Saturday, 22 October 2016

THE RISE OF DOLLAR : AN OPPORTUNITY IN DISGUISE

SAILING WITH THE WIND.

Somehow, in any conversation I have an opportunity to engage in that concerns the situation of Nigeria I keep seeing people point upwards.
It goes without saying that our leaders are what we call them.
Yet, one thing we fail to address is who we are.

It is not a lie that our leaders are stealing from us. It is also not a lie that we are using them as an excuse for all our shortcomings. How long before we blame our creator?
Because it is worthless pointing fingers without proffering solutions I'll spill out my volcanic emotions and very quickly forge a cross. No, an anchor. Whichever works for you.

An ideology can spring forth many ideas. This is why I'll share this with you and leave the rest of the imaginations to your curiosity and will to explore.

There are problems in the country that themselves open doors of opportunity.
There are problems that don't even need solutions, rather management. I'll give two examples.

I'll like to take credit for the quote "if you sail in the direction of the wind, you won't find it difficult as against the wind. Life favors those who take advantage of the hands of time."

Take for example, the rise of dollar against Naira (or in reality, the fall of Naira against every other currency) presents an enormous opportunity for those who will see and act.

The time an eagle spends soaring is resultant of its capacity to take advantage of the wind. Therefore, it preserves its energy and dares a long distance travel.

A family friend of mine had a side hustle which was the importation of wears from the US. She doesn't do it anymore since "dollar is expensive" and customers can barely afford the new rates of the stock.

What if she decided to start exporting materials that other countries are in need of yet is abundant here? A quick Google search will give you the information you need in that regard.

WHY IS THE RISE OF DOLLAR AN OPPORTUNITY?

We can see that buying dollar is expensive. On the other side of the trade, buying naira is cheap. I mean an American buying an item from a Nigerian would have an advantage of fair price. This means that even if we increase the price(to a certain percentage) of whatever we're selling to this buyer, he'll find it convenient to buy from us.

Feeding has become more expensive. Nigerians must eat no matter what happens. So would it hurt to go into farming? Crude oil is failing us because of the way our government has handled the treasury. Then again, must we wait for the government to farm for us? Must we wait for them to till the very soil we ourselves have neglected? I know someone whose father started buying and reselling yam from one state to several others and built two fuelling stations as well as sponsor all his children through there academic career.

I say you can only look as far as you can see, and you can only see as far as your scope can cover. If blur, change your vision, Buhari cannot help you do that. Even if Obama becomes the president of this country, some problems would remain and these problems are
there for the taking for only those who see the opportunity they conceive.
There is a blessing in disguise you're complaining about. Why not look at it from the other side?

Written by :
Tomiwa Abe

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