Opinion
Beyond Post-Retirement Euphoria
Everyone approaching retirement from service, be it in the public or private sector, contemplates a better life, though not the ‘Better Life’ as conceptualized by the late Maryam Babangida, but a better life for themselves and probably for their household.
He goes a step further to choose a trade he could engage in and probably amass all the wealth he could not afford to access all through his years in service. At this stage, supposed to be the planning days, his thought is predominantly guided by the anticipated ‘much’ gain he stands to make, the ‘how’ to bring about the proceed matters less if at all.
Fortunately, many of these retirees always settle for farming as their post-retirement resort, probably because they must have had friends, relatives or neighbors who own farming ventures, they must have also seen them roll out their proceeds in thousands and may have as well in their own way unraveled how much money they rake in monthly, but never saw any meaning in placing the monthly returns side by side with the monthly expenditure.
The retirement finally dawns and retirement package handed over to the retiree. Wao! What an enormous package? What an eventual heaven on earth at last? The exhaustion of this package, of course, is never envisaged. And guess what, apart from the usual initial spending spree that announces a boost in one’s financial status, one’s adventure into a post-retirement life or resort begins as he simply approaches an older hand in his chosen field of endeavour. All that matters to him is the physical resource requirement for such trade and probably the financial involvement. All these pose no threat at all, after all, the money is there.
The writer has not chosen this issue to make jest or mockery of retirees; it has rather become a matter of concern, given the spate at which retirees pick up a trade after retirement only to abandon it in a hurry as though it was too hot for them to manage. This has led concerned minds to asking how much of the trade did they know before they undertook it; was there no feasibility study?
Much as we believe that money has a spirit, we were also told that spirits are under the control of their masters and are therefore subservient to them too. If that be the case, why will any mature adult whose retirement did not come unannounced, not take time to plan for how to manage the leaving package at his disposal, knowing full well that monthly salaries have become history?
According to G. T. Williams, “Modern economic pressures are such that no one could contemplate a future in farming until he first acquires a reliable up-to-date knowledge in every aspect of animal husbandry”. Like every field of endeavour, poultry farming is one sector of farming which requires more than any other, a careful application of managerial expertise, if one’s capital investment is to be safeguarded and profitable returns expected.
The usual orientation of backyard poultry predominant in the western region of Nigeria, has beclouded many potential farmers’ sense of reasoning, leaving many with the psyche that poultry business is an all-comers affair; one that could be started at anytime, anywhere, without adequately determining the cost of commitment.
This has not just led to an abrupt abortion and abandonment of many such ventures, but had in most cases devastated many homes which had put in fortunes out of their retirement benefits just to make ends meet through poultry farming. However, if we must get it right, then the words of some philosophers which state that “potential masters are known by good stewardship” must not be undermined.
The quest and crave to make quick wealth have rendered many financially crippled, as they prefer to adopt the tricks of the trade instead of acquiring the skills of the trade. Is it not more honourable to teach and have mastery than to cheat and die in misery?
There is every need to be more careful when life earnings are at jeopardy, especially when we realize that the steps taken to realize a goal can either make or mar the eventual achievement of such goal.
If the thought of G. T. Williams be anything to go by, then, how much knowledge of any trade a potential undertaker has, must be a prerequisite entry requirement into such trade.
Obviously, the level of acquaintance any potential businessman should have with his business of choice, must go beyond the mere spelling and pronunciation of such business name as is the case with many. This, of course, does not condemn any partnership arrangement where supposed experts are co-opted to build a business from where the ignorant owner could learn.
To many potential retirees with poultry farming as a post-retirement resort, that is no less a noble idea but the need to guard one’s loins against the storms becomes imperative especially when huge life savings are involved.
Sylvia ThankGod-Amadi
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Empowering Youth Through Agriculture
Quote:”While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries”.
The Governor of Rivers State, Sir Siminalayi Fubara, recently urged youths in the Rivers State to take advantage of the vast opportunities available to become employers of labour and contribute meaningfully to the growth and development of the State. Governor Fubara noted that global trends increasingly favour entrepreneurship and innovation, and said that youths in Rivers State must not be left behind in harnessing these opportunities. The Governor, represented by the Secretary to the State Government, Dr Benibo Anabraba, made this known while declaring open the 2026 Job Fair organised by the Rivers State Government in partnership with the Nigeria Employers’ Consultative Association (NECA) in Port Harcourt. The Governor acknowledged the responsibility of government to create jobs for its teeming youth population but noted that it is unrealistic to absorb all job seekers into the civil service.
