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Home Blog Page 5274

Why Nigerians Must Be Politically Vigilant

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The last time I checked, there was a good and convincing reason for Nigerians in their entirety to become very vigilant, political wise. As I write, such a mode of attitude expected of them is still highly needed.

It’s not anymore news that the heat is on at the moment across every nook and cranny of the country and beyond. Even a-day-old child can testify to the fact that Nigeria is currently being heated by all the political gladiators and statesmen within.

The situation has continued unabated for quite some time now, especially since we entered 2022, that you wouldn’t be surprised if you are welcomed with political talks, rather than kola, whenever you pay a visit to any of your relatives or friends, as might be the case.

Even in most schools, presently, teachers have resorted to discussing politics in the classroom when they are meant to impact knowledge on their students. The level of the melodrama has made the learners prefer the former to the latter.

The circumstance has become so intense that our various worship centres are not exceptional. The clerics, now, have abruptly become fond of analyzing political happenings right from the altar while standing before the congregation. It suffices to say that they have thrown the duty of preaching the gospel to the waste bin just for the sake of politics.

The way and manner the incidence is trending has ended up causing further confusion among the citizens of the country that possess electoral value, popularly known as the electorate.

Most of this set of Nigerians who are eligible to cast votes during polls are right now apparently faced with a dilemma that they do not even know where to go from here or the next step to take.

The situation is quite appalling because if it continues, I’m afraid, the impending elections might end up in shambles come 2023. It is so bad and disheartening, because its effect does not in any way augur well for the country.

It’s, therefore, needless and inconsequential to reiterate that the emergence of this piece is solely informed by the compelling need for every Nigerian – both at home and in the Diaspora – to be politically vigilant. They must be very vigilant at such a critical and sensitive era like this towards ensuring they aren’t consumed by the foreseen ocean wind.

A vigilant person is always alert and conscious. He or she is invariably prepared to withstand any pressure irrespective of nature. A vigilant individual is at all times ready to overcome any challenge that comes his or her way. Above all, he/she is ever awake; in other words, such a person does not fall asleep unnecessarily.

Nigerians must unequivocally stop being carried away by frivolities. They must at this point start facing realities. They need to, at all cost, overlook anything that could make them begin to think or act in a weird manner. They must be ready to repulse all odds.

It’s clear that a thousand and one persons are presently nurturing interest to lead Nigeria come 2023. On the other hand, countless individuals in the country are also warming up to occupy one elective political post or the other outside the presidential position.

Funnily enough, most of these aspirants have no vision and mission. It’s needless to assert that they are creating awareness only to distract the mindsets of the concerned Nigerian citizens.

The electorate needs to fish out such a set of unserious aspirants and discard them completely just as they would do when their households are littered with banana peels. There’s an urgent need to realize these unwanted individuals in their midst before it becomes too late.

It’s pertinent to acknowledge that the good people of Nigeria cannot be able to fish out the bad eggs if they fail to be vigilant. Vigilance, in a nutshell, is all about carefulness; it is a careful attention that one gives to a situation in order to notice any danger, trouble or anomaly that may arise.

So, the above paragraph signifies it takes only careful Nigerians to realize those who have come to devour their flesh. Thus, I urge them all to be, and remain, extra careful come rain come shine. They must not allow themselves to be deceived or used regardless of the tactics the politicos deploy.

Do not sell your conscience for a mere penny. Your future ought to be a thing of paramount concern at the moment. So, if the future matters most to you, no one born of a woman can cajole you to betray your conscience. You must, therefore, be wise and focused.

Inter alia, as Nigerians vigorously prepare themselves towards embracing the polls, they shouldn’t forget the fact that the Permanent Voter’s Card (PVC) remains the power of all the electorate. This implies anyone who is yet to obtain their PVC but intends to vote at the polls is, to say the least, only deceiving him/herself.

Hence, at this juncture, I enjoin any Nigerian who hasn’t grabbed their PVC, to hurriedly walk up to any centre of the Independent National Electoral Commission (INEC) nearest to him/her with a view to doing the needful. Registration and revalidation of the PVC is now reportedly ongoing, thus you have absolutely no reason to tender an excuse.

