His generation’s finest innovator and possibly the world’s first trillionaire is Time’s Person of the Year. We’re living in the age of Elon Musk: brilliant, peerless, bold, fearless, enigmatic and AFRICAN by birth. Yes, out of South Africa, he drank from the purest of streams and today, he is leading the human species for a possible future where we can travel to other planets, possibly enabling new eras of civilization.

As the world debates on China’s rise, Elon Musk can unlock a new world and drop the key with America. He is the most important heartbeat in this world because he has the most power to create a “new world”.

As the Igbo Nation says, it takes the killing of one leopard to be called a killer of leopards, Elon through Tesla, SpaceX and upcoming Boring has CHANGED his generation and the world. That market has anointed him The Richest among us is simply a ticket for his ascension, leaving the solid bounds of this earth into the ecclesiastical planets of outer heavens where he will possibly rule as a landlord.

Hope you save to join him because soon the auction will begin: one plot of “land” in outer space goes for $$. LEGENDS!

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Comment 1: Whether we or Time congratulate Elon or not, the market has congratulated him with a really tall net worth.

The good thing about Elon is that he has more Moral Capital than his peers. If you noticed, Elon is probably the only high net worth billionaire that people genuinely fan about. He’s genuinely passionate about the progressive development of civilisation as opposed to accumulating wealth as an end.

While Google and Facebook keep optimising and optimising for Ad Revenues by aggressively invading people’s privacies with cookies and more cookies despite knowing that the people really hate it, Elon, as a brand, is pushing the boundaries of our possibilities as a civilisation.

While Amazon ramps up America’s trade deficit by chosing to make everything in China, including the very containers for its shipping vessels and lorries, basically turning America into a dump site for Chinese manufacturers at the expense of the American economy, Tesla makes his cars in its key markets, largely contributing to those markets, little wonders nations are willing to subsidise to have the company but not Amazon, a benefit that Elon now thinks aren’t quite necessary.

Elon is a real Revolutionary and a reminiscence of the American Dream.

Comment 2: Whether TIME gives Musk Person of the Year trophy or not, it neither increases nor diminishes him, same way telling a beautiful woman that she’s beautiful doesn’t increase her beauty, she’s already beautiful…

But just like other billionaires who once topped the exclusive list, most people only remember or talk about them from the standpoint of their wealth, and not really what they possess internally. The size of wealth is ephemeral, but what need to wow discerning mind are their intellectual capital, the quality of their judgments, visioning capability, courage, and of course the unparalleled execution capabilities. The material wealth can go up or down, but with those internal qualities, you remain eternal.

The man Musk is an outlier, he doesn’t say what those wearing nice suits like to hear sometimes, but they are forced to find ways to work with him, because he’s smarter than all of them put together. Conventions only apply to normal creatures, but if you are different, a different set of rule will have to be formulated, Musk belongs in the latter.

MTN and Mafab Communications have won Nigeria’s 5G spectrum auction: “The commission fixed the base price at $197.4 million. The two winners got the nod of the regulator at $273 million”. That means Airtel, Glo and others are going to return to the drawing board as this asset class could redesign the sector many years from now.. 

Yes, I am not moved by 5G in Nigeria to be that significant in the immediate near future. The fact remains that many would be fine with 3G or 4G if they are available and reliable. So, forget the nomenclature and demand for quality service irrespective of the technology generation. If 3G is reliable, many would be fine in Nigeria. 

Yet, congrats to MTN and Mafab – they are possibly going to make it possible for civil servants to be paid this December. Please send the alerts fast once you get the invoices; Nigeria needs money.

To NCC, well done. You remain the best agency or government unit in that nation.

MTN and Mafab Communications Limited have won the bid for the 5G spectrum auctioned by the Nigerian government Monday.

The Nigerian Communications Commission conducted the auction at the Transcorp Hotel in Abuja for the available two slots for the 3.5 GHz spectrum.

MTN Nigeria, Mafab Communications Ltd, and Airtel Networks Ltd participated in the bid using the Ascending Clock Auction System.

Nigeria needs money and there are many ideas which are evolving in the nation especially on VAT: “The Finance Bill is proposing an amendment to section 10 of the VAT, by introducing a new section 10, putting the burden of VAT on non-resident digital companies rather than non-resident individuals.”

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the proposed amendment to the Finance Act will ensure that Amazon and other digital companies become Value Added Tax collectors for the Federal Inland Revenue Service (FIRS).

Ms Ahmed said the bill, which emanated from the executive arm of government, if passed by the lawmakers and assented to by President Muhammadu Buhari, will reduce ambiguity and restrict VAT obligations to digital non-resident companies.

The minister spoke in Abuja on Monday at the public hearing into the bill.

The hearing was organised by the House of Representatives Committee Finance.

Mr Buhari had transmitted the bill to the two chambers of the National Assembly last week Tuesday.

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