Simply, the best companies in Nigeria have not been founded. And if anyone tells you that all the opportunities are gone, respectfully ignore him or her. If Nigeria is operating at its optimal productivity level, its GDP should be $3 trillion (well above the current $500 billion). If you do the math, it means Nigeria needs 6X multiples to attain equilibrium.
About 90% of the companies in Nigeria today are not wired for that type of unbounded, unconstrained, and compounding leverageable growth with accelerating returns. Yes, even if they try, the anchored elements upon which they are built cannot enable them to experience that redesign.
Only new species will provide that growth under new tenets, driven by new business models, energized by new policies. Hope you get the point why our insurance sector has less than 2% penetration, electricity companies deliver darkness to more customers than light, potable clean water nonexistent, using 65% of workers to produce hunger, [add your list], and banks serving less than 50 million unique customers in a nation of about 210 million citizens.
People, the best companies for Nigeria have not been founded. So, begin to #BUILD.---
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