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1. There is about N3trillion earmarked for pharma, manufacturing, agriculture etc. 4 young guys who follow me have tried accessing funding. One of them just got delivery & installation of his rice mill about 2 weeks back. His output is 300 bags of 50kg rice per week. He will https://twitter.com/UPTown_NG/status/1329098663218524163
2. make a killing from now till February. A second one already has an existing mill, he got approval for N100m to take delivery of paddy rice to meet up with orders for the December rush. A third has gone through all the documentation process & is waiting for CBN to sign off.
3. While the fourth just had the bank visit his facility in Kano. The bank was impressed with what they say & have decided to increase their offer. The sad thing is, a tenth of the amount of money CBN has earmarked for intervention will never be accessed! Why? Nigerians have told
4. & convinced themselves that nothing works, they won't ask their banks/a consultant if they qualify & how to go about it. Most would prefer to stay on twitter to insult their mothers & father's while praying that America invades Nigeria. Katsina state is suffering from armed
5. bandits but the Chinese are there planting & supervising harvest of cotton fields. If you visit Dawanau international grain markets, Indians, Vietnamese, Chinese etc are buying metric tonnes of sorghum, sesame seeds, groundnuts for either shipping overseas or for use in their
6. Companies in Kano, Lagos, Kaduna, Ogun states etc. Immediately the lockdown was lifted, many Asians started finding their way into Nigeria. During the lockdown some paid a fortune to sneak in through our land borders. While some Nigerians are saying the country has failed,
7. some are working hard & making the system work for them. While Nigerians are screaming all over the internet about leaving for Canada, Indians & Thais who can no longer ship rice into Nigeria are setting up mills & FMCGs. The Chinese are aggressively looking for people who
8. want to buy milling machines now. That place you call hell, is another man's heaven. That place you throw your refuse is where another makes his wealth.
