DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4847

Next Cryptocurrency to Explode in 2022

16

In this post, we discuss the 10 potential cryptos that are set to explode in 2022.

The cryptocurrency market continues to grow rapidly this year, now boasting a valuation of over $2.5 trillion. As the crypto market expands, more and more exciting projects can launch and benefit from investors’ interest – leading to impressive price return over both the short and long term.

With that in mind, this guide discusses the next cryptocurrency to explode in 2022, highlighting the coins with the highest price potential, before showing you how to invest in the best new cryptocurrency today.

Top 10 Next Cryptocurrency to Explode In 2022

Finding the next crypto to explode can be hard and challenging, especially now that there are thousands of projects to choose from. To help streamline the decision-making process, we’ve conducted the research and narrowed down the selection to our top-ten most promising cryptocurrency coins – all of which are listed below: 

  1. Solana (SOL) – Next Cryptocurrency to Explode in 2022
  2. Cardano (ADA) – Leading Blockchain Network with Rebound Potential
  3. Ripple (XRP) – Popular Crypto Project Set to Bounce Back in 2022
  4. Gala (GALA) – Leading P2E Platform crypto could explode this year
  5. ApeCoin (APE) – Popular Pick for the Next Cryptocurrency to Explode in 2022
  6. Shiba Inu (SHIB) – Next Best Crypto with ‘Meme Coin’ Potential
  7. Cosmos (ATOM) – Best New Cryptocurrency for Unique Interoperability Mechanism
  8. Ethereum (ETH) – Most Promising Cryptocurrency for dApp Development
  9. TRON (TRX) – Decentralized Blockchain Looking to Revolutionize Content Creation
  10. Dogecoin (DOGE) – Famous ‘Meme Coin’ with Huge Community Backing

>>>Buy Buy Cryptos Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

A Closer Look at the Next Crypto to Explode

If you’re looking to make serious money with cryptocurrency, investing in one (or more) of the coins listed above could be a wise move. With that in mind, let’s take a closer look at each of these next big crypto projects, ensuring you can make an informed investment decision:

1. Solana (SOL) – Overall the Most promising Crypto coin to Explode in 2022

The top crypto set to explode is Solana. The popular crypto beginner token Solana emerged as the fastest-growing cryptocurrency last year, driven by the blockchain’s high level of scalability. Given Ethereum’s troubles with GAS fees and low throughput, many dApp developers opted to create their platforms on the Solana network.

According to various reports, Solana can handle 65,000 transactions per second (TPS), with an average transaction cost of $0.00025. The blockchain can achieve this through a unique ‘Proof-of-History’ consensus, which allows Solana to remain fully decentralized whilst offering tremendous scalability.

The Pyth trading network supported by institutional trading houses in Chicago and New York is perhaps the most high profile success of the project. Its NFT and DeFi networks are expanding at pace too.

Despite a correction to a low of $25 in 2022, many investors are bullish on SOL long term. Experts have predicted that Solana crypto price prediction for 2025 is set to hit the $250 level. 

>>>Buy Solana Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

2. Cardano (ADA) – Leading Blockchain Network with Rebound Potential

Another coin which could be the next crypto bull run is Cardano. As defined by Forbes, Cardano is a blockchain platform that looks to become the ‘Internet of Blockchains’. This project was founded by Charles Hoskinson, one of the co-founders of Ethereum, who looks to make Cardano more scalable, interoperable, and sustainable than the current leading networks.

Cardano differs from the likes of Bitcoin and Ethereum by using a ‘Proof-of-Stake’ (PoS) consensus mechanism, which drastically reduces energy expenditure when creating new blocks. This combines well with Cardano’s smart contract functionality, meaning that the network offers a viable alternative for dApp developers.

Although ADA, the network’s native token, hasn’t had the best of times lately, this project still has excellent potential for the months ahead. Cardano could also become the most energy-efficient cryptocurrency on the market as the move towards net-zero emissions gains momentum.

>>>Buy Cardano Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

3. Ripple (XRP) – Popular Crypto Token Set to Bounce Back in 2022

Ripple could be the next cryptocurrency to explode in 2022, following some positive news regarding the network’s ongoing litigation with the SEC. As you may already know, Ripple is the name of the company behind ‘RippleNet’, a decentralized payments system that allows speedy and low-cost transactions between different currencies.

