WEBVTT

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Hey, folks, welcome to Money
Spaces with me, Kylo Aja. Welcome

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wherever you are listening from. My
name is Kylo Aja, and I'm glad

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to have you all here this evening. Today we are going to talk agriculture,

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technology and finance around the talk those
topics right, and we have guests

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today in the house. We have
the guys from AFFECTS, that's Nigeria's commodity

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exchange. They are here with us
and we are glad to have them.

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I'm going to just talk with them
about that intersection I've talken about a great

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tech and finance and they have a
Hackerton. So if you're on, if

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you're a tech guy, you know, tech babe out there you want to

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hang and and basically us listen to
what you want to say. I think

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you will find it very interesting.
So my pleasure to welcome as Tamila,

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she's here already. I'm expecting Michael
Martins as well as I want to own

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Mutan see Hi to the folks somewhere. Yes, of course, Hi everyone.

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Hi, how are you doing?
I'm doing fun? Thank you,

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Happy Sunday. It's great to be
here, great, great, great,

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good to have you here as well. That Michael, before we go,

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it's affects oh afex a fact.
Thanks, gotta get my vowels right afex

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I here yeah, r no words, affects going forwards, no worries.

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Yeah, all right, So welcome
to the show we talk here. It's

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gonna be personal, financial, economy, and money, and we always want

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to make it personal. So everything
we still want to make break it down

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so that the folks can say,
how does this affect my wallet? That's

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especially what we're doing. So I'm
adding my cloud writing in here, so

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you can also introduce himself. But
let me just start with you, m

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Can you just about It's like he
does about effects? What do you guys

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do? Not to the casual observer, what do you guys do? What

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do you guys want to achieve?
In the penal? Just give us an

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intro? Okay, So UM for
the for the benefit of this UM Today's

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conversation and topic, UM, I
will just say that we operate as a

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commodities exchange. Amongst many other things. UM. We use UM we power

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and use different and several types of
initiatives UM and UH with technology and mind

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as well to create platforms that benefit
the entire commodities value chain, right,

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so from agriculture and everything in between
that has to facilitate like the growth of

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Africa's food systems and every and and
the likes right, So essentially to the

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casual observer. As you said,
m that was so essentially, you guys

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are like in the middle. I'm
a farmer and there's a buyer. You

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guys been sitting down middle and create
that a cost system. They make it

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work. If I want to do
holistic productive make it I like that,

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Yes, exacteen, certainly I like
that. All right, So I've got

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We've got you. We've got you
a co hosting here. Hi. You

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want to say Hi, mister Michael, Hi, call you Hi. After

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giving me everywhere, bat Michael love
me to be here? Great? Great,

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great, Michael. I'm was gonna
jump right, and I just ask

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you my questions, like how does
commodity exchanges, how do they help the

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economy? And how do they help
me as an investor? Right if right

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now with Nigeria inflations about three in
two percent, how can effects help me?

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And also how do they help the
economy? Hi? Call you?

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You know tex text and of that
of Qussure and it's it's I mean,

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it's a very neat qussure. It
might take a list bottling. So just

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just there with me as much,
right, um, you know, so

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like so, like Estra said at
the beginning, right, we primarily started

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as an exchange. This is made
back then twenty twelve, And fundamentally the

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work of the exchange is to help
facilitate trade, right uh. And this

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is between you know, the suppliers
and commodities and and the bias and commodity

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and in between. That is where
we then also leverage um, you know,

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technology and then also different financial market
products to allow both retail and institutional

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investors also partake in the market.
So they act essentially a supplier. Um,

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they act essentially a supplier of capital
into the market in terms of how

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they exchange helps the economy. I'm
gonna use AFX as a you know,

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um, you know, I'm gonna
use AFX as a as a sample,

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as a sample exchange. So take
for example, we started it. Yeah,

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we started in the year twenty twelve
as a as a comodities to change.

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Fundamentally, we started that. The
question we were trying to address up

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the time was, you know,
how do we ease a conversion of the

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capital or two commodities and comodities back
into capital right when we startedding. But

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there was also a need to build
up the supply side of the market.

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My side of the market today is
largely small to find as the account for

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more than nineteen percent of today's total
agricultural production. And that's a post both

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grains and export commodities and basically every
other type of production that we have.

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So on one side, we helped
to build up that past market in terms

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of our ability to provide access to
imput, access to fertilizers, access to

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training. That's just one side of
the market, correct. The other side

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of the market is also where because
of our ability to build that that supply

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side via you know, part of
the market, and open up that market

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to buy us. Right. So
the process I was like you know,

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granterials like old, I'm just a
name drop a few essentially not have a

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story of different sellers that we can
buy at any good to time. But

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but in addition to all of that
is that this already normally happens in any

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giving in any given commodities market.
The advantage to exchange is that that entire

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you know, that entire process is
essentially standardized and formalized, right, and

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because it's formalized, that's where we
can then start introducing them. Say,

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you know, retail are smaller being
you know, smaller and I'm sorry retail

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and institutionally test us and it basically
difference between most of them is just upance

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capital to be able to buy.
Right. These people can then partake in

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the market in terms of being able
to buy commodity products like sport, contracts

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like it easy products like basic income
product that then also features products which essentially

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is just an abilue to make money
based off of the price in freential of

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commodities. And that's about how essentially
they have you know, that's how it

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essentially the argute and direct and sort
of also partake in the market. Yes,

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we help improve the whole property last
gave for small de farmers being the

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jure majority of supplies the market.
On the other side, we also have

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buyers who essentially buy smallest is a
process them to final products. Yeah,

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I mean basically nineteen eighties and ninety
and even all of us can stu to

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data to conflict and final products.
And that makes you know, those products

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is essentially cheaper. You know,
there's better quality, better quality, standardization

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and special nation. And then in
the middle of that is where you know

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you don't have the video players like
meta that we say that institution that's like

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yourself and myself. So for me, so for me, like how does

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it help me? Like if I
have money banks inflicient between two percent food

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in presutive four percent, can I
invest? How does it helped me?

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Yeah? So so so think about
the test. Maybe it currently can be

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used inflation and a world I mean, obviously it's the same way across you

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know, most contact of the world. Is that we take into account certain

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commodities or certain final products in that
food basket, and then we track their

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prices and how they've changed over time. That's what we call inflation. Right.

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What we need for what we need
for moost. People don't understand is

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that a lot of the raw materials
that is used in the final products I

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essentially commodities that are treated anything in
most the formal exchange commodity markets and also

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informal commodity markets, right, So
meaning that if I buy that raw material

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itself, whether I'm buying that directly
from the markets who I'm buying that through

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spot contracts, I'm able to protect
myself because essentially what the what the infection

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is measuring is the change that I've
already happened in the commodities market. I

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don't know if that makes sense,
right, So if I'm buying the commodity

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itself, I'm most I'm more or
less buying that commodity as an edge against

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inflation, meaning that whatsoever will translate
in inflation in the next month or two

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months or three months. What idea
I've already happened the the commodities market like

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before, So if I buy a
commodity today, the odds that I in

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that commodity goes or by ten to
said price. The price the finestic for

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example, based if I buy that
commodity today and posto by ten to said

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price, the price of complaints is
the eventual or you know, find a

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finished product can essentially go up by
five percent, but that will happen in

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the next two or three months.
I hope that. I hope that makes

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so. So I'm from running the
inflation if if I'm buying I'm buying it

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pre inflation, more or less so
before before it gets to food before the

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food goes up. I bought at
a low price, and I can say

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one inflation hits the markets, is
I want to hear exactly? So it's

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commodities are bought as a hedge against
inflation. That's how they is. You

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know, essentially the average person can
sort of take a badge the price.

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Men obviously inflicition taking to account way
more you know factors than you know.

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Compliments are just than just food prices
are commodity prices. But there is a

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ramical portion of the complication itself.
I hear excellent, okay, so I

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also hear and with what contooser?
I mean, that's a real quick firm

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get into the crypto matter. What
are the challenges right? I know farmers

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in my village and are happy.
We have a lot of cas server in

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the ground. We can get the
cas server to markets. And the guys

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in legals and a bar want to
garry and they don't have any garry.

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So that's that that from village to
city. What are the distinct challenges that

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you see? I mean, I
see logistics clearly. There are no roads

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like good rules in my village.
There's no trueing to take it to legal

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what do you see in terms of
the challenges around getting food from where it's

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going, the party from KB to
legals, the castle from my Literally what

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do you see? Oh do you
want to think that? Yes? Yes,

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because yes, because this is very
much I would say a cultural issue,

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right. The things that people know
is what it's going to determine the

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actions that they take. Um,
Like you said, the farmers in your

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village, there's a chance, a
high chance that they do not have the

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knowledge of, you know, things
like the necessary data they need to make

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the right decisions regarding how they take
actions on your farm cositions buy more of

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their SI, less of this like
logistics, as you said, taking things

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from your village due to things and
situations like badge roles and everything else in

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between. And then when they actually
get to the market, being able to

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negotiate the best prices for their commodities
to continue to grow or develop their businesses

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or their family practices. So that's
where we come in between as well,

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because while we're even trying to bridge
the gap between the farmers and the final

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consumers. Okay, this is processes
included, manufacturers included. We also have

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to in factor in creating platform that
facilities that help these farmers understand and everybody

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have consistent communication among among the values. So everybody who's a player as a

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value team has a consistent communication between
each other rights. So yeah, so

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we create facilities, we promote or
we try to or into incubate systems or

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solutions like that. And that's where
you know we could cash for comes in

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that I had to do. One
comes it in peace financing and this person

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and programs, that's where they come
in. So UM, yes, So

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the so this is it, let's
talk to me about that. Talk to

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me about the hat. I don't
have a passion knowledge of it. What's

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it about? What is it trying
to do? Just talk to me about

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that. Okay, So UM,
I can talk about the agg hackathon without

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talking about called cash group. Coldsh
Crop is the platform that we've created to

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personally take conversations between every player or
every key stakeholder in the agriculture and managing

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right. So this is from farmers
to UM the technologist to everyone who is

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in UM whatever business then somehow,
some way please within the vanuaging right.

