Before venturing into Sesame seed farming especially as an economic activity, it is necessary to understand the value and statistics of this agricultural activity. The sesame seeds are mostly produced primary as a source of cooking oil. Sesame seeds are also roasted and taken solely, or mixed with groundnuts as a snack. The young leaves of sesame may be eaten in stews and its dried stem used as an ingredient in soap making.
Commercial, Sesame is used in a number of forms. It can be directly processing it into oil; used in pastes, meals, confectionery and bakery products; used as a good source of protein for animal feeds; its press is used for food enrichment of infant weaning; it is also used for medicinal purposes such as treatment of ulcers and burns.
Sesame is ranked second in terms of economic value in Nigeria with Cocoa being first. There are major companies that buy the harvested sesame seeds and export them. However, even with this being the case, the market is still predominantly traded by middlemen who tour the rural areas buying from the farmers. Sesame is then transported from the rural areas to towns; bulked up in stores and sold to agents of the major exporters.
Profitability is the end goal for any farmer looking at sesame farming as an economic activity. As a farmer, you have to ensure that you farm efficiently covering all direct and indirect costs and leaving a significant margin for profit. Entering the sesame farming is good enough but successfully remaining in the industry for long is even better.
Even with the demand of sesame increasing each year, farmers are still not fully reaping the benefits of their farming. Intermediaries eat a big chunk of the profit that is meant to be going to the farmers. To counter this, most countries are forming organizations and cooperatives to protect the interest of the farmers by helping them maximize profit and minimize costs.
Like any business, it is therefore crucial for you who is looking to join the farming industry for the long run, it is important to take account of all the fixed and variable costs that you will incur. This will help you determine the best prices for your produce that will meet your cost and leave a profit margin.
Death is inevitable, but it is always disheartening when a person killed himself or another person. Suicide occurs every day throughout the world, affecting the rich and the poor. From developed to developing countries, suicide rates are incredibly diverse with many reasons adduced for it. Six months to the end of this year, available statistics have shown that Lithuania, Russia, Guyana and South Korea have recorded significant numbers of suicide cases. In the Eastern Europe, Belarus, Suriname and Kazakhstan are leading the race. While the narrative on suicide rages on in those countries and others, suicide has been reported to be almost unheard of in Bahamas, Jamaica, Grenada, Barbados, Antigua and Barbuda.
In Africa, the story is not quite different as countries on the continent have their share of the global percent of suicide rates. Though, getting data on cases such as suicide incidents are difficult, the recent reports have further emphasised that suicide is real. For 2019, Nigeria is expected to have 9.5 of its 100,000 people committing suicide, while it would 11.6 in South Africa. Existing data also indicate that Ghana, Egypt and Kenya will have 5.4, 4 and 3.2 of 100,000 people committing suicide respectively.
Like other continents, suicide is considered a masculine behaviour, affecting mainly young males in recent years. For this year, 9.9 of the 100,000 expected to commit the offence are projected to be males, while females would be 9.2. In South Africa, it is 18.7 of the males and 4.7 for the females. When suicide cases occurred, hanging, poisoning, diving into rivers and the use of firearm have been recorded as preferred methods. However, the recent incidents where Sniper and Hypo were used have added a new narrative to the methods being used. The narrative has been both counter-narrative and alternative narrative. Some Nigerians believe that banning the two brands would reduce the rate of suicide in the country. To the public analysts and social workers, banning the brands is not the right solution to the problem.
Nigeria bans Sniper
Beyond the materials being used to commit the offence, governments, concerned stakeholders and individuals need to collaborate on developing workable plans towards addressing various socioeconomic challenges in the country. This articles leverage soft and hard data to understand specific trends shaping the suicide rates in Nigeria.
In Search of Happiness, Life Expectancy, Information about Suicide
Being happy and live long are the two things everyone wants. When the first one becomes elusive, depression begins, which has been discovered to be one of the factors contributing to suicide incidents. Having the second depends on the number of years God has recorded for individuals to spend on earth. Apart from this, the presence of the right facilities, especially medical ones, could increase people’s livability.
