DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 5166

Nigeria 2023: The Late Rush Into APC Presidential Race

0

Barely five days before the All Progressives Congress (APC) closes the sale of its expression of interest and nomination forms, three more aspirants have declared their intention to run for the presidential ticket of the party.

The rash of declarations has raised the fear of a game plan to compel the ruling party into throwing its presidential race open to aspirants from all sections of the country.

The new entrants into the race are a former National Chairman of the party, Adams Oshiomhole; the Minister of Niger Delta Affairs, Godswill Akpabio; and the Ekiti State Governor, Kayode Fayemi; erstwhile Governor of Ogun State, Ibikunle Amosun.

Also, the Jigawa State Governor, Mohammed Badaru, obtained the APC presidential forms at the party’s national headquarters on 4th May 2022 in Abuja after announcing his decision to contest just the previous night to the day, in Dutse, his State Capital.

According to various sources, Senate President Ahmad Lawan has concluded arrangements to make his declaration this week, while the Minister of Science and Technology, Ogbonnaya Onu disclosed he would formally announce his interest in the same office on Friday, 6th May 2022.

Earlier on Tuesday, 3rd May 2022, a businessman, Gbenga Olawepo-Hashim, joined the rush and abruptly declared his bid.

The new entrants this week have taken the number of aspirants to about 23 who may participate in the APC presidential primary, which will be held between May 30 and June 1 in Abuja.

As of the evening of Wednesday being May 4, 2022, six of them had picked the APC presidential forms after paying N100 million each.

The aspirants who have grabbed the party’s presidential forms are: the National Leader of the party, Bola Tinubu; Kogi State Governor, Yahaya Bello; Ebonyi State Governor, Dave Umahi; Minister of State for Education, Emeka Nwajiuba, and the Jigawa State Governor, Mohammed Badaru.

The sixth, a female aspirant, Uju Kennedy picked her forms after paying the sum of N30 million. It’s noteworthy that the party had said female aspirants would only pay for the expression of interest forms.

Other aspirants reportedly set to pick the forms include Vice President Yemi Osinbajo; Minister of Transportation, Rotimi Amaechi; Minister of Labour and Employment, Chris Ngige; former Imo State Governor, Rochas Okorocha; Cross River State Governor, Ben Ayade; a former House of Representatives Speaker, Dimeji Bankole; a former Governor of Ogun State, Ibikunle Amosun; including other chieftains of the party such as Ihechukwu Chima, Usman Iwu, Mr Tein Jack-Rich and Adamu Garba II.

It’s worthy of note that five of the aspirants are from the Northern part of the country, while 18 are from the South. The entrance of the northern aspirants feeds speculation that the party is under pressure to throw its presidential primary open to all comers.

The APC was assumed to have zoned its presidential ticket to the South after it announced earlier this year that its northern and southern zones would swap the party offices they were holding at the National Convention of the party on March 26.

The arrangement led to the emergence of Sen. Abdullahi Adamu as the National Chairman of the party, the first person from the North to hold the office since the party was formed in 2014.

However, just penultimate week, Friday, 29th April 2022, Sen. Adamu made a u-turn, saying the party was yet to decide on zoning, a statement that drew criticisms from across the South.

Responding to the statement, the Ondo State Governor, Rotimi Akeredolu warned the party against throwing the race open or zoning the presidency to the North.

Based on reliable reports, the APC is expected to decide on the party’s zoning formula before the presidential primary.

A similar situation is going on in the opposition Peoples’ Democratic Party (PDP) where five of the 17 aspirants who had picked the party’s presidential forms are from the North.

Although the party set up a committee headed by the Benue State Governor, Samuel Ortom to advise it on the zoning issue, the sale of the forms to the Northern aspirants indicates that the primary race of the party has been thrown open to all the zones in the country.

From my observation, the APC is of the view that if the party zones the presidential ticket to the South, while the opposition PDP throws theirs open to all comers, it would give the latter an undue advantage over the former.

In other words, the ruling party wants to be extremely careful over the zoning issue, hence would want to take their time to decide on it. They have understood that the PDP would leverage on any mistake made by the party to ensure their (PDP’s) victory at the polls come 2023.