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So by facilitating these conversations, we're
talking about it. After talking once the

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next step, we have to create
solutions problem because we can talk and talk

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and talk and keep talking. Where
we are those solutions? Um you know?

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So yes, the agg hackaton then
comes into play at that point when

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we into incubation solutions from the general
public of course, people who have great

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or some innovative ideas setting there there, suggestions, their ideas, their proposals,

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and in the air part of something
that actually drives change, positive change,

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you know in our fron systems.
No, that's the top, but

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you get get the work done.
Or we moved from this diversification. Every

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year since I was born, the
government wants to diversify into agriculture every year,

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and somehow every year ends with food
being more expensive on the past year.

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So I'm really hoping that we can
maybe here do that tech a Greek

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finance. There's a synergy there and
I want us to crack it. Right.

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Let me go back to Michael.
Michael, so just what me,

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what are the drivers are in terms
of pricing of communitive markets And let me

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ask my question like this. The
new president has says going to be a

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minimum pricing for agriculture for our products, he said in an operation. That

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means that for instance, farmers that
maybe find paddy rice, the government will

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put a flaw underneath them. It's
not a new novel idea, but government

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will basically guarantee you a price,
so if you grow your crops you can

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sell at this minimum price. How
does that play into a free market,

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like a market driven pricing framework that
I know that the effects and the comic

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change is basically trying to create.
Does it this s thought? Does it

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help if I'd invest in paddy rice? Does that create a flaw for me

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on a free market for the demand
and supply? Can you just walk me

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around that um title of call you
um so to be honest, right,

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Um, it's kind of like,
you know, we're trying to bundle.

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We're going to try and bundle the
pressure into is a really different parts you

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know one of the key you know
one are the key drivers of commodity prices?

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Yeah, anyvenoit markets. Secondly,
is also that the new unity to

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of the new government and the administration
more than the implications of that of the

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market, and how does that translate
into some of the investments in some of

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the products that we do have an
exchange today in terms of returning investment for

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the average individual. Right. Um. The first is so typically for any

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commodity, right, the first thing
that you know, sort of determining the

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quodity price itself is its own you
know, attendance, supply and demand,

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right And obviously by the law of
economics that that is pretty much straightforward.

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But exacinly have more supply the demand, which is typically we have UM for

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most of the grades that we trained
on the exchange today in the fourth quarter

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of them, which is where they
are harvest There crises tend to you know,

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prices tend too, I mean,
prices tend to be low essentially and

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essentially over the colt to the quarta
that volume diminishes, I think the out

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way more demand that supply, our
prices tend to rise. Tecndly is also

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your have currency movements, right,
So these largely plays export commodities that have

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international prices from sure, right,
So if your currency it gets the valued,

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uh, you know, if your
currency gets the valued, the price

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of par commodity goes up. And
if your commodity, if your currency gets

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over valued in the manner of speaking, your your currency of your commodity also

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in the value UM. There will
also be like you mentioned before, you

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know the cost of transporting those commodities
of areas where they produce the areas where

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they're antiquated. In two So if
you use the Adrea as an example of

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today, most of the grains that
we consume at the country to they are

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produced of north, either the northwest
or north eastern region, and most of

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that processing capacity is in the south
and part of the country. Reading that,

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there is a logistics element of moving
those commodities from the north where they're

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produced to the south where they're mosting
process and consumed. Right, So the

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transportation costs of moving those comodities is
incredibly important in determining the final price.

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And another purity will also impact moodity
prices to state in terms of driving the

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prices. Also, storage comes right, So in areas where you have huge

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storage called in the areas where you
have a very high storage capacity. Uh

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you know, then you know,
high storage capacity means that there is lu

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our storage costs and lo our storage
plastic beings. That's higher storage costs,

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right, and the average ware house
when I would charge you all the more

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when that part of that many competing
you know warehouses are available to you know

235
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available to the story your commodities.
Last, which I think is obviously not

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east is mother nature itself. Right, So whether climate climactic conditions can also

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varily affect the amount of volume that
is produced in any given commodities in which

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then SUBJCVA medium florence is the price
correct um. So this is in case

239
00:17:33.480 --> 00:17:37.200
or if you have you know a
lot of flooding in the verticular value chain,

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which is very common in the rice
value chain, that would impact the

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volume that is produced and then also
the subsequent um and then also the subsequent

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price of dark commodity at harvest or
over the cost of the entire commodities unit.

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Right, So those are something like
the biggest factors that drive commodity price

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in any given markets. Correct in
terms of the new initiative that the government

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is trying to institute it um,
they easier said than that. And the

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reason why I say that is because
if you look at the entire commodities bands

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keep in Africa today, commodity boards
are typically a typically it's the future across

248
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export commodities, mainly export commodities.
And there's a reason why that is is

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because you know, export commodities obviously
they have you know, um, they

250
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have a huge I mean they contribute
a huge value to the economy in terms

251
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of their pansy to attract for an
exchange learneys soredibly before times you know,

252
00:18:29.400 --> 00:18:33.119
to you each country that exports them. Secondly, is also that for export

253
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commodities, in comparison to grades or
state boards, the market is more organized

254
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and there's a tendency towards commercialization.
So it means that you have varies for

255
00:18:41.440 --> 00:18:45.279
a very small array of players,
conducing a significant portion of the house,

256
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and really that it's very easier to
control them as opposed to having you know,

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nine ten you know, you know, twelve million different smold Obama and

258
00:18:53.160 --> 00:18:59.079
you trying to control the price or
each you know, of each That's an

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00:18:59.119 --> 00:19:03.079
interesting take. Correct. Now,
with that being said, the implications of

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a commodity board essentially would be a
minimum price, and the reason why the

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government is trying to do that,
obviously is to try and transfer enough of

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the value of that commodity back to
this world of the farmer who is the

263
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director responsible producing them. On D
one correct is to say that today because

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of the lacket market, because of
the lack of lack of market infrastructure.

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The government is then trying to institute
a minimum price. So let's say,

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for example, base is produced at
a thousand tons at the media of the

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season, the government can institute a
minimum price and let's say one fifty thousand

268
00:19:34.119 --> 00:19:37.240
plan ton to make sure that the
farmer and this is just a sample of

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00:19:37.279 --> 00:19:40.839
exactly, this is just a sample, right, to make sure that the

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00:19:40.880 --> 00:19:44.920
farmer makes a proximity fifteen percent.
Now, the implication of this is that

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it will be incredibly more difficult for
exchanges to design financial products that will that

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00:19:49.839 --> 00:19:53.440
will guarantee any source of gain.
In a manner of speaking, how can

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00:19:53.519 --> 00:19:57.519
imagine that by the time that price
is fixed, the process or is on

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00:19:57.599 --> 00:20:02.559
the other end of that market,
it's not also incentified. Its incentivized rather

275
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to buy that commodity have that price. So it's insectivized incredibly to look for

276
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alternatives either directly in the local marketing
terms of struggling, either regionally in terms

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00:20:11.319 --> 00:20:15.640
of struggling in from other countries,
or either you know, importing directly from

278
00:20:15.680 --> 00:20:19.000
the lug. You know, and
of course I take it to account whatever

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00:20:19.279 --> 00:20:23.039
you know, the prevailing government with
what put about the prevailing government policy is

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on inputs right, um, that
incredibly being saying, you know, way

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more difficult. What is ideal correct
in any given market? What it's the

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saving way I should also I should
also say, is an open market that

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00:20:37.680 --> 00:20:41.039
produced it, you know, if
it's sort of fair and transferent pricing,

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and a market that is developed enough
to make sure that you know enough of

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00:20:45.759 --> 00:20:49.519
the value of enough of the value
of the commodity that is produced by smallti

286
00:20:49.519 --> 00:20:56.759
farmers, especially transferred back to death
today on the exchange with facilitate this through

287
00:20:56.880 --> 00:21:02.400
the storage infrastructure that we have.
Let me explain. If a farmer produces

288
00:21:02.440 --> 00:21:04.799
a you know, one term to
day most of the time because of the

289
00:21:04.920 --> 00:21:07.759
nature of it, you know,
so because because of the nature of your

290
00:21:07.759 --> 00:21:11.160
souciate eComics, he is forced to
sell up that volume on day one,

291
00:21:11.680 --> 00:21:15.920
whereas that same commodity can essentially move
from one hundred thousand to one pigeon thousand,

292
00:21:17.319 --> 00:21:23.039
but he doesn't capture any part of
that outside exchange currently facilitates that is

293
00:21:23.359 --> 00:21:27.559
value capture. For that's what all
the farmer today is to provide a you

294
00:21:27.640 --> 00:21:32.319
know, reputable storage infrastructure to say
dook, yes, I know you have

295
00:21:32.440 --> 00:21:33.839
a round, yes I then you
produced the term, but can you sell

296
00:21:33.880 --> 00:21:37.960
out rouple or five times a day
and keeps group five time to make sure

297
00:21:38.000 --> 00:21:41.880
that you can sell them off at
their higher price in the future. Who

298
00:21:41.920 --> 00:21:45.839
who owes the owstuff storage? The
farmer or apex who owes this top in

299
00:21:45.880 --> 00:21:52.039
storage user storage? Infer structure,
so typically w charge there is is a

300
00:21:52.160 --> 00:21:57.599
tide and an automatical basis for the
volume that is kept. Correct, that's

301
00:21:57.680 --> 00:22:03.920
fundamentally how they exchange currently helps and
transfer value back to this mode of FARMA

302
00:22:03.759 --> 00:22:07.640
and as opposed to what the government
is trying to do today and maybe at

303
00:22:07.640 --> 00:22:11.039
the end of the day we maybe
we may be able to find it involved

304
00:22:11.039 --> 00:22:15.559
in middle brand. The more advanced, the more slightly complicated elements involved in

305
00:22:15.599 --> 00:22:19.400
the transfer of that values what we
call futures prices to day derivatives right,

306
00:22:19.680 --> 00:22:22.680
which is basically to saying, yes, FARMA can produce that one time,

307
00:22:23.160 --> 00:22:26.200
but then you can sell that zero
point five times which he is to keep

308
00:22:26.200 --> 00:22:30.759
it. You can sell it touch
a forward future price that that doesn't currently

309
00:22:32.599 --> 00:22:36.799
doesn't currently exist in huge in huge
volumes to day of the market, and

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00:22:37.000 --> 00:22:40.000
we hope to be able to institute
that you know, over the over the

311
00:22:40.079 --> 00:22:44.880
course of the next governing months.
Those market mechanisms in comparisons to a government

312
00:22:45.000 --> 00:22:48.680
bought are far more efficient in comparison
to let's say, you know what what

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00:22:48.799 --> 00:22:52.680
the government is trying to do with
day today with regards to trying to fix

314
00:22:52.720 --> 00:22:56.480
the minimum prices for commodities. Actually, I hope I didn't lose you because

315
00:22:56.480 --> 00:23:03.279
that that definition at all. And
just what I what I get from there?

