If after 4 years, this administration does not fix electricity (at least 12 -18 hours per day), with the removal of fuel subsidy, an extension of the tax net, and the Siemens deal of the past Administration.
It is a FAILURE.
This is 2023 for Godsake!
https://t.co/uCaoqRF9JU
Fascinating history!
My dad was actually a second-generation mortice lock trader. He apprenticed under Mr. Okafor, who, along with Chief Nwaneri, pioneered the trade by dealing with the British and John Holt.
My dad did his apprentice (Igba-Boi) under Mr Okafor, became one of the best in his field, back when weddings featured black suits and European priests.
Unfortunately, the Biafran war changed everything. The Onitsha Main Market was burned to the ground, and he lost it all.
Post-war, many traders relocated to Lagos, creating the tight ecosystem we see today where Idumota and Onitsha businesses are deeply intertwined (even the father of oil magnate Obijackson started with a tools business in Onitsha).
There are certain very famous streets in Fegge called Oraukwu street. All the famous Igbo business men have some connection to this street.
Knowing this history helps me understand the unique mindset of these traders. It’s all connected.
In fact, the tradition is still alive, one of my cousins runs a highly successful operation with a factory in China. However, he still manages his inventory using old-school notebooks.
I even built a custom web app to help him modernize, but he won't budge. Onitsha traders are notoriously the final frontier for tech adoption!
Very early in my consulting days, I had to set up systems for two Idumota traders in Lagos on the recommendation of Cali Ubajaka, aka Agary of Izu Chukwu. The first guy was Ogbuefi Mozyk, and he was extremely smart. He caught on to the tech buzz and quickly became productive with it.
He was the largest importer of mortice locks in the market at the time, and doing his planning with a spreadsheet changed the game for him.
The second guy was in a similar business of selling padlocks, and he was one of the most eccentric people I had met. He believed strongly in mysticism and had all these Indian statues and incense in his shop.
At first, I was not bothered, as I found it amusing and wanted to concentrate on showing him what tech could do for him. He wasn't interested and told me to train his secretary. A young lady who knew very little about his business; it was a frustrating experience, and I eventually left them.
Recently, I started thinking and finally understood why the guy was that way. He was doing much better than others in the market, and all other traders looked up to him. They probably also feared him because he believed in mysticism and the occult.
I didn't buy any of that and tried to understand how I could help his business based on my experience with the previous two traders I had worked with. Almost 35 years later, I finally understood what he was doing. He was creating a myth as a moat.
I would come into his office, and that was when he decided to worship his gods. He didn't do it when I wasn't there. He was trying to scare me in case I somehow knew too much about his business. His secretary also saw through it all. She was probably the only person in the market who wasn't scared of him, and they were related.
He definitely believed most of it, but the performance and others' belief that it was the source of his success were likely more important. They could not figure out his secrets. It was also how he controlled his supply chain, to whom he extended a lot of credit.
It is amazing how the mind works. I had forgotten about this guy until I was talking to a founder about how she could extend credit to smaller businesses, and I realized they had to fear her to pay on time.
If she isn't threatening enough, defaults are inevitable. It also helped me unlock something about some of my family members and how they thrived in trade. There was more fear than respect in their relationships. This is Africa. Myth is more important than the law. It is also why banks make a public spectacle of loan defaulters.
Iraqi striker Ayman Hussein flies 12 hours to the United States, lands in Chicago, and is then detained for 7 hours by authorities for questioning.
Not a single news outlet sharing this btw
Everyday I read something that makes me less excited for this World Cup. Shame on FIFA for picking such cruel and greedy hosts.
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He is not the smartest person in any room, but he is also not foolish.
He can obviously read and speak English.
The problem I see here is that of failure on his part to read and digest this speech written for him by an aide before the time he presented it to the gathering.
Guys please our method is already working, even market women are now rejecting rice from government. We need this to go viral again let’s educate more of them. 🙏❤️
@FinPlanKaluAja1@am_juelz Everyone should be concerned with the state of insecurity in Nigeria. Different terror groups banded together in Mali recently in attacks that led to the death of their defense minister. Can the authorities rule out the possibility of similar brazenness in Nigeria?
@FinPlanKaluAja1@Chysohm I usually believed Benin Republic is a safe Haven because I have family there.
Guess where the Ibadan kidnappers want the money paid to? 😂🤣😅
Now, I need a plan B, C and D
@FinPlanKaluAja1@am_juelz Exactly what people in Lagos and Abuja are thinking but they are only a few minutes of bike ride (terrorist common mode of transport) away from the dreaded forests.
Monrovia is even far. Khartoum happened just in 2023. One day, people casually went about their merry day in their capital city; the next day, a civil war broke out and folks rushed to the airports, but where are you going?
Foreign embassy staff reportedly shredded/tore up passports in their possessions and fled back to their own countries, leaving people stuck without passports and no visas.
Back in the day, I had a friend from Liberia.
Her parents were upper-middle-class and lived in Monrovia.
She said they woke one day to find rebels at the doorstep of Monrovia, and there was a mad dash to the airport. She said a country had sent planes to evacuate its citizens from Liberia, but the Liberians were buying the seats on those planes to escape.
Her parents could only afford to send her; she never saw them again.
I asked, “This war didn't start in one day; why didn't you leave earlier?”
She said, “We simply heard about an attack here and there and never assumed it would come to Monrovia.”
That awkward moment at FUTO Convocation, this is why some politicians stay away from lectures.
🤣🤣🤣🤣🤣 Increasing whaaaat
~ Imo State governor Hope Uzodinma
The reason why sharia law is being pushed in Yoruba land is because Fulani will eventually have full access to Yoruba land.
All our Obas will become Emirs since they are not Muslim enough then Fulani will be installed to rule.
Finally you become slaves!
THIS WILL NEVER HAPPEN.