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In 2022, Master The Victory of Time

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There is no greater liberation than owning your TIME, and no great success has been achieved without knowing that time is scarce even in its limitless form. But managing time does not mean spending less time on something; it’s simply knowing what to spend time on.

Do not be like the lifeless feather which when tossed into the stream wanders wherever the stream current moves it. Be like the dragonfly which even though enjoying the mild current, defines its path. Master the victory of time.

Determine to OWN your time and control the path of 2022. I wish you a great NEW YEAR ahead.

Master The Victory of Time

2022 is the Year of Accelerated Entrepreneurial Growth in Nigeria

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2022 is the Year of Growth in Nigeria. I am feeling the indicators everywhere. There are massive shifts after sectors. Yes, there is abundance in the future and diasporas are increasingly investing in the homeland, fueling the power of entrepreneurial capitalism.

Innovators will have those first $30,000 or $50,000 to begin new missions on fixing frictions which exist in our markets. Open your mind, do not allow dogmas of disbelief to cloud your awareness and observation on emerging patterns and opportunities; tomorrow has a promise.

No matter what you are doing, leading, servicing, working or founding, let’s put our best efforts for the nation. A working Nigeria is good business for everyone. #BeReady4Year2022.

At Tekedia Institute, we will provide the tools to make that 2022 super-amazing. Early bird registration for Tekedia Mini-MBA (Feb 7 – May 7, 2022) ends tomorrow Friday. Begin here to unlock the early benefits.

Revisiting Babatunde Fashola’s Gimmick On 2023

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On Thursday, 25th October, 2018, the erstwhile Lagos State Governor and present Minister of Works and Housing, Mr. Babatunde Fashola enjoined his people of the Nigeria’s South-West Zone to vote for President Muhammadu Buhari in the 2019 elections towards guaranteeing a return of power to their zone in 2023.

The minister tendered this in Ibadan, the Oyo State capital at a special town hall meeting on infrastructure organized by the Federal Ministry of Information and Culture headed by Alhaji Lai Mohammed in collaboration with the National Orientation Agency (NOA).

Alhaji Lai led three other ministers including Fashola as well as the then Ministers of Transportation and Water Resources in the persons of Messrs Rotimi Amaechi and Suleiman Adamu, respectively, to the meeting which had in attendance key stakeholders from the area.

Mr. Fashola opined that besides the massive investment by the Buhari-led government on infrastructure across the country, South-West in particular, the zone would benefit politically by re-electing Buhari at the 2019 polls.

He stated in Yoruba language “Do you know that power is rotating to the South-West after the completion of Buhari’s tenure if you vote for him in 2019? A vote for Buhari in 2019 means a return of power to the South-West in 2023. I am sure you will vote wisely.”

It wasn’t news that on several occasions, some leaders of the All Progressives Congress (APC) in the South-East had boasted that President Buhari would be handing over power to the zone in 2023 if he gets votes from the people of the area at the 2019 Presidential election.

By the statement from Mr. Fashola, he had inadvertently concurred with the line of action of his predecessor, Chief Bola Tinubu. Prior to the outing, the latter had been putting up behaviours that indicated he was aspiring to take over power from President Buhari. His body language suggested he’s warming up to succeed the sitting president whenever his service expires.

It’s quite intriguing that Mr. Fashola never minded the political implications of such an utterance before letting it out. This implied that the people of the South-West under the auspices of the APC cannot afford to allow any other zone or region to succeed Buhari when he bows out from Aso Rock after the expiration of his second term in office.

If my thought is as good as yours, then you would agree with me that the APC’s gladiators of the South-East extraction have been deceiving themselves by going about telling their kinsmen and beyond that power would freely return to them after the tenure of Buhari.

One may even assert that the aforementioned set of people isn’t only deceiving but making ‘fool’ of itself. This is so, because, the way and manner they parade themselves as regards who, or which zone, succeeds Buhari appear as if a Memorandum of Understanding (MOU) had already been reached and duly signed by the overall leadership of the APC.

This categorically informs that the Igbos need to wake up from slumber. It’s indeed high time they began thinking of how to become more politically aware in Nigeria’s sphere. It’s obvious that overtime the people from the Igbo nation have been used as sacrificial lamb whenever it calls for acquiring power within the country’s political terrain.

They must realize to the fullness that power is taken, not given. No rational politician ought to expect power, no matter how lowly placed, to be granted or released to him/her on a platter of gold.

