DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 5028

Global Supply Chain and Contracting at Tekedia Institute

0

He served the U.S. Army for more than 20 years. He rose to the positions of the Director of Contracting Operations, and Director of Logistics. If you can run logistics for the military, you really know logistics.  is the godzilla of global supply chain and contracting.  Tomorrow (Thursday), he will be in Tekedia Mini-MBA Live to discuss global logistics and contracting.

Bayo, the CEO of Adebayo Adeleke LLC, and Founder of  recently unveiled a publication on supply chain. Get the magazine free here – supplychainafrica.org . It is a masterpiece and something that will improve your business.

We all know that supply chain = commerce, meaning that  if you do not understand supply chain, we cannot run an efficient commercial venture.


Adebayo Adeleke, a Tekedia Institute faculty, founder of Supply Chain Africa, and a global leader on supply chain, launched a magazine on supply chain with focus on Africa. If you are in the space of supply chain and logistics, this is the industry magazine you are looking for. Mr Adeleke is a combat veteran of the United States military. He rose to two key positions in the US Army – Director of Logistics and Director of Contracting Operations.

In our Institute, he has mentored many innovators and CEOs in the supply chain sector. As an Institute, we ask everyone to visit supplychainafrica.org and download the magazine, free. It is a masterpiece and will direct you on the path to business growth.

As I Posited, Liz Truss Makes The Finals To Replace Boris Johnson with Implications for Ukraine

3

On July 7, I wrote a piece titled “United Kingdom Cooks for Boris Johnson; He Ran Away” explaining how Mr. Johnson could not handle the pressure in the UK. Hilary Unachukwu dropped a note: “ I wonder how this affects the Ukraine war.” I responded to him as follows: “Big unknown indeed. Kiev may be worried. But they could pick Liz Truss who may even send British soldiers to Ukraine….She is the toughest woman in UK. If they make her PM, Margaret Thatcher’s era may look weak.” (Follow the conversation here ).

When Boris resigned, I scanned the whole United Kingdom and the only leader I felt was possibly going to become the new Prime Minister was Ms Truss. I had dropped her as the new potential new Prime Minister. British politics is highly predictable as they elect for the “moment”. What that means is that they look for the leader who can solve the immediate challenges they face!

Boris Johnson became the PM because they felt he was going to get Brexit done. Right now,  one of the main challenges facing the UK is how to resolve the Russian conflict with Ukraine. Sure, it is not a direct confrontation with the UK but if you go back to the imperial age when Britain used to level kingdoms, the country feels lost that it cannot do much to stop Russia. But in that powerlessness, Ms Truss, the foreign secretary, has come out bold and ferocious.

Today, the final two contenders for the PM post are Rishi Sunak and Liz Truss. The 160,000 party members will now vote in the next coming weeks to elect the next prime minister. Her premiership will bring urgency in the conflict in Ukraine. But yet, the UK does not have the might to really do much despite big talks. The Great Britain which used to annihilate kingdoms and colonized them is a shadow of itself but Ms Truss will ensure that the West does not forget Ukraine really fast, even in a hot summer or cold winter.

Yet,  I must acknowledge that Rishi is a strong candidate. With inflation rising and economic challenges heating up, those 160,000 party members could decide to forget geopolitics for family moments and grocery budgets. Except a close race.

Boris Johnson will be succeeded as prime minister of the United Kingdom by either Rishi Sunak or Liz Truss after the Conservative Party leadership race was on Wednesday narrowed down to the final two candidates.

Johnson resigned as party leader earlier this month after a series of scandals led to dozens of ministerial resignations. Ten Conservatives stood in the contest to replace him, and over five rounds of voting, members of parliament whittled those down to two.
Sunak won 137 votes and Truss got 113 votes in the final round, while Penny Mordaunt with 105 votes lost out.
Now about 160,000 rank-and-file members of the party will have their say, and in September the winner — and next prime minister — will be announced.