316
00:23:03.400 --> 00:23:06.440
Like is this right? If I
have cassaver in my village, I

317
00:23:06.519 --> 00:23:10.359
have a thousand tons of casaman village
because I have to sell it immediately,

318
00:23:11.200 --> 00:23:15.079
I sell it for ten thousand n
Era. When cassaver price goes up when

319
00:23:15.160 --> 00:23:21.400
the demand of harvest is over,
the guide advice from me gets the differential

320
00:23:21.519 --> 00:23:23.720
in price and it makes all the
money. But if I also take my

321
00:23:23.839 --> 00:23:27.599
cassaver to your warehouse and I keep
it there and I pay you rents in

322
00:23:27.720 --> 00:23:32.759
quote, right, I can keep
selling my cassaver throughout the year and I

323
00:23:32.880 --> 00:23:36.079
get more money. Right because I
now take that badge of okay, And

324
00:23:36.240 --> 00:23:38.720
the government is saying the governments on
side is saying, irrespected, what I

325
00:23:38.799 --> 00:23:44.920
sell my cassaver immediately, I'm gonna
get a minimum price. But you folks

326
00:23:44.920 --> 00:23:48.079
are doing the market side and saying
not one I'm gonna give me. Don't

327
00:23:48.160 --> 00:23:52.319
guarantee that you can sell throughout the
year, so you take an advantage of

328
00:23:52.519 --> 00:23:53.880
Okay, I get it, I
get it, make sense, I get

329
00:23:53.920 --> 00:23:59.160
it. Let me come to esther. We have this challenge, and again

330
00:23:59.319 --> 00:24:07.400
I like you to just like Michael
has talked about the challenge about the infrastructural

331
00:24:07.519 --> 00:24:11.119
storage. Yes, I'm not sure, let's start with the data challenge.

332
00:24:11.160 --> 00:24:15.599
You know, I read it what
you guys put up, walk me through

333
00:24:15.640 --> 00:24:18.680
with, give me the problem,
tell what you guys want to solve,

334
00:24:18.880 --> 00:24:22.680
and what you want let's do it
that with I'm even want to do all

335
00:24:22.759 --> 00:24:25.160
three at once, or if you
want to take it one or to the

336
00:24:25.240 --> 00:24:29.480
other, it's your call. Okay, So we can start with the data

337
00:24:29.640 --> 00:24:33.000
challenge. Of course. Um,
if we take a look today at our

338
00:24:33.079 --> 00:24:40.640
agricultural market and the infrastructures and places
from private or public um, you know,

339
00:24:40.839 --> 00:24:45.400
public or private individuals, companies,
you know, whoever it says the

340
00:24:45.480 --> 00:24:48.599
government wants to do or private individuals
want to do, there is still a

341
00:24:48.759 --> 00:24:53.559
gap in data like that would allow
for informed decision making for by these farmers

342
00:24:53.839 --> 00:24:56.559
at the end of the day is
what they know. As I said earlier,

343
00:24:56.680 --> 00:25:02.240
and as Michael also pointed at that
they would be able to act on

344
00:25:02.759 --> 00:25:08.160
or act upon. So with the
data challenge for the Ackerton to be precise,

345
00:25:08.720 --> 00:25:14.200
we would be looking forward to seeing
innovative ideas and solutions that would try

346
00:25:14.240 --> 00:25:21.480
to bridge this gap and make sure
that farmers have they have access to information

347
00:25:21.599 --> 00:25:26.839
that would allow for precision agricultural activities. Like imagine a situation where your farmer

348
00:25:26.920 --> 00:25:30.599
in your village, for example,
can monitor market shrens. He knows how

349
00:25:30.720 --> 00:25:34.359
much Maids is going for that season, how much he could potentially go forward,

350
00:25:34.599 --> 00:25:41.000
and he could make the inform decision
of taking his commodities or his crops

351
00:25:41.119 --> 00:25:47.200
to the nearest effect a warehouse as
an example. So yeah, So solutions

352
00:25:47.279 --> 00:25:52.160
like this do not just benefit the
value chain or the processors or effects.

353
00:25:52.279 --> 00:25:55.200
It's at the end of the day, it's about the impact it's making in

354
00:25:55.279 --> 00:25:59.440
the productivity of the small or the
farmer, which is your farmer in the

355
00:25:59.599 --> 00:26:03.160
village. So yeah, it makes
sense. So essentially, what I see

356
00:26:03.240 --> 00:26:06.839
here is that right now the guy
in life, they does not have any

357
00:26:07.039 --> 00:26:11.279
pricing mechanc He doesn't know what Cassaby
sold outside or half year. He doesn't

358
00:26:11.319 --> 00:26:15.400
know what you guys until sorry,
sorry to cut you up them. But

359
00:26:15.559 --> 00:26:21.559
what we do see now, because
you did mention to a challenge that they

360
00:26:21.559 --> 00:26:26.720
could be facing. What you see
now is middlemen who go on, let

361
00:26:26.799 --> 00:26:32.480
me use a little slightly different vibes
right their powered back by, okay,

362
00:26:32.599 --> 00:26:40.160
They decide whatever price they wanted to
go for. They facilitate the sale between

363
00:26:40.240 --> 00:26:44.759
the farmer and maybe an international buyer
or a buyer from the city, and

364
00:26:44.920 --> 00:26:48.200
then they create whatever price they want
and you know, they keep the difference.

365
00:26:48.319 --> 00:26:52.720
And I mean, it's it's a
system and working for them. But

366
00:26:52.920 --> 00:26:56.880
is it beneficial to the school or
the farmer. It's the actual producer of

367
00:26:56.000 --> 00:27:00.799
dark commodity. That's if it's not
beneficial to them, then reloxivity is going

368
00:27:00.880 --> 00:27:04.640
to be stalled. And that's that's
essentially the cruise of the problem, at

369
00:27:04.680 --> 00:27:08.720
the foundation of it. If we're
trying to feed everybody in Africa, if

370
00:27:08.759 --> 00:27:12.000
we're making the attempt to feed everybody
in Africa, then the people who are

371
00:27:12.079 --> 00:27:18.359
doing people are producing the food to
be attended too. Not only not only

372
00:27:18.519 --> 00:27:22.839
small or small or minute type of
situation. It has to be sustainable,

373
00:27:23.359 --> 00:27:27.559
it has to be efficient catcha.
So so in this case now with the

374
00:27:27.799 --> 00:27:33.440
with the data challenge, you want
to create a prize data mining database with

375
00:27:33.559 --> 00:27:38.599
me that my farmer can basically go
there typing Cassaba and it will give him

376
00:27:38.640 --> 00:27:42.799
the prize of Cassaba as a today
because it's gonna be live when mobile and

377
00:27:42.920 --> 00:27:47.079
the web and that becomes now the
prize of beause, like I will go

378
00:27:47.119 --> 00:27:52.160
in and prize maybe crypto or stalks, but this time now for commodities.

379
00:27:52.200 --> 00:27:56.319
So if I know that that Cassaver
is also amount, it can help me

380
00:27:56.599 --> 00:28:00.440
make my present decisions or my sons
just or you want to plants next season.

381
00:28:00.519 --> 00:28:06.200
So excellent. This system already exists
because it does power some of the

382
00:28:06.319 --> 00:28:10.279
processes that have a day today or
the system that happened day today, or

383
00:28:10.319 --> 00:28:14.000
the message before if it's is day
to day activities. We would just like

384
00:28:14.160 --> 00:28:18.359
to see innovative ideas for the agg
hacathol to be more precise film. The

385
00:28:18.519 --> 00:28:22.759
people who do need this, they
need this, um you know, they

386
00:28:22.839 --> 00:28:26.640
need the systems to be in place
because if I can't eat, you can

387
00:28:26.799 --> 00:28:33.400
eat, the outer affect everybody everybody. So so data telling is about creating

388
00:28:33.480 --> 00:28:37.880
a pricing network where I can create
something that to do with pricing. I

389
00:28:37.000 --> 00:28:41.079
got that. What about the this
is the what about? This is the

390
00:28:41.359 --> 00:28:48.319
called the extension and I'm reading it
is talking about farmers need active ingredients and

391
00:28:48.559 --> 00:28:52.960
all that walk metro that what does
that mean? You're talking about low yields

392
00:28:52.160 --> 00:28:56.359
and you want to develop a u
SSS the application walking through the extension part

393
00:28:56.400 --> 00:29:00.599
of the what do you guys want
to do with that? Okay, So

394
00:29:00.920 --> 00:29:06.799
an extension based solution would exist.
I wouldn't say exclusively from the Internet,

395
00:29:06.839 --> 00:29:11.000
but we need to consider that so
many parts of Nigeria, not just Nigeria,

396
00:29:11.039 --> 00:29:15.119
Africa as a whole, because our
services and of course extended beyond the

397
00:29:15.480 --> 00:29:22.119
borders of Nigeria, are expecting solutions
to be submitted from Kenya and we do

398
00:29:22.319 --> 00:29:27.519
have a fair trade services running in
Uganda as well. So if we create

399
00:29:29.200 --> 00:29:33.279
us USS debate solution, it would
be easier performers who do not have the

400
00:29:33.480 --> 00:29:41.759
best access to internet service to get
knowledge on solutions or anything that they need.