On their part, the various institutions – including religious, educational and traditional – must equally be very careful. It’s their civic obligation to conscientize their wards on the need to support, or vote for, an aspirant based on his/her competence, background and antecedents instead of laying emphasis on party or social affiliations.

Anything contrary to these expectations is totally an aberration, hence the need for Nigerians to strongly concentrate on only the needful at all times.

Breaking: Sunday Ighoho has been released

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The renowned Yoruba Nation campaigner and activist, Sunday Adeyemo, popularly known as Sunday Ighoho, has been released by the Government of Republic of Benin.

The Chief campaigner of Yoruba nation’s  independence under the body  of Ilana Omo Oodua Worldwide was announced in a statement issued by the group’s official spokesman on Monday to have been released by the Beninese government. In the official statement issued by  Ilana Omo Oodua’s spokesperson, Mr. Maxwell Adeleye, which was titled, ‘Yoruba Nation activist, Sunday Adeyemo Ighoho released to Yoruba leader, Banji Akintoye”. 

How and Why Sunday Adeyemo Igboho was arrested: 

Sunday Igboho who has been in the black book of the federal government of Nigeria  due to his anti government rallies and campaigns carried out in some big cities of the south western region of Nigeria. The campaigns and rallies which have recorded a massive success and gathered a huge crowd of  followers are primarily centered on agitation for  self determination and self  governance of the South western region; basically, independence of the south western region (the Yoruba nation) from Nigeria. 

On 1st of July, 2021, Sunday Igboho’s Ibadan residence was attacked by the security forces of the federal government with the intention of capturing the Yoruba nation activist and arresting his close associates and enablers. 

During the bloody operation by the Department of State Services, two of Sunday Igboho’s close associates (including his chief priest)  were killed in the crossfire while 13 of his associates were captured and taken to the DSS headquarters in Abuja for detention but Sunday Igboho the main target managed to escape with his wife. 

After this “mystical” escape of the raid by Sunday Igboho, he fled the country en route to Germany through the Benin republic to seek asylum with his wife. He was captured in Cotonou, Benin republic with his wife on the 19th of July, 2021. His wife has since been released but he has been kept in the detention in Benin republic where the government of Nigeria has been lobbying the Beninese government for him to be extradited to Nigeria. 

After the raid of July 1st, the security forces also claimed to have recovered  seven AK-47  rifles, three pump-action guns, 30 fully charged AK-47 magazines, 5,000 rounds of 7.62mm ammunition, five cutlasses, one jack-knife, one pen knife, two pistol holsters, a pair of binoculars, a wallet containing $5, local and international driving licences in his name, ATM cards, a German residence permit No. YO2N6K1NY bearing his name, two whistles, 50 cartridges and 18 walkie-talkies, numerous  charm jackets/traditional body armour, two laptops, one Toshiba and one Compaq laptop, Igboho’s passport and those of his aides.

These items were presented and duly recorded by the Department of state security. 

The 13 aides of Sunday Igboho that were arrested during the Ibadan raid at the activist residence were later released after a court injunction ordering for their release from the DSS detention. 

CADAP Digital Economy Infrastructure Services for Africa

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The destination:  a payment terminal that can process most African currencies with an internet node, making it possible that a merchant in Nairobi can be paid by a Naira card. A new order in payment where all you need in Africa is ONE BANK account because a technology layer will unify all nations, making it possible that your Accra bank-issued card can allow you to do everything you want to do in Lagos as though you are in Ghana!

Then, with that payment layer sorted, other elements of trade open up. At CADAP, our vision is to build a new layer in the African economy.  We’re already powering many ecosystems across Africa with the  CADAP Digital Economy Infrastructure which offers many services (some below).

  • Domestic revenue generation, mobilization, collection, and assurance.
  • Cross border trade, enabling and facilitation.
  • Aggregate demand data for central banks
  • Financial inclusion for all (e.g.: Financial inclusion in agriculture)
  • Connectivity for all
  • Power as a service
  • Human capital graph development
  • Satellite technology and satellite applications

You are possibly using most of these services in major universities across Africa. Today, we’re opening them up  to local governments, communities and more. More so, we’re already enrolling banks in our infrastructures in Sierra Leone, Senegal, and will be expanding to more countries. In Nigeria, we power many critical digital infrastructure projects (connect for projects).