Whatever the case might be, I would advise the APC to consult widely before taking their final decision. But while they do so, they must understand that the party’s chairmanship position had already been given or zoned to the North, hence the need not to rob the South their rightful entitlement.

Five things great startup founders do!

0

In most spheres, some businesses become great, some that break even, and some that barely manage to survive. Business owners define success differently, some define it as a boom in their revenue while others may look at it more in terms of impact on their community and world. No matter what success means to you, there appears to be something common to great startups, that others may be lacking.

Most of these things do not come up later in the business. They are applied from the first day the business hits the ground and sustained till growth.

Delegating and outsourcing

As you well know, the entrepreneur always has a lot to do. sometimes even after hiring staff to get the same thing done. To build a great startup, you have to keep delegating on the front burner. When hiring, keep in mind that you may someday have to delegate your CEO duties to those staff, so do make sure they are capable.

Outsourcing is the second face of delegating. If you do not have staffs who possess the competency you require in a certain area, don’t hesitate to outsource the task. The important thing is that at every point, you should have experts handling different tasks. Expertise and competence are things great startups take seriously. This can be difficult for some CEOs and founders as they struggle with guilt over not supervising each task on their own. At some point you are going to have to step back from the business to scale, you might as well start preparing for it early enough.

They empower staff with clear functions and directions

For great startups, there is a structure around hiring staff so that right from the resumption, they are empowered to deliver the right results. Clear expectations are set, roles are defined, and clear instructions are given. With this kind of structure, you will hardly have underperforming staff, and when you do, it is quite easy to spot them and address the issue.

The not-so-great startups go ahead to hire staff even when they have not clearly defined the expectation for that role, and end up with staff wandering about the office, not sure exactly what they should be doing. They usually would have big titles without clearly spelled out duties and responsibilities. They would also have lots of underperforming staff, resulting in a bloated budget without corresponding results.

They maintain a two-way communication flow with staff

As against the one-way communication flow among other businesses, great startups build two-way communication with staff. So, instead of firing staff for not meeting expectations, great startups have a process of finding out why and where they are struggling with their functions and empowering them to succeed. To build a great startup, be ready to teach your staff how your business operates. They may come to your company with their technical skills, but you have to teach them the peculiar operations of your business.

They take data security seriously

Successful entrepreneurs run a tight ship in data security for their business, and they enforce all the necessary protocols to maintain it. You need to know to protect the sensitive proprietary data that comes to your employees through their work email inbox. You don’t want to later find out that data that should have been protected was being compromised, perhaps by employees who save, forward, or text them.

If your employees lose control of their email account, forward emails to the wrong person, or intentionally share an attachment against your wishes, it can be tremendously damaging to you, your customers, and or business partners.

This is something that should be done from the first day because if you fail to define the data security protocols early enough, it gets more difficult to do so when the firm has scaled. It might require training existing staff on data security protocols and implementing certain security measures.

They maintain a work-life balance

It is very interesting to note that the startups that produce the best results are not always the ones overworking their staff to the bones. A 2014 study by John Pencavel at Stanford University shows that a 55-hour workweek produces the same results as a 70-hour workweek. Overworking yourself and your staff may not result in more productivity, and in fact, more hours may translate to less productivity. Maintain a work-life balance and allow your staff does the same.

Can Eric Ten Hag Turn Things Around At Manchester United?

0

Manchester United, fondly called the “Red Devils”, which was once the pride of England is currently facing a crisis as regards their performance on the pitch. The once dreaded team has lost its formidable nature, with even mid-table teams defeating them on countless occasions. With 2017 the last time they won a major trophy, they are now on their longest drought in four decades.

In a bid to end its unending woes, the club has been hiring and firing managers who could not pull them out from sinking. Just recently, the club has hired Eric Ten Hag who is set to leave Ajax, to take over from interim boss Ralf Rangnick at the Old Trafford this summer.

His employment has however raised questions if he will be able to turn things around at the club. Following Sir Alex Ferguson’s retirement from the club in 2013, it seems he left a very big vacuum that has been quite difficult for other managers to fill. The managers hired after Ferguson all seem to be performing below the club’s standard.

