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Tekedia Mini-MBA Graduation Hangout in Port Harcourt on Sept 10, 2022

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Let me wish members of Tekedia Mini-MBA edition 8 a great Graduation Hangout in Port Harcourt this weekend. The Lagos one was superb. I also commend members in London who are organizing one. Kano reached out today. Tekedia Institute supports these independently organized events as a way of connecting our members to deepen their networks as they go into markets to fix frictions.

Tekedia Store and TekediaTV programs are on the way. This is a temple for the mastery of Africa’s entrepreneurial capitalism; thank you all for the opportunity to serve you.

Tekedia Institute >> learn from the best. The next edition of Tekedia Mini-MBA begins next week. We invite you to join here 

When ‘Jápa’ Meets ‘Jàgùdà: Nigerians’ Lived Experiences Prior to Migration to Developed Countries

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Many Nigerians are pushed to negative thinking and belief zones when they get up every day and believe that lack of some fundamental amenities or facilities will prevent them from accomplishing specific activities toward achieving personal goals. Exploration of these zones has led many residents, particularly the youth, to believe that Nigeria would never get it right in terms of having a competent leadership system that will replace the perceived existing bad system. In most situations, the media‘s predilection for negativity over positive in presenting socioeconomic and political events contributes to a poor perception of the country. Aside from presenting more bad news than good news, Nigerian media has also contributed to the country’s constant migration to industrialized countries by spreading the concept of second-class citizenship for citizens who believe that a better life is achievable in the countries being promoted. These acts, as well as others that have gone unreported in the media, have pushed and drawn numerous Nigerians out of the country throughout the years. Previously, our analyst predicted that between 2021 and 2030, 9,232 Nigerians will migrate to developed countries. It would be 14,201 people between 2031 and 2040.

‘Jápa’ Meets ‘Jàgùdà

However, given the current strategy of youth immigration to nations in Europe, North America, and other continents, it is anticipated that these statistics will increase over time. This strategy has been called “Jápa,” which means “to flee” in Yoruba. This slang is frequently used by members of the Yoruba tribe in Nigeria when they have a negative interaction with another person or entity. For instance, based on the narrative views provided by the fellows, family members, relatives, acquaintances, and coworkers typically counseled their fellows to leave a hazardous employment setting or relationship. As a result, youth and those who believe that leaders are not doing enough to improve the lives of all citizens perceive ‘Jápa’ as the ideal alternative. While citizens who want to flee see macro leaders as the main source of the country’s failure in social, economic, and political aspects, our analyst observes that recent experiences of many potential migrants show that activities of micro leaders and followers are more detrimental to getting on the right track to correcting a bad macro leadership system.

Nigerians must successfully navigate a number of ministries, departments, and organizations at the state and federal levels in order to immigrate to any nation. Usually, standardizing and formalizing particular papers calls for this. Contact with key leaders at pertinent MDAs, particularly the Ministries of Education and Foreign Affairs as well as public health institutions, is necessary in order to complete these tasks. Based on recent experiences of our analyst and those who were present at the MDAs, there is a good chance that Jàgùdà will be encountered, whether at the state or federal level. Again, Jàgùdà is a Yoruba term that was coined several years ago to describe the behavior of a bunch of boys notorious for stealing from the pockets of persons who were negligent with their personal belongings. The group began in Ibadan before moving to Lagos. Later on, the concept spread across the country. A person known as ‘Jàgùdà’ does not carry a sophisticated gun. In most cases, he or she employs a knife and a pretend gun to instill panic in the victim before taking from them.

Essentially, the youth who want to emigrate are meeting micro leaders at MDAs who are utilizing ‘Jàgùdà techniques and strategies after witnessing the desperation of many potential migrants to obtain visas. Before applying for a visa, persons who want to emigrate using the study route must have the pertinent certificates examined and authenticated. Additionally, a medical certificate from a public hospital attesting to the absence of serious health conditions is required. As previously mentioned, coming into contact with micro leaders (in this case, employees) at the pertinent MDAs is the same as running into “Jàgùdà.” There are formal procedures for applying and obtaining approval for necessary documents. Micro leaders typically took advantage of the situation and made a sizable amount of money unofficially because many candidates were desperate and willing to break the law. These applicants also believed in playing the game of bribing their ways.

