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Looking Beyond the Tribes of Men in Modern Nigeria

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To those bringing diversion politics to my admiration of Chief Ayo Adebanjo, I have a line for you: go and get a life. Until we acknowledge fearless men like Chief Adebanjo who do not ask for contracts from the federal government, and sing their blind praises, we will not make progress.

At my age and God’s blessings, who becomes the president of Nigeria will not affect anything in my life. I mean, it is totally irrelevant to my career or future. But as someone who benefited immensely from Nigeria, I have a moral obligation to see that others get the benefits we got. Nine months to my graduation in FUTO, I was given jobs and jobs. Prof SOE Ogbogu, my HOD accepted jobs for me, in my absence; no interview!

One provided a car, a driver and a furnished 3-bedroom apartment. I went straight from school, after final year project defense on a Friday, and started work on a Monday.  And that was coming from a country which basically paid my tuition under university scholar awards. Things used to be amazing; transformation for families.

While in FUTO, a student union president was Onifade, a brilliant young man from one of the Southwest states. We all voted for him in a school that was largely dominated by Southeast students. I am not even sure that will be possible in FUTO these days! That is to tell you how far Nigeria has shifted.

And decades earlier, the mayor of Enugu was a Hausa man. According to records, they even voted for him twice because he was a great leader in the community. Today, instead of pushing for excellence, fairness and equity, it is all bigotry of tribalism with no core principles or consistency. The results are there and I am sure not many are celebrating them.

We will continue to push for a better Nigeria but do not lecture me with diversion politics. If you go back to the Lancaster House Conferences in London as Nigeria pushed for independence, and read the presentations, you would see what a united front could deliver. Zik, Awo, Bello, etc all figured out their strengths and they maximally deplored them  to the British Colonial Secretary before the Queen’s ratification. They executed the project: independence. 

Today, maybe, some would have sneaked out, diminishing the team’s strength!

The Wisdom of Chief Ayo Adebanjo

Tekedia Capital Congratulates TradeGrid

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Let me congratulate Tekedia Capital portfolio startup, TradeGrid, for a major promotion this quarter. With the capacity to lift millions of liters of fuel weekly, NNPC’s PPMC  has blessed the startup to lift directly now.

TradeGrid is growing in triple digit quarterly, and is now a critical component of Nigeria’s downstream oil and gas sector. Next destinations: Kenya and Gabon.

If you own a gas station in Nigeria, move all lifting and logistics components to TradeGrid. We even finance the supply chain and can handle all aspects end-to-end. Learn more here

I want to thank the team for this super-operational execution and let us continue to operationally digitize the sector. I like #winners.

Tekedia Capital – funding the NEXT African economy.

6 Tips On How to Improve Your HR Department

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It is no secret that most modern companies rely heavily on the work of their human resources department. Whether it’s recruiting and hiring new employees, managing employee benefits and compensation, or implementing training programs and policies, an effective HR team can make a huge difference in the overall success of any organization. So if you are looking to improve your own HR department, here are six tips to get you started.

  • Set Clear Goals

Another important tip for improving your HR department is to set clear goals. What exactly do you want your team to accomplish? Do you want them to improve employee retention? Do you want them to help with recruiting? Once you know your goals, you can start working on a plan to achieve them. Your goals should be specific, measurable, achievable, relevant, and time-bound. In other words, they should be something that you can track and improve over time. It won’t be easy to know if your HR department is truly improving without clear goals.

  • Utilize HR Software

When it comes to improving your HR department, one of the most effective strategies is incorporating HR software into your existing processes. This range of HR tools can help you streamline key tasks and improve efficiency across your team. For example, many HR software programs include applicant tracking and employee onboarding features, allowing you to manage your team from start to finish easily. Other features, such as performance management and payroll processing, can also help to make it easier for your team to work quickly and effectively. 

Companies often use AI to perform a talent assessment test once candidates send their resumes. This is why HR software can help you make better decisions when looking to fill a position.

  • Communicate Effectively

Communication is key in any business, but it’s vital in HR. After all, your team is responsible for handling sensitive employee information. If there are communication breakdowns, it can lead to serious problems. To improve communication in your HR department, start by holding regular meetings. During these meetings, go over any changes or updates that need to be communicated to employees.

It would be best if you also encouraged open communication by creating an environment where employees feel comfortable asking questions and voicing concerns. In addition to regular meetings, you should also have a system for handling employee questions and concerns. It could be an email address or phone number that employees can use to reach out to your HR team. 

  • Outsourcing

One way to improve your HR department is to outsource some of its functions. This can be especially beneficial if your company is small and does not have the resources to support a full-time HR staff. Outsourcing your HR department can be a great way to take advantage of specialized expertise and save money. These firms can provide a wide range of services, including recruiting and hiring staff, administering benefits programs, processing payroll, and handling employee disputes. 

By taking the burden of these time-consuming tasks off your plate, an outsourced HR department can help you focus on other business areas and free up valuable resources. Additionally, given the rapid pace of change in today’s workplace, it is crucial to access experienced professionals who can keep up with employee management and compliance trends.

