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Improve your rural business strategy in Nigeria because disruption is coming

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Rural education. Rural agriculture. Rural healthcare. Rural economy. As Starlink arrives, some startups in the satellite space will begin to make progress in the Nigerian rural business space. Beeptool has been working with Starlink on the master license. We believe that an improved network quality, not necessarily cost, will shift the upper tier market. 

If the network is reliable in Dutse, why do you need to be in Abuja to create that software which is going to be distributed via the internet? If you can link that school in Ovim with reliable internet, the Auntie in London can teach the kids how to master calculus after school. Expect more possibilities.

Improve your rural business strategy in Nigeria because disruption is coming. Watch my video; I predicted the moment is 2022!

Nigeria Approves Elon Musk’s Starlink for Satellite-Based Internet Services

Join Us – “The Mission and Purpose of Firms – Unlocking Market Opportunities via Innovation”

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At 12 noon WAT on June 6, 2022 (next Monday), the 8th edition of Tekedia Mini-MBA will begin. It will run for 12 weeks, ending on Sept 3, 2022. I want to welcome our co-learners to this academic excursion.

Login for the course portal will go out on June 1. All partners across Africa and beyond, helping with enrollments, please do all to send member lists to Admin. If you registered via BusinessDay, FinQuest Finance, ASIF India, LI South Africa,  etc; they will work with Admin to ensure you have your login on time.

I specifically welcome those who are joining us for the special courses on satellite and open banking –  “Satellite Internet – Business and Career Opportunities” and “Open Banking Era”. For the satellite, the pre-recorded courseware will go live and the Live Zoom session is scheduled for July 16. More info will be provided in the Board.

We’re Tekedia Institute, we know the physics of business, and we’re truly honoured for the opportunity to co-learn with you. WELCOME!

If you have not registered, do so and join us. I will begin the live class with a presentation titled “The Mission and Purpose of Firms – Unlocking Market Opportunities via Innovation”

https://school.tekedia.com/course/mmba8/

 

NDUBUISI EKEKWE, BEng (Owerri), MTech (Akure), MBA (Calabar), MS (Tuskegee), MSE(Baltimore), PhD Finance (Turks&Caicos), PhD Engineering (Baltimore)

  • Professor and Lead Faculty, Tekedia Institute

CONTROVERSIAL BOOK: Unjust Profit, Intellectual Right Theft, Neocolonialism Dominate Conversation as Nigerians Express Mixed Feelings About Soro Soke Book

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Our analyst has discovered undeserved profit generation, intellectual right theft, and the global north’s reintroduction of colonialism through intellectual property rights of the people in the global south as three dominant topics of discourse in the physical and virtual platforms since yesterday as Nigerians, especially the youths, continue to express mixed feelings about Soro Soke, a book written by Trish Lorenz.

Hundreds of posts on Twitter, Facebook, Instagram, and WhatsApp demand that the book be withdrawn from various online bookstores, and that the book’s publisher, Cambridge University Press, not make the paperback version of the book available to the public. The use of Google Trends to track public searches reveals a significant amount of interest in learning more about the author, Trish Lorenz, as well as “soro soko” parlance.

Apart from the fact that Nigerians voice their dissatisfaction mostly through social media, one of the youths has also established a petition on Change.org, a global internet platform that allows people to write petitions, get them signed, and have them acted upon by relevant stakeholders. Our analyst identified a total of 131 signatories to the petition, which calls for the book to be removed from online bookstores and the author to be prosecuted for intellectual property theft and the revival of colonialism through book publishing.

In the petition, the petitioner stated two critical areas the publishers and concerned stakeholders should pay attention to and address immediately. According to the petitioner, “This book is intellectual property theft and gross disrespect to Nigerians. It is pouring salt on our open wound. Therefore, publishing must be halted and it should be pulled from all bookstores. (This has been done before when the book “Bad and Boujee: Toward a Trap Feminist Theology written by Jennifer M Buck, was pulled for cultural appropriation and intellectual property theft.). Public and written apology to Nigerians from Trish Lorenz. This is the right and responsible thing to do. Anything less is complicity in theft erasure and racialized neocolonial violence.”

Our analyst adds that, based on the number of reviews (107) on Google Book, conversation appears to be producing beneficial consequences, as all of the evaluations were negative to the book and publishers. Similar patterns of discourse were discovered by tracing analysis of the evaluations on social networking sites. Because the author was not in Nigeria during the EndSARS demonstration, the majority of Nigerians and other Africans who evaluated the book stated that the author could not do credit to Nigerian youth hopes and resilience. One of the reviewers stated that it is impossible for someone who walked through the streets of Lagos, particularly Lekki (the protest’s site), after the protest to claim complete knowledge of what occurred and the audacity to claim she coined the Yoruba slang for scolding an interlocutor during a conversation.

“Trish Lorenz has been a journalist for more than 15 years. She is a regular contributor to titles including The Guardian, The Financial Times, and The Telegraph, among others. Formerly a design columnist at The Independent and the Lisbon correspondent for Monocle magazine, she covers subjects ranging from design, art and culture to travel, politics and human interest pieces from around the world.”

We’re Establishing Africa Fintech Interconnectivity Network (AFIN) To Help Fintechs, MFBs, etc Connect via Satellites

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We have been using the SpaceX Starlink system in Nigeria for months, and the thing works. The uptime is good.  We bought it in  the United States and deployed it on a farm in Nigeria, to help in our agriculture business. As Starlink arrives in full, we now want to move to the real reason we have been running experiments in the satellite space.

Our big project is to build the Africa Fintech Interconnectivity Network (AFIN) to make it possible for fintechs  to transmit financial data across any location in Africa through a reliable network. We will begin in Nigeria and then expand to Africa. Focus will be at the connectivity layer (not monetary value layer) and the linkages will be built at the satellite level (with radio supporting where necessary), not just at the internet level. I think you can build massive wealth at the satellite-satellite level but some devices will be needed here and there.

We think that fintechs, microfinance, small banks, exchanges, etc will need this solution if they plan to serve not just urban Africa but rural Africa. Our network will help you link all your systems across Nigeria.

On July 16, 2022 at 6-8pm WAT, Tekedia Institute will present a live session of our course on Satellite Internet in Nigeria: Business and Career Opportunities. We will present setups and more insights on how this technology can unlock opportunities for many. We will show the Starlink system and how it works with some technical insights. You can register to join here.  More so, we will also share more insights on AFIN.

(Masked the brand logo to avoid problems with the regulators. But for you to know, some of us use networks without any relationship with the GSM networks in Nigeria.)

Nigeria’s Peoples NoTurnout Party (PNP) Would Have Won All Elections!

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If INEC allocates “votes” from those who registered but do not turn out on election day, to Peoples NoTurnout Party (PNP), the party would have won all elections in Nigeria since 1999! In 2019, registered voters were 82,344,107 but only 28,614,190 voted, implying that PNP would have won the presidency over Buhari.

In Anambra State gubernatorial election, only 10.3% of registered voters showed up; yes, close to 90% did not show up. If INEC keeps this fair and free, and security is improved, the people still hold the latent power.

In the Obama era, African Americans broke records with some precincts recording 95% turnout. But when it was Hillary Clinton time, some of those could not even hit 56% (had she kept at least 70% in some battleground states, she would have defeated Trump).

My point is this: we overrate political structures. The biggest issue is that people simply do not VOTE. I can assure you that in 2023, the party that will have the most votes will not be APC, PDP, Labour, etc; it will be PNP. But you have a chance to change that! Nigeria 2023 will be open

Atiku Gets PDP Flag for Presidency – And The Battle Ahead with Obi, Tinubu