The process is facilitated through the use of XRP, which acts as a ‘bridge’ between the two currencies. Due to this approach, RippleNet has been seen as a natural upgrade to the outdated SWIFT network, which can take between 3-5 business days to process payments in some scenarios. Combine this with the positivity surrounding Ripple’s lawsuit, and it’s clear that now could be the ideal time to buy XRP before the coin explodes once more.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

4. Gala (GALA) – Leading P2E Platform Crypto Could explode in Value 

 

Another project leading the way when it comes to the next cryptocurrency to explode is  Gala. Put simply, Gala is a P2E gaming platform that uses the GALA token as its native currency. Within the Gala ecosystem, gamers can play various games and earn tokenized rewards, all whilst forming part of a like-minded community.

Gala also allows gamers to make money with NFTs since the ecosystem has a built-in NFT store for purchasing in-game items. These items take many forms, such as weapons for certain games and playable characters.

Gala has generated momentum in recent months due to the announcement that the development team is in the process of creating its own blockchain. Presently, Gala runs on the Ethereum blockchain, although it has partnered with Polygon to speed up its expansion.

However, creating a new blockchain (dubbed the ‘GalaChain’) will allow Gala’s users to benefit from lower transaction fees and increased throughput. In addition, the development team will be able to tailor the blockchain specifically to gamers, making it ideal for Gala’s long-term growth.

>>>Buy Cryptos Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

5. ApeCoin (APE) – Popular Pick for the Next Cryptocurrency to Explode in 2022

If you’re looking for the next big cryptocurrency with ‘meme coin’ potential, look no further than ApeCoin. ApeCoin is an ERC-20 token closely linked to the most expensive NFTs – the Bored Ape Yacht Club (BAYC) collection, considered one of the best NFTs to buy. BAYC NFTs have garnered incredible attention from A-list celebrities, leading to much hype when ApeCoin was released earlier this year.

Although BAYC’s creators didn’t develop ApeCoin, it has become the native token of the ‘Otherside’, the metaverse platform launched by Yuga Labs. Aside from being used within this upcoming virtual world, ApeCoin has also been implemented into other mobile games, providing much-needed use cases. Although the utility is still lacking for APE, the coin is able to benefit from colossal community backing, meaning it could be the next crypto to blow up this year.

>>>Buy ApeCoin Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

6.  Shiba Inu (SHIB) – Top Meme Cryptocurrency Expected to Explode Again

The meme coin race has been made even more interesting with Shiba Inu’s launch in late 2020. According to its anonymous creator Ryoshi, Shiba Inu is a spontaneous experiment on the community-driven initiative. This is a part-piece attempt to topple Dogecoin on the meme crypto crown and install Shiba Inu as the top meme coins for investors. This has seen Shiba Inu nicknamed the ‘Dogecoin killer.’ Despite playing second fiddle to Dogecoin, Shiba Inu surged over 21,000% in the climax of the 2021 price rally making the digital asset one of the best meme coins to buy this year.

However, Shiba Inu does not aim to take over the top spot with just social media hype and fanfare. The Shiba team has been churning several use cases to keep the project relevant and top-of-mind for investors. One of the most recent is a foray into the Metaverse. According to a blog post on its website, Shiba Inu is looking to introduce virtual real estate called Shiba Lands.

>>>Buy Shiba Inu Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

7. Cosmos (ATOM) – Best New Cryptocurrency for Unique Interoperability Mechanism

Cosmos could become the next big crypto to make waves in the market due to its unique take on interoperability. If you invest in any of the best altcoins, you’ll know that blockchains tend to operate individually rather than in tandem with other chains. Due to this ‘competitive’ mindset, dApp developers have had to decide which chain they wish to construct their projects on, significantly decreasing the potential user base.

However, the Cosmos protocol allows developers to create their own ‘Zones’, which are separate blockchains that link to the central Cosmos hub. Developers retain full autonomy over their own blockchains whilst still being able to connect and share information with other Zones. This ensures that dApps can be integrated across multiple Zones, which boosts interoperability and takes these networks to the next level.

>>>Buy Altcoins Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

8. Ethereum (ETH) – Most Promising Cryptocurrency for dApp Development

Ethereum is the second-largest cryptocurrency globally, as noted by CoinMarketCap, and has become the go-to network for dApp developers to construct their platforms. This is due to Ethereum’s smart contract functionality, which removes the need for a centralized intermediary in countless situations. However, Ethereum has been plagued by high GAS fees recently, which has forced dApp developers to look elsewhere.