  • Promote A Healthy Work-Life Balance

In today’s fast-paced world, it’s more important than ever to promote a healthy work-life balance. If your team is constantly working long hours, they’re likely to burn out quickly. This can lead to a decrease in productivity and an increase in turnover. To avoid this, you should make sure that your team has the opportunity to take breaks and enjoy a healthy work-life balance.

There are a few key things you can do to promote a healthy work-life balance. 

  • Ensure that your team members have the opportunity to take vacation days. Please encourage them to use their vacation days to relax and recharge. 
  • Offer flexible working arrangements. This could involve allowing employees to work from home or giving them the option to start and end their day at different times. 
  • Ensure your team members have access to a well-rounded benefits package such as health insurance, retirement savings plans, and paid time off.

 

  • Implement An Employee Recognition Program

Implementing an employee recognition program is an effective way to improve your HR department. Not only does such a program acknowledge the hard work of employees and foster a sense of appreciation within the workplace. They also help boost productivity, reduce turnover, and increase employee engagement. When developing your employee recognition program, consider incorporating various kinds of rewards, from monetary bonuses to more symbolic awards like plaques or trophies. It is important to involve employees by soliciting their input about which rewards they prefer and what criteria should be used to determine whether someone deserves recognition. 

Improving your HR department doesn’t have to be a daunting task. By taking the time to implement some or all of the tips above, you can make a big impact on your team’s morale, productivity, and retention.

Nigeria 2023: Malami Shares Cars Among Party Delegates

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Ahead of the 2023 Kebbi State gubernatorial elections in Nigeria, the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami has reportedly shared exotic cars to the All Progressives Congress (APC) delegates in the State.

It’s noteworthy that Mr Malami had on Thursday, 28th April 2022 declared interest in the Kebbi State governorship race come 2023.

These gifts to the APC delegates may not be unconnected with securing their support, loyalty, and votes for the governorship primary elections slated for May 23, 2022.

The 200 vehicles include 60 Toyota Prado SUVs, 65 Toyota RAV4 SUVs, 35 Mercedes Benz GLK, 350 SUVs and 40 Lexus LX SUVs, based on the report given by a certain politician from the State who was reportedly present at the distribution ceremony, after photos of the vehicles were shared on the social media.

The politician, who pleaded anonymity because of his closeness to Mr Malami’s campaign team, said more vehicles were expected from Lagos to be distributed to politicians across the state before and after the primaries.

The AGF actively pursuing his political ambition alongside his ministerial position has stirred controversy and raised questions about his eligibility to run. However, Mr Malami has defended his refusal to resign.

It’s worth noting that the Section 84(12) of the newly enacted Electoral Act, 2022, states that “no political appointee at any level shall be a voting delegate or be voted for at the convention or congress of any political party for the purpose of the nomination of candidates for any election.”

Subsequently, upon the request of the Nigeria’s government through the AGF, a High Court expunged the said section, citing its confliction with certain sections of the Nigeria’s 1999 Constitution, as amended.

According to Mr Malami, the aforementioned section ‘no longer exist’ until an appellate court restores the expunged it. He’s therefore of the view that he can hold onto his position as AGF and Justice Minister while chasing his political ambition.

Penultimate week, the Speaker of the House of Representatives, Femi Gbajabiamila warned that such obstinate behaviour might result in the nullification of political parties’ primaries.

If the news about Mr Malami is anything to go by, or holds water, then there’s really trouble in the land. A sane Nigerian would rather consider such news as rumour, knowing full well that the politician in question is in charge of the position that’s championing the seeming ongoing anti-graft war in the country.

Let’s assume it’s true. One may wonder how a country’s AGF would be publicly encouraging corruption when he’s expected to be deeply involved in the fight towards its eradication. Does it imply Nigeria is truly a ruse?

Just to clinch the gubernatorial ticket of the APC, he’s sharing exotic cars. That means, if he eventually secured the ticket or emerged as the party’s flag-bearer, he would share jets among the party bigwigs towards the main elections.

We are not unaware that they can never share such items among the electorate, having considered them as gullible. According to them, the voters’ conscience can be purchased with just a N1000 note.

The paramount question remains, how did we really get here? How do we get out of it? Surely, the awaited 2023 polls is the only and apt answer to the inquiries.

(This piece is updated with more info below)

It was earlier reported that the Nigeria’s Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami shared exotic cars among the delegates of the All Progressives Congress (APC) in Kebbi State, ahead of the party’s gubernatorial primary in the State, in respect of his governorship aspiration.

Consequently, the aide of the AGF, Umar Gwandu has refuted the report, saying the friends and associates of his boss donated the exotic vehicles of assorted brands to loyalists in Kebbi State.

In a statement released to newsmen on Tuesday, 3rd April 2022, Gwandu said the minister’s friends also supported his governorship ambition with N135m.

He stated that the friends of his principal gifted the vehicles to “long-term workers in the Khadimiyya Foundation”.

