@TheMakidaMoka You deserve to be congratulated. Knowing that something is wrong but not being able to put a finger on it is torture. I wish you a safe and speedy recovery
You cannot get Nigerians to "fight for their rights", they do not understand that they even have "rights" to begin with.
I am trying to explain to them, that as a consumer, a service provider should not abruptly stop providing services (with no proper notice) - as you all have certain "consumer rights".
Their responses are something along the line of;
We are collectively terrible people, bla bla bla bla.
But even if you are all "collectively terrible people" - do you not have "rights as consumers"?
This illogical, defeatist thought pattern - largely driven by a crippling inferiority complex, is why Nigerians seldom accomplish anything as a collective - both at home, and abroad.
Anyway, believe whatever you want, I am out of this discussion.
This 3 min video of Nepal Flood, captures what became the last 3 mins for a many people in a small city and Trishuli Bazar.
Everything disappeared in a flash. People, old and young, ran wherever they could, trying to escape the raging and imminent death.
Schoolchildren ran som were still inside buses some running on the strret,as panic spread through the market. Shopkeepers and residents had little time to save anything. Houses, shops and vehicles were swept away, leaving behind mud, broken structures and scattered belongings everything floting like a paper boat.
For many, everything they had built and owned was gone in the blink of an eye. People ran for life, while tryingbto look back, watching helplessly, as the bustling market got buried completely.
In anything you do in life, don't get used to crumbs. Make no mistake, theyโll times we may be forced to accept crumbs to move ahead, but make sure you are aware it is crumbs, and you deserve better. And if you accept crumbs for so long, you may start seeing it as normal.
not to make this a Peter stan account but another reason I respect that man:
1. Marrying Lola who is older than him, in fact older that Jude too
2. Standing up for her every single time
sorry but statistically, an Anambra man doing even one of the two above be like 2% lol
Today I came to terms with the idea that there may be no future for me in the Nigerian film industry.
We may never attain distribution & monetisation systems and infrastructure required for success in my lifetime.
Ultimately, it may not be worth the fight.
The only way to end this argument is to use data. People should Google the Netherlands' population density and compare it to anywhere in Africa.
Yet despite that number, have you ever heard anyone refer to the Netherlands as "overpopulated"? And if not, why?
Argument over.
You can't ask people to behave responsibly when the government has failed to provide basic services, enforce the law, or create a system that supports responsible behaviour.
Nigeria generates over 32 million tons of solid waste annually, but the formal waste collection rate in most Nigerian cities is less than 30%.
Police officers, Federal Road Safety Corps (FRSC), and state traffic management agencies consistently rank as the highest recipients of cash bribes in the country.
Nigeria has a population of over 220 million people, yet the national grid historically hovers between generating a miserable 4,000 to 5,000 Megawatts of electricity.
Over 70% of healthcare expenses in Nigeria are paid strictly out-of-pocket by citizens because the national health insurance coverage is abysmal.
The best advice I heard from a stranger was this: give luck more opportunities to bump into you. Leave the house, take a different road, travel, say yes to new experiences. The more you do, the more life surprises you in the best ways.
The difference with the bottom-up approach is that instead of using a large population, you start with individuals or smaller units and hereโs how Iโd use that approach:
- Iโd assume a small kiosk or neighborhood shop sells 10 bulbs per day
- Iโd then assume they open 6 days a week. So in a year thatโs 6 * 52 which is 312 days
- so one shop sells 3120 bulbs in a year.
- assuming in the whole of Ghana, there are 5000 such shops
- thatโd become 5000 * 3120 which is 15.6 million bulbs
- Iโd then assume that supermarkets, wholesalers, online channels, and commercial distributors sell about 80% of that. Thatโs an added 12.4 million bulbs
- in total thatโs 28 million bulbs sold in Ghana per year.
Overall, just know the 5 required steps:
Clarify the problem
Breakdown (assumptions)
Solve
Calculation
Summation (and a discussion of why you might be wrong (or right)).
This is called a guesstimate or market sizing question! We were taught in first year of undergrad.
There are 2 approaches:
1. The Top-Down Approach (The Funnel)
2. The Bottom-Up Approach (The Building Blocks)
Here is how to solve it using either approach:
With the Funnel, you start with a large, known population and filter it down using logical assumptions.
So with this question Iโd
- start with an estimate of Ghana's total population which is around 30 million
- then Iโd divide by average household size using 4 people per household. It then becomes 7.5 million households
- then assume that not every household has electricity, so maybe about 75% of the households do. Thatโs 5.6 million
- then assume that a home has an average of 6 bulbs (one sitting room, two bedrooms, one kitchen, one bathroom/toilet, one outside)
- then assume they replace 50% every year, thatโs 3 bulbs bought each year by each household. Thatโs 3 * 5.6 million. Thatโs 16.8M bulbs
- but there are also non residential buildings. So Iโd use a factor of the household number I already estimated. Say 25%. So 25% of bulbs bought by households are also bought by offices, streets, churches, schools, shops etc. Thatโs an additional 4.2 million bulbs
- then sum those two together. Thats 16.8 million + 4.2 million. Thatโs 30 million bulbs each year.