This could all be set to change with the upcoming move to ‘Ethereum 2.0’, which is rumored to occur in the next few months. Ethereum 2.0 will see the network move to a Proof-of-Stake mechanism and utilize sharding, significantly increasing scalability and reducing network fees. If this upgrade has the desired effect, it will likely attract developers back to the network, meaning now could be a great time to buy Ethereum before the next bull run.

>>>Buy Ethereum Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

9. TRON (TRX) – Decentralized Blockchain Looking to Revolutionize Content Creation

If you’re looking for the best cryptocurrency to invest in for decentralized content creation, look no further than TRON. TRON is an open-source blockchain network that functions similarly to Ethereum because it has smart contract functionality and can host dApps. However, TRON aims to allow content creators to cut out the middleman, such as YouTube or TikTok, and connect directly with consumers.

As a Proof-of-Stake blockchain, investors can purchase TRX, TRON’s native token, and stake it to generate a passive income stream. TRX is also great from a speculative standpoint, as the network is now compatible with the Ethereum Virtual Machine (EVM), allowing a high degree of interoperability between the chains. Finally, TRON has even partnered with Samsung on blockchain-based projects, highlighting its credibility within the space.

>>>Buy TRON Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

10. Dogecoin (DOGE) – ‘Meme Coin’ with Huge Community Backing

Dogecoin remains one of the best meme coins on the market, even after its massive fall from grace over the past year. Most people will know of DOGE thanks to the quadruple-digit returns that the coin produced in mid-2021, following mentions from high-profile names such as Elon Musk. However, DOGE has suffered recently due to a lack of ‘real-world’ utility.

Dogecoin did experience a price rise in April 2022, following Elon Musk’s takeover of Twitter, as investors believed the coin could be integrated into the social media platform somehow. This is all just speculation at this point, although it would provide some much-needed utility for DOGE. Having said that, more than 3,000 merchants now accept the coin as a payment method – meaning it certainly has price potential if it continues to grow.

>>>Buy Dogecoin Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

How to Find the Next Cryptocurrency to Explode

If you’re looking to find the next best cryptocurrency to invest in, it’s essential to know where to look. Although more people than ever are opting to buy cryptocurrency on a daily basis, it can still be challenging to seek out coins that have high potential due to the sheer volume of new projects.

Not to worry – we’ve done the research and found three of the best ways that you can find cryptocurrencies set to explode, all of which are discussed below:

  •  Check out Initial Coin Offerings (ICOs)

Initial coin offerings (ICOs) are a way in which the developers of a crypto project can raise funds to further the project’s development. These ICOs allow investors to purchase tokens issued by the development team (often at a low price), allowing them to benefit when the project takes off.

Many of the best penny cryptocurrencies started through an ICO and have provided exponential returns in the period following the project’s launch. However, it’s also important to note that ICOs are essentially unregulated, meaning that there are many ‘scam’ projects. Due to this, it’s crucial to complete in-depth research before pledging your funds to an ICO.

  •  Use Social Media

One of the best ways to find the next cryptocurrency to explode in 2022 is to review social media sites. The top sites tend to be Twitter and Reddit, as these two are ideal for real-time updates on crypto projects.

Most projects will have a dedicated subreddit for in-depth discussion – for example, DeFi Coins has a subreddit containing 5,000 members. These forums can be a great resource to find information presented in a clear and unbiased manner, helping you separate the high-potential projects from the rest.

  •  Keep Track of the Latest Crypto News

Finally, you can find the next crypto to explode in 2022 by keeping up to date on the latest news about the most volatile crypto. The crypto market is still relatively new compared to the traditional financial market, meaning that certain news events can have an outsized impact on a coin’s price movements.

Furthermore, news items can also push certain coins into the limelight, allowing investors to get involved before the price skyrockets. Notable examples include Dogecoin and Shiba Inu, which were discussed in major media outlets before picking up steam and producing dramatic returns. 

>>>Buy Cryptos Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

Where to Buy the Next Potential Crypto Coins

Although DeFi Coin is our pick for the next crypto to explode, you may also wish to invest in some additional projects to create a diversified portfolio. If this is the case, it’s vital to partner with one of the best crypto exchanges so that you can trade safely and cost-effectively.

Our recommendation for which exchange to partner with is the online broker eToro. eToro needs no introduction, as the platform has become the go-to for traders worldwide and now boasts over 24 million registered users. Not only that, but eToro is also heavily regulated within the trading scene by entities such as the FCA, ASIC, CySEC, FinCEN, and FINRA.