401
00:29:41.920 --> 00:29:47.000
If they need knowledge on maybe what
Okay, let's say as an example,

402
00:29:47.279 --> 00:29:49.079
they go to the market and they're
trying to buy fertilizer, or they're

403
00:29:49.119 --> 00:29:53.079
trying to buy something and they don't
have knowledge or information about it, it

404
00:29:53.079 --> 00:29:56.240
would affect the quality of what they
go out and get. Or if they

405
00:29:56.319 --> 00:30:00.559
do have that knowledge, then they
would be able to buy what they need

406
00:30:00.640 --> 00:30:04.319
and understand what they are buying and
what they are purchasing. So with m

407
00:30:04.480 --> 00:30:10.960
with knowledge, there's also support so
having access to these um and considering them

408
00:30:11.200 --> 00:30:14.640
dispiracy or the lack of internet access, which is the best way I can

409
00:30:14.680 --> 00:30:18.640
explain, because there are so many
factors that actually going to play in USS

410
00:30:18.680 --> 00:30:25.079
be based or an extension age solution
would would make provision for that. Right

411
00:30:25.160 --> 00:30:27.720
and for this I cannot to be
precise as I mentioned it's a cross border

412
00:30:27.880 --> 00:30:30.920
were very much you give for what
to cross border solutions like things that can

413
00:30:30.960 --> 00:30:36.680
go beyond the borders of Nigeria.
Right, Um, if it's going to

414
00:30:36.759 --> 00:30:40.799
work in Nigeria has to also consider
possiblity of working in Kenya and in Uganda

415
00:30:40.839 --> 00:30:44.200
and every other country that we need
to because this is an Africa. Things

416
00:30:44.240 --> 00:30:48.319
one Nigeria, this is Africa.
We're trying to feed Africa. So um

417
00:30:48.279 --> 00:30:56.200
yes said that being said, um, that is exactly what the extension challenge

418
00:30:56.559 --> 00:31:00.680
is talking about in my only man, in my only man, out of

419
00:31:00.720 --> 00:31:03.200
standings, He's going to be like, if it's like my own Google for

420
00:31:03.279 --> 00:31:07.039
family, if I want the farm, say in Kby, I can I

421
00:31:07.160 --> 00:31:11.759
can find out the kind of fertilizers
using Kebby's soil to go this particular kind

422
00:31:11.799 --> 00:31:15.039
of um of rice. Is that
what was what extension is going to give

423
00:31:15.119 --> 00:31:18.960
me as an output? Yes,
that's a that's that's a very interesting,

424
00:31:19.119 --> 00:31:23.039
very interesting angle. You mentioned the
car, like, there's so many ways

425
00:31:23.039 --> 00:31:27.000
he could go. Um, there's
so many things you could provide for even

426
00:31:27.079 --> 00:31:32.400
support by the support as well.
Yes, but um there that's a very

427
00:31:32.519 --> 00:31:34.279
interesting angle. And yes that could
work as well, all right. And

428
00:31:34.359 --> 00:31:37.799
then the last one is that is
the one. I think it's the it's

429
00:31:37.839 --> 00:31:41.880
called a logistics and special it is
a logistics that one I find. Yeah,

430
00:31:41.960 --> 00:31:44.119
that one I find interesting because I
was speaking to a farm. I

431
00:31:44.160 --> 00:31:47.720
don't know if it's here. The
farmer points Julian on the spaces and he

432
00:31:48.000 --> 00:31:52.160
was telling me he had a lot
of um products and he saw there were

433
00:31:52.160 --> 00:31:56.799
a lot of silos that were not
working or when or we're bad, and

434
00:31:56.000 --> 00:32:00.279
he was trying to raise funds right
to go through take the silence to use.

435
00:32:00.640 --> 00:32:06.440
And here you're talking about essentially a
proposal that will create a warehousing solution

436
00:32:06.559 --> 00:32:10.079
to enable farmers request for storage and
logistics. So I like it. Let's

437
00:32:10.160 --> 00:32:14.519
let's talk more about this. Yes, as you know, if you look

438
00:32:14.559 --> 00:32:20.119
into the solutions that effects provide UM. As Michael has also mentioned earlier,

439
00:32:20.200 --> 00:32:24.599
there's the storage UM there's a storage
permission that has to come into play for

440
00:32:24.880 --> 00:32:31.559
the entire manuche to work productively,
seamlessly and with the with the logistics challenge.

441
00:32:31.640 --> 00:32:36.480
It's a situation like I would though
it's not exactly the same thing,

442
00:32:36.640 --> 00:32:42.000
but just for general understanding and for
clarity, I would use the Uber example.

443
00:32:42.480 --> 00:32:47.240
Right, So imagine being able to
um to uh go on your mobile

444
00:32:47.319 --> 00:32:52.440
phone or whatever each other away the
solution design or the innovative wants to go

445
00:32:52.599 --> 00:32:57.279
with the solution or how they want
to tackle that challenge. You could they

446
00:32:57.319 --> 00:33:00.960
could go on your boards or your
mobile devices and require for a storage space

447
00:33:01.440 --> 00:33:06.079
um social cubic meters they need to
or they need to store this amount of

448
00:33:06.279 --> 00:33:09.480
grains or the many stacks of brains, and then they request for the space.

449
00:33:10.000 --> 00:33:15.319
They then it's a schedule time they
request for US or logistics and they

450
00:33:15.359 --> 00:33:19.319
don't have that, it comes over
and takes them ome, take of the

451
00:33:19.480 --> 00:33:23.559
commodities and takes it back to the
where Also imagine a very similar um situation

452
00:33:23.720 --> 00:33:30.640
like that. So we are looking
forward to seeing innovative solutions that could power

453
00:33:30.240 --> 00:33:37.960
and support the inefficiencies that currently exist
within that part of THEATIA system, which

454
00:33:37.039 --> 00:33:40.160
is the logistics, you know,
the logistics and the movement something from one

455
00:33:40.200 --> 00:33:45.559
place to do the other. I
mean this, but this particular situational challenge

456
00:33:45.599 --> 00:33:51.759
exists anywhere any other form of business
anybody wants to do moving oil from the

457
00:33:51.920 --> 00:33:55.599
port to another same or any any
other situation. Right, but think of

458
00:33:55.759 --> 00:34:00.240
how much it affects the agricultural value
chain, considering that this is food that

459
00:34:00.400 --> 00:34:04.880
goes on the table and people have
to eat and for sures us have to

460
00:34:04.960 --> 00:34:08.760
create products everything else in between.
Okay, I got a comment on Twitter

461
00:34:08.920 --> 00:34:15.000
and the gentleman all is basically saying
the Michaels might be for you that NAE

462
00:34:15.519 --> 00:34:21.079
r LS has a system that is
responsible to inform farmers on price, range,

463
00:34:21.800 --> 00:34:27.239
seed quality and other services. But
he says it's not feasible enough and

464
00:34:27.480 --> 00:34:31.840
if you know what the na r
LSS, maybe gent gentleman could put from

465
00:34:31.880 --> 00:34:36.559
a more context. And that's why
he said that there's a feedback that we

466
00:34:36.679 --> 00:34:38.760
have this, but it's not really
quote unquote working for us, right,

467
00:34:38.840 --> 00:34:45.360
So maybe the privacy there coming in
true effects would then put some ginger into

468
00:34:45.440 --> 00:34:47.519
that and we can get it going. Oh, Michael, um, if

469
00:34:47.559 --> 00:34:51.679
I would come to you, right, it's just done a great job in

470
00:34:51.800 --> 00:34:54.400
just talking to us about the street
challenges, and I see where you guys

471
00:34:54.440 --> 00:34:59.079
are going. It's pretty smart,
right, because if I have land,

472
00:35:00.000 --> 00:35:04.800
I don't know what to farm,
I can go to the data quote unquote

473
00:35:04.880 --> 00:35:12.079
page and get the pricing of commodities
that are exporting or are selling more if

474
00:35:12.079 --> 00:35:15.719
you use that technology, and I
could then start a farm or invest in

475
00:35:15.840 --> 00:35:20.159
that commodity. Then the extension at
least I want to know what sort of

476
00:35:20.639 --> 00:35:24.800
I should igram by urea fertilizer from
dangote or should I will get notori fatalizers.

477
00:35:25.000 --> 00:35:29.320
Extension comes in there. And also
when I now get my production,

478
00:35:29.440 --> 00:35:31.280
like, I can go to the
logistics side of it and I can say,

479
00:35:31.320 --> 00:35:35.760
okay, I have all this produced, where can I store it?

480
00:35:36.079 --> 00:35:38.440
So I can take advantage. You've
spoken about the whole value chain, so

481
00:35:38.719 --> 00:35:44.119
data extension, logistics on the diseasy
cash crop for point. Oh and the

482
00:35:44.199 --> 00:35:51.679
hackaton great great, great points.
Can we link this now right into exports?

483
00:35:51.920 --> 00:35:55.519
And it's sort of a curveball there, but Nigeria right now has got

484
00:35:55.639 --> 00:35:59.719
to get forex in. I don't
know if he looks at a at a

485
00:35:59.800 --> 00:36:05.000
bar and shot where technically in terms
of foreign exchange we might be scar broke.

486
00:36:05.159 --> 00:36:09.599
Right, how can this power say
exports for the guys listening that want

487
00:36:09.679 --> 00:36:14.800
to just mix some dollars, right
because fuel price is now five hundred and

488
00:36:14.840 --> 00:36:17.119
narr And now I'm going back to
that wallet team, how can we link

489
00:36:17.199 --> 00:36:22.679
this right? Um, there's there's
an opportunity here for the IT folks.

490
00:36:22.719 --> 00:36:24.360
Well, how can the guy that
just wants to invest in an era to

491
00:36:24.440 --> 00:36:29.159
make money? Is there's something in
here for us that can push exports?

492
00:36:29.320 --> 00:36:31.920
Or second you multiples teams of income? What do you see? My?