Malami is reported to be one of the stakeholders of a non-governmental organisation known as the Khadimiyya Foundation for Social Justice and Development Initiative which is based in Kebbi.

It’s noteworthy that Malami, who hails from Kebbi State, is a two-term member of the cabinet of the President Muhammadu Buhari and an APC chieftain. He was recently reported to have declared his intention to succeed Governor Atiku Bagudu of the North-West state in May 2023.

In the statement, Gwandu stated, “It is abundantly clear that the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN has teaming supporters from home and beyond.

“This has been demonstrated not only by the calls from far and near for him to vie for Kebbi gubernatorial seat in the forthcoming election but also by donations from friends, associates and supporters of N135m.

“The recent donation of N135m has opened doors for donations and supports of many items including vehicles by well-wishers.

“The story attributing vehicle distribution to Malami was mischievous and misconstrued information. It was friends and associates of Malami who donated and distributed vehicles to long-term workers in the Khadimiyya Foundation.

“The occasion was not for distribution of vehicles to any APC stakeholder. None of the APC stakeholders or delegates in Kebbi State was given any vehicle by Malami.

“You can contact the National Secretariat of the APC, get the lists of all the APC stakeholders and delegates in Kebbi State. Do an investigative story to reach out to them, then you would realize how fictitious is the claim.

“Comparing the names of APC stakeholders and the beneficiaries of the vehicle will reveal to you that there is no connection between the two and the two are not connected whatsoever.”

Nigerian politicians and their ceaseless cock and bull stories. Does this story, as purportedly presented by Malami’s aide, make sense in any way? I’m just thinking aloud.

They would have rather consulted great thinkers to create a better story that could be used to support the disclaimer, instead of coming up with this very one that ended up ridiculing the AGF’s image.

You gifted exotic cars to ‘long-term workers’ of a certain foundation. Imagine the affront meted out to the discerning electorate. So, all these past years, Malami or his associates never thought it wise to gift exotic cars to ‘workers of an NGO’ until the moment he was about contesting for his State’s gubernatorial seat?

Let’s assume the vehicles were actually gifted to workers of an NGO as being claimed; why would they be of exotic brands; and why would it be now? Besides, Nigerians would like to know the real names of the donors.

I pray the electorate would be much wiser this time, so they could make sound decisions for their future’s sake.

Alibaba Lost $26bn Because the News Reported the Arrest of Someone Named Jack Ma

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On Tuesday morning, Chinese state TV, CCTV, reported that police in Hangzhou have apprehended an individual whose name is Ma. According to the report, the police have taken ‘compulsory measure’ against Ma on April 25, on charges bordering on using the internet to engage in activities endangering national security.

Upon the news, Alibaba’s shares nosedived by as much as 9.4%, erasing about $26 billion in value. Investors dumped their shares, believing the arrested person is Jack Ma, the founder of Alibaba, according to Fortune.

Hangzhou is Jack Ma’s home city. The broadcaster, who did not give details of the arrest earlier said that the surname of the arrested individual has only two characters, but later revised the report to suit a clarification issued by Hangzhou’s police that the individual’s full name has three characters, according Fortune.

The clarification, which explained that the arrested individual is a hardware research director at a Chinese tech company, came a little late. The full name of Jack Ma, whose given name is Yun, has two characters and makes a distinctive difference between him and the individual in question. Per Fortune, by noon Hong Kong time, Alibaba shares had pared losses to just 1.8%.

‘Ma, which literally means “horse,” is the 13th most common surname in China, according to a 2019 report by China’s Ministry of Public Security. Hangzhou’s population of 12 million likely includes more than 100,000 people surnamed Ma.’

But as noted by Fortune, the development points to the fact that investors are still wary of Alibaba’s stock. Alibaba became a target of Chinese authorities in 2020, after Ma publicly criticized the country’s policymakers for making what he considered backward rules that don’t support economic growth.

Ma’s criticism triggered what would later spiral into a major crackdown on the Chinese tech industry, wiping billions of dollars off the markets. In 2021, Beijing imposed regulations and fines on some of the country’s largest tech companies based on issues such as national security, misuse of private data and monopolistic practices. The affected sectors include gaming, ride-hailingedtech, and food delivery. The crackdown spooked a lot of investors who are yet not convinced that the coast is all clear in the industry. The Hang Seng Tech Index was down 57% from its February 2021 peak.

Alibaba was fined a record $2.8 billion for anti-competition practices in April 2021. Ma has largely disappeared from public views, appearing only about twice since then.

Alibaba has lost 66% of its value since 2020, following the Chinese government’s decision to halt the IPO of its fintech subsidiary – Ant Group, which would have been the largest in history at $34 billion.

Though the Chinese authorities seem to be sheathing their sword as the world’s second largest economy record massive drop in economic growth, investors in Ma’s conglomerate are still concerned that the billionaire and the entire tech industry are not totally off the hook of the authorities, and the crackdown may be revitalized whenever they deem fit.

Fortune reported that longtime Alibaba investors, like Charlie Munger’s Daily Journal Corp, are even trimming their holdings of Alibaba shares.