One of eToro’s most appealing aspects is the platform’s transparent fee structure. eToro charges a flat 1% fee on all crypto trades (plus the spread), with over 60 cryptocurrencies available to invest in. The minimum trade size is only $10, thanks to eToro’s fractional investing mechanism, with users also able to fund their accounts from only $10.

In terms of deposits, eToro accepts credit/debit cards, bank transfers, and e-wallets – with full support for PayPal. There are no deposit fees to contend with and no monthly subscription fees. On top of this, eToro’s sign-up process is fully digital and can be completed in minutes – with no need to send away any paperwork.

Crypto investors will also be glad to know that eToro also provides a free crypto wallet app available on iOS and Android devices. This app supports hundreds of crypto-assets and boasts industry-leading security to protect your holdings. You can even swap one crypto for another from within the app’s interface – making it easy to speculate on short-term price movements.

>>>Buy Cryptos Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

Next Cryptocurrency to Explode – Conclusion

In conclusion, this guide has taken a comprehensive look at the next cryptocurrency to explode in 2022, highlighting the projects with the highest price potential over the longer term.

Leading the way in this regard is Tamadoge, a brand new metaverse project filled with P2E features. Tamadoge has sold out its crypto presale, collecting $19 million in the process. This promising cryptocurrency will soon be listed on OKX – which will list Tamadoge on its centralized and decentralized exchange.

FAQs on the Next Crypto to Explode

What is the next crypto set to explode?

Our number one pick for the next cryptocurrency to boom is Ethereum. ETH is a deflationary token bringing utility to the smart contract industry, giving it massive upside potential.

How do I find promising cryptocurrencies?

There are numerous ways to find promising cryptocurrencies, such as regularly reviewing our crypto news page. Alternatively, you can also keep tabs on social media sites like Reddit and Twitter and check investment websites to see which coins are trending.

>>>Buy Cryptos Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

Why A Diaspora Remittance Policy Will Remain Challenging for Nigeria

0

Really good news for Nigeria. Yes, the diasporas are opening their purses and wallets and funds are now going to the home country. In H1 2022, Nigeria received $10.11 billion (from the official quarters). When you add the non-border remittance (you have USD dollar in New York and someone has Naira in Lagos, both do deals without any money crossing the border), it could have hit $15 billion.

Now tell me: how much is Nigeria’s total annual revenue excluding crude oil sales? Way below $30 billion yearly using the 2022 budget numbers. Indeed, the diasporas are sending more money to Nigeria than its total non-oil revenue!

Of course, receiving $30billion is a marginal gain for Nigeria when you see the value these diasporas are creating in the countries they live in. But had they stayed in Nigeria, those values would have been impossible. This makes it extremely hard for a government policy. While it is a great thing to receive change, you cannot develop a nation on the policy of training and exporting your best talent.

According to Nigeria’s Ministry of Finance, budget, and national planning, it disclosed that diaspora remittances were among the top sources of non-oil foreign exchange for the nation.

Just recently, it was reported that in the first half (H1) of year 2022, Nigerians received the sum of $10.11 billion as diaspora remittances between January and June, which represents a 9.6% increase when compared to $9.23 billion received in the corresponding period of 2021.

In contrast to the second half of 2021, Nigeria’s diaspora remittance inflow increased marginally by 0.9% from $10.02 billion. This is according to data obtained from the Central Bank of Nigeria (CBN).

While it is a great thing to receive “change” or leftovers, you cannot develop a nation on the policy of training and exporting your best talent even as you struggle to know what to do with the talent if they stay back in the country!

Comment on LinkedIn Feed

Comment 1: The #japa economy is booming.
Nigeria is known to turn a blind eye to anything that benefits them short-term like we saw in the oil era. Don’t be surprised they can find this a justifiable reason to provide more scholarships to students so they can go abroad to bring in more diaspora wealth. At least not like the legalised slavery era where the money comes once when selling the individual as a commodity and never returns as dividend to the seller. The country should be thinking more longer term on how to grow talents on Nigerian soil by making the environment more favourable for them.

Many countries like UK, Australia, Canada, US have set up migration schemes to attract the best and brightest talents especially in their shortage occupation areas. Nigerian talents are shipped out en masse not out of adventure but a desperate need to survive.

That’s the reason it’s difficult to convince a graduate to stay back in the country or even return back after studies. They can bring back wealth and invest within a short time which could never have been possible with the peanuts in Nigeria.
Japa has become a huge investment any person can make in their career which the country is benefiting from, but of course, losing a lot from.