493
00:36:35.320 --> 00:36:37.880
Um? Thank thanks Darling for that
question, right, um? And and

494
00:36:38.039 --> 00:36:42.639
to be honest, it's not a
it's not a straight guy to be honest,

495
00:36:42.760 --> 00:36:45.320
right, So I'm wonder hand you
know we've talked it extensively about how

496
00:36:45.440 --> 00:36:50.400
we're able to you know, the
effectiveness with which we're able to provide data

497
00:36:50.559 --> 00:36:52.599
to eachmall the farmers, so they
under water farm. Yeah, and then

498
00:36:52.679 --> 00:36:57.239
the can and you know involved logistics
to them being able to see, you

499
00:36:57.320 --> 00:37:00.639
know, see seamlessly use that commodity
from where they you know, where they're

500
00:37:00.679 --> 00:37:02.960
producing, where they eventually, um, you know, where they eventually can

501
00:37:04.039 --> 00:37:09.239
zoom. But where. But with
exports things become slightly more difficult um and

502
00:37:09.360 --> 00:37:13.440
and the reason why that is is
because so so first of all, they

503
00:37:13.599 --> 00:37:19.760
shrug infrastructural issues within our ports today, meaning that you know, if I

504
00:37:19.880 --> 00:37:22.400
take let's say a hunt letting,
lets it wants a truck of coocle today,

505
00:37:22.440 --> 00:37:25.000
Let's it like thirty downs or cook
and I want to export that today?

506
00:37:25.480 --> 00:37:29.360
Right? If I take that to
the port, even if if it

507
00:37:29.440 --> 00:37:31.960
can takes let's say about thirty days
for in any given in any given time

508
00:37:32.000 --> 00:37:36.440
to Nario, right for that commanding
gole to grow from an egeria. So

509
00:37:36.760 --> 00:37:38.639
let's say, so, let's it's
somewhere in Europe, right, so let's

510
00:37:38.679 --> 00:37:42.639
elect twitter land that takes a lot
of coffee and whatnot. On all of

511
00:37:42.719 --> 00:37:45.840
that, if you take it to
a nine ron point, you can be

512
00:37:45.920 --> 00:37:49.599
rested sure that you'll probably you will
probably not get it until maybe ninety or

513
00:37:49.719 --> 00:37:52.079
or twenty days. Right. Essentially, what that means is that there's about

514
00:37:52.440 --> 00:37:55.840
you know, one month, two
months, sometimes even three months lad between

515
00:37:57.239 --> 00:38:01.480
what is ideal and what eventually plays
out export back. Right. Secondly,

516
00:38:01.639 --> 00:38:06.679
is also because of that most of
the contract and there in the export markets,

517
00:38:06.760 --> 00:38:10.800
they're essentially free of what the meaning
that is essentially paid against shipping documents,

518
00:38:10.840 --> 00:38:15.519
meaning that themnity supply, that dimnity
supply, that commodity is to the

519
00:38:15.599 --> 00:38:20.199
pots I essentially want to get my
money back or I'm essentially paid for that

520
00:38:20.320 --> 00:38:23.239
communtitude. But the problem is that
even though you're getting instant settlement, in

521
00:38:23.360 --> 00:38:27.960
sort of limits the volume of contracts
that you're able to do, since most

522
00:38:28.119 --> 00:38:32.320
bias wants to see the eventual products
anyways before they essentially pay for it's so

523
00:38:32.440 --> 00:38:36.079
ideally, what that means is that
if you if you buy idea, you

524
00:38:36.119 --> 00:38:39.119
could buy a thousand times because most
of the contracts that we constructure, even

525
00:38:39.480 --> 00:38:43.480
you know, what is essentially advantages
to be SADI is also a free of

526
00:38:43.559 --> 00:38:46.079
what type of contract, meaning immediate
sentslement, it will only do a hundred

527
00:38:46.119 --> 00:38:51.199
tons, So that sort of because
of those infrastructure issues that immediately limits the

528
00:38:51.239 --> 00:38:54.440
amount of volume. Do you understand
you can essentially push out of the country

529
00:38:54.840 --> 00:38:58.840
at any given at any given period
of time. Um, you know.

530
00:38:58.920 --> 00:39:01.480
But to circle back to quote unquote
the you know, the original conversation about

531
00:39:01.480 --> 00:39:05.599
pricing and you know, productivity for
the average more of the farmer. Now,

532
00:39:05.719 --> 00:39:09.719
honoradly speaking, what would expect that
the entire and honoradly speaking, if

533
00:39:09.760 --> 00:39:14.119
you look at let's say, you
know, certain countries that have uh,

534
00:39:14.320 --> 00:39:15.800
you know, commodity boards for some
of the ex so to some of the

535
00:39:15.840 --> 00:39:20.440
commodities that they produce. So let's
say, for example, you take gunna

536
00:39:20.480 --> 00:39:24.079
and go correct and then they have
comment they have multi bodes for an expert

537
00:39:24.079 --> 00:39:28.800
commodity like Coco. That sort of
works for them, but it's not even

538
00:39:28.840 --> 00:39:30.519
as effective as they wanted to be. So essentially, today, if you

539
00:39:30.599 --> 00:39:34.239
want to buy um, you know, if you want to buy co going

540
00:39:34.280 --> 00:39:37.079
Gunna or go dif there is a
price premium that is attached to whatever based

541
00:39:37.119 --> 00:39:42.199
price that all about the breast price
of that commodity is correct and essentially What

542
00:39:42.360 --> 00:39:45.119
that does is, like I said, is to attempt to transfer as mount

543
00:39:45.159 --> 00:39:47.920
of that value to the to the
to the producer as much as portible,

544
00:39:47.960 --> 00:39:51.840
which is most of the time small
of the farmer. Correct, But that

545
00:39:52.079 --> 00:39:54.760
essentially doesn't work because yeah, we
have to usually take a step back.

546
00:39:54.880 --> 00:40:00.440
Right, The farmer's fundamental problem is
no price. The f fundamental problem is

547
00:40:00.519 --> 00:40:05.079
productivity. There's the same in South
America, right, which is you know,

548
00:40:05.159 --> 00:40:08.519
which is which is another huge agricultural
region. Right, um market is

549
00:40:08.559 --> 00:40:13.599
the best fertilizer. And let me
explain what that means. Don't necessarily just

550
00:40:13.800 --> 00:40:15.840
give me, you know, a
higher price of my commodity, because in

551
00:40:15.920 --> 00:40:21.480
any didderent case because of the sub
black commodities, and also because most of

552
00:40:21.480 --> 00:40:23.119
the commodities that you can use in
this part of the world in Africa has

553
00:40:23.199 --> 00:40:28.440
seasonal the undulated back and forth anyways, So meaning that you would and you

554
00:40:28.519 --> 00:40:31.599
have some point unity pricing school of
the technically would reverse. I've been doing

555
00:40:31.679 --> 00:40:37.239
harvest good, but if I have
a market for my commodity, that essentially

556
00:40:37.320 --> 00:40:45.280
motivates me to improve my productivity as
an harvist. Fun that's that essentially incentive

557
00:40:45.440 --> 00:40:49.960
is the difference between the farmer going
from one hundred thousand. So take for

558
00:40:50.039 --> 00:40:52.639
example, it's the only thing you're
able to provide is just higher pricing.

559
00:40:52.719 --> 00:40:57.519
Correct, It's the difference between your
farmer going from an hundred thousand that term

560
00:40:57.639 --> 00:41:00.400
to big money that it was to
big to wile m for thousand because prices

561
00:41:00.440 --> 00:41:05.599
are not being fixed that set or
because the price of commodities went up as

562
00:41:05.639 --> 00:41:08.480
opposed to that's not all the farm
are being able to double this productivity because

563
00:41:08.519 --> 00:41:12.880
it knows that there's a market for
it. Does that make sense? Because

564
00:41:12.960 --> 00:41:15.719
like even if you even if that's
into today, you know we were to

565
00:41:15.800 --> 00:41:20.880
double the volume of agriculture and the
volume of export commodities in the country,

566
00:41:21.360 --> 00:41:24.480
the other side of the market because
of the infrastructure issue is not available.

567
00:41:24.800 --> 00:41:30.840
There's no there there's no market access
from that product for that production, right,

568
00:41:30.119 --> 00:41:34.079
So meaning that even if you were
to double our contiunity today, there's

569
00:41:34.119 --> 00:41:37.480
no where to sell that volume too
because of the huge infrastructure issues that are

570
00:41:37.599 --> 00:41:43.039
put When those issues are fixed,
that provides a wide array of market access

571
00:41:43.159 --> 00:41:46.519
that motivates and incentivizes producers, whether
smalls of farmers or trainers or everybody in

572
00:41:46.599 --> 00:41:52.239
between to increase their productivity so that
they can essentially go from long tous one

573
00:41:52.320 --> 00:41:57.280
hundred thousand to one a thousdred thousand, which increase reflective of price, but

574
00:41:57.440 --> 00:42:00.679
from like one hundred thousand to two
hundred thousands, which will be reflective of

575
00:42:00.760 --> 00:42:04.719
their having culture of productivity, which
then circles back to my original comment that

576
00:42:05.119 --> 00:42:09.880
the farmer's fundamental problem today is not
necessarily priced, the huge structure of fundamental

577
00:42:09.960 --> 00:42:15.840
issues that needs to be resolved and
hand and of course that essentially also ties

578
00:42:15.239 --> 00:42:20.679
back to the market antwers. That's
that's a mind blowing comment there. So

579
00:42:20.800 --> 00:42:23.840
what's you're saying is that if the
price of cassaver doubles more casts about the

580
00:42:23.920 --> 00:42:31.639
growth exactly exactly pretty much. But
the pricing is not the biggest problem.