After Ferguson’s departure, Dutchman Louis Vaal was appointed to the club, where he lasted only two years before he was shown the exit door, despite winning the FA cup in his final game. Soon after United hired the tactical Jose Mourinho known as “The special one” who won the Europa League in his first year, but things quickly went downhill which led to his sack.

Soon after, United legend Ole Gunnar Solskjaer, fondly called “The babyface assassin”, replaced him. He took the red devils to the Europa League final but unfortunately failed to win it, coupled with the awful league match performances which led to his sack.

The club then proceeded to hire Ralf Rangnick who is currently United’s interim coach as his tenure has also seen the club struggle greatly, also missing out on the champions league spot. Then United has officially signed a new coach, Eric Ten Hag who will officially take over from him next season.

Ten Hag has been given a three-year contract, with the option of a further 12 months after that. Will his take over at United restore the team to its glory days? Only time will tell. There have been different analyses from football pundits who stated that Ten Hag could face similar problems just as other coaches.

They further disclosed that United does not only need a new coach but what the club needs is a major rebuild. They are aware that there is no quick fix to their current state, as it will require patience from the management. One will also be tempted to ask if the board will be patient enough with Ten Hag, given that none of their previous four managers after Ferguson lasted in the job for more than three years.

Looking at how bad the club has fallen with its absence from this year’s champions league, Ten Hag obviously has a very big task ahead of him. Although looking at how exceptional he performed at Ajax, he will likely replicate such at United, giving them the desired results.

All that is required from the United board is patience, as such changes will not happen overnight but rather with one step of the rebuild. Having watched a lot of games played by this present United squad, I will say that Eric Ten Hag’s tactical prowess will not be enough, as most of the players in the present United squad need to be overhauled.

Expecting a different result, while using the same players will be counterproductive for him. He needs to sign in more fantastic players, hopefully, the board will be willing to release the required funds. With the introduction of fresh legs, he will definitely turn things around at the club.

APC Presidential Aspirant Quits Over Zoning – Nigeria 2023

0

An All Progressives Congress (APC) presidential aspirant and leader of the agitations for Middle-Belt Presidency come 2023, Moses Ayom, has abruptly withdrawn from the impending race, citing irregularities.

He attributed his decision to the last minute dumping of the zoning arrangement by the leadership of the APC.
Ayom, according to a statement by his media office in Abuja within the week, announced his withdrawal while breaking fast with members of the Interfaith Clerics Council of Nigeria, at an event centre he donated to the APC.

The party chieftain disclosed that his withdrawal from the race was in deference and total submission to the Abdullahi Adamu-led National Working Committee (NWC) of the APC.

He said, “On the basis of all these, I wish to state without any form of equivocation, that I am standing down my aspiration for the presidency of our country summarily. I wish to state very boldly that we shall return at the right time.”

It’s noteworthy that Adamu had penultimate week told newsmen at the Presidential Villa that the party had not taken any decision on zoning of the presidency.

When asked where the ruling party would be zoning its presidential ticket to, Adamu replied that such a decision was beyond the NWC and was the prerogative of the entire party membership, which he acknowledged was bigger than his position as the party National Chairman.

Ayom said part of the reasons he wanted to contest the election was to bring relief and succour to his people at the Niger-Delta, who according to him, “for decades had not experienced equity, fairness and justice.”

He opined, “A people that had suffered untold marginalisation and maltreatment in the form of economic and social deprivation arising from political slavery. The wanton destruction of lives and property through terrorism, banditry and kidnappings which had been meted out to the region is a classical example.”

On the failure of the party to zone the presidency to the Middle-Belt, Ayom replied that the APC ought to embrace equity and fairness, while expressing dismay at the failure of the party to reduce the N100 million presidential nomination and expression of interest forms of the party.

He said, “Furthermore, I made another passionate call to the leadership of our party a few days ago, to align with the call of Mr. President to avoid the pitfall of conceding the elections into the hands of the highest bidder.
“I called for the review of the high prices for nomination form, the highest in the history of the country. The Interfaith Clerics Council also wrote a letter and visited the National Chairman, asking for a review of the prices, all to no avail.” Ayom frowned.