Comment 2: I believe that government can actually use good policies to not only increase the remittances but also increase them to investment. There are Nigerians who want to invest back home but government often inimical practices are a major challenge. By government I’m referring more to State governments’ not federal because the people in diaspora can afford to invest in backward integration strategy of the government if any such thing exists. For instance, if a State government legislates that anyone that has spare fund can go into agriculture, that will hang in the air but if you say bring N5M for cassava and you are entitled to 6 acres of land and a staff of the ministry of agriculture will oversee your farm and 2 youths interested in agriculture will be paid to work on the farm. If there’s transparency the second option can work. But then, the poison pill called monthly allocation will never allow government to think of how Nigeria can be made to work for her people. You have to give it to the people living in diaspora, they are doing well and yet they are completely disenfranchised when it comes to voting.

Comment 3: We are still losing so much, $10 billion remittance is nothing when compared to how far we have fallen. India has breached export earnings of $400 billion, and we are here talking about numbers that a single state in Nigeria should be bragging about.

When we have a proper government, we can attempt fixing all the broken parts. This idea of being beaten down mercilessly to the point that every small thing appears great, is something we must first do away with.

Our numbers never inspire, over 200 million people with a landmass of almost a million square kilometres. We should never allow poverty to violate and deconstruct our sense of worth and value.

Diaspora Remittance to Nigeria Hits $10.11 billion in H1 2022

Diaspora Remittance to Nigeria Hits $10.11 billion in H1 2022

0

The common act of sending money back home resonates greatly with Nigerians in the diaspora. Nigeria is reportedly the largest recipient of diaspora remittance in Sub-Saharan Africa, as remittance to Nigeria now constitutes a significant part of the country’s GDP.

According to Nigeria’s Ministry of Finance, budget, and national planning, it disclosed that diaspora remittances were among the top sources of non-oil foreign exchange for the nation.

Just recently, it was reported that in the first half (H1) of year 2022, Nigerians received the sum of $10.11 billion as diaspora remittances between January and June, which represents a 9.6% increase when compared to $9.23 billion received in the corresponding period of 2021. 

In contrast to the second half of 2021, Nigeria’s diaspora remittance inflow increased marginally by 0.9% from $10.02 billion. This is according to data obtained from the Central Bank of Nigeria (CBN). 

In the period under review, a sum of $23.3 million was recorded as remittance outflow from Nigeria, indicating a net inflow of $10.09 billion in H1 2022 as against a net value of $9.99 billion recorded in H2 2021 and $9.2 billion recorded in the corresponding period of 2021. 

In contrast to the second half of 2021, Nigeria’s diaspora remittance inflow increased marginally by 0.9% from $10.02 billion. This is according to data obtained from the Central Bank of Nigeria (CBN). 

In the period under review, a sum of $23.3 million was recorded as remittance outflow from Nigeria, indicating a net inflow of $10.09 billion in H1 2022 as against a net value of $9.99 billion recorded in H2 2021 and $9.2 billion recorded in the corresponding period of 2021. 

The World Bank had earlier projected that Nigeria’s Diaspora remittance inflow will increase by 7.1 percent in 2022, which is reflecting the gains of the continued adoption of official bank channels and the expectation that more Nigerians who have migrated will likely send more money home to support families in the face of an increase in the cost of living.

In a bid to forestall this trend, the Central Bank Of Nigeria CBN in December 2020 introduced measures to encourage Diaspora Nigerians to send their remittances through the banking system.

In one of its measures, the Central Bank introduced the Naira4Dollar scheme in February 2021 which offers beneficiaries of remittances N5 naira for every $1 of remittance sent through the bank.

Among other things, the measures allow beneficiaries to have unfettered access and utilization to foreign currency proceeds, either in foreign exchange cash and/or in their Domiciliary Accounts.

The number of Nigerians in diaspora has been increasing astronomically over the last five years due to the myriad of problems ravaging the country. Also, the high level of unemployment (33% and youth unemployment at almost 60%), the insecurity crisis, and the incessant ASUU strike which has crippled the educational system in the country, have all contributed to the surge in the migration of Nigerians to other parts of the world.

Nigerian Govt. Secures the Release of 23 Remaining Abducted Train Passengers

0

The 23 remaining persons among the 61 train passengers abducted during an attack on a passenger train in March have been released, according to a statement released by the Chief of Defense Staff Action Committee (CDSAC) on Wednesday.

The statement signed by the Secretary, Prof. Usman Yusuf, attributed the release of the abductees to a military operation conceived and executed under the leadership of the Chief of Defense Staff.

