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Do you think the ban stamped by CBN on Naira to Crypto exchange will be reversed??

Good-Person

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I've even heard on the news how Nigerian government is using trillions of naira to service loans they have gotten in the past. The most annoying aspect is that what they have used this loan to do is not easily observed.

Well, I have also heard of my government offering loans to farmers. They claim that they offer interest-free loans. But I do not understand why would the government risk their money.
 

Sincerem

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Well, I have also heard of my government offering loans to farmers. They claim that they offer interest-free loans. But I do not understand why would the government risk their money.
I don't understand you, there is absolutely nothing wrong with the government offering loans to farmers . in normal case it shouldn't even be a loan but a grant to boost agricultural production in the country.
 

Good-Person

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I don't understand you, there is absolutely nothing wrong with the government offering loans to farmers . in normal case it shouldn't even be a loan but a grant to boost agricultural production in the country.

Well, actually, I was confused because I always wondered why the government would offer loans, but I think that you made a point. The "loans" offered by the government are actually seen as investments by the government. They "invest" money to boost productivity and then they start taxing farmers to gain tax revenues.
 

Sincerem

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Well, actually, I was confused because I always wondered why the government would offer loans, but I think that you made a point. The "loans" offered by the government are actually seen as investments by the government. They "invest" money to boost productivity and then they start taxing farmers to gain tax revenues.
The reason is because the government over here is not well organized . In advance country provisions are being made for farmers most especially commercial farmers to make sure that there is enough machines and necessary tools needed to improve agricultural productivity.
 

greenie

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These days, a number of businesses have entered the industry to reach out to consumers through various platforms. Hence it is important to understand the structure of the operations you want to use when starting your own online and offline business models.
 

GIFTMICHAEL

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From all indication , I think the Federal Government are not particularly interested in reversing the banned that have been imposed on cryptocurrency. Up till now we are not allowed to transact cryptocurrency in connection with our bank account.
 
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