The withdrawn aspirant advised the President not to jettison the economic diversification policy of his government. He said, “While I withdraw from the race, I want to remind President Muhammadu Buhari of the good decision he took to diversify the economy as soon as he took over the mantle of leadership of this country.

“The specific case of going into partnership with China to sign some MOU in 2016 is an issue here. The President made history by taking me along with Aliko Dangote to China for those deals aimed at diversifying the economy.

“In that business presidential trip, the Federal Government signed $6bn currency swap to facilitate trade between China and Nigeria and to reduce the pressure on foreign reserve. The second agreement, which was the $2.6 billion signed by Aliko Dangote in the mining sector, has started yielding fruits.

“The third was the contract signed by Rev. Moses Ayom on behalf of Granite and Marble, with World’s largest manufacturer of mining equipment, China’s SBM. It is heart-warming that great milestones achievements have been recorded, notably the recent commissioning of the fertilizer company by President Muhammadu Buhari in Lagos, which is the second largest in the World.”

Nigeria’s politicians have apparently turned the political space to a laughing stock, or a comic stage. On a daily basis, a certain Nigerian must declare his intention to emerge as the country’s president come 2023. Funnily enough, one would declare today; the following day, he would withdraw his interest unannounced.

So, this very aspirant actually declared his interest owing to the APC’s initial zoning arrangement? That means, he can’t contest for power if the leadership structure isn’t zoned to his people?

New Players Move Into Nigeria’s Online Food Delivery Services

0

Online food is gradually turning to a huge market in Nigeria that players in the online business are finding it hard to resist. Having grown at a CAGR of around 13% from 2015 to 2020, the Nigerian online food delivery market is expected to hit $848.60 million in 2022, according to data published by Statista.

The growth is being buoyed by many factors including the prevalence of smartphones, tight work schedules, particularly in a busy city like Lagos. Ecommerce giant Jumia leads the pack of other digital business operators who jumped into the food-vending market. Jumia kicked off Jumia Foods in 2020, deploying its logistics infrastructure and digital platform.

The online food market is untapped with huge rooms to accommodate more players, even from the e-commerce sector. Thus, it was not surprising when Konga, another Nigerian e-commerce giant announced that it is joining the food-delivery market.

Konga announced that it will launch its online food delivery business, KongaFood, on Monday 9th of May 2022.

The much-awaited development is bound to raise the bar of service delivery in the budding online food delivery industry in Nigeria, with KongaFood eminently positioned to tow the path of other thriving subsidiaries in the Konga Group by offering Nigerian food lovers more options and better service, while improving customer satisfaction with its unique offerings.

Having undergone a pilot phase which saw its offerings subjected to rigorous testing, all is now set for Nigerians to experience the power of the Konga Food revolution.

Notably, Konga Food has signed up a suite of partnerships with leading restaurant and grocery chains, as well as other choice food outlets, ranging from Cafes, Healthy Food/Drinks, Fast Food, Contemporary Casual, Casual Dining, Intercontinental and Fine Dining to offer customers more variety and a multiplicity of options to choose from.

Driven by cutting-edge technology, an expansive chain of logistics assets and a well-trained army of customer service and delivery agents, KongaFood is poised to reposition the customer at the centre of the online food ordering and delivery value-chain by offering greater visibility, more convenience, quality service, proactive feedback mechanisms and record-breaking delivery times, while also placing the customer in greater control of the entire process.

Feelers from within indicate that customers are in for a revolutionary experience, with technology deployed to new heights by the management of the company to usher in a positively disruptive new vista in the Nigerian online food industry, while also building a seamless ecosystem of consumers, restaurants, grocers and riders/delivery agents.

A number of incentives are in line for customers on Monday, including meal vouchers, freebies and free delivery for early bird orders, among others.

The emerging Nigerian online food market is notably boosting the logistics and restaurant businesses as they are synergized. Following the ban on motorbike transport in Lagos, companies like Gokada pivoted to food-delivery. The trend, which has seen more people joining the labor market as dispatch riders, is expected to make Nigeria’s food industry one of the fastest growing sectors of the economy.