“I am pleased to announce to the nation and the world that at 1600Hrs. (4:00pm) today, Wednesday 5-10-2022, the seven-man Presidential Committee assembled by the Chief of Defense Staff (CDS), General L E O Irabor, secured the release and took custody of all the 23 remaining passengers held hostage by Boko Haram Terrorists following the attack on the Abuja to Kaduna train on 28-3-2022.

“The nation owes a debt of gratitude to the Nigerian Military under the leadership of the CDS who conceived and guided the operation from start to finish. All sister Security Agencies and the Federal Ministry of Transportation contributed immensely to this Operation.

“The unwavering support of the President and Commander in Chief of the Nigerian Armed Forces, President Muhammadu Buhari GCFR is what made it all possible. Members of this Committee are grateful for the rare honour and privilege to be part of this Humanitarian Operation,” the statement said.

Although it took more than six months before the government finally secured their release, the families of the kidnapped victims have expressed their gratitude.

However, questions about the government’s capability to prevent such a heinous crime from happening again remain. In the past seven years, the federal government of Nigeria has invested more than N10.02 trillion on the fight against insecurity, according to BudgIT, an NGO tracking governments’ expenditures. But it has failed to curtail rising cases of terrorists’ attacks and kidnappings.

Not quite long after Boko Haram terrorists attacked the Kaduna bound train and abducted several passengers, a medium prison was breached in Abuja, the nation’s capital, freeing hundreds of inmates. More than 400 escapees, who are said to be criminals, are still at large.

Most of the train attack victims paid millions of naira in ransom to the terrorists before they were freed. The government, which had been in negotiation with the terrorists since the abduction, is believed to have also paid ransom for the release of the remaining 23 victims.

The terrorists had earlier demanded that the government free their children and members in its custody as part of the negotiation to release the train passengers. The demand is said to be an integral part of the dialogue that led to the release of 11 of the abductees in June. The government did not admit or deny it.

With the highways still unsafe due to increase in abductions, Nigerians have been left to protect themselves against criminals. Apart from heeding security experts’ advice to embark on road trips only when it’s necessary, Nigerians have learnt to put ransom into consideration whenever they’re traveling.

The geo-political zones of the country have created their own security outfits as a sign that the government security agencies have become totally helpless as insecurity rages, but that has also failed to ameliorate the problem.

Words That Will Define Peter Obi’s Leadership If He Is Elected President in 2023

0

Martin Luther King (Jnr) delivered the “I Have a Dream” speech several years ago, calling for civil and economic rights as well as an end to racism in the United States of America. During campaigns, many social activists and politicians adopted his speech approach, particularly when they felt that political leaders had failed people in every aspect of socioeconomic and political life. Various promises have been made and are still being made before and during campaigns by political actors and their supporters while delivering speeches.

Though Mr Peter Obi, the Labour Party’s presidential candidate, did not title his recent speech at Harvard University, our analyst discovered that after subjecting the speech to granularity analysis, his speech is best titled “We Will.” This title is based on the phrase’s resonance with the key words in each paragraph of the speech. Aside from this outcome, the 914-word speech focuses on addressing national and regional security challenges through strategic positioning and the rejuvenation of the Nigeria Police Force. This is evident from his 11 references to security, compared to 9 and 5 references to national and regional security, respectively.

Key Words in Peter Obi's Harvard Speech
Source: Infoprations Analysis, 2022

Mr Peter Obi used his presence at Harvard University, like previous media appearances and speeches in Nigeria, to re-emphasize his leadership style if elected in 2023. According to our analyst, the first paragraph of his presentation, “We will offer a new brand of transformative and purposeful leadership. The overall goal of my administration shall be to streamline governance, make it more responsive, transformative, effective, less transactional, and therefore efficient and cost-effective,” indicated what Nigerians and the country’s global partners can expect from his administration.

Transformative. Having the power to change something or someone in a significant and long-lasting way

Purposeful Leadership. Making decisions as part of a larger strategy to encourage others to follow your lead

Streamline Governance. Redesigning skills and roles towards sustainable value creation and capturing for everyone.

Responsive. Quick and positive reaction

Effective. Successful in achieving the intended or desired outcome.

Less Transactional. Relationships in which one person does or gives something to another without expecting anything in return; the relationship itself is the reward for both parties and often bears long-term fruit.

Efficient. (of a machine or system) achieving maximum productivity with the least amount of wasted time or money.

Cost Effective. Effective or productive in relation to its cost.