581
00:42:31.920 --> 00:42:35.480
So let's say it makes so less. For example, let's say it makes

582
00:42:35.559 --> 00:42:37.599
nineteen percent today, is what's the
guarantee that it's going to make that the

583
00:42:37.719 --> 00:42:43.280
ninety percent? Yet it is literally
no guarantee or the orders all the subsequent

584
00:42:43.360 --> 00:42:47.199
Yet there's literally no guarant But if
I can double my production as a cassaver

585
00:42:47.360 --> 00:42:51.960
farmer, for example, it doesn't
matter what the price is, My my

586
00:42:52.320 --> 00:42:55.559
my income essentially goes off regardless.
Right, even if the price were to

587
00:42:55.639 --> 00:42:59.880
four by five, ten percent,
by something like double that ninety thousand nards

588
00:43:00.000 --> 00:43:04.280
one an eating round, I'm still
eighteen percent above where I was lasting.

589
00:43:04.840 --> 00:43:07.800
So it doesn't really matter. I
mean, obviously, at the end of

590
00:43:07.800 --> 00:43:09.360
the day, if you're you know, we're not disconnected or disaffective for the

591
00:43:09.400 --> 00:43:14.440
price pactism. But what's fundamentally more
important for us as a country, whether

592
00:43:14.480 --> 00:43:19.880
that's for exports or staples, it
is our ability to provide to you significantly

593
00:43:19.960 --> 00:43:25.480
improve our productivity and then also subsequently
fix the structure issues that provide market access

594
00:43:25.920 --> 00:43:30.639
for that increased one. That that's
the huge point of the needs to be

595
00:43:30.719 --> 00:43:35.800
resolved gotchas issue. Okay, that's
that's that's a good point, a good

596
00:43:35.840 --> 00:43:37.239
good point. Then let me ask
you two quick questions. I only get

597
00:43:37.400 --> 00:43:40.039
esther back, and let me ask
you two quick questions the ones that Pastor

598
00:43:40.199 --> 00:43:46.159
is asking. Can investors partner with
effects in locations you don't have, like

599
00:43:46.280 --> 00:43:50.480
a warehouse, but if he has
a warehouse, can they partner with you?

600
00:43:51.000 --> 00:43:52.760
If they can, please send it
to the DM or whatever, not

601
00:43:53.039 --> 00:43:58.199
shire to him or just posted.
If you're not the location, but an

602
00:43:58.239 --> 00:44:00.840
investor has got the warehouse in that
location, would you partner with that?

603
00:44:01.039 --> 00:44:06.360
That's from a question that a question
is asking how does effects and short quote

604
00:44:06.480 --> 00:44:12.280
control He doesn't want farmers with invested
green to affect his own product that doesn't

605
00:44:12.360 --> 00:44:15.000
have any you know, insects in
them. So do you guys have like

606
00:44:15.079 --> 00:44:17.639
a modern warehouse and that kind of
stuff that's from take it and from past?

607
00:44:17.719 --> 00:44:21.519
If you do real quick, I'll
go back to esther And then of

608
00:44:21.599 --> 00:44:23.199
course I've got most a factor on
the line to ask the question. We

609
00:44:23.360 --> 00:44:27.599
get some guys to jump in here
and with questions and also with the DMS.

610
00:44:27.760 --> 00:44:31.760
So Mike, you've got to flow, Mike, we here those two

611
00:44:31.800 --> 00:44:37.800
questions. Oh forgive me I questions
noss coming back to talk about, but

612
00:44:37.960 --> 00:44:42.320
just that, just two quick questions
for you. Um if if if,

613
00:44:42.519 --> 00:44:45.920
if you have a location, if
I have a warehouse and you're not there,

614
00:44:45.000 --> 00:44:50.599
can I partner with you? Sorry? Can you take that again?

615
00:44:50.639 --> 00:44:53.159
If I have a warehouse, if
an investor has got a warehouse in a

616
00:44:53.280 --> 00:44:59.760
location where Effects is not operating,
do you guys, can you guys partner

617
00:44:59.840 --> 00:45:05.159
with hint with them? Others asking
absolutely okay. To do that under his

618
00:45:05.360 --> 00:45:08.960
system that's called you know, collateral
management, people would have to come there,

619
00:45:09.679 --> 00:45:13.559
um, you know, put our
own you know, people are employees

620
00:45:13.599 --> 00:45:15.920
there to sort of certisfy the quality
that you know, the capacity and then

621
00:45:16.000 --> 00:45:22.079
also the quality of that warehouse and
then we essentially just put that uh we

622
00:45:22.199 --> 00:45:27.599
essentially just put that warehouse either order
an accredited and effect ware house or okay.

623
00:45:28.519 --> 00:45:31.599
Yeah, and that also goes that
also goes with the with the quality

624
00:45:31.679 --> 00:45:36.199
control to say, hey, because
you have different fownments, so some farmers

625
00:45:36.280 --> 00:45:40.079
might have goods that have insects,
I don't have insects. Okay, all

626
00:45:40.159 --> 00:45:44.000
right, so let let's just come
back to Esther. Esther was gonna just

627
00:45:44.119 --> 00:45:50.400
physically say weally round up, like
if I am interested in the challenge,

628
00:45:50.519 --> 00:45:53.320
right, what do I do next? I'm I'm interested. I want to

629
00:45:53.400 --> 00:45:59.679
do say logistics, what should I
do next? Okay, thank you so

630
00:45:59.840 --> 00:46:05.079
much. On Chicago, I would
say that if you're intrusted in being a

631
00:46:05.199 --> 00:46:07.119
part of the cold cash from PROPM
to your age car Canton, it's quite

632
00:46:07.239 --> 00:46:13.320
easy and simple. All you have
to do is this is the website www.

633
00:46:13.519 --> 00:46:19.079
Dot Africa Exchange dot com. Forward
slash CCC four and then you click

634
00:46:19.159 --> 00:46:24.360
on the ig Hackathon UM page and
all everything you need to know is them

635
00:46:24.559 --> 00:46:29.920
right, so more explanation of the
extensions, expectations as well as what the

636
00:46:30.079 --> 00:46:34.039
judges will be looking out for.
And you know, you you follow the

637
00:46:34.119 --> 00:46:37.280
process, it's quite clear everything you
need is there. Gotcha. And it's

638
00:46:37.320 --> 00:46:42.719
also guys also, don't share the
tweet that has those links Esta speaking about

639
00:46:42.800 --> 00:46:45.760
if you don't go to the TL
the links are only that a Esta spoken

640
00:46:45.800 --> 00:46:51.400
about how you can register, how
they want your proposal to look like what

641
00:46:51.559 --> 00:46:55.280
they are looking for. If let
me just mentioned that you can of course

642
00:46:55.320 --> 00:47:00.039
follow any of our social media pages
because we um tweeting on it and tipsum

643
00:47:00.519 --> 00:47:07.880
often effects Sangaria and of course Kenya
effects and effects brand as well, and

644
00:47:07.280 --> 00:47:12.719
you could join our community. That's
also another very very touch point to get

645
00:47:12.719 --> 00:47:15.400
all the information that you need.
And of course the form to join the

646
00:47:15.480 --> 00:47:21.119
community is on the website, is
also on those pages. It's even a

647
00:47:21.280 --> 00:47:27.440
pet tweet on my accounts. So
yeah, true follow esther, follow esther,

648
00:47:27.599 --> 00:47:30.440
follow my cal follow effects Nigeria.
I get all that information. What's

649
00:47:30.559 --> 00:47:34.159
if I win this challenge? Why
do I get esther. If I win,

650
00:47:34.280 --> 00:47:37.840
I'm gonna go study with it.
D What do I get if I

651
00:47:37.960 --> 00:47:43.039
win? Okay? So, m
called cash Crop is a great platform for

652
00:47:43.159 --> 00:47:47.960
people who are looking to expand their
there air deliveries or the solutions that they

653
00:47:49.039 --> 00:47:52.920
create into something that's very meaningful and
impactful. Um, there are several things

654
00:47:52.960 --> 00:47:55.480
that you could win and a lot
of things you could get off. Of

655
00:47:55.519 --> 00:48:00.519
course, I'm sure the first question
what's the money past? Okay, so

656
00:48:00.760 --> 00:48:05.079
I wanted to win us? There
will be a ten thousand dollars to be

657
00:48:05.239 --> 00:48:10.920
shared, right, yes, and
a lot of other benefits like the fact

658
00:48:10.960 --> 00:48:15.440
that there will be in the mentorship
slash information system that will help them take

659
00:48:16.039 --> 00:48:20.679
first of all, to even be
able to deliver their presentations at the grand

660
00:48:20.719 --> 00:48:23.159
finale. Because right now we're in
boot camp season, right so we are

661
00:48:23.880 --> 00:48:28.199
fast approaching boot camp of the two
day book camps that will be having at

662
00:48:28.239 --> 00:48:32.000
the different regions where the Boo book
cams will be holding a das Kaduna and

663
00:48:32.440 --> 00:48:39.519
Badon and Nerobe Kennya of course,
so yes, so everyone who is going

664
00:48:39.599 --> 00:48:43.199
to be a part of it will
be injected into that system and there's a

665
00:48:43.239 --> 00:48:47.679
lot of benefit to that because you'll
be you'll be getting um guidance from people

666
00:48:47.719 --> 00:48:54.440
who are industry experts, efferent in
house professionals in different aspect, different different

667
00:48:54.519 --> 00:48:59.760
t stakeholders in this bagage that we're
trying to m six or so forth.

668
00:49:00.199 --> 00:49:04.159
So it's a great platform all in
all, aside from the financial benefits being

669
00:49:04.239 --> 00:49:07.840
able to gather that kind of just
learn right to learn yea, all the

670
00:49:07.880 --> 00:49:12.719
stuff. Yeah, yes, exactly, yeah, because I mean from there

671
00:49:12.880 --> 00:49:15.239
you might not be a winner,
but you would eventually maybe meet someone.

