This question is based on ‘The Lekki Headmaster’. How did Bepo view the transportation business in comparison to farming or retail businesses?

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This question is based on ‘The Lekki Headmaster’.

How did Bepo view the transportation business in comparison to farming or retail businesses?

  1. He saw it as more profitable.
  2. He found it less risky and easier to start. ✓
  3. He thought it would be more difficult to manage.
  4. He considered it too competitive.

Explanation

Agriculture was Nigerias economic backbone before oil. Still employs majority of workforce but contributes less to GDP than oil. Subsistence farming dominates; commercial farming limited.

Challenges: low productivity (outdated methods), poor infrastructure (roads, storage), inadequate credit, land tenure issues, climate change, farmer-herder conflicts. Food imports high despite agricultural potential.

Development strategies: mechanization, improved seeds/fertilizers, irrigation, extension services, market access, processing facilities. Diversifying economy away from oil dependence requires reviving agriculture.

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