Oluwatomi

Real Estate | Hospitality | Healthcare Engineering

[Oluwatomi @torioke]

Project successfully executed by yours truly. We are grateful to His Excellency for the opportunity. #OsherHealthcareEngineering #creatingspacesthatheals

[Peter Ndubuisi Mbah @PNMbah]

As we build new healthcare facilities across Enugu, we have not lost sight of the ones already serving our people.

We have almost completed the renovation of the Accident and Emergency Unit at Parklane Hospital, part of our broader effort to make existing facilities fit for purpose and improve both the quality of care and the number of people they can serve.

Because you cannot have a productive state if you don’t have a healthy people.

𝗧𝗼𝗺𝗼𝗿𝗿𝗼𝘄 𝗶𝘀 𝗵𝗲𝗿𝗲

[Oluwatomi @torioke]

Lol

[Morris Monye @Morris_Monye]

Even though you don’t like his answers to questions , let’s have a President that won’t steal our common resources.

That is not hard na.

[Taiwo Oyedele @taiwoyedele]

I am grateful for another year. A reminder that life is not measured by time alone, but by impact.

I am grateful for the journey, the lessons and the privilege to contribute to the development of our nation and continent.

Thank you all for your prayers and birthday wishes. Onward and upward.

[Oluwatomi @torioke]

Is this a skit?

[Unruly @pontrol_777]

“Important message for all ibos in Lagos - ibos in Lagos have to pick their fight “
Lmaoo they want to start what they can’t finish. They want to start a war in the territories they of their host!
I pray they even start self! It’s long overdue.

[OPEOLUWA 😎😎 @OpeBee]

GAS will lead Nigeria’s industrialization and I am here for all of it !!!!

[Oluwatomi @torioke]

@Chude_ND1 First off, nobody builds 5-star hotels like this.

[Oluwatomi @torioke]

The confidence to write such a long piece of rubbish is impressive. I had to check the profile picture 😂

[Biggest Mack @Big_Mck]

Everyone is forced to be in Lagos. And I mean “deliberately” forced to be in Lagos to serve capitalism.

You probably don’t know this because you don’t understand how the capitalist economy of Nigeria is set up to work.

When you extract the value of the whole country and concentrate it in one location, it serves the capitalists, as people will be forced by lack of activities to leave their original location (where they live rent free and grow their own food) to Lagos where they will have no choice than slave for capitalism just to afford to pay for the same rent and food they had for free. Capitalism needs people who are desperate to eat and pay rent to survive.

It was not by accident that every headquarters and every key infrastructure and public service was concentrated in Lagos. It was deliberate. It’s also not by accident that insecurity is trafficked everywhere else before it get to Lagos. It is deliberate.

It’s very important you educate yourself on how systems work, to avoid embarrassing yourself by asking people if they are forced to be in Lagos. Of course, they are forced to be in Lagos.

[Oluwatomi @torioke]

😂😂😂

[Dr Ola Brown @NaijaFlyingDr]

I thought being Dr Brown would make me sound more international and blend in with the global bourgeois.

But it backfired. People just think I am from Bonny Island.

[Oluwatomi @torioke]

I doubt APC will win in Osun.

[Rufybaba @Rufyb]

These things are very desirable, but frankly, a lot of people in that business surely know the value of processing; the sad story is the economics. The economics.

Processing does not scale because the business case is extremely difficult. The industrial chain from raw cocoa seeds to finished products is long.

You need factories, machines, power, water, quality control, packaging, storage, logistics, working capital, distribution, brand, and patient capital. It is capital intensive.

Investors or entrepreneurs consider the viability of a project or business before allocating capital; it is not enough that a product has a higher selling price.

A profitable product (gross margins) may not be a profitable business (operating margins).

You will fight multiple battles at once if you are a manufacturer in Nigeria today, and these battles will limit your scale.

✑ Power is expensive
✑ Diesel is expensive
✑ cost of capital is high (and you are in an environment that hardly provides long-term capital. Very impatient capital, in fact).
✑ ports are not exactly there
✑ Logistics is expensive (look at the haulage and distribution costs of even the top manufacturing firms)
✑ The quality compliance required to make a meaningful product involves high costs
✑ On top of all of these, you then have very price-sensitive consumers.

Anyone who dabbles in such a gigantic project must be able to provide their entire infrastructure before it can work. And providing your infrastructure means some really, really serious capital—crazy one. And when you provide the infrastructure, there is still no guarantee that it will work.

Small deviation
Can we list the top manufacturing firms in Nigeria today? You can think of Nestlé, Nigerian Breweries and the likes. Those guys have been here since my father was born. And they have strong backing from foreign capital.

The ones we look up to, Dangote Cement and BUA Cement, needed the entire industry to be locked down for them to be truly successful—the same goes for Okomu and Presco.

The pattern is that Investors will only deploy capital when they are 100% sure that the industry will be locked down for them, and, as the evidence clearly shows, the value created by such industrialisation only expands inequality in society. The substance is that no concrete value is created.

Back to my gist
If we want cocoa factories (and many other manufacturing activities) to work or thrive, we must fix the conditions that cause factories to fail. At a minimum, fix the power issues.

In your free time, check out FTN Cocoa. Check out Multi-trex. Also, find out why Cadbury has not done more since it began doing business in Nigeria.

[Oluwatomi @torioke]

https://t.co/efYZCLzk3h

[Oluwatomi @torioke]

https://t.co/efYZCLzk3h

[Hon Henry Shield @HonShield]

NDC is worse than APC.

- Henry Shield.

[Ayobami @dondekojo]

No results two weeks after primaries, but they’ll transmit general elections in real time. Campaign in poetry, govern in prose

[Oluwatomi @torioke]

😄😄

[𝕊𝕀𝕊𝕋𝔸𝕃𝕀𝔸ℕ𝕆 🇳🇬💐 @Sistaliano]

Suddenly, I com like this man 😂😂😂😂

[PAPA WEMBA @lexyy4real]

See who Peter Obi dey carry follow body..A complete nuisance.

[Oluwatomi @torioke]

Very disturbing

[kenna @kennagq]

The things that inspire Nigerians baffle me

[Tony O. Elumelu, CFR @TonyOElumelu]

I am honoured to succeed Senator Udoma as Chairman in January 2027 and to lead the Board through @SeplatEnergy ’s next phase of growth.

I firmly believe in the critical role indigenous resources play in the economic transformation of Nigeria and Africa, and Seplat’s culture of execution and governance aligns strongly with my own values.

I thank Senator Udoma and Roger for their stewardship and look forward to delivering further value for shareholders.

I also congratulate Mr. Okon on his appointment as Chief Executive Officer.
His deep industry experience gives me great confidence that @SeplatEnergy is well positioned for its next chapter of growth.

#TOEWay

[Ayobami @dondekojo]

Hello. @bosuntijani, a structured, competitive market serving 40 million Nigerians is being dismantled and handed over to new players, while two Federal High Courts have ordered the regulator to stop.

This is the digital economy your Ministry oversees.

[Dr Ola Brown @NaijaFlyingDr]

Why isn't Nigeria rich?Bad government? Corruption?

Or is there a more uncomfortable explanation: the way we think about money itself?

In my new article, I explore why some societies turn money into capital,while others struggle .

Find the link here: https://t.co/FVIMeohKMp