672
00:49:15.239 --> 00:49:21.679
Because it's also a networking platform,
very important to everybody to communicate and talk

673
00:49:21.719 --> 00:49:24.320
to each other. You don't know
who is going to be necessary to the

674
00:49:24.400 --> 00:49:30.280
growth and development of your good point
whatever it is that you want to do

675
00:49:30.400 --> 00:49:34.400
or play whatever or you want to
play in the agriculture of variety or everything

676
00:49:34.559 --> 00:49:38.400
between a can tech. So having
the platform to meet other people and you

677
00:49:38.519 --> 00:49:44.920
know, communicate your interests and also
just presenting nor pitching. You never know,

678
00:49:45.079 --> 00:49:46.519
but that's all I can say.
You're right, all right, I

679
00:49:46.599 --> 00:49:52.159
mean in Israel, I think from
a pick PM of Israel, said agriculturist,

680
00:49:52.320 --> 00:49:55.719
ninety nine percent innovation, one percent
perspiration. But if you look at

681
00:49:55.760 --> 00:49:59.599
what we do. Like you,
there's a lot of hard work with this

682
00:49:59.760 --> 00:50:04.000
fan meeting, a lot of hard
but black farming with the whole This is

683
00:50:04.079 --> 00:50:07.880
agriculture. You know, if you're
an IT guy and you're doing this to

684
00:50:07.079 --> 00:50:12.239
create pricing for farmers in the villages, you're in agriculture, right, So

685
00:50:12.360 --> 00:50:15.239
everyone is not going to carry cold
so you told yeah, the fact is

686
00:50:15.320 --> 00:50:22.360
every other continue. The fact is
every other industry. The progress that's being

687
00:50:22.400 --> 00:50:25.440
made in every other industry on the
surface of this planet is powered by innovation

688
00:50:25.880 --> 00:50:30.119
in technology. If we're being very
honest, like if you look around you,

689
00:50:30.599 --> 00:50:35.679
the more progress um a certain of
industry making, whether it be fashioned,

690
00:50:35.800 --> 00:50:40.960
whether it be cosmetics or anything it
has to it's oftentimes powered by innovation

691
00:50:42.280 --> 00:50:45.760
of course, and then technology,
because how do we maintain productivity in the

692
00:50:45.880 --> 00:50:52.599
world where AI is you know,
coming fast, coming right. Yeah,

693
00:50:52.960 --> 00:50:55.480
yes, So agriculture is the same
thing. You know. We have to

694
00:50:57.320 --> 00:51:00.800
m we have to have this conversation. We have to create dissolutions so that

695
00:51:01.360 --> 00:51:07.840
that feels that industry doesn't get because
everybody, every single person, it's going

696
00:51:07.920 --> 00:51:10.440
to um, it's going to touch
that we say it's going to touch every

697
00:51:10.519 --> 00:51:17.400
everybody got yeah, so we all
have to exactly. Yes, well,

698
00:51:17.400 --> 00:51:22.199
when I am a field, you
pay agriculture, finance or technology. We're

699
00:51:22.239 --> 00:51:27.960
inviting everyone to please you know,
everybody come inside. Everybody comes inside.

700
00:51:28.280 --> 00:51:30.880
The next thing, gotch We're going
to Rundle Place soon. I've got most

701
00:51:30.920 --> 00:51:35.280
of her. Thank you for being
so patient. Most of most of us

702
00:51:35.320 --> 00:51:37.199
own that from my boys. Also
on. Let me get both to helping

703
00:51:37.239 --> 00:51:39.679
and make your comments most of heart. You've got the floor of Go ahead,

704
00:51:42.280 --> 00:51:47.480
okay, um, co hosts.
It's been an interesting one, you

705
00:51:47.519 --> 00:51:52.840
know, agriculture. It's so it's
an interesting thing for me because from the

706
00:51:52.960 --> 00:52:00.280
North, I've been to so many
agricultural relagies around here, especially in them.

707
00:52:00.280 --> 00:52:04.559
And I had one of the book
comps going to happen because ever know

708
00:52:05.000 --> 00:52:09.320
where it's going to happen? Casually
tell me that quickis? And what was

709
00:52:09.360 --> 00:52:14.119
the question? Where? Where?
Where is it going to happen? Here?

710
00:52:14.159 --> 00:52:19.519
In conversation say one of the book
comes in commun Yes, yes,

711
00:52:19.679 --> 00:52:23.679
so you'll be having a book thing
that you know, Um a cool up.

712
00:52:24.159 --> 00:52:30.880
Cool up is in low tech innovation
city, yes, yes, yeah,

713
00:52:30.920 --> 00:52:35.679
yeah, okay, I would advise
you to, you know, sign

714
00:52:35.760 --> 00:52:38.840
up for the newsletters, so you
can get more up today information, right,

715
00:52:39.079 --> 00:52:45.840
but that I don't selected on your
own on the page. Yes,

716
00:52:45.000 --> 00:52:50.360
so um, you would definitely be
tweeting out the link right now for my

717
00:52:50.519 --> 00:52:54.480
effects Angeria and effects Kenya effects stages, and you can also go on my

718
00:52:54.639 --> 00:52:59.719
profile. So it's a pain to
tweet on my profile. Okay, okay,

719
00:53:00.079 --> 00:53:04.960
but but but but even with that, I don't think there's there's one

720
00:53:05.000 --> 00:53:08.280
thing I've come to understand. You
know, people like us who have gone

721
00:53:08.320 --> 00:53:14.840
to school, small and then people
who are real holdier farmers, you know,

722
00:53:15.239 --> 00:53:19.920
have a disconnect. Sometimes you you
you find us that we are dreaming.

723
00:53:20.599 --> 00:53:23.000
We are looking at things from Western
ways of doing things. You know,

724
00:53:23.360 --> 00:53:28.400
this is how it studied in Europe. So but but here and you

725
00:53:28.519 --> 00:53:31.760
man, you see that most of
our farmers are real people who don't even

726
00:53:32.119 --> 00:53:37.400
have most of them have gone to
school, most of them traditional finding us

727
00:53:37.480 --> 00:53:42.480
out to today, find out many
of these villages when you want to be

728
00:53:43.400 --> 00:53:46.400
maybe con because a lot of miss
is being grown here and could learned because

729
00:53:46.480 --> 00:53:52.360
no part of this Northwest. You
see the variety bus you see the defining

730
00:53:52.440 --> 00:53:59.559
culture difference and everything which affected right
I I what miss I think too must

731
00:53:59.760 --> 00:54:05.000
go. It was one of those
breeder. Was this the college hybrid?

732
00:54:05.039 --> 00:54:07.519
Then they have another one. They
are all grown here and then you see

733
00:54:07.920 --> 00:54:15.599
acusing. So how are you doing
or is it part of what could come

734
00:54:15.719 --> 00:54:19.480
up so that we who create something
that will connect us between the wheels,

735
00:54:19.760 --> 00:54:23.239
say colder farmers from are in the
in the village during the you know,

736
00:54:23.400 --> 00:54:29.079
the main agriculture of practices. Yes, I understand you. I understand your

737
00:54:29.119 --> 00:54:34.480
question in staff, and thank you
so much for asking. And essentially from

738
00:54:34.519 --> 00:54:37.079
what I understand, you're saying that
there is a discounet between small, older

739
00:54:37.119 --> 00:54:44.079
farmers and people who provide these solutions
right because of the westernization of so many

740
00:54:44.159 --> 00:54:46.400
of the processes. To be very
honest, for two years, we do

741
00:54:46.519 --> 00:54:52.320
see that exists. But here is
where we are effects right play a very

742
00:54:52.480 --> 00:54:57.280
key role. We try to make
sure that when information is being communicated or

743
00:54:57.320 --> 00:55:00.559
the information traveling from one end of
the value, say that is from our

744
00:55:00.679 --> 00:55:05.800
farmers right in Kaduna, who probably
do not speak English, who have a

745
00:55:05.840 --> 00:55:09.400
little bit of education, they are
translators. That the good part about effects

746
00:55:09.599 --> 00:55:14.199
that we it's not just us sitting
in the offices. We also have failed

747
00:55:14.280 --> 00:55:19.480
extension officers who are out there,
who who about their judge their activities among

748
00:55:19.599 --> 00:55:22.960
these farmers, and you know they
live there, the people in their communities,

749
00:55:22.960 --> 00:55:27.199
they're not they're not so far out
to reach that they live around where

750
00:55:27.239 --> 00:55:32.400
the warehouses are. We don't shake
people from one city to another city necessarily

751
00:55:32.840 --> 00:55:37.199
when we need to do the work
of communicating with the farmers. So for

752
00:55:37.360 --> 00:55:40.559
sure, we're definitely thinking about that. And to be honest, the extension

753
00:55:40.679 --> 00:55:47.280
based the extension based challenge also makes
sure there's also something we're trying to use

754
00:55:47.320 --> 00:55:51.599
to make up for that. We're
looking forward to solutions for that because we

755
00:55:51.760 --> 00:55:57.199
do expect there to be translation options
on these platforms to allow the farmers who

756
00:55:57.280 --> 00:56:02.480
understand exactly what it is being said, which said the English to outside the

757
00:56:02.559 --> 00:56:07.880
future Transtad to fuller in wh translated
to three to translated to any language is

758
00:56:07.920 --> 00:56:13.039
spoken in any of the countries that
this solution would be would be working interest.

759
00:56:13.239 --> 00:56:15.039
I don't hope I answered your question. Yeah, yeah, thank you.

760
00:56:15.519 --> 00:56:20.920
By the way, I can do
English also translations for you. Most

761
00:56:20.920 --> 00:56:24.960
of parts drop the plus we're always
welcoming experts. Thank you. What's the

762
00:56:25.000 --> 00:56:29.400
part puction that let's get this from
my point with quick. But the part

763
00:56:29.440 --> 00:56:31.880
from my boy speaks someone's asking,
does it. Let's also do livestock,

764
00:56:32.239 --> 00:56:36.559
livestock like cows, goats, livestocks. You gets also do that? It

765
00:56:36.679 --> 00:56:42.960
just crops and right, all right, all right, no worries. Okay,

766
00:56:43.000 --> 00:56:47.000
the farmer boy go ahead and go
ahead. We're talking about some issue.

