour and sugar. For example, we are great consumers in Nigeria, we consume bread, garri, fufu etc so the government is pushing for cassava bread. The confectionaries import glucose which we can get from cassava. Other confectionaries can make use of cassava starch to make their products. Even in pharmaceutical it’s useful. It can be used to make ethanol. There are new projects aimed at increasing and improving the production of cassava and developing new ways to use the crop. Our government hopes to use agriculture as well mineral resources as a way to diversify the economy away from Brent crude. The government exports cassava chips also, this conversation started in the Olusegun Obasanjo regime. A significant produce of cassava is consumed in Nigeria. Cassava is perishable, from production you have 48 hours to dry it up completely if not it becomes completely useless and losses its value. From the farmers’ perspective, they will rather not harvest if they don’t have a buyer,” he added. This also makes farmers get processors that are closest to them so that the processor can dry the cassava a bit and they can continue with what they want to use it for so they don’t lose their produce and at the same time money invested in transporting.” Nigeria wants to focus on making use of cassava also as flour. This process requires availability of good processing plants which is not yet readily available. Steps are being taken to make these plants available for this process. To convert cassava to flour, not a lot of processing plants do that in Nigeria so government is trying to encourage people to set up plants to convert them to flour and also to starch. Some years back Nigeria had a few starch processing plants and I think almost all of them folded up for one reason or the other. It was either due to a lack of produce because of the distance the product had to be transported to get there and in the process a lot of produce is destroyed before it gets to them.”The challenge of industrialization within the cassava industry lies with the reducing costs of production and transformation. This will allow for the supply of cheaper processed products to desired quality and standards to markets. Government is working hard to making breweries and confectionaries to start introducing cassava products into their processes. The government is also working on getting better cassava seedlings. The seedling we have in Nigeria produce about 12-15 tons per hectare. Whereas smaller countries like Thailand are obtaining over 40-50 tons per hectare. With high yield cassava stem being distributed to the farmers all across the Country Nigerians farmers are now producing 30 tons per hectare. You can get this high yield cassava stem at IITA Ibadan. The government also introduce new fertilizers to boast cassava farming and production in Nigeria. Dear reader, why not Seize opportunities in cassava farming and business, let me sight an example When telecommunication companies came to Nigeria, I mean MTN, ECONET, some smart Nigerians took advantage and went into partnership with them way back then, today these people are still growing strong and enjoying the industry simply because they took advantage of the opportunities. There are divers business opportunities in cassava farming, production and processing. In life opportunities come in circles, when one miss them he or she has to wait until the circle is completed, that is why some opportunities come after some years. Not that they won't come but will certainly take a while for anyone to see such an opportunity again, opportunities acted upon at the right time equal to SUCCESS, we always say all we need is TIME, yes we are right, all we NEED is TIME so also all we HAVE is TIME, the universal currency is TIME, God has even everyone 24hrs/day, the same hours give to a person in America are the same hours given to you in Nigeria. Also the big difference between the RICH and the POOR is TIME. The rich act on opportunities at the right TIME but the poor act on opportunities at the wrong TIME and still expect result. Dear reader one idea acted upon is better than 20billion ideas not acted upon, Act on the opportunities available to you, there are so many income opportunities in agriculture that one can tap into and he or she will be making consistent if not weekly income. Remember, WHAT YOU DONT START DOES NOT GROW, see u @ d TOP SAM 08033702558 www.agrosupplyriches..com |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by gidjah(m): 9:32am On Sep 05, 2016 |
Ever since I went entrepreneurAL ....I have never chosen to look back. The beats will always go on for me.after many certifications and degrees ....one would have tough that that's the only way out but far far far....foul (according to y friend chief zubudaya of the masquerade! Doing business and taking risk pays ,just be focused,patient ,and be consistent...watch it grow and plan for new innovation. |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 7:36am On Sep 13, 2016 |