From 2015 to 2019 Nigeria’s average life expectancy has been 53.9 years, while global happiness ranking is 90.4. The lowest life expectancy and high score on the happiness ranking are pointers that Nigerians will not hesitate to seek for information on how to better their life. While doing this, attention could be shifted significantly to understanding happiness and life expectancy in the country in relation with other countries.
As the media continue reporting suicide cases across the country, from January to June, 2019, analysis indicates that people in Taraba, Akwa Ibom, Borno, Katsina and Plateau have sought knowledge about happiness than any other state in the country, using the Internet. Osun, Enugu, Oyo, Edo and Lagos states, including Abuja are the places where people have searched about life expectancy, with a view of knowing the reasons behind the country’s status in the world and how governments could address the socioeconomic problems contributing to the decline life expectancy rate (in age). Data indicate that people in Bayelsa state only interested in understanding suicide. This could be linked to the high suicide cases reported in the south region of the country recently.
The search interests provide new data for understanding the suicide rates in the country. Leveraging this, analysis indicates that people’s interest about happiness from January to June, 2019 connects with the country’s 4 years and less than 5 months happiness ranking by 52.5%. The result is alarming, when the trending life expectancy was analysed along with the life expectancy. The trends and the real life expectancy in terms of age resonate by 68.7%. These insights have shown that people will continue to understand and seek for knowledge on the two issues based on the earlier information had through global and national reports.
Analysis further shows that a one percent increase in the people’s interest about suicide decreases interest about happiness by 0.8%. This is quite different for the life expectancy. Analysis reveals that one percent interest in understanding suicide increases interest about life expectancy by 1.7%. These results have established that when people do not possess what they want in life, suicide could be seen as an alternative. On the other hand, understanding the consequences of committing suicide and seeing governments’ efforts towards better living conditions could prevent people from committing suicide.
Key Forces Shaping the Trends
The key tool to achieving happiness and live long (as God wishes) is for people to meet and solve common needs and problems during specific periods. This cannot be attained absolutely without recourse to the right value system. To achieve the desired results, each one must be ready to participate actively and generously. Nigeria is a country with a lot of challenges that need collective solution mechanisms. However, the relationship between governments and citizens seem complex. Among the people, fostering strong relationships could be difficult when socioeconomic status becomes a key factor in initiating and building the relationships. In these situations, addressing social and economic problems leading to suicide would be difficult.
Using Nigeria’s national value scores, analysis reveals that people’s interest in knowing suicide links with the scores by 58%, while the interest about life expectancy connects with the scores by 28%. Over 33% of the interest about suicide was as a result of the scores, while 7.8% was recorded for the interest about life expectancy. Considering the interest about the life expectancy and the yearly status, analysis establishes that the scores facilitated the interest by 31.3%, while the yearly status connects with the scores by 56%.
What is at Stake?
From the data and further analysis, it is clear that both the trends and real data need to be used by the governments and other stakeholders to tame the suicide rates in the country. The linkage between the interest in understanding happiness and life expectancy with interest about suicide will continue in the next three months. It will dip in October and November and expect to increase in December, 2019. There is no doubt, suicide is not seen by governments as a public health problem which needs a national prevention strategy. Nigeria needs the strategy. The strategy must holistically address issues associated with older age, not married, low occupational group, depression, anxiety, somatic symptoms and disability.
The U.S. tech firms innovate at scale, now legally. Yes, they have figured out how to do business with Huawei, the Chinese company which was largely banned by the U.S. government. Intel, Micron, and others are shipping to Huawei. The fact is this: some U.S. tech IPs are held in tax-havens outside U.S. They can call those entities non-U.S. entities and legally do business with Huawei. Yes, they have thrown the laws back to the U.S. government – and saying, if you think I am breaking the law, sue me, and I will explain while this Irish company that holds our IP should not comply with the U.S. ban.
