Bottom of the Pyramid Scheme
By Guardian Exclusive
07 December 2017 |
8:20 am
Nigeria plans to lift millions out of poverty and one of the ways is through the Bottom of Pyramid Scheme, aimed at giving micro-entrepreneurs easy access to loans.
Related
1 day ago
Related
2 days ago
Nigeria’s Federal Competition and Consumer Protection Commission is intensifying its price monitoring and surveillance exercise across the country in a bid to address irregularities in retail prices of goods and services. Adamu Abdullahi, the acting Executive Vice Chairman and Chief Executive Officer of the Federal Competition Consumer Protection Commission, joins CNBC Africa for this discussion.
2 days ago
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
1 day ago
It is the finals before the final for the UEFA Champions League coming your way this midweek as the big four Bayern Munich, Real Madrid, Paris Saint-German, and Borussia Dortmund battle for a spot in the final of this season's Champions League. Ayomide Sotubo and Bank-Johnson Ifeoluwa on GuardianTV preview the UEFA Champions League semi-final games.
4 hours ago
The Economist unveiled its annual publication, The World Ahead 2024, under exclusive license to CT productions. The well-attended event took place on the 25th of April and featured leaders from various sectors highlighting issues and providing practical solutions for the future.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
9 hours ago
As we share the resilience and dedication of workers in Nigeria on this dedicated day, GuardianTV shines the spotlight on the pressing issue of fair compensation and also explores some other challenges of workers across the nation. We spoke with Nigerian workers and they reacted to the current 30,000 Naira minimum wage and other issues affecting the workforce.
Latest
21 mins ago
South Korea has held talks about joining a landmark defense technology pact between Australia, the United States and Britain.
31 mins ago
A court in Seattle has sentenced Changpeng Zhao, the founder and former CEO of the cryptocurrency exchange Binance, to four months in jail for violating US money laundering laws.
31 mins ago
Striking doctors in Kenya hold out as talks with the government lead nowhere after more than six weeks of industrial action.
1 hour ago
Thirty years after the end of apartheid, dozens of South Africans have set up a protest camp outside the Constitutional Court. They are demanding reparations for human rights abuses suffered under white minority rule.
1 hour ago
Josh Paul resigned from a senior position at the US State Department back in October to protest the US position vis-à-vis Israel's war in Gaza.
1 hour ago
Riot police fired tear gas and used pepper spray to disperse protesters who had gathered outside parliament where lawmakers were debating a 'foreign agents' bill that could undermine the country's ambition to join EU
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
1 Comments
The bottom of the pyramid schemes
presentation, is at best mediocres and badly thoughts-out.
The two separate pictures displayed are controversial: one showing a group of well dressed with checks in their hands, and while the second showed a very poor neighborhoods probably copy paste from Google.
The presentation does not justify the huge amount mentioned. Because there was no pyramid chats to explain how the poorest are actually benefiting from the scheme.
Undoubtedly, the money will go down the drain because it is not well managed.
Also, the very poor for which the scheme is focused on are not in the pictures. They should be able to tell Nigerians the benefits of the scheme in their lives.
We will review and take appropriate action.