  • Ndubuisi Ekekwe
  • Co-founder/Board Member, CADAP Americas

 

Tekedia Live – Foundation FX and Brokerage

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Let’s go trading and master the fundamentals of FX and  brokerage. Tekedia Mini-MBA Faculty OBOH Victor Osemudiamen. MBA will take us on an excursion tomorrow. Oboh is the West African regional manager of CJC Markets Ltd, an authorized Finance company by Australia Security and Investment Commission (ASIC).

He sees trading well beyond the way they do it in Oriendu Market in my village of Ovim in Abia State, Nigeria. His market is unbounded, unconstrained, and men and women wager $billions daily.

Tekedia Institute Mini-MBA > > winner of Magic Velocity US$60,000 prize for education innovation. Zoom link in the Board

NASENI Laments The Dominance Of Foreigners In Nigeria’s Fintech Space

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No doubt, Nigeria’s Fintech space has been booming and has become lucrative and competitive in the economy with around 250 companies present in the sub-sector. Although the Fintech space has recorded so many groundbreaking achievements, the National Agency For Science And Engineering Infrastructure (NASENI) has said that the lack of domestic capacity to produce modern technologies in Nigeria is fueling poverty, unemployment, and insecurity in the country.

The agency decried the dominance of foreigners in the nation’s integrated personnel payroll information system (IPPIS) government Integrated Financial Management Information System (GIFMIS), online banking service, and mobile telecommunication. It noted that the implications of this is that current and future generations of Nigerians would remain consumers of imported products. Speaking at the Nigerian Academy of Science (NAS) conference in Abuja, CEO of NASENI, Prof. Mohammed Haruna, stated that wealth creation, peace, progress, and stability are by-products of a knowledge-based economy and not commodities that are imported.

He also observed that development in frontier technologies has shown tendencies to widen the socio-economic gap between the advanced and developing countries. He lamented that Nigeria is not prepared to catch up with the technology wave, copying, imitating, adopting, and adapting to the ongoing industrial revolution. I strongly agree with the statement above-mentioned by the CEO of NASENI. The Nigerian Fintech ecosystem has been booming no doubt about that, albeit it has some shortcomings as regards its overreliance on Foreign expertise in the Fintech ecosystem.

There is a high dominance of foreigners in the Fintech space which has shown our over-reliance on imported products making us more consumers than producers. The country’s technological prowess is still abysmally low. Nigeria is still largely a consuming nation that has very little impact on the economy of the country. Currently, the yearly importation of IT solutions used in Nigeria is put at over $2 billion. The country’s hardware sub-sector is 80% foreign-dominated. Truth be told, only homegrown solutions rooted in massive soft and hard infrastructure can revive the country from its economic woes.

According to research, on the Global Innovation Index (GII), Nigeria has consistently in the last seven years ranked lowest, and had not fared better even before then. In 2019, GII Nigeria ranked 114 out of 129 economies. A year earlier, it ranked 118th. Nigeria was nowhere to be found among the innovative achievers in Africa, whereas five countries that emerged in terms of innovation relative to their level of development, from sub-Saharan Africa included Kenya, Rwanda, Mozambique, Malawi, and Madagascar.

In achieving technological advancements, the government needs to create an environment that enables ICT development and innovation, because it is very critical to the growth of the economy. For the past few decades, the economic viability of many developed nations has been traced to their ecosystem. The tech ecosystem is indeed a very strong sector to the development of a nation because it is an interconnected, interdependent network of various actors that combine to create innovative products and services in technology.

If we are to look at the tech ecosystem in Nigeria with a holistic approach, of course, we can’t dispute the significant exponential growth it has experienced, yet it is still in its infant stage. Nigeria needs to move from being over-reliant on imports, to creating our tech products. This feat is not rocket science as it is very achievable, with the right motive and actions, coupled with top key players coming together to actively play their part, this initiative will definitely transform the tech sector.