Comment on LinkedIn Feed

Comment 1: The UK requires highly sophisticated PM with deep insight in geopolitical games to help shape the world positively in these turbulent times. While dealing with Russia-Russia conflict is an immediate challenge, the shifting geopolitical balance towards east requires accurately measured and thought leadership. In my view, Rishi should be a better pick than Truss

My Response 1: Fair – we will see. Russia has shown that economic resilience is the battle of the 21st century. So, the UK may even be looking for who can secure that economic future as India and China rise. If that is the case, Rishi wins.

Comment 2: I will play the devil’s advocate here. I prefer her to Rishi because the once powerful vibrant voice is increasingly loosening her vibrance on the international scene. The last time, to my knowledge, that voice vibrated globally was Blair’s era. I hope, however, she will not step on the same banana peel that Theresa and Boris fell on —out of favor and flavors!

My Response 2: Empires rise and fall due to the economy. Today, many in Washington DC respect the governor of Russia’s central bank for two amazing playbooks she engineered hours after the first sanction came. She saved that economy.  The power of Britain comes from its economy. Recently, it is withdrawing. Unfortunately, geopolitics does not allow vacuum: when you cut that child aid to Mali, China replaces it and next time, you become a stranger.

 It is not about big talk – it’s about “can you write the cheques”.  The neutral state of Africa on Russia-Ukraine war is because the West has no leverage on the continent. If China is EU, they would have sided with China…you need the next loan to finance corruption and waste.

 

From NNPC to NNPC Limited; Expect NNPC Plc by 2030 in Nigeria

0

As we congratulate Mr. President for the transmutation from Nigerian National Petroleum Corporation (NNPC) to NNPC Limited, I want to share a piece I wrote in 2017 where I made a case that we should even go beyond NNPC Limited to NNPC Plc. Certainly, Buhari’s regime will not do that because of time. Nonetheless, I expect NNPC to become a publicly traded company by 2030 in Nigeria. This was my conclusion in the 2017 piece:

‘NNPC is not Transcorp which killed the dreams of many investors when it tanked in the Nigerian Stock Exchange. Transcorp, unlike NNPC, did not have any asset when it started. It was a business people invested based on promises and expectations. But NNPC has one of the best assets in continental Africa. NNPC is Nigeria and it generates products which are exported around the world. It is a rainmaker, generating more than 80% of Nigeria’s foreign exchange.

‘ A listed NNPC will be massively (globally) oversubscribed and will drive huge capital accumulation in Nigeria. It will be a moment of glory. But yet, more money has never improved Nigeria. So “selling” NNPC to the market may not change anything in the long-term. That is the most unfortunate thing about Nigeria, and the reason why NNPC Staff, the Labour Union and students will say “HELL NO, DO NOT DO IT”.’

NNPC Plc – Nigeria Should Take NNPC Public To Boost Transparency

Mr. President, Nice Job on NNPC Limited. Now, NNPC Plc

1

Let me commend President Buhari for getting the job done on NNPC. Yes, Nigerian National Petroleum Corporation (NNPC) is now a commercial venture – a limited liability company, limited by shares – and not just an amorphous gigantic conglomerate. Welcome NNPC Limited.

Yet, there is really nothing to write since changing name, corporate formation, etc,  will not change some of the underperforming elements. We still have to improve productivity and deepen innovation in the nation’s top foreign exchange earner.  

Those changes must be done for us to unlock the latent opportunities within that company. I did three internships in NNPC and enjoyed the benefits of learning under some of the finest engineers in our nation. The first time I touched a computer was in NNPC – NGC, Moscow Rd in PHC – and the first time I changed an instrumentation and control knob was in Owasa Gas flow station.

As I wrote in 2017 when I posited that Nigeria should go all the way with NNPC Plc, I want Mr. President to take this to the Nigerian Stock Exchange. Of course, I did note the challenges that would bring, but we have to go all the way: “Nigerian can get a valuation of $300 billion for NNPC Plc”. Read more on my case for NNPC Plc.

NNPC Plc – Nigeria Should Take NNPC Public To Boost Transparency