Akara, the Quiet Engine of NG’s Economy 🧵
1/ In the streets of NG city, the aroma of frying akara signals more than breakfast it is an economic resilience.
Informal businesses like these aren’t marginal; they are a of the economy amid formal sector constraints.
Been very busy onboarding a few client for @sendkyte .
Successfully onboarded one of Lagos biggest cloth vendor yesterday, and they did 68 shipments yesterday to different parts of the country.
https://t.co/TPhaS3GTzl
Akara, the Quiet Engine of NG’s Economy 🧵
1/ In the streets of NG city, the aroma of frying akara signals more than breakfast it is an economic resilience.
Informal businesses like these aren’t marginal; they are a of the economy amid formal sector constraints.
Akara, the Quiet Engine of NG’s Economy 🧵
1/ In the streets of NG city, the aroma of frying akara signals more than breakfast it is an economic resilience.
Informal businesses like these aren’t marginal; they are a of the economy amid formal sector constraints.
“I heard people talking about akara sellers. It is not only akara sellers. We are also supporting tomato sellers, maize sellers, vegetable sellers.”
- First Lady Remi Tinubu spoke yesterday while announcing a 100 million naira support package for 2,000 female petty traders in Jigawa State, with each trader getting 50,000 naira.
50k for one trader, in the name of empowerment 😢
Akara, the Quiet Engine of NG’s Economy 🧵
1/ In the streets of NG city, the aroma of frying akara signals more than breakfast it is an economic resilience.
Informal businesses like these aren’t marginal; they are a of the economy amid formal sector constraints.
10/True economic progress in Nigeria lies in recognising informal enterprises as vital partners. Supporting them like the wife of the president is doing can amplify their role as the true propeller of shared prosperity.
#NigerianEconomy#InformalSector
Akara, the Quiet Engine of NG’s Economy 🧵
1/ In the streets of NG city, the aroma of frying akara signals more than breakfast it is an economic resilience.
Informal businesses like these aren’t marginal; they are a of the economy amid formal sector constraints.
8/ From street vendors funding university degrees to clusters of micro-enterprises generating billions in turnover, informal businesses prove that Nigeria’s economic strength lies in its people’s ingenuity, not solely in boardrooms or oil wells.