Omoafe

...a man helped by God....a learner, a builder, searcher....

[Omoafe @omoafe]

@NurseVictoria01 @SolaTheAnalyst So true

[Omoafe @omoafe]

@ObaNaughty @JosephOTegbe Fair enough

@officialABAT For a sector that has so much impact on Nigerians, why is there a one month gap between screening/confirmation of the Power Minister by Senate & swearing in? Isn't this a task the VP can undertake if the President is unavailable/busy with other duties?

[Omoafe @omoafe]

@afropolitan This is a sector i have interest in

A must watch for me

[Omoafe @omoafe]

@Oando_PLC Curious

[Teddy Blank @teddypowday]

Your CEO should be strong.

Your CTO should be wise.

Your COO should be wicked, cunning, of mysterious origins, fluent in the dark arts, blurry in pictures,

[Omoafe @omoafe]

@AgoraPolicy @thecableng @Waziriadio @macfound @simonkolawole Gas Supply/over dependence issues at the Generation level

Capacity Contrainst and Reliability issues at the Transmission Level

Collection/Billing issues at the Distribution level

Each section of the value chain has challenges

[Omoafe @omoafe]

These are the issues

Nigeria has ~28 Power Plants that feed its National Grid. Majority are Gas-fired

Only about 5 of these have a Plant Availability Factor of >50% in the month of April (@NERCNG)

How can Nigeria get gas today(or in the near term) to fire its Power Plants?

[Omoafe @omoafe]

This is a very comprehensive research

[Agora Policy @AgoraPolicy]

🚨 New Publication Alert

Our latest Policy Memo examines why Nigeria's 2013 power sector privatisation has failed to deliver on its promise and calls for structural reforms, not just tariff adjustments, to reposition the sector for better performance 👇🏾

https://t.co/39PzwHN7zX

[Omoafe @omoafe]

"Take a break, if you must. But keep going"

[Rufybaba @Rufyb]

Local talent pipeline.

The localisation of leadership at multinationals operating in Nigeria is an interesting development. Unilever recently appointed Tobi Adeniyi, a homegrown Unilever Future Leader from 2009, as Managing Director, replacing Tim Kleinebenne.

PZ Cussons too has appointed Oghale Joseph Elueni, a University of Ibadan graduate, as CEO.

The curious question is "why now?".

My sense is that there are three broad considerations:

✑ Cost reality: Expatriates packages, including housing, schooling, hardship allowances, repatriation, etc. are all in hard currency, and they now cost a ton of what they used to cost five years ago. Meanwhile, revenue remains in Naira.

A seasoned local hire on a naira-denominated package is better economics that will help margins.

✑ Maturing talent pipeline: Tobi Adeniyi joined Unilever as a "Future Leader" in 2009, roughly fifteen years of grooming. PZ and other multinationals ran similar graduate-to-leadership schemes through 2010. That pipeline is coming of age now.

✑ The realities of the current operating environment: The Nigerian consumer economy has been brutal lately. I mean, we see issues like inflation squeezing volumes, FX scarcity choking imported inputs, several multinationals restructuring or exiting categories, etc.

Therefore, what you typically see is the board tending to favour leaders who deeply understand the local terrain, in the context of distribution, regulators, informal retail, etc.

This is a good opportunity to demonstrate capacity. Wishing the top guns all the best.

[Eche Emole 🅰️🌶 @Echecrates]

Gianni's don't play about his money just like a Nigerian 😂

[Omoafe @omoafe]

@asemota Once i was eating fish and observe the pattern/design of the bone

There is no way that is random and made by some big bang

Carefully crafted

[Omoafe @omoafe]

@olumidecapital This is part of the issue

President Tinubu seems to be a student of Reaganomics who believe in trickle-down economics - pursue economic policies that favor the upper tier which then should trickle down to all

Maybe it works in the US but would it work for Nigeria

[💎 @hovita05]

Jay-Z’s FULL 3 Minutes freestyle.

[Proshare @proshare]

The Nigerian Exchange (@ngxgrp) has suspended key trading rules ahead of its landmark shift to T+1 settlement, effective June 1, 2026.

What's changing:
. Contract notes must now be issued same-day (down from next trading day)
. Foreign investor confirmations within 1 hour of market close
. Post-trade allocation window slashed from 2.5 hours to just 30 minutes

The move aligns with the Investments & Securities Act 2025 and is designed to boost market efficiency, strengthen liquidity, and build investor confidence.

Read more: https://t.co/Zs3213dYkz

[Omoafe @omoafe]

@TheTolu_A Sorry about that, Tolu

[Omoafe @omoafe]

Nigerians - "We need fresh ideas"

Sowore - 👇

[ARISE NEWS @ARISEtv]

If I Become President Tomorrow, My Minister Of Defence Will Be A Drone - Sowore

Short-term, we must tackle insecurity head-on by pursuing and neutralizing bandits through coordinated operations, backed by modern equipment, technology, and strong intelligence. We need honest, accountable security leaders focused on real protection, not politics or distractions, and a military and police force capable of proper strategy, not misuse of power or trivial arrests. A central control system will be established to track threats in real time and respond swiftly to dismantle criminal networks and secure the country.

Omoyele Sowore, Presidential Candidate, African Action Congress

[Omoafe @omoafe]

Energy and Data are the two critical pillars of AI

[Omoafe @omoafe]

Changing the "Broadband" box to "Electricity"