@Morris_Monye Will more likely to be much lower. People within that age in Nigeria are already out there hustling. Probably staying with friends or relations both nuclear and extended.
@asemota On point. One common scam comes from equating high price to luxury. Never the same thing. It is usually painful seeing influencers on social media positioning very mediocre products as luxury. High quality must come first. Tell me about fake expensive drinks in 'luxurious' bars.
I have a friend who calls himself “King of Nigerian Luxury,” and he's likely the biggest in that space, as his clients are at the very top and he's made a fortune from his business. He has done well from it, and it shows.
He was never poor as a child. His parents owned a printing business that was almost a monopoly in my hometown, and he was always wealthy. He is selling products he understands to a clientele he networks with. He is not interested in large markets, and demand for his products outstrips supply.
My cousin also sells luxury household goods, and his shop is in Ikoyi. He was also never poor and grew up affluent. His product targeting is on point, and his business growth has come from people who may not be very wealthy but want to use high-quality products. He is also doing well.
I was thinking of education as a luxury product, and the thought hit me that you can't really sell luxury if you don't know what it is. The two examples I gave above are of people who sell very high-quality products that they know because they have lived and thrived within communities that desire them.
They are both Edo boys from Benin City, the land of proud people, but even within my hometown, there was a very pronounced class distinction. These were people who lived at the very top and were given the best education. Can someone who has not experienced the best education create a luxury brand in education? It is possible, but it will be hard.
Interestingly, my cousin who sells luxury household goods owns a Montessori school in Lagos. His faculty is largely comprised of foreigners from the Philippines. He didn't attend such a school, but while trying to get a school for his toddler son, he realized there was a business opportunity.
He hired the best to build a high-quality school to attract the best clientele in Nigeria who could afford the fees, enabling him to hire and keep the best people. He also put the school in a great location, close to the clients, and provided the best accommodations for his staff. It is a self-reinforcing quality-and-luxury loop.
I have been in training for a long time. Our first courses were an adaptation of the course my uncle attended at First Chicago Bank on Credit Analysis. He localized it, and it worked. We trained many bankers who became the best in their profession. He also started Mayo Associates, which was the best Nigerian accountancy and banking training school in the 80s. I did my NYSC year there and learned a lot.
MAYO was so good that the students from the school won most of the prizes in the ICAN (Institute of Chartered Accountants of Nigeria) and the Institute of Banking professional exams. Those results were due to the quality faculty.
My uncle was the first black man to lecture at the Emile Woolf College of Accountancy in London and was an accounting prodigy at a young age. He also had a stellar banking career. He was a bank MD before he turned 40. His friends who joined him to start MAYO were also stars. They got the best UK partnership with BPP, and all of that created an excellent institution that attracted the best from audit firms and banks.
MAYO wasn't even a luxury institution, but it was a high-quality one. Maybe the goal is to strive for a high-quality institution first, not necessarily one that is a luxury product factory. Luxury and quality go hand in hand, but quality comes before luxury. You can't sell luxury products if they are not high quality, and low-quality people cannot produce high-quality output.
Luxury or expensive education is 50% high-quality faculty and facilities, 50% legacy and branding, and 100% quality.
THE VALUE OF EDUCATION!
In recent weeks, I was in Dubai and Egypt. Throughout the journey, I picked up my laptop and worked, drafting legal documents, drafting legal grounds, making legal representation, and some applications. I made some money whilst doing that by just moving my fingers on my laptop. My wife was also on her laptop. She earned her degree at age 47 after raising our three children.
I reflected on my life and decided to pursue a law degree after having two children. I worked at night and studied during the day. I paid my university and law school fees privately from my earnings and with my wife's support. Some people laughed at me, saying I was too old and that I might not get a job due to my age. I ignored them and forged ahead. I saw tomorrow ahead.
Today, they are tired and retired, whilst I am enjoying my best years at the same age as them. Listen closely, education is not a scam, and your qualifications will start working when your friends who relied only on their strength and energy have become tired. Even if you don’t need the qualification now, have it regardless. Iwe maa n sise nigba to ba ti re alagbara (education starts working when the powerful people who rely on strength become tired.
Business can collapse. Money can grow wings and fly away. One can become sick and be unable to move around, but one can work with one's brain. Your brain is the good part that no one can take from you. You can take your brain everywhere you go.
It is not too late to be educated; do not abandon your education or your plans because you are making money today or because your friends are making money. What my friends were making then is peanuts compared to my hourly rate now. I hope this helps someone.
My name is Dele Olawanle. I am a coach. I think, write, and speak to improve lives. Share this post. Follow me for more insights and inspiration. #deleolawanlesnuggets
@winexviv@Urchilla01 Congratulations Alex. Great work you have done. A new dawn beckons. The life those kids will never remain the same. Congratulations to the champions! Their teachers! Their parents! Their schools!
The wait is over.
We have 2 golds: Chimdiebube Onwubiko and Don Anele Munachimso.
We are the best in the world!
Egejurum Onyedikachi’s name was omitted. He should have a gold.
There is a false tribal narrative being circulated claiming that we dropped a Yoruba child to replace him with an Igbo child for the International STEM Olympiad in Rome.
That claim is completely false.
This is the full live stream of the 2026 South East Maths Olympiad Grand Finale, where the winners emerged. Our selection process was conducted publicly because we believe transparency is the best way to protect integrity.
We deliberately stream our competitions live so everyone can see how winners are determined. Our goal is simple: ensure that the right children win based on merit, not ethnicity, religion, connections or influence.
We are building a generation that believes hard work is rewarded. Merit is not negotiable.
Watch the full Afia TV live broadcast and judge the process for yourself: https://t.co/hByUPQkdQv
Nigeria's children deserve better than tribal propaganda. They deserve fairness.
For 10 years, I had a running battle with the immigration authorities in the UK, and my wife even surrendered her British passport for that period. She did not travel out.
She took care of us, paid the rent, and told no one about it. She did not threaten me with the police or immigration because she was a British citizen. We had disagreements, but she never threatened me. I was the one telling people how she supported me during my period of trials. She never mentioned that to anyone, including her parents.
I am amazed these days that people on a student or skilled worker visa think that once they have an issue with their spouse, the solution is to remove them as dependants. I am not even talking about settled or British citizens.
Today, she is reaping the rewards of her patience, love, and faithfulness.
If you are the one maintaining your family today, don’t brag, don’t threaten and don’t abuse your spouse. Tables do turn, and you will reap what you sow. Let love win. Today, I have become an ‘institution’ with the support of my dear wife, and she is enjoying the fruits of her support in those dark days. It is now your turn; don’t mess up.
My name is Dele Olawanle. I am a coach. I think, write, and speak to improve lives. Share this post. Follow me for more insights and inspiration. #deleolawanlesnuggets