Ologun (not his actual name), a potential migrant based on further study, had a bad experience with Danladi (not his real name) at the Ministry of Foreign Affairs, where he is supposed to authenticate his certificates. The Authentication Unit accepts applications at 9 a.m. and closes at 1 p.m., with applicants expected to arrive by 3 p.m. or 3:30 p.m. to pick up signed certificates. Many applicants believe that the time between submitting and obtaining submitted certificates is too long for those who wish to submit at embassies in Abuja and Lagos. As a result, the desperation to get the credentials back before the deadline. Seeing the desperation, micro leaders take advantage of it, manipulating individuals who cannot wait for the period.

To avoid becoming a victim, Ologun left his location in Abuja earlier and made his way to the Ministry. Unfortunately, the guidelines that were in place for accepting applications the day before had been changed by the time Ologun arrived at the Ministry. He and others were asked to pay for the application and buy envelopes, which were not previously part of the procedures. Employee stated unequivocally that Ologun must arrive before 1pm. Ologun ran to the payment station within the Secretariat premises and returned at 12:58pm. Unfortunately, Danladi stated that the Unit had been closed. This statement did not bode well for Ologun because Danladi was in the process of compiling some  applications for final transmission to another employee who signs submitted certificates. Ologun, like others, did not want to miss his embassy appointment. For several minutes, he implored Danladi to think about him. The sole choice presented to him (Ologun) was to part with a particular sum of money.

Ologun: Please assist me. I got here with very little money. I only have N3,000 remaining. I’ll spend N1,000 to get back to my location. Please accept N2,000 from me.

Danladi: It appears you are not prepared. Your bank balance is N8,000.

Ologun: Sir, I am merely authenticating certificates and not evaluating them.

Danladi: I’ll see you later. There are eight papers in this folder.

Ologun: Sir, I only have my first degree diploma and transcript on two separate sheets. Others are duplicates.

Counting the documents

Danladi: One, two, three, four, five, six, seven, and eight, Danladi. These are the eight documents that result after signing all of these (he showed back pages and possible places of stamping)

Ologun: Sir, please consider me your brother. What can you do to help me? I only have N2,000 on me.

Danladi: I see you’re shouting a lot. You want people to hear the bargaining.

Ologun: All right, sir.

Danladi: I’m leaving because you’re not prepared.

Ologun had no choice but to leave the Ministry and return the next day. Unfortunately, his expectation of completing the forms before his embassy appointment at 10 a.m. fell through. The next day, he met with another group of staff at the Unit (Danladi was only seen moving in and out). The employee in charge stated that submission would begin only when another staff with a form for registering applicants returned to work. After a few minutes of waiting without the resumption of the said employee, the collector (employee) walked to an office and picked up the form. Ologun was duly registered and submitted his documents after complaining about special treatments being given to some applicants. The same collecting period was announced as the day before. With this announcement, Ologun concluded that he would no longer be able to meet his appointment time at an embassy. It was postponed for another day. It was, however, surprising that the same group of employees surreptitiously assisted those who offered them money and got the documents out for them before the deadline.

Legalising Express Service

Can we legalize express service, based on Ologun’s and others’ experiences in various ministries, departments, and agencies across the country? Because desperation is synonymous with express service, our analyst believes it is past time for the government to explore legalizing express service, which is now being exploited by micro leaders and their cohorts. Legalizing it will help the government increase its revenue profile while also reducing corrupt activities. Based on experience, macro leaders (particularly political leaders) not only contribute to the country’s problems in a quantum-like fashion, but micro leaders are also contributing to many socioeconomic and political challenges.

Why Must You Choose a GSA Locksmith for GSA-certified Security Systems?

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Do you know why you need GSA locksmith services for your safes and vaults? Find out with this helpful guide and learn who to call for results!

Security lock systems often get damaged and require a repair. You may not realize it, but GSA-certified containers, vault products, and safes are prone to wear and tear. Sometimes, the locks also get neutralized, which alters their condition and requires recertification.

