This is hilarious! It reminds me of the Late Dr. Emmanuel Ijewere in 2004. We were trying to buy a company selling telco airtime where he was Chairman and the numbers didn’t look good. He liked me for some reason (maybe because we always met in church at Falomo) and decided to discourage us from buying.
After some talking, he told us to forget the business and took us to the back of his house in Ikoyi. He got a bowl, dipped his hand and threw some food into the concrete ponds they created behind and fish came swarming up to eat.
He said - “This is 4 million Naira from my backyard each harvest. This is how I pay for the school fees of my kids. This is the business you should be into.”
I once again remembered what Chief Ibru told me. “Go and sell fish, everyone eats fish.” Dr. Ijewere later expanded his pond into a large and profitable farm that still exists today in the Lagos/Epe axis.
Very few people in Nigeria tell you the true source of their wealth. Even those her friends selling wine would have their own secrets they hide from her.
PVC Registration is now opened for the last phase!
All you have to do is click on the link below, register online and locate the nearest INEC office to you for your biometrics.
Kindly help share and spread more awareness 👇🏾
https://t.co/TcZpg6VlqA
I have a lot to say on the World Bank-Nigeria/Dangote Refinery fiasco. But honestly, this isn't the hill I want to die on.
All I'll say for now is this: people should always read the room...
I regret to inform you that Ask Jeeves is dead. The site closed yesterday. Web 1.0 lost another founder.
Ask Jeeves: 3 June 1996 - 1 May 2026. Send no memes.
Indonesia doesn’t have a nuclear power plant
… but it wants one someday. I visited their state-run utility’s energy museum today, and there was a big replica of a pressurised water reactor in the middle
🇮🇩 🤝 ☢️
The first LNG shipment since the war in Iran began two months ago appears to have slipped through Hormuz
🚢🚢🚢
It looks like the Adnoc ship turned off its transponder to make the journey. It reappeared in west India yesterday
(But besides this, LNG traffic is largely halted)
Which is why I push back against the idea that our social values are warped simply because we are poor.
The deeper problem is that good character is not consistently rewarded or respected, and bad character is not reliably shunned or punished.
My mum bought a brand new 504 from Peugeot in Kaduna around 1985. This was in their ‘heyday’. It took about 6 months for her to get it after paying and only because she went through a senior airforce officer. The truth is that the company could not scale or make money and the scarcity then became a money making exercise for staff members who you had to pay to ensure you got the car you paid for. Textiles are a similar story. At no point did those textile factories make money. The past is not as rosy as people now think it was. In reality oil money covered a multitude of sins. So any future plans must first reckon with this reality
FIRST LNG TANKER TRAVERSES STRAIT OF HORMUZ SINCE WAR STARTED
🚨🚨🚨
🚢 Sohara LNG (partially owned by Japan's MOL) left the Strait and is now near Oman
🤔 But the ship doesn't appear to be carrying a cargo. It looks like it basically abandoned its effort to load in Abu Dhabi
Japan has built one of the world’s deepest energy-security buffers after the 1973 oil shock. Now the Middle East crisis is putting it to the test.
our explainer (gift link):
https://t.co/wCe9w0M7Yo
@DoubleEph@dionnesearcey Feyi’s point is that apart from factual inaccuracies (which abound) there’s a strange angle to the lede that is very misleading? Did a PR firm set this up?
https://t.co/Ru10GrxyBm
This is similar to what Cardoso did during the FX backlog saga.
Lemme tell you what the implications of this are.
The power sector (specifically the GenCos) is characterised by very high receivables (for context: Transcorp Power's and Geregu's receivables are over 100% of revenues)....