“As a government, we recognise our duty to provide employment opportunities for our teeming youths. However, we also understand that not all youths can be accommodated within the civil service. This underscores the need to encourage entrepreneurship across diverse sectors and to partner with other stakeholders, including the youths themselves, so they can transition from being job seekers to employers of labour,” he said. It is necessary to State that Governor Fubara has not only stated the obvious but was committed to drive youth entrepreneurship towards their self-reliance and the economic development of the State It is not news that developed economies of the world are skilled driven economies. The private sector also remains the highest employer of labour in private sector driven or capitalist economy though it is also the responsibility of government to create job opportunities for the teeming unemployed youth population in Nigeria which has the highest youth unemployed population in the subSahara Africa.
The lack of job opportunities, caused partly by the Federal Government’s apathy to job creation, the lack of adequate supervision of job opportunities economic programmes, lack of employable skills by many youths in the country have conspired to heighten the attendant challenges of unemployment. The challenges which include, “Japa” syndrome (travelling abroad for greener pastures), that characterises the labour market and poses threat to the nation’s critical sector, especially the health and medical sector; astronomical increase in the crime rate and a loss of interest in education. While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries.
While commending the Rivers State Government led by the People First Governor, Sir Siminilayi Fubara for initiating “various training and capacity-building programmes in areas such as ICT and artificial intelligence, oil and gas, maritime, and the blue economy, among others”, it is note-worthy that the labour market is dynamic and shaped by industry-specific demands, technological advancements, management practices and other emerging factors. So another sector the Federal, State and Local Governments should encourage youths to explore and harness the abounding potentials, in my considered view, is Agriculture. Agriculture remains a veritable solution to hunger, inflation, and food Insecurity that ravages the country. No doubt, the Nigeria’s arable landmass is grossly under-utilised and under-exploited.
In recent times, Nigerians have voiced their concerns about the persistent challenges of hunger, inflation, and the general increase in prices of goods and commodities. These issues not only affect the livelihoods of individuals and families but also pose significant threats to food security and economic stability in the country. The United Nations estimated that more than 25 million people in Nigeria could face food insecurity this year—a 47% increase from the 17 million people already at risk of going hungry, mainly due to ongoing insecurity, protracted conflicts, and rising food prices. An estimated two million children under five are likely to be pushed into acute malnutrition. (Reliefweb ,2023). In response, Nigeria declared a state of emergency on food insecurity, recognizing the urgent need to tackle food shortages, stabilize rising prices, and protect farmers facing violence from armed groups. However, without addressing the insecurity challenges, farmers will continue to struggle to feed their families and boost food production.
In addition, parts of northwest and northeast Nigeria have experienced changes in rainfall patterns making less water available for crop production. These climate change events have resulted in droughts and land degradations; presenting challenges for local communities and leading to significant impact on food security. In light of these daunting challenges, it is imperative to address the intricate interplay between insecurity and agricultural productivity. Nigeria can work toward ensuring food security, reducing poverty, and fostering sustainable economic growth in its vital agricultural sector. In this article, I suggest solutions that could enhance agricultural production and ensure that every state scales its agricultural production to a level where it can cater to 60% of the population.
This is feasible and achievable if government at all levels are intentional driving the development of the agricultural sector which was the major economic mainstay of the Country before the crude oil was struck in commercial quantity and consequently became the nation’s monolithic revenue source. Government should revive the moribund Graduate Farmers Scheme and the Rivers State School-to-Land agricultural programmes to operate concurrently with other skills acquisition and development programmes. There should be a consideration for investment in mechanized farming and arable land allocation. State and local governments should play a pivotal role in promoting mechanized farming and providing arable land for farming in communities. Additionally, allocating arable land enables small holder farmers to expand their operations and contribute to food security at the grassroots level.
Nigeria can unlock the potential of its agricultural sector to address the pressing needs of its population and achieve sustainable development. Policymakers and stakeholders must heed Akande’s recommendations and take decisive action to ensure a food-secure future for all Nigerians.
By: Igbiki Benibo
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