While such products are often used by the government, they can also be used at home. If your safe is damaged and requires repair, it’s best to call us as your locksmith service. We can assist!

What’s Container Recertification?

When it comes to a GSA-approved safe or vault lock system, recertification is the process where an appropriate locksmith inspects the container, vault, or safe that was already approved and determined to be in a good condition based on the DOD lock system program.

The container must comply with the standards and requirements set for keeping classified materials and documents safeguarded that belong to the federal government.

Recertification services only apply to security lock systems that reach those standards for containers, safes, and vaults that store explosives, ammunition, and arms. Contact us to find out more!

The Container Recertification Process

The recertification process starts with the detailed inspection, ending with recertification. While it’s comprehensive, it also ensures that the lock is safe. You generally require a locksmith service to assist. Here are the steps we take:

Inspection

Inspecting GSA-certified security lock systems must only be done by authorized people. Qualified locksmiths must pass a training course and background check before they’re allowed to handle government property.

These professionals know the standards for all classes of GSA lock systems and inspect the safe, vault, or container thoroughly. Contact us to learn more about our services.

GSA Label on the Container

If the container has the label after neutralization, it can be recertified. Labels show that those lock systems meet all GSA standards for the safe, so they were in the right condition even if they’re now damaged.

The inspector must ensure that the damage or repair didn’t cause a change to the standards of the container or safe used for government products. A lock system without the label on the door can’t be recertified because there’s no proof it was approved initially. Please contact us for service to see if we can help.

Was It Drilled? What Was the Impact?

Even when you’re neutralizing locks on the security containers, a key factor is the standards. A container can be eligible for recertification if it was drilled by GSA regulations. However, if the process didn’t follow the requirements, your inspector can’t approve it to be recertified. Now, you must purchase a new vault or safe with an appropriate lock.

Overall, the regulations are set to ensure that the process of recertification doesn’t affect the quality or standard of the door or lock. That means they are still fit for storing classified items and only giving access to the person who needs it.

Contact us to request our services today!

Are the Parts of the System Present and in the Right Places?

The inspector checks for the parts to the container, which includes the door (with lock) and everything else. If components are missing, it’s said to be in poor condition to store classified items and documents. Therefore, a lock system like this can’t be recertified. You must buy a new one for your home or find the original parts. Contact us for service today!

Does the Container Feature the Original Serial Numbers?

GSA-certified security lock systems require serial numbers when they’re bought. They are the identity and should be kept intact. Drawer containers often have the numbers inside one of the drawers.

If you want to ensure that the vault is safe for storing classified items, ensure that you can still see the serial number when you repaint it so that it’s eligible for recertification services.

When Should You Recertify Your GSA Container?

You may recertify the GSA security lock after modifications that might alter the original state. It’s best to have it recertified and inspected by a GSA-approved locksmith. Here are key changes to consider:

  • Welding containers or safes
  • Repainting the safe
  • Drilling holes in the safe while trying to forcibly open it
  • Neutralization (opening the container by force)
  • Welding the safe, vault, or container after a repair

It’s best to recertify the security systems if they don’t have labels. To continue using it as approved by the federal government, it must be recertified. The locks are deemed unfit without that approval.

Therefore, it’s ideal to request our locksmith service for the best results. If it’s recertified or relabeled, it goes through the appropriate inspection process. You know it meets all federal standards. Then, the professional can affix the recertification label so that all is well.

Who Should Recertify the GSA Containers?

It might not be possible to recertify the system. The US government GSA selects locksmiths to recertify locks and systems because they understand the standards in place and are qualified to inspect and watch for issues.

Make sure you use a GSA-certified locksmith because they have the authority to recertify and inspect the lock systems on your safe based on federal standards and their training. Using their services ensures that everything is done properly.

When you choose appropriate locksmith services, you get the satisfaction of knowing that the safe serves its purpose and offers government-level safety for classified documents and valuables. Contact us for assistance!

Conclusion

We can inspect and recertify all of your security lock systems so that you can continue storing classified items and valuables. You need a locksmith service that works for your home safe and protects your investment.

