Nigeria is the most populated black nation in the whole world and most populated in Africa. It is a country blessed with diverse mineral resources and other money making God-given resources. Tin, precious stone, coal, gold, crude oil, ore and so many other things are found in commercial quantities in Nigerian state, maybe with exception of gold.

Also, Nigeria is blessed with human resource. Nigerians are known to be successful in all facets of life all over the world. In Europe and America, Nigerians are successful in businesses, medical and teaching professions.

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Above all these, however, Nigeria is still a developing country with more than half of her population living below poverty line. The reason for this is not far fetch as they are always staring at our faces as countrymen but it appears we lack capacity to deal with them. Some of the causal factors are among others unclude:

• Bad leadership

• Disunity amongst the ethnic nationalities in Nigeria.

• Colonial legacies

• Long period of military rule

• Neglect of education by the government

• Mono-economy

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All these and many more had contributed to perpetual under-development that had bedeviled the country.

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Effects Of Steemit On Nigeria

Steemit is a new generation social platform that pays bloggers for posting quality content. This platform has consistently fulfilled her white-paper claims on the users. Users who played according to rules had built financial muscles on the platform and had always smiled to the banks. The simple rules to obey amongst others include:

• Avoiding copy and paste

• Carefully and consciously providing links to pictures and other people's intellectual property

• Avoiding all forms of scam antics or promotion of any scam message.

Today, steemit is making waves in Lagos and Abuja, and gradually moving into other parts of the country. Many Nigerians are signing up accounts, and with the ideas of Nigerian forerunners on steemit who have discovered the discouraging factor and proffered solution, the interests of people are being built up.
For example, the challenge of funding steemit account has been solved by @airhawk-project on telegram. Here, people use their local currency, like Naira to buy steem backed dollar (sbd) or steem to fund their account.

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Also, it is no longer a complex process for people to change their earned sbd or steem to local currency. People get into the open market and source for buyer by announcing their intentions to sell their steems or sbd. With this, deal is struck with a buyer, and escrow management comes in between as an independent body to ensure honest transaction. This is done without charges. It is all about creating a free and easy environment for our people to participate on steemit.

In the nearest future, Nigerians will have full knowledge of steemit and its operations. Though, many complain of low payout which is expected as good things don't come easy. Others still struggle with cost of data which is high in this part of the world.
However, all these will gradually fizzle out as knowledge on the operations of the platform is improved. This takes time. Consistent and patient users are usually success candidates on steemit.
Part of what @steemitdotcom on telegram does is to sensitize this set of people to cultivate the needed values that guarantees success on steemit. Nigerians and Africa at large are already enjoying this benefit.

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How Steemit Will Affect Nigerian Economy

1. Many Nigerians who have access to steemit have been exposed to blockchain knowledge. This, no doubt, is a modern knowledge which is still elusive in third-world countries. However, people write on this concept on steemit on daily basis exposing others to this knowledge.

2. Steemit has become an alternative source of income to users. Not minding the low payout newly registered users record, steemit remains an additional source of income. Nigeria is characterised with high rate of unemployment, underemployment, and low per capita income. Thus, Nigerians can tap from steemit benefits to upgrade an argument their slim opportunities.

3. Steemit has provided Nigerians opportunity to meet people and make quality friends. Unlike other social media, steemit is made up of intelligent and business minded people, not just hedonists. Those who have carved a niche on steemit are people who have gone through thick and thin and can be count on.

4. It is important to note that many, including I, have developed writing skills courtesy steemit. The desire to write an article that can attract people's attention has made many to devote time and energy in the work. Many attimes, one experiences writer's block, but efforts are made to come out of it. Practice, they say, makes perfect. Many are indeed improving in their writing skills all to get approval and upvote. By so doing, one can become a good writer.

5. People have been exposed to diverse knowledge. Bloggers on steemit write on different topics addressing different issues of life. For examples, posts are made on relationship, current news and updates, cryptocurrencies, health issues and many more. Nigerians will be exposed to these diverse knowledge which will in turn influence their lives.

The benefits of steemit on Nigeria can not be over emphasised in our socio-economic and cultural life. Thus, it is everybody's business to sensitize others on steemit and its operations.