U.S. tech firms, such as chipmakers Micron and Intel, have decided there are legal ways to continue supplying Huawei, to an extent, despite the American blacklisting of the Chinese telecoms giant. The loophole? The U.S.-headquartered companies are able to classify their technology as foreign, thanks to their overseas subsidiaries and operations (Fortune)
Now, the U.S. government will have to sue Intel Ireland, not Intel Corp. since some of these subsidiaries are structured in ways that give them “loose” legal separations even though financially they are entwined. Provided Intel Ireland is complying with Irish laws, they have openings to work with Huawei while complying with the general U.S. Export Control rules. These companies are very confident as some have even started shipping to Huawei without clearance from U.S. firm.
American technology companies have resumed selling certain products to Huawei Technologies Co. after concluding there are legal ways to work with the Chinese telecom giant in spite of its inclusion on a Trump Administration blacklist.
Micron Technology Inc., the largest U.S. maker of computer memory chips, said on Tuesday that it had started shipping some components to Huawei after its lawyers studied export restrictions. Intel Corp., the largest microprocessor maker, has also begun selling to Huawei again, according to a person familiar with the matter. It’s not clear how many other suppliers have reached the same conclusion.
The lesson is this: when you make rules, typically by say 10-15 people, expect a factor of 10 lawyers figuring out how to get around the rules. It seems the brilliant American lawyers have figured out Trump Administration ban on some Chinese companies. You cannot stand between American companies and more U.S. dollars.
I get this question a lot; let me just address it here: “which books influenced you?”, “share your all-time great books”, “which books can you recommend to me”, or things in that line.
This is my expanded answer: Largely, I cannot say any book influenced me except of course the Bible. I do not have time to read books these days. I prefer magazines (Forbes U.S., Economist, Fortune and Bloomberg Businessweek). I have maintained their subscriptions for years; typically, I read them when I am traveling if time will not permit.
But on books, except The Richest Man in Babylon which Diamond Bank gave me as a gift in training school, nothing really that much. My biggest exposition was reading more than 50% of African Writers Series, from Things Fall Apart to as many as I could lay my hands while in secondary school.
In short, Things Fall Apart was used to rig our minds to go to secondary school in my village: those days the teacher will tell you the story of Nwoye’s mother and a little bit of Ikemefuna. You would like to know more … but he would stop, telling you that if you want to know the rest of the story, you must sign-up for common entrance to go to secondary school. The next day, sales of common entrance forms will begin and because of the quest of knowing what happened in the remaining part of the story, everyone will buy the form.
Then, once you get to secondary school, you will get a copy of Things Fall Apart from a local merchant. Abia State has 94% literacy rate (NBS data); Ovim, my village has 99% because everyone goes to school. I am not sure if anything motivated me going to secondary school than knowing the concluding part of the story in Day By Day Book 6 where they told the half story of Nwonye’s mother and Ikemefuna.
That said, I cannot lay hands on any book as being influential but I must note that the Richest Man in Babylon and Acres of Diamonds were impactful along with life cases of the African Writers Series. While in the university, I enjoyed Chinua Achebe’s Okike – an African journal of new writing – and proceedings of Ahiajoku lectures. An in-law had packed many editions of Okike, and I indulged on them. Achebe’s Okike was impactful as I began university education reading the series.
More so, I did read “A Woman’s Temptation” and “Beyond Pardon” by Bertha M. Clay; I consider those among great foreign novels that I enjoyed in secondary school.
Of course, you can read mine – Africa’s Sankofa Innovation (paperback and kindle or online).
IT can sometimes feel like a necessary evil if you’re a decision maker in a business. Without it, you’d have no business at all – but the structure that it provides comes at significant cost.
The truth is, IT is far more than just a necessary evil – but, if you want to make the most from tech, you need to be willing to explore what it can do for you – rather than how you can best work around the limitations that your spend or experience put on your company.