Whether opened by key or code, our GSA-approved service ensures that you get what you need. Don’t let the unskilled take control of your safe or vault!

Call us to request GSA locksmith services today. We will make sure that everything’s done correctly to protect your investment. No one wants to worry that their safes might not be efficient or effective anymore. There’s nothing to fear when you choose our recertification and inspection services.

We Welcome Investment Clubs, Cooperatives, etc to Co-invest with Tekedia Capital

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We are welcoming more investment clubs, cooperatives and friends & groups investing clubs to Tekedia Capital Syndicate.  Through our Syndicate, your members and communities will invest in amazing startups and Africa’s empires of the future. Our next investment cycle begins on Sept 19, 2022.

Simply email our team via the contact here https://capital.tekedia.com/contacts/. We will schedule a Zoom meeting to explain our investment thesis and playbook.

From Canada to Saudi Arabia, Nigeria to the United States, and beyond, Tekedia Capital is serving; let’s assist you to build the wealth of the future. We work with investment clubs, individuals, companies, associations, cooperatives, etc; join us.

Apple Moves to Disrupt Google and Facebook Ads Duopoly Following iOS Policy Changes

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For years, Google and Facebook have dominated the online ad space, creating a duopoly that no other company has dared to challenge until now.

Apple is unexpectedly challenging the status quo, and will likely break up the duopoly soon if the current trajectory is maintained.

According to a study published Tuesday by Appsumer, which was reported below by CNBC, Apple is gaining momentum in digital ads, while Google and Facebook appear to be losing steam.

The research, based on an analysis of the online ad budgets of over 100 different consumer app companies, found that Apple’s ad business has benefited from the company’s major iOS privacy update in 2021, which made it more difficult for companies like Facebook to track users across the Internet.

Apple’s search ads let people advertise on the iPhone maker’s App Store. Advertiser adoption rate for the second quarter rose almost 4 percentage points from a year earlier to 94.8%, while Facebook adoption fell 3 percentage points to 82.8%, Appsumer said. Google’s rate declined 2 points to 94.8%.

Apple has “joined the duopoly of Facebook and Google at the top table of advertiser adoption,” according to Appsumer, which is owned by InMobi.

Shumel Lais, general manager at Appsumer, attributed Apple’s improved standing to an increase in the number of app developers willing to pay big money to bolster downloads. At the same time, Apple’s App Tracking Transparency (ATT) update has limited the amount of data ad-based apps like Facebook can use to help brands with their online ad campaigns.

“One of the things that’s quite interesting is the ATT measurement limitations that are kind of put on the wider network doesn’t exist in the same way for Apple,” Lais said. “So you could say Apple has slightly more visibility or an advantage across the other channels on iOS.”

Apple’s rise in online ads for developers mirrors Amazon’s position in e-commerce, as retailers spend more money to promote their products on the site they rely on for customers.

In terms of overall app developer spend on online advertising, referred to as share of wallet, Google remains at the top, with 34%. Facebook is second at 28%, followed by Apple at 15%. Amazon wasn’t listed because it’s not a platform for developers.

At the lower end of the market, TikTok overtook Snap, which has also been hammered by ATT. TikTok has 3% market share, and Snap is at 2%, Appsumer said.

Even though it topped Snap, TikTok’s adoption rate dropped nearly 7 percentage points in the second quarter. Lais said app developers are still trying to figure out what ads work well on the short video service.

“Brands are maybe still adjusting to making TikTok work for every vertical,” Lais said.

The numbers weren’t all bad for Facebook. Its share of wallet rose 4 points to 28% in the fourth quarter, indicating the social media company is experiencing some “signs of recovery,” Lais said. In July, Facebook parent Meta reported a stepper-than-expected drop in second-quarter revenue and said sales will drop again from the year-ago period in the third quarter.

Lais said Facebook benefits from the serendipity of ads, versus Google and Apple, which serve ads based on search terms.

“Facebook still has very unique properties and people are in a mindset where they are in kind of a discovery mode, so there’s still opportunity there,” Lais said.