The only things that can probably reduce poverty in Nigerian is if many people have go back to farming crops and am sure this will reduce price of many things, but this days no one want to farm again they are looking for fast money, and that is what is affecting some of our youth and later they scam them online because they need quick money without hand working.
Lol do you own a farm? Or have you tried to ask most of the farmers who stopped farming why they did? The country might seem like everyone is running away from some major aspects of production, but try and ask them why it's so. Take for instance in my state, where majority of the big famers can no longer go into their farm locations why because a lot of farmers have lost their lives to the hands of kidnappers and Fulani herds men.
All of these together are some major reasons why most Nigerians are scared to farm. They are others but then this is the major reason, insecurity. Our government don't care, they even sponsor these criminals with food and weapons, trying to control the masses. You can imagine what we suffer in the hands of a government who claims to be solving the problems of the economy. The other time, we heard how a politicians helicopter was spotted in the same forest where bokoharms gang members were residing. They supply these people weapon that even the security officials like army or police don't own.
Again, yes farming might be a way to help provide money to purchase your BTC, but to me a farmer should invest his money back into the farm . its not a bad idea to invest in crypto but some money should be used for what they are meant for..
You are right. There are several reasons behind farmers in Nigeria ceasing farming, such as insecurity, climate change, economic crisis, etc.
Insecurity: Northern Nigeria has long been plagued by conflicts between farmers and pastoralists over land and land rights. The violence in northern Nigeria reached a peak in April 2025, killing about 150 people and forcing thousands to flee their homes and farmlands in Plateau and Benue states.
Climate Change: In Nigeria, farmers have lost a large amount of agricultural land due to excessive rainfall, drought and floods, causing huge losses to farmers, and many farmers have complained that they have to pay three times more for fertilizers, pesticides, seed, than before. Overall, the farmers' sense of producing crops is decreasing day by day.
Economic crisis: The Nigerian government launched a program in 2023 to these problems, but the problems have not been resolved. To increase the interest of Nigerian farmers in agricultural work, they must be given increased economic support and it is very important to ensure proper regulation of agriculture and proper implementation of climate change measures to ensure security.
But it is true that you can buy Bitcoin with some of the money you have saved by earning money by farming. One thing we keep saying is that buy Bitcoin with money you can afford to lose. Bitcoin is not a get rich quick scheme, you have to be patient for the right time to succeed by investing.