mctowel01: Thank you. You understand their scam. Entrepreneurship is two steps forward and five steps backward |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by mctowel01: 8:32am On Sep 13, 2016 |
oneolajire:Bris, if you can leave this country to start a proper life abroad.. Please do.. The foundations which hold the entity called Nigeria was shaky and alloyed with great tribalism and nepotism. I m talking from history. Don't think you are the first to complain, infact, some of our fathers have constructed more sound points and solutions.. What did it amount to? Even the newspapers reuben abati wrote for are now used to sell akara while reuben abati mischievously took up the government job. See, not to mince words, this country is hopeless. The only solution would have been to create a revolution. But there is no one voice as we are still divided religiously, ethically and tribally. Hence the effect is that most Nigerians have to gather some overwhelming amount of endurance and hope.. . And thats what keeps people going everyday. I guarantee that even if things get worse than it already is, most people will rather sow seeds, pray and fast in church than demand a solution. 1 Like |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 4:58pm On Sep 13, 2016 |
mctowel01: Lol Revolution Revolution! What kind of revolution? I only believe in intellectual revolution this time. Nigerians are difficult to trust for armed revolution cos once they collect envelopes, their melody will change. See the melody of the former Niger Delta militants who claims they were fighting for their people. What happened to their struggle after they were drawn to Abuja for envelopes and pipeline surveillance contracts? God will help us 1 Like |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by multipurpose: 12:24am On Apr 13, 2017 |
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Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by iseeicome: 5:14pm On Oct 29, 2017 |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 10:57am On Oct 30, 2017 |
iseeicome: See what entrepreneurship has turned you to. I opened your link but was so disappointed as the article is empty, not to talk of 3000 naira demanded to be paid for the complete material. You read mine for free, but you want me to pay you to read yours (or someone's else). Read the part 2 of mr article for free. https://www.nairaland.com/3102449/part-2-entrepreneurship-scam-nigeria 1 Like |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Nobody: 9:19pm On Jan 06, 2018 |
ourchoice: Lol like seriously, I'm absolutely sure as a "Mere Individual" You won't live to see the next day if u plan on embarking on this kind of project here In Nigeria!!! Your people would be the ones to tell Your Story. You don't really understand the word "Nigeria" 1 Like 1 Share |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 4:50pm On Jan 07, 2018 |
franzeezco: Hum, only God will help Nig |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by akanbiaa(m): 5:21pm On Feb 28, 2018 |
oneolajire:You are intelligent will like to know you more you can send me a Facebook message on www.facebook.com/akanbiabdullahi we need to discuss on ways we can prefer more practical solutions to the unemployment problem and I have my own personal experience and challenges to share with you, I don't want email spamming that's why I sent face book link. |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 9:05pm On Feb 28, 2018 |
akanbiaa: Alright, thanks |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Saverin: 8:51am On Mar 01, 2018 |
ourchoice: 1 Like |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by syspro77: 8:06am On Apr 18, 2019 |
ITSaWRAPPP:I am an Ingenier and I don't share your line of thought! |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 12:52pm On May 05, 2019 |
syspro77: Kindly share your thought |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by syspro77: 5:18pm On May 21, 2019 |
oneolajire:Our major problem is because we make less use of our Ingeniers. 'Ingenier' means "Brainworker" but when we employ Ingeniers we use them for handwork, instead of brainwork. If you can engage Ingeniers as brainworkers, they would assist you to navigate through some of the constraints that come the way of your business. |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by oneolajire(m): 8:40pm On May 21, 2019 |
syspro77: So how do we engage the "ingeniers" as brainworkers? Who will engage them? |
Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by syspro77: 9:27pm On Jun 26, 2019 |
oneolajire:Brainworkers are needed to define how the particular job must be done, as the situations are not always the same, to achieve the aim and avert consequences. As brainworkers; you dont carry hammer, chisel, and spanner with your brain but use it to determine how the handworker should use his tools. |
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