You don’t have to break the bank to make IT work for you, instead, you’ve just got to explore the options and find the smartest way of working…
Hosted telephones
Generally speaking, the human part of any IT process is the most insecure and inefficient; if you needed proof, a recent study discovered that around 59% of downtime is due to human factors. Compared to computers, we’re slow, and we make random errors – which is exactly why hosted telephone systems stand to revolutionise the efficiency that we get from both our computers and our staff.
A hosted telephone system does away with the need for copper line technology and exchanges – instead using your IT network and Voice over IP tech. As a result, phones become input devices with which your customers can directly interact with your systems – safely of course.
If you spend a lot of time on the phone to your customers, hosted phone services may be able to automate a lot of what you do. From automated card payment services that your customers can connect with without the need to engage staff, to auto-transcription services that will prevent the need for your team to spend a long time inputting details into a CRM system – hosted phones don’t just unlock time for your staff, they’re often far cheaper than there less-sophisticated predecessors.
SD WAN
Software-Defined Wide Area Networking (SD WAN for short) is a revolutionary new kind of network component that lets you control your business IT infrastructure without necessarily having to get an engineer to roll their sleeves up.
Traditionally, devices require some element of engineer contact to operate – whether that’s adjusting physical switches or simply reorganising connections and layout. An SD WAN system is a software overlay that operates as an additional layer to your infrastructure, providing a portal that allows you to adjust settings on virtually every networked device from anywhere you can get online access.
The result? Well, since you or your IT team can virtually get ‘hands on’ with your network from anywhere in the world, SD WAN opens up a world of possibility relating to your location, your network locations, and bringing additional services online quickly – expanding the possibilities of what’s feasible for your company.
Effective collaboration
A recent study into collaboration discovered something surprising. While we might expect to work better as part of a team if we’re in an office with those other people, the opposite is actually true – we are found to work more effectively as part of a team if we’re collaborating remotely – with individuals becoming up to 10% more effective.
This is an exciting revelation – since it increases staff working flexibility – especially for businesses who offer work from home positions or work with freelancers and contractors making up part of their workforce.
In day gone by, we had to rely on licences to unlock the software we wanted to use. Microsoft was a big player in the licence game – if you bought workstations for your team, you then had to follow that up with thousands of dollars of ‘keys’ – passwords that would allow you to unlock and access the Office suite.
Cloud computing has changed this model – and, thanks to these changes, even small businesses can get onboard with high-quality software for a fraction of the overall price. How does it work? Well, the model is called Software as a Service (SaaS) – and it’s essentially a subscription service that gives you access to the programs you want as long as you’re paying the monthly rate.
The real beauty of SaaS is the agility it gives your IT set up. Expanding and taking on more people? Simply add them as users to the package you currently pay for. If money’s tight and you need to scale things back a little – just cut down on the amount of users you have – or reduce the access they have to certain applications.
There’s no right way or wrong way to handle SaaS – instead, you get the flexibility to make the applications that underpin your team’s day work for your business.
Customer relationship management
Many companies don’t use a CRM (customer relationship management) tool – but, when you understand quite how powerful they can be, it seems extremely short-sighted that anyone would pass up the opportunities they make possible.
A CRM system essentially logs every opportunity your business sees – then tracks them through their full lifecycle. Typically, a CRM will have ways of interrogating your customer data, so you’ll be able to find opportunities that are yet to convert, existing customers, previous customers, customers who are in the process of ordering – and so forth. You can adapt a good CRM to meet your needs and reflect your workflows perfectly – so they become second nature for you team to use.
In 2018, a study into the use of CRM systems showed that they can improve conversions rates by up to 300%; reduce lead generation costs by almost 25%, and up customer satisfaction levels by over 75%. Since an online CRM system is likely to cost you just a few dollars per user each month, it could represent the kind of ROI that you simply will not see anywhere else.
