Steemit to end financial hardship in africa: A case study of Nigeria

The current financial hardship in Nigeria is taken a toll in every sectors in the country and the government has said in an open speech that Nigerians should endure a little more.

There is an increase in price in almost all commodities in the markets there by making life to be difficult for the common men in Nigeria.

I was in the yesterday to get some stuffs for my self when i over head some market women lamenting that there is nothing one can buy in the market again even an ordinary lynon bag to put tomatoes and pepper at the marker now cost 20# instead of 10#.

The financial crisis going on is spreading around the world not just Nigeria.

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Here in Benue state Nigeria do u know that the state government refuse to pay workers salaries for the past eleven(11) months now. At the moment there is an industrial strike now in Benue state Nigeria because the state government refuse to pay their salaries for 11 months now.

Apart from Benue state the whole federation has been experiencing financial issues due to many factors i e drop in oil price, looting of public funds.

Generally the reduction of oil price world wide has greatee effects in countries that their sole revenue is base on oil.

A statement i made on this issues of in nigeria is tha oil price crash has been so we need to adjust and redirect the economy in the path of gowth instead the economy is sliding into deeper crisis indicating the structural and financial weakness to country Nigeria.

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Another respons to this financial issues in Nigeria ::: its a difficult time for Nigeria but i think steemit and cryptocurrency will help us out from this situation.

From this shot reviem i made today its vert clear that the country at large is facing financial crisis let me use this viem to explain the meaning of steemit.

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Steemit is a social new service which run a blogging and social networking website in top of a blogging data base know know as steem.

The service produce steem and steem dollar which are tradeable token users obatain for posting and discovering commenting on interesting content.
Source of steemit definition

I read a post by @teamaustralia i quit my full time job for cryptocurrency and steemit

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There are some things i understood from this guy@teamaustralia that he is quiting his job. I understood that he believe that cryptocurrency and steemit has great potentials in then future.

From my whole anaysis from steemit concerning the Nigeria financial crisis, steemit can actually end financial issues and unemployment for majority of the youth in Nigeria if only there is mass adoption of steemit in country were basically there is a very high rate of internet users in the country especially the young people.

Most times in steemit i spend more times Nigeria tag discovering bunch of Nigerians who are really earning huge in steemit better than most employed workers in different sectors of the country.

Lets make some instances steemians like @ehiboss, @gbenga, @stack ,@michealcj @tojukaka @destinysaid so numerous to mention are all earning an average of 400$ in a month if im wrong pls correct me. lets do some little statistics if we are to convert 400$ to Nigeria naira 1$ =360naira now let do the little maths 400$×360=148000naira thats a hunderd and forty eight thousand naira!!!! Let be honest how many %of the nigeria population who has a well paid job over 400$ in a month.

Steemit will end poverty soon.

@okoro