767
00:56:47.039 --> 00:56:50.800
I hope you will you what you've
been here. We're speaking about some

768
00:56:50.960 --> 00:56:52.679
issues I think would have interested you. We've got the flows. I go

769
00:56:52.719 --> 00:57:00.440
ahead, The parmer boy going once
I can hear you, go ahead,

770
00:57:00.760 --> 00:57:06.960
Hello, you're a lot and Claire
go for it. Hello, he isn't

771
00:57:07.000 --> 00:57:12.599
has some issues with this mic?
Yeah, hello, we can hear you

772
00:57:12.760 --> 00:57:15.760
can hear us? Okay, yeah, no I can't hear you. Thank

773
00:57:15.800 --> 00:57:23.000
you very m writing spots and from
what I can just you from what discourse

774
00:57:23.119 --> 00:57:37.519
and from um did we lose you
again? Because you see there's no points

775
00:57:38.000 --> 00:57:44.360
producing, and there's no points and
producing. Why you don't have people to

776
00:57:44.519 --> 00:57:47.840
buy from you? They are doing
correctly pot honestly, I would just want

777
00:57:47.880 --> 00:57:55.440
to home. Yeah, it's part
of that. Who starts doing more for

778
00:57:55.599 --> 00:58:01.400
your farmers because then you guys lacking
when it comes to yield, power and

779
00:58:02.639 --> 00:58:07.239
getting and the only way I have
continue to say it is the only way

780
00:58:07.320 --> 00:58:10.840
out. It is true, people
is not to require seed. The weather

781
00:58:12.079 --> 00:58:15.559
the favorable even when people shall the
oh, it is the climate. And

782
00:58:15.639 --> 00:58:22.079
and then we see the required real
quantity to have the management build of and

783
00:58:22.480 --> 00:58:29.519
maize in engineer our our maid up
program has been we advoculture is not proper

784
00:58:29.679 --> 00:58:34.119
in driven with technology. And when
we talk about technology, the only the

785
00:58:34.280 --> 00:58:39.760
debating technology we are with instractors.
Tractors as a chanto spraying. You can

786
00:58:39.800 --> 00:58:45.800
hardly see anywhere in the world loot
the country for commercial purpose. You can't

787
00:58:45.800 --> 00:58:50.159
descern where you will see a down
a locator that that is an agricultural mass

788
00:58:50.559 --> 00:58:55.840
that can spread maze at six weeks
where if you look at it, damages

789
00:58:57.400 --> 00:59:01.760
Army one is causing to us.
We need to compel like our verge more.

790
00:59:01.880 --> 00:59:07.519
They're starting gave war. That's not
two starts and in whatever capacity they

791
00:59:07.599 --> 00:59:12.559
can come you know, so that
I will start having an agriculture develople with

792
00:59:12.639 --> 00:59:16.480
technology and able farmers can sell an
imagine the farmer getting up to five tons

793
00:59:16.519 --> 00:59:21.280
systoms per hector and then the price
you wi then you stay have a lot

794
00:59:21.320 --> 00:59:24.079
of money to they but in the
case we are having one point five that

795
00:59:24.320 --> 00:59:28.880
is when you see about my hole
keeping amassing, when your bride get to

796
00:59:29.079 --> 00:59:34.679
like two hundred thousand patterns and arrest. So I don't temple to happen because

797
00:59:34.719 --> 00:59:37.920
you see anywhere you see them have
buying here, buying there, because they're

798
00:59:38.000 --> 00:59:43.920
opening up that righting your house can
enable produce, buying remport who does a

799
00:59:44.480 --> 00:59:49.199
whole? There's no point through ying. And the fact that we enjoy it

800
00:59:49.320 --> 00:59:53.199
about the Grand Center is it's not
a moment joy and uh like ninety percent

801
00:59:53.280 --> 01:00:01.559
of the Great Center is control byking
Um buy our right who not well educated

802
01:00:01.719 --> 01:00:08.920
farmers. So you cannot enable let's
say the numbers of thoms and the numbers

803
01:00:09.559 --> 01:00:15.199
who who noted the numbers of bage
we need to produce? By ye boy,

804
01:00:15.280 --> 01:00:20.119
these days we do have everybody don't
do now, guess what about gambiolens

805
01:00:20.199 --> 01:00:23.039
what we talk that about, most
people do these days. So I gave

806
01:00:23.079 --> 01:00:28.119
it to affect that has been great
and I want them to look more into

807
01:00:28.440 --> 01:00:32.760
agricultural mechanization and technology. Thank you
well, that's a good shout out for

808
01:00:32.880 --> 01:00:38.159
APEX for both for you guys,
um, he's a farmer's yeah, thanks,

809
01:00:38.239 --> 01:00:42.119
So I just take the last one
because I think he's been here and

810
01:00:42.239 --> 01:00:45.840
I had as he's here, So
we'll just take oboomer and after obooma will

811
01:00:45.880 --> 01:00:49.039
do a round up or give a
bad time. So whom you got the

812
01:00:49.039 --> 01:00:55.480
floor? Go ahead, sir?
Okay, okay, Obama? Can you

813
01:00:55.559 --> 01:01:05.079
hear me? Oh boom oumah alright, going once, going twice? All

814
01:01:05.159 --> 01:01:08.280
right, guys, Thank you,
Esther, thank you Michael, Thank you

815
01:01:08.440 --> 01:01:15.000
for the guests that have tuned in
to just listen to this composition about agriculture.

816
01:01:15.320 --> 01:01:22.119
We have tried to do that intersect
between finance, tech and agriculture.

817
01:01:22.199 --> 01:01:25.559
Were all of the problems with agriculture. Michael has been us a good line.

818
01:01:25.599 --> 01:01:30.280
The yield productivity is a problem.
Everyone is just a farmer. But

819
01:01:30.519 --> 01:01:36.159
food is expensive. We've got to
bring tech, We've got to bring finance

820
01:01:36.360 --> 01:01:42.760
in to boost yields, to get
younger folks into this quote and quote line

821
01:01:42.880 --> 01:01:46.719
of business so that we can then
start to see innovative solutions that can boost

822
01:01:46.920 --> 01:01:52.639
yields. Why so that prices can
calm down. In the end, if

823
01:01:52.880 --> 01:01:57.039
prices of food does not colm down, inflation doesn't calm down. That means

824
01:01:57.400 --> 01:02:01.239
we all sot of because we can't
a word in playing so great topic on

825
01:02:01.400 --> 01:02:06.360
the tank effects for coming Esther and
Mikey, you've got the floor. Do

826
01:02:06.360 --> 01:02:13.480
you want to see your times?
In the last parting words, I just

827
01:02:13.639 --> 01:02:15.639
want to say thank you so much
for everyone, but as a part of

828
01:02:15.719 --> 01:02:20.480
this space, it's really big and
honor to be here. UM. I

829
01:02:20.519 --> 01:02:25.440
would like to direct everyone to our
Twitter and other social media pages and effects

830
01:02:25.480 --> 01:02:32.159
Ageria and of course ken your effects
and sofasit our website www. Doo Advocations

831
01:02:32.239 --> 01:02:38.760
dot com, forward slash CCC form
for information on called cash from Thank you

832
01:02:38.880 --> 01:02:43.400
so much as the writer, and
I'm going to just also retweet that out

833
01:02:43.480 --> 01:02:46.719
so that we can get all our
information like Esthers that is pinned on our

834
01:02:46.800 --> 01:02:52.440
profile. So get the information and
go go register or just participate or share

835
01:02:52.519 --> 01:02:57.440
with someone you think knows how to
do this. It's going to be a

836
01:02:57.519 --> 01:03:01.800
good networking and learning opportunity. Mike
Call, you've got the flunny party talks

837
01:03:01.840 --> 01:03:07.159
for us. Um, you know, thanks a lot, Carling with thanks

838
01:03:07.199 --> 01:03:12.679
a lot said, and thank thanks
everyone controlling us a pretty insightful conversation.

839
01:03:12.840 --> 01:03:17.760
Thanks you for your questions to yes, yes, yes, um, but

840
01:03:17.920 --> 01:03:23.480
yeah, looking forward to more conversations
said if you need to, If you're

841
01:03:23.480 --> 01:03:27.639
on this space and you want to
learn more about the commodities market, you

842
01:03:27.719 --> 01:03:31.119
can always reach out to us reach
out that he's a esther too, UM

843
01:03:31.239 --> 01:03:35.760
and you can also check our website. UM. Any information that you may

844
01:03:35.840 --> 01:03:39.239
need the model willing to provide.
Thanks everyone again, excellent and I think

845
01:03:39.239 --> 01:03:43.440
we're gonna try to be on this
space. We want to really try this

846
01:03:43.559 --> 01:03:46.639
Hackerton want to see that who has
won, how are they going towards that

847
01:03:46.760 --> 01:03:51.599
to win? What solutions about there? Will try to steal on topics so

848
01:03:51.719 --> 01:03:55.559
that we can just in our own
way contribute to the information space around this

849
01:03:57.039 --> 01:03:59.880
topic. It's a good, good, good good thing to do, especially

850
01:04:00.039 --> 01:04:02.559
with the new focus now that you
know the economy is you know what's the

851
01:04:02.639 --> 01:04:09.480
word now getting stronger. So when
i'man stronger, it's tightening the belts of

852
01:04:09.679 --> 01:04:14.960
the average Nigerians. So any way
we can see to improve yields that can

853
01:04:15.039 --> 01:04:17.559
bring down the cost of food,
that's going to be a savings to Nigerians.

854
01:04:17.679 --> 01:04:20.360
And we all did it, so
I'm gonna stay on this topic.

855
01:04:20.800 --> 01:04:25.239
Thank you so much folkus for tuning
in is the weekly spaces where we talk

856
01:04:25.360 --> 01:04:29.280
money, finance, and the economy
with Niclo. Has just been a pleasure

857
01:04:29.320 --> 01:04:31.800
to host you all here next week. I suspect it's going to be our

858
01:04:31.880 --> 01:04:35.800
Sunday eventing that we rotated Saturdays and
Sundays, so I'm gonna be here on

859
01:04:35.920 --> 01:04:39.639
Sunday next week. We'll also have
on the topic to talk to you guys

860
01:04:39.679 --> 01:04:43.000
about. Until then, guys,
go and enjoy the rest of your Saturday.

861
01:04:43.159 --> 01:04:45.840
I love and appreciate you, or
take it to care of yourselves and buy