Everyone is expected to ‘fight’ towards acquiring power or assuming any political post. Thus, one who believes that such a position would willingly and freely be ceded to him is simply daydreaming.

However, Mr. Fashola would have at least considered the consequences of such an announcement especially at the era when the ruling party was making frantic efforts to remain in power. Also, acknowledging that the major opposition party – the People’s Democratic Party (PDP) – had been damn prepared to reclaim the country’s seat of power, which they regrettably vacated in 2015.

Mr. Fashola, therefore, ought to have understood that such an avowal was liable to make the APC massively lose its prospective voters, particularly from the South-East. He should have realized that it is a sentence that had the tendency of causing the ruling party a grievous harm in the nearest future.

Having made the statement in vernacular, he might had thought that outsiders wouldn’t take note of it, forgetting the country at large is at the moment in a heat period regarding politics, hence an average Nigerian is currently far more socio-politically aware than he/she was.

The utterance in question may have been erroneously and carelessly tendered by the honourable minister, but the point remains that it ought to be considered as an eye-opener by the members of the APC of the Igbo extraction. Even if it’s eventually retracted, it had already sent the message being required by the Igbos at such a critical time like this.

Notwithstanding, whatever the case might be, it’s time our politicians started being very mindful of what they utter in the public domain especially when campaigning for votes. 

SpaceX Raises $337.4 million in Equity Funding

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SpaceX show

SpaceX has raised $337.4 million in equity financing, the company announced in a regulatory filing on Wednesday.

The investment is part of the rocket company’s push to raise more money for both its satellite internet, Starlink and rocket transport services. SpaceX founder Elon Musk said in June that Starlink will need as much as $30 billion to execute its satellite tasks and steer the company to a profitable business.

In October, SPaceX hit $100 billion in valuation after a secondary share sale. The latest funding round is a major revenue boost to the space company, which has been competing with Amazon’s Blue Origin and billionaire Richard Branson’s Virgin Galactic in the space industry.

The burgeoning constellation and space travels have seen an uptick in the number of investors. Google’s parent company, Alphabet and Fidelity Investments are among companies who have bet their money on SpaceX.

Earlier in the year, Virgin Galactic and Blue Origin joined SpaceX in launching successful civilian trips to space, kicking off the multi-billion dollar commercial rocket industry. The space economy is estimated to be worth $1 trillion by 2040, according to Morgan Stanley.

Each of the companies have been competing to grab enough share of the estimated economy. In October, Blue Origin and Sierra Space announced plans for Orbital Reef, a “commercially developed, owned, and operated space station” that will be built in low Earth orbit. The station will start operating in the second half of this decade.

The idea is backed by space industry leaders and teammates including Boeing, Redwire Space, Genesis Engineering Solutions, and Arizona State University; and is expected to open multiple new markets in space.

SpaceX on the other hand, is planning to launch its Starship rockets, which is designed to put as many civilians as possible on Mars, before 2030. Musk’s company still leads others, having launched numerous cargo payloads and astronauts into orbit. It has been the first choice of the U.S. ‘s National Aeronautics and Space Administration (NASA), in space transport and contracts.

SpaceX is the only company among the three offering orbital services, which is key to many of the contracts it has won from NASA.

While the companies are carving out a niche, luxury space trips, which is rapidly becoming a thing, remains key to the space industry’s economy. The cost of trips per a seat to space on Blue Origin’s New Shepard and Virgin Galactic’s SpaceShipTwo is typically $250,000 to $500,000. This is because they are suborbital transport systems – 15-minute rides from the earth.

For SpaceX’s orbital transport, the cost starts from $50 million. This price per seat is considered cheap because NASA used to pay Russia nearly $90 million per seat on the Russian Soyuz spacecraft.

Tekedia Institute receives 10 copies of “Igba-Boi” by Ogechi Adeola and Valentine Chineto Ozigbo

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Good People, Tekedia Institute has received ten copies of “Igba-Boi: Repositioning the Igbo Apprenticeship System” authored by Prof Ogechi Adeola of Lagos Business School and Mr. Valentine Chineto Ozigbo who carried the PDP flag in the last Anambra state governorship election.  Yours truly Ndubuisi Ekekwe wrote the Foreword for the book.

These copies will form part of Tekedia Institute’s library as we unveil a full course on The Igbo Apprenticeship System in 2022.

We thank the authors for donating these 10 copies to our Institute.

Tekedia Institute Introducing A Course on “Igbo Apprenticeship System”