The trick is to be logical, make clear assumptions, and explain why it makes sense. There is no single correct answer. Just the correct analytical method and reasoning.
Can also walk through the bottom-up approach if itโs of interest.
Africa is not being underestimated by anyone. That is a dangerous misconception that I once had.
What is actually happening is that Africa is being deliberately underreported and suppressed from mainstream global news cycles because some powerful people need to keep it a secret that their dominance over the global economy as we know it is entirely built on extracting 100 for the price of 0.5 from Africa.
If that coup in Niger had never happened for example, we would never have known that France's famously cheap and plentiful nuclear energy which makes up 70% of its energy mix, and which it sells to the rest of Europe, was cheap and plentiful because Orano spent decades bending Niger over a barrel, paying the country 50 euro cents/kg for Yellowcake uranium when the market price was between โฌ150 and โฌ200/kg.
We didn't know this - but France and its EU collaborators absolutely did, which is why they're sponsoring EU resolutions condemning the AES every 5 minutes. They know exactly what they've lost!
The only people underestimating Africa are Africans - because we have no fucking clue what we are sitting on and we still get most of our information from predatory western sources. Don't get it twisted - everybody outside Africa who matters fully understands what Africa is, which is why Ethiopian Airlines keeps recording a new record profit every year, and it is building the world's largest airport in Bishoftu. Most of that traffic is not made up of Africans.
People from around the world don't stampede in such numbers into a continent that they "underestimate." We're the dummies chasing visas to go work for gold elsewhere while we inherited the entire fucking gold mine.
And I always say the reason our entertainment industry stumbled is a lack of knowledge transfer.
People who know how to do things don't tell anybody. So everybody is always starting from scratch with no knowledge base to build on for the next generation.
Every humiliation you are currently avoiding will be completely irrelevant in three years. The life you failed to build because you were avoiding it will not be.
This is the trade most people are making without ever consciously agreeing to the terms. They are exchanging the temporary discomfort of being seen trying, failing, looking foolish, getting it wrong publicly โ for the permanent weight of a life that stayed smaller than it was supposed to be because the embarrassment tax felt too high to pay.
The math only looks reasonable in the short term. Embarrassment is loud and immediate and social and hits every threat-detection system the nervous system has. Wasted potential is quiet and cumulative and private and produces a specific grief that doesn't arrive until late enough that most people mistake it for aging rather than recognizing it as the compound interest on years of playing it safe.
Regret studies are unanimous on this. People in the final chapters of their lives do not lie awake replaying their embarrassments. They lie awake in the specific silence of the things they never attempted. The person they never became because becoming them required being bad at it publicly first.
The embarrassment was never the real risk. It just had better marketing.
Iโm trying so hard to stay in Nigeria because I genuinely want to. Itโs home, and Iโve built a community here. But every day, Nigeria makes that decision a little harder.
Hi @jidesanwoolu, @hanneymusawa
I'm deeply disappointed in your @lirs_govng team hounding Selar in the name of claiming creator royalty taxes. I turn 30 in Oct and I've spent the last 10 years building Selar, so this is what the youth mean by policies being created to crush growing businesses. We are the pioneering and largest creator company in Nigeria (Africa actually), and instead of being supported by the government, the LIRS team is keen on trying to scapegoat us to set a precident.
Beyond the huge numbers seen in the headlines, we are still a young company just trying to make our mark for the creator economy in a country where we've never been supported once, we're literally a bootstrapped company. In 2025 alone, we've fulfilled our tax obligation in almost 9 figures and we've never missed out on any of our tax obligation over the years. You can check the records.
We are a software company, we make our ecommerce software available to our thousands of creators in not just Nigeria but 13 other African countries and for that, we earn a small commission of 4%, most of which goes to our payment provider. This is the same business as shopify, teachable, e.t.c There is no reason LIRS is hounding us for a backdated 5% royalty fee on all sales when we've clearly explained our line of business to them and shared everything to prove we are not a royalty based business.
What they're asking us to do is raise our pricing to extort these funds from our creators which is odd considering our creators still pay taxes on their income. No creator company in the world charges as high as even 5%.
Also, less payment gateway charges we get 1-3% max, so where do we pay backdated 5% fees from?
The government would have to decide if it wants the Nigerian creative economy to grow or not.
This conversation is important to me because we pioneered this industry of monetizing digital products online in Nigeria and today we host over 400k creators selling using our platform.
This is an opportunity for the government to show it's committment to making Nigeria work for young Nigerians especially in the creator economy.
Time and money we should be spending investing into our business and it's growth for the GDP of this nation is being spent in long back and forth.
We can't catch up with the west if this is what we're facing at home. Above everything else, disputes like this are distracting from the real work.
If anything, for all our CSR contributions to the education system in the country with our Smart Hustle Anti fraud initiative and our other efforts, we should be getting tax rebates, but we're not even asking for anything